Bstai (journal 2014) [prf3]

ISSUE 31 CONFERENCE EDITION
28th National Conference 2014
SHARING BEST PRACTICE
IN BUSINESS EDUCATION
2014
NOV
RADISSON BLU, GALWAY
SATURDAY 15th NOVEMBER, 2014
Keynote Speaker:
Dr. Constantin Gurdgiev
CURRICULUM RELATED WORKSHOPS

28TH NATIONAL ANNUAL CONFERENCE
CONFERENCE SCHEDULE
9.00 – 9.30: Registration, tea/coffee/networking and opportunity to view sponsors’ stands
9.30 – 9.45: Opening remarks and welcome from Honorary National President, Jennie
Harrington
9.45 – 10.45: Keynote Speaker, Dr. Constantin Gurdgiev
10.45 – 11.00: Tea/coffee/networking and opportunity to view sponsors’ stands
11.00 – 11.40: Workshops, session 1*
1.00 – 2.00: Lunch
2.00 – 3.00: Professional Development Service for Teachers (PDST): Overview of PDST
support for the business suite of subjects and updates, Updates on the
hyperlinked schemes of work and active methodologies, Integrating ICT and
an overview of PDST websites
3.15 – 3.30: Closing remarks, distribution of conference USB with a copy of all resources,
conference evaluation
* Workshops include:
PDST: Literacy in the Accouting/Business/Economics classroom
PDST: Numeracy in the Accounting/Business/Economics classroom
Accounting: Interpretation of Accounts, Mr. Alan Ryan
Business: ABQ 2015 – Units 2, 3 and 4, Mr. Padraig Doherty
Business: Revision for analysis questions in Section 1 and Section 3, Mr. Jerry McCarthy
Economics: Approaches to teaching Economics, Mr. Pat Younger
Economics: Methodologies for teaching Economics in Transition Year, Ms. Trudie Murray
ICT: Benefits of using blogs/class website in the Accounting/Business/Economics/Business
Studies classroom, Mr. David Walsh
Message from the President
In my final year as National President I would like to welcome you all
here to our 28th BSTAI National Conference in Galway entitled ‘Sharing
Best Practice in Business Education.
We have put together an interesting mix of workshops for you to attend
and I hope you gain valuable tips and methodologies which you can
bring back to the classroom. I would like to thank all our presenters for
their work involved in preparing and presenting the workshops here today. I would also
like to extend a warm welcome to Economist Constantin Gurdgiev who is our keynote
speaker and to the PDST their plenary session on active teaching methodologies and
hyperlinked schemes of work.
I would like to thank the BSTAI National Executive for all their work in organising this
conference, particularly our Conference Treasurer Ultan Henry, our Journal Editor Mary
Campbell and to Siobhan O Sullivan and Joan Martin for all their work with Conference
registration. Finally, I would also like to take this opportunity to thank all of our sponsors
whose continued support is much appreciated by the BSTAI.
I look forward to meeting you all during the weekend. I hope you enjoy the conference
and you return to school re-energised with new ideas and methodologies. I wish you all
success for the remainder of the academic year.
03
Best wishes,
Jennie Harrington
Honorary National President BSTAI

Message from the Editor
Welcome to the 2014 conference edition of the BSTAI newsletter. I hope you will
find the content both interesting and useful. The theme of this year’s conference
is “Sharing Best Practice in Business Education”.
I would like to this this opportunity to thank all those people who contributed to
this year’s journal. A big thank you to all who took the time and effort to submit
articles. Bearing in mind this year’s theme of “sharing” I would like to invite
and encourage BSTAI members to contribute to future editions of the journal.
It is important as a subject association that we acknowledge the hard work and contributions our
colleagues have made over the years and the journal can provide a forum for us to do that.
I would also like to thank all those branches who sent photos and news updates.
A sincere thanks to Jennie Harrington, Honorary President, who has been untiring with her work
on behalf of the association, her help and support putting this publication has been very much
appreciated. I would also like to extend a special word of thanks to Ultan Henry, conference
treasurer, for effortlessly carrying out the demanding task of liaising with our sponsors.
Thank you to the members of the BSTAI National executive for their assistance and guidance in
putting together this year’s journal.
Best Wishes,
Mary Campbell
Mary Campbell
Journal Editor
Keynote Speaker - Dr. Constantin Gurdgiev
Dr. Constantin Gurdgiev is the Adjunct Assistant Professor of Finance with
Trinity College, Dublin. He also serves as a co-Founder and a Director of the
Irish Mortgage Holders Organisation, Ltd, IBRU Venture Capital Holdings, and
the Chairman of Ireland Russia Business Association.
In the past, Dr. Gurdgiev served as the Head of Research with St. Columbanus
AG (Switzerland), the Head of Macroeconomics with the Institute for Business Value, IBM,
Director of Research with NCB Stockbrokers, Ltd, and Group Editor and Director of Business
& Finance Publications.
Born in Moscow, Russia, Dr. Gurdgiev was educated in the University of California, Los
Angeles, University of Chicago, Johns Hopkins University and Trinity College, Dublin.
05

BSTAI Business Achievement Awards 2014
Four students from various secondary schools around
the country were awarded with gold medals for their
outstanding achievements in business studies in last
year’s Junior and Leaving Certificate.
The Business Studies Teachers’ Association of Ireland
(BSTAI) Achievement Awards 2013,was hosted by the
Irish Banking Federation at their offices in Nassau Street,
Dublin. These awards recognise the achievements of
students in Accounting, Economics and Business at
Leaving Certificate Level and Business Studies at Junior
Certificate Level.
The winners were presented with their medals by David Duffy, President, Irish Banking Federation (IBF),
Jennie Harrington, Honorary President, BSTAI, Pascal Donohue, T.D., Minister of State for European
Affairs.Four students were presented
Congratulations to the students, their teachers and their schools.
07
LEAVING CERTIFICATE BUSINESS
Student: Jason Banville
School: St Mary’s CBS,
Enniscorthy,
Co Wexford
Teacher: Mr Kevin Ryan
LEAVING CERTIFICATE ECONOMICS
Name: Cathal Ó Dulacháin
School: Colaiste Eoin,
Bothar Stigh Lorgan,
Baile An Bhothair,
Co Dublin
Teacher: Mr Rónán Murdock
LEAVING CERTIFICATE ACCOUNTING
Name: Jamie Hannon
School: The Intermediate School,
Killorglin,
Co Kerry
Teacher: Ms Sheila Kingston
JUNIOR CERTIFICATE BUSINESS
STUDIES
Name: Cathriona Murphy
School: Maria Immaculata Community
College,
Dunmanway,
Co Cork
Teacher: Ms Claire Kelly

