Curriculum

Exam Boards

KS4 & KS5 – AQA

KS5 – Enrichment L3 London Institute of Banking & Finance

Key Curriculum Priorities

Students are encouraged to -

Know and understand business concepts, business terminology, business objectives, the integrated nature of business activity and the impact of business on individuals and wider society

Apply knowledge and understanding to contemporary business issues and to different types and sizes of businesses in local, national and global contexts

Develop as enterprising individuals with the ability to think commercially and creatively to demonstrate business acumen, and draw on evidence to make informed business decisions and solve business problems

Develop as effective and independent students, and as critical and reflective thinkers with enquiring minds

Use an enquiring, critical approach to make informed judgements

Investigate and analyse real business opportunities and issues to construct well-argued, well-evidenced, balanced and structured arguments, demonstrating their depth and breadth and understanding of business

Develop and apply quantitative skills relevant to business, including using and interpreting data.

Teaching & Learning

KS4 –Year 9 & 10 AQA Business – (8132) 2017-2019

Subject content

1. Business in the real world

2. Influences on business

3. Business operations

4. Human resources

5. Marketing

6. Finance

Examination

Paper 1: Influences of operations and HRM on business activity

What's assessed?

Business in the real world

Influences on business

Business operations

Human resources

How it's assessed?

Written exam: 1 hour 45 minutes - 90 marks - 50% of GCSE

Section A has multiple choice questions and short answer questions worth 20 marks.

Section B has one case study/data response stimuli with questions worth approximately 34 marks.

Section C has one case study/data response stimuli with questions worth approximately 36 marks.

Paper 2: Influences of marketing and finance on business activity

What's assessed?

Business in the real world

Influences on business

Marketing

Finance

How it's assessed?

Written exam: 1 hour 45 minutes - 90 marks - 50% of GCSE

Section A has multiple choice questions and short answer questions worth 20 marks.

Section B has one case study/data response stimuli with questions worth approximately 34 marks.

Section C has one case study/data response stimuli with questions worth approximately 36 marks.

Assessment Objectives

AO1: Demonstrate knowledge and understanding of business concepts and issues.

AO2: Apply knowledge and understanding of business concepts and issues to a variety of contexts.

AO3: Analyse and evaluate business information and issues to demonstrate understanding of business activity, make judgements and draw conclusions.

KS4 – Year 11 AQA Business Subjects & Economics – (4130)

Subject content

Unit 1

1. Starting a Business

2. Marketing

3. Finance

4. People in Businesses

5. Operations Management

Unit 2

1. The Business Organisation

2. Marketing

3. Finance

4. People in Businesses

5. Operations Management

Examination

Two written external examinations and one controlled supervised assessment

Unit 1 - Starting a Business

60 marks - 1 hour in length - Worth 40% of a GCSE grade

Unit 2 - Growing as a Business

60 marks - 1 hour in length - Worth 35% of a GCSE grade

Each unit has a series of structured questions based around a business case study. These range from being short questions testing AO1 & AO2 to an extended question at the end of each case study testing all AOs.

Unit 3 - Controlled assessment - Worth 25% of a GCSE grade

A pre-released business investigation & research scenario set by the exam board [AQA]

Students are allowed a maximum of eight hours [class time] to research the business and scenario

Students have three hours to write up their findings, working independently under teacher supervision and exam conditions

KS5 - AQA L3 Applied Extended Certificate in Business

This Advanced Level course offers students a varied, entertaining and demanding two years. The course enables students to focus on the dynamic nature of the contemporary business world. It provides them with opportunities for research into topical business issues and to follow business developments.

Students will gain an insight into different contexts which will help them to understand the key issues and to think critically when analysing business situations.

Entry requirements

GCSE grade A*-C in Mathematics and English is preferred. It is not necessary to have studied Business Studies at GCSE level.

This course focuses on four key themes:

People

Markets

Finance

Operational delivery

Each unit addresses aspects of these themes to ensure coherent learning.

