UGC NET
Commerce Coaching

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.
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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.

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Unit 3 - Business Economics

• Demand analysis; Law of demand & elasticity.

• Consumer behavior; 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.

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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.

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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.

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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.

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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.

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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.

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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

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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.