The Higher Level (HL) study of Business Management course is a more in-depth study of the concepts and techniques covered in the SL level, with emphasis on strategic analysis and mastery of more complex business quantitative tools and skills. The 5 main units in the course cover the basics of business startup and strategy, human resources, finance, marketing, and operations management. It encourages a holistic view of the business world through an exploration of four overarching concepts: creativity, change, ethics, and sustainability. The course culminates with three essay exams based on business case studies, with the third exam that is HL-only focusing on socially responsible enterprises. Students will also design a project and formal research paper in which they use secondary research to investigate a real-world challenge facing an existing company, apply business tools, analyze possible solutions, draw conclusions and make recommendations.