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Assessment
How Cambridge IGCSE Business is assessed
There are no tiers. Everyone takes both papers, each worth 50%, and can get grades A*–G.
Syllabus 0264, for exams in 2027–2029. It replaces Business Studies 0450, which has its last exams in 2026 and the same two papers.
All students
Paper 1: Short Answer and Data Response
Four compulsory questions, each built on stimulus material such as tables, graphs and images
- Time
- 1 h 30 min
- Marks
- 80
- Weight
- 50%
Paper 2: Case Study
Four compulsory questions on a case study given as an insert, with data in its appendices
- Time
- 1 h 30 min
- Marks
- 80
- Weight
- 50%
There is no coursework. Both papers are written exams, and the case study is first seen in the exam.
From the official Cambridge International syllabus, checked October 2026. Read the syllabus
Syllabus content
What’s on the Cambridge IGCSE Business syllabus
- Understanding business activity
- People in business
- Marketing
- Operations management
- Financial information and decisions
- External influences on business activity
Where marks are lost
Common Cambridge IGCSE Business mistakes
Answering about business in general.
Use the case: its name, its products and the numbers in the appendices. A point that would fit any business earns fewer marks.
Treating profit and cash as the same thing.
A profitable business can still run out of cash. Profit is revenue minus costs; cash flow is about when money comes in and goes out.
Stopping before the decision.
Questions that ask you to justify or recommend need a clear choice, the reason it beats the alternative, and what it depends on.
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