Business Studies helps students learn how to make informed decisions in the everyday business of living. It gives a better understanding of the world of work. It encourages students to think about how and why people start up in business and why they should consider being their own entrepreneur.
What will I learn in Business Studies?
Three main business topics, Accounting (30%), Business (40%) and Economics (30%)
- How to collect and record financial information for themselves, family, clubs and for a business
- What their rights and responsibilities as a consumer are
- How to calculate wages and wage related taxes
- Good communication skills such as presenting, letter writing and report writing
- How to open a bank account, write cheques, calculate interest on your savings
- What finance options you have and how to calculate the cost of overdrafts, loans and Hire Purchase
Is learning Business Studies anything like what I did in primary school?
The work you did in English will be a good help to you in letter and report writing. Your mathematical skills will help you to calculate wages, exchange rates, interest on savings and the cost of loans. Your knowledge of Ireland and the European Union from SESE (Geography) will also be of help to you in studying Business Studies for Junior Cycle.
Will Business Studies have anything to do with other subjects I will be studying?
Yes there are links with Mathematics, English, Geography and Home Economics. ICT skills will also be of use to you in Business Studies.
Possible Career Opportunities: Business Management, Banking, Marketing, Insurance, Sales, Accountancy and Economics.
How is Business Studies assessed at Junior Cycle?
Business Studies is now a Common Level exam
- The written exam in June of 3rd year is worth 90%
- The CBA2 (December of 3rd Year) is worth 10%.