Course Content

Both the Higher and National 5 course have the same mandatory units:

1. Understanding Business

Pupils will learn about sectors of industry, sectors of the economy, objectives, customer service, growth, internal groupings and structures, decision-making, internal and external factors, stakeholders and corporate culture.

2. Marketing and Operations

Pupils will learn about the role of the Marketing department, market research, marketing mix (7ps), public relations, role of the Operations department, stock, methods of production, quality and ethical and environmental.

3. Finance and Human Resources

Pupils will learn about the role of the Finance department, sources of finance, break-even, cash flow and budgeting, final accounts, ratio analysis, role of the Human Resources department, recruitment and selection, training and development, motivation and leadership, employee relations and employment legislation.

Course Assessment

Pupils will be assessed through a combination of a Business Management question paper (exam) and a business-related assignment (project). The question paper will require demonstration of a depth of knowledge, understanding and skills accumulated from across the course. For Higher, this is worth 70% of the final mark. The business-related assignment involves looking at a business and analysing a particular area of the business. For Higher, this is worth 30% of the final mark.

Career Pathways

What can you do with a qualification in Business Management?

• Accountancy

• Stockbroker

• Logistics

• Management

• Human Resources

• Economics

• Insurance

• Sales

• Tax

• Banking

• Marketing

• Teaching