Students in class

IB Business and Management

Business Management is a dynamic, challenging and rigorous disciple in the individuals and societies subject group. The role of business being producing and selling goods and services to meet human needs and wants by organizing resources – operating, risk taking and profit making in a competitive environment is the characteristic of the most business organization. Even though Business Management shares varied skills and knowledge topics with other humanities and social sciences, it is different in many ways. Business Management is the subject on decision making in an organization, and on the other hand, Economics is about scarcity and resource allocation, on micro and macro levels. The use of Information technology in business contexts is examined by Business Management and in turn Information technology in a global society – ITGS examines its impact on another field of health and Government. Business Management studies on how individuals and groups interact in an organization and can optimize the usage of resources for sustainability.

IB Business Studies – Difference Between SL And HL

  • 240 hour of teaching for HL and 150 Hours for SL
  • Examination questions
  • Internal assessment task
  • Extension units for HL