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Business studies

Business studies

The world of business affects us all, and the courses we offer give our students the opportunity to gain a deeper understanding of their current and future roles as consumers, employees or entrepreneurs. Many of our students enjoy studying business because it is new to them and they can see the relevance of it to the world around them.

From Year 9 students considering the costs involved in running a farm or learning how to complete a cash flow forecast, to sixth form students applying their knowledge of marketing to analyse a market and plan a marketing campaign, the topics covered in lessons are current, relevant, and often stimulate lively debate.

Every year, students’ progress from Teesdale onto a broad range of business or economics related courses at university, before embarking on their careers in marketing, aspects of management or accountancy.  It is rewarding to think that their experiences in their lessons at Teesdale played a part shaping of their futures as citizens and in the world of work. 

Economics is interesting and relates to real world. We are surrounded by brands and influenced by businesses every day. The economic theory we study is put into context and often linked to news stories which intrigues us and helps us understand more of the major issues facing societies in the 21st century.
Year 13 student

What's been happening in the business department recently?

A group of Teesdale sixth form students visited one of the UK’s leading sign makers - WM Smiths Ltd, as part of their research into features of business. After a factory tour where students followed the process from receipt of an order to dispatch to the customer, the students then visited the company’s new warehouse facility in Stainton Grove before attending an in depth presentation on the history, organisation and future direction of the business.

WM Smiths Ltd

Curriculum information:

Year 9

 

Learning Outcomes

Students are introduced to the main areas of business activity through the creation of a business plan, and the opportunity to run their own business as part of the Peter Jones Foundation Tycoon in schools competition. Further topics covered introduce them to the BTEC units of work on Enterprise in the business world and promoting a brand in preparation for the assessed work that they will complete in Years 10 and 11.

Year 10

 

Learning outcomes

BTEC First Business focusses on developing students’ knowledge and skills in a vocational context. By the end of the year students will have learnt how to construct and interpret financial statements such as cash flow forecasts, breakeven, profit and loss accounts and balance sheets. They will also understand how businesses are organized and job roles within functional areas. The final area of work for the year looks at recruitment and selection procedures with each student researching a job that interests them and completing an application and interview.

Topics taught

  • Finance for business
  • Recruitment selection and employment

Year 11

 

Learning outcomes

The final year of the BTEC course sees students’ complete two further units of work. In completing the 'enterprise in the business world' unit, students think of an idea for a business start-up, and consider how current trends and the business environment would affect their business idea. They then complete market research into their idea, and produce a detailed business plan to support their idea.

 

The final unit of the course is 'promoting a brand', where the focus of the work is on how businesses create and promote brands, culminating in students creating a brand and designing a promotional campaign for the brand.


Both of the units covered in Year 11 are assessed through portfolio work.

Topics taught

  • Enterprise in the business world
  • Promoting a brand
The real value of learning about economics and business is that it helps me understand what is going on in the economy and to develop my personal financial skills and understanding.
Year 13 student