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Vet students get heads for business
Students learn about commercial realities
Fifth year vet students at The University of Nottingham are getting a chance to learn all about the commercial realities of running a vet practice.

The new extra mural business placement is being pioneered by the School for Veterinary Medicine and Science. As part of their final year students are being offered two weeks of hands on experience in the commercial world of clinical practice.
 
The placement takes a student through the process of finding an appropriate site and property to set up a new practice, utilising demographic software to determine the target client profile, assessing the competition and understanding the commercial considerations of running a successful business. The students then get the chance to look at how to equip the practice, get it ready to trade and put together their very own five year business plan.
 
The students also learn about the staff recruitment and development process, marketing initiatives as well as interpreting operational information, and management key performance indicators. Finally they will learn how to improve the performance of the business and get it ready for sale.
 
Professor Gary England, Foundation Dean of the School for Veterinary Medicine and Science, said: “We hope that many students will see the advantages of gaining a commercial perspective alongside their academic studies. We want our course to prepare students for when they qualify, rather than purely teach the science, this initiative expands the opportunities for our students and we will continue to look at ways we can challenge and support our students in their studies and beyond.”

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Applications open for MMI research grants

News Story 1
 RCVS' Mind Matters Initiative (MMI) has launched round two of its veterinary mental health research grants.

Researchers have until 11.59pm on Wednesday, 28 May 2025 to apply for a grant for research which reflects MMI's 2025 focus areas.

Only one Impact Grant was awarded last year, and so this year there are two Discovery Grants and one Impact Grants available. Each Discovery Grant is worth £5,000 and the Impact Grant is worth £15,000.

For more information or to apply, email researchgrants@rcvs.org.uk to contact the MMI team.

 

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News Shorts
BBC Radio 4 documentary addresses corporate fees

BBC Radio 4's File on 4 Investigates has released a documentary exploring how corporate-owned veterinary practices may be inflating bills to increase profit.

Released on 15 April, 'What's Happening To Your Vet Bills?' revealed the policies which many corporate groups have in place to increase their profits. This included targets and upgrades which veterinary teams are tasked with meeting on a regular basis.

It also features Anrich Vets, an independently-owned practice based in Wigan. Following the case of Staffordshire terrier Benjy, who is diagnosed with a tumour, the documentary shares how the team were able to offer contextualised care and advice to make the procedure as affordable as possible for his owners.

The documentary can be heard on demand on BBC iPlayer.