The AS qualification is examined by two short, written papers at the end of the first year. There will be an opportunity to retake these, if necessary, the following year, as separate modules.
The A-Level qualification will be examined during and at the end of the second year with two further written examinations. There is no coursework at either AS or A-Level.
AS Examinations:
Unit 1 – Planning and Financing a Business
This has two elements:
- Starting a Business. This gives an introduction to the subject and an overview of the activities involved in setting up a new business. The main focus is on enterprise.
- Financial Planning. This covers key financial concepts such as cash flow and budgeting and introduces the basic relationships between finance and other business functions.
Unit 2 – Managing a Business
This has four elements:
- Finance. Using budgets and improving cash flow and profits
- People. Organisational structure, recruitment, selection, training and motivation
- Operations management. Operational decisions on issues such as quality, customer service, suppliers and technology.
- Marketing and Competition. Designing and using an effective marketing mix under different competitive conditions.
A2 Examinations:
Unit 3. Strategies for Success
This has four elements:
- Financial strategies and accounts. Understanding and analysing published accounting statements. Investment decisions
- Marketing strategies. Analysing markets and selecting successful marketing strategies and developing marketing plans
- Operations strategies. Operational issues such as innovation, location, improving operational efficiency
- Human Resources strategies. Workforce planning, adapting organisational structures and developing successful employee relations.
Unit 4. The Business Environment and Managing Change
The questions in the first section will be based around a pre-released research task such as ‘The Impact of Globalisation on Business’.
The second section has three main elements:
- Mission, aims and objectives. The purpose and nature of corporate strategies and stakeholder perspectives on these
- External influences. The effects of changes in the economic, political, social, ethical and technological environment and the potential response of businesses to these
- Managing change. Planning for change, leadership and corporate culture, making strategic decisions and managing change
‘As I passed AS-Level with grade A on two papers I was not required to retake these in the second year. The additional revision sessions provided by the department helped me greatly’ Joe Chapman – (Hurtwood student)
Business Studies – The A-Level results over the last five years
Grade A 55% Grade B 43% Grade C 2%