What is Business Studies?
Business Studies puts an emphasis on the understanding of how businesses communicate and operate in the real world. You will find out how to develop an idea and spot an opportunity, and turn that into a successful business. You will gain an understanding of finances and the legal requirements required for a business to run successfully. Overall you will learn the skills required to start your own business or to start a career in the business/finance industry.
What will I study?
- Theme 1 – Investigating Small Business
Topics include: Enterprise and entrepreneurship, Spotting a business opportunity, Putting a business idea into practice and Understanding external influences on businesses.
- Theme 2 – Building a business
Topics include: Making Marketing, Operational, Financial and Human Resource Decisions.
How will I be assessed?
Students sit 2 written exams at the end of Y11:
- Theme 1 is an exam worth 50% of the overall grade.
- Theme 2 is an exam worth 50% of the overall grade.
There is no Controlled Assessment in the course
What skills will I need?
The Business Studies qualification provides highly motivated and committed students the opportunity to develop an understanding of businesses and Finances. Students will need strong Mathematical and Literacy skills in order to successfully complete the finance and essay style questions in the exam.
What happens in lessons?
Lessons are varied and will include a range of activities over the course, including:
- Computer and Written Activities
- Research tasks
- Student presentations
- Practice exam questions
- Study of Businesses
- End of Unit Assessments
What Homework will I be asked to complete in Business Studies?
Students will be expected to use time outside of lessons in order to revise and recap theory content that has been covered in lessons. Students will be provided with electronic revision resources and tasks, through the use of Google Classroom and Google Drive. Students should use these materials in order to help students revise for Assessments and Exams.
SMSC (Spiritual, Moral, Social, and Cultural)
Business Studies provide students with a range of life skills. One of these skills is the ability to manage and understand finances, which will be a valuable skill for students when they begin to earn money and pay taxes. The course also makes students aware of their legal rights as employees when they begin to work in the industry. Students also learn about the recruitment practices of businesses, giving business students an advantage over other candidates when applying and interviewing for jobs.