UGC NET Commerce syllabus 2023 is prescribed by the UGC (University Grants Commission). The detailed UGC NET syllabus 2023 for the Commerce subject has been provided here along with the important topics and best books for exam preparation. Also, download here the UGC NET Commerce syllabus PDF in Hindi and English.
University Grants Commission (UGC) has prescribed the syllabus for the UGC NET Commerce subject. Candidates who are looking forward to appearing for the UGC NET 2023 exam for Commerce subject should be aware of the detailed syllabus in order to prepare well in advance. Here, we have shared the detailed UGC NET Commerce syllabus 2023 for the ease of candidates. The UGC NET Commerce syllabus PDF is also provided below in Hindi as well as English languages.
The UGC NET 2023 exam is conducted for a total of 83 subjects, of which, Commerce is also a choice for the candidates. Candidates who did their post-graduation in Commerce subject can choose the same for the NTA UGC NET 2023. Candidates who want to choose the Commerce subject for UGC NET Paper 2 need to select ‘Subject Code 08’ while filling up the UGC NET application form 2023.
UGC NET Commerce Syllabus 2023: Names of Units
The UGC NET 2023 syllabus for the Commerce subject is divided into ten units. The units of the UGC NET Commerce syllabus are as follows:
- Unit 1: Business Environment and International Business
- Unit 2: Accounting and Auditing
- Unit 3: Business Economics
- Unit 4: Business Finance
- Unit 5: Business Statistics and Research Methods
- Unit 6: Business Management and Human Resource Management
- Unit 7: Banking and Financial Institutions
- Unit 8: Marketing Management
- Unit 9: Legal Aspects of Business
- Unit 10: Income-tax and Corporate Tax Planning
Also Read: UGC NET eligibility criteria 2023
UGC NET Commerce Syllabus 2023: Unit-Wise & Topic-Wise
Let’s have a look at the detailed unit-wise UGC NET syllabus 2023 for Commerce below:
Unit 1: Business Environment and International Business
- Concepts and elements of business environment: Economic environment- Economic systems, Economic policies(Monetary and fiscal policies); Political environment- Role of government in business; Legal environment- Consumer Protection Act, FEMA; Socio-cultural factors and their influence on business; Corporate Social Responsibility (CSR)
- Scope and importance of international business; Globalization and its drivers; Modes of entry into international business
- Theories of international trade; Government intervention in international trade; Tariff and non-tariff barriers; India’s foreign trade policy
- Foreign direct investment (FDI) and Foreign portfolio investment (FPI); Types of FDI, Costs and benefits of FDI to home and host countries; Trends in FDI; India’s FDI policy
- Balance of payments (BOP): Importance and components of BOP
- Regional Economic Integration: Levels of Regional Economic Integration; Trade creation and diversion effects; Regional Trade Agreements: European Union (EU), ASEAN, SAARC, NAFTA
- International Economic Institutions: IMF, World Bank, UNCTAD
- World Trade Organisation (WTO): Functions and objectives of WTO; Agriculture Agreement; GATS; TRIPS; TRIMS
Unit 2: Accounting and Auditing
- Basic accounting principles; concepts and postulates
- Partnership Accounts: Admission, Retirement, Death, Dissolution and Insolvency of partnership firms
- Corporate Accounting: Issue, forfeiture and reissue of shares; Liquidation of companies; Acquisition, merger, amalgamation and reconstruction of companies
- Holding company accounts
- Cost and Management Accounting: Marginal costing and Break-even analysis; Standard costing; Budgetary control; Process costing; Activity Based Costing (ABC); Costing for decision-making; Life cycle costing, Target costing, Kaizen costing and JIT
- Financial Statements Analysis: Ratio analysis; Funds flow Analysis; Cash flow analysis
- Human Resources Accounting; Inflation Accounting; Environmental Accounting
- Indian Accounting Standards and IFRS
- Auditing: Independent financial audit; Vouching; Verification ad valuation of assets and liabilities; Audit of financial statements and audit report; Cost audit
- Recent Trends in Auditing: Management audit; Energy audit; Environment audit; Systems audit; Safety audit
Unit 3: Business Economics
- Meaning and scope of business economics
- Objectives of business firms
- Demand analysis: Law of demand; Elasticity of demand and its measurement; Relationship between AR and MR
- Consumer behaviour: Utility analysis; Indifference curve analysis
- Law of Variable Proportions: Law of Returns to Scale
- Theory of cost: Short-run and long-run cost curves
- Price determination under different market forms: Perfect competition; Monopolistic competition; Oligopoly- Price leadership model; Monopoly; Price discrimination
