GCSE 2009 - Delivering the new specification in September 2009

1. GCSE 2009 - Delivering the new specification in September 2009 Applied Business

2. Single and Double Award routes Restructured content Restructured subject criteria and assessment objectives How coursework is assessed What are the main differences? Main differences

3. Retained approach to assessment The mix of internal and external assessment still features. The internal 'coursework' assessment approach of existing units 1 and 2 is retained. The external approach to assessing finance (the current unit 3) has also been kept Retained content Much of the content of existing units 1 and 2 is retained, together with their investigative nature. Most of the content for the current unit 3 is also kept Progression BTEC & A Level (incl. Applied) So what’s changed? No change

4. Overview of the specification

5. The specification – units for both single and double awards Unit one Unit two Investigating How Businesses Work Financial Records Investigating the flow of financial documents used in business trading What is a business and what do businesses do? Investigating business payment methods and costs How are businesses organised? Investigating the nature of financial statements in business Why are stakeholders so important? Investigating the importance of financial statements to business

6. The specification – double award units only Unit three Unit four Investigating People, Business and Change Financial Planning and Forecasting Investigating business cash-flow forecasts Why are people so important? Investigating business budgets How do businesses develop? Investigating break-even analysis in business Investigating sources of business finance and financial planning What are external factors?

7. Terminal Rule – in GCSE 2009 QCA has a Terminal Rule for unitised qualifications. Unitised qualifications offer individual unit assessment. Candidates are able to resit each unit once. The rule states that: • at least 40% of the assessment must be taken in the final exam session • the final exam session is the session in which candidates are claiming their award. • the results from these terminal attempts must be used for the calculation of the final grade.

8. How will the changes to coursework affect how I teach? For both coursework units, students select two businesses to research (one local and the other either national or international), and you will help guide students to find appropriate businesses to research in order to contextualise the task set Practical assessment now under controlled conditions You make all the assessment decisions by marking the candidates' work using the assessment criteria specified in the marking grids you will find in the specification You make assessment decisions • Task setting – high level of control • Research - limited control • Analysis and evaluation - medium level of control Clear guidance

9. Controlled Conditions • Task Setting • High • Task Taking • Low for research; • Medium for written sessions • Task Marking • Medium

10. Controlled Conditions - Implementation • Candidate guidance – research and choices • Written sessions and supervision • Keeping it ‘controlled’

11. Unit One – Investigating How Businesses Work 5AB01 3 topic areas: • What is a business and what do businesses do? • How are businesses organised? • Why are stakeholders important?

12. Sample Task (Unit 1) 1 (i) Give a presentation in a suitable format on the two business organisations you have selected. Within this you need to: • explain the reasons for your choice of businesses and briefly explain how you planned and carried out your research • describe and compare the aims, objectives, purpose, activities and main competitors for each of the two businesses investigated • To what extent are the aims and objectives of one of the businesses being met? Justify your answer • produce a bibliography of sources used

13. Sample Tasks (Unit 1) cont. 1.2: • What is the most significant form of communication used in your chosen business and to what extent does it help the functional areas to work together? 1.3: • Who is the most important stakeholder to the business you have chosen? Justify your response.

14. Investigating People, Business and Change 5AB03 3 Topic Areas: • Why are people so important? • How do businesses develop? • What are external factors?

15. Sample Task (Unit 3) You are required to carry out an investigation of the customer services of one of your chosen organisations and present your findings in a suitable format to cover: how the business meets customer expectations how customer service is measured and monitored Again, with reference to one of the organisations investigated explain how it: recruits and trains its employees After researching the various job roles and working arrangements of one of your organisations: prepare a CV and evaluate its key features present a chart showing a number of key job roles and their associated working arrangements

16. Looking at the Exams GCSE in Applied Business Single and Double Awards

17. TWO NEW FINANCE PAPERSA whistle-stop overview • Unit 2: Unit code 5AB02 Financial Records (single and double award) First assessment June 2010Available January and June thereafter • Unit 4: Unit code 5AB04 Financial Planning and Forecasting (double award only) First assessment June 2010Available June thereafter

18. How does this compare to the ‘old’ applied course? • UNIT 2: Financial Records • ‘recording past financial information’ • New content - Financial ratios • UNIT 4: Financial Planning and Forecasting • ‘looking forward financially’ • Some existing content is expanded - e.g. budgeting

