IGCSE Business

Business is a popular subject across the world and students at HHIS will certainly enjoy this subject if they choose to select this as an IGCSE. Students will develop an understanding of business activity in the public and private sectors, and the importance of innovation and change. Students will find out how the major types of business organisation are established, financed and run, and how their activities are regulated. Factors influencing business decision-making are also considered, as are the essential values of cooperation and interdependence.

Through studying business concepts and techniques, students will develop their knowledge and understanding, the skills of application and analysis and also the ability to evaluate. The IGCSE Business syllabus therefore provides both a foundation for further study and is ideal preparation for the world of work.

Course Content

During Year 10 and 11, students will study 6 major topics within the Business syllabus.

Understanding business activity
People in business
Marketing
Operations Management
Financial Information and Decisions
External Influences on Business Activity

The topics are studied through a range of activities including practical work, research and by sharing personal experiences. Textbooks will of course be used as they offer a great source of information, but Business is real life and students always learn more and enjoy their work when they are immersed in the subject and can see how the topics work in practice.

Assessment

In Business Studies, there is no difference in the content and exams completed by students. All students study the same syllabus and can achieve grades A* - G.

During the two years of study, students will prepare for two exams as part of the IGCSE. The exams are known as Paper 1 and Paper 2. Both papers are worth 50% of the overall grade achieved and are completed at the end of Year 11.

Paper 1 and Paper 2 are both 90 minutes in length, requiring a mixture of short answers and structured data responses. The key difference between Paper 1 and Paper 2, is that the Paper 2 exam includes a case study as an insert which students need to analyse and provide applied decisions to support the business case study.

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