- Pricing strategies: Price skimming; Price penetration; Peak-load pricing
Also Read: List of UGC NET subjects
Unit 4: Business Finance
- Scope and sources of finance; Lease financing
- Cost of capital and time value of money
- Capital structure
- Capital budgeting decisions: Conventional and scientific techniques of capital budgeting analysis
- Working capital management; Dividend decision: Theories and policies
- Risk and return analysis; Asset securitization
- International monetary system
- Foreign exchange market; Exchange rate risk and hedging techniques
- International financial markets and instruments: Euro currency; GDRs; ADRs
- International arbitrage; Multinational capital budgeting
Unit 5: Business Statistics and Research Methods
- Measures of central tendency
- Measures of dispersion
- Measures of skewness
- Correlation and regression of two variables
- Probability: Approaches to probability; Bayes’ theorem
- Probability distributions: Binomial, Poisson and normal distributions
- Research: Concept and types; Research designs
- Data: Collection and classification of data
- Sampling and estimation: Concepts; Methods of sampling - probability and non-probability methods; Sampling distribution; Central limit theorem; Standard error; Statistical estimation
- Hypothesis testing: z-test; t-test; ANOVA; Chi-square test; Mann-Whitney test (U- test); Kruskal Wallis test (H-test); Rank correlation test
- Report writing
Unit 6: Business Management and Human Resource Management
- Principles and functions of management
- Organization structure: Formal and informal organizations; Span of control
- Responsibility and authority: Delegation of authority and decentralization
- Motivation and leadership: Concept and theories
- Corporate governance and business ethics
- Human resource management: Concept, role and functions of HRM; Human resource planning; Recruitment and selection; Training and development; Succession planning
- Compensation management: Job evaluation; Incentives and fringe benefits
- Performance appraisal including 360-degree performance appraisal
- Collective bargaining and workers’ participation in management
- Personality: Perception; Attitudes; Emotions; Group dynamics; Power and politics; Conflict and negotiation; Stress management
- Organizational Culture: Organizational development and organizational change
Also Read:
UGC NET exam pattern 2023
UGC NET English Syllabus 2023
UGC NET History Syllabus 2023
Unit 7: Banking and Financial Institutions
- Overview of the Indian financial system
- Types of banks: Commercial banks; Regional Rural Banks (RRBs); Foreign banks; Cooperative banks
- Reserve Bank of India: Functions; Role and monetary policy management
- Banking sector reforms in India: Basel norms; Risk management; NPA management
- Financial markets: Money market; Capital market; Government securities market
- Financial Institutions: Development Finance Institutions (DFIs); Non-Banking Financial Companies (NBFCs); Mutual Funds; Pension Funds
- Financial Regulators in India
- Financial sector reforms including financial inclusion
- Digitisation of banking and other financial services: Internet banking; mobile banking; Digital payments systems
- Insurance: Types of insurance- Life and Non-life insurance; Risk classification and management; Factors limiting the insurability of risk; Re-insurance; Regulatory framework of insurance- IRDA and its role
Unit 8: Marketing Management
- Marketing: Concept and approaches; Marketing channels; Marketing mix; Strategic marketing planning; Market segmentation, targeting and positioning
- Product decisions: Concept; Product line; Product mix decisions; Product life cycle; New product development
- Pricing decisions: Factors affecting price determination; Pricing policies and strategies
- Promotion decisions: Role of promotion in marketing; Promotion methods - Advertising; Personal selling; Publicity; Sales promotion tools and techniques; Promotion mix
- Distribution decisions: Channels of distribution; Channel management
- Consumer Behaviour; Consumer buying process; factors influencing consumer buying decisions
- Service marketing
- Trends in marketing: Social marketing; Online marketing; Green marketing; Direct marketing; Rural marketing; CRM
- Logistics management
Unit 9: Legal Aspects of Business
- Indian Contract Act, 1872: Elements of a valid contract; Capacity of parties; Free consent; Discharge of a contract; Breach of contract and remedies against breach; Quasi-contracts;
- Special contracts: Contracts of indemnity and guarantee; contracts of bailment and pledge; Contracts of agency
- Sale of Goods Act, 1930: Sale and agreement to sell; Doctrine of Caveat Emptor; Rights of unpaid seller and rights of buyer
- Negotiable Instruments Act, 1881: Types of negotiable instruments; Negotiation and assignment; Dishonour and discharge of negotiable instruments
