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 Business

The Edexcel IGCSE in Business is designed as a two-year course. As students’ progress, they are introduced to new ideas and concepts while continuing to use and reinforce previously learned concepts and skills. The course is designed to give students a sound understanding of business and the ability to use knowledge, skills and understanding appropriately in the context of local, national and global markets.

KEY SUBJECT AIMS

The Edexcel IGCSE in Business qualification enables students to:

-  develop an interest in and enthusiasm for the study of business
develop an understanding of business concepts, business terminology, business objectives and the integrated nature of business activity
understand how the main types of business are organised, financed and operated
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develop and apply knowledge, understanding and skills to contemporary business issues in a wide range of businesses from small enterprises to large multinationals and businesses operating  in local, national and global context
develop critical-thinking and enquiry skills to distinguish between facts and opinion, calculating, interpreting and evaluating business data, to help build arguments and make informed judgements
-  develop an understanding of the dynamics of business activity and the related considerations of ethics and sustainability for global businesses.

COURSE CONTENT

1 – Business activity and influences on business
2 – People in business
3 – Business finance
4 – Marketing
5 – Business operations

METHOD OF ASSESSMENT

There are two exams at the end of two years:

Paper 1: Investigating Small Business (Paper code 4BS1/01) – 1hr 30 (80 marks) 50%

Paper 2: Investigating Large Business (Paper code 4BS1/02) – 1hr 30 (80 marks) 50%

CAREER OPTIONS

IGCSE Business helps the student to develop an understanding of the world of work and, as such, is of value in any career choice.  Some of the more obvious careers benefiting from IGCSE Business include: Import/Export Sales; Marketing and Advertising; Hotel Management; Catering; Retail Management; Human Resources Management; Banking and Finance.

This subject can be continued both on to A-level, and into higher education at university