What is Business Studies?
General introduction to the subject:
Business studies is an investment in your future. It is a subject that requires lifelong learning. It is practical as it relates to your personal life both at home and at work.
It includes financial literacy, banking, preparation for interviews, how a business works and what is needed to keep it successful and competitive, entrepreneurship and creativity. Business Studies includes purchasing, production, marketing, research and development, human resource and finance.
Job opportunities include management, accounting, banking, insurance, economics and marketing.
Topics studied:
• The business environment
• Business structure and organisation
• Elements of business activity
• Human Resources
• Communication
• Aiding, regulating and controlling business
• Purchasing
• Production
• Marketing
• Finance
• Research and Development
• Financial Literacy
• Enterpreneurship
Class activities involved:
• Direct questioning
• Quizzes
• Group work
• Use of interactive whiteboard tools
• Written exercises
• Presentations: individual and group work
• Role plays
• Demonstrations
• Visits to financial institutions and business organisations
• Debates
• Evaluating case studies
• Self/peer reviews
• Discussions
• Exhibitions
• Business games
Homework assigned:
• written tasks
• practise and revision of topics done at school
• research on internet, books, articles, magazines, newspapers etc
• research at work places
• projects
Assessment given:
• formative and summative assessment
• ongoing assessed tasks such as written exercises, research tasks, presentations: at home
• ongoing assessed tasks such as written exercises, research tasks, presentations: in class
• annual exam
• peer assessment on a presentation task
• write up of project tasks – written and/digital
• oral presentation
Skills acquired while studying the subject:
• numeracy and literacy skills in the interpretation of data
• business hard skills
• analysis
• evaluation
• interpretation
• decision-making
• problem solving
• critical thinking
• presentation
• communication
• teamwork
• collaboration
• organisational skills
• planning
• negotiation
• attention to detail
• listening skills
• motivation
• management
• ethical, dignity and compliance
• financial literacy
• entrepreneurship
Skills required to study the subject:
• basic English
• basic numerical skills
• basic IT knowledge
• creativity and innovation
• presentation skills
• communication skills
• teamwork skills
This subject can lead you to the following Career Paths:
Accountant
Entrepreneur
Insurance Broker
Self Employed
Banker
Manager
Marketing Officer
HR Officer