Business Studies, Economics & London Institute of Banking & Finance

Teaching Staff and Responsibilities

Mr Oranu – Subject Leader & Career Ready Coordinator  [email protected]

Mr Bright – Teacher of Economics [email protected]

Mrs Lewis – Teacher of Business [email protected]

Miss O’Dwyer – Teacher of Business   po’[email protected]

Mrs Meehan – Teacher of Business [email protected]

Ms Molloy – Teacher of Business [email protected]

Mrs Williams – Teacher of Business [email protected]

Mrs Rogers – Career Ready administrator [email protected]

Resources Available in Department

All classrooms are fitted with class set of computers each with internet access.  All classrooms are also fitted with interactive and conventional whiteboards.

Ethos of the Department

The study of Business, Economics and Finance equips learners with transferable skills and an increased awareness of current events within a dynamic global and economic environment.

KS4 GCSE Business

Core Aim of Qualification

The qualification gives learners the opportunity to explore real business issues and how businesses work

Exam Board and Weblink to Exam Board

AQA

https://www.aqa.org.uk/subjects/business-subjects

 

Curriculum Overview

How Classes/Groups are Organised

Each year group is divided into three teaching groups with classes ranging from 20 to 25 students. All groups are mixed ability and taught by specialist and experienced Business teachers.

Links to Relevant Websites

https://www.tutor2u.net/business/topics

https://www.bbc.com/bitesize/guides/zrvb9j6/revision/1

https://revisionworld.com/gcse-revision/business-studies

KS5

A level Business;

A level Economics;

London Institute of Banking and Finance

Pearson BTEC Level 3 National Extended Certificate in Business

Pearson BTEC Level 3 National Diploma in Business

Core Aim of Qualification

AQA – A LEVEL BUSINESS

The AQA qualification takes a holistic approach to the subject, demonstrating the interrelated nature of business using business models, theories and techniques to support analysis of contemporary business issues and situations to provide a dynamic specification.

The content is designed to engage students through topics and issues that are relevant in today’s society.

Students develop the knowledge and skills needed to analyse data, think critically about issues and make informed decisions – all skills that are needed for further study and employment.

PEARSON EDEXCEL – A LEVEL ECONOMICS

The study of Economics provides a useful insight into the way our Economy works and shows how Economics affects us all in our day to day living.  As well as developing an understanding of a range of economic concepts, the course develops analytical and quantitative skills that will equip students for the challenges, opportunities and responsibilities of adult and working life.

LIBF – THE LONDON INSTITUTE OF BANKING AND FINANCE

The LIBF qualification is designed to help individuals understand finances and the influence that they have on everyday life. Essential topics such as debt, loans, budgeting, pensions, mortgages and stock market investments are covered.

It is not necessary to have studied any prior business or financial services course at GCSE.

This qualification is not an A Level course but an industry produced qualification which is equivalent to A Levels in terms of UCAS points.

 BTEC programme of study

BTECs embody a complete learner centred approach, with a flexible unit structure applied to project based assessments. They focus on developing students interpersonal, practical and thinking skills required for success in employment and higher education.  We offer two BTEC qualifications.

Pearson BTEC Level 3 National Extended Certificate in Business

Single Award.  Equivalent in size to one A Level.

Pearson BTEC Level 3 National Diploma in Business

Double Award.  Equivalent in size to two A Levels.

Exam Board and Weblink to Exam Board

AQA – A LEVEL BUSINESS

https://www.aqa.org.uk/subjects/business-subjects

PEARSON EDEXCEL – A LEVEL ECONOMICS

https://qualifications.pearson.com/en/subjects/economics.html

LIBF

https://www.libf.ac.uk/study/financial-capability/qualifications/certificate-in-financial-studies-(cefs)

Pearson BTEC Level 3 National Diploma in Business

https://qualifications.pearson.com/en/qualifications/btec-nationals/business-2016.coursematerials.html#filterQuery=category:Pearson-UK:Category%2FSpecification-and-sample-assessments

Pearson BTEC Level 3 National Extended Certificate in Business

https://qualifications.pearson.com/en/qualifications/btec-nationals/business-2016.coursematerials.html#filterQuery=category:Pearson-UK:Category%2FSpecification-and-sample-assessments

Entry Requirements

AQA – A LEVEL BUSINESS

No prior knowledge of business is required. If learners have studied GCSE Business it would be expected they have achieved a 6 grade. Students must also have a grade 5 in GCSE Mathematics and English.

