KS4 BTEC Business
During your BTEC First in Business course, you will learn about the language and terminology used in business and explore what businesses do, how they operate and the factors that can influence their success. You will also explore how businesses plan for success and the techniques that assist this process, such as break-even analysis and cash flow forecasts. You will find out how to measure revenue, gross profit and net profit and the importance of these to a business. You will also analyse key financial statements and understand their importance to the successful running of a business.
The qualification includes numerous specialist units covering areas such as: branding, customer service, sales and selling, providing business support, retail and recruitment.
The BTEC First Award in Business is equivalent to 1 GCSE Grade A*-C.
Three units are internally marked, standardised and externally verified. One unit is an on-line examination.
If you use your BTEC First to progress on to a BTEC National Diploma Business or A Level you could then go on to study for a degree. A range of professions and occupations could be open to you. Those who gain higher and professional qualifications in business and business-related subjects, such as accountancy, marketing, personnel and banking, may progress into careers such as an accountant, advertising account executive, banker, building society manager.
If you choose to study GCSE Applied Business you will actively engage in the study of business. Throughout the two years of study you will develop knowledge of different types of business ownership, the relevance of stakeholders and discover how a business can be ethical and sustainable.
You will also understand the importance of financial documents and learn how to create a range of financial documents such as cash flow, balance sheet and profit and loss accounts.
This qualification also provides opportunities to develop time management, presentation and interpersonal skills.
If you choose to follow this course you will study two units. Unit 1 – How Businesses Work– Controlled Assessment (60% of the marks)and Unit 2 Financial Records and external examination worth 40% of the marks.
How Businesses Work – Controlled Assessment
This unit is broken down into three topics:
The Controlled Assessment task is set by the examination board, this scenario changes every two years. The current scenario asks students to select two businesses (one local and one national or international) to research. Students will be asked to complete three activities each worth 30 marks.
The Controlled Assessment is externally moderated.
The content of this unit is structured into four topic areas:
The examination lasts 1 hour. The paper is untiered and questions are based on a given business scenario. Questions will consist of multiple-choice, objective test, short and extended/long answers.
Students start the research activity on Thursday 14 November 2013. Homework has been issued to students to do initial research in preparation for the Controlled Assessment starting.
Letters will be sent to parents shortly to ask if they wish to be kept up-date of their son/daughter’s progress.
Year 11 have recently started Activity 2 of their Controlled Assessment. Letters will be sent home with results of Activity 1and informing parents of coursework catch-up sessions