AUWCL Hosts Second Annual Business Bootcamp For Students
January 9, 2018
Students new to the world of finance got a crash course in business fundamentals during the second annual Business Basics Bootcamp held at American University Washington College of Law Jan. 7-8, 2019.
The two-day, 14-hour bootcamp introduces AUWCL students to essential business concepts, including the financing of business ventures and interpreting financial statements.
The course, which featured a number of distinguished guest instructors, was led by Professor Kenneth Anderson. Attendees included 1L and 2L AUWCL students, as well as admitted students for the Fall 2019 semester.
In her welcoming remarks, Associate Dean for Faculty and Academic Affairs Brenda Smith told students “it’s important that you’re getting grounding, and showing interest, in this area of work – it’s really at the core of everything that we do.”
Anderson said that many students enter law school with various undergraduate backgrounds, but soon realize that business concepts are a key component to a legal foundation.
“These two days are intended not to talk about the law very much, but instead to talk about the subjects behind so much of the law: business, finance, commerce and money,” he said.
Throughout the course, Anderson explained finance terminology with a series of three lessons that taught business vocabulary. He and Professor Ben Leff, director of AUWCL’s JD/MBA Dual Degree Program, reviewed the AUWCL business law curriculum with bootcamp participants.
Monday also featured Adjunct Professor David Kempler, who discussed choosing a form of business organization. Adjunct Professor Chuck Borek, founder of the Borek Group, LLC in Maryland, taught a section on taxation of different forms of business organizations.
Alum Tim Shields ’10 from PricewaterhouseCooper instructed two lessons on accounting Tuesday morning, followed by discussions on financial concepts, instruments, and markets led by Adjunct Professor Alan Jacobs in the afternoon.