business, accounting & financial studies
DESCRIPTION
TRANSCRIPT
Second Consultation1
Business, Accounting & Financial Studies
(BAFS)
Second Consultation2
The Heritage Foundation released its 2005 Index of Economic Freedom. Hong Kong retains its position as the freest economy in the world for the 11th consecutive year.
(InvestHK 2005)
Hong Kong ranked second in 2005 World Competitiveness Yearbook
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Skilled Workforce
Low Taxes
Unrivalled Location
Entrepreneurial Spirit
World Class Infrastructure
International Lifestyle
World’s Freest Economy
Rule of Law
Free Flow of Information
Gateway to China
H K
Advantages
InvestHK
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Rationale
Business and financial activities constitute an integral part of our lives
The four main pillars of Hong Kong economy are financial services, logistics, tourism and producer services
Socially responsible consumers, investors, employees and/or entrepreneurs
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Rationale (Student-Centred)
• BAFS provides a learning platform for students to explore different aspects of business to prepare for life, for learning and for employment.
• To create value through the process of identifying needs, generating ideas and transforming them into business opportunities.
• Generic skills (collaboration skills, problem-solving skills, self-management skills, study skills…)
• Positive values and attitudes (perseverance, national identity, social responsibilities…)
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Ethics
Communication Decision
人人Business, Accounting and Financial Studies (BAFS)
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Interface with Junior Secondary Education
• Students may learn about business through a
broad and balanced TE curriculum
• Different learning domains and extra-curricular
activities provide channels for students to
acquire and apply their business knowledge
and skills
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First Consultation
• Nearly 76% schools planned to
offer BAFS to their students
• About 75% schools agreed with
the rationale and curriculum aims
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First Consultation (Concerns)
Choices for Business Subjects
Breadth & Depth
SBA & Public Examination
Time Allocation
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Liberal Studies
Chinese
English
Mathematics
Core
Elective
PhysicsHistoryetc
HMSCBAFSetc
DesignArts &Media
etc
Theoretical Learning Applied Learning
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PA ComWP & BC
BSPA
BAFS
(compulsory part)
Accounting
(elective part)
Business Management(elective part)
Practical & Computerised
Accounting for SMEs
Logistics Fundamentals
Business Enterprise Start-Up
Taking Off in the Retail World
Basics Event
Operations
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making informed decision for further
studies
SS 1Exploring different inclinations
+ +
SS 2 & 3 Option 1 Option 2 Option 3
Engaging in different areas of interest
or or
Elective X (e.g. ICT,
DAT, …etc.)
BAFS(Compulsory
Part)
Elective Y (e.g. ICT,
DAT, …etc.)
other options
BAFS(Elective
Part) +
other elective subject(s)
BAFS (Elective
Part)+
COC Course(s)
COC Course(s)
+other elective
subject(s)
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Curriculum Framework Curriculum Framework (Total Curriculum Time: 270 hours)(Total Curriculum Time: 270 hours)
Business, Accounting and Financial Studies
Accounting Module
Business Management
Module
Introductionto
Accounting
Introductionto
Accounting
Business Environment
Introduction to
Management
Basics of Personal Financial
Management
Financial Management
MarketingManagement
HumanResources
Management
Compulsory Part
60%
Elective Part
40%
Financial Accounting
Cost Accounting
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人人Compulsory Part
Business ethics
Social responsibilities
Attitudes towards personal financial planning
…etc.
How business decisions affected by business environment
Risks and returns of common financial products
Personal financial planning
…etc.
Effective management
Business communication
Uses of accounting information by different users
…etc.
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人人Elective Part – Accounting
Language of business
Propose appropriate remedial actions to a business
…etc.
Ethical issues in accounting
Importance of integrity of accounting profession
… etc.
Financial statement analysis
Application of accounting information
Cost accounting for decision making
…etc.
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人人Motivation and group dynamics
Importance of harmonious employment relationship
Customer relationship management
… etc.
Ethical issues in e-Marketing
Responsibilities and rights of consumers
Importance of contract in business
…etc.
Elective Part – Business Management
Financial analysis
Capital investment appraisal
Risk management
…etc.
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SUGGESTED TOPICSSUGGESTED PERCENTAGE
OF LESSON TIME (%)
Compulsory Part
Business Environment Introduction to Management Introduction to Accounting Basics of Personal Financial Management
7 9
159
Subtotal About 40%
Elective Part (Students select any ONE module)
Accounting Module
Financial AccountingCost Accounting
4020
Subtotal About 60%
Business Management Module
Financial Management Human Resources Management Marketing Management
181725
Subtotal About 60%
Total (Assumption: Total Lesson Time = 270 hours) 100%
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Public Assessment
BAFS
Hong Kong Examinations and Assessment AuthorityW
ritten Exam
80%
School-based
Assessment 20%
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Learning & Teaching• Emphasises student learning in authentic
contexts
• Student-centred pedagogies which emphasise students’ active learning through authentic tasks
Apply accounting knowledge to prepare financial records and statements for the student union and clubs;
Apply management strategies in organising school events such as open day, school drama, fashion show, singing contest, community services, etc.
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Professional Development Programmes
The programmes are likely to focus on four major areas:
– (A) Understanding and interpreting the curriculum
– (B) Assessment– (C) Learning and teaching strategies– (D) Knowledge enhancement
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The subject questionnaire forsecond consultation
– Curriculum Structure– Assessment
– Professional Development
Programmes
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Looking forward to your feedback
Chief Curriculum Development Officer
(Technology Education)
3 – 5/F., 24 Tin Kwong Road,
Kowloon, Hong Kong
Fax： 2768 8664 ／ 2194 0670
Email： [email protected]
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Thank You