09
The European Commission Representation in Ireland
The European Commission Representation in Ireland, located in
Dublin city centre, welcomes group visits from secondary schools.
We provide presentations and interactive resources on the European
Union policies and institutions, the EU decision-making process and
the impact of EU membership in Ireland. A wide range of
publications and classroom materials is available free of charge.
Our office is located in Dublin city centre, within walking distance of
Leinster House, the National Museum and the National Library.
For more information:
Go to www.euireland.ie and click on Schools.
Or contact our Education Officer
Joan Flanagan joan.flanagan@ec.europa.eu
European Commission
Representation in Ireland,
18 Dawson Street, Dublin 2
Tel: (01) 634 1111
Fax: (01) 634 1112
Website: www.euireland.ie/schools
Retirement of former President Mary O’Sullivan
Mary O’Sullivan is a native of Castlerea,
Co. Roscommon. She studied Commerce at
UCG and followed this with a Higher Diploma
in Education. Following her university studies
she began teaching in Scoil Mhuire gan Smal, in
Blarney, Co. Cork where she worked until her
recent retirement.
Mary taught business studies, accounting,
business, economics and LCVP. Her assistant
principal post in the school was programme co-ordinator
which included LCVP. Down through the
years Mary inspired countless students with her
enthusiasm and knowledge. Many of her students
went on to become successful entrepreneurs
and businesspeople. As well as teaching the
business subjects Mary was involved in several
business-related projects. She organised a school
bank, quizzes for CIMA and Business 2000, to
name but a few. She also raised considerable
funds for charity running fashion shows with
her LCVP students in the school. Mary was also
considerably involved in extra-curricular activities.
She set up the Comenius project in her school in
1996 and she also ran international school tours
and skiing trips visiting such places as Paris,
Rome, Stockholm, Barcelona and Switzerland.
Mary became involved in the BSTAI in 1995 when
she became chairperson of the Cork branch
and served as chairperson until 2007. The Cork
branch of the association is one of the biggest and
most vibrant branches and needless to say Mary’s
work leading the branch over these twelve years
has very much contributed to this. She leaves a
great legacy to the branch.
As well as chairing the Cork branch Mary made
a huge contribution at national level in the
BSTAI. She joined the national executive in
1995 and remained on the executive until her
retirement from teaching this year. During her
time on the national executive she served as
national treasurer, conference treasurer, AEEE
representative and in more recent years she
served on the NCCA business studies syllabus
committee. She contributed to the organisation
of several national conferences including one
hosted by the Cork branch in 2006. She was one
of the organisers of the AEEE conference when
it was held in Cork in 1996. She acted as BSTAI
examination spokesperson for leaving certificate
business and for junior certificate business
studies. Of course the highlight of Mary’s work
on behalf of the association was when she had
the honour of being elected honorary national
president from 2008-2011. During this time
she represented the association at countless
ceremonies, events and meetings. The highlight of
these would have been our national conferences,
national awards ceremonies, and the awards
ceremonies hosted by various third level colleges
throughout the country. As well as serving as
national president, Mary was also always available
to help out at BSTAI events over the years both at
a local and national level. Her energy, knowledge
and commitment to business education were an
inspiration to all.
During her many years of dedicated teaching
and dedication to the BSTAI Mary also managed
to have a very full life outside of education, both
in her adopted home of Cork and in her native
Castlerea. She particularly enjoys sailing, golf,
swimming and bridge and we envy her newly-acquired
free time to pursue these and many
other interests. The BSTAI wishes to thank Mary
for her outstanding work for the association at
both a local and national level. In particular, to
have served as our president involved a great
commitment on her part. The BSTAI wishes her
the very best for a long and happy retirement.

Retirement of National Executive Representative
Sr. Mary O’Connell
Sr. Mary O’Connell was born in Burrane,
Killimer, Co.Clare. Educated in Killimer
NS and Mercy Secondary School, Kilrush,
Co. Clare, she entered the Mercy Sisters in
Nenagh, Co. Tipperary in 1966 and three years
later completed her Novitiate in Westbourne,
Limerick. Following this she studied Commerce
in UCG from 1969-1972 and completed a Higher
Diploma in Education in UCC in 1973.
Mary began her teaching career in St. Mary’s
Secondary School, Nenagh where she taught for
five years. Here she was a member of the team
that worked with Transition Year when the project
was first introduced into second level schools in
Ireland. Mary taught in St. Joseph’s Secondary
School, Tulla, Co. Clare for three years before
she moved to St. Joseph’s Secondary School,
Kilkee. In 1990 St. Joseph’s Secondary School and
Kilkee Vocational School amalgamated as Kilkee
Community College, under Clare VEC. She served
as deputy principal of the new Kilkee Community
College for eight years from 2006 until her
retirement in 2014.
Mary taught business studies, accounting, maths,
religious education, economics, European studies
and LCVP during her teaching career and inspired
countless students over the course of this career.
One of many achievements during her teaching
of the business subjects was when her senior
accounting students were crowned national
winners of the CIMA competition in 1990. Mary
also engaged enthusiastically in a wide variety
of extra-curricular activities cultural, sporting
and environmental - the many trips to the Burren
Outdoor Education Centre being a highlight of
such environmental outings.
Mary became involved in the BSTAI at an early
stage in her career, joining the Ennis branch in
1977 and later the Limerick branch. During the
1990’s she served as secretary of the Limerick
branch for a period of eight years. She was a
delegate on the national executive of the BSTAI
for many years until her retirement this year. She
served as national secretary for three years from
2002-2005. Following this she took on the role
of co-ordinator of TPN funding and represented
10
the BSTAI at SARG meetings as part of this
role. As well as fulfilling these formal roles,
Mary was always available to help out at BSTAI
events, especially national conferences. Her
energy, knowledge and enthusiasm were truly an
inspiration to every business teacher she met.
Mary is also very much a life-long learner. She
was awarded with a Diploma in ICT from Trinity
College in 2000; a Diploma in Adult Education
from Mary Immaculate-UL in 2003; and a Masters
in Educational Management from TCD in 2005.
During her years of dedicated teaching and
leadership Mary embraced many hobbies,
photography being her particular favourite. This
ensured that school events, outings, games,
achievements, fun and learning were recorded,
displayed and celebrated in her school. We now
wish her the very best to enjoy her photography,
birdwatching and many other interests at her
leisure. The BSTAI wishes to thank Mary for her
outstanding work for the association at both a
local and national level and wishes her the very
best for a long and happy retirement.
IRELAND’S
NUMBER ONE
UNDERGRADUTE
BUSINESS SCHOOL
Proudly supporting the BSTAI
Email adam.baker@ucd.ie for student visits,
school support or updates from the UCD Quinn School
www.ucd.ie/quinn

Generation €uro Students’ Award
By the National Winners from Gonzaga College, Dublin:
Kilian Prendergast, Andrew Kilgallen, Mark Mulreany & Philip Mulvey.
Now in its fourth year, the Generation €uro Students’ Award is Ireland’s leading and most
prestigious competition for Transition Year students interested in learning about the economy.
The competition is run by the Central Bank of Ireland for Irish participants in conjunction with
the European Central Bank and is conducted simultaneously across Europe by national central
banks in the euro area. The competition comprises three rounds including an online quiz, a
group essay and a presentation to a panel of senior economists at the Central Bank of Ireland in
the form of a National Final.
The competition continues to attract the brightest young minds from schools representing all
four corners of the country with Gonzaga College in Dublin taking home the coveted title of
National Winners for 2014. In this article, we hear from the students on their experience of
taking part in the competition.
The Generation €uro Students’ Award is an annual
economics competition run by the Central Bank of
Ireland in conjunction with the European Central
Bank. It aims to promote an understanding of
monetary policy and how it relates to the economy.
It challenges Transition Year students to learn
about monetary policy instruments, in particular
interest rate decisions, and to take on the role of
the European Central Bank’s Governing Council to
determine the most appropriate interest rate for
the euro area.
We decided to enter the competition back in
November, not really knowing a great deal about
monetary policy, but we soon got up to speed.
Round One
The first round of the competition consisted of an
online quiz, relating to the European Central Bank
and its work. We passed this round without too
much difficulty. However, we were unprepared for
what was to come!
Round Two
As soon as we got word that we got through to the
second round of the competition, we immediately
began to plan on how we would get to the final in
the Central Bank of Ireland. After a couple of days
we got our brief on what we had to do. This was
12
a daunting task and we knew a lot of work was
required to progress through this round.
The brief was to write an essay of no more than
two thousand words and answer three questions.
The main question was deciding on an appropriate
interest rate. We looked at a range of sources
from the ECB’s website and compiled our
research. The kind of research that was necessary
for making an appropriate interest rate were
topics such as unemployment and government
debt. We eventually decided on keeping the rate
unchanged and sent in our essay to the Central
Bank. We knew that the next interest rate decision
in Frankfurt was the following Thursday so we felt
that if we predicted the rate incorrectly we would
likely progress no further in the competition.
Thankfully on Thursday afternoon we found out we
had predicted the rate correctly and now we were
waiting to see if we would progress to the national
final. The following week we went to see into Mr.
O’Connor, who told us the fantastic news that
we would be in the Central Bank on 10th March.
Our excitement was short lived, however, as it
soon dawned on us that we would have to make
a presentation in front of several senior figures
in the Central Bank. However we were confident
that we could win and we were relishing the
opportunity we were given.
13
The National Final
And so, on the morning of March 10th, four very
nervous but very excited Transition Year students
gathered in Mr. O’Connor’s room. Sweaty palms
and weak knees were to be the order of the day.
Today was the National Final of the Generation
€uro Students’ Award, taking place in the Central
Bank of Ireland on Dame Street. We had a final
run-through of our presentation and made for the
LUAS into town.
When we arrived at the Central Bank, we were
shown into a room near Reception, where we
waited for our competitors to arrive, namely
Marian College and Tullamore College. After a
brief but awkward exchange of greetings between
the teams, we headed to the top floor, where
we had the opportunity to breathe in the Dublin
skyline, stretching from the Aviva Stadium to the
Phoenix Park. After a while, we were brought into
the conference room where we would each be
giving our presentations.
Our team were the first to deliver our presentation
in front of the panel of judges consisting of several
senior figures in the Central Bank, including
Deputy Governor, Stefan Gerlach. At this stage,
sweaty was an understatement for the state of our
palms. Our presentation went well, without any
major glitches.
Next came the Question and Answer session,
whereby the judges asked us a range of questions
in relation to points made in our presentation and
other areas of monetary policy and price stability.
We returned to our seats rather unsure of how
we did. Marian College and Tullamore College
presented after us, and we felt going for lunch
that if we were going to win the competition at all,
it would be extremely tight, as both of the other
teams had performed well in different areas of
their presentations.
For the first time in our lives, we couldn’t wait
for lunch to be over. The judges deliberated for
an hour and a half before reaching a conclusion.
We were brought back into the conference room,
along with our parents and fellow competitors,
where the Deputy Governor announced the result.
His announcement was met by delight from the
four of us, and despair from the other teams. For
that split-second, we all were in complete shock,
before turning to each other in delight. We each
received certificates, presented by the Governor
of the Central Bank, Patrick Honohan, along with
a book token, before being presented with our
trophy. After this, we gathered on the steps of
the entrance to the building for our photos to be
taken, still in disbelief after hearing the result.
It was certainly a fantastic day that will live long in
our memories.
European Award Event
On winning the Irish Generation €uro Student’s
Award we were subsequently invited to represent
Ireland at the European Award Event in Frankfurt,
Germany. We arrived mid-morning on Thursday
3rd April and following a brief tour of the city we
attended a reception in the ECB Eurotower. We
watched the press conference given by Mario
Draghi, the ECB President, where he released
that month’s interest rate decision where to our
delight the interest rate remained the same again!
This was followed by the awards ceremony in
which Mario Draghi presented us with our award.
The next day we attended a conference on ‘The
Single Supervisory Mechanism’ concluding
with a Q&A session. After taking part in a mini-

