Trinity High School

Business Studies

Staff and responsibility

Mrs K Fisher
Head of Department
Lead Practitioner

Mrs F Horton
Assistant Head
Teacher of Business Studies

Mr M Kabir
Teacher of Accountancy

Business Studies

Business Studies is a popular choice at KS4 and the sixth form.  Business Studies gives students at Trinity High School the opportunity to study a subject that will be extremely relevant to their lives when they leave school whether working for a business or in becoming an entrepreneur, as business studies lessons will introduce and help students to develop a range life skills. Where possible regular visits are made to local and national businesses, with guest speakers also coming into school to enhance pupils learning. All students learn through a variety of teaching strategies that stretches their business knowledge. This is then applied in a variety of challenging case studies and practical simulations.

Key Stage 4 - GCSE Business Studies

Exam Board

AQA
Unit 1 – Setting up a Business (1 hour exam worth 40%)
Unit 2 – Growing as a Business (1 hour exam worth 35%)
Unit 3 – Investigating Business (controlled assignment worth 25%)

Course Content

At KS4 students study GCSE Business Studies. During the two year course students will study three separate units which are all assessed in two exams at the end of year 11 and a controlled assignment which is based on a small local business.

Topics:

  • Starting a business
  • Growing as a business
  • Marketing, Operations
  • People and Finance.

The course equips all students with a solid grounding in Business Studies as well as supporting the development of a number of enterprising skills such as communication, teamwork and problem solving.

Useful Subject & Revision websites

www.businessstudiesonline.co.uk
www.gcsebitesize.co.uk
www.tutor2u.co.uk
www.aqa.co.uk
AQA revision guide which can be purchased from school for £2.75

Key Stage 5

Accountancy
Business Studies

Exam Board
AQA (all courses)

You do not need to have studied Business Studies at GCSE level in order to take an AS or Advanced GCE in this subject. However you must have at least 5 A* to C grades at GCSE, with C or above in English and Maths. It is important that you have a strong interest in Business Studies and want to learn how a business is organised, operates, plans and makes decisions. The qualification is designed to assess the skills of knowledge, application, analysis and evaluation.

Business Studies gives students at Trinity High School the opportunity to study a subject that will be extremely relevant to their lives when they leave school whether working for a business or in becoming an entrepreneur, as business studies lessons will introduce and help students to develop a range life skills. Where possible regular visits are made to local and national businesses, with guest speakers also coming into school to enhance pupils learning. All students learn through a variety of teaching strategies that stretches their business knowledge. This is then applied in a variety of challenging case studies and practical simulations.

A-Level Business Studies

Course Content

The exam board used for Business Studies is AQA - AS (7131)A-level (7132)

Students of this course should study business in a variety of contexts (e.g. large/small, UK focused/global, service/manufacturing) and consider:

  • the importance of the context of business in relation to decision making
  • the interrelated nature of business activities and how they affect competitiveness
  • the competitive environment and the markets in which businesses operate
  • the influences on functional decisions and plans including ethical and environmental issues
  • the factors that might determine whether a decision is successful
  • how technology is changing the way decisions are made and how businesses operate and compete
  • the impact on stakeholders of functional decisions and their response to such decisions
  • use of non-quantitative and quantitative data in decision making (including the interpretation of index  numbers and calculations such as ratios and percentages).

Strategic decision making (A-level only)

The study of strategic decision making should build on the study of decision making in the functional areas. Students should consider:

  • the impact of technology on strategic decision making
  • the influences of Corporate Social Responsibility, ethical and environmental issues on strategic decisions
  • the difficulties in forecasting future trends
  • the importance of assessing feasibility  and risk when making strategic decisions
  • the impact on stakeholders of strategic decisions and their response to such decisions.

The topics lend themselves to studying and engaging with the business world. The specification and assessment should encourage students to follow business developments and think critically about contemporary business issues. Most of the assessment material is based on real business situations. By examining and thinking critically about real business situations as they study the subject, students will gain an insight into different contexts which will help them to understand the key issues in any situation and compare and contrast this with other situations and apply their understanding.

