Level 3 Business Studies

Course Description

Year 13 Business Studies, uses the Lion Foundation Young Enterprise Scheme to facilitate and enable students to have access to greater resources and supports outside of the school environment.

The Lion Foundation Young Enterprise Scheme (YES) is an opportunity for students to unleash their inner entrepreneur and experience the start-up world first-hand. It is an experiential programme where students set up and run a real business. Each YES company creates their own product or service and brings this to market.

Student learning

Through the Lion Foundation Young Enterprise Scheme, students will:

  • Learn how to plan and run a business
  • Engage in entrepreneurial experiences
  • Develop a range of skills to help them in their career and in life
  • Consult with and create networks in their community

There is $25,000 in national prize money up for grabs as well as regional awards,
regional cash prizes and tertiary scholarships. YES students have opportunities to
attend national competitions and events and go on overseas trips.

Course Overview

Term 1
Challenge 1 – Product Validation
Submit evidence that you have validated your product using one of the following:
• Taken a Minimal Viable Product (MVP) to market
• Taken a prototype to your target market

Term 2
Challenge 2 – Pitch
Present a five-minute business pitch to judges from the local business community
During May

Challenge 3 – Promotion
Submit evidence of at least two promotional strategies that you have used to promote
your product or service to your target market.

Term 3
Challenge 4 – Sales
Submit evidence of at least two different ways that you have sold your product or service
during the year.

Challenge 5 – Annual Review
Submit an Annual Review reflecting on your achievements during the year.
This should be 6 – 10 single-sided pages or a 4 – 6 minute video.

Recommended Prior Learning

No prior learning required, a CAN DO attitude is a must and willingness to work cooperatively is vital.


Business Enterprise can lead students in many directions. As well as giving students business skills, they gain experience in running a business and the highs and lows of entrepreneurship.

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

This course is approved for University Entrance.

Total Credits Available: 15 credits.
Internally Assessed Credits: 15 credits.

Internal or
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 91382 v2
Business Studies 3.4 - Develop a marketing plan for a new or existing product
Level: 3
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 6r *
Numeracy Credits: 0
A.S. 91384 v2
Business Studies 3.6 - Carry out, with consultation, an innovative and sustainable business activity
Level: 3
Internal or External: Internal
Credits: 9
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0 *
Numeracy Credits: 0
Credit Summary
Total Credits: 15
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 6
Total Numeracy Credits: 0

Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 15

Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.