Key Stage 4 – Year 11
Edexcel GCSE in Applied Business (Course Ends Summer 2018)
GCSE qualifications in Applied Business are designed to:
Actively engage students in the study of business and to develop them as effective and independent learners, and reflective thinkers with enquiring minds.
Allow students to develop and apply their business knowledge, understanding and skills to contemporary issues in a range of local, national and global contexts.
Enable students to appreciate the range of perspectives of different business stakeholders.
What will I learn?
This Edexcel GCSE in Applied Business provides students with the opportunity to learn several topics and develop new skills. Students are required to study this GCSE over a two year period with Controlled Assessment and an examined element to complete this course. Unit 1 is completed in Year 10 and Unit 2 in Year 11.
Unit 1: Investigating How Businesses Work
Topic 1.1 What is a business and what do businesses do?
Topic 1.2 How are businesses organised?
Topic 1.3 Why are stakeholders so important?
Unit 2: Financial Records
Topic 2.1 Investigating the flow of financial documents used in business trading
Topic 2.2 Investigating business payment methods and costs
Topic 2.3 Investigating the nature of financial statements in business
Topic 2.4 Investigating the importance of financial statements to business
How will I be assessed?
This unit is internally assessed under controlled conditions.
Students are required to complete an Edexcel-set task with a total of 100 marks.
Students select two businesses – one local and one national/international – to research.
They then answer a number of set questions based on the content of the unit in relation to these selected businesses, using their research materials, under controlled conditions of a set duration.
A one-hour untiered examination marked out of 60 and suitable for all levels of students.
Six structured questions, comprising a mixture of multiple-choice, short and extended answers.
What could I do next?
Studying GCSE Applied Business is not just about running a business; you are also well prepared for many further and higher education courses as the skills you learn are transferable. Potential careers include business-related professions such as Accountancy, Law, or Marketing.
Key Stage 4 and 5 – Year 10, Year 12 Pathway
Pearson BTEC Level 1/Level 2 First Award in Business
Who is this qualification for?
The Pearson BTEC Level 1/Level 2 First Award in Business has been developed in the business sector to:
- encourage personal development of knowledge and skills relevant to the business world through practical participation in a range of vocational business activities
- give learners a wider understanding and appreciation of the broad range of business specialisms through selection of optional specialist units
- encourage learners to develop their people, communication, planning and team working skills by having the opportunity to select from optional units available in the qualification structure
The Pearson BTEC Level 1/Level 2 First Award in Business includes an externally assessed finance unit in the core to introduce externality into vocational programmes of study. This will assist learners as they progress either into higher levels of vocational learning, or to related academic qualifications such as GCEs and GCSEs.
The assessment approach taken in internally assessed units of the Pearson BTEC Level 1/Level 2 First Award in Business allows learners to receive feedback on their progress throughout the course as they provide evidence towards the assessment criteria. Evidence for assessment may be generated through a range of diverse activities, including assignment and project work, case studies, workplace assessment, role play and presentations.
Key Stage 5 – Year 12/13
Pearson BTEC Level 3 National Extended Certificate in Business
Who is this qualification for?
The Pearson BTEC Level 3 National Extended Certificate in Business is an Applied General qualification. It is for post-16 learners who want to continue their education through applied learning and who aim to progress to higher education and ultimately to employment in the business sector. The qualification is equivalent in size to one A Level and aims to provide a coherent introduction to study of the business sector.
The learning programme covers the following content areas:
- business environments
What could this qualification lead to?
The qualification carries UCAS points and is recognised by higher education providers as contributing to meeting admission requirements for many courses if taken alongside other qualifications as part of a two year programme of learning. It will support entry to many higher education courses, depending on the other qualifications learners have taken.
The qualification can also support progression to employment directly, or via an Apprenticeship.
Each external assessment for a BTEC National is linked to a specific unit. All of the units developed for external assessment are of 90 or 120 GLH to allow learners to demonstrate breadth and depth of achievement. Each assessment is taken under specified conditions, then marked by Pearson and a grade awarded. Learners must achieve all external units at pass grade or above. Learners are permitted to resit any external assessment only once during their programme.
The styles of external assessment used for qualifications in the Business suite are:
- examinations – all learners take the same assessment at the same time, normally with a written outcome
- set tasks – learners take the assessment during a defined window and demonstrate understanding through completion of a vocational task.
Most units in the sector are internally assessed and subject to external standards verification. This means that you set and assess the assignments that provide the final summative assessment of each unit, using the examples and support that Pearson provides.
Learners could be given opportunities to:
- write up the findings of their own research
- use case studies to explore complex or unfamiliar situations
- carry out projects for which they have choice over the direction and outcomes
- demonstrate practical and technical skills using appropriate presentations and role plays.