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Business StudiesWatch this video to find out more about GCSE business studies
"A business has to be involving, it has to be fun, and it has to exercise your creative instincts."
Richard Branson
Three reasons to take business studies
Studying Business helps to explain the world you live in—whether local, national or global.
Business is for problem solvers who can think creatively.
The skills developed in Business are the skills needed for your other subjects.
What students have to say about business studies
“Business is an interesting subject. It has given me an insight into the real world.”
“I’ve been surprised by the subject. I enjoy it and enjoy taking part in discussions.”
“It’s an entertaining and useful way to learn about the real world, in school.’’
Course content
Business Studies isn’t the study of ‘money’ but is about people and problem solving. You will imagine you are running a business and will be presented with problems to overcome in order to make it a success. The course covers these key areas:
Unit 1: Influences of operations and HRM on business activity
Business: types / objectives / location
Business in the real world
Influences on business
Business operations
Human resources
People: recruitment, motivation, protection
Production: job and batch production, service
Unit 2: Influences of marketing and finance on business activity
Business growth: organic, franchise, takeover
Marketing: Boston Matrix, lifecycle, pricing strategies, promotional mix
Finance: profit and loss accounts, balance sheets
Future career/progression possibilities
There is a huge list of future career opportunities: finance, banking or insurance, marketing, HR, etc. The study of business can lead wherever you want it to. A knowledge of business is also important for consultancy, certain teaching jobs and for financial journalists.
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