The IB Diploma follows a three-term system. The first term runs from late August to mid December, with a one-week half-term break. The second term runs from early January to March/April. The third term runs from April to mid-June. There is no half-term break in the third term. Second year students take their examinations in May and graduate later that month. Download a print version of the dates and fees for 2017/2018.