IB Business Management
The IB Business Management course at Young Scholarz is designed to develop students’ knowledge and understanding of business management theories, as well as their ability to apply a range of tools and techniques.
Students learn to analyse, discuss and evaluate business activities at local, national and international levels.
1:1 and Group Classes
We teach a hybrid model of solo and regular timetabled group classes (currently online). We assess the individual needs of every student and, partnering with parents, mutually decide on an appropriate course of study for the student. Our general recommendation is that students start their learning in a group class and once core theory has been understood, group sessions can be complemented with solo classes to consolidate learning and address any specific concerns.
We also offer paper marking services for this course. Having your practice papers marked will help give you a clear idea of where and how to improve. Please click here to know more.
What Will I Learn?
- Core curriculum topics
- A holistic view of the world of business to think critically and strategically about individual and organizational behaviour
- The importance of exploring business issues from different cultural perspectives
- Appreciate the nature and significance of change in a local, regional and global context
- Importance of environmental, social and ethical factors in the actions of individuals and organizations
- The importance of innovation in a business environment.
- Exam techniques and strategies through marked papers
- Lifelong subject skills that are applicable across fields
Topic Areas For This Subject
Business Organization & Environment
Get introduced to business management, the types of organizations, stakeholders, external environment and evolution
Human Resource Management
Learn about the functions of human resource management, structure, motivation, corporate culture and industrial/employee relation
Finance and Accounts
Learn about the sources of finance, cost and revenue, analysis, ratios, cash flow, appraisals and budgets
Role of marketing, planning, sales forecast, research, the 4 Ps (product, price, promotion, place), international marketing and e-commerce
Production methods, lean production, quality management, location, planning, research and development, crisis management
St. Joseph’s Institution International, IB Business student
I love attending Young Scholarz because Madam Sunita is very nice and careful to go through any misunderstandings. Learning a new subject such as Business Management was quite scary but the help from Young Scholarz has enabled me to score a level 7 and boost my confidence, while also deepening my love for the subject.
Overseas Family School, Grade 12 student
You were really thorough with the notes that I got from school. You had patience and helped me understand the concepts very well and made me confident in those concepts. Before I started the tuition, I was getting a 3 but I ended with a 5.