UGC NET Commerce: Syllabus, Exam Pattern & Sample Questions

Browse Syllabus by Exams

IIBF CLAT NEET UGC NET

Are you searching for the syllabus of UGC NET Commerce? Here you will get the latest syllabus for the National Eligibility Test (UGC-NET) exam. It will surely help you in the effective preparation of NET Commerce exam (Paper II, Paper III-A & Paper III-B). CBSE NET Commerce exam will be conducted by the Central Board of Secondary Education (CBSE). The syllabus given below is based on the latest pattern of the University Grants Commission (UGC) - Commerce curriculum. We suggest you to check our free online mock tests for UGC NET examinations.

We have listed some of the frequently asked questions (FAQs), asked by the UGC NET (Commerce) candidates, so that they will get a basic idea of NET (Commerce) exam pattern.

Recommended UGC NET Commerce: Free mock test

UGC NET Commerce Syllabus: Paper III (Part-A)

UGC NET Commerce Syllabus: Paper II & Paper III (Core Group)
Unit Details
Unit IBusiness Environment
Unit IIFinancial & Management Accounting
Unit IIIBusiness Economics
Unit IVBusiness Statistics & Data Processing
Unit VBusiness Management
Unit VIMarketing Management
Unit VIIFinancial Management
Unit VIIIHuman Resources Management
Unit IXBanking and Financial Institution
Unit XInternational Business

UGC NET Commerce Syllabus: (Paper III - Part B)

UGC NET Commerce Syllabus: Paper III (Optional Paper)
Paper Details
Elective Paper IAccounting and Finance
Elective Paper IIMarketing
Elective Paper IIIHuman Resource Management
Elective Paper IVInternational Business
Elective Paper VIncome - Tax Law and Tax Planning

UGC NET Commerce (Paper II & Paper III-A): Detailed Syllabus

Given below is the list of unit wise syllabus for UGC NET (Commerce) paper-II & paper-III (A).

Unit - I : Business Environment

  • Meaning and Elements of Business Environment.
  • Economic environment, Economic Policies, Economic Planning.
  • Legal environment of Business in India, Competition policy, Consumer protection, Environment protection.
  • Policy Environment : Liberalization Privatisation and globalisation, Second generation reforms, Industrial policy and implementation. Industrial growth and structural changes.

Unit - II : Financial & Management Accounting

  • Basic Accounting concepts, Capital and Revenue, Financial statements.
  • Partnership Accounts : Admission, Retirement, Death, Dissolution and Cash Distribution.
  • Advanced Company Accounts : Issue, forfeiture, Purchase of Business, Liquidation, Valuation of shares, Amalgamation, Absorption and Reconstruction, Holding Company Accounts.
  • Cost and Management Accounting : Ratio Analysis, Funds Flow Analysis, Cash Flow Analysis, Marginal costing and Break-even analysis, Standard costing, -Budgetary control, Costing for decision-making Responsibility accounting.

Unit - III : Business Economics

  • Nature and uses of Business Economics, Concept of Profit and Wealth maximization. Demand Analysis and Elasticity of Demand, Indifference Curve Analysis, Law.
  • Utility Analysis and Laws of Returns and Law of variable proportions.
  • Cost, Revenue, Price determination in different market situations : Perfect competition, Monopolistic competition, Monopoly, Price discrimination and Oligopoly, Pricing strategies.

Unit - IV : Business Statistics & Data Processing

  • Data types, Data collection and analysis, sampling, need, errors and methods of sampling, Normal distribution, Hypothesis testing, Analysis and Interpretation of Data.
  • Correlation and Regression, small sample tests : t-test, F-test and chi-square test.
  • Data processing : Elements, Data entry, Data processing and Computer applications.
  • Computer Application to Functional Areas : Accounting, Inventory control, Marketing.

Unit - V : Business Management

  • Principles of Management.
  • Planning : Objectives, Strategies, Planning process, Decision-making.
  • Organising, Organisational structure, Formal and Informal organisations, Organisational culture.
  • Staffing
  • Leading : Motivation, Leadership, Committees, Communication.
  • Controlling
  • Corporate Governance and Business Ethics.

Unit - VI : Marketing Management

  • The evolution of marketing, Concepts of marketing, Marketing mix, Marketing environment.
  • Consumer behaviour, Market segmentation.
  • Product decisions
  • Pricing decisions
  • Distribution decisions
  • Promotion decisions
  • Marketing planning, Organising and Control.

Unit - VII : Financial Management

  • Capital Structure, Financial and Operating leverage.
  • Cost of capital, Capital budgeting.
  • Working capital management
  • Dividend Policy

Unit - VIII : Human Resources Management

  • Concepts, Role and Functions of Human Resource management.
  • Human Resource Planning, Recruitment and Selection.
  • Training and Development, Succession Planning.
  • Compensation : Wage and Salary Administration, Incentive and Fringe benefits, Morale and Productivity.
  • Performance Appraisal
  • Industrial Relations in India, Health, Safety, Welfare and Social security, Workers' Participation in Management.

Unit - IX : Banking and Financial Institution

  • Importance of Banking to Business, Types of Banks and Their Functions, Reserve Bank of India, NABARD and Rural Banking.
  • Banking Sector Reform in India, NPA, Capital adequacy norms.
  • E-banking
  • Development Banking : IDBI, IFCI, SFCs, UTI, SIDBI.

