Business

Y12-Y13: BTEC Level 3 National Extended Certificate in Business

The two-year Extended Certificate is for students who are interested in learning about the business sector alongside other fields of study, with a view to progressing to a wide range of higher education courses, not necessarily in business-related subjects. It is designed to be taken as part of a programme of study that includes other appropriate BTEC Nationals or A Levels.

The course comprises of the following Units:

Unit 1: Exploring Business (Internally Assessed)

In this introductory unit, students explore the purposes of different businesses, their structure, the effect of the external environment, and how they need to be dynamic and innovative to survive. They will gain an overview of the key ingredients for business success, how businesses are organised, how they communicate, the characteristics of the environment in which they operate, and how this shapes them and their activities. They will also look at the importance of innovation and enterprise to the success and survival of businesses, with the associated risks and benefits.

Unit 2: Developing a Marketing Campaign (Externally Assessed)

In this unit, students will gain skills relating to, and an understanding of, how a marketing campaign is developed. They will examine the marketing aims and objectives for existing products/services and understand the importance of relevant, valid and appropriate research in relation to customers’ needs and wants. They will use given market research data and other information to make recommendations about the type of marketing campaign that a business should undertake, drawing on their learning from across the programme to complete the assessment task.

This unit is assessed under supervised conditions. Students will be given a case study two weeks before a supervised assessment period in order to carry out research. The supervised assessment period is a maximum of three hours.

Unit 3: Personal and Business Finance (Externally Assessed)

This is the largest unit on the course, accounting for a third of the content. In it, students explore the purpose and importance of personal and business finance, understanding why money is important and how managing money can help prevent future financial difficulties. Students will develop an understanding of the financial decisions they will need to take throughout their life and how risk can affect them and their choices. This unit will also provide an insight into where they can get financial advice and support. Additionally, students will develop the skills and knowledge needed to understand, analyse and prepare financial information.

The business finance aspects of the unit introduce students to accounting terminology, the purpose and importance of business accounts and the different sources of finance available to businesses. Planning tools, such as cash flow forecasts and break-even, will be prepared and analysed. Measuring the financial performance of a business will require students to prepare and analyse statements of comprehensive income and statements of financial position.

This unit is assessed by a two hour written examination.

Unit 27: Work Experience in Business (Internally Assessed)

In this practical unit, students will learn about different types of work-related learning and their benefits. They will research and complete forty hours of relevant work experience, and evaluate their performance through a reflective journal. They will learn what information they need before starting the placement, and how the placement can help them to develop key competencies needed for employability, such as self-management, team working, problem-solving and communication skills. The main focus of the placement will be about learning about the expectations of different roles within a business, first-hand.

For more information contact the subject leader:

Mr Gareth Alvarez
galvarez@ilfracombeacademy.org.uk

Content updated November 2017