Business Studies concentrates on a specific area of economic activity - the firm - and studies it in depth. It is inter-disciplinary and has elements of Psychology, Law, Accountancy, Sociology as well as Economics.
Inevitably there is some overlap between Business Studies and Economics, for instance government policy may have an impact on firms and the economy as a whole and so is covered by both subjects. Therefore, it is advisable to study either Economics OR Business Studies at GCSE to prevent narrowing your field of interest too early. However, at A Level the study of one of these subjects can be used to complement the study of the other.
To find out information about the all the sixth form courses offered please see the sixth form pages.
The Business Studies syllabus is designed to convey some of the basic information about businesses and their operations and to analyse their role in today’s society. The theme is the inter-relationship of business with the environment in which it operates. The subject content includes:
- Human Resources
the recruitment, training, payment and motivation of employees
the design, pricing, advertising and promotion of products
sources of finance and the interpretation of accounts
- Structure and organisation
business objectives, different types of organisation
- The business environment
the outside factors which influence business behaviour
Assessment is split into three elements:
- Unit 1:
A written paper that focuses on the issues involved in setting up a business.
- Unit 2:
A written paper that builds on Unit 1 by considering how businesses grow and the issues that expansion brings.
- Unit 3:
Investigating businesses. The examination board will set a task and issue students with pre- released stimulus material. Students prepare, undertake research and then carry out an investigation of the business. At the end of this, students write up their findings under controlled conditions.
The course is useful to those who choose to find employment after school, wish to pursue a degree course in business or management or have an ambition to start their own business at some stage in their lives.