Business and Economics
Welcome to our Business and Economics Department
Who We Are
Mr C Johnson - Curriculum Leader
Mrs C Bennett
Key Stage 4 - GCSE Business
Examination Board: Edexcel
Business Studies is a modern subject where students investigate how companies can be successful and how they can be managed effectively.
The subject is delivered in well-equipped ICT suites, allowing students to make use of the internet as a research tool. We use modern ICT equipment including iPads and other tablets. Lessons are constantly updated based on changes in the economic and political landscape.
This course would be appropriate for motivated students who are interested in understanding about the world around them.
Enterprise and entrepreneurship
Spotting a business opportunity
Putting a business idea into practice
Making the business effective
Understanding external influences on business
Growing the business
Making marketing decisions
Making operational decisions
Making financial decisions
Making human resource decisions
Assessment: 2017 Specification has 2 examination assessments that consist of multiple choice, short answer and essay style questions.
Progression: A good preparation for A level Economics and A level Business, which can be taken in Year 12. Economics and Business qualifications are well regarded by universities and employers.
Key Stage 4 - Cambridge National in Enterprise and Marketing
Examination board: OCR
This is a vocationally-related qualification that takes an engaging, practical and inspiring approach to learning and assessment. The Cambridge Nationals in Business and Enterprise provides students with a broad foundation of knowledge required for further study in business including the different types of business, career planning (including recruitment) and the role of enterprise in business
All learners will study three mandatory topics as follows:
· Enterprise and marketing concepts
· Design a business proposal
· Market and pitch a business proposal
The first topic underpins the wider learning in this qualification. Learners will develop essential knowledge and understanding of enterprise and marketing concepts, which can be applied to the other units within the qualification. Through the first topic learners will understand the main activities that will need to happen to support a start-up business, and what the key factors are to consider when starting up a business.
In the second topic, learners will develop the skills to design a business proposal to meet a specific business challenge. They will identify a customer profile for a specific product, complete market research to generate product design ideas, and use financial calculations to propose a pricing strategy and determine the viability of their product proposal. The knowledge and skills developed by completing this unit will assist learners in the third topic of this qualification.
In the third topic, learners will develop the skills to create a brand identity and promotional plan for their specific business product proposal developed in the second topic. They will develop pitching skills in order to pitch their business proposal to an external audience. Finally, they will review their pitching skills and business proposal using their learning, self-assessment and feedback gathered. The knowledge and skills developed by completing this topic
Assessment: Topic 1 – Externally assessed exam. Topic 2 and 3 – Internally assessed courswork.
Examination Board: Edexcel
The Business A-Level course has four ‘themes’ that look into many areas of Business, from sources of finance for new businesses, to the ethical questions faced by the largest of organisations.
Theme 1: Marketing and people
Theme 2: Managing business activities
Theme 3: Business decisions and strategy
Theme 4: Global business
Assessment: 3 examinations in Year 2 consisting of explanation and essay questions.
Progression: A good preparation for many Business courses at university as well good awareness of how organisations work for those going into work or apprenticeships.
Qualification Level: Cambridge Technical Extended Diploma in Business
Qualification Duration: 2 Years
Exam Board: OCR
This qualification is for learners 16 years old or over who want to study business. It is equivalent to 3 A-Levels. This qualification will provide learners with the skills, knowledge and understanding to progress into Higher Education on a business-related programme such as Business, Business Management, Marketing, Business and Finance, Business and Economics and Accounting. It will also allow learners to choose non-business related degree programmes
Learners will also develop transferable skills that are valued by HE and employers such as communication, planning, teamwork, research and analysis.