Commercial Awareness in the Nuclear Industry

NSAN January 2014

This January we are pleased to welcome the latest cohort of the Nucleargraduates Scheme onto their first module of the Certificate of Nuclear Professionalism. 

A total of 39 participants will take part in our two day Commercial Awareness module, to build their understanding of the key requirements involved when conducting commercial activity in the nuclear industry.

Since 2010 Nucleargraduates has been sponsored by major players in the nuclear industry, who recognise the benefit of developing graduates to give them an awareness of the political and commercial aspects of the industry as well as technical depth in their subject area.

The scheme is now managed by Energus on behalf of the sponsor organisations, which include the NDA, Magnox, Rolls–Royce Ltd and Sellafield Ltd.  The scheme has been described as "the most comprehensive graduate scheme the industry has ever seen", and featured in The Times Top 100 Graduate Employer category.

The scheme incorporates seven modules designed to equip individuals with the necessary skills for today’s professional working within the nuclear industry. The Centre for Executive Development is providing faculty and content for four of the modules: Commercial Awareness, Project Management , Communication and Technical Leadership.

The Centre for Executive Development is delivering the Commercial Awareness module on 23rd and 24th January at Aston Business School.  The two day session will involve the whole of the current Nucleargraduates cohort.

Aston faculty members Matt Davies and Ian Cornelius of the Finance and Accounting Group will deliver the module. In addition, Sean Balmer, former NDA Commercial Director and Peter Walkden, Commercial Director of Magnox Ltd, will be in attendance and contribute as co-tutors and industry specialists, providing colour and context to the best practice content.

The module is contextualised: participants learn new concepts, tools and methodologies and apply these to a case study based on a “real world” Sellafield decommissioning scenario. Participants are assessed through completion of a learning log and a reflective practice assignment, accredited by the Open University.

The experience provides participants with a rigorous and practical grounding in some of the key knowledge areas and skills required for success in the nuclear industry.

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