Albany Senior High School/Coursebook/1BUS

What is this course about?
Business Studies is the study of how people become producers. You will learn the fundamentals of setting up a business and then put this knowledge and skills into practice by setting up your own business. You will form a group with your classmates and start your own business. You will then need to look at


 * Raising capital
 * Product development
 * Production
 * Marketing
 * Accounting
 * Reporting to the shareholders and stakeholders

Visiting local firms will allow you to gain further understanding of the way businesses operate. You will also hear from guest speakers who are entrepreneurs. They will tell you about a part of their business and allow you to see how the theory learnt in class can be applied to real life situations.

Students can choose to elaborate on this part of the course by running their business as part of the impact project programme. Students who are choosing the short course will complete a selection of the standards.

It is important that students who chose to study Business Studies have good written and verbal language skills. The course is relatively language rich and students need to be able to understand business terminology being used.

What will I learn?
You will learn the factors that influence how and why businesses develop. This will include the internal factors (things the business owner has control over) and external factors (things the business owner cannot control). You will also learn how to analyse and solve problems that firms face.

This theory will then be put into practice by you. You will do this by setting up your own business.

What sorts of things will I do?
Analyse a problem that businesses face and try to solve the issue.

Start your own business and make and sell a product.

What standards can I enter?
Students will choose (in consultation with their teacher) from the standards above. Some of the standards will be optional.

Frequently asked questions:
Question - What sort of jobs would studying Business Studies be useful for?

Answer - Any jobs in the following fields


 * management
 * marketing
 * accounting
 * business owner
 * finance

Question - What skills will I develop by studying Business Studies?

Answer - Writing skills, problem solving skills, group work skills, financial management skills