14
Calling all Transition Year students...
Win a trip to Frankfurt
FOR YOU, YOUR TEACHER AND UP TO THREE OF YOUR CLASSMATES!
THE CHALLENGE:
ROUND 1: Assemble a team of four Transition Year students and
take the online quiz at www.generationeuro.ie
ROUND 2: Predict the ECB’s interest rate in a group essay
ROUND 3: Represent your school at the National Final 2015
Find out more and register from 6 October 2014
www.generationeuro.ie
Closing date for registration and completion of Round 1 is 1 December 2014
Find us on Facebook for competition updates and advice on taking part
See www.facebook.com/GenerationEuroIreland
The Generation €uro Students’ Award is an annual team-based competition for secondary schools
organised by the Central Bank of Ireland in conjunction with the European Central Bank
For further information and a copy of the Teachers‘ Guide, email generationeuro@centralbank.ie
competition between all 12 teams and before long
it was time for the closing ceremony. Several
hours later when finished roaming through the
city it was time to leave.
Conclusion
We would like to thank our parents and our
teacher, Mr. John O’Connor for all the time and
support they gave us throughout the year. We
would also like to thank the Central Bank of
Ireland for facilitating this fantastic opportunity
and a wonderful competition and Paul Gray for all
the energy which he put into the organisation of
the competition.
It was truly an unforgettable experience and a
definite highlight of Transition Year.
Further information on the competition is available by emailing generationeuro@centralbank.ie
or by visiting www.generationeuro.ie. The closing date for entries and completion of Round 1 is
1 December 2014. Early registration on www.generationeuro.ie is advised.

Brian McDermott (1961 – 2014)
Located amidst gently rolling Roscommon
landscape, it was here, in the townland of
Castlemore, in these idyllic rural surroundings
that the late Michael and Kathleen McDermott
were to rear three sons, one of whom was
Brian, on the family farm. Nearby is the local
shopping town of Ballaghadereen with its primary
and post-primary educational establishments.
Having attended the local national school with
the nuns, as he would note with great fondness,
Brian then went on to St. Nathy’s College in
Ballaghadereen, the diocesan college. Here, his
interests in the academia were nurtured. Taught by
priests and lay teachers, he proudly recalls, among
others, a former teacher of geography in St. Nathys,
who went on to manage the Mayo footballers.
The fact that Brian himself was later to teach
geography, was maybe a coincidence or inspired
– one was left to ponder. Proud of Castlemore,
proud of Ballaghadereen and in the case of the
latter, he would point to the elegant building that
is St. Nathy’s Cathedral. Brian was acutely aware
of the decimation of the local economy and drew
the attention of the visitor to the then Western
Development Commission office in the town and
perhaps a glimmer of hope therein.
Having had a thoroughly enjoyable six years in
second level education, it was now off to University
College Galway to do a geography and economics
degree. He was delighted, as an undergraduate
when an opportunity presented itself to give some
tutorials in UCG to first year economics students.
The young economist had begun to shine. Brian’s
proficiency in the vernacular enabled him to conduct
some of his studies as Gaeilge. Obtaining the higher
diploma in education was soon accomplished and
so, the newly qualified teacher was eager to enter
the classroom of ‘chalk and talk’.
This though was 1980’s Ireland when ‘doom and
gloom, spiralling national debt’, ever increasing
emigration were the dominant headlines.
Undaunted, Brian did secure his start in teaching at
St. Gerard’s College in Bray. This was followed by a
year in Clongowes Wood College. His love of English
was realised when he completed a B.A. in U.C.D.
Those challenging economic conditions still made
finding that permanent post quite elusive. Now
followed a return to the west of Ireland for Brian
and to the convent of Mercy in Ballymote, county
Sligo where he taught for two years.
16
Brian McDermott’s final teaching destination was
to be St. Mary’s Secondary School in Nenagh, Co.
Tipperary. It was 1991. The post was permanent
and perhaps most appropriately of all, this was
and is a school founded by the Mercy sisters, the
kindness of whom Brian first experienced all
those years earlier as a pupil in Ballaghadereen.
The suite of subjects that Brian taught up to
Leaving Certificate honours level were geography,
economics, english and the one which he absolutely
wished would not appear on his timetable, ‘business
organisation’. Having a good word for everybody,
a great sense of humour and a smile for all in the
school community characterised this unique man.
Commenting to one of the cleaning staff after the
school day that she had the place ‘shining’, was
graciously received at the time, though she did
remark to the writer that she had not actually
moved the brush at that point.
Within school life and beyond, his joie de vivre and
selflessness are worthy of mention. Over the years,
a skiing trip, an excursion to Paris, going to the
national ploughing championships, membership
of two boards of management concurrently,
membership of the school centenary committee,
member and presenter for the Thurles branch
of the BSTAI – the list goes on. For a number of
years, a team of economics presenters, which has
included Brian, have provided a comprehensive
revision seminar in LIT Thurles to leaving certificate
students in the lead up to the state examinations.
It is also noteworthy that he volunteered to step in
and chair the organising committee for the 1999
BSTAI National Conference when extraordinary
unforeseen circumstances unfolded forcing
significant organisational change.
Brian’s broad interests and insatiable thirst for
knowledge never dimmed. While teaching in St.
Mary’s Nenagh, his curiosity about law saw him
commence studies once again in his former alma
mater, now designated NUIG. The LLB degree
had begun necessitating a commute from Nenagh
two nights each week to and from Galway though
ultimately a career break was availed of. The
law degree was successfully completed and the
Blackhall Place exams taken – a new member of
the Incorporated Law Society emerged. The ‘Celtic
Tiger’ years meant that Brian’s legal work was, he
contended, largely centred around conveyancing, in
what he believed was an unsustainable bubble. He
missed being in the classroom and in 2007 returned
to St. Mary’s, Nenagh. During the past academic
year, he undertook the Diploma in Educational
Leadership under the auspices of NUI Maynooth.
Conferring for same is, I believe, due to take place
shortly.
Brian loved to travel particularly in Europe and
the U.S. in recent years. However, that idyllic
Roscommon countryside remained dear to his
heart. Having just arrived back from America, he
made no delay in going to Castlemore, no doubt
with presents and stories galore. This, sadly was to
be his final journey home when in the late evening
of July 22nd last, in his brother’s house, Brian
departed this life.
Our deepest sympathies to his family.
Ar dheis Dé go raibh a anam dílis.

