IGCSE Business 0264
The Syllabus of IGCSE Business 0264:
The Cambridge IGCSE Business 0264 syllabus covers six major topic areas that together provide a comprehensive understanding of how businesses operate, from the initial decision to start an enterprise through to the global forces that shape the commercial environment. The course requires approximately 130 guided learning hours across two years and is designed for students aged 14 to 16 with no previous study of business required.
- Topic 1 — Understanding Business Activity: the nature of business activity and how businesses add value, the primary, secondary and tertiary economic sectors, enterprise and the qualities of successful entrepreneurs, business growth and how size is measured, types of business organisation from sole traders through to public limited companies and franchises, and the objectives of businesses and their stakeholders.
- Topic 2 — People in Business: human resource management including recruitment, selection, employment contracts and training methods, organisational structures and management functions, leadership styles including autocratic, democratic and laissez-faire approaches, methods of communication within a business, and employee motivation theories from Maslow, Taylor and Herzberg alongside financial and non-financial incentives.
- Topic 3 — Marketing: the role of marketing and how markets change over time, mass and niche marketing with market segmentation, primary and secondary market research methods, the marketing mix covering product life cycle and brand image, pricing strategies including cost-plus, penetration, skimming and competitive pricing, distribution channels from direct sales to wholesalers and agents, and promotional methods including advertising and e-commerce.
- Topic 4 — Operations Management: production of goods and services including labour productivity and lean production methods such as just-in-time and kaizen, technology in production including automation and computer-aided manufacturing, sustainable production practices, cost classification and break-even analysis with margin of safety calculations, quality control versus quality assurance, and location decisions for manufacturing and service businesses.
- Topic 5 — Financial Information and Decisions: sources of business finance for start-up and expansion including internal sources such as retained profit and external sources such as share capital, bank loans and crowdfunding, cash flow forecasting and managing short-term cash problems, income statements showing revenue, cost of sales, gross profit and expenses, statements of financial position showing assets, liabilities and capital employed, and analysis of accounts using profitability ratios, liquidity ratios and the needs of different users.
- Topic 6 — External Influences on Business Activity: economic issues including the business cycle and government economic policy on taxes, spending and interest rates, the international business environment including globalisation, tariffs, quotas and the role of multinational corporations, environmental responsibilities and legal controls, ethical issues such as fair wages and responsible sourcing, and how pressure groups influence business decisions.
The exam consists of two papers each worth 50 percent of the final grade: Paper 1 is a one-hour-and-thirty-minute short answer and data response paper with four compulsory questions worth 80 marks, and Paper 2 is a one-hour-and-thirty-minute case study paper with four compulsory questions worth 80 marks based on a case study with data appendices. Calculators are permitted in both papers and candidates are eligible for grades A* to G. For the complete official syllabus, visit the IGCSE Business 0264 page on the Cambridge International website.
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Our Professors
Umit K.
Associate Professor Dr.
Ph.D., Drexel University
Expertise: IGCSE Business 0264
Experience: 7 years
Recent Placements: Columbia University, Duke University, Boston University, Northeastern University.
Student Reviews
University of Bath, Business and Management (Class of 2025)
Harrow School, London, UK
IGCSE Business 0264
Accepted: University of Leeds, University of Exeter, University of Southampton.
I was falling behind in business studies because I could not get the hang of break-even analysis and the case study questions were overwhelming me. A friend told me about Professor K and from the first session he made the numbers make sense. He showed me how to lay out break-even charts step by step and taught me a method for reading the case study material quickly so I could pick out the key information for each question. My grades went from a C to an A in two terms and I ended up with an A* in the final. I owe it all to his patience and his structured approach.