Business Studies is an exciting and challenging subject which will introduce pupils to the dynamic world of business. It covers a broad range of topics that are designed to provide pupils with the knowledge and understanding that underpins the world of modern business, as well as developing transferable skills they will use later in life.
Business Studies both inspires and challenges pupils through engagement with a wide range of successful businesses and entrepreneurs. This course offers pupils a unique opportunity to discover the key principles behind starting up and running a business. In addition, pupils will explore the ever-changing external environments businesses are operating in.
GCSE Business Studies will enable pupils to:
- Investigate and analyse real business opportunities and issues to develop depth and breadth of understanding.
- Develop as effective independent, critical and reflective thinkers with enquiring minds.
- Apply knowledge and understanding to contemporary business issues and to different types and sizes of businesses in local, national and global contexts.
- Develop as enterprising individuals with the ability to think commercially and creatively to demonstrate business acumen, draw on evidence to make informed business decisions and solve business problems.
Pupils opting for GCSE Business will study the Edexcel 9-1 Specification. The course develops a detailed analysis of the different functions within Business, and is organised into two external examined themes:
Theme 1: Investigating Small Business
Theme 2: Building a Business Specification:
Key Stage 4
Students will be assessed formally via the school’s assessment windows. Assessments are always exam–style questions and marked using the exam board criteria.
Teacher assessments will take place throughout the year
Business activities go on in just about every employment sector you can think of. This includes the following: financial services, manufacturing and retail, but also in areas you may not immediately think of, such as local and national government, water and energy suppliers, healthcare and charities. People with business skills and knowledge are needed to make sure organisations run smoothly, efficiently and, for private companies, profitably. Good business skills can make the difference between success and failure.
To work in the business world, you need:
- good communication skills and, for some jobs, the ability to negotiate
- teamworking skills
- ICT skills and some ability with figures
- a thorough and accurate approach to work.
Examples of specific business-related opportunities include:
- Marketing and advertising
- Finance and accounting
- Human resources