UGC NET Commerce Syllabus is prescribed by the UGC authority every year to conduct the national-level exam UGC NET. Here, we have shared all the details for UGC NET Commerce Syllabus including the chapter preparation tips and books to study. Read in detail about the University Grant Commission on the linked page.
UGC NET Commerce Syllabus consists of 2 papers: Paper I and Paper II. Having a good knowledge of the syllabus will help you to prepare for the exam well and to get a good rank UGC NET Commerce paper. As per the latest official updates, UGC NET Commerce Syllabus 2023 is released by NTA on its official website. Read the article below to know more about Commerce syllabus for the upcoming UGC NET 2023, including the unit names, chapters, and how to score well in it.
Know 10 Tips to clear UGC NET Exam on First Attempt, in the linked article.
UGC NET Commerce Syllabus for 2023: Overview
The UGC NET Commerce Syllabus contains two papers:
- In paper 1, 50 MCQs 2 marks each are asked based on General papers including research aptitude, methodology, comprehension, teaching aptitude and many more.
- In paper 2 of the UGC NET Commerce Syllabus is totally subject-based and 100 MCQs worth 2 marks are asked on Accounting and Auditing, International Business, Business Finance, Business Economics and more.
UGC NET 2023 will be conducted online in CBT mode with a total exam duration of 3 hours. Note that, both papers of UGC NET Commerce Syllabus will be conducted in this single 3 hours and there will be no break between these two papers. Check the section below to know more about important units of UGC NET Commerce Syllabus 2023.
Check UGC NET Eligibility in the linked article.
UGC NET Commerce Syllabus Highlights
| Type of questions | MCQs (both in Paper 1 and 2) |
| Total number of papers | 2 papers
Paper I Paper II |
| Total Marks | 300
Paper I: 100 Paper II: 200 |
| UGC NET Exam Duration | 3 hours |
| Marking Scheme | +2 for every correct response
No negative Marking |
| Negative Marking | Not Applicable |
UGC NET Commerce Syllabus: Unit-wise Details
Here, we have listed all the 10 important units along with the chapters which are included in the UGC NET Commerce Syllabus 2023.
| Unit 1: Business Environment and International Business | Concept and elements of the business environment. |
| The political environment, the role of govt. in business. | |
| Importance of International Business & Theories of International Trade. | |
| India’s Foreign Trade Policy. | |
| Economic environment and Economic systems. | |
| Unit 2: Accounting and Auditing | Basic accounting principles; concepts and postulates. |
| Partnership account. | |
| Corporate accounting, issue of shares, liquidation, etc. | |
| Acquisition, merger and amalgamation, and reconstruction of companies, holding company accounts. | |
| Financial statement analysis; ratio analysis; fund flow statement, cash flow statement. | |
| Unit 3: Business Economics | Demand analysis; Law of demand & elasticity. |
| Consumer behaviour; utility analysis, Indifference curve analysis. | |
| Law of variable proportions; Law of return to scale. | |
| Price determination under different market forms. | |
| Perfect competition; Monopolistic Competition, Oligopoly, and Monopoly. | |
| Unit 4: Business Finance | Scope and source of finance; Lease financing. |
| Demand analysis; Law of demand & elasticity. | |
| Cost of capital and time value of money. | |
| Working capital management; dividend decision: theories and policies. | |
| Capital structure & Capital budgeting decisions. | |
| Unit 5: Business Statistics and Research Methods | The measure of central tendency. |
| Measures of dispersion. | |
| Correlation and regression of two variables. | |
| Hypothesis testing along with different tests; z-test, t-test, ANOVA, chi-square test. | |
| Research: concept and types; research designs. | |
| Unit 6: Business Management and Human Resource Management | Motivation and leadership: concept and theories. |
| Principles and functions of management. | |
| Human resource management: concept, role, and functions. | |
| Compensation management: job evaluation, incentive & performance appraisal. | |
| Organizational culture: Organizational development and Organizational change. | |
| Unit 7: Banking and Financial Institutions | Banking sector reforms in India. |
| Reserve bank of India: functions & role. | |
| Internet banking: mobile banking: Digital payments systems. | |
| Types of banks: Commercial banks, RRBs; Foreign banks; Corporative banks. | |
| Financial institutions, NBFCs, Mutual Funds & Pension Funds. | |
| Unit 8: Marketing Management | Distribution decisions: Channels of distribution: channel management. |
| Product decisions: Product life cycle and New Product Development. | |
| Financial markets: Money market; Capital market. | |
| Marketing: concept and approaches. | |
| Logistics management. | |
| Unit 9: Legal Aspects of Business | Indian Contract Act, 1872. |
| Financial markets: Money market; Capital market. | |
| Companies Act, 2013. | |
| Information Technology Act, 2000. | |
| RTI Act, 2005. | |
| Unit 10: Income-tax and Corporate Tax Planning | Basic concepts; Residential status and tax incidence. |
| Financial markets: Money market; Capital market. | |
| Computation of taxable income under various heads. | |
| International Taxation: Double taxation and its avoidance mechanism; transfer pricing. | |
| Tax considerations in specific business situations: make or buy decisions; own or lease an asset, etc. |
UGC NET Commerce Exam Pattern
The UGC NET Commerce exam pattern consists of two papers: Paper 1 and Paper 2. Here is a breakdown of the UGC NET Commerce exam pattern:
| Paper | Duration | Number of Questions | Total Marks | Question Type | Syllabus |
| Paper 1 | 3 hours | 50 | 100 | Multiple Choice Questions (MCQs) | Teaching and research aptitude, reasoning ability, comprehension, and general awareness |
| Paper 2 | 3 hours | 100 | 200 | Multiple Choice Questions (MCQs) | Commerce Syllabus |
Important points to note about the UGC NET Commerce exam pattern:
- All questions are compulsory, and there is no negative marking for incorrect answers.
