• Business 1
  • Business 2

Business Studies

Head of Department: Mr S Grimes

Overview

The department is housed in a dedicated Business Centre which is furnished and decorated to business standards. Each classroom is fully equipped with computers, flat-screen monitors, an interactive whiteboard and ceiling-mounted ICT projector; the department also has a set of laptops.

The department offers a wide range of courses at Key Stages 3, 4 and 5, offering students continuity and progression.  The three teachers in the department have a good mix of teaching and industry experience.

The department offers the following courses:

Year 7 Business Maths

Year 9 Business and Enterprise

GCSE Business Studies

BTEC Level 2 Business

GCE A level Economics

GCE A level Business

BTEC Advanced Subsidiary Diploma Business (Year 13 only)

BTEC National Extended Certificate Business (new for 2016)

BTEC Advanced Subsidiary Diploma Travel and Tourism (Year 13 only)

Curriculum Enrichment

The Business Studies Department is proud of its curriculum enrichment programme. The curriculum is enhanced by visits to businesses, competitions and visiting speakers. These include:

  • Coca Cola – The operation of a manufacturing and distribution plant.
  • Calloway Golf – Product Innovation and Production
  • House of Fraser – Customer Service and Retail Merchandising
  • The Bank of England – Interest Rates and the Economy
  • Thorpe Park – Marketing of a Tourist Attraction
  • Chelsea Football Club – The Business of Football

Each year the department offers students the opportunity to take part in a 5-day educational visit to New York, where they can soak up the cultural side of life in the Big Apple and receive business presentations from key personnel from Macy’s, Madison Square Gardens, Madame Tussaud’s, the Federal Reserve Bank and JoMart Chocolates, an independent “Candymaker” in Brooklyn.

The department enters into several regional and national competitions. A level Business students take part in the Marketing Challenge at County Hall in Kingston organised by Surrey SATRO and Surrey County Council. GCSE and A level students take part in the IFS Student Investor Challenge. In 2015 we entered sixteen teams in to this competition and three teams made it through to the regional finals. Year 12 Economics students take part in the Bank of England Target 2.0 Interest Rate competition.

We have links with the Speakers for Schools organisation, who provide visiting speakers covering a range of topics in a range of subjects.

The department is involved in the Sixth Form Wednesday afternoon enrichment programme. Year 12 students set up and run a mini-company either selling products or running events. Year 12 students also act as Business Advisors to local primary school students during the Card Shark days in the summer term.

Year 7 Business Maths

Year 7 students have one lesson a fortnight of Business Maths. During this lesson students apply their skills to business situations. As the year progresses students research and develop a business plan for a new café in Warlingham.

Year 9 Lessons in Financial Education

Year 9 students not taking a modern foreign language have one lesson a fortnight of Lessons in Financial Education (LiFE). LiFE is an e-learning programme which allows students to experience financial education in order to gain a good understanding of money and finance. They learn what money is, where it comes from and the features of money. They also find out how to read a payslip and what deductions are.

Managing money involves storing it safely, spending carefully, saving and borrowing, and students learn about the options and choices needed when budgeting and planning finances. Students also find out about the importance of insurance, get some tips on avoiding fraud and scams and find out where to go for financial advice.

 

GCSE and BTEC Course

GCSE Business Studies
GCSE Business Studies is a challenging and engaging subject that gives students the opportunity to develop a greater understanding of the world in which they live. The students learn how to apply business concepts and theories to specific businesses in a real-world context. Over the two years students complete two units and a piece of coursework under controlled conditions.

Unit 1 Introduction to Small Business:

  • Spotting a Business Opportunity
  • Showing Enterprise
  • Putting a Business Idea into Practice
  • Making the Start-up Effective
  • Understanding the Economic Context 

In Unit 3 Building a Business

  • Marketing
  • Meeting Customer Needs
  • Effective Financial Management
  • Effective People Management
  • The Wider World Affecting Business

The relative value of each of the units is as follows: Unit 1 25%, Unit 3 50% and Unit 2 (coursework) 25%.

BTEC Business
The department offers an alternative level 2 qualification, which is assessed through a mix of coursework and examination. This course, known as BTEC Business, is equivalent to one GCSE at grades A* - C.

Students complete units including:

  • Enterprise in the Business World (coursework)
  • Finance for Business (examination)
  • Principles of Marketing (examination)
  • Principles of Customer Service (coursework)

The students investigate real businesses, producing assessments covering a range of styles including business reports, business presentations, guidebooks, leaflets and role playing exercises.   

