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What is the difference between BM and Economics?
What is the difference between BM and Economics?
Business management is the study of decision making within an organization, whereas economics is the study of scarcity and resource allocation, both on micro and macro levels.
What is the difference between HL and SL?
What is the difference between HL and SL?
Mainly the Internal Assessment – HL focus primarily on small businesses and the use of primary data and SL based mainly on larger organisations and the use of secondary data
Do I need to have taken Business Studies (at iGCSE) to do IB DP BM?
Do I need to have taken Business Studies (at iGCSE) to do IB DP BM?
No
What iGCSE grades are recommended for me to be able to do IB DP BM?
What iGCSE grades are recommended for me to be able to do IB DP BM?
For HL a B in History, Geography, or Business Studies recommended, as is at least a C in English and Maths.
Can I do both BM and Economics?
Can I do both BM and Economics?
Yes, but it is not recommended to do both at HL
Do I have to be good at Maths to do HL BM?
Do I have to be good at Maths to do HL BM?
An ability to do basic calculations and interpretation of numbers particularly for the Finance section of the course is necessary.
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