Why should I study this subject?
Business Studies is an enjoyable topical subject that is highly regarded by employers and higher education institutions alike. It will help you to understand the role of entrepreneurs, how businesses operate and the opportunities and constraints under which they work. It will be invaluable to you when embarking on any professional career.
What will I study?
In the first year you’ll be looking at topics such as, the reasons businesses exist and the different structures they have, from large PLCs to small sole trader businesses, management, leadership and decision-making within them, how businesses anticipate and meet customer wants and needs through marketing, how they produce the goods and services, Operations management, the importance of finance to a business including costs and profitability, sources of finance, and management of people through their Human Resources function.
In the second year, students are encouraged to think more ‘strategically’ about the business as a whole. The two year course, therefore, additionally covers the following topics:
· Analysing business performance through financial and non-financial information
· SWOT analysis
· The impact of threats in the business environment, and the extent to which different businesses are affected
· Investment appraisal
· Innovation Managing change in a business
· Organisational culture
· Why business strategy fails.
What are the entry requirements?
Please check this subject table for full details of our A Level entry requirements.
What skills do I need?
Previous knowledge of the subject is not required.
A genuine interest in current affairs and business
numerate, with an ability to handle data and information
How will I be taught?
Activities are used to encourage active student involvement in your learning. Lessons will involve discussions, group work challenges, exam practice and the use of video and digital resources.
Students will be increasingly encouraged to work and think independently throughout the course of their studies.
How will I be assessed?
The exam papers contain multiple choice, short answer, data response, essay and case study questions, and real life case studies. The AS level course will be examined at the end of the first year, and A level students sit further exams at the end of the second year.
What will the course prepare me for?
Students will develop the knowledge and skills to analyse data, think critically about issues and make informed decisions- all skills needed for further study and employment.
Business Studies students follow a variety of pathways, into employment, higher education and apprenticeships. You will have a head-start in careers/degree courses in accountancy, banking, retail management, human resources and marketing. You will gain a valuable insight into the business world which will add value to your studies.
How much private study should I expect to do?
As an approximate guideline Year 12 subjects require three to four hours of independent study each; Year 13 subjects four to five hours each.
What materials will I need to purchase?
Pens, a calculator and ruler
What is the exam board?
This subject is for you if…
you have a genuine interest in the world of business and how it operates, and you’re looking for a subject which will give you an opportunity to research business issues.
This subject is not for you if…
you’re not interest in current affairs, and want an easy option.