Senior Business

Business provides opportunities for students to develop business knowledge and skills to contribute meaningfully to society, the workforce and the marketplace and prepares them as potential employees, employers, leaders, managers and entrepreneurs. Students investigate the business life cycle, develop skills in examining business data and information and learn business concepts, theories, processes and strategies relevant to leadership, management and entrepreneurship. They investigate the influence of, and implications for, strategic development in the functional areas of finance, human resources, marketing and operations. Students use a variety of technological, communication and analytical tools to comprehend, analyse, interpret and synthesise business data and information. They engage with the dynamic business world (in both national and global contexts), the changing workforce and emerging digital technologies.



A course of study in Business can establish a basis for further education and employment in the fields of business management, business development, entrepreneurship, business analytics, economics, business law, accounting and finance, international business, marketing, human resources management and business information systems.
​By the conclusion of the course of study, students will:
  • describe business environments and situations
  • explain business concepts, strategies and processes
  • select and analyse business data and information
  • interpret business relationships, patterns and trends to draw conclusions
  • evaluate business practices and strategies to make decisions and propose recommendations
  • create responses that communicate meaning to suit purpose and audience.


Unit 1
​Unit 2
​Unit 3
​Unit 4
Business creation
  • Fundamentals of business
  • Creation of business ideas 
Business growth
  • Establishment of a business
  • Entering markets 
Business diversification
  • Competitive markets
  • Strategic development​n
Business evolution
  • Repositioning a business
  • Transformation of a business


Schools devise assessments in Units 1 and 2 to suit their local context. In Units 3 and 4 students complete four summative assessments. The results from each of the assessments are added together to provide a subject score out of 100. Students will also receive an overall subject result (A–E). 

Summative assessments​

​Unit 3
​Unit 4
Summative internal assessment 1 (IA1):
 • Examination — combination response
 Summative internal assessment 3 (IA3):
  • Extended response — feasibility report
Summative internal assessment 2 (IA2):
 • Investigation — business report
Summative external assessment (EA):
 • Examination — combination response