Business Studies

BUSINESS STUDIES

Key stage 4

GCSE Business Studies

Assessment: 2 Exams and one controlled assessment
Exam board: OCR

Unit 1 – Marketing and Enterprise

Controlled assessment
Approx. 16 hours -60 marks
25% of the qualification

Unit 2 – Business and people

1 hour exam – 60 marks
25% of the qualification
Unit 3 – Production, Finance and the external business environment
1 hour 30 mins – 90 Marks
50% of the qualification

IFS Level 2 Certificate in personal finance (CPF2)

Assessment: 3 Exams
Exam board: Institute of Financial studies

Students will gain knowledge about the practical and legal constraints on the sources and uses of money, the methods of organising their money through personal budgeting, the considered use of appropriate bank and building society accounts and the concepts and consequences of overspending or payment default.

Unit 1 – Personal financial encounters
Unit 2 – Money management solutions
Unit 3 – Personal finance management

Key stage 5

Business Studies

Exam board: AQA

AS – Introduction to business, Managers, leadership and decision making, Marketing, Operations, Finance and Human resources

Assessment: 2 Exams

Paper 1: Business 1

1 hour 30 minutes – 80 marks
Section A has 10 multiple choice questions
Section B has short answer questions
Section C has two data response questions

Paper 2: Business 2

1 hour 30 minutes – 80 marks
Compulsory case study

A2 – Strategic positioning, choosing strategic direction, strategic methods and managing strategic change

Assessment: 3 Exams

Paper 1: Business 1

2 hours – 100 marks
Section A has 15 multiple choice questions
Section B has short answer questions
Section C has two essay questions

Paper 2: Business 2

1 hour 30 minutes – 100 marks
Compulsory case study

Paper 3: Business 3

Assessment: 2 Exams
2 hours – 100 marks
Compulsory case study

Economics

Exam board: AQA

AS – The economic problem, price determination, production costs and revenue, competitive and concentrated markets and the market mechanism.

The measurement of macroeconomic performance, how the economy works, economic performance, macroeconomic policy

Assessment: 2 Exams

Paper 1: The operation of markets and market failure

1 hour 30 minutes – 70 marks
Section A has 20 multiple choice questions
Section B data response questions from two contexts

Paper 2: The national the economy in the global context

1 hour 30 minutes – 100 marks
Compulsory case study
A2 – The economic problem, price determination, production costs and revenue, competitive and concentrated market, the market mechanism and the distribution of wealth

The measurement of macroeconomic performance, how the economy works, economic performance, macroeconomic policy, financial markets and monetary policy, Supply side and Fiscal policy and international economics.

Paper 1: Markets and market failure

2 hours – 80 marks
Section A: Data response questions
Section B: Essay questions

Paper 2: The national and international economy

2 hours – 80 marks
Section A: Data response questions
Section B: Essay questions

Paper 3: Economic principles and issues

2 hours – 80 marks
Section A: Multiple choice questions – 30 marks
Section B: Case study questions requiring written answer

Applied A level Business (Double award)

Exam board: AQA

A course based on a mixture of exams and coursework. The Applied business course is a double A level.

AS Units

Unit 1 – Investigating Business
Unit 2 – People in Business
Unit 3 – Financial Planning and monitoring (External exam)
Unit 4 – Meeting customer needs (External exam)
Unit 6 – Developing a Product
Unit 7 – Career Planning

IFS Level 3 Diploma in Financial studies (Equivalent to an A level)

As an Applied General qualification, the Diploma in Financial Studies (DipFS) is primarily designed for students aged 16-19 and provides an in-depth exploration of the key concepts of financial capability and how they are applied to achieve longer-term financial sustainability.

Unit 1 – Financial capability for the immediate and the short term
Unit 2 – Financial capability for the medium and long term
Unit 3 – Sustainability of an individual’s finances
Unit 4 – Sustainability of the financial services system