Learners cover topics including:

The role of finance in planning an enterprise, analysing and making financial decisions

How organisations use human, physical and financial resources to achieve goals

Enterprising behaviour and how it encourages entrepreneurial opportunities

Learners undertake a programme of assessment which measures their knowledge and understanding of business whilst equipping them with skills to plan and deliver products and services. In addition to the units taken as a part of the Certificate qualification, learners will cover topics such as:

How managers organise, motivate and lead employees through change to achieve business objectives

Skills and processes required to develop, present and evaluate a business proposal

Skills and processes required to develop an e-business proposal for a new business

The planning, coordination and management of a one-off event to support a business proposal

The development of a marketing communications mix for a business proposal and a schedule of marketing communications

The Level 3 Certificate in Applied Business consists of three mandatory units (units 1–3 below).

The Level 3 Extended Certificate in Applied Business consists of six units (the Certificate units 1-3, plus units 4, 5 and one from units 6, 7 and 8 below).

1 Financial planning and analysis - External examination

Learners explore different ways in which enterprises can be owned and financed. Learners will need to understand the issues that enterprises face and will use this information to make business decisions.

2 Business dynamics - Internally centre assessed

Learners investigate factors contributing to the success of businesses, focussing on the role of managers, supervisors and employees. They consider how businesses organise themselves and will analyse and evaluate the effectiveness of these organisational structures.

3 Entrepreneurial opportunities - Internally centre assessed

Learners develop an understanding of entrepreneurial opportunities and investigate how individuals can exploit these through personal enterprise. They consider opportunities for personal enterprise for a given context and propose marketing and operations activities to take advantage of entrepreneurial opportunities. External assignment

4 Managing and leading people - External examination

Learners explore how organisations operate in a changing environment. Themes include leadership, how employees and managers interact in the workplace and the impact of organisational structures on how managers and employees work.

5 Developing a business proposal - Internally centre assessed

Learners develop, present and evaluate a business proposal. The business proposal will require human resources beyond those provided by the learner. Learners will develop and present their proposal to funding providers.

6 e-Business implementation - Internally centre assessed

Learners develop an e-business proposal for a new business start-up. Including how existing small business organisations use e-business to communicate and carry out internal business activities. They use information from the Business proposal to create an e-business strategy capable of supporting the business proposal.

7 Managing an event - Internally centre assessed

Learners investigate how to plan for, manage and review a one-off event related to the business proposal.

8 Marketing communications - Internally centre assessed

Learners investigate the use of marketing communications by small businesses, develop a marketing communications mix for the business proposal and recommend a schedule of marketing communications.

Examination

The two examinations consist of a written paper with two sections: A and B.

Learners are required to complete both sections and there will be no optional questions in either section.

The examination will last 1 hour 30 minutes.

The total number of marks available in the examination is 60 marks.

Section A is worth 40 marks and consists of relatively short questions based on the whole of the specification for this unit. The learner is required to answer all of the questions in Section A.

Section B is worth 20 marks and focuses on a single, larger question. The question in Section B will not necessarily cover the whole of the specification for this unit in an assessment. The learner is required to answer this question.

KS5-London Institute of Banking & Finance L3 Certificate & Diploma in Financial Studies

The Certificate in Financial Studies (CeFS) is primarily designed for students aged 16–19 and provides a comprehensive introduction to personal finance. The CeFS provides a solid basis for creating financial inclusion, by exploring social-economic trends and their relationship with an individual’s circumstances and attitudes.

The Diploma (DipFS) builds on the skills and knowledge acquired through successful completion of the Certificate in Financial Studies and extends this to include areas such as financial sustainability within the wider financial services system, and the long-term impact of debt. Within DipFS the student explores the political, economic, social, technological, ethical and legal impacts of personal finance in the short, medium and longer terms. Through this, a greater understanding of the impact that global events can have upon consumers and the wider financial services industry is developed.

Y12 CeFS –Level 3 Certificate in Financial Studies

Key content areas

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

Financial services and products, including sources of help and advice.

Borrowing, budgeting, financial planning and cash flow forecasting.

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

Risk and reward in managing personal finance

Entry requirements

There are no prior learning requirements although students would be expected to have acquired a minimum GCSE grade C in English and Mathematics to enable study at Level 3. This qualification carries the maximum UCAS points available, as described on their website.

