Subject Guide - Business Management (CB3) - June 2026

Sep 27, 2026

Uploaded by Aria

Subject Guide for Business Management (CB3), focused on preparing candidates for the Business Game, the associated assessments, and the submission workflow. The guide explains the five-week assessment cycle, required components (Business Report, Business Game Reflection, and Balanced Scorecard), booking rules, key dates, resubmission opportunity, and access to results via the VLE and Member Portal. It also specifies computer and browser requirements for participation and PDF-based uploads, plus guidance on access codes and managing missing deadlines.

LanguageEnglish

CategoryExam

FormatPDF

Pages10

Reading Time25 min

AccessFree to download

Introduction

Overview

Before game start

Assessment Booking

Access to the Business Game

Computer Requirements

Results

Resubmission deadline

Final results published

Subject Guide Business Management (CB3) June 2026 Contents Introduction ................................................................................................................ 3 Overview .................................................................................................................... 3 Assessment Booking .................................................................................................. 4 Computer Requirements ............................................................................................ 5 The Business Game ................................................................................................... 5 Business Game Scenario ....................................................................................... 7 Assessment................................................................................................................ 7 Part 1: Business Report .......................................................................................... 8 Part 2: Business Game Reflection .......................................................................... 8 Part 3: Balanced Scorecard .................................................................................... 9 Assignment Submission ............................................................................................. 9 Results ....................................................................................................................... 9 Accessibility.............................................................................................................. 10 Mitigation for missing deadlines ............................................................................... 10 Introduction This Subject Guide will provide you with information on the Business Game, the assignment , and the computer requirements. It is invaluable that you gain business and workplace experience to support you in achieving Business Management (CB3) , therefore we recommend you complete Business Management (CB3) within 18 months of joining the Institute and Faculty of Actuaries (IFoA) . Business Management (CB3) has 5 available assessments per year, in; February, May, July, October and December. Overview Each assessment will start on the first working day of the month for a duration of five weeks: • Four weeks of Business Game activity (ending on a Sunday) • Followed by one additional week (until the following Monday at 12 PM UK Time) to submit your final assignment. During this time, you will: • Individually participate in the Business Game (mandatory) . • Complete an assignment consisting of a Business Report , Business Game Reflection, and Balanced Scorecard all of which you will submit via the Virtual Leaning Environment (VLE) which is accessed through your Member Portal. The recommended time commitment for this subject is 80 hours which should include researching the topics , playing the Business Game and producing your assignment. It is expected that students will spend approximately 20 hours researching the topics; the remaining time will be spent on the other components. Once booked onto an assessment you will have access to the key dates , where you will be able to check submission and resubmission deadlines and results publication date. Before game start • One week before the game candidates receive access to VLE • Candidates familiarise with the VLE, access the subject guide and the assessment brief Game start ( run 4 week) • Day one in the morning candidate receive access to Market Place Simulation and start the game • Candidates are reccomended to complete one quarter per week • Last week of the game, download the balance score card that shows outcomes for all four quarters Submissions uploaded • One week after the end of the game (12 PM deadline ) candidates upload Business report, Busienss reflection and Balance scorecard

FAQs

What are the main components of the CB3 assessment submission?

The final submission includes a Business Report, a Business Game Reflection, and a Balanced Scorecard. All components are submitted via the Virtual Learning Environment (VLE).

How long does each CB3 assessment run and when is the final assignment due?

Each assessment runs for five weeks starting on the first working day of the month. Four weeks are for Business Game activity, followed by one additional week to submit the final assignment by 12 PM UK time on the following Monday.

What computer and technical requirements are required to access the CB3 Business Game and submit assignments?

CB3 is accessed through the VLE for submissions and a Business Game website for playing. Candidates need access to browsers such as Google Chrome, Edge, Safari, or Firefox, and all assignments must be uploaded as a PDF via the VLE.

Sep 27, 2026

Uploaded by Aria

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