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business 1

Business Studies

Mr D Wood –  Head of Department.

Mrs J Reid

GCSE BUSINESS STUDIES

Awarding Body AQA

What Will I Study?

Unit 1: Starting a Business – explores all the things you need to do to start a new business including:

Sources of business ideas; planning; aims; legal structure; market research; sources of finance; recruiting and motivating staff; production methods and customer service.

Unit 2 : Growing As a Business – looks at how larger business differ from smaller businesses and includes:

Methods of expansion; limited companies; location; the marketing mix; financial documents; internal organisation; training and motivation methods; lean production and quality issues.

How will I be assessed?

There are 3 assessments:

  • Unit 1 – External exam of 1 hour worth 40%
  • Unit 2 – External exam of 1 hour worth 35%
  • A controlled assessment – set by the exam board, but researched for 8 hours and written up in 3 hours, by students, under supervision of staff in school. Worth 25%

Opportunities

You might have an interest in business from watching TV programmes such as Dragons Den or The Apprentice or have a dream to set up your own business. You may just have an enquiring mind and what it takes to be a great entrepreneur. This course promotes:

  • A wider understanding of the world of work.
  • Key skills – communication through marketing; numeracy through finance.
  • Team work, leadership and problem solving skills.
  • Positive attitudes towards ethical and environmental considerations.

The emphasis is on practical and active methods of learning such as writing and presenting a business plan.

The course is designed as a foundation to:

  • Advanced Business and Economics Courses
  • Business related careers

BTEC Level 2 First Certificate In Business

What will I study?

Compulsory units:

Unit 1: Enterprise in the Business World – will help you understand the main purpose; types of businesses and context in which they operate, from sole traders to public limited companies and voluntary organisations. You will make a plan for a realistic business start up in the Harrogate District.

Unit 2: Finance for Business – will investigate key financial aspects of business including: profit & loss; break even; budgeting; cash flow and balance sheets.

Optional Units:

  • Promoting a Brand
  • Principles of Customer service
  • Sales and personal selling
  • Introducing Retail Business
  • Providing business Support
  • Recruitment, Selection and Employment

How will I be assessed?

75% of the course is continuously assessed through coursework. This will be done through:

  • assignment and project work
  • real life business case studies
  • role play
  • display work
  • oral presentations.

25 % is an exam on Finance

All work will be completed using ICT. Students must reach a minimum level to pass and can then go onto to reach a merit and distinction level, worth a higher grade, which are equivalent of A, B, C grades at GCSE. This suits students who work best within a careful structure and who respond well to feedback. It is worth 1 GCSE.

Opportunities

This course runs alongside GCSE Business and is designed to provide a more specialist work-related qualification. It gives students the knowledge, understanding and skills that they need to prepare for employment. The certificate covers the main areas of business in a practical manner and is more suited to students who find exams difficult.

A Level Applied Business

Exam Board Certificate in Applied Business AQA

How is this course different?

  1. It is a vocational complement to A-levels or Tech-levels.
  2. It is ideal for learners keen to broaden their knowledge of a particular sector.
  3. It has been developed with the support of higher education.

What do I need to be able to do this course?

  • Be interested in the business world around you
  • Be able to construct logical and balanced business reports
  • Have an enquiring, critical and thoughtful mind
  • Be able to work with numbers in terms of making financial calculations; interpreting them and making appropriate decisions as a result
  • Analyse a wide range of business scenarios and make a judgement as to the best course of action
  • Be able to motivate yourself, work alone or in groups and meet deadlines

What will I do on the course?

This qualification provides:

  • a broad understanding of business knowledge and skills to support progress to higher education
  • suitable learning alongside other Level 3 qualifications
  • with the fundamental knowledge and skills recognised as most important by higher education and employers.
  • an opportunity to develop transferrable skills, such as teamwork, research and communication
  • Learn about a wide range of business principles and areas including:
  • the role of finance in planning an enterprise, analysing and making financial decisions
  • how organisations use human, physical and financial resources to achieve goals
  • enterprising behaviour and how it encourages entrepreneurial opportunities.

How is it assessed?

  •  1 internally assessed piece of coursework
  •  1 externally assessed piece of coursework
  •  1 External exam

The qualification is graded Pass; Merit; Distinction; Distinction*

What can I do with this course?

This qualification is aimed at 16-18 learners who are in full-time Level 3 education and who wish to progress to higher education and/or pursue a career in business and/or business-related subjects (eg management, finance, entrepreneurship).

Where can I get further information?

S.Capell@staidans.co.uk – Head of Department for Applied Business