The University Grants Commission (UGC) NET Bureau revised its syllabus for UGC NET in Commerce in June, 2019 and the same syllabus will be applicable for the upcoming UGC NET / JRF and SET or SLET examination. The detailed syllabus for paper-1 can be found at UGC NET Syllabus for Paper-1. The details of syllabus of Paper-2 can be downloaded in the pdf format from the following link:
Commerce UGC NET Syllabus for Paper-2 (New and Updated)
The UGC NET examination old syllabus which was applicable till December, 2018 can be downloaded in the pdf format from the following link. Kindly note that this syllabus is considered as outdated and now not applicable for the upcoming UGC NET examination in Commerce. You can use it only for your reference purpose.
Commerce UGC NET Syllabus for Paper-2 (Old or Previous)
The detailed UGC NET old syllabus in Commerce is given below.
NTA UGC NET/JRF/SET/SLET Syllabus for Commerce, Code No: 08 is given below
The following part of the UGC NET syllabus were previously under UGC NET Paper-2 and Paper-3 (Part-A), however, as UGC has now only two papers i.e. UGC NET Paper-1 which is general and compulsory for all subjects and UGC NET Paper-2 on the specific subject (including all electives, without options) instead of previous three papers i.e. UGC NET Paper-1 which was general and compulsory for all subjects and UGC NET Paper-2 and Paper-3 on the specific subject, so, now-a-days, the following part is considered as part of the UGC NET Paper-2 syllabus only [this part was previously Paper-2 and Paper-3 (Part-A) syllabus]
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.www.netugc.com
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.
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.
The following part of the UGC NET syllabus were previously under UGC NET Paper-3, Part-B, however, as UGC has now only two papers i.e. UGC NET Paper-1 which is general and compulsory for all subjects and UGC NET Paper-2 on the specific subject (including all electives, without options) instead of previous three papers i.e. UGC NET Paper-1 which was general and compulsory for all subjects and UGC NET Paper-2 and Paper-3 on the specific subject, so, now-a-days, the following part is also considered as part of the UGC NET Paper-2 syllabus [this part was previously Paper-3, Part-B syllabus]
(Elective / Optional)
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 Researchs
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.www.netugc.com
Click here to view UGC NET Solved Question Papers in Commerce .
The UGC NET in Commerce syllabus, question pattern, old examination questions papers along with answer keys (solved questions) can be found at UGC NET in Commerce .