Business Studies

 

The Economics and Business Studies (EBS) Department at Worth School offers a wide variety of courses at GCSE, A Level and as part of the IB Diploma programme.

The assumption that successful business men and women are formed by their experience of commerce rather than created by business schools is ill-made. There is unquestionably a body of skills and knowledge which is more important to the would-be entrepreneur, manager or captain of industry than motivation, judgement or luck.

The academic study of Business is concerned with areas as varied as Accountancy and Finance, Management Studies, People in Organisations, Operations Management, Computing, Marketing, Industrial Relations and Law – but not as separate disciplines, rather as components in a process that integrates and applies skills, knowledge and techniques to make effective business decisions.

As Information Technology is a major contributor to the operation of business, it is incorporated into the course where relevant. IT may take the form of research through the internet or via spreadsheet analysis through Excel or Google Sheets related to business performance or management theories.

Students will be regularly encouraged to use the School's excellent IT facilities to aid and stretch their development and understanding of the academic theories that relate to management theories and academic Business Studies.

A LEVEL BUSINESS STUDIES

In the Sixth Form, we offer A Level Business Studies with the AQA Examination Board (course code 7132). This A Level course will enable students to develop knowledge, critical understanding and skills in analysing and evaluating business situations.

There are ten elements of the A Level Business Studies course. They are: What is business; Managers, leadership and decision making; Decision making to improve marketing performance; Decision making to improve operational performance; Decision making to improve financial performance; Decision making to improve human resource performance; Analysis, the strategic position of a business; Choosing a strategic direction; Strategic methods and Managing strategic change.

Assessment is in the form of three two-hour examinations at the end of Year 13; there is no coursework.

INTERNATIONAL BACCALAUREATE BUSINESS AND MANAGEMENT

Business and Management is available at both Higher and Standard Levels as part of the IB Diploma at Worth. At both levels, the course will enable you to develop knowledge, critical understanding and skills in analysing and evaluating management and business situations.

There are five separate elements of the IB Business and Management courses at both Higher Level and Standard Level. They are: Business Organisation and Environment; Human Resource Management; Finance and Accounts; Marketing and Operations Management.

For IB Higher Level Business and Management, assessment takes the form of two external examinations (worth 75% of the final mark) and a 2,000 word research project based on an issue facing an organisation (worth 25% of the final mark).

For IB Standard Level Business and Management, assessment takes the form of two external examinations (worth 75% of the final mark) and a 1,500 word research project based on a potential problem being faced by an organisation (worth 25% of the final mark).

ADDITIONAL INFORMATION

Good grades in Mathematics and English GCSEs are essential and so too is commitment to taking responsibility for your own active learning. It is not a requirement to have studied GCSE Business Studies or Economics, but it may support your progress in the early stages of the course.

All Sixth Form students taking A Level Business Studies or IB Business and Management automatically become members of the EBS department’s Walter Monckton Society which invites speakers to talk on thought-provoking issues related to Economics, Business and Politics.

As well as invitations to external speakers, there are other ways in which the business world is brought to life. There is an annual Year 12 trip to the City of London, attendance at student conferences, a wide variety of additional lectures as well as other activities such as the Bank of England Target 2.0 Competition and the Young Enterprise Scheme.

SIXTH FORM ENTRY REQUIREMENTS

The ability to analyse and evaluate using a variety of sources of information to support your ideas, genuine and broad interest in the commercial world and good grades in Mathematics and English GCSEs are essential. Commitment to taking responsibility for your own independent learning is required.

UNIVERSITY OPPORTUNITIES AND CAREERS

Business related courses can act as a foundation for many careers. It is highly valued by many financial sector institutions and can lead to a career in both the public and private sectors. There are a wealth of courses with a business component listed on the UCAS website.

Mr Richard Phillips

Mr Richard Phillips