19. What will be the format? • Both exams are untiered • Targeted at students across the full ability range A* - G. • Six compulsory questions • Short and extended answer questions totalling 60 marks • One hour duration • All topics of each Unit are tested in each Series. • Questions based on a given business scenario • Papers are marked ‘on-line’ with EPEN

20. What do we see - what are the nature of the questions? • An opening scenario is given with structured questions • Templates used: e.g. Profit & Loss + Cash Flow • Select from alternatives: e.g. documents, payment methods • Simple to complex: e.g. ‘Incline of difficulty’ + developed answers at end, targeted at A*

21. Grading questions and awarding marks • QCA Assessment Objectives: • AO1: knowledge and understanding • AO2: application • AO3: selection/analysis and evaluation • (See page 60 of the specification for full details)

22. Activity Four NEW - Quality of Written Communication

23. Quick Exam Assessment Overview • Unit 2: • Compulsory for all • 40% of the single award, 20% of the double award • Unit 4: • 20% of the double award marks Teacher’s Guide page 17

24. Helping the students • Variety of approaches • Preferred learning styles: an active (vocational) approach is encouraged • Reinforcement • Tests, quizzes • SAMs • Past 5308 papers

25. Delivering the units • Influence/availability of resources: • Current textbooks – these include • Barrett (Nelson Thornes) • Carysforth and Neild (Heinemann) • Denby and Thoma (Hodder & Stoughton) • Fardon, Nuttall, Prokopiw (Osborne) • Jones, Raffo and Hall (Pearson) • Surridge (Collins) • A new textbook and student book will be available from Edexcel Spring 2009 www.edexcelgcse.co.uk/appbus

26. Looking at Unit Two GCSE in Applied Business Single and Double Awards

27. Unit Two Content OverviewCompulsory unit for all students

28. What’s New in Unit Two? • understand the difference between cash and profit/liquidity and profitability; • comment on profit or loss calculated and on asset and liability totals; • calculate the following ratios from given formulae: gross profit margin, net profit margin, return on capital employed, acid test ratio, current ratio, and comment on the results of these and other calculations

29. Looking at the Sample Assessment Materials • Look at Unit 2 in the SAMs on pages 21 – 23 • New look front page to the exam • Similar in style and format to 5308

30. Looking at Unit Four GCSE in Applied Business Single and Double Awards

31. Unit Four Content Overview

32. What’s New? Some existing 5308 content has been expanded - e.g. budgeting (See page 54 of the specification)

33. Looking at the Sample Assessment Materials • Look at Unit 4 in the SAMs on pages 63-65 • Again a new look front page to the exam • Again similar in style and format to 5308

34. Any Questions?

35. What are we doing to help you? Dedicated linesRegional Offices Stay alert Published Resources eg Activity Guide ResultsPlus GCSE Specification& Accessible Assessment Ask Edexcel CurriculumDevelopmentManagers Support for Controlled Assessment Ask the Expert expert@edexcel.com Training from Edexcel Ask edexcel

36. Detailed analysis on performance in each question on each exam paper Access for students Secure internet access to their Edexcel grades and scores ‘Gradeometer’ Links to helpful information for guidance and support • Comparison with: • Similar centres • Previous years • Performance per: • Subject, class, paper, question or individual learner • Subject grade • Breakdown by tier or specification

37. Edexcel Published Resources Highly respected authors Direct links to the specification Engaging student & teacher resources Free evaluation pack We will also endorse other publisher materials

38. What do I need to do next? Working with Edexcel for 2009? Let us know on your feedback form Need more information – Use our support services or ask your Curriculum Development Manager Sign up for e-mail alerts for your subject www.edexcel.com/gcse2009 Complete an Intention to Offer Form to be kept up-to-date

39. Examiner Recruitment Subjects that we are recruiting for Citizenship, Economics, English General Studies, History Modern Languages, Religious Studies. Your benefits as an Examiner Insight into the examination process and the standards required Improvement of your knowledge of the subject and qualification areas Meeting other colleagues Being paid for the work and the training you undertake Examination Process Before you start examining, you will take part in a training activity. This is either completed online, or you may be asked to attend a standardisation meeting. You will be given a date on your contract when your examining should be completed. Average allocation takes around 40 – 45 hours to complete. To apply please visit: www.edexcel.com/aa-recruitment

40. Thank you for taking part