The Edexcel IGCSE in Commerce course is designed
to provide a sound understanding of commercial
activities. In particular it will benefit those who seek
employment in commercial occupations, whether in trade
or in one of the services ancillary to trade.
The IGCSE in Commerce will provide a valuable background for students who plan to study
A Level in Business Studies or Economics, and other business or economics courses.
IGCSE in Commerce enables learners to acquire knowledge and develop an understanding of the nature and purpose of commercial activities and commercial institutions. It aims to develop an awareness of the context within which commercial activity takes place.
Students will further develop an awareness of the nature and significance of innovation and change within the context of commercial activities, and an appreciation of the impact of IT on commerce, and the importance of commercial communication and documentation.
IGCSE Commerce is designed to prepare students for the
EDEXCEL IGCSE in Commerce (4CMO) examinations, held in
January and June in the UK.
This qualification is designed for those either in full time education or seeking professional development. Assessments are based on real commercial situations and the course provides a sound foundation for AS and A Level Business Studies, Economics or equivalent qualifications.
Production and Commercial Activity
This unit focuses on the production of goods and
services, various commercial activities, a range of key
occupations and the various commercial functions
involved. This unit will enable students to show
understanding of the concepts of production and the
factors of production as a means of providing goods and
services to satisfy human wants. Specialisation and the
division of labour is investigated, along with the
concepts of exchange, barter and money. Occupations are
classified and primary, secondary and tertiary
activities are examined.
This unit looks at retail trade in terms of its
functions, types, locations trends and techniques.
Wholesale trade is investigated, with a focus on the
functions and services of a wholesaler, wholesaler
structures and organisation, and recent developments in
wholesaling with the possible implications for
consumers. The benefits of international trade are
examined and distinctions between imports and exports
and visible and invisible trade made. Aids to export are
investigated, as are the concepts of customs and excise
duties, tariffs and quotas. The key features of the
current methods of payment are described, relating to
both home and international trade and exchange rates and
trading blocs analysed.
Consumer Credit and Protection
Students will gain knowledge of the act of buying goods and services, particularly online, and of types of credit available. Consumer protection is considered in relation to government and local authority roles and responsibilities, with learners gaining an understanding of the need for protection.
Students will learn about the UK's mixed economy of
private and public sector organisations. Commercial
calculations are explained including gross profit
margin, net profit, average stock and turnover rates.
Business performance measurement is investigated,
alongside performance improvement activities and various
sources of finance available to businesses in the
current economic climate.
Aids to Trade
Forms of money are examined, as are the key features and
functions of commercial banks and banking trends.
Transportation is considered in the distribution of
goods and a range of communication channels investigated
as a means by which to expedite trade. Business
insurance and risk are considered in terms of types of
cover available and associated administrative processes.
The role of advertising in trade is studied, in relation
to specific advertising techniques, agencies and
consumer protection against misleading practices.
- You can either pay for your course in full or opt for a
monthly payment plan.
- Standard Course Fee: £500/month for a combination of 5
courses that includes Commerce.
- You can speak to one of our course advisors now for
payment plans. Contact Us
- Please note that you are responsible for making your
own exam arrangements. You will have to pay an
examination fee as well as a centre fee which will vary
depending on exam centre.
- Find out more information about arranging your
You don't need any previous experience or qualifications
to enrol in our IGCSE Commerce course. Every possible
effort is made to make this type of education as
accessible as possible.
You will be required to submit test papers to your
course tutor. Number of tests will be at the tutor’s
discretion. Tests will be designed to assess your
learning and understanding of concepts taught during
lectures. Such tests provide a useful mechanism for
feedback on progress.
Paper 1 4CM0/01 - 2-hour external examination is
comprised of compulsory short-answer structured
questions, data-response questions and open-ended
questions. Questions will be drawn from all areas of the
subject content and the total number of marks available
You can sit exams in January and June for the lifetime of the qualification.
No coursework is required as part of the assessment for this course. It is 100% exam based.
Exams are held every June and January.
Important Exam Information
Please note that you are responsible for making your own
exam arrangements. You will have to pay an examination
fee as well as a centre fee which will vary depending on
Period for study/support is 12 months. During this time,
you will have full access to data and information
relevant to your course. However, you will have to be on
campus to access on line data.
The Edexcel IGCSE in Commerce is designed to provide a sound understanding of commercial activities, and will in particular benefit those who seek employment in commercial occupations, whether in trade or in one of the services ancillary to trade. The IGCSE in Commerce will provide a valuable background for students who plan to study Advanced GCE in Business Studies or Economics.