IB Business Management Unit 3 Summary: Finance & Accounts
This video covers all the key concepts you need to know as part of Unit 3: Finance & Accounts as part of the IB Business Management syllabus. At the end of the video, we will share with you the next steps you can take as part of your study routine depending on your familiarity with the content. Looking for more help with BM? Check out diplomaly.org for practice case studies, videos on response structures and more or get in touch with us for tutoring!
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TIMESTAMPS
0:00 Intro
0:17 Unit 3.1: Intro to finance
0:44 Unit 3.2: Sources of finance
4:08 Unit 3.3: Costs and revenues
6:25 Unit 3.4: Final accounts
09:26 Unit 3.5: Profitability ratios
11:37 Unit 3.6: Efficiency ratios (HL Only)
13:22 Unit 3.7: Cash flow
15:12 Unit 3.8: Investment appraisal
17:51 Unit 3.9: Budgets (HL Only)
19:20 Exam strategy
19:52 What’s next?
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