Introduction

The test has two exams, Paper 2 of which is a subject-specific paper on the topic the applicant selected. Students must study all the concepts and content in the UGC NET Commerce syllabus in order to do well in the test. Knowing the curriculum will make it easier for applicants to organise their studies and get ready on time.  The UGC NET Commerce Syllabus is offered in both Hindi and English. We’ll go through the UGC NET Commerce Syllabus in further depth. 

UGC NET Commerce Syllabus Overview

The ten units that make up the UGC NET’s Commerce Syllabus are further separated into subjects and subtopics. The National Testing Agency (NTA) will administer the UGC NET Exam for positions as “Assistant Professor” and “Junior Research Fellow” at Indian State Colleges and Universities. The UGC NET Commerce Exam schedule will be revised soon since the UGC NET Examination will begin on February 21, 2023. The two UGC NET Commerce exam papers are shown in the table below.

Exam National Eligibility Test (NET)
Conducted by  National Testing Agency (NTA)
Subject Commerce
Exam Mode Online
Number of Papers Paper I – General,  Paper-II – Subject Concerned Commerce
Total Marks  Paper I – 100,  Paper-II –200
Number of Questions Paper I – 50,  Paper II –150
Question type MCQ (Multiple choice question)
Time Allowed in the exam(Duration) 3 hours
Negative Marking NO


NTA UGC NET Commerce Syllabus for Paper 2 

The detailed UGC NET Commerce Syllabus for Paper 2 is listed in the table below.

Section Syllabus
Unit 1-  Business Environment and International Business 
  • Scope and Importance of international business
  • Concept and elements of the business environment.
  • World Trade Organisation (WTO)
  • India’s Foreign Trade Policy.
  • International Economic institutions
  • Economic environment and Economic systems.
  • Balance of payments (BOP) and Regional Economic Integration
Unit 2- Accounting and Auditing 
  • Basic accounting principles; concepts and postulates.
  • Holding company accounts
  • Corporate accounting, issue of shares, liquidation, etc.
  • Partnership Accounts
  • Corporate Accounting: Issue, forfeiture and reissue of shares
  • Financial statement analysis; ratio analysis; fund flow statement, cash flow statement.
  • Indian Accounting Standards and IFRS
  • Auditing
  • Recent Trends in Auditing
Unit 3- Business Economics 
  • Law of variable proportions; Law of return to scale.
  • Consumer behaviour; utility analysis, Indifference curve analysis.
  • Theory of cost
  • Perfect competition; Monopolistic Competition, Oligopoly, and Monopoly.
  • Demand analysis; Law of demand & elasticity.
  • Price determination under different market forms
  • Pricing strategies
Unit 4- Business Finance 
  • Dimensions and funding source: leasing.
  • Analysis of demand; the law of demand; and elasticity.
  • Time value of money and the cost of capital.
  • Theories and practises for working capital management and dividend selection.
  • Capital budgeting and capital structure considerations.
Unit 5- Business Statistics and Research Methods 
  • The central tendency measures
  • Dispersion metrics
  • Research and data skewness measurements
  • estimation and sampling
  • testing hypotheses
  • two-variable correlation and regression
  • Probability
  • Statistical distributions
Unit 6-  Business Management and Human Resource Management 
  • Management principles and responsibilities.
  • Organisational development and change: organisational culture.
  • Management of human resources: definition, purpose, and activities.
  • Management of compensation: performance evaluation, incentive programmes, and job evaluation.
Unit 7- Banking and Financial Institutions 
  • Indian financial system overview
  • various bank types
  • Indian Reserve Bank
  • Indian financial regulators
  • Indian banking sector reforms
  • monetary markets
  • Banking and other financial services are becoming more digital.
  • Institution of Finance
Unit 8-  Marketing Management 
  • Channel management is the process of choosing distribution channels.
  • Money and capital markets are examples of financial markets.
  • Approaches and concepts in marketing.
  • Product life cycle and new product development decisions.
  • logistics administration.
Unit 9- Legal Aspects of Business 
  • Companies Act, 2013.
  • Indian Contract Act, 1872.
  • Information Technology Act, 2000.
  • RTI Act, 2005.
  • Financial markets: Money market; Capital market.
Unit 10- Income-tax and Corporate Tax Planning 
  • International Taxation: Double taxation and its avoidance mechanism; transfer pricing.
  • Corporate Tax Planning
  • Deduction and collection of tax at the source
  • Tax considerations in specific business situations: make or buy decisions; own or lease an asset, etc.


Tips to Prepare UGC NET Commerce Syllabus

Here are some tips to help you in preparation: 

  • Create a study schedule covering all topics for the exam’s preparation section.
  • Create a timetable for better outcomes.
  • The UGC NET EXAM complete syllabus and examination format must be carefully checked by the student given in this article.
  • Practice previous year’s papers
  • Regular revision is compulsory for a better grasp.