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19

20 21

Training the Entrepreneurs of Tomorrow …
Why not get your business studies students involved in setting up a mini-company
this year and let them learn all about the ups and downs of entrepreneurship???
Did you know that each year over 17,000 students all over Ireland take part in the
country’s largest and most successful enterprise programme – the Student Enterprise
Awards (SEAs) and get a taste of real life business??? And that many of these
students continue on to pursue successful careers as entrepreneurs.
About the Student Enterprise Awards (SEAs)
The Student Enterprise Awards is the biggest enterprise competition for students in Ireland. It
helps students to grasp real life skills associated with running a real enterprise including working
as part of a team, managing production and finances, organising a sales and marketing campaign
and liaising directly with customers, judges and the media.The Programme brings a taste of real
life business into the classroom and really helps your students put the theoretical side of business
studies into practice.
Teachers are provided with a wide range of teaching aids and supports to deliver the programme,
including:
Why not get your business studies students involved in setting up a mini-company
this year and let them learn all about the ups and downs of entrepreneurship???
Did you know that each year over 17,000 students all over Ireland take part in the
country’s largest and most successful enterprise programme – the Student Enterprise
Awards (SEAs) and get a taste of real life business??? And that many of these
students continue on to pursue successful careers as entrepreneurs.
The Student Enterprise Awards is the biggest enterprise competition for students in Ireland. It
helps students to grasp real life skills associated with running a real enterprise including working
as part of a team, managing production and finances, organising a sales and marketing campaign
and liaising directly with customers, judges and the media.The Programme brings a taste of real
life business into the classroom and really helps your students put the theoretical side of business
studies into practice.
including:
Why not get your business studies students involved in setting up a mini-this year and let them learn all about the ups and downs of entrepreneurship???
Did you know that each year over 17,000 students all over Ireland take country’s largest and most successful enterprise programme – the Student Awards (SEAs) and get a taste of real life business??? And that many students continue on to pursue successful careers as entrepreneurs.
The Student Enterprise Awards is the biggest enterprise competition for students in helps students to grasp real life skills associated with running a real enterprise including as part of a team, managing production and finances, organising a sales and marketing and liaising directly with customers, judges and the media.The Programme brings a life business into the classroom and really helps your students put the theoretical side studies into practice.
including:
• Student Enterprise Workbooks for every student and a practical Teaching Manual along
with a DVD for in-classroom use.
• Online support, tutorials and videos as well as various resources available at
www.studententerprise.ie
• Social media support on facebook (www.facebook.com/SEAsIreland) and on Twitter
@StudentEntAward
• Visits to your students by a local business mentor to provide practical entrepreneurial talks
and advice.
22
• Student Enterprise Workbooks for every student and a practical Teaching Manual along
with a DVD for in-classroom use.
@StudentEntAward
• Visits to your students by a local business mentor to provide practical entrepreneurial talks
and advice.
• Student Enterprise Workbooks for every student and a practical Teaching Manual with a DVD for in-classroom use.
@StudentEntAward
For more information on how you can get involved in the Student Enterprise Awards simply contact your Local Enterprise
Office. Full contact details are available at www.localenterprise.ie
For more information on how you can get involved in the Student Enterprise Awards simply contact your Local Enterprise

Kemmy Business School Recognises the Success of
260 Junior Certificate Business Studies Students
The KBS, in association with the Business
Studies Teachers Association of Ireland (BSTAI),
celebrates and recognises excellence in Junior
Certificate Business Studies each year. This year,
over 260 Students from the mid-west region who
received an A in Junior Certificate Higher Level
Business Studies in 2013 were presented with
Certificates of Achievement from the school.
This is the second year that the KBS has held
these awards ceremony in conjunction with the
BSTAI which was also attended by the students’
parents, business studies teachers and school
principals. The students whose exceptional
achievement was recognised represented over 40
individual schools from counties Limerick, Clare
and Tipperary.
In a speech with references ranging from Lady
Gaga to Seamus Heaney, Dr Philip O’Regan, Dean,
Kemmy Business School, said “We are delighted
to be able to recognise this fantastic achievement
of our young awardees – the region’s top Business
Studies students in the Junior Certificate 2013. I
congratulate all on their wonderful achievement
and would also like to pay tribute to the
24
commitment and dedication of their teachers in
helping the students achieve such excellence.
I hope in time that I will have the pleasure of
welcoming many of these awardees back to the
University of Limerick as students on one of our
range of business programmes.”
The KBS is one of Ireland’s leading business
schools – recently awarded Best Business School
at the InBusiness Editor’s Choice Awards – with
a reputation for quality and employability of
graduates. This event reinforces the important
relationship between the KBS and the region’s
second-level students, their schools and their
business studies teachers.
Jennie Harrington, President, BSTAI, said “The
Business Studies Teachers Association of Ireland
(BSTAI) is delighted to be involved in partnership
with the University of Limerick in hosting this
ceremony which celebrates and recognises
academic excellence in Business Studies at a
young age. I’m confident that many of today’s
award recipients will build successful careers in
the business world.”
25
St. Caimin’s Community School, Shannon
(L-R) Dr. Philip O’Regan, Dean, Kemmy Business School,
UL, Rachael Cushen, Kate Flynn, Ciara Downes, Deion
McCarthy
Coláiste Chiaráin, Croom
Back Row (L-R) Aoife Lannon, Christina Enright, Robert
Sweeney, Adam Burke, James Dore
Middle Row (L-R) Robert Fitzgerald, Fiona Hogan, Angela
Power, Rachel Malone, Brian Lynch, Alan Leonard
Front Row (L-R) Terence O’Mara, Kevin Hogan, Dr.
Michele O’Dwyer, Associate Dean, Kemmy Business
School, UL, Stephen O’Shea, Maurice Lynch
Presentation Secondary School, Thurles
Back Row (L-R) Niamh Graham, Louise McCormack,
Róisín Ryan, Caoimhe O Dowd, Claire McCormack,
Courtney Conroy
Front Row (L-R) Caitriona Kiely, Jennie Harrington,
Business teacher and President of BSTAI, Dr. Michele
O’Dwyer, Associate Dean, Kemmy Business School, UL,
Marie Collins, Principal, Mary B Lanigan Ryan, Deputy
Principal. Missing from photo: Niamh Horan and Karen
Kennedy.
Ardscoil Rís
Back row (L-R) Geoffrey Keating, Kevin Degnan, Adrian Kehoe, John Noonan, Evan Gilvarry, Darren Cotter,
Kevin Daly, Michael Scallon, Seán Mullane, Seán Norden, Brian Spillane, Rory O’Neill, Ronan Coffey
Middle Row (L-R) Alasdair MacDonald, Gordon O’Neill, Luke Doherty, Nathan Randles, Matthew Clancy, Lee
O’Connor, James Pearse, Robert Leonard, Mark Connolly, Eoghan O’Brien, Ciarán Harte, Seán Hogan, Billy
Ahern, Michael O’Dwyer, Páraic O’Loughlin, Nathan Fox, Nathan Bennis Whelan
Front Row (L-R) James Duffy, Shane Fitzpatrick, Cathal Daly, Teacher, Derek Larkin, Teacher, Nodlaig O’Grady,
Deputy Principal, Dr. Michele O’Dwyer, Associate Dean, Kemmy Business School, UL, Paul Sugrue, Teacher,
Conor Richardson, Mark Considine, Eoin Caffrey

