Business Studies & Economics
Head of Business Studies and Economics: Mrs Hajamaideen
Teachers: Mrs Dabb
KS5 Business Studies
The course is divided into 4 key themes, in Year 1 students’ will study:
Theme 1: Marketing and People and Theme 2: Managing Business Activities
In the second year of the course students will study:
Theme 3: Business Decisions and Strategy and Theme 4: Global Business.
The course demonstrates the interrelated nature of business using business models, theories and techniques to support analysis of contemporary business issues and situations to provide a dynamic specification. The content is designed to engage students through topics and issues that are relevant in today’s society – they will study key contemporary developments such as digital technology and business ethics, and globalisation is covered throughout the topics.
Students will develop the knowledge and skills needed to analyse data, think critically about issues and make informed decisions; all skills that are needed for further study and employment.
Over the course students will develop as businessmen and businesswomen, able to mimic the process of launching and establishing a new business. Later, they will learn about the theory and process of strategically operating large business organisations.
The subject leads to a wide variety of careers, such as accountancy, marketing, management, insurance underwriting, sales, banking, advertising, human resources and many more.
At degree level, it can be studied as a single honours degree and a joint honours degree often with subjects such as Law, Economics, Maths, Accountancy or a Language. Degree courses can also specialise in a particular area of Business such as Marketing and Accountancy or can have a specialism as part of a minor degree scheme e.g. Business studies with Marketing. It is also common for Business degree courses to have a year placement in industry which is not only financially beneficial during the year but also highly beneficial for post graduate career progression
Key Stage Four
The Business course leads to one GCSE grade.
Students can expect to learn in a variety of different formats with an emphasis on projects to exemplify real life application of content, theoretical consolidation of learning and development of exam technique to ensure preparation for the demanding nature of the examinations. Students will be expected to fully participate in lessons through class discussion, leading presentations and developing points of view to form chains of reasoning.
Students will study Business in a variety of contexts that include small start-up, charities, to large multinational corporations.
In Year 9 students will start by exploring the world of small businesses through the lens of an entrepreneur. How and why do business ideas come about? What makes a successful business? Students will learn how to develop an idea, spot an opportunity and turn it into a successful business. Students will understand how to make a business effective, manage money and see how the world around us affects small businesses and all the people involved. In Year 10 students will move on to investigating business growth. How does a business develop beyond the start-up phase? The focus will be upon learning about key business concepts and issues and decisions required when growing a business and working in a global business. Specific topics include meeting customer needs, marketing, operational, financial and human resourcing decisions and how the wider world impacts the business as it grows.
Students are assessed on their ability to demonstrate a knowledge and understanding of the specified subject content; apply knowledge and understanding using appropriate terms, concepts, theories and methods effectively to address problems and issues; select, organise, interpret and use information from various sources to analyse problems and issues; evaluate evidence, make reasoned judgements and present conclusions accurately and appropriately using a mixture of both quantitative and qualitative data.