1. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level AS and A level Business 2015 Launch event

2. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level The changes Our approach Our new specification Assessment Support Agenda

3. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level The changes

4. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level For Business from 2015: AS will be a separate, linear qualification An AS grade will not contribute to an overall A level grade The content of the AS is a subset of the A level so you can co-teach A student can sit AS and then go on to do A level but will be assessed on all content at A level AS and A level qualifications 2014201520162017 Current specification Summer series as normal Final AS and A2 examinations New specification Specification in centres First teaching*First AS examinations First A level examinations

5. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Changes for 2015: Qualification name changed to Business Greater emphasis on the application of appropriate quantitative skills in a range of business contexts Assessment of quantitative skills to represent a minimum of 10% of the overall marks AS mathematical content to include ratio analysis and income elasticity of demand Subject criteria

6. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Quantitative skills SkillConstruct or calculate Use and interpret Ratios, averages, fractions Percentage and percentage change Standard graphical forms Index numbers Cost, revenue, profit and break-even Investment appraisal Price and income elasticity Quantitative and non-quantitative information

7. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Our approach

8. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Teachers from a range of schools and colleges – in focus groups, surveys, phone interviews and face-to-face conversations – have provided feedback at each stage. Academics in UK universities have helped us understand how to build on the strengths of the current specifications and advised on how progression to undergraduate study could be improved. We have commissioned and conducted our own research projects, including international benchmarking to identify areas of good practice. Our research

9. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level You told us that students should: Apply business concepts and theories to a range of real-world contexts Develop a holistic understanding of business Apply appropriate quantitative skills to relevant business contexts Engage with business through wider reading and an awareness of the current issues impacting on businesses Develop the ability to build and sustain arguments Our findings

10. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level We have a suite of qualifications for Economics and Business: Two Economics and one Business specifications Developed with and supported by subject experts, including teachers, our experienced examining teams, Ian Marcousé and HE representatives A coherent approach to provide clarity for planning, teaching and assessment Extensive and consistent support for planning and delivering the new courses Our suite

11. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Our new specification

12. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Clear and coherent specification structure Progression, not repetition Problem-solving and dynamic approach Real business focus Reflect today’s global business world Skills for progression Design and content principles

13. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Four themes assessed through three externally examined papers: A level at a glance Theme 1 Marketing and people Theme 2 Managing business activities Theme 4 Global business Theme 3 Business decisions and strategy Paper 1 Marketing, people and global businesses Paper 2 Business activities, decisions and strategy Paper 3 Investigating business in a competitive environment

14. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Two themes assessed through two externally examined papers: AS at a glance Theme 1 Marketing and people Theme 2 Managing business activities Paper 1 Marketing and people Paper 2 Managing business activities The final question in each paper will require students to make connections across the full specification.

15. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Theme 1 and Theme 2 is the same content for the AS and A level qualification… …so even though they are separate qualifications you can co-teach them. Co-teaching AS and A level

16. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level FocusApproach New contentRatio analysis in AS, income elasticity of demand, managing change and scenario planning, Porter Updated content and recent developments The digital economy, the importance of Africa Pre-released contextPre-released context in A level Paper 3 Key content changes

17. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Theme 1: Marketing and peopleTheme 2: Managing business activities Meeting customer needsRaising finance The marketFinancial planning Marketing mix and strategyManaging finance Managing peopleResource management Entrepreneurs and leadersExternal influences Content overview: Theme 1 and Theme 2

18. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Theme 3: Business decisions and strategy Theme 4: Global business Business objectives and strategyGlobalisation Business growthGlobal markets and business expansion Decision-making techniquesGlobal marketing Influences on business decisionsGlobal industries and companies Assessing competitiveness Managing change Content overview: Theme 3 and Theme 4

19. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Assessment

20. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level A levelAS AO1 Demonstrate knowledge of terms, concepts, theories, methods and models to show an understanding of how individuals and organisations are affected by and respond to business issues 20-30%25-35% AO2 Apply knowledge and understanding to various business contexts to show how individuals and organisations are affected by and respond to issues 20-30% AO3 Analyse issues within business, showing an understanding of the impact on individuals and organisations of external and internal influences 20-30% AO4 Evaluate quantitative and qualitative information to make informed judgements and propose evidence-based solutions to business issues 20-30%15-25% Assessment objectives

21. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level A defined taxonomy to provide clarity and consistency across assessments and between series Application of quantitative skills to business contexts Levels based mark schemes that: –focus on the skills students are required to demonstrate –provide a consistent understanding of the skills and connections between these skills for each question type –relate directly to the command words/taxonomy –demonstrate progression between bands –do not rely on subjective statements A broad pre-released context for A level Paper 3 Assessment principles

22. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level A level assessment Paper 1 100 marks 2 hours 35% Two data response questions broken down into a number of parts, each including one extended open response question. Paper 2 100 marks 2 hours 35% Two data response questions broken down into a number of parts, each including one extended open response question. Paper 3 100 marks 2 hours 30% Context pre-released in November. Section A: focus on the broad context Section B: focus on a strand within the context In each section, one data response question broken down into a number of parts, each including one extended open response question.

23. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level A level sample assessment: Paper 1 and Paper 2 Calculate/ Explain Assess 4 x 4 10 x 2 12 x 3 20 x 2 Evaluate Section A and Section B

24. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level A level sample assessment: Paper 3 Assess 8 x 2 10 x 2 12 x 2 20 x 2 Section A and Section B Evaluate

25. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level AS assessment Paper 1 80 marks 1.5 hours 50% Section A: data response question Section B: data response question Section C: extended open response question Paper 2 80 marks 1.5 hours 50% Section A: data response question Section B: data response question Section C: extended open response question

26. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level AS sample assessment: Paper 1 and Paper 2 Define Calculate/ Explain Assess Evaluate 2 x 4 4 x 4 8 x 2 10 x 2 20 x 1 Section C Section A and Section B

27. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level A reduction in the variety of command words used and a consistent application of command words across assessments and between series Skills based mark schemes Pre-released context for A level Paper 3 Key assessment changes

28. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Support

29. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level We will provide you with: A comprehensive Getting Started guide, with detailed guidance on the specification and assessment A course planner, outlining different delivery approaches An editable scheme of work Mapping documents to highlight the differences between the 2008 and 2015 specifications Teaching resources - including support for new areas of the specifications - and student guide Planning and delivery

30. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level We will provide you with information and support to help you understand the standard: Exemplar student work and examiner commentaries generated from work with A level students and centres Understanding the standard

31. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Extra assessment materials for A level for use in formative assessments and mocks Our ResultsPlus service provides the most detailed analysis available of your students’ exam performance so you can identify topics and skills where students could benefit from further learning www.edexcel.com/resultsplus Tracking progress

32. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Events in a timely manner to help you prepare to teach the new specification: Online launch videos to share with your departments Getting ready to teach events in spring 2015 Training from Pearson

33. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Colin Leith and his team will keep you up to date about: training events and support materials news and government announcements affecting our qualifications key dates and entry deadlines new qualifications and resources E-mail: TeachingBusiness@pearson.com Phone: 0844 372 2187 Twitter: twitter.com/PearsonEconBus Subject page: www.edexcel.com/business Subject advisor support

34. Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level Questions?