Key Stage 4
What will students learn?
It is unlikely that students will have studied business before taking this course, but they might have an interest in business, and may want to start their own business one day. Students may have an enquiring mind and be interested in learning about the world around them, how businesses are set up, and what it is that makes someone a great entrepreneur.
In Year 10 students study the first unit of the course and are likely to study many new topics. They will be introduced to the world of small businesses and will look at what makes someone a successful business person. They will find out how to develop an idea and spot an opportunity and turn that into a successful business. Students will understand how to make a business effective and manage money. They will also see how the world around us affects small businesses and all the people involved.
Year 10 work is based around these business concepts:
- Enterprise and entrepreneurship
- Spotting a business opportunity
- Putting a business idea into practice
- Making the business effective
- Understanding external influences on business
In Year 11 we will gradually study how businesses grow, the key functions or departments in a business, then look into the influences from the world that surrounds them.
- Growing the business
- Making marketing decisions
- Making operational decisions
- Making financial decisions
- Making human resource decision
How will students be taught?
This course is active, enjoyable and challenging. Students need to be good at communicating and explaining their ideas, and not afraid of learning new things and working with numbers to solve business problems. Students will learn how to be a creative thinker and how to make decisions. They will also learn about the world of business through research and investigation, as well as through practical tasks. We use a mixture of whole class, group work and individual based approaches to the subject, including use of ICT and video. Good GCSE Business students will also keep themselves up to date with business news and current topical events.
How will students be assessed?
- Two exam papers, that each last 90 minutes; each worth 50% of the GCSE.
- One exam on the knowledge studied in Year 10, and the other on the knowledge covered in Year 11.
- There is a mixture of multiple-choice questions, calculations, and longer written answers in both exams.
Examination board & course type
Edexcel – GCSE
What can studying this subject lead to?
Business is a successful and popular GCSE subject and leads naturally to A level in either Business Studies or Economics. At A level, the subjects are chosen by a large number of students and particularly those who are considering professional careers in occupations such as accountancy, banking, insurance, hotel & catering, tourism, retailing and general management.
A subject specific guide featuring key content, recommended resources and the specifications we cover in that particular subject can be downloaded below:
Teacher to contact for further information
Mrs N Daglish