Limerick Institute of Technology offers a wide range of career focused programmes across our campuses in
Limerick, Tipperary & Clare. With integrated work placement on many programmes and a dedication to
providing quality student support services, LIT offers a rich and diverse educational experience allowing
students to achieve their maximum potential.
The Faculty of Business & Humanities offers programmes leading to qualifications at Level 6, Level 7 and Level 8
●Accounting & Finance ●Business Studies with Event Management ●Business Studies with Sports Management
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●Marketing & Management ●Marketing with Languages ●Hotel Front Office Management
●Hospitality Studies ●Culinary Arts ●Social & Community Studies
●Applied Social Studies
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CIMA Quiz 2013/14
1st place: St. Kieran’s College, Kilkenny
2nd place: Colaiste Eanna, Ballyroan, Dublin
3rd place: Holy Faith Secondary School, Clontarf, Dublin 3
Holy Faith Secondary School Colaiste Eanna
27
1st place: St. Kieran’s College, Kilkenny

The AIB
Challenge 2014/15
Are you up for the Challenge?
Key business skills students will learn include:
• Financial management
• Business Plan development
• Marketing techniques
• Customer service skills
• Technology skills
• Leadership and teamwork
Incredible prizes up for grabs for winning
schools and School Bank Teams!
Talk to your local AIB Student Officer • www.aib.ie/buildabank
www.youtube.com/AIB AIB @AIBIreland
Allied Irish Banks, p.l.c. is regulated by the Central Bank of Ireland.
29
North East Branch News
The North-East branch was relaunched a
numberof years ago in order to cater for the
needs of Business Studies teachers in the area.
It coverscounties Louth, Meath, Cavan and
Monaghan and meets on a regular basis in order
to providemembers with updates and information
from experienced state examiners while also
providingmembers with opportunities to engage
with each other and take part in continuous
professionaldevelopment. We are actively
recruiting new members to join and strengthen
the associationin the area and would welcome
new members.
Anyone interested in joining should
contactbstainortheast@gmail.com.
The meetings we have planned for the school
year 2013/2014 are listed below:
• AGM & Leaving Certificate Business Review
• Junior Certificate Business Studies Review
• Leaving Certificate Accounting Review
Ideas for future meetings are very welcome.
Midlands Branch
2013-2014
The midland’s branch had a very active and
productive year. The AGM was held in Longford
in Thursday October 10th. The branch elected the
following representatives for the 2013-2014 year.
Mr Padraig Doherty - Chairperson, Mary Campbell
- Treasurer and Emma Dempsey was elected as the
branch secretary. Following the AGM, Ultan Henry
presented a review of the 2013 LC Business paper.
In November we convened again and Margaret
Mullooly presented to us a review of the 2013
Accounting paper. The New Year started with an
engaging workshop from John O’Connor for the
2013 LC Business ABQ on units 5, 6 and 7.
Matt Hynes presented a JC Business Studies
workshop in St. Mel’s College Longford in
February.
The branch representatives travelled at various
stages throughout the year to the National
Executive Committee in Dublin. We look forward to
our next AGM which will take place in November.
Cork Branch News
MEETINGS AND EVENTS
We have had a very successful year with 79
members and a number of PGE members actively
involved in the branch. Many of our members
share their ideas, methodologies and knowledge
at workshops during the year. Our facilitators
during the year included: Mr. Jerry McCarthy, Mr.
Brendan Kenneally, Mr. Pat Morris, Mr. William
O’Keeffe, Ms. Trudie Murray, Mr. Eoghan O’Leary,
Mr. Ger. O’Donovan and Ms. Maura Fehily. These
meetings are a great opportunity to meet with
other teachers in the Cork area.
CIMA
Chartered Institute of Management Accountants
(CIMA) with the Cork Branch of BSTAI organised
a very successful Quiz for Junior Certificate
Business Studies Students in CIT in October 2013.
The winning teams from the regional quiz went on
to the National Final in Thurles in April 2014.
STUDENT REVISION SEMINARS
The Cork Branch of the BSTAI hosted Student
Revision Seminars this year at UCC. This was
very well attended by students and teachers. Our
presenters included: Mr. Jerry McCarthy, Mr Alan
Ryan – Business, Mr Fergus Ryan – Accounting,
Ms. Trudie Murray and Mr. Eoghan O’Leary -
Economics. Revision Seminars will be held this
year in March 2015
MEMBERSHIP
The Cork branch has a well planned and busy
schedule of events for the forthcoming year – find
us on, www.bstai.ie. We are looking forward to
meeting new and existing members. Membership
for PDE students is free. We would like to
encourage you the members to get involved in
the association, giving us ideas and joining us at
meetings.

PLANNED EVENT SUMMARY 2014-2015 - CORK BRANCH
DATE WORKSHOP TOPIC VENUE
Monday 6th October 2014 Annual General Meeting
JC Business Studies Workshop
30
CESC
Monday 20th October 2014 LCHL Business Workshop CESC
Nov. 2014 Date to be decided LCHL Accounting Workshop CESC
Saturday 15th Nov. 2014 National Conference Radisson Hotel, Galway
Wednesday 5th Nov. 2014 CIMA Regional Quiz CIT
Nov. 2014 Date to be decided LCHL Economics Workshop CESC
Feb. 2015 Date to be decided Teaching Applied Business
Questions 2015
CESC
Mar. 2015 Date to be decided Leaving Certificate Student
Revision Seminars
UCC
Kerry Branch News
The Kerry Branch meets on average three times a
year, in the Education Centre, Dromtacker, Tralee.
We aim to cater for the needs of Business Studies
teachers in the area by offering continuous
professional development through networking and
contact with experienced state examiners, across
the suite of Business Subjects.
Last year, members were provided with updates
and information from experienced state
examiners while also garnering opportunities
to engage with each other and take part in
continuous professional development.
We are also pleased to announce the success of
our e-mail and SMS service which allows us to
keep in constant communication with members.
The meetings we have planned for the school
year 2014/2015 are as follows:
• Leaving Certificate Business Review
with Mr. Jerry McCarthy
• Leaving Certificate Accounting
with Mr. Brendan Kenneally
• AGM & Junior Certificate
Business Studies Review
• Preparation for Business Subject Inspection
• Leaving Certificate Workshop by John O’Connor
**Date and times to be confirmed.
We are actively recruiting new members to
join and strengthen the association in the area.
Membership for Post Graduate Diploma students
is free. New members are always welcome and
anyone interested in joining should contact us at
kerrybstai@gmail.com.
Visit our stand at BSTAI Conference 2014
and enter our competition for a chance to
31
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Junior CYCLE
Leaving CertifiCate LCVP
Lo-call: 0818 365 367 Phone: (01) 413 7200 support.folens.ie folens.ie folensonline.ie
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33
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problem-solving in your class. It also supports other
MoneySense modules including Managing your money,
Credit worthy and Planning your future.
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Dublin Branch News
Turning ‘Progress into Practice’ at Dublin Branch
Essential Tools and Common
Themes for Syllabus Delivery
Dublin branch provides a workshop for every
course in the Business suite of subjects each
academic year. These workshops are given by
expert teachers and guest speakers from different
Business Studies disciplines. The progress in
educational policy in the last number of years
has put increased demand on teachers who now
are required to deliver syllabus material using
essential tools such as assessment for learning,
use of information technology resources and
incorporate common themes such as improvement
in literacy and numeracy.
Dublin Branch is pleased to be responding to these
changes by continuing to provide the traditional
workshops which have proven so popular with
members while incorporating these tools and
themes in ‘Bitesize’ chunks, which can be
embedded into everyday practice by teachers.
The Bitesize series will start in October when
at the end of our Accounting workshop a Dublin
Branch member will demonstrate IT resources
specifically for Accounting.
Further details will be announced throughout the
year by email to our members and in our January
mailshot…watch this space!
Call for submissions
Any member (or group of members) of the
Branch who is interested in helping to provide
a short session (15-20 minutes) in any Business
subject on:
• Use of IT
• Literacy
• Numeracy
• Assessment for Learning
Can email the branch at dublinbstai@gmail.com
New members are especially welcome. The Officer
team will provide you with all the support, guidance
and advice they can.
Mr. Karl Foster
Chairperson
Coláiste Choilm
Dublin Road
Swords
County Dublin
Ms. Rachael Biddulph
Secretary
St Peter’s College
Dunboyne
County Meath
Mr. Eoghan Keegan
Treasurer
The High School
Zion Road
Rathgar
Dublin 6
Ms. Claire Fitzgerald
IT Secretary
Malahide Community
School
Malahide
County Dublin