Unit - X : International Business

  • Theoretical foundations of international business, Balance of Payments.
  • International liquidity, International Economic Institutions : IMF, World Bank IFC, IDA, ADB.
  • World Trade Organisation: Its functions and policies.
  • Structure of India's foreign trade : Composition and direction, EXIM Bank, EXIM Policy of India, Regulation and promotion of Foreign Trade.

UGC NET Commerce (Paper III-B): Detailed Syllabus

Given below is the list of elective paper wise syllabus for paper III (Part B).

Elective - I : Accounting and Finance

  • Accounting standards in India, Inflation Accounting, Human Resource Accounting, Responsibility Accounting, Social Accounting.
  • Money and Capital market, Working of stock exchanges in India, NSE, OTCEI, NASDAQ, Derivatives and Options.
  • Regulatory Authorities : SEBI, Rating Agencies; New Instruments; GDRs, ADRs.
  • Venture Capital Funds, Mergers and Acquisitions, Mutual Funds, Lease Financing, Factoring, Measurement of risk and returns securities and portfolios.
  • Computer Application in Accounting and Finance.

Elective - II : Marketing

  • Marketing Tasks, Concepts and Tools, Marketing Environment.
  • Consumer Behaviour and Market Segmentation.
  • Product decisions
  • Pricing decisions
  • Distribution decisions
  • Promotion decisions
  • Marketing Researches
  • On-line marketing
  • Direct Marketing; Social, ethical and legal aspects of marketing in India.

Elective - III : Human Resource Management

  • Concept; Role and Functions of Human Resource Management.
  • Human Resource Planning, Job analysis, Job description and specifications, Use of Job analysis information, Recruitment and Selection.
  • Training and Development, Succession Planning.
  • Compensation : Wage and Salary administration, Incentives and Fringe benefits, Morale and Productivity.
  • Appraisal Performance
  • Industrial Relations in India, Health, Safety, Welfare and Social Security, Workers participation in Management.

Elective - IV : International Business

  • Foreign Direct Investment and Multinational Corporations-MNCs Culture, MNCs and LDCs, Joint Ventures.
  • Regional Economic Integration : SAARC, ASEAN, EC, NAFTA.
  • India and WTO, Intellectual Property Rights.
  • Foreign Exchange : Exchange rate, Mechanism, Risk management, Transfer of international payments, Convertibility of Rupee, Current and Capital Accounts; Issues and Perceptions, Derivatives and Futures.
  • Foreign investment Institutions; Instruments : GDRs, ADRs, FIIs-their role in Indian Capital Market.

Elective - V : Income - Tax Law and Tax Planning

  • Basic concepts, Residential status and tax incidence, exempted incomes, computation of taxable income under various heads.
  • Computation of taxable income of individuals and firms.
  • Deduction of tax, filing of returns, different types of assessment; Defaults and penalties.
  • Tax Planning : Concept, significance and problems of tax planning, Tax evasion and tax avoidance, methods of tax planning.
  • Tax considerations in specific business decisions, viz., make or buy; own or lease, retain or replace; export or domestic sales; shut-down or closure; expand or contract; invest or disinvest.
  • Computer Application in Income tax and Tax planning.

UGC NET Commerce: Exam Pattern (FAQs)

Is it mandatory to qualify UGC General Paper-1?
Yes, it is necessary for all UGC (Commerce) candidates to pass UGC General Paper-1: Teaching & Research Aptitude (TRA) exam
How many question papers are there in the UGC NET (Commerce) exam?
Two: Paper II and Paper III
How many questions will be their in NET Commerce (Paper II)?
Their will be a total of 50 questions in UGC Commerce Paper II
What type of questions are asked in UGC Commerce exam?
Paper-II contains questions of objective nature: MCQs; Matching type; Assertion-Reasoning; True / False. Paper-III (Part A): Essay type questions. Paper III (Part B): Essay type questions from each of the electives

UGC NET Commerce - Paper II: Sample Questions

(1) Under the national equity fund scheme of SIDBI, the Collateral insisted upon the software loan is:

  1. Land
  2. Land and machine
  3. Plant
  4. None of the above

(2) The process by which an individual organizes and interprets his impression of the environment around him is known as:

  1. Attitude
  2. Perception
  3. Personality
  4. Value

(3) According to the Marketing concept, the different functional areas of the firm should blend their efforts in order to maximize:

  1. Profit
  2. Sales
  3. Market share
  4. customer satisfaction

UGC NET Commerce - Paper III (Part A): Sample Questions

  1. Describe how you would analyse the financial statements of a company.
  2. Explain Maslow's need-hierarchy theory.
  3. Distinguish between the selling concept and the marketing concepts?
  4. Explain the advantages and limitations of promoting the employee from within.

UGC NET Commerce - Paper III (Part B): Sample Questions

  1. Describe and evaluate the various methods of capital budgeting.
  2. Explain the concept of product life cycle (PLC). what factors affect the life cycle of a product? suggest appropriate strategies at the different stages of the PLC.
  3. Analyse and examine the various social security measures provided for the workers in India.

Note You can easily download UGC NET (Commerce) syllabus in PDF format form the official website of the University Grants Commission (UGC) by simply clicking on the subject (Commerce) link on the UGC syllabus page.