Level 3 Business Studies
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Subject Description
Teacher in Charge: R. Birch.
COURSE OVERVIEW
This course is exemplary for educating students on the fundamentals of business practice and is open to all learning capabilities. It is hugely beneficial if you have taken Level 2 Business Studies already, however not a requirement.
This course includes, product development, marketing, promotions, sales, financials and logistics. This course provides fantastic resources to support student learning for success. Students work in groups or independently on running their own innovative, ethical and sustainable businesses online and/or within the local community. They then create a promotional campaign on Instagram or Facebook to promote their product. Students achieve 15 credits by following this process.
This is a university approved subject.
Make a Product
The assessment aspect of this requires students to work within a business group of their choice or independently. Students are required to prepare a business plan which covers all components of a business model and gives focus to creative ideas, sustainability and ethical decision making. This is a full year assessment and is worth 9 credits.
Promote Your Product: 'Insta' Assessment
Marketing is a 10 week internal assessment which requires business groups to complete a marketing campaign to promote their product to a target audience and is worth 6 credits.
Optional External
A.S. 91380 v2 Business Studies 3.2 - Demonstrate understanding of strategic response to external factors by a business that operates in a global context - 4 credits
This external standard is offered for students as an optional/ extra standard decided after consultation with Mr Birch. It is expected students are not entered for more than 18 credits except for exceptional circumstances so most likely this would be in lieu of another standard.
This standard focuses on international business and strategic responses to external factors. Students undergo a case study on a specific NZ business that operates in a global context and they are expected to use this content within the examination.
Entry Guidelines
The best preparation for this course is to study Business Studies or Economics at Level 2. Entry without meeting this can be discussed with the Teacher in Charge or Head of Faculty
Contributions and Equipment/Stationery
Initial investment of about $100 to kickstart student's own business. Any costs after that are not expected but might be necessary.
Pathway
University Degrees majoring in any of the following:
management/ marketing/ economics/ accountancy, IT, law, statistics, market research, communications.
NMIT: Business Diploma
Other significant Level 4 Business Courses
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is approved for University Entrance.
External
NZQA Info
Business Studies 3.4 - Develop a marketing plan for a new or existing product
NZQA Info
Business Studies 3.6 - Carry out, with consultation, an innovative and sustainable business activity
Approved subject for University Entrance
Number of credits that can be used for overall endorsement: 15
Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.
Pathway Tags
Marketing Manager, Marketing Executive, Sales Manager, Banker, Market Researcher, Advertising, Sports Marketer, Events Manager, Teacher, Small Business Manager, Financial Analyst, Product Manager, Product Development, Human Resources Advisor, Recruitment Manager, Entrepreneur (in your own business), Journalist, Investment Banking, Retail Buying, Retail Management, Public Relations Officer, Bank Management, Distribution & Logistics Management, Insurance Underwriter, International Market Developer, Property Manager, Property Valuer, Property Developer, Insurance Underwriter,
Disclaimer
An individual course will only run if sufficient students are accepted into the course.
All approvals for courses through this system are subject to satisfactory achievement in remaining internal standards and external examinations. Course Confirmation Day will run at the start of next year, where final approval for each course will be confirmed.