Dublin Branch News
Schedule of Meetings 2014-‘15
DATE: TOPIC VENUE
11 September 2014 Annual General Meeting and Guest
Speaker, Ms Siobhan O’Sullivan BSTAI
member and Advisor with PDST.
Siobhán demonstrated “Online tools for
Teaching and Learning in the Business
Suite of Subjects”.
This included Scoilnet, Edmodo and
Antomoto.
Dublin City University Business
School
23 October 2014 Leaving Certificate Accounting Workshop
and Bitesize Series:
IT resources for Accounting
University College Dublin
34 35
15 November 2014 National Conference
Hosted by Galway Branch
Radisson Hotel, Galway
January 2015 Workshop in Applied Business Questions To be confirmed
February 2015 Workshop in Leaving Certificate
Business
Bitesize Series: To be confirmed
To be confirmed
March 2015 Workshop in Junior Certificate Business
Studies
To be confirmed
April 2015 Workshop in Leaving Certificate
Economics
To be confirmed
May 2015 Social Evening To be confirmed
June 2015 Review of the State Examinations Drumcondra Education Centre
The Dublin Branch of the BSTAI hosted Student
Revision Seminars again this year at Dublin City
University Business School. This was very well
attended by students and teachers. Our presenters
included:
Mr. John O’Connor-Leaving Certificate Business,
Mr. John Leonard-Leaving Certificate Economics,
Mr Kevin O’Riordan-Leaving Certificate Accounting
and
Mr. Ultan Henry. - Junior Certificate Business
Studies
Officer’s Roles
The Dublin Branch holds four Officer Positions:
Chairperson, Secretary, IT Secretary and
Treasurer.
CHAIRPERSON
1. Plans all meetings
2. Arranges Speakers/presenters
3. Books meeting venues
4. Chairs all meetings
5. Sets Notice & Agenda for mail-shot in
conjunction with Secretary
6. Signs off on TPN Proposal and return
7. Maintains links with local universities
SECRETARY
1. Sends & replies to all correspondence
2. Writes up minutes of every meeting
3. Keeps attendance records
4. Co-ordinates Revision Seminar entries
5. Sets Notice & Agenda for mail-shot in
conjunction with IT Secretary
TREASURER
1. Receives all Subscriptions & Maintains database
of members
2. Pays all bills & keeps all receipts
3. Deals with Bank & writes all cheques
4. Submits accounts at AGM
5. Co-ordinates TPN proposal & return each year
IT SECRETARY
1. Updates members e-mail addresses
2. Updates members mobile phone numbers
3. Maintains database of members in conjunction
with Treasurer
4. Sends & responds to all electronic
communication
5. Updates BSTAI website for Dublin Branch news,
and any other social media eg. Twitter
Membership Profile
The membership profile for 2013-14 comprised
of 211 fully paid members with the remainder
being mostly Post Graduate Diploma in Education
students and honorary members (retired teachers).
Communicating with Members
We to use e-mail & SMS as our main means of
communication with members as it is quick, free
and also environmentally friendly. We use the
Branches mobile phone to send text message
reminders of meetings and events to our
members. The National Executive hosts the BSTAI
website. The webmaster posts all of our events
on the website for us once contacted by the IT
Secretary. This means that members can check
out www.bstai.ie for a list of all our events too.
A summary is sent to all members every
September (Dublin Branch Summary). It gives
an idea of the types of meetings/events that we
hold. In order to keep costs to a minimum, we send
out only two mail shots via post every year
to schools in our county.
Advice for Planning Meetings
We contact local Colleges and Universities who
are always delighted to hear from us. They have
provided us with free meeting/event venues and
speakers. We encourage our members to attend
the National Conference. We do not hold meetings
in December as this is a busy time for teachers-in
terms of family commitments and setting and
marking Christmas school exams. We then plan
a meeting or event for every month from January
through to June. The social evening is an event that
teachers enjoy every year. This is
organised and supplemented financially by our
branch. It gives an opportunity for networking and
socialising between members that is not always
possible at busy meetings or events.
Subscriptions & Finance
Our current subscription is €20. This covers all
correspondence to members including
photocopying, stationery, and postage. It covers our
speaker’s fees, Chairpersons, Secretary, Treasurer
and IT Secretaries expenses. Our income is
supplemented from the Teachers Professional
Networks (TPN) grants. Information about these
grants can be downloaded from www.tpnetwork.
ie. The TP Network has requested to keep postage
costs to a minimum and that Newsletters should
be distributed by email and internet.
We look forward to seeing you at our meetings
throughout the year. As another busy academic
year is set out before us, we draw inspiration from
the words of a great business man, Henry Ford:
“Coming together is a beginning,
Keeping together is progress,
Working together is success”
Dublin branch provides a workshop for every Student Revision Seminar

Junior Cycle Business Studies Key Terms
M A R K E T I N G C U N E S Y Y C R R J
P R T R L K G N O Y O T U X T O A O O O
P E Z U O N T M E I R P L I N L C T T C
E G P S I T M V T U E A N S E F C P I M
C I V K T I B A J R L M U A F O R M D M
B O N U S N I E A T E M S T Y O U E U S
G A V S B L U N D D E I G C C N A T A E
B R I O I V N O N R N I I M L A L A M E
E O G C Z U K I C G P E J A T Y S E R T
N N N L A T I P A C G N I K R O W V E N
N O T T T F I D P C A P I T A L V A C A
C E I R G K F C K I V L I O W D M C R R
D O V C E D E P R E C I A T I O N I U A
N E O E T P S B O S P K P N P K I M I U
T T F E K Z R A L G S F E Y I Y G P T G
Q T S I L A R E V O N R U T G F R O M K
Q S O U C I E P N R U Q X N I G A R E P
A I I T J I L R Z E C O D J Y N M T N M
J C O I E R T Y B Y U Z K M N C G S T A
H T N E M Y O L P M E R H T A P Y A P Q
ACCRUALS ACTUARY ASSET
AUDITOR BANKING BONUS
BREAKEVEN CAPITAL CAVEATEMPTOR
COMMISSION CONCILIATION CONSUMER
DEBTOR DEFICIT DEPRECIATION
EMPLOYMENT ENTREPRENEUR FINALACCOUNTS
GUARANTEE IMPORTS INDEMNITY
LEASING MARGIN MARKETING
PAYPATH PICKETING RECRUITMENT
SUPERANNUATION TURNOVER WORKINGCAPITAL
Junior
Certificate/TY
Business
Crossword
Junior Certificate / TY Business Crossword
Across
8. Income before you pay taxes (5)
10. Keep you money __ the bank (2)
13. A short-term source of finance available to people with a current account (13)
15. Money borrowed on a credit card (11)
16. A bank employee (6)
17. A house loan (8)
19. Not pay a loan (7)
20. Money that you earn (6)
23. A bank account you use to pay everyday expenses (8)
25. Borrowed money that you pay back at a regular interval (7)
26. Move money between bank accounts (8)
27. An interest rate that stays the same (5)
28. A cash machine (3)
29. A bank account you use to save money (7)
30. the opposite of lend (6)
Down
1. Your annual wage (6)
2. A monthly fee on borrowed money (8)
Across
8. Income before you pay taxes (5)
10. Keep you money __ the bank (2)
13. A short-term source of finance available to people with a
current account (13)
15. Money borrowed on a credit card (11)
16. A bank employee (6)
17. A house loan (8)
19. Not pay a loan (7)
20. Money that you earn (6)
23. A bank account you use to pay everyday expenses (8)
25. Borrowed money that you pay back at a regular interval (7)
26. Move money between bank accounts (8)
27. An interest rate that stays the same (5)
28. A cash machine (3)
29. A bank account you use to save money (7)
30. the opposite of lend (6)
Down
1. Your annual wage (6)
2. A monthly fee on borrowed money (8)
36 37