- The Companies Act, 2013: Nature and kinds of companies; Company formation; Management, meetings and winding up of a joint stock company
- Limited Liability Partnership: Structure and procedure of formation of LLP in India
- The Competition Act, 2002: Objectives and main provisions
- The Information Technology Act, 2000: Objectives and main provisions; Cybercrimes and penalties
- The RTI Act, 2005: Objectives and main provisions
- Intellectual Property Rights (IPRs): Patents, trademarks and copyrights; Emerging issues in intellectual property
- Goods and Services Tax (GST): Objectives and main provisions; Benefits of GST; Implementation mechanism; Working of dual GST
Unit 10: Income-tax and Corporate Tax Planning
- Income-tax: Basic concepts; Residential status and tax incidence; Exempted incomes; Agricultural income; Computation of taxable income under various heads; Deductions from Gross total income; Assessment of Individuals; Clubbing of incomes
- International Taxation: Double taxation and its avoidance mechanism; Transfer pricing
- Corporate Tax Planning: Concepts and significance of corporate tax planning; Tax avoidance versus tax evasion; Techniques of corporate tax planning; Tax considerations in specific business situations: Make or buy decisions; Own or lease an asset; Retain; Renewal or replacement of asset; Shut down or continue operations
- Deduction and collection of tax at source; Advance payment of tax; E-filing of income tax returns
UGC NET Commerce Syllabus PDF: Hindi & English
In order to appear for the UGC NET Commerce paper, candidates should have a thorough understanding of the syllabus. The UGC has released the latest syllabus for the Commerce subject in Hindi as well as English languages for the ease of candidates. Download the UGC NET Commerce syllabus 2023 PDF below
Medium of UGC NET Commerce Syllabus | Download PDF |
---|---|
UGC NET Commerce Syllabus in Hindi | Download Here |
UGC NET Commerce Syllabus in English | Download Here |
Best Books for UGC NET Commerce Preparation
Though there are numerous books available for the UGC NET Commerce subject in the market, here are some of the best books for exam preparation.
Book |
Author/ Publisher |
---|---|
Trueman's UGC NET Commerce | Parveen Kataria, Anshu Kataria, M Shivani |
NTA UGC NET / JRF /SET Commerce Paper 2 |
Arihant Experts |
NTA UGC NET / JRF /SET Vanjya Paper 2 (Hindi) |
Arihant Experts |
NTA UGC NET Commerce 2 Solved Papers |
Editorial Board |
NTA UGC NET/SET/JRF: Paper-II – Commerce |
KVS Madaan |
Also Read: UGC NET Books 2023 for Paper 1 & Paper 2
UGC NET Commerce Preparation Tips to Score High Marks
Have a look at some of the best UGC NET preparation tips 2023 below to score high in the Commerce subject:
- Go through the detailed UGC NET Commerce exam pattern and syllabus thoroughly.
- Undertake deep studies initially to cover the whole syllabus.
- Prepare study notes for quick revision at a later stage.
- Practice more with the help of UGC NET previous year’s question papers 2023.
- Solve more and more UGC NET mock tests 2023.
- Revise the UGC NET important topics on a daily basis.
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Comments
Hi. Qualifying marks in each subject or we can say Passing marks in UGC NET Exam are 45% Marks for general candidates and 40% for reserved category.
v
But according to UGC or open university can not give a b tech degree?
According to UGC or open university can give a B.Tech degree, today's every piece of education Available online and also valid.
The University Grants Commission (UGC) in India is responsible for the coordination, determination, and maintenance of standards of higher education in the country. As per the guidelines issued by UGC, Open Universities can offer degree programmes, including B.Tech, subject to certain conditions....The University Grants Commission (UGC) in India is responsible for the coordination, determination, and maintenance of standards of higher education in the country. As per the guidelines issued by UGC, Open Universities can offer degree programmes, including B.Tech, subject to certain conditions. One of the conditions set by UGC is that the Open Universities offering B.Tech degree programs must have the necessary infrastructure, faculty, and equipment to conduct laboratory practicals and other activities required for the degree programme. The UGC also requires that the Open Universities offering B.Tech programs must be recognised by the All India Council for Technical Education (AICTE). Therefore, it is possible for Open Universities to offer B.Tech degrees, but they must fulfill the conditions set by the UGC and be recognised by the AICTE.
p
My 64 question is correct will I be able to pass in UGC NET 2023 dec cycle for commerce subject.