AS level

Paper 1: Written exam: 1 hour 30 minutes, 80 marks in total 50% of AS

Three compulsory sections:

  • Section A has 10 multiple choice questions (MCQs) worth 10 marks
  • Section B has short answer questions worth approximately 20 marks
  • Section C has two data response stimuli with questions worth approximately 25 marks.

Paper 2: Written exam: 1 hour 30 minutes, 80 marks in total, 50% of AS

One compulsory case study consisting of approximately seven questions.

A2 level

Paper 1: Assessed via a written exam: 2 hours, 100 marks in total, 33.3% of A-level

Three compulsory sections:

  • Section A has 15 multiple choice questions (MCQs) worth 15 marks.
  • Section B has short answer questions worth 35 marks.
  • Sections C and D have two essay questions (choice of one from two and one from two) worth 25 marks each

Paper 2: Assessed via written exam: 2 hours, 100 marks in total, 33.3% of A-level

Three data response compulsory questions worth approximately 33 marks each and made up of three or four part questions.

Paper 3: Assessed via written exam: 2 hours, 100 marks in total, 33.3% of A-level

One compulsory case study followed by approximately six questions.

Career and Higher Education Routes

Business Studies is such a varied, well-respected and interesting subject that a wide range of employment opportunities and degree courses are open to students on completing the course.  It combines well with a range of other subjects including social sciences, humanities, mathematics and ICT. Students will have access to a wide range of career and higher education opportunities in areas such as management, accountancy, banking, human resources, marketing and sales. If you are interested in the business world and you enjoyed your GCSE in Business Studies, or you want to keep your options open before making a career or degree choice, then this is the course for you!

Accountancy

AS
Unit 1 – ACCN1 Introduction to Financial Accounting
50% of AS, 25% of A Level Four compulsory questions – each carrying a variable number of marks, each with a variable number of sub-questions.
Unit 2 – ACCN2 Financial and Management Accounting
50% of AS, 25% of A Level
Four compulsory questions – each carrying a variable number of marks, each
with a variable number of sub-questions.

A2
Unit 3 – ACCN3  Further Aspects of Financial Accounting
Four compulsory questions – each carrying a variable number of marks, each
with a variable number of sub-questions. This unit is synoptic.
Unit 4 -Unit 4 – ACCN4 Further Aspects of Management Accounting
Four compulsory questions – each carrying a variable number of marks, each with a variable number of sub-questions. This unit is synoptic.
Some topics featured are  - Purposes of accounting, Accounting records, Income Statements, Ratio analysis, Introduction to budgeting.

Useful Subject & Revision websites

www.tutor2u.co.uk
www.aqa.co.uk

Exam Success

This years As results were 2014 86% A - C

This year’s A2 Applied results were 2014 84% A* - C

Contribution to SMSC

In Business Studies students are expected to develop their social, moral, social and cultural beliefs across all areas of learning. Students are also encourage to take part in school trips and to explore business studies on a real life context and continuously are encouraged to develop their evaluative and debating skills when preparing for their exams and completing their controlled assignment.

Spiritual education in Business encourages students to explore consumer and employee legislation focusing on the impact these have on how businesses operate and also to debate the actions taken by to address their corporate social responsibilities. Students taking Business Studies also investigate ethical issues within business such as fair trade and use of scare resources in production.

Moral education in Business requires students to make judgements and form opinions based on evidence they select from the use of case study material. In particular students focus on exploring ethical and environmental issues and how businesses manage expectations of stakeholders when dealing with these issues.

Social education in Business encourages students to further develop their skills for success, they do this through working together collaboratively in problem solving activities, conducting research and developing skills of leadership and debating.

Cultural education in Business focuses on encouraging students to explore local businesses on visits such as Jaguar and Cadbury’s. Students also investigating in the 6th form emerging markets and how different cultures operate in the business world.

Contribution to Wider Curriculum

Previous visits to Cadburys, Jaguar, Entrepreneur Live.

Extra-curricular

Sixth form students and G&T students in KS4 can take part in the Student Investor Challenge where they have the opportunity to trade vertical stocks and shares in competition with other schools, as great way for students to develop their financial awareness in a real life context. Last year one of our sixth form teams made it to the semi finals.

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