Leaving Certificate Business
Leaving Certificate Business
Across
2. Buying products and services from foreign countries (9)
4. A long-term loan for company (9)
6. Legal protection for an idea (6)
7. Document that outlines a business’s objectives (8,4)
10. An entrepreneur who sells a business idea as a franchise (10)
14. Illegal secret agreement between businesses to restrict competition (6)
17. The principal of ‘buyer beware’(6,6)
19. Money used to set up a business (7)
20. Person asks another to enter into a contract with him (5)
21. Services sold to foreign countries (9,7)
24. Removal of government rules and regulations that restricts free trade (12)
26. Trend for businesses to operate throughout the entire world (13)
28. Money the owners have invested in a business (6,7)
Down
1. An essential element of a contract (13)
3. An asset that is used as security on a loan (10)
5. Shortage of money (7)
8. Tax paid by employees until they complete Form 12A (9,3)
9. Payment system where an employee’s salary is paid (7)
11. Summary of what was said at a meeting (7)
12. A subset of the target market (5,6)
13. Independent third party to settle industrial relations conflict (11)
15. Group of people who campaign for a common goal (8,5)
16. The first working model of a new product (9)
18. debts that have to be written off (3,5)
22. The slow, natural growth of a business (7,6)
23. Share of profits, paid to shareholders (8)
25. Ability of a business to pay its short-term bills (9)
27. Closing down a business and selling its assets (11)
38 39

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SOLUTION
Across
2. importing
4. debenture
6. patent
7. business plan
10. franchiser
14. cartel
17. caveat emptor
19. capital
20. offer
21. invisible exports
24. deregulation
26. globalisation
28. equity capital
Down
1. consideration
3. collateral
5. deficit
8. emergency tax
9. paypath
11. minutes
12. niche market
13. arbitration
15. interest group
16. prototype
18. bad debts
22. organic growth
23. dividend
25. liquidity
27. liquidation
Overview of PDST Post-Primary Supports for Leading Learning in the 21st Century
School-Self Evaluation
Teaching & Learning Framework; 6 Step SSE Process; gathering, collating & analysing relevant data; implementing the SIP for
literacy, numeracy and any other area of teaching & learning.
Assessment for Learning (AfL)
Learning outcomes/context of learning/success
criteria; effective feedback; questioning; Bloom’s
Taxonomy and self & peer-assessment strategies e.g.
rubrics.
Integrating ICT
SSE & strategies for implementing
problem solving, estimation, a
common approach to maths language
and a numeracy rich environment
across the curriculum.
eAssessments & ePortfolios – Mahara, Google Apps for Education...
ePlanning & Collaboration – Google Apps for Education.....
Tablet Technology Integration – Effective use, pedagogy......
Virtual Learning Environments (VLEs) – Google Classroom, Edmodo
SSE – On-line tools for gathering, collating & analysing relevant data
Visual - Visualisers, Animoto, Wordle, Tagxedo, Photo-story....
Auditory – Audacity, Vocaroo, Audioboo......
Reading comprehension – Freerice, Studystack, Quizlet......
Kinaesthetic – Tarzia, Cube Creator......
Literacy
SSE & strategies for improving
oral language, writing,
reading comprehension, and
the use of broadcast /digital
media across the curriculum.
Subjects /Programmes & Generic Support
Numeracy
Health & Wellbeing – PE, SPHE, mental health, anti-bullying
and promoting the welfare & protection of
students
Junior & Leaving Certificate subject support & planning
JCSP, TY, LCA & LCVP programme support
School planning (policies)
Co-operative learning
ICT for teaching & learning
Differentiation/mixed ability teaching
PDST Websites
www.pdst.ie
pdsttechnologyineducation.ie
scoilnet.ie (portal for resources)
teachercpd.ie (on-line courses)
Ollscoil.net (ITE student awards)
PDST Leadership Programmes
Misneach.....New Principals
Tánaiste.......New Deputy Principals
Tóraíocht.....Aspiring Leaders accredited by
Maynooth University
Forbairt .......Experienced Principals & ALGs
Spreagadh...NAPD & PDST collaboration
www.pdst.ie/schoolsupport
Models of support: whole staff days (circular 002/2014), Croke Park hours, subject departments/groups of teachers/co-ordinators (circular 0043/2014)
It is essential to fill out the on-line application form @ www.pdst/schoolsupport in order for your application to be considered

Resources
The most important thing I learned today was...
www.ReadWriteThink.org
Exit Slips
I need help with...
I would like to learn about...
© 2011 IRA/NCTE. All rights reserved. ReadWriteThink.org materials may be reproduced for educational purposes.
Name :
Name :
Name :
Page 1 of 3
Rate your understanding of today’s topic from 1-10.
Discuss one way today’s lesson can be used in your life.
Predict what we will learn next in this unit and why.
Exit Slips
Name :
Name :
Name :
Page 2 of 3
What would you like to review during the next session?
Name :
Summarize today’s lesson in 25 carefully chosen words.
Exit Slips
Name :
The best part of class today was…
Name :
42 43
Page 3 of 3
Exit Slips
Budget Key Words

Resources
42 43
Anticipation Exercise
TRUE FALSE STATEMENT TRUE FALSE
1. A budget is a plan of income and expenditure.
2. A bonus from your employer is an example of regular
income.
3. A pension is an example of regular income.
4. Overtime payment money you earn for working
longer hours than normal. It is irregular income.
5. Benefit in Kind (BIK) is not a form of income
6. Fixed expenditure is expenditure on items that
don’t change. A mortgage is an example of fixed
expenditure.
7. Discretionary expenditure is spending money on
items after we have paid all necessary bills. It is
expenditure on wants.
8. A budget deficit is when our income exceeds our
expenditure.
9. Impulse buying is planned expenditure where you
think about the consequences of spending money on
the item.
10. An opportunity cost is the item that we had to do
without, or the opportunity we had to forego.
KWL Chart
Name: ________________________________________________ Date: ______________________
KWL Chart
Select a topic you want to research. In the first column, write what you already know
about the topic. In the second column, write what you want to know about the topic.
After you have completed your research, write what you learned in the third column.
What I Know What I Want to Know What I Learned

Resources
MRos Designs Ltd (MDL) is a new private limited company established to provide trendy and
appealing clothes to teenage girls. It brand or business name is MDL, gorgeous clothes for fashion
conscious young women.
The authorized share capital of the company is €300,000 divided into 300,000, €1 ordinary shares.
On the 30 December 2013 Ms Knowles, 1 Winding Road, Donnybrook, Dublin 4 and Ms Minogue, 10
Marlborough Road, Donnybrook, Dublin 4, each bought one ordinary share of €1 each.
MRos Designs Ltd is a private limited company and currently has 27 shareholders, all shareholders
are students of first year business, each shareholder has purchased 1,000 shares on 2 January
2014. The money has been received and has been lodged in the company bank account. The
shareholders have appointed 4 directors to the Board of MRos Designs Ltd, the directors of the
company are:-
Directors of MRos Designs Limited
Margaret Heffernan (retired Chief Executive Officer “CEO” of Dunnes Stores)
Aoife Sadlier (Marketing expert and consultant)
Maeve Carton (Finance Officer at CRH) CRH is a very successful building materials company and
is also known as Roadstone. CRH is a public limited company and its shares are listed on the
stock exchange.
Niall Horan (formerly boyband star and now CEO of MRos Designs Ltd)
1) Can you calculate the paid up/issued share capital of the company?
2) Can you name and explain the forms that needed to be completed to establish the company?
Where will the company secretary need to file/lodge the forms?
3) Can you complete the Memorandum of Association for MRos Designs Limited?
MEMORANDUM OF ASSOCIATION
1. The Name of the Company is
2. The Objects for which the Company is established are:
3. The Liability of the members is
4. The Share Capital of the Company is
divided into
We the several persons whose names, addresses and descriptions are subscribed wish to be
formed into a Company in pursuance of the Memorandum of Association and we agree to take the
number of shares in the Capital of the Company set opposite our names.
Name, Address of each Subscriber Number of Shares taken by each subscriber
Date
Over the Christmas holidays the Management Team and the Board of Directors of MRos Designs Ltd
have been very busy,
• the company has found a premises it would like to lease,
• the company has identified the equipment the company will need to produce their first collection
of clothes and accessories for Autumn/Winter 2014,
• the Creative and Artistic team also sketched the fashion designs for the collection and is working
with the production manager to source materials at good prices from suppliers.
• The HR manager is looking at the staffing and recruitment needs of the company.
• The Marketing Manager is developing a plan for the product launch and is in discussion with
retailers about taking on the MDL range in their stores.
• The Finance Manager with the input of the other managers has prepared a costing and budget to
achieve the company’s business plans, the finance manager has just informed the Board and the
rest of the management team that company will need to raise finance in order to meet the costs
associated with setting up and growing the business. The Finance Manager’s projections show
that the company will need finance of €80,000, in addition to the issued the paid up share capital.
• Can you calculate the total cost of starting the business?
Exercise
Take 1 minute to think about where a company like MRos Designs could go to raise finance for its
business, note down your thoughts on a piece of paper?
Take a further minute to discuss and share in pairs/groups how MRos Designs Ltd might raise
money for its business? Note down any answer the group comes up with that you didn’t come
with on your own.
46 47

