How to study for IB Business Management?

Studying at a top university needs good grades. IB is excellent preparation for University courses. It ensures hard work, application, and sound thinking; all attributes help students stand in good stead for higher education and later in their careers.

Having said that, one can not completely rely on a month of golden effort before the final exam. For IB Business Management, here are a few best ways to achieve a 7.

• Start with aiming for a 7 in all your work. There is no magic bullet to score a 7 because it always comes down to hard work and dedication. Aiming to achieve a 7 in every piece of work will help you when you come short sometimes. Hard work equals straining the brain. Take notes, practice questions, and read around the topics.
• Be a business leader: Learn to manage. For Business Management, you need to think like a business leader. You have to be able to offer solutions to any business problem or opportunity. Do case studies to exercise this approach. Imagine yourself as either an advisor or a manager. Being ready to face the consequences of a wrong decision will make one more attuned to delivering the best answer.
• Replace common sense w. BUSINESS-SENSE.Make every answer a business answer. Do not give an answer that “anyone” could provide! Put CONTENT into the CONCEPT into the CONTEXT. For example, how the profit of a product helps the business achieve its strategy.
• Be an early bird. Your internal assessment must be started on time because your research will rely on other people outside the school environment. Though they will be more than willing to give their input, you would not be able to tie them down to a time that suits you. So start your coursework early.
• Be familiar with the syllabus. This will help you in making your strategy-you can either start with working on topics(marketing, operations, HRM, finance, etc.) or work around the core concepts(culture, change, ethics, innovation, etc.)
• Discuss more with your teacher. When it comes to developing your thinking, your teachers are a goldmine of information. Discuss case studies and topics per lesson with your teacher. Getting confronted with different opinions will strengthen your evaluative skills. This will help you develop your perspective on how you analyze business information.
• Find real-life examples instead of just memorizing. Apply your theories to businesses. For example, are there any businesses you visit often? Are you a consumer of books, electronics, clothes, make-up, shoes, movie tickets, etc.? When studying a theory, think of a business to see if you can apply the theory to it.
• Stay up to date. Every business has its unique methodology for operating its business. Reading up on the latest business news helps in understanding the different approaches each company takes.

Lastly, practice as much as you can. If any kind of help is required with the preparations, feel free to contact us by filling in our Student’s Assistance Form.
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