Business - Accounting and Finance - BTEC Level 3
About this course
Have you thought about how important money is to a business? How does a business calculate whether it's made a profit or a loss? How does accounting assist managers in making business decisions?
This course will develop your understanding on how important money is to a business. Owners and managers need to keep a close eye on their finances to ensure that enough money is coming in to cover and preferably exceed the amount of money going out.
You will learn how to draw up financial records for a business, so that at the end of a year it can work out if it has made a profit or a loss and also calculate what the business is worth. This is a practical work-related course which will also include a wide range of topics such as Economics, Law, Marketing, Business Ethics and Human Resources.
You will examine major businesses such as McDonalds, Amazon, Manchester United, Oxfam, Apple, Tesco and other businesses you will be familiar with.
Throughout the course, you will have the opportunity to take part in a number of visits, to help with your knowledge and understanding of business concepts. You will be visiting businesses including Manchester United and Alton Towers.
What will I learn?
During your course you will study units such as 'Starting a Small Business' where you will develop your own business idea.
Units with an economics focus, such as 'The Business Environment', 'International Business and 'Business, Markets and the Economy,' will develop your understanding of the external factors that can affect all businesses.
In the second year of your course you will have the opportunity to attend sessions to develop your employability skills, these sessions are run by KPMG and Sainsbury's. In addition, Barclays Bank runs a session on Personal Finance which will help you to manage your own money.
How will I be assessed?
All units are internally assessed by completing assignments.
What do I need?
- 5 GCSEs at Grade A*-C including English and Maths at grade 4 (grade C)
In certain circumstances we will accept variations to this entry guide and create a personalised programme.
Where can it take me?
- Halesowen College - Business, Business & Law HNC/D or a range of higher level courses including professional qualifications such as those offered by the Association of Accounting Technicians and the Chartered Management institute
- University Progression - degree level courses including Business Management, Accounting, Marketing, International Business, Business Banking and Finance
- Careers - business, finance, human resources management or marketing as well as other related careers