The AS and Advanced GCE in Applied Business have been designed to form qualifications which provide knowledge and understanding of this vocational area. The advanced GCE specification incorporates the AS.
A’LEVEL SUBJECT CONTENT
The AS Single Award will comprise of 3 compulsory units.
Unit 1 Investigating Business
This unit will explore the aims and objectives of business, the needs of their customers and how these are met through the marketing mix.
Unit 2 People in Business
In this unit students study the roles and responsibilities of people in business and the qualities an employer looks for in its employees.
Unit 3 Financial Planning and Monitoring (External Test)
This unit involves the calculation of costs, revenue and profits. Students also learn how managers use this information in decision making.
The A2 will comprise a further 3 units.
Unit 8 Business Planning (Compulsory)
This unit provides students with the opportunity to produce a structured business plan for a new product or service.
Unit 12 Managing People (External Test)
Thus unit requires students to demonstrate that they understand how different types of management style impact upon the way in which a business operates and upon the staff who work in it.
Unit 15 Financial Accounting for Managers (External Test)
This unit will provide students with an overview of the bookkeeping system.
METHOD OF ASSESSMENT
Assessment is designed to give credit for what candidates can do as well as what they know and understand. It is based both on portfolio evidence which is marked by the centre and moderated by AQA and external assessments which are set and marked by AQA.
Units 1, 2 and 8 are based on portfolio evidence.
Units 3, 12 and 15 are external assessments.
Provides students with a broad introduction to the business sector and encourages them to develop skills, knowledge and understanding in realistic business contexts such as the problems and opportunities faced by local businesses.
Develops practical skills: personal organisation and time management; ICT skills
RECOMMENDED SUBJECT/S AND GRADES AT GCSE
The course of study prescribed by this specification can reasonably be undertaken by candidates entering this vocational area for the first time however GCSE Economics and/or Business Studies may be advantageous.
Grade B in both Mathematics and English is desirable.
Applied Business will provide a suitable basis for further study in related subjects in Higher Education as well as a valuable preparation for careers in any area of business.
The fundamental philosophy of this specification is that, in order to understand the nature of Applied Business, candidates must actively experience the business environment. This can be achieved through a variety of approaches, including work experience, links with local employers, case studies and research.