Guide to Business Courses

Business (A Level, Edexcel exam board) 

Why study Business? 
Business helps you to develop an understanding of business organisations, the markets they serve and the process of adding value.  You will consider business behaviour from a variety of perspectives, incorporating interests of all stakeholders. The subject will equip you with the knowledge and skills to function in the world of work.
What can it lead on to?
Business leads to a wide range of opportunities in many careers such as accountancy, law, civil service, commerce, teaching, leisure and tourism management, to name but a few. You could work in a variety of different jobs in the private or public sector, or even start up your own business.
What are the areas of study?
You will study four key areas over the two years.  
Marketing and people enables you to understand how businesses identify opportunities and to explore how businesses focus on developing a competitive advantage through interacting with customers. 
Managing business provides you with the opportunity to look at how businesses raise and manage finance and how they measure business performance.  
Business decisions and strategy focuses on the analysis of corporate objectives and strategy against financial and non-financial performance measures and how businesses grow, and develop an understanding of the impact of external influences. 
Global business allows for the investigation of businesses that trade on a global scale and explore their reasons for doing so.  You will develop an understanding of the globally competitive environment and consider the ethical and moral dimensions of global business activities.

Business CTEC (Cambridge Technical Business Level 3 Extended Certificate) 

Why study Cambridge Technical Business? 

From small, single-owner enterprises to large multinational organisations, the impact of businesses is far reaching.  They provide goods and services; create jobs and growth in the economy, as well as creating new opportunities through skills development and innovation.  The Cambridge Technical Level 3 Extended Certificate in Business offers a wide range of units enabling you to focus on specific areas including business functions, the external environment, working in a business and the importance of making decisions in business.   You will be required to work in groups; write detailed reports; work with external organisations and business people and deliver presentations.  The course is student led with a strong emphasis on independent learning and research based.
What can it lead on to?
This qualification will provide you with the skills, knowledge and understanding to progress into higher education on a business-related programme such as Business, Business Management, Marketing, Business and Finance, Business and Economics, Accounting, and Certificate or Diploma in Human Resource Management.  It will also allow you to choose non-business related degree programmes or enter the world of work.
What are the areas of study? 
The business environment provides you with the opportunity to develop an understanding of how and why businesses operate in the way they do. 
Customers and communication examines the purpose, methods and importance of communication in business and the appropriateness of different forms of communication for different situations. 
Principles of project management allows you to study the stages of project management and the type of skills a project manager should have. 

Economics (A Level, Edexcel exam board) 

Why study Economics? 
Economics is the study of the factors that influence income, wealth and well-being.  You will study a range of economic concepts over the duration of the course including microeconomics, economic problems and the ways economists think and work.  You will go on to consider key measures of economic performance and the main instruments of economic policy primarily in a UK context.  Building upon your knowledge, skills and understanding you will then apply them in the context of a business and finally a wider global context.
What can it lead on to?
Economics leads to a wide range of opportunities in many careers such as accountancy, banking, the civil service and other jobs in the financial sector. You could work in a variety of different jobs in the private or public sector, or even start up your own business.
What are the areas of study?
Introduction to markets and market failure provides you with the opportunity to consider how markets work, looking at how supply and demand interact to allocate resources in local, national and international markets. 
The UK economy – performance and policies introduces the aggregate demand/aggregate supply model so that you can use it to analyse changes in real output and the price level. 
Business behaviour and the labour market examines how the number and size of market participants, and the level of contestability, affect the pricing and nature of competition among firms. 
A global perspective places the expectation upon you to understand the significance of globalisation, international trade, the balance of payments and exchange rates. 

Tourism (WJEC Level 3 Applied Diploma) 

Why study Tourism?
The Level 3 Applied Diploma in Tourism is designed to provide you with the knowledge, understanding and skills associated with tourism organisations and activities.  The qualification provides a broad basis for further or higher education or for moving into employment.  The Applied Diploma in Tourism also enables you to gain essential employability skills that are valued by employers, further and higher education including literacy and numeracy, digital literacy, critical thinking and problem solving, planning and organisation, creativity and innovation and personal effectiveness.
What can it lead on to?
The course gives you a wide choice of progression options into further study, training or relevant employment in the travel and tourism sector.  You will be well equipped to move on to degrees, Higher National Diplomas, or modern apprenticeships.
What are the areas of study?
The United Kingdom tourism product considers the wide range of tourist destinations within the UK and why they are such popular destinations.  
Worldwide tourism destinations allows you to gain an understanding of the reasons or motivation for people to travel to different destinations. 
Event and itinerary planning provides you with the opportunity to develop the skills of critical thinking by assessing the business elements which are involved in planning and organising a tourism event.