What Will Students Learn?
In this course, students develop a robust understanding of how businesses operate in local, national, and global markets - combining management theory, applied decision-making, strategic analysis, and real-world business contexts.
Students begin by exploring key principles including market structures, customer needs, enterprise, organisational behaviour, leadership, human resources, and marketing fundamentals. As the course advances, students study financial management, operational efficiency, resource management, production systems, business finance and performance measurement.
Finally, the course explores global business dynamics: international trade, multinational corporations, global marketing strategies, cross-cultural considerations, economic integration, exchange rate impacts, and ethical responsibilities.
Skills & Understanding Developed
- Data interpretation and quantitative analysis (e.g. profitability, cash flow, break-even, financial ratios)
- Critical evaluation and decision-making: weighing business options, forecasting outcomes, assessing risks and benefits
- Strategic thinking: understanding long-term planning, competitive positioning, leadership and global expansion
- Communication skills: writing structured essays, constructing coherent arguments, and making evidence-based recommendations
- Awareness of global, ethical, environmental and social dimensions of business operations
Examination Structure
The full IAL Business qualification is assessed through four externally examined units.
| Unit | Title / Focus | Duration | Notes |
|---|---|---|---|
| Unit 1 | Marketing and People | 2 hours | Short answer, data-response and open-response; marketing, HR, entrepreneurship |
| Unit 2 | Managing Business Activities | 2 hours | Operations management, finance and budgeting, business environment |
| Unit 3 | Business Decisions and Strategy | 2 hours | Unseen case-study; strategic decision analysis, investment appraisal |
| Unit 4 | Global Business | 2 hours | Pre-released context + unseen; global trade, ethics, international strategy |
International AS (IAS) awarded after Units 1 and 2. Full IAL requires all four units.
Higher Education & Career Pathways
- Business Management, International Business, Marketing, Human Resources, Entrepreneurship degrees
- Finance, Accounting, Economics, Banking, and Analytical or Consultancy careers
- Global business roles requiring understanding of international markets
- Hospitality, Retail, Supply-chain, Logistics, and Service Industry management
- Further education in Economics, Law, Business Analytics, or multidisciplinary courses
Ready to Study Business?
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