Business Studies

Course Description

Business Studies uses ideas and theories from other subjects such as psychology, mathematics, and science to solve business problems. The aims of the course are to enable students to acquire knowledge and understanding about how businesses operate and to develop business skills that will allow them to explain, analyse and evaluate business problems and solutions.

Some aspects of economics studied include:

  • how to start a small business
  • different type of business organisations,
  • how to raise finance for business activities
  • how to market a business successfully
  • how to motivate a workforce
  • how to organise production

 

Assessment

Students study the Cambridge Examination Board IGCSE specification 0450 and sit two examination papers:

Paper 1 (1.5 hours)
Four compulsory short answer and structured data response questions.

Paper 2 (1.5 hours)
Four compulsory questions based on a case study, provided as an Insert with the paper.

 

General Comments

Business Studies GCSE can be useful for absolutely every job, as businesses affect everyone, either as a consumer, an employer, or as an entrepreneur . Business Studies is particularly relevant if you want work in the Human Resources, Marketing or Finance department of either a small or large business. It is also relevant if you want to work as an accountant, stock broker, recruitment consultant or to be an entrepreneur and set up your own business. If you would like to set up your own business and be a successful entrepreneur like Alan Sugar or Richard Branson, or work as a manager for a large business like John Lewis or M&S, or are simply interested in current affairs, you should consider studying Business Studies at IGCSE level.

 

Future Prospects

Business Studies is also useful if you want to go on to study Business Studies, Economics, Law or Government and Politics A-Level.

 

Business Studies Links

If you would like to investigate this subject further, then have a look at the following web sites:

www.businessstudiesonline.co.uk/live/

www.bbc.co.uk/schools/gcsebitesize/business/

www.tutor2u.net