This Applied Business course enables students to develop both a broad understanding of the application of Business principles and gives them the opportunity to focus on a specific pathway, e.g. Marketing, Finance, Human Resources and Administration. In addition, the qualification covers a mixture of teaching and learning experiences from the theoretical through to those with a clear practical emphasis.
The course also encourages students to develop knowledge and understanding of:
• The practices and techniques used within marketing, finance, operations management, human resource management and the links between them.
• The processes, attractions and risks of setting up an enterprise
• The relationship between the business and the changing external environment
• Social and ethical issues in business
In Year 12 the following units will be covered:
Unit 1 - Financial planning and analysis
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.
Unit 2 - Business dynamics
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.
Unit 3 - Entrepreneurial opportunities
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.
Grade 4-9 in GCSE English and Maths and 4 or above in Business if taken
This qualification supports entry to a range of business and enterprise associated higher education courses, such as management, finance, entrepreneurship, economics etc, when taken alongside other qualifications and is confirmed by the specific support of a number of universities. In addition, the qualification carries UCAS points.