Business Studies

Business studies will explore global topics impacting business operations; for example, how do you get your staff to be productive? How would a change in the business environment impact the business?

The course follows the Cambridge IGCSE syllabus. There are six main areas of study which focus on several different topics. These are summarised below:

Understanding Business Activity

• Business activity 
• Classification of businesses
• Enterprise, business growth and size 
• Types of business organisation 
• Business objectives and stakeholder objectives

People in Business

• Motivating employees
• Organisation and management
• Recruitment, selection, and training of employees
• Internal and external communication

Marketing

• Marketing, competition, and the consumer
• Market research
• Marketing mix
• Marketing strategy

Operations Management

• Production of goods and services
• Cost, scale of production and break-even analysis
•  Achieving quality production
•  Location decisions

Financial Information and Decisions

• Business finance: needs and sources
• Cash flow forecasting and working capital
• Income statements
• Statement of financial position
• Analysis of accounts

External Influences on Business Activity

• Economic issues
• Environmental and ethical issues
• Business and the international economy

The course is assessed through written examinations at the end of the two-year course.
All candidates take two papers.

• Paper 1 is short-answer and data response questions and will make up 50% of the overall
  assessment mark.
• Paper 2 is a case study which will focus on application and will make up 50% of the overall assessment mark.

The IGCSE course is also excellent preparation for students seeking employment and/or training.

Many students who achieve an A Level in Business/Economics go onto University and study a Business/Economics related degree course e.g. Business Management, Law, Economics, Accountancy.