Key Stage 4 Options Brochure

APPLIED BUSINESS STUDIESInformaon from:Mrs Quintero-Hunt or Miss HemmingsAssessment:• 60% controlled assessment• 40% examinaon based on mulple-choice,short & extended answersCourse contentApplied Business is a course where you will invesgate how real businesses work, and gain anunderstanding of business finance. It is ‘applied’ because you use what you learn to understand thebusinesses you invesgate.You will learn about and understand the world of business by invesgang small and large, local andnaonal businesses. You will also develop skills in the financial aspects of business. Because you will carryout research, both within and away from the classroom, you will learn how to work in a team with othermembers of the class. You will learn through invesgaon in addion to listening and reading.There are two main aspects of business that you will learn about.Unit 1 - Invesgate How Businesses WorkThis unit is an invesgaon into what business enterprise is all about, including how businesses areorganised and how people are involved. It also looks at new issues such as ‘ethical’ and ‘green’ business.The unit is assessed through an internal controlled assessment that is carried out in the classroom undercontrolled condions. There will be an opportunity to research and invesgate in groups, but the wrienwork is carried out individually.Unit 2 - Financial RecordsThis unit focuses on how businesses record financial transacons, make payments and keep recordsof how they are doing. You will learn about balance sheets, profit and loss accounts, and how to usethese to understand business performance in a praccal context. This unit is assessed through a wrienexaminaon.As part of the course, at the end of Year 10, you can apply to work for one week in a local business. Here,you will learn about the aims and objecves of the business, study the nature of the business acvity,and learn about the financial side of the business. You can also use this work experience to help you carryout your research for the controlled assessment. As well as a work experience placement, there will beopportunies to aend business presentaons and visit businesses, which will give you a praccal view ofyour studies. Students taking this subject will be asked for a voluntary contribuon of £20 to cover the costof work experience.Work-related learning• You will talk to people who run their own businesses or have management posts• You will learn the different types of businesses that operate in the economy• You will learn the different departments and roles that exist within a business• You will learn how to use a range of financial documents in business• You can apply to go on work experience for one weekProgression routes• Post-16 Business Sudies• Careers in Business01284 761393 www.king-ed.suffolk.sch.uk/Parents/Key Stage 4 Opons 11