IBDP

IB Business Management

Learn About The Subject

IB Business Management explores how individuals and organizations operate, interact, and make decisions within dynamic business environments. The course examines core functional areas such as marketing, finance, operations management, and human resources, aiming to develop analytical, evaluative, and strategic thinking skills in local and global business contexts.

Common Challenges When Learning IB Business Management

Difficulty Linking Theory & Practice: Effectively applying business models and concepts to the analysis of diverse real-world case studies.
Challenge in Analysis & Evaluation: Requires skills in analyzing data (financial, market) and objectively evaluating business strategies.
Requirements for Critical & Multi-dimensional Thinking: Considering business issues from various perspectives (stakeholders, cultural context, ethics, etc.).
Complexity of the IA (Research Report): Conducting an independent, in-depth research report on a specific issue or business.

Course content

Unit 1: Business organization and environment

1.1: Introduction to business management
1.2: Types of organizations
1.3: Organizational objectives
1.4: Stakeholders
1.5: External environment
1.6: Growth and evolution
1.7: Organizational planning tools (HL only)

Unit 2: Human resource management

2.1: Functions and evolution of human resource management

2.2: Organizational structure

2.3: Leadership and management

2.4: Motivation

2.5: Organizational (corporate) culture (HL only)

2.6: Industrial/employee relations (HL only)

Unit 3: Finance and accounts

3.1: Sources of finance

3.2: Costs and revenues

3.3: Break-even analysis

3.4: Final accounts (some HL only)

3.5: Profitability and liquidity ratio analysis

3.6: Efficiency ratio analysis (HL only)

3.7: Cash flow

3.8: Investment appraisal (some HL only)

3.9: Budgets (HL only)

Unit 4: Marketing

4.1: The role of marketing

4.2: Marketing planning (including introduction to the four Ps)

4.3: Sales forecasting

4.4: Market research

4.5: The four Ps (product, price, promotion, place)

4.6: The extended marketing mix of seven Ps (HL only)

4.7: International marketing (HL only)

4.8: E-commerce

Unit 5: Operations management

5.1: The role of operations management
5.2: Production methods
5.3: Lean production and quality management (HL only)
5.4: Location
5.5: Production planning (HL only)
5.6: Research and development (HL only)
5.7: Crisis management and contingency planning (HL only)"

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Condition / Feature	Standard	Premium	Platinum
🌟Target Score Commitment	❌	❌	✅
Worksheets and Lesson Notes	✅	✅	✅
In-class Exercises and Solutions	✅	✅	✅
Extra Homework	✅	✅	✅
Exam-style and Past Papers	✅	✅	✅
Question Bank	✅	✅	✅
Saturday Morning Homework Support	❌	✅	✅
Fixed Teacher	❌	✅	✅
Support for IA, EE, TOK	❌	✅	✅
After-hours Message Response (until 9:30 PM)	❌	✅	✅
Initial Teacher & Student Meeting (Welcome Meeting)	✅	✅	✅
Teacher & Parent Conference	❌	✅	✅
Periodic Academic Reports	✅	✅	✅
Teacher's Feedback and Evaluation After Each Class	✅	✅	✅
Rescheduling Policy (Notice within working hours)	24 hours	12 hours	06 hours
Exam Pass Commitment	✅	✅	✅

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IB Business Management

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IB Environmental Systems and Societies

Frequently Asked Questions

Frequently Asked Questions About

IB Business Management

What level of math background is required for IB Economics?

IB Economics requires students to have strong logical thinking and quantitative skills, including the ability to draw and interpret graphs, perform basic calculations, and conduct simple data analysis. While the math requirement, especially at HL, is higher than for Business Management, it is generally not as specialized and complex as in Mathematics AA HL.

What's the main difference between Economics Standard Level (SL) and Higher Level (HL)?

Both SL and HL cover the 4 core parts of economics. However, HL delves deeper into microeconomic and macroeconomic theories, including more complex analytical models and requiring higher quantitative skills, which are assessed through a separate Paper 3 exam. HL also demands a deeper level of analysis and evaluation of economic policies in essays.

How does Economics differ from Business Management in the IB program?

Economics focuses on economic theories and principles at a larger scale (markets, nations, global), analyzing issues like inflation, unemployment, international trade, and the role of government. Conversely, Business Management focuses on how specific businesses operate and are managed, examining functions such as marketing, finance, human resources, and operations from an organizational perspective.

What does the Internal Assessment (IA) for Economics involve?

The IA for Economics is a portfolio consisting of three commentaries. For each commentary, students must choose a recently published economic news article (within one year), then use learned economic concepts, theories, and graphs to analyze and evaluate the content, issues, or policies discussed in that article.

What university and career opportunities benefit from studying IB Economics?

IB Economics provides a strong foundation of knowledge and analytical skills, which are highly valuable for many university fields such as Economics, Finance, Banking, Accounting, Public Policy, International Relations, International Business, Law, and related fields that require economic analytical thinking and market understanding.

Does Intertu Education offer trial classes for IB Economics?

Yes, Intertu Education offers trial classes for IB Economics. This is a great opportunity for you and your parents to directly experience our teaching methodology, get acquainted with our teachers, and assess suitability before deciding to enroll in the official course. Please contact our counseling department to learn more.

How is the tuition fee for the IB Economics course at Intertu calculated?

The tuition fee for IB Economics at Intertu Education depends on the study hour package and the level of support service (Standard, Premium, Platinum) that parents choose, aiming to best meet specific learning needs and academic goals. To receive a detailed fee quotation and to be advised on the most suitable study package, please contact Intertu's consulting team directly.

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IBDP

IB Business Management

Learn About The Subject

Common Challenges When Learning IB Business Management

Course content

Register For A Consultation With Our Experts

Personalized Learning Approach

Academic Pathway

Competency Assessment

Set Learning Objectives

Create A Learning Path

Implement And Optimize

MEET THE TEACHING TEAM

Dedicated Team Of Teachers Ready To Support Your Learning Journey

Tuan Nguyen

Duy Nguyen

Thuy Nguyen

Tra Nguyen

Tin Nguyen

Hieu Pham

Uyen Vu

Carolina Rondon

Choosing the right study package

Find The Optimal Academic Support Solution For You

Learn About Another Subject

Frequently Asked Questions

Frequently Asked Questions About

IB Business Management

CONTACT INTERTU

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