Business Management in Practice


This module explores the different ways in which managers lead groups and manage businesses as a whole to achieve organisational objectives. This includes the ways businesses are structured and the functions and processes in place, how they develop and adapt strategies to meet their objectives and how they both create and respond to change.

Study text

If you have not yet downloaded your study text for this module and need it urgently, please email or call +44 (0)20 7580 4741 during business hours.

Exam material

In the table below you will find:

  • Exam paper - this is the paper that was set at the exam session
  • Mark scheme - this is the document markers used to assess students' answers
  • Examiner's report - this is the examiner's comment on the examination performance
  • Student answers - for some sessions we can show examples of answers students wrote in the examination
  • Pass rates - These pass rates refer to exams from the United Kingdom, Republic of Ireland and Associated Territories (all territories administered by the Chartered Governance Institute’s office in London).
IFA Level 5 Business Management in Practice exam material
Exam sessionExam paperMark schemeExaminer's reportExam scripts
November 2023 View View View
June 2023 View View View
November 2022 View View View
June 2022 View View View
November 2021 View View View Exam paper 1 (pass)
Exam paper 2 (distinction) 
June 2021 View View View
Nov 2020 View View View Exam paper 1
Exam paper 2
Nov 2019 View View View
June 2019 View View View
Nov 2018 View View View
June 2018 View View View

Nov 2017 View View View

Student response to Question 15

Student response to Question 16 

June 2017 View View View
Sample View View N/A

Search CGI