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Business

GCSE OPTIONS

Business
Outcome: GCSE (grades 9-1)

Exam board specification: OCR

The course specification for Business Studies is changing and will be new for Sept. 2017. Full details are currently unavailable but there will be differences to the course content and to the way students are assessed. Students will be awarded on a 9-1 scale rather than the current A*-G. The outline below is for our current specification and is an indication only.

Could you be the next dragon? If you have the drive, enthusiasm and determination to succeed, we can provide the technical knowledge, skills and encouragement you need! Business is about assessing and taking risks. Dare to be entrepreneurial!

 Is this the right course for you?

  • You are interested in learning about the world of business
  • You have good Literacy and Mathematics skills because Business Studies is an academic subject which requires these. You should have achieved a high level of attainment in English & Maths to have a good chance of getting a 4 at GCSE in Business Studies.
  • You are prepared to work hard and complete regular homework. As this is a new subject to you there will be a lot to learn so be prepared to do some writing but also be able to apply common sense and your own experience!

 What does the course involve?

The course is divided into a number of modules which look at business theory related to case studies.  These cover all aspects of business activity: Marketing, Enterprise, Human Resources, Production, Finance

Progression opportunities

If you are interested in a career in business, then Business Studies would be a good choice.  You can go on to study A-Level Accounting, Business and Economics.

6th FORM OPTIONS

Course Title: Accounting Course 
Course Type: AS/A2
Exam Board: AQA Course
Contact: Mrs V. Lawson

 What will I study?

The Accounting A Level course is designed to introduce students to Financial and Management Accounting.  It teaches the first principles of double-entry book-keeping as the foundation for all accounting processes, building up to the construction of accounts for sole trader, partnership and limited company accounts.  The analysis of financial information is also taught with ratios, budgeting, costing and investment appraisal.  * Students gain broad understanding of the financial structures of businesses as well as how financial information informs business decisions.

Students will improve their numerical and analytical skills by studying Accounting as well as developing the ability to write in appropriate styles for various business audiences.     

Where will this course take me?

This is a rigorous and demanding course, which is taught to industry standards.  It is widely recognised by higher education providers as well as employers. Students from the Accounting A Level course have been successful in gaining places at Russell group universities to study Finance, Management and Accounting at degree level.  The college is regularly approached by firms of Accountants in Leicestershire who are looking to recruit apprentices into the Accounting Profession.  We are proud to say that a large number of our ex-students are now qualified Accountants, enjoying highly successful careers. 

Entry requirements:

Students should have a positive work ethic and be highly organised.  This is a course that moves very quickly, with topics building upon each other. Grade 5 in Maths but must be very confident in working with numbers.  

Course Title: Business 
Course Type: A Level Linear
Exam Board: AQA Course
Contact: Mrs V. Lawson

What will I study?

The study of sole traders, partnerships, limited companies PLCs and other types of business organisation is the concern of Business Studies.  Anybody interested in the news will encounter many issues concerned with business.  The success or failure of privatised industries; the credit crunch; business failures and bankruptcies resulting in job losses all affect our lives and deserve our attention.  The course content will include; management and leadership, decision making, marketing, finance, human resources, business strategy and managing change.

 Where will this course take me?
Business Studies can be combined well with both Arts and Science subjects.  The course will develop your ability to analyse, evaluate and apply theory to business situations.  At University the possibilities of using Business Studies are almost endless.  You may wish to study Business Studies in its own right.  The course will also be useful to those students wishing to take Finance, Marketing, Human Resources Management or related degrees.  Those wishing to study for degrees in other subjects such as History, Geography or Politics will find knowledge of Business helpful.  For employment those students thinking of a commercial or professional career such as Human Resources, Retailing, Marketing and Advertising, Finance or general management will find a grounding in Business invaluable.

Entry requirements:
It is not necessary to have studied the subject previously, but students in this position could initially find the course more challenging.  Grade 5 in Maths and English Language. If taken as a GCSE subject a C grade or above is required.

 

Course Title: Economics
Course Type: A Level Linear
Exam Board: AQA
Course Contact: Mr M. Lacy

 What will I study?
The course is divided into Micro Economics (Individuals, firms, markets and market failure) and Macro Economics (the national and international economy).  The Micro part of the course looks at price determination, (demand and supply), costs and revenues, the allocation of resources, theory of the firm (e.g. perfect competition, monopoly, oligopoly), the labour market, poverty/wealth/inequality, the causes of market failure and how Governments intervene in markets.  In the Macro part of the course students will study how economic performance, (e.g. inflation, unemployment, GDP growth) can be measured, how the economy works, financial markets and monetary policy, Government spending and taxation, and the international economy.  Economics involves developing an understanding of the way the world around us works.  It is a formal written subject with a significant mathematical content.

Where will this course take me?

Economics can be combined well with both Arts and Science subjects.  The course will develop your ability to analyse, evaluate and apply theory to real world situations.  Economics is a highly marketable social science subject.  At University the possibilities of using Economics are almost endless.  There is a rapidly expanding market for professional economists in industry and commerce.  Moreover, Economics plays an important part in various aspects of Business courses.  Graduates in Economics are amongst the most highly sought after in the job market.  Those thinking of a commercial, managerial or professional career e.g. Accountancy, Banking, Insurance, Retailing or Marketing will also find Economics useful.  For some professional examinations, such as Accountancy and Banking, Economics is a required subject.

Entry requirements:

Grade 6 in Maths but a Grade 5 student may be considered if they are very close to the Grade 6 boundary and are highly recommended by their GCSE Mathematics teacher. Students need to have a keen interest in current affairs.

 

Course Title: Financial Studies
Course Type: Level 3 Certificate
Exam Board: Institute of Financial Studies
Course Contact: M. Lacy

What will I study?

Students will gain a knowledge of the purpose of money, types of money, the concept of purchasing power, credit cards, debit cards, standing order, store cards, cheques, contactless cards, pre-payment cards, personal life cycles, safety, financial risks, socio-economic trends, savings products, costs of borrowing, different types of financial institution, communication methods used in the finance industry, the role of financial services regulatory bodies, different types of bank account, cash flow forecasts, unforeseen events/insurance, debt management, minimum wages, income tax, national insurance, life long financial planning. In short you will gain a better understanding of the financial world of which we are all a part.  

Where will this course take me?

The Certificate in Financial studies provides students with a challenging qualification covering financial capability.  Learners are encouraged to become responsible borrowers, sensible savers, and have an appreciation of the need for financial planning throughout their life.  Its purpose is to prepare students for further study through the development of the core skills of critical analysis and evaluation, synthesis, verbal communication and written communication.  The course will form a good background not only for general life financial awareness but also for further study in the area of Business and Finance.  The course will develop knowledge and understanding of the financial service sector.

Entry requirements:

It is not necessary to have studied the subject previously and there are no formal entry requirements.  If not already gained, students will need to be working towards a minimum of a level 5in English Language and/or Maths.

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