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Business Studies

Business Studies is a dynamic subject which blends a number of specialist fields such as marketing, human resources, accounting and finance and operations management, which together make up a subject which is highly relevant to the modern world. As the subject is so varied it is suitable for a wide range of students and can lead to careers in accountancy, law, finance, retail, management as well as other careers which demand an understanding of the wider world. Business Studies complements other subjects well, particularly humanities, maths, science or the arts.

As Business Studies is so diverse it is critical that students study the theory in context of real businesses and that is why throughout KS4 the curriculum is enriched through the use of guest speakers, visits and business case studies.

At KS4 students study Edexcel GCSE in Applied Business, which is made up two units. Unit 1 is coursework, completed in year 10 and is worth 60% of the final grade. Students investigate two different businesses based upon business themes, such as aims, activities, stakeholders and business legislation. Unit 2 is examined externally and is completed in Year 11. The exam is based upon business finance and students study financial documentation, sources of finance, types of costs and revenues, profit and loss accounts, balance sheets and accounting ratios. This unit is worth 40% of the final grade.

 

Business Studies Term 1 Term 2 Term 3
Year 10 Unit 1 Controlled Assessment

Students will learn about:

Aims and Objectives

Business Activities

Competitors

Ethics

 

Unit 1 Controlled Assessment

Students will learn about:

Organisational structures

Functional Areas

Communication

Unit 1 Controlled Assessment

Students will learn about:

Business Legislation

Marketing

Stakeholders

Year 11 Unit 2 – Financial Records

Students will learn about:

Financial Documents

Methods of Payment

Computerised Accounting Systems

Costs and Revenues

Profit & Loss

Unit 2 – Financial Records

Students will learn about:

Balance Sheets

Ratios

Stakeholders

The role of ICT

Unit 2 – Financial Records

Revision & exam preparation