IBDP Business & Management (an overview)

Paul Hoang

© International Baccalaureate Organization 2007

Where does B&M fit in?

B&M is a subject in Group 3, i.e. Individuals and societies

Although B&M is a subject in its own right, it is not a stand-alone entity in the IBDP

Where possible, make links to other areas, especially TOK

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What else is offered in Group 3?

Economics Geography History ITGS Islamic History Philosophy Psychology Social and cultural anthropology World religions Environmental systems and Societies – transdisciplinary

www.canadorec.on.ca/ProgramInfo/FullTime/Business/images/businessWelcome_4.jpg

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Growth in B&M

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0100020003000400050006000700080009000

2002 2003 2004 2005 2006 2007 2008 2009

Source: IBCA

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Course overview

B&M exam has 3 components: Paper 1 - External Assessment Paper 2 - External Assessment Internal Assessment (coursework)

Use B&M Guide (syllabus) for learning outcomes

Accessible to students without prior B&M background

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Syllabus outline

Business organization and environment Human Resources Accounting and Finance Marketing Operations management

Business Strategy (HL Only)

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Topic 6 – Business Strategy

Does not add new content to the B&M course Synthesizes B&M ideas, concepts and techniques

from the topics in the HL course These ideas, concepts and techniques allow informed

decisions to be made about the future direction of an organization

Assessed in section C of Paper 1, requiring a strategic response.

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Topic 6 – Strategy framework

Useful as a tool for synoptic assessment and revision Strategy is about asking questions: what, why, when,

how, where and who?

Page 8 © IBO, 2007

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Topic 6 – the three-stage process

Stage 1: Strategic analysis – where is the business now?

Stage 2: Strategic choice – where is the business aiming to be?

Stage 3: Strategic implementation – how is the business going to achieve its objectives?

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How do you manage the syllabus?

There is a lot to get through(!)

Important that you start as soon as you can

The learning outcomes are very clear – avoid including more material than you need to

Draw up SOW and be strict with yourself

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Teaching order (at STC)

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Year 12 Year 132. Human Resources 3. Accounting & Finance

4. Marketing 5. Operations Mgt

1. Business organization and environment

6. Business Strategy (HL Only)

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Higher Level Vs. Standard Level

HL SLTeaching hours 240 150Number of topics 39 32Homework (hr p/w) 2 1HL extension

Business Strategy

IA word limit 2,700 1,500

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Awarding the IB Diploma

Academic subjects each score between 1 and 7 points

Matrix of TOK and Extended Essay together can score up to three bonus points

No score for CAS Thus the highest score possible is 45 points 24 points needed for a Diploma to be awarded

(there are some conditions though)

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Students can take individual certificates rather than embark on the full Diploma programme of study

A certificate can be awarded for each subject studied

Individual certificates are recognised by universities and institutes of further education

The IB Diploma Vs. Certificate programme

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IB encourages positive attitudes to learning in our students

The IB ethos embraces a continuum in terms of international education

TOK is integral to all aspects of the IBDP

Expectations

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Promoting internationalism

What does internationalism mean to you?

How can we promote internationalism in our B&M teaching?

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The learner profile

How can we work towards producing learners who have the IBLP attributes in our B&M teaching?

Inquirers KnowledgeableThinkers CommunicatorsPrincipled Open-mindedCaring Risk-takersBalanced Reflective

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B&M education outside the classroom

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• Educational visits

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B&M education outside the classroom

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• Competitions

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B&M education outside the classroom

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• Guest speakers