BUSINESS

Our mission is to find out how business is a central part of an ever changing world. From international companies like Coca-Cola and McDonalds to more local businesses like Jossals. The Business department runs a wide variety of subjects that are relevant to the world we live in today. The subjects cover a wide range of topics, including Marketing, Human Resources, Accounting and the Economic Environment.

Business also gives you transferable skills ready for the world of work or University. Skills include understanding how an organisation operates, communication, decision making, numeracy and presenting – just to name a few.

Many ex-students have gone on to jobs in Accountancy, Retail Management, Stockbroker, banking and some have even set-up their own business. Business is taught from Year 10 through to the Sixth Form.

 

Head of Department

Mr J Haigh

 

 

 

 

Students will need the usual equipment : pens, pencil, rubber, rulers, calculators as well as an enquiring mind and a sense of humour.

 

 

In Business we offer a wide range of extra-curricular opportunities. In Year 10 students are entered into the ‘Coca-Cola Challenge’. This is a national competition where students have to solve a problem presented by Coca-Cola. They then present there solution to the panel and the best two groups are put forward to the national competition. This year, one group was selected to the final and had the opportunity to work alongside a Coca-Cola Manager at Pride Park Stadium in Derby to compete with other schools on a new challenge. In the Sixth Form, students can access a wide range of opportunities. Enterprise Project – All students have the opportunity be part of enterprise. They run their own business and decide what they would like to sell at the Market Rasen Christmas Market. This year they designed Reindeer Hot Chocolate and a variety of earrings and cakes. Shares4Schools Competition – Every year we enter a team in the national shares4schools competition. This is where the students trade in real-time on the London Stock Market with ‘real’ money. The team is given £1,500. Students also have the opportunity to participate in other business challenges with the University of Lincoln, the Association of Chartered Accountants and the Bank of England. In Business we offer a tailored made approach to additional support. Support is available at most lunch-times and after school on a Tuesday. Students can be directed to support sessions or just drop-in as and when is required.

 

 

There are a wide range of websites that we use in business to extend the knowledge of our students.

http://www.therealexperience.co.uk/ - Coca-Cola Business Challenge

https://www.share.com/shares4schools/ - National Shares Competition

https://www.tutor2u.net/business - A Level Business

https://www.tutor2u.net/economics - A Level Economics

http://www.bbc.co.uk/education/subjects/zpsvr82 - GCSE and Btec Business

 

 

  • Btec Business - The course is made up of four units taught over the two years.
  • In Year 10 students will complete an assignment on ‘Enterprise in the Business World’ where they will expected to write a Business plan for their own business. The second unit is an external exam on Business finance, this include topics such as cash-flow, break-even, budget and financial statements. In Year 11 the final two assignments on Customer Service and Marketing are completed.

 

A Level Accounting helps students to develop knowledge and understanding of the purposes of accounting and apply this to a variety of accounting problems. This four-unit specification requires students to develop their ability to acquire a range of important and transferable skills such as:

 

  • Data skills Presenting arguments and making judgements and justified recommendations
  • Recognising the nature of problems, solving problems and making decisions
  • Planning work, taking into account the demands of the task and the time available to complete it. It is not necessary for students to have studied GCSE Accounting before commencing work on this specification and no prior knowledge of accounting is necessary
  • This specification has no coursework or controlled assessment.
  • Develop a critical understanding of organisations, the markets they serve and the process of adding value
  • Be aware that business behaviour can be studied from the perspectives of a range of stakeholders
  • Acquire a range of skills including decision-making and problem-solving
  • Be aware of the current structure of business and business practice.This four-unit specification requires students to develop their ability to acquire a range of important and transferable skills including data skills, presenting arguments, making judgments and conducting research. This course has no coursework or controlled assessment.
  • Although not an entry requirement, this course is particularly suitable for students who have studied GCSE Business or Btec Business as this specification builds on the concepts and skills they have already learned.

 

A Level Economics helps students:

  • Develop an interest and enthusiasm for economics and its contribution to the wider political and social environment
  • Develop an understanding of a range of concepts and acquire an ability to use these concepts in a variety of different contexts
  • Develop an enquiring, critical and thoughtful 'economist's mind'
  • Practice skills, qualities and attitudes which will equip them for the challenges, opportunities and responsibilities of adult and working life
  • Develop an understanding of current economic issues, problems and institutions that affect everyday life
  • Apply economic concepts and theories in a range of contexts and appreciate their value and limitations in explaining real world phenomena
  • Analyse, explain and evaluate the strengths and weaknesses of the market economy and the role of government within it.This course has no coursework or controlled assessment units. It is not necessary for students to have studied GCSE Economics before starting work on this specification and no prior knowledge of economics is necessary.