Resources
Roleplay Roleplay
The management team of MDL are meeting to consider how to finance the purchase of sewing
machines, it is estimated that 30 machines will be required. The agenda for the meeting is
outlined below.
1. Choose the make and model of the machines to be order.
The production manager has come up with a short list of two machines that could meet
the production needs. The production manager will give details of the two machines and
recommend a machine at the meeting.
48 49
2. Agree the budget for the machines.
The finance manager will outline the finance options available at the meeting.
3. Evaluate the finance options available and agree a source of finance for acquiring the
sewing machines.
The CEO, Production Manager and Finance Manager will discuss and agree which
machine best suits the needs of the business and how best to finance it.
You are the Production Manager, in the meeting you will outline that you have identified two
machines which best meet the production needs of MDL, Brother ZPS 123 and Singer JKL456.
You wish to recommend the Brother sewing machine. You prefer this machine because it has:
1) Better features, stitch types and the range of materials it can handle (eg silk, cotton, mixed
fabrics etc).
2) Low noise level and vibration so more comfortable for the workers.
3) Any other reasons you can think of? Perhaps think of the some of the things you would consider
if you were buying a household appliance (dishwasher) or electronic good (eg ipad, laptop).
The Brother machine you have chosen is more expensive than the Singer Machine so you will need
to be able to convince the other members of the management team that this machine is worth the
extra investment.
Reasons you might consider include the machine is more efficient so MDL will be able to produce
more clothes more quickly, can you think of others?
outlined below.
the production needs. The production manager will give details of the two machines
and recommend a machine at the meeting.
sewing machines.
You are the Finance Manager you are responsible for preparing the budget, keeping the books
and records of MDL, and, with the CEO arranging finance for the company so it can meet its
objectives.
The Production Manager has given you details of two machines Brother ZPS 123 and Singer JKL
456 which you have costed.
• You have got a quotation from both companies, Brother and Singer,
• Brother has quoted €35,000 for the sewing machines less a cash discount of €5000, so the net
cash price is €30,000.
• Singer has quoted €30,000 for the sewing machines less a cash discount of €5,000, so the net
cash price is € __________.
• MDL will need to borrow some or all of the money if MDL wishes to buy the sewing machines.
• AIB has the best loan interest rates and will provide a three year loan repayable in equal
installments to MDL at 5% APR. The bank will require MDL to provide security.
• The other options available are leasing or hire purchase, the cost of involved is outlined in the
table.

Resources
Roleplay Roleplay
50 51
Machine Borrowing 100%
of purchase price
from AIB, total cost
Leasing sewing
machines
Hire purchase
Total cost
Brother
machine
€30,000+€3,000
interest =€33,000
€ 6,000 per annum Deposit of €3,000 plus 36
monthly installments of
€1,000
Calculate total cost
Singer machine €25,000+€2,500
interest= €27,500
€ 5,000 per annum Deposit of €2,000 plus 36
monthly installments of
€900
Calculate the total cost
At the meeting
1) you will explain the cost of the machines and the finance options available using the
information on your sheet .
2) You will need to explain the advantages and disadvantages of the options, and,
3) Recommend to the meeting which you think is the best finance option and why.
outlined below.
the production needs. The production manager will give details of the two machines
and recommend a machine at the meeting.
sewing machines.
You are the CEO (Chief Executive Officer), you are ultimately responsible for the running and the
profitability of the company.
As you are the CEO you will be in charge of the meeting. You need to make sure thrat
everything on the agenda gets covered but that the meeting does not take too long.
• Your role at the meeting will be to check that the other members of the management team
have fully researched the sewing machines and finance options.
• You want to choose the most cost effective option for MDL. Cost effective does not
necessarily mean the cheapest, but does mean best value for money.
• Your role at the meeting will require you to ask several questions of the management team.
Think of questions you might ask? Here are some suggestions to start you off.
• Ask the production manager about the choice of the machine? You are very interested
in the cost but also the reliability of the sewing machine and also the after sales service
and warranty. You don’t want MDL to miss orders because it can’t deliver due to poor
equipment.
• Ask the finance manager what cash discount is being given by the supplier?
• Ask the finance manager what is the cheapest finance option?

Resources
Sources of Finance Keywords Sources of Finance Keywords
KEYWORD MEANING/DEFINITION IN MY OWN WORDS/
EXAMPLES
52 53
Short term needs
Short term sources of
finance
Expenses due
Trade Creditors
Bank Overdraft
Medium term
Term loan
KEYWORD MEANING/DEFINITION IN MY OWN WORDS/
EXAMPLES
Leasing
Hire purchase
Long term
Ordinary Shares
Grants
Sale and Leaseback
Retained Earnings
Long term loan

Resources
52
Think, Pair, Share
New Studies in Business
New Studies in Business is the complete Business Studies package,
covering all requirements of the Junior Cycle Business Studies syllabus
at both Higher and Ordinary Levels.
This book will provide students
with the business education that is necessary for the Junior Cycle
examination and will also promote
students’ interest in the subject.
is
21st Century Business –
Revised Edition
A comprehensive
text for the Leaving
Certifi cate Business
course at both Higher
and Ordinary Levels.
• Written using student-friendly
English, with
all concepts thoroughly
explained in a way that is
accessible to students of
all ability levels.
• The theory is consistently
backed up with clear,
concise and familiar
real-world examples
in order to reinforce
learning.
• Contains many ‘evaluations’
to prepare Higher Level students for this crucial
element of the examination.
• Each chapter contains a large bank of homework
questions at both Ordinary and Higher Levels, covering
every style of question asked in the examination.
• Each chapter contains at least one ABQ, so that Higher
Level students can practise this essential question.
Modern Accounting
Leaving Certifi cate Accounting Book
(Higher and Ordinary Levels)
• Dynamic textbook that
incorporates a fresh,
interactive approach to
the teaching of Leaving
Certifi cate Accounting.
• In contrast to other
books, the author
separates the theory
from the questions.
The theory is explored,
with examples, in the
opening section of each
chapter and this is then
followed by relevant
original questions.
• All elements of the Leaving Certifi cate Accounting
syllabus (Higher and Ordinary Levels) are
comprehensively covered.
• Well-structured and attractively designed with the
examination in mind.
• Includes original exam-style questions and, as in the
state exam papers, the Higher Level questions are
denoted in pink while Ordinary Level questions are
displayed in blue.
CJ Fallon · Ground Floor – Block B · Liffey Valley Offi ce Campus · Dublin 22 · Tel 01 616 6490 • www.cjfallon.ie
What’s the issue /
question / topic?
What do I think
about it?
What does my
partner think?
What will we
share?

Bstai (journal 2014) [prf3]

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