Ysgol Stanwell School

Archer Road, Penarth, Vale of Glamorgan, CF64 2XL

Business Studies

Head of Department
Mr J Crook
Teachers
Ms R Baker
Ms S Golding
Miss A Wilson

Business Studies is a course that students opt to study for GCSE and A Level. Business Studies has four members of staff who are fully trained and aware of modern developments within the Business forum. The department is principally based within the Business Studies Suite. This suite has 29 computers with ‘Flip-it’ desks. This allows the suite to have a dual purpose of a boardroom setting and a full computer suite.

In Business Studies we offer opportunities for students to study a wide range of business related issues on a variety of scales. This allows the students to be effective learners and:

  • Prepare themselves for progression to employment and/or further training in the business sector through the development of the required knowledge, skills and understanding
  • Increase their knowledge and understanding of the business sector through the investigation, analysis and evaluation of a range of business activities, functions and processes
  • Increase their awareness of the considerations involved in business activity as seen from a wide range of contrasting stakeholder viewpoints
  • Develop a wide range of key skills and an analytical approach to problem solving within the vocational context
  • Experience a wide range of learning experiences which will enrich their awareness to a variety of human activities and relationships
  • Understand the importance of their local, national and international environment and how business interacts
  • Students have an opportunity to set up and run their own business through the Young Enterprise Scheme

Key Stage 4: GCSE in Business Studies

Students will follow the WJEC specification.

The course consists of a controlled assessment that is worth 25% of the overall grade and one single exam of 2 hours in duration. The aims of the course are as follows:

  • For students to actively engage in the study of business and to develop as effective and
    independent learners and as critical and reflective thinkers with enquiring
    minds;
  • use an enquiring, critical approach to distinguish facts from opinion and to build arguments and make informed judgements;
    develop and apply their knowledge and understanding and skills to contemporary issues in a range of national, local and international contexts;
  • appreciate the range of perspectives of different stakeholders in relation to business and economic activities;
    consider the extent to which business and economic activity can be ethical and sustainable.

A Level Business Studies

Students will be taught for five periods a week. The courses innovative structure empowers students to develop an understanding of four units:

(AS) – Unit 1: Developing New Business Ideas

This unit covers the characteristics that students would need to have in order to be successful in business. Students analyse how new and existing businesses develop product/service ideas and test them through market research. Students will also consider the competition within the market; the economic climate; how the business may be financed and how much money the idea might generate.

(AS) – Unit 2a: Managing the Business

This unit covers the key activities that students may be involved in if they were to set up and/or manage a business. The unit introduces students to some basic management tools and models which will be further developed in the A2 qualification.

(A2) – Unit 3: International Business

This unit will introduce students to the world of international business and issues which a company trading internationally would have to consider.

(A2) – Unit 4a: Making Business Decisions

This unit allows students to assess the current competitiveness of a business through performance and non-performance indicators. Students will analyse corporate objectives and strategy on the basis of these indicators and on the external influences to the business. Students will be required to assess the cause and effects of change on a business and examine how the company can manage risk effectively.

What skills will I develop?

Throughout the course students will be involved in a range of learning activities which will allow them to develop important transferable key skills (numeracy, communication, ICT, problem solving, working independently and with others). Students will also further their understanding of social, moral, ethical, cultural, environmental, citizenship, and European issues within a business format.

How will I be assessed?

There is no coursework for this qualification; all units will be assessed through external examination:

Unit Unit Name Exam Duration Section A Section B
1 Developing New Business Ideas 75m Supported Multiple Choice Questions Based on data
2a Managing the Business 75m Supported Multiple Choice Questions Based on data
3 International Business 90m Questions Based on data Case Study and questions
4a Making Business Decisions 90m Questions Based on data Decision making report – pre-released in June of previous year

Will Business Studies help me with my future career?

Business Studies is a diverse and varied course, this means that it can be the foundation for many careers that students may choose to study. Obviously if you want to be the next Richard Branson and run your own business it is very useful. Other careers and further studies that can be directly linked to Business Studies include Finance, Law, Business Administration, Resource and Environmental Management, Personnel, Sales and Marketing.

What qualifications do I need to study Business at ‘A’ level?

A GCSE in Business Studies is not required but will help students when they start the course. The general requirements of entrance to the Sixth Form are required. An interest in current affairs and the world of business will aid student’s understanding of the course. Commitment, a positive attitude to their studies, and the ability to meet deadlines are essential.

Homework Club

Business Studies homework club runs on a Monday and a Thursday after school where students gain receive additional help, support and guidance with any issues relating to the subject.

Please see your Business Studies teacher for advice about this club.

Year 9 Business Studies

In Year 9 students examine a range of issues relating to the business world. This is in preparation for the start of their controlled assessments and formal external examination in Year 10.

The lessons allow students to develop a board range of key skills such as:

  • Literacy and numeracy
  • ICT
  • Working with others
  • Working independently
  • Problem solving

Some of the topics covered within the Year 9 course include:

  • Real Business Challenges
  • Financial Responsibility and decision making
  • Managing your money
  • Business ‘Big Ideas’?
  • Business and the government
  • Business and the environment
  • The stock exchange
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