Do you see yourself as the next Alan Sugar, Richard Branson or Deborah Meaden then Business Studies is the option for you!
Business Studies is an option offered at key stage 4 and key stage 5. It’s a place for all our pupils to find out what they would have to do to run their own business and learn what it would take to be a successful Entrepreneur. We want them to learn about the world of work so that they will know what will be expected of them when they enter employment.
In the Business Studies department, we aim to develop a greater understanding and interest in how businesses and the economy work so that our pupils will be well prepared for the complex, technical, business orientated world they will enter as young adults.
Business Studies is a fun, relevant and challenging subject. We encourage our pupils to have opinions and ideas and to be able to communicate them in the most effective way.
Entrepreneurship is about turning what excites you in life into capital, so that you can do more of it and move forward with it Sir Richard Branson
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Key Stage 4 (GCSE) - years 10 & 11
WJEC GCSE in Applied Business
Applied Business relates to the world of business and the community at large. Students pursuing a course in business will be encouraged to develop their knowledge and understanding of business in a vocational context. It is a suitable qualification for those who want a broad background in business and those who want to progress to Higher Education. It will provide essential information for those entering the world of work.
The course is based on a controlled assessment and a written examination.
Unit 1 – Controlled Assessment (worth 60%)
The Business and its Environment
This unit will be assessed by a controlled assessment which is set by the WJEC, internally assessed and externally moderated. Candidates will have the opportunity to report upon a chosen Business(s) within their local environment. Pupils will gain an understanding of how businesses organise themselves in order to meet their aims and objectives. They will investigate how ownership affects the running of the business and will explore businesses which produce a range of different goods and services.
Unit 2 – Written examination (worth 40%)
Business Finance and Decision Making
This unit will be externally assessed by an examination of 1 hour 15 minutes duration. The examination will consist of short answer and extended responses.
This unit provides an introduction to decision making and business finance. Pupils will look at how businesses can measure their performance through keeping accounts and will find out the value of ICT in helping them to manage their finances. Pupils will learn about simple recording systems, how to interpret financial documents and how to identify different options for businesses when faced with financial decisions.
The subject provides a good foundation for a variety of different careers and courses in further education, such as Applied Business and BTEC Level 3 Business.
I have not failed I’ve just found 10,000 ways that won’t work Thomas Edison
Key Stage 5 (‘A’ level) - years 12 & 13
Edexcel Advanced Subsidiary GCE in Applied Business
Applied business studies is a popular subject at all levels, all jobs are in a business of some kind and the skills and knowledge learnt from a business course will be of value in the future and will develop employability, personal learning and thinking skills. This qualification therefore lays an excellent foundation for further education and employability.
The GCE qualifications in Applied Business will provide learners with a broad introduction to the business sector and should encourage learners to develop skills, knowledge and understanding in realistic business contexts.
The following are the units covered at AS Level:
- Unit 1: Investigating People at Work (Externally assessed)
- Unit 2: Investigating Business (Internally assessed)
- Unit 3: Investigating Marketing (Internally assessed)
The following are the units covered for the A2 Level:
- Unit 8: Business Development (Externally assessed)
- Unit 9: Managing and Developing People (Internally assessed)
- Unit 12: International Dimensions of Business (Internally assessed)
The AS is the first half of a GCE course and contributes to 50% of the total Advanced GCE marks. The A2, the second half of the Advanced GCE, comprises the other 50% of the total Advanced GCE marks.
Edexcel BTEC Level 3 Subsidiary Diploma in Business
The BTEC Level 3 Subsidiary Diploma in Business offers pupils flexibility in their learning through the study of core and optional units. It is broadly equivalent to one GCE A Level.
The BTEC Level 3 Subsidiary Diploma offers an engaging programme for those who are clear about the area of employment that they wish to enter and those who require a more generic business knowledge.
The BTEC qualifications have been developed in the business sector to:
- provide full-time learners the opportunity to enter employment in the business sector or to progress on to other higher vocational qualifications in Business
- provide learners with the opportunity to develop a range of skills and techniques, personal skills and attributes essential for successful performance in working life.
The four core units in the Subsidiary Diploma give learners an introduction to and understanding of the business environment, management of resources, marketing and communication – all fundamental to the success of business organisations.
It doesn’t matter where you are coming from, all that matters is where you are going Brian Tracy
Extra Curricular Activities
The Business Studies Department aims to offer a variety of extra-curricular activities. You can follow the Business Studies Department on Twitter for updates on all events, clubs and competitions.
Pupils in Year 12 are encouraged to participate in the Young Enterprise Scheme. The scheme encourages pupils to set up and run their own companies over the course of one academic year. They elect a Board of Directors from amongst their peers, raise share capital and market and finance a product or service of their own choice. The pupils gain a range of skills from this scheme.
Innovation distinguishes between a leader and a follower. Steve Jobs