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Business (BTEC)

STATEMENT OF INTENT FOR BTEC BUSINESS

Business students at Charters School will be enthusiastic and curious about the modern day management of business with the ongoing opportunities and threats faced in the dynamic market place. Students are required to be critical and reflective in their learning and to understand business behaviour from a range of perspectives, they must be willing and able to challenge the assumptions made through theory.

This means:

  • They will have a strong understanding of the internal management of an organisation along with an appreciation of external influences affecting decision-making.
  • They will be able to develop knowledge and skills needed to understand how to analyse data, think critically about issues and make informed decisions.
  • They will be confident in using both quantitative and qualitative skills and appreciate that, when evaluating using both can improve the robustness of a judgement.
  • They will be well read and independent in their learning.
  • Students will be able to articulate their thoughts, debate and discuss key issues facing the modern day business environment.

SUMMARY OF CURRICULUM FOR BTEC BUSINESS

BTEC Business Students at KS5 follow the Edexcel syllabus. The curriculum is structured into three core units and one non-core units, therefore achieving an A Level equivalent grade.  The units give you an introduction to and understanding of the business environment, management of resources, marketing and communication and work experience – all fundamental to the success of business organisations. Units are broken down into individual assignments and/or tasks which are subsequently assessed by your teacher through controlled assessments or through external examinations. The BTEC quali?cation gives you the knowledge, understanding and skills that you need to prepare for employment or higher education.

COURSE DETAILS

Unit 1: Exploring Business:  In this unit, you will gain an overview of the key ingredients for business success, how businesses are organised, how they communicate, the characteristics of the environment in which they operate, and how this shapes them and their activities. You will also look at the importance of innovation and enterprise to the success and survival of businesses, with the associated risks and benefits.

Unit 2: Developing a Marketing Campaign:  Marketing is a dynamic field central to the success of any business. You will gain an understanding of how a marketing campaign is developed. You will explore different stages of the process that a business goes through when developing its campaign and develop your own campaign for a given product/service.

Unit 3: Personal and Business Finance:  This unit includes aspects of both personal and business finance. Personal finance involves the understanding of why money is important and how managing your money can help prevent future financial difficulties. It is vital you understand the financial decisions you will need to take throughout your life and how risk can affect you and your choices. This unit will also give you an insight into where you can get financial advice and support.

The business finance aspects of the unit introduce you to accounting terminology, the purpose and importance of business accounts and the different sources of finance available to businesses. Planning tools, such as cash flow forecasts and break-even, will be prepared and analysed. Measuring the financial performance of a business will require you to prepare and analyse statements of comprehensive income and statements of financial position.

Unit 27: Work Experience in Business:   In this practical unit, you will learn about different types of work-related learning and their benefits. You will learn what information you need before starting the placement, and how the placement can help you to develop key competencies needed for employability, such as self-management, team working, problem-solving and communication skills. You will learn more about the expectations of different roles. You will research and take on relevant work experience, and evaluate your performance through a reflective journal.

KEY STAGE 5 ENTRY REQUIREMENTS

The minimum entry requirements for Charters Sixth Form can be viewed here

EXAM BOARD: EDEXCEL

 

BE INSPIRED

Take a look around the links below to find our where this exciting subject could lead.

Complementary Subjects

BTEC Business works well with any subject at A level but is particularly well suited to A Level Mathematics and A level Economics.

Future Opportunities

Marketing, Human Resources, Accountancy, Law, Project Management, Teaching and many other roles.

Be Inspired by Exploring Further

BOOKS

Steve Jobs: The Exclusive Biography by Walter Isaacson

Drawn from three years of exclusive and unprecedented interviews Isaacson has conducted with Jobs as well as extensive interviews with Jobs' family members, key colleagues from Apple and its competitors, Steve Jobs: The Exclusive Biography is the definitive portrait of the greatest innovator of his generation.

Shoe Dog: A Memoir by the Creator of NIKE by Phil Knight

In 1962, fresh out of business school, Phil Knight borrowed $50 from his father and created a company with a simple mission: import high-quality, low-cost athletic shoes from Japan. Selling the shoes from the boot of his Plymouth, Knight grossed $8000 in his first year. Today, Nike's annual sales top $30 billion.

WEBSITES

The Times - Business & Finance

Keep up-to-date with the world of Business with articles and insights.