Group 3 - Business Management

Studying Business Management combines theory with real-world application

• One of the best ways to prepare for studying the Business Management Diploma Programme is to simply engage with business stories and case studies in the news.
• This will expose you to new and technical business terminology.

Business in the news

• Suggested sites for reading business news:
  • Tutor2U Business News Stories Blog - student friendly, questions and analysis on the stories included
  • BBC Business News - reputable world-wide news site
  • Forbes - dedicated to business news
  • CNBC - Founder Effect 

Business podcasts

• Freakonomics
• Hard Pass
• TED Talks on Business
• Girl Boss
• The Disrupters

Student magazine articles

• DECA Direct is a not-for-profit organisation that prepares emerging leaders and entrepreneurs in high schools and colleges around the globe.
• They have published the following interesting and engaging magazine issues which you can access for free:
  • How to be an Entrepreneur
  • Managing Finance
  • The Sports and Entertainment Industry - Marketing

Online introductory courses in business

• The Open University is generously offering many of its courses for free.
• The following are all 'introductory' level and will guide you through as you progress.
• Again, exposure to business terminology and foundational theory will serve you well in preparing for your Business post-16 studies.
  
  • The Business of Football
  • Fundamentals of Accounting
  • Different Types of Business

When you read or engage with any the above news stories, articles, courses or podcasts, you should:

• Identify problems businesses face
• Look out for business decision making - what has caused it? What are the consequences of it?
• Focus on stories which interest you and search for more on that business, industry or issue to explore it further - enjoy it!
• COVID had a huge impact on business - a suggested additional area for research and reading:
  • which businesses were particularly hard hit? why?
  • did any businesses benefit? why?
  • what changes might occur in the way we do business globally in the future?
  • what opportunities might this present to businesses?

• See this video for an insight into how businesses were impacted and responded to the coronavirus. Additionally, this video provides an introduction to corporate social responsibility in action during the coronavirus pandemic.

Want to get a head start on the syllabus content? The videos below provide an introduction to some of the IB Business Management units and toolkit.

• Unit 1
• Unit 2
• Unit 3
• Unit 4
• Unit 5
• Toolkit 

The following resources below provide more information on the syllabus units and toolkit.