UGC Net Commerce Preparation Tips Boost Your Studies with These Tips Now

UGC NET 2023 Exam Summary

Conducting by

National Testing Agency (NTA)

Exam Name

UGC NET December 2023

Exam Level

National

Exam Frequency

Twice a year

Mode of Exam

Online CBT (Computer-Based Test)

UGC NET Registration Dates

30th September to 31st October 2023

Exam Duration

180 minutes

Exam Time

Paper 1 (Shift 1)- 9 am to 12 noon
Paper 2 (Shift 2)- 3 pm to 6 pm

Language

Bilingual (English and Hindi)

No. of Subjects

83 subjects

Official Website

UGC NET Commerce Syllabus for Paper 2

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.