Business Studies

Business studies is offered in our school as an optional subject to incoming first years.

Business Studies helps you to make more informed decisions in the everyday business of living. It gives you a better understanding of the world of work. It encourages you to think about how and why people start up in business and why you too might also consider starting a business.

The new Junior Cycle focuses on improving students' understanding of the business environment and on developing skills for life, work and further study through the three inter-connected strands: Personal Finance, Enterprise and Our Economy. Click on the link to see the Specification. https://curriculumonline.ie/Junior-cycle/Junior-Cycle-Subjects/Business-Studies/Rationale

The old Junior Certificate Business Studies course covers the everyday business of living, contributing to an understanding of the world of business and encouraging a positive attitude to enterprise and developing appropriate skills.

The syllabus consists of four main interrelated sections:
(a) The business of living - this would include such topics as personal finance, consumer education, insurance, money and banking.
(b) Economic Awareness - this is an elementary introduction to economics and its importance in society. Topics would include national budgeting, foreign trade, European Union.
(c) Enterprise - this would include business orientated topics such as advertising, marketing, forms of business.
(d) Book-keeping/Accounts – this would include preparation of books of first entry, posting to ledger accounts and extracting a trial balance.  It would also include the preparation of Final Accounts for a company and service firm.

The value of this subject may be considered from two aspects. Firstly, it provides a broad general knowledge of accounting and business of value and relevance to any adult, but particularly useful to someone going into a business type career on leaving school. Secondly, it lays a suitable foundation for studying the business studies subjects (Accounting, Business, Economics) at Leaving Certificate and perhaps later at Third Level, or for entry to professions such as Accountancy.

How will Business be useful to me? Three subjects follow on from Junior Certificate Business Studies in Leaving Certificate: Accounting, Business, and Economics. Each one becomes more specific and allows you to concentrate more on the subject area you choose. If you wish to study any of these subjects for the Leaving Certificate, it would be advantageous for you to have studied Junior Certificate Business Studies.  The following link gives a detailed syllabus of the course. https://www.curriculumonline.ie/getmedia/fb629c5b-f6e5-4193-ad4c-faf0e3c704c9/SCSEC08_Business_syllabus_Eng.pdf

Business for Senior Cycle: Business in Leaving Certificate is offered as an optional subject in St. Mary’s. It is concerned with the understanding of the environment in which business operates in Ireland and the wider world. It involves providing the students with a positive view of enterprise and its applications in the business environment.  The following link outlines the syllabus for business: http://www.curriculumonline.ie/uploadedfiles/PDF/lc_business_sy.pdf

Accounting in Senior Cycle: Students can also opt for accounting in the Leaving Certificate which provides students with a good understanding of both financial and management accounts.  Many students on completion of the syllabus then pursue college courses in business and careers in accountancy. The following link outlines the accounting syllabus:

https://www.education.ie/en/Schools-Colleges/Information/Curriculum-and-Syllabus/Senior-Cycle-/Syllabuses-and-Guidelines/lc_accounting_sy.pdf

 

Useful links:

http://www.business2000.ie/

http://www.bbc.co.uk/schools/gcsebitesize/

http://www.examinations.ie/index.php?l=en&mc=en&sc=ep