Introduction to business management
Human resource management
Finance and accounts
Marketing
Operations management
The IB Business Management Toolkit
One of the big changes you'll notice is the introduction of what the IB calls the ‘Business Management Toolkit’ (the BMT). This consists of 15 different tools, theories and techniques that students can use in all aspects of the new course, including Internal and External assessments and the Business Management Extended Essay. In the past, Business Management students have often been a little confused about which tools, theories and techniques they can use for their Internal Assessment and the Extended Essay, so the inclusion of a highly comprehensive toolkit should help them in moving forward with their assessments. You can download the Business Management Toolkit from the IB DP Business Management Subject Page in ManageBac, or directly from the IB, using your MyIB Login.New Concepts
Another change that teachers will notice is the removal of the CUEGIS concepts. However, concept-based learning is still integral to an IB education, so the new course will include four key concepts as part of the pedagogical framework. These are:
Change
Ethics
Creativity
Sustainability
A Third Paper
A further noticeable change is the inclusion of a third paper for HL students. Paper 3 will be based on a social enterprise, with students expected to answer three questions. The first question relates to a particular human need that the social enterprise seeks to meet. The second question considers the organisational challenges that are preventing the social enterprise from meeting the identified human need. And the third question requires students to recommend a plan of action to address the two organisational challenges.A New Common Internal Assessment
Finally, the other major change is the introduction of a new common Internal Assessment (IA). This means that both SL and HL students have the same task, with the same marking criteria. The IA examines an issue or problem facing a real-world business. Students need to address this using one of the four key concepts, backed up by evidence using between three and five supporting documents. These supporting documents can be from primary and/or secondary market research sources. The word limit for the IA is 1,800 words. The common IA will make this task much easier for teachers to deliver, especially for those who have mixed classes of SL and HL students; so, this is a much-welcomed change. I hope this brief overview gets you a little excited about the new Business Management course. All the best to you and your students in the new academic year!More Information:
For further guidance on changes to the IB DP Business Management Guide, visit the IB DP Business Management Page, using your MyIB Login. You can also navigate to the ManageBac IB DP Business Management Page, using the Globe Icon at the top of any Class page, where you will find additional resources and support.

About the Author

Paul Hoang
Subject Leader, Business Management and Economics
Paul Hoang is an experienced IB Teacher, Workshop Leader and Author. As Subject Leader for DP Business Management and Economics, Paul is responsible for providing the ManageBac teaching community with subject-specific ideas and expertise via our IB DP Business and Economics Subject Pages.
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