Subject Leader: Mr M Bogan – mbogan@knoleacademy.org
Exam Board: International Baccalaureate
Entry Requirements
Minimum of 5 9-5 grades in GCSE examinations, including English and Maths.
Intent
Ever wondered how what you are learning in your lessons applies to the world at large? IB Business Management will apply your knowledge of business in a global manner.
Implementation
Business management opens up a number of opportunities. The diverse topics covered will ensure that students will develop the necessary skills to go into any business environment and be successful. Having an appreciation for the world of business will ensure employers take note of those students who make the best of this qualification.
The aims of the business management course are to:
- encourage a holistic view of the world of business
- empower students to think critically and strategically about individual and organizational behaviour
- promote the importance of exploring business issues from different cultural perspectives
- enable the student to appreciate the nature and significance of change in a local, regional and global context
- promote awareness of the importance of environmental, social and ethical factors in the actions of individuals and organizations
- develop an understanding of the importance of innovation in a business environment.
Impact
Through studying IB, students develop key academic and employability skills such as reflection, critical thought and communication. The IB Business Management also develops learner awareness of global business and how the business environment operates worldwide.
The IB also teaches students to become critical thinkers who understand the issues from many angles. Students are encouraged to develop reasoning and problem-solving skills, which will be valuable to future higher education providers and employers.
Course Outline
Unit 1: Business Organisation and Environment
Unit 2: Human Resource Management
Unit 3: Finance and Accounts
Unit 4: Marketing
Unit 5: Operations Management
Examination Information
Exam Board: International Baccalaureate
Qualification: Business Management Diploma
Two written external exams are taken at the end of Year 13. You will also be required to submit an internal assessment, which will require you to investigate an issue in an existing business
Future Courses and Possible Careers
Business Management, Accounting, Finance, Retail Management, Banking, Project Management and more.