Key Stage 4

Year 10 & 11:

GCSE Examination board – EDUQAS
Specification code – 603/0305/0

EDUQAS Business Studies gives a solid base to the understanding of the subject. All aspects of business are covered from the basics via marketing to basic accounting practices. As a GCSE course the focus is on the theory of business rather than the practical aspects.

Content

1. Business activity – the basics of business including why people start businesses
2. Influences on business – an indepth look at business stakeholders and how they influence firms
3. Business operations – managing production, quality, logistics and the sales process
4. Finance – sources of finance for start-ups and operations, cash-flow, income statements and profitability
5. Marketing – identifying and meeting customer needs, market research and the marketing mix
6. Human resources – getting the right staff, training, motivation and management of staff

Assessment

Business dynamics (62.5%) – 2 hour examination covering all of the content, a mix of short answer and
structured responses

Business considerations (37.5%)
– 1hr 30min examination, an in-depth data response paper involving detailed case
studies

The course will suit students who are looking for a challenging business course with straightforward progression to our successful EDUQAS AS/A2 course or to a L3 course at college. Many students who have taken GCSE Business Studies have gone on to study Economics, Finance, Accountancy or related Business courses at university.

To be successful on this course students must not be worried by numbers, should be able to use a calculator and should have very good literacy skills; an interest in the “what is going on?” and the “why does this happen?” of the business world and the wider economy is also very valuable.

Key Stage 5

Year 12 & 13: (Sixth Form)

EXAMINATION BOARD
Eduqas

WHAT IS SPECIAL ABOUT THIS SUBJECT?
We all have dealings with business organizations. As a customer you purchase goods and services, as a consumer you use these same goods and services. You will work for many businesses throughout your working life. Some of you might dream of setting up your own business and then making millions but throughout you are affected by interest rates, tax rates and inflation. Business is all around us all of the time and this course aims to give a taste and an insight into the modern world of business.

ENTRY REQUIREMENTS
Grade 5 or higher in GCSE Business OR grade 6 or higher in Mathematics. Students without these grades will be considered at the discretion of the department.

YOU WILL STUDY
Year 12
Unit 1– Business Opportunities and Functions
• Enterprise
• Markets & Marketing
• Business Structure
• Business Finance
• Human Resources

Year 13
Unit 2 – Business Analysis & Strategy
• Market Analysis
• Financial Accountancy
• Measures of Financial and Non-Financial Performance
• Investment Appraisal
• Decision Making

Unit 3 – Business in a Changing World
• Change and Risk
• PEST & SWOT Analysis
• International Trade
• The EU
• Globalisation

YOU WILL LEARN TO
• Look at businesses and identify what type of business it is, how it operates and what affects the way in which it operates.
• Identify the key factors that affect a business especially product marketing, business finance and staffing.
• Plan and implement a strategy for business success.
• Identify and analyze and apply the factors that drive business success both at a SME (small and medium sized enterprises) scale and globally, by investigating the legal framework, finance, accounting, marketing and operations that are used by modern businesses.

ASSESSMENT
There are three exams, taken at the end of Year 13
• Paper 1: Business Opportunities and Functions: 2 hours 15 minutes, 33.3% of the final grade.
• Paper 2: Business Analysis and Strategy: 2 hours 15 minutes, 33.3% of the final grade.
• Paper 3: Business in a Changing World: 2 hours 15 minutes, 33.3% of the final grade.

There is no course work or controlled assessment.

CAREERS AND UNIVERSITY PATHWAYS
Take it to university and study Business Studies (one of the most popular courses in the country), if you take Mathematics why not take Economics? You can also mix and match these subjects along with Finance, Accountancy, Marketing or HR. Plenty of modern careers are helped by an understanding of how business organizations work.