Taking IGCSE or O'Level Business Studies? This is what you need to know...

Updated: Jan 21, 2021

The business studies examination consist of Paper 1 and Paper 2. They both share a similar weightage of 50% and are both mandatory. The difference between the two papers are the question format and marking


Paper 1 consist of 4 questions with 5 sub-questions each, which totals to 80 marks. These sub-questions require short answers which are awarded 2, 4 or 6 marks, which totals to 20 marks for each question. To earn all 80 marks, all 4 questions must be attempted.


Paper 2 also consist of 4 questions, but only have 2 sub-questions each to the total of 80 marks. They are awarded 8 and 12 marks respectively to make up 20 marks each question.


This means you need to score each paper equally well or one paper very well, and the other moderately well to earn a good grade

Candidates are assessed on their

  1. Knowledge and Understanding - facts, key terms, concepts, conventions, roles, functions, theories and techniques

  2. Application - able to show ability to use Knowledge by demonstrating or referring to it in answer

  3. Analysis - able to accurately present consequences of business decision or situations