“Creating informed, discerning employees, consumers and future leaders”
Enabling all students to have the opportunity to experience some financial and enterprise education, whether that be through formal lessons, a PSHE program or extracurricular activities and events.
For those that select to study an academic course, to fully experience an insight into the breadth of knowledge, skills and capabilities a study of business provides, with the view to being able to use this information as a consumer, employee, employer, entrepreneur and citizen.
- Become informed, enquiring and discerning consumers, enabling them to understand their rights, make informed choices and avoid negative consequences
- Be prepared for the recruitment process, to understand rights and the underlying reasons for business decisions.
- Prepare students for the processes involved in setting up and running your own business, developing a full understanding of the risks and rewards.
- Learn valuable management and leadership skills, as well as aspects of business such as how a business is organised.
- Be able to make informed choices and understand the advantages and limitations of financial products, in order to better manage finances over a lifetime.
- Develop an understanding of the UK taxation system and the role of government and the public sector.
- Provide experience in topics relevant to the business world such as accounting and marketing.
- Develop skills such as leadership and teamwork
- Develop analytical and evaluation skills, enabling students to develop a range of skills that can be applied to other aspects of life.
Year 10
- Introduction to Business
- Calculating revenue & profit
- Enterprise and entrepreneurship
- Spotting a business opportunity - Customer needs, market research, market segmentation, competitive environment
- Putting ideas into practice - aims & objectives, revenue & costs, breakeven, cash flow, sources of finance
- Making a business effective - ownership, location, marketing mix, business plans
- External influences - stakeholders, technology, legislation, Health & Safety, economic influences
Year 11
- Business Growth
- Globalisation
- Ethics
- Environmental factors
- Marketing
- Operations
- Human Resources
- Finance
Links to other subjects
- Mathematics—numeracy skills, drawing and interpreting graphical and tabular data
- Literacy—reading and understanding case studies; analysis and evaluation of ideas
- ICT—researching and extracting relevant information from the internet
- Science—environmental issues
- Geography—understanding of other countries within the world; lesser and more developed economies; location factors
- PSHE—ethical issues, legislation
- D&T—design, quality standards
- History—historical industry in the UK