Structure of the CeFS

CeFS is made up of two mandatory units which need to be successfully completed in order for the student to achieve the certificate:

i. Unit 1: Financial Capability for the Immediate and Short Term (15 credits)

ii. Unit 2: Financial Capability for the Medium and Long Term (15 credits)

External assessment Structure

All components and units are mandatory. Both units will be assessed by e-test / written paper made up of the following components:

(Part A) multiple-choice questions: 35 x 1 mark for each correct answer (total marks: 35 / 100);

(Part B) a written examination based on a pre-released case study requiring essay responses to 5 questions (total marks: 60 / 100); and spelling, punctuation and grammar to be marked through the essay responses (total mark 5 / 100).

Y13 - via Enrichment - Independent Study

DipFS –Level 3 Diploma in Financial Studies

Key content areas

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

Entry requirements

DipFS is made up of four mandatory units, the first two of which are achieved through passing the Certificate in Financial Studies at grade C (QN 6008537X). Students are expected to have acquired a minimum GCSE grade C in English and Mathematics to enable study at Level 3.

Structure of the DipFS

DipFS is made up of four mandatory units which need to be successfully completed in order for the student to achieve the diploma. Units 1 and 2 are studied as the CeFS

i. Unit 1: Financial Capability for the Immediate and Short Term (15 credits)

ii. Unit 2: Financial Capability for the Medium and Long Term (15 credits)

iii. Unit 3: Sustainability of an Individual’s Finances (15 credits)

iv. Unit 4: Sustainability of the Financial Services System (15 credits)

External Assessment Structure

All components and units are mandatory. All four units will be assessed by e-test / written paper made up of the following components:

(Part A) multiple-choice questions: 35 x 1 mark for each correct answer (total marks: 35 / 100);

(Part B) a written examination based on a pre-released case study requiring essay responses to 5 questions (total marks: 60 / 100); and spelling, punctuation and grammar to be marked through the essay responses (total mark 5 / 100).

A total of 400 marks are available from all four units comprising 100 marks per unit. The pass mark for Part A will be 40%. The pass mark for Part B will be set for each session to reflect any small variations in question paper difficulty. A unit pass requires 40% of UMS marks, though both Part A and Part B must also be passed.

Progression and preparation for further study

This qualification serves as an excellent grounding for undergraduate study within finance and business-related disciplines, with many students going on to study accounting, business, finance and banking. The DipFS provides an excellent platform for progression through further or higher education. As a larger qualification than the Certificate in Financial Studies, it has a higher UCAS tariff and carries the maximum UCAS points available, as described on the website.

Visits and Events

Educational visits are an integral part of any Business Studies course. They allow students to gain a real life experience of the concepts studied in the classroom. At HWGA, we endeavour to provide students with varied opportunities to deepen their knowledge and understanding of the broad range of topics explored. The purpose of these visits enables students to fully develop their application, analysis and evaluative skills: essential in all elements of written work and examination answers to achieve success at a high level.

Visits have included :-

Year 9 – Autumn 1 Study of local businesses

Year 10 – Summer 1 West Midlands Safari Park

Year 11 Spring 1 – Amazon Fulfilment Centre

Year 12/13 Autumn 2/Spring 1– City of London Financial District Walking Tour & Excursions

Educational visits to business districts in Europe & New York are currently being investigated for future consideration.

Enrichment & Competitions

Business and Economic activities outside the classroom provide students across all Key Stages a fantastic prospect to develop essential life and employability skills. By being creative risk takers they are able to follow structured programmes that allow them to put their innovative ideas into action as real entrepreneurs. Various enterprise challenges/projects are available that provide students a channel to apply and showcase their business interests. At HWGA the following opportunities are currently available:-

Y9 & Y10 Mosaic Enterprise Challenge

Y9 & Y10 Tycoon in Schools

Y10 Citizenship Day Business Enterprise Challenge – Perfume Project

KS3 HWGA Business Buddies Club

Homework & Assessment

Students will be set homework on a weekly basis which will be posted onto the VLE- Firefly for parents to track. Similar to the diverse range of learning activities complete during the lessons, a variety of tasks will also be set for homework and assessment to develop students’ knowledge of the subject, a range of exam techniques and skills essential useful for the work of world.