Hi
General categorised students have to get 40 percentage marks and obc students are required 35 percentage.
S
I want to free coaching for commerce UGC NET and JRF. Where can I get it?
There are several options available online for free coaching for Commerce UGC NET and JRF. Here are a few suggestions:YouTube: There are many channels on YouTube that offer free coaching for Commerce UGC NET and JRF. You can search for channels like Study with Shubham, EduTap, UGC NET Commerce Gu...There are several options available online for free coaching for Commerce UGC NET and JRF. Here are a few suggestions:
YouTube: There are many channels on YouTube that offer free coaching for Commerce UGC NET and JRF. You can search for channels like Study with Shubham, EduTap, UGC NET Commerce Guru, Commerce World, and more. Online coaching platforms: You can also find online coaching platforms that offer free courses for Commerce UGC NET and JRF. Some popular platforms include Unacademy, Gradeup, and Testbook. Educational websites: Educational websites like Jagran Josh, Study IQ, and Examrace also offer free coaching and study material for Commerce UGC NET and JRF. Social media: You can also follow pages on social media platforms like Facebook, Twitter, and LinkedIn that provide free coaching for Commerce UGC NET and JRF.
G
What is the cutoff for UGC NET Psychology in the year 2023?
Hi,
UGC NET Cut Off 2023 [December 2021-June 22 Cycle]
Subject Code 004
JRF & Assistant Professor Cutoff
184
178.
L
Which phase will include management for the UGC NET exam?
Management is included as a subject in the UGC NET exam in the Management Paper 2 and Paper 3. Paper 2 consists of 100 multiple-choice questions, out of which 50 questions are compulsory and cover all topics of management. Paper 3, on the other hand, consists of 150 multiple-choice questions, out...Management is included as a subject in the UGC NET exam in the Management Paper 2 and Paper 3. Paper 2 consists of 100 multiple-choice questions, out of which 50 questions are compulsory and cover all topics of management. Paper 3, on the other hand, consists of 150 multiple-choice questions, out of which 75 questions are compulsory and cover all topics of management. The UGC NET exam is conducted twice a year by the National Testing Agency NTA on behalf of the University Grants Commission (UGC).. .
A
When is the next date to apply for the UGC NET?
K
Can a Nepali student who has done M.Sc from India apply for UGC NET and JRF exams?
The UGC NET Eligibility Criteria for nationality is an important factor for candidates to consider when applying for the exam. Only Indian citizens are eligible to apply for the UGC NET exam. Candidates who hold citizenship in any other country are not eligible to apply. If an Indian national res...The UGC NET Eligibility Criteria for nationality is an important factor for candidates to consider when applying for the exam. Only Indian citizens are eligible to apply for the UGC NET exam. Candidates who hold citizenship in any other country are not eligible to apply. If an Indian national resides overseas, they can apply for the exam. Ensure they have the appropriate paperwork to confirm their nationality.
V
Is the human resource paper of UGC NET in phase 3?
The National Testing Agency NTA has successfully conducted UGC NET December 2022, Phase-I for 57 subjects on 21, 22, 23 and 24 February 2023. The NTA is now conducting the UGC NET December 2022, Phase-II for 05 subjects at different Centres across the country on 28 February 2023, 01 and 02 Mar...The National Testing Agency NTA has successfully conducted UGC NET December 2022, Phase-I for 57 subjects on 21, 22, 23 and 24 February 2023. The NTA is now conducting the UGC NET December 2022, Phase-II for 05 subjects at different Centres across the country on 28 February 2023, 01 and 02 March 2023.
P
I am doing PG in MA economics. Can I give UGC NET exam in management? In Bachelors degree, I had both economics and management.
No, candidates are advised to appear in the same or related subject of their post-graduation only. The exam is conducted for 81 subjects or specializations. Candidates can check the list of the subjects and can apply according to that.
R
What is the passing marks for UGC NET labour laws exam held in June 2022.
Reply to Ruche Chadha