- Both Paper 1 and Paper 2 are conducted in a single session with a break of 30 minutes in between.
- To qualify for the UGC NET Commerce exam, candidates need to score the minimum qualifying marks in both Paper 1 and Paper 2, as specified by the UGC.
- The UGC NET Commerce exam is conducted in online mode (Computer-Based Test).
- The difficulty level of questions in Paper 2 is higher than that of Paper 1.
Aspirants of other government exams can check the links to know about different examinations.
How to Prepare UGC NET Commerce Syllabus?
Firstly, conceptual clarity is very important to prepare all the chapters and important topics of the UGC NET Commerce Syllabus. Other requirements to do an effective preparation for the Commerce syllabus are listed below.
- Choose good Commerce books which are recommended by experts and toppers, have high ratings and used simple and easily understandable language.
- Make a daily timetable and plan accordingly so that you can give equal time for all the units of the UGC NET Commerce Syllabus.
- Revision is important and revises the chapters you have already studied to know if you left anything.
- Solve past years’ exam papers, sample papers and mock papers to check your preparation level and track your progress
For the Best preparation strategy for competitive exams, candidates can visit the linked article and get detailed study material and preparation tips to excel in the examination.
Best Resources for UGC NET Commerce Preparation
Preparing for the UGC NET Commerce exam requires a systematic approach and access to reliable study materials. Aspirants aiming to crack this prestigious exam can greatly benefit from a curated list of recommended books, study materials, and online resources. The following are the important resources for the UGC NET Commerce Syllabus:
UGC NET Commerce Books
| Units | Recommended Books |
| Unit 1: Business Environment and International Business | International Business: Competing in the Global Marketplace by Chrles W.L. Hill, G. Thomas M. Hult, Rohit Mehtani |
| The International Business Environment by Sundaram K Anant & Black Stewart | |
| Unit 2: Accounting and Auditing | Fundamentals of Accounting & Auditing by Ruchi Gupta |
| Unit 3: Business Economics | Essentials of Business Economics by D.N. Dwivedi |
| Business Economics by H.L. Ahuja | |
| Unit 4: Business Finance | Business Finance by S.P. Gupta |
| Unit 5: Business Statistics and Research Methods | Business Statistics & Operation Research by Dr. S.P. Gupta, Dr. P.K. Gupta and Dr. Man Mohan |
| Unit 6: Business Management and Human Resource Management | Fundamentals of Human Resource Management by Raymond. A. Noe, Barry Gerhart, John R. Hollenbeck, Patrick W. Wright |
| Human Resource Development And Business Growth by H.L. Kaila | |
| Unit 7: Banking and Financial Institutions | Banking Awareness by Arihant Experts |
| Unit 8: Marketing Management | Marketing Management by Philip Kotler, Kevin Lane Keller, Alexander Chernev, Jagdish N. Seth, G. Shainesh |
| Unit 9: Legal Aspects of Business | Legal Aspects of Business by Ravinder Kumar |
| Legal Aspects of Business by P.K. Padhi | |
| Unit 10: Income-tax and Corporate Tax Planning | Corporate Tax Planning & Management by Dr. H.P. Mehrotra & Dr. S.P. Goyal |
Other than the above recommended UGC NET Commerce Books, candidates can make use of the other sources to augment their preparation:
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It is important to select study materials and online resources from reliable sources. Always refer to the latest editions of books and stay updated with any changes in the UGC NET Commerce syllabus. Additionally, create a study plan, allocate time for each subject, and practice regularly to improve your chances of success in the UGC NET Commerce exam.
Candidates can check the list of UGC NET Exam Centre in the linked article.
How to Score Well in Commerce Syllabus of UGC NET 2023?
First of all, comprehend the UGC NET Commerce Syllabus before start preparing the topics and practise the questions. Always do smart work, and read all the chapters thoroughly, without stressing yourself out.
- Prepare the easy topics first like Accounting, Business Management, Business Economics etc. So that, you can get more time to prepare the complex one.
- Always stay updated with the latest information related to international business and other current events.
- Never forget to solve chapter-wise questions, as it is needed to get a clear picture of that particular chapter.