PEARSON EDEXCEL – A LEVEL ECONOMICS

Grade 5 in GCSE Mathematics and English

LIBF

Grade 5 in GCSE Mathematics and English

BTEC programme of study

Grade 4 in GCSE Mathematics and English

Curriculum Overview

  • AQA – A LEVEL BUSINESS

Students of this course study business in a variety of contexts (e.g. large/small, UK focused/ global, service/manufacturing).

Students consider:

The importance of the context of business in relation to decision making

The interrelated nature of business activities and how they affect competitiveness

The competitive environment and the markets in which businesses operate

The influences on functional decisions and plans including ethical and environmental issues

The factors that might determine whether a decision is successful eg the quality of data and the degree of uncertainty

How technology is changing the way decisions are made and how businesses operate and compete

The impact on stakeholders of functional decisions and their response to such decisions

The use of non-quantitative and quantitative data in decision making (including the interpretation of index numbers and calculations such as ratios and percentages).

PEARSON EDEXCEL – A LEVEL ECONOMICS

Theme 1        TITLE: Introduction to markets and market failure   

This gives a general introduction to the nature of economics and how prices are determined in the real world and what can be done when things go wrong with the price mechanism.

 Theme 2        TITLE:            The UK Economy- Performance and Policies   

This unit gives a general introduction to the key measures of economic performance which appear in our papers and on the news every day and what we can do to influence them

 Theme 3        TITLE:            Business behaviour and the Labour Market

This unit examines how businesses operate and grow and how the labour market operates.  It then goes on to look at how government intervention can help to influence these areas of the economy.

 Theme 4        TITLE:            A Global Perspective

This unit develops the knowledge and skill gained on unit 2, but applies them to a global context.  Students will develop an understanding of international economics, poverty and inequality, emerging and developing economies and the financial sector.

THE LONDON INSTITUTE OF BANKING AND FINANCE

Objective

To enable students to make informed and confident decisions regarding their finances.

Topic content 

Importance of financial capability in the immediate, short, medium and long term.

The impact of external influences at different stages in the personal life cycle.

Risk and reward in managing personal finance.

Personal and external factors that lead to change.

Maintaining financial sustainability and avoiding long-term debt.

The financial services system and financial sustainability (individual and general).

Marketing techniques.

Pearson BTEC Level 3 National Extended Certificate in Business

Units studied

Year 12 Units Unit Title Assessment Method
1 Exploring Business Portfolio
3 Personal & Business Finance Exam
Year 13 Units Unit Title Assessment Method
2 Developing a Marketing Campaign Controlled Assessment
14 Investigating Customer Service Portfolio

Pearson BTEC Level 3 National Diploma in Business

Units studied

Year 12 Units Unit Title Assessment Method
1 Exploring Business Portfolio
3 Personal & Business Finance Exam
4 Managing an Event Portfolio
8 Recruitment & Selection Process Portfolio
Year 13 Units Unit Title Assessment Method
2 Developing a Marketing Campaign Controlled Assessment
14 Investigating Customer Service Portfolio
5 International Business Portfolio
6 Principles of Management Controlled Assessment

 

Links to Relevant Websites

https://www.tutor2u.net/business/topics

https://s-cool.co.uk/a-level/business-studies

https://www.bankofengland.co.uk/museum

https://www.bbc.co.uk/news/business

https://uk.reuters.com/

https://www.ft.com/

Future Pathways

Previous students have gone in to:  Accounting & Finance, Commercial Banking, Corporate Finance, Insurance, Investment Banking, Entrepreneurship, Human Resources, Marketing, Advertising and Public Relations, Market Research, Product Management & Retail.

Careers

CAREER READY PROGRAMME

This is an initiative aimed at those students who are interested in pursuing a career in business. It represents the formation of a business school within the sixth form, and offers a framework for students to develop their business skills. To be part of this scheme, students must opt to take one business-related qualifications such as: BTEC Business, A Levels in Business, Economics or LIBF.

Career Ready students will receive a programme of enrichment activities aimed at developing employability skills, business knowledge and self-esteem. Key to the Academy experience is the student internship: an industry placement for up to 6 weeks, earned through an interview and fulfilment of work/coursework deadlines best met. Equally key is the opportunity for every student to be mentored by someone from business, allowing them to reflect their learning to an adult other than a teacher. The programme will also involve various trips to business institutions and access to successful business role models.