Business, Accounting & Financial Studies
“Behind every good business is a great accountant.”
Theory and practice
Teachers bind academic concepts with daily life examples in curriculum planning, the application of various financial ratios in the stock market and application of insurance for instance. This helps students apply what they learn and enhance learning motivation. Students utilize the terminology of accounting and generic knowledge of business, perform financial analysis of listed companies in Hong Kong and make suggestions on their business plans. In the simulation business course, senior students also write business proposals and financial reports.
Self-directed learning through e-learning platform
Before each Monday, students log on to SCHOOLOGY and complete the pre-lesson tasks, which include clip viewing, webpage or textbook reading, followed by relevant questions to be answered. Through the above small tasks, students can have a preview regarding some more challenging topics, where learners’ diversity is catered for and self-directed learning is promoted.
Error Book
An error book is kept by each student where they jot down their mistakes made in class work, homework, tests and examinations so as to avoid the same mistakes. Teachers review and leave comments on the error books and let students improve their organizational method systemically.
Online Question Bank (OQB)
Assessment for learning: Based on the results of multiple assignments, teachers can use the system to systematically analyze student performance and understand the performance of the whole class or individual students on different topics and in-depth exercises to optimize teaching and learning and enhance student learning.
Assessment of learning: Students can analyze their relative performance in different areas of knowledge to find ways to improve. OQB can also record the questions that students have done wrong so that they can easily generalize their mistakes and learn better.
Clip-making project to promote active learning
To facilitate active learning, S4 students are required to make clips of no more than 3 minutes individually or in groups periodically. The clips are subject-related, the best of which are to be uploaded to the learning platform for other BAFS students’ references. The process not only strengthens the understanding of the subject content, students’ interest in learning can also be ignited through refining their skills in clip editing.
Junior Forms
Talk on money management
Every year, form-based talks or workshops about money management are organized to equip S1 to S3 students with the basic concepts concerning finance management and career planning for their future needs.
“Dream to Launch” Experiential Day Camp
Every year, more than ten S3 students participate in “Dream to Launch” Experiential Day camp sponsored by Citi Foundation and co-organized by Citigroup and EDB. Upon completion of the camp, participants have to engage in a follow-up programme initiated by Eternal Flame Action. They have to share what they have gained from the day camp with other schoolmates.
Senior Forms
HKCC Business Excellence Contest
Every year, S4 BAFS students join the Business Excellence Contest run by The Hong Kong Polytechnic University – Hong Kong Community College (HKCC), which is an annual case-study contest. Teamwork, creativity, critical thinking skills , communication skills and presentation skills come into play. Concepts and skills specific to business disciplines are also consolidated. In the past few years, our school teams have been awarded “Judges’ Commendation”.
Big Sale Day
Through the collaboration with the Economics Department and the Student Union, the Big Sale Day offers students a chance to run a business at school on the day before the School Anniversary Celebration. Each class of S4 and S5 has to operate a shop. BAFS students write business proposals and financial reports before and after the event respectively. This offers a chance for them to apply what they learn in class in practical situations.
The HKICPA Accounting and Business Management Case Competition
Every year, all S5 BAFS students have to participate in The HKICPA Accounting and Business Management Case Competition. In this competition, our students can apply accounting theories to business development and improve their enabling skills as required in today’s business world. In the past years, our students have been commended as “Outstanding Teams”.
Folk Story Youth Entrepreneurship Competition
Every year, BAFS collaborates with Liberal Studies and Economics Departments to facilitate teams of students to join the Folk Story Youth Entrepreneurship Competition held by Tung Wah Group of Hospitals Jockey Club Tai Kok Tsui Integrated Services Centre. With the guidance of the judging panels and mentors, contestants learn and experience how to start and run a business. It offers a golden opportunity for them to demonstrate outstanding creativity in their product designs and promoting techniques.
Wofoo Millennium Entrepreneurship Programme
Working with the Liberal Studies Department, we nominate S4 students to join Wofoo Millennium Entrepreneurship Programme (MEO) annually. Each team is required to submit a business proposal and present their ideas at the final. In order to help students get better equipped in business proposal writing, seminars on business strategies, theme-based workshops and visits to corporations are conducted throughout the programme.
Other Life-wide Learning activities
Hong Kong Liberal Studies Financial Management Quiz Contest
S4 to S6 students are encouraged to join the online quiz contest with a view to equipping them with the correct knowledge and attitude in finance management and promoting self-directed learning with information technology.
Hong Kong Secondary Students Marketing Competition
Senior Secondary students’ participation enables them to receive first-hand knowledge and apply what they have learnt.
Visit to Hang Seng Bank
Students can understand the operation of the banking system.
“Plan for the future” Life Planning Activity
All S4 students undergo this career planning activity so as to learn how to build up the right concept and attitude towards financial management and planning through experiential activities.
The Chinese University of Hong Kong
- As a collaboration with the Student Affairs Committee, selected BAFS students attend the mentorship program run by the CUHK Business School.
- Participating students can meet their assigned mentors who take up senior managerial posts bimonthly. They can also visit corporations and attend business meetings and mock interviews.
Hong Kong Institute of Certified Public Accountants
- Every year, HKICPA pays a school visit and delivers a seminar introducing the field of accounting and the examination for S5 BAFS students. An introduction to their BAFE examination is also included. All these enable students to have a better understanding of the development of the industry and a good preparation for the HKDSE.
Professional Development
- Teachers discuss major concerns in the professional development meeting annually. This includes discussion on strategies for students to avoid common mistakes, analysis of assessment data that facilitate learning.
- Furthermore, our department also conducts mini-lesson studies, which include question type identification, teaching plan formulation, open classroom and lesson observation to enhance learning and teaching effectiveness constantly.
- Starting from the 18-19 academic year, our department has worked with Carmel Secondary School on mini-lesson studies for the sharing of ideas regarding learning and teaching. The first topic of study was “correction of error” in the accounting module since students typically find this topic challenging. Teachers share their experiences and difficulties and work together on a better teaching strategy for this topic.