Business Studies

Curriculum Leader: Miss E Francis

Do you ever wonder what is required to set up your own business? What product or service to provide? How much to charge the customers? What additional finance would be appropriate? How to calculate your profit or loss? Well, signing up to take Business can provide the answers to these questions and many more.

Since September 2014, we have offered Business Studies as an option. We study the Business Studies GCSE. It is assessed by AQA and is graded 9 to 1. You have 6 units to study over the 3 years. Unit details are given below. You will have to sit two exams in Year 11 (worth 50% each). Both are written based exams and last for 1hr 45mins each. Each exam has 3 sections – section A involves answering multiple choice questions; for sections B and C students will be given a case study and some data that they need to analyse and answer questions on.

Units:
  1. Business in the real world
  2. Influences on business
  3. Business operations
  4. Human resources
  5. Marketing
  6. Finance

Course suitability: What do you need to know before you opt for this course?

You need to be excited about exploring real business issues and discovering how businesses work. You will need to have an analytical, evaluative and investigative mind.

Progression: What careers can choosing Business lead to?

After year 11:

Provides progression for those wishing to continue their studies to GCE A Level giving you a firm foundation of business knowledge and understanding; business studies also has some crossover with other subjects like accountancy and economics, which looks at how businesses relate to society and the wider world.

Where can it lead?

Many business studies students go into management and administration jobs in commercial businesses, and a business studies qualification can also be helpful to get into finance, banking or insurance.  But skills in management and marketing are also required in other areas such as charity, social work and local government, while knowledge of business is also important for consultancy, certain teaching jobs and for financial journalists.

Saint George’s offers two Business-related tracks for students to choose at Sixth Form.

For students wanting to know what business is, the importance of managers, leadership and decision making as well as how to improve marketing, operational, financial and human resource performance, and how to analyse strategic direction and manage change, we offer AQA’s A Level in Business.

The course is broken down into ten topics of study over the two years. At AS level students study topics 1-6 and 7-10 at A2. There are 3 exams at the end of Year 13; all are externally assessed.

Link: http://www.aqa.org.uk/subjects/business-subjects/as-and-a-level/business-7131-7132

 

For students interested in actually working in the Business and Finance sector, we offer the IFS Level 3 Certificate in Financial Studies in year 12. Students are encouraged to become responsible borrowers, sensible savers, and have an appreciation of the need for financial planning throughout their life. It is equivalent to half an A Level. The course has two units – they are both externally assessed. It offers a maximum 70 UCAS points which can contribute to your university entry.

The skills and knowledge developed in the Certificate can be extended by taking two further units to form the Level 3 Diploma in Financial Studies in year 13.

Link: http://www.libf.ac.uk/study/financial-capability/qualifications/cefs—certificate-in-financial-studies

Information Sheets on both courses are available at the Sixth Form Info. Eve.