The UGC NET exam is also conducted for commerce student. There are Three Papers for each of the subjects. Paper-I on Teaching and Research aptitude, Paper -II and Paper-III based on the syllabus of concerned subjects.

There will be two question papers, UGC NET Commerce Paper II and Paper III ( Part – A & B). UGC NET Commerce Paper II will cover 50 Objective Type Questions ( Multiple choice, Matching Type, True / False, Assertion – Reasoning type ) carrying 100 marks.

UGC NET Commerce Paper III will have two Parts – A and B; Paper III (A) will have 10 short essay type questions ( 300 words ) carrying 16 marks each. In it there will be one question with internal choice from each unit ( i.e., 10 questions from 10 units; Total marks will be 160 ).

Syllabus of Commerce in UGC NET







UGC NET Commerce Paper III (B) will be compulsory and there will be one question from each of the Electives. The candidate will attempt only one question ( one elective only in 800 words ) carrying 40 marks. Total marks of UGC NET Commerce Paper III will be 200.

UGC NET Commerce Paper II and Paper III ( A ) ( Core Group ) :

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.