Business Studies & Financial Studies
Business Studies and Financial Studies are offered at Key Stages 4 and 5. The department has tripled in size over the last five years and now offers a wide range of courses to meet students’ needs. The department's success is demonstrated by the improved grades each year.
At both KS4 and KS5 we offer academic and vocational courses. At KS4 we offer OCR’s Cambridge Nationals in Enterprise and Marketing, Business Studies at GCSE and the Level 2 LIBF certificate in Finance which begin in Year 9. At KS5 we offer AQA’s Applied General Qualification in Business Studies. The London Institute of Banking and Finance Certificate in Financial Studies in year 12 leads to the Diploma in year 13; all of our level 3 qualifiations attract UCAS points and are recognised by universities as well as employers.
Within all courses we have a high success rate which is a result of high quality teaching, a commitment to marking drafts of coursework and having access to a wide range of resources with many ICT facilities available. The department is made up from three members of staff who are all passionate about the delivery of the subject which helps to facilitate a high level of progress. The Business Studies team also offers a range of support classes. Our aim is to promote independent learners who have a passion for the world of ‘business’ in a range of disciplines. Many of our A Level students go on to study business related degrees at University.
Topics covered within both the academic and vocational courses are similar; business ownership, business aims and objectives, stakeholders, location factors, finance, people, processes and context, motivation, marketing, communication, and customer service
Vocational - Cambridge Nationals Units
Unit 1: Enterprise and marketing concepts
Unit 2: Design a business proposal
Unit 3: Market and pitch a business proposal
Academic - GCSE Units (Edexcel) Year 9 and 10
Unit 1: Investigating small business
Unit 2: Building a business
Academic - GCSE Units (Edexcel Applied) Year 11
Unit 1: Investigating how businesses work (coursework 60%)
Unit 2: Financial records (exam 40%)
Vocational - Level 2 Certificate in Financial Education
Unit 1: Finance, the individual and society
Unit 2: Practices in managing money
Unit 3: Financial capability, work and enterprise
Academic – AQA Applied General in Business Level 3 Extended Certificate
Unit 1: Financial planning and analysis
Unit 2: Business dynamics
Unit 3: Entrepreneurial opportunities
Unit 4: Managing and leading people
Unit 5: Developing a business proposal
Unit 7: Managing an event
LIBF Certificate (AS)
Unit 1: Financial Capability for the immediate and short term
Unit 2: Financial Capability for the medium and long term
LIBF Diploma (A2)
Unit 1: Sustainability of an individual’s finances
Unit 2: Sustainability of the Financial Services system
Why choose the subject?
• Understand the wider economy
• Identify how to carryout market research
• Investigate why some businesses are a success and why others are not
• Analyse the effectiveness of marketing campaigns
• Establish how to seek sources of finance
• Identify the importance of location factors
• Understand the importance of international business
• Learn and develop your entrepreneurial skills
• Have fun whilst developing an understanding of the importance of business within our economy
Q. What qualifications are on offer?
A. At both KS4 and KS5 we offer vocational and academic qualifications. Academic are examined whereas vocational are predominantly coursework-based
Q. Will there be any trips or work related learning?
A. Trips are arranged to reinforce learning.
- Year 9 participate in the National Enterprise Challenge
- KS5 visit McDonalds to facilitate their coursework
- KS4 use local businesses to support enterprise activities and coursework
Who will teach me?
Mr Manchester, Miss Allum, Ms Gillespie or Ms Mathieson