Quick Links

Quick Links

01455 554 101 Email Us

Lutterworth College

Business

GCSE OPTIONS

Business
Outcome: GCSE (grades 9-1)

Exam board specification: AQA

 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 is an academic subject which requires you to be numerate and able to write in an analytical style
  • You are prepared to work hard and complete regular homework. As this is a new subject in Year 9, there will be a lot to learn so be prepared to be challenged
  • You also be able to apply your own knowledge and experience of business to your work 

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, human resources, operations and finance. Businesses are considered in the context of the wider economic and social environment with the UK and internationally.

Progression opportunities

If you are interested in a career in business, then GCSE Business is a great choice.  You can go on to study A-Level Business and/or Economics. There are many university courses which are based on Business, for example Management, Finance, Economics. Employers are also happy to take on students with a Business qualification as Apprentices or employees. 

 

6th FORM OPTIONS

 

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

What will I study?

The Business course introduces students to businesses with a wide range of types of ownership: sole traders, limited companies PLCs and other types of business organisation.  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. 

Course content includes; management and leadership, decision making, marketing, finance, human resources, business strategy and managing change. All examples and case studies are based on real businesses, which students will be familiar with. This makes the course particularly interesting, exciting and relevant to anyone planning further study of Business subjects or entering the world of employment.

Where will this course take me?
Business 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 are almost endless.  You may wish to study Business in its own right.  The course is also useful to those students wishing to take Finance, Marketing, Human Resources Management or related degrees.  Those wishing to study for degrees in other subjects will find knowledge of Business helpful.  For employment those students thinking of a commercial or professional career such as Accountancy, 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 may initially find the course more challenging and so it is recommended that they prepare for Year 12 by familiarising themselves with GCSE Business material. If GCSE Business was taken, a Grade 4 or above is needed. Grade 5 in Maths and English Language. 

 

Course Title: Economics
Course Type: A Level Linear
Exam Board: AQA
Course Contact: Mr 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, costs and revenues, the allocation of resources, theory of the firm, the labour market, poverty/wealth/inequality,  causes of market failure and how Governments intervene in markets.  In the Macro part of the course students study how economic performance (inflation, unemployment, GDP growth) can be measured, how the economy works, financial markets, monetary policy, Government spending, 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 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 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.

 

Follow us on Twitter: @mbc_lutterworth