Due to ongoing reforms, the final opportunity to sit exams for this specification is Summer 2018. Our new course for 2019 exams onwards will be available from Autumn 2017.
Due to the short amount of time left until the Summer 2018 exam session, we advise students to reconsider moving their exam intention to Summer 2019 and enrolling on our new course. If you do decide to go ahead with 2018 exams, the deadline for enrolling is 31st December and we strongly recommend adding our Fast Track service to your enrolment. After this final date you would need to enrol on our new course.
This IGCSE in business studies is designed to impart all the information you need to gain a sound understanding of the fundamentals of business. You can expect to learn about relevant terminology, concepts and methods, examine business-related issues affecting both the UK and international markets, develop a critical approach and learn to analyse business data. Perfect for anyone wishing to work in business, and also giving a head-start to anyone thinking about studying business at a higher level, this distance learning course forms a comprehensive introduction to the world of commerce, industry and finance. Full details of the course can be found below.
Would you prefer to pay for your course by instalments? Please see the ‘How to enrol’ section below for details of our low cost, interest free finance available.
No previous knowledge is required for this course.
Hours of study
As a guideline, you should allow for between 120 and 150 hours' study time, plus additional time for completing assignments. You will have tutor support for a period up until the final exam opportunity in Summer 2018.
Exams and assessment
- 2 hours, 100% of marks
Non-exam assessment (NEA):
All exams must be taken in the same session.
At the time of writing, please note that due to upcoming changes the final opportunity to sit exams for this course is Summer 2018.
NEC's tutor-marked assignments:
- 1 introductory assignment
- 15 assignments
Your course is delivered online through learn@nec, so it’s important that you have access to a computer and the internet. We recommend that your computer is using one of the following operating systems and browsers to improve your experience of using learn@nec:
- Windows 7 or later
- Mac OSX 10.7 or later
- Google Chrome OS
- Android 4.4 or later, using the Chrome browser
- iOS 6 or later, using the Safari browser
- Google Chrome (latest version)
- Mozilla Firefox (latest version)
- Safari 6 or later
- Internet Explorer 10 or later (excluding IE11)
learn@nec may work on other operating systems and browsers with some restrictions. You can see full details of the system requirements by clicking here.
How to enrol
How to enrol
There are several ways to enrol with NEC:
- Click the ‘Enrol now’ button above
- Telephone us on 0800 389 2839 or +44(0)1223 400200 and speak to our course advice team
- Ask us to send you an enrolment form which you can complete and return by post.
How can you pay?
It’s your choice: you can pay in full at the point of enrolment, or you can spread the cost over monthly instalments with our finance offer. To pay in instalments you will need to enrol by telephone.
Amount of credit:
Duration of agreement:
Rate of interest:
0% APR representative.
The National Extension College (NEC) is the trading name of the Open School Trust, which is authorised and regulated by the Financial Conduct Authority (register number 676788). Finance is provided through the Deko platform by a number of lenders. You will be offered the best rate available based on your credit history and the lenders’ credit decision policies.
Deko is a trading name of Pay4Later Ltd who act as a credit intermediary. They are registered in England and Wales (company number 06447333) and authorised and regulated by the Financial Conduct Authority (register number 728646). For more information please go to www.dekopay.com/faq or visit www.dekopay.com.
Module 1: Business activity and the changing environment
- Business, its aims and objectives
- Types of private sector business organisations
- Public ownership
- Factors of production
- Primary, secondary and tertiary activity
- Location of industry
- Government influences on business
- External influences
- Judging success
Module 2: Human resources
- Internal organisation
- Recruitment and selection
- Motivation and rewards
Module 3: Accounting and finance
- External and internal sources of finance
- Budgets and cash flow forecasts
- Costs and break-even analysis
- Financial statements
- Ratios and performance
Module 4: Marketing
- The market
- The marketing mix: product
- The marketing mix: price
- The marketing mix: distribution (place)
- The marketing mix: promotion
- Market research
Module 5: Production
- Economies and diseconomies of scale
- Methods of production
Thank you for your interest in this course.
Please fill out your details below, and you will receive an email containing a link to download the course sample.
What our students say...
"Studying can be hard but enjoyable. The distance learning courses are designed to be easy to follow and they enable you to develop self-motivation, a helpful skill to have. All the staff at the NEC are very kind and helpful – they and the tutors make learning a pleasant experience."
— Tasmyn Johnson