Course Content
Course Orientation
Start with the qualification, the six syllabus areas, the two compulsory papers, learning resources and the Polymath preparation pathway.
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Diagnostic Assessment: Business Knowledge and Decision-Making
Understand both papers, refresh the six syllabus areas and establish a starting profile across AO1–AO4. Diagnostic results guide study priorities; they are not Cambridge grades.
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Module 01: Understanding business activity
Business activity, economic sectors, enterprise, growth and size, business organisation, and business and stakeholder objectives.
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Module 02: People in business
Human resource management, organisation and management, communication and motivation.
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Module 03: Marketing
Marketing and markets, market research, the marketing mix and legal controls.
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Module 04: Operations management
Production, technology, sustainable production, costs, scale and break-even, quality and location.
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Module 05: Financial information and decisions
Finance, cash flow, profit and loss, financial position and accounts analysis.
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Module 06: External influences on business activity
Economic issues, the international economy, environmental and ethical issues, and pressure groups.
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Course recap & IGCSE exam success guidelines
Consolidate the whole syllabus, practise command words and complete paper-specific preparation for Papers 1 and 2.
Business 0264

How the qualification is assessed

All candidates take two externally assessed written papers. Both cover the complete syllabus and have equal weighting.

Paper Duration Marks Weighting Structure
Paper 1: Short Answer and Data Response 1 hour 30 minutes 80 50% Four compulsory questions using written, numerical or visual stimulus material.
Paper 2: Case Study 1 hour 30 minutes 80 50% Four compulsory questions based on a business case-study insert.

There is no coursework, speaking test or practical component. Final grades range from A* to G.

What each paper requires

Paper 1 combines short answers with structured data-response tasks. Under the 0264 format, each of the four questions has four subparts. Use the command word and mark allocation to decide how much explanation is needed.

Paper 2 uses a business case study and may include appendices such as tables, graphs, advertisements or newspaper extracts. Every part (a) question requires application to the business context. Read the relevant section of the insert before constructing the response.

Assessment-objective balance

Objective Paper 1 Paper 2
AO1 Knowledge and understanding 40% 30%
AO2 Application 30% 30%
AO3 Analysis 20% 25%
AO4 Evaluation 10% 15%

Preparing the right kind of response

  • A definition establishes accurate knowledge.
  • An applied answer uses the organisation’s circumstances and evidence.
  • Analysis explains a connected chain of consequences.
  • Evaluation compares relevant alternatives and reaches a supported decision.
  • A calculation must be interpreted: explain what the result means for the business.

Begin with accurate untimed work, then move towards the official 90-minute conditions. Use marks to guide pacing while leaving time to read instructions and check answers.

Examinations are available in June and November, with an additional March series in India. Private candidates may enter through an approved centre, which confirms the code, deadline and local arrangements.

Next: Open Learning Resources.

Notes & Resources
Business 0264 Assessment Overview.pdf
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