The Business Studies Department
The problem is not that there are problems. The problem is expecting otherwise and thinking that having problems is a problem. — Theodore Isaac Rubin
The Business Studies classes take a problem-solving approach to business activities with the aim of developing the pupils’ awareness of organisations, markets, workers and other parties such as governments, banks and exporters within the framework of the day- to-day operations of business enterprises. The pupils are therefore prepared to have a critical understanding of the way businesses are organised internally and the local, national and international environments within which they operate.
Edexcel International GCSE in Business
The department has made the decision to deliver the Edexcel International GCSE in Business from August 2017. The latest specification is graded using the new 9–1 system and is composed of five elements:
- Business activity and influences on business
- People in business
- Business finance
- Business operations
The course is examined using two equally weighted papers. One based on small businesses and the other on large businesses. The new specification is believed to engage pupils and give them opportunities to gain skills that will support progression to further study of business.
Cambridge International AS and A Level Business Studies
Cambridge International AS and A Level Business Studies are accepted by universities and employers as proof of essential knowledge and ability. The Business Studies syllabus enables candidates to develop:
- the capacity to analyse characteristics and activities of business organisations and how they respond to the changing demands of their environments;
- an understanding of how effective managers and leaders develop successful organisations in terms of customer focus and the products/services they offer;
- the opportunity to reflect on how successful business organisations engage in financial and accounting practices to maximise value for stakeholders value;
- knowledge that relates to strategic planning and decision-making to ensure business survival, change, and sustainable success; and
- a solid foundation for further study.
Candidates examine the management of organisations and, in particular, the process of decision-making in the context of a dynamic external environment. Candidates beginning this course are not expected to have studied Business Studies previously. Cambridge International A Level Business Studies provides a suitable foundation for the study of Business Studies or related courses in higher education. Equally it is suitable for candidates intending to pursue careers or further study in business or management, or as part of a course of general education.
Broad concepts covered at AS and A Level include:
- Business and its environment
- People in organisations
- Operations and project management
- Finance and accounting
- Strategic management