Useful Websites for Key Stage 4

http://www.bbc.co.uk/schools/gcsebitesize/business/

http://www.businessstudiesonline.co.uk/

http://www.tutor2u.net/

http://www.s-cool.co.uk

http://www.bized.co.uk/learn/business/index.htm

Students should also utilise the CORPORATE websites of local, national and international businesses, where they will often find information relating to the businesses aims and objective, business strategy, and finances.

Exam Boards Used

GCSE Business Studies - Edexcel

BTEC Business - Edexcel

 

AS/A Level Course(s) Overview

Business Related Courses at Key Stage 5
The Business Studies Department offers a range of courses to suit students with a range of skills and areas of interest. At Advanced level the department offers GCE in Applied Business, GCE in Economics and Business, GCE in Law and BTEC National in Business.

Lessons will take place in the Business Centre, which is fully equipped with interactive whiteboards, computers, printers and projection equipment. Teachers will normally be available most days until 5pm to help with the completion of coursework, with preparation for examinations or for general advice and guidance.

GCE in Economics

Economics is about choice and the impact of our choices on each other. It relates to every aspect of our lives, from the decisions we make as individuals or families to the structures created by governments and firms.

The A Level is structured into four coherent themes to support teaching and learning:

• Theme 1 introduces students to markets and market failure.

• Theme 2 introduces students to the UK economy, focusing on performance and policies.

• Theme 3 explores business behaviour and the labour market.

• Theme 4 considers a global perspective.

Through their studies students will be encouraged to think like economists. This will involve identifying the problem; analysing it organising, absorbing, building, analysing and evaluating both qualitative and quantitative data; criticising the data by looking at its real-life context; and finally suggesting solutions for the problem, realising the limits as well as its productivity.

Assessment Format

The AS is assessed by two externally-marked, written papers. Each paper comprises 80 marks and is 1.5 hours in duration. Questions range from short answer (including multiple-choice), data response and extended open response.

The A Level is assessed by three externally-marked, written papers. Each paper comprises 100 marks and is two hours in duration. Questions range from short answer (including multiple-choice), data response and extended open response.

Students with AS or Advanced GCE Economics have access to a wide range of possible careers and higher education opportunities. Students will learn and use a variety of transferable skills throughout the course, including analysing and evaluating business and economic information from different sources, developing written communication skills and learning how to solve problems. Such skills are in great demand and are recognised by employers, universities and colleges as being of great value. This subject combines well with a range of social science and humanities subjects to lead to higher education courses in areas such as law, business, accounting, geography or politics.

GCE Business

In A level Business students get introduced to key business areas: marketing, operations, finance and human resource management. There is a special focus on students becoming good decision makers and students learn the techniques that help them become analytical problem solvers. These skills are highly sought after and valued in a wide range of careers.

Year 12 Topics:

1. What is business?

2. Managers, leaders and decision making?

3. Decision making to improve marketing performance

4. Decision making to improve operational performance

5. Decision making to improve financial performance

6. Decision making to improve human resource performance

Year 13 Topics:

7. Analysing the strategic position of a business

8. Choosing the strategic direction

9. Strategic methods: how to pursue strategies

10. Managing strategic change

Assessment format:

The AS has two 90 minute written exams, both worth 50% of the AS qualification. The A level has three two hour written exams and is taken at the end of year 13. Each exam is worth a third of the A level qualification. All three papers draw on material from the whole course, and feature a range of question styles including multiple choice questions, short answer questions, essay questions, data response questions and case studies.

BTEC National Extended Certificate in Business

The BTEC National is a practical, work-related course that is equivalent to one A level. Students learn by completing projects and assignments that are based on realistic workplace situations and activities. Employers and higher education establishments (universities and colleges) value BTEC National Awards.

To take this course students will normally need to have at least five GCSEs at grades A*-C (or four and a level 2 BTEC at merit or distinction grade).

The students complete four units of study, including:

1. Exploring Business

2. Developing a Marketing Campaign

3. Personal and Business Finance

4. Recruitment and Selection Process

Assessment Format

The BTEC is assessed through assignment (set and marked internally), through a controlled assessment task (set and marked by the examination board) and through a written examination (set and marked by the examination board).

With a BTEC National Extended Certificate, students can work in a range of different industries and occupations. Alternatively, students can go to university or college and take a degree in a business-related subject.

Exam Boards Used

GCSE – Pearson (Edexcel)

BTEC Level 2 – Pearson (Edexcel)

A level Economics – Pearson (Edexcel)

A level Business – AQA

BTEC Business – Pearson (Edexcel)

(August 2016)