How to Prepare for NET Exam in Commerce?

Table of Contents

The University Grants Commission National Eligibility Test (UGC NET) December – 2021 & June – 2022 (merged cycles) examination is around the corner and candidates are on their preparation track to ace the examination. The date of examination will be soon released by the conducting body – National Testing Agency (NTA). Being one of the toughest subjects under the UGC NET exam, Commerce is a stream that candidates find difficulty in cracking, yet the right approach to preparation would be beneficial in scoring well to be qualified.

The following article provides details on the important dates, preparation tips, syllabus, study materials, and exam pattern for the UGC NET Commerce examination.

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UGC NET Commerce 2022: Important Dates

The important dates and events for the UGC NET Commerce 2022 examination (merged cycle: December 2021 and June 2022) is given below in the table:

Events	Important Dates
Online Application Release	30th April 2022
Last Date of Application	30th May 2022
Application Form Correction Window Opens	31st May 2022 to 1st June 2022
Admit Card Release	To be announced
Date of Examination	To be announced
Final Result Declaration	To be announced

UGC NET Commerce 2022: Study Materials

To score higher marks for the examination, the following books (given in the table below) recommended would help students to prepare better based on the syllabus.

Subject	Books	Author/Publisher
Business Statistics	‘Business Statistics’	J.K Thakur
Accounting and Auditing	11 and 12th Books for basics	R.S Agarwal/T.S Grewal
Business Management	Graduation Textbook	C.B Gupta/F.C Sharma
Cost and Management Accounting	Graduation Textbook	Maheshwari and Mittal
Business Economics	Graduation Textbook Microeconomics	Dr Deepshree
Financial Management	Graduation Textbook	I M Pandey
Research Methods	Graduation Textbook	C.R Kothari

UGC NET Commerce 2022: Preparation Tips

In order to begin preparation for the examination, it is important that the candidate employs a strategic approach. Analysing the weak and strong points in terms of the subject and each section of the exam is necessary for the candidate to introspect in their process of learning. Formulate a study plan and stick to it with a proper schedule that would help the candidate to complete the syllabus (provided in the article) a month before the date of examination. Familiarizing with the exam pattern and being aware of the cut-off percentage gives the candidate a clear understanding of the strategic ways in which he/she could attempt the examination and also to manage time. As provided above in the article, the study materials would guide in getting a grasp of the subjects and to perform well for both Paper-I and Paper-II. Remember to carry your valid ID proof and most importantly the Admit Card before entering the examination centre.

Here are a few tips and tricks to remember while preparing for the UGC NET Commerce Examination 2022:

Make an effective and efficient study plan structured to prepare for your exam.
Refer periodicals and books on commerce, business, finance and economics.
Allot 15 minutes to skim through daily current affairs.
Focus on your English language skills. Summarise a random essay each day. To complete this activity, allot 20 minutes.
Divide each section and allot 1 hour each a day for the subjects mentioned in the syllabus.
Managing time and the total number of question accordingly is crucial. Thus, focus on arranging the sections to be answered to your level of ease.
Focus on each section based topics and the duration for both Paper-I and II.
To find ample time for a thorough revision, cover the syllabus at the earliest.
Refer to Previous Year Question Papers (Solved Questions).
Take the UGC NET Mock Test and Quizzes. (Avail the Free Mock Test Series on entri.app)
Self-assessment is key.

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UGC NET Commerce 2022: Exam Syllabus

To prepare for the UGC NET Commerce examination, candidates must be thorough with the syllabus designed by UGC for both Paper- I and Paper-II.

Download the UGC NET Paper – I Syllabus PDF here

The syllabus for the UGC NET Commerce Paper- II examination is as follows:

Unit	Subject	Topics
1	Business Environment and International Business	Concepts and elements of business environment Political environment Role of government in business Legal environment- Consumer Protection Act, FEMA Socio-cultural factors and their influence on business Corporate Social Responsibility (CSR) Scope and importance of international business Theories of international trade India’s foreign trade policy, Balance of payments (BOP) Foreign direct investment (FDI) and Foreign portfolio investment (FPI) Regional Economic Integration Regional Trade Agreements International Economic institutions World Trade Organisation (WTO)
2	Accounting and Auditing	Basic accounting principles Partnership Accounts Corporate Accounting Liquidation of companies Acquisition, merger, amalgamation and reconstruction of companies Holding company accounts Cost and Management Accounting Standard costing; Budgetary control; Process costing; Activity Based Costing (ABC) Costing for decision-making Financial Statements Analysis Human Resources Accounting Auditing Recent Trends in Auditing
3	Business Economics	Meaning and scope of business economics, Objectives of business firms Demand analysis Consumer behavior Law of Variable Proportions: Law of Returns to Scale Theory of cost Price determination under different market forms Pricing strategies
4	Business Finance	Scope and sources of finance Lease financing Cost of capital Time value of money, Risk and return analysis; Capital structure Capital budgeting decisions Working capital management; Dividend decision: Theories and policies Asset securitization International monetary system, International financial markets and instruments
5	Business Statistics and Research Methods	Measures of central tendency, Measures of dispersion, Measures of skewness Correlation and regression of two variables Probability: Approaches to probability; Bayes’ theorem Probability distributions Research Hypothesis testing: z-test; t-test; ANOVA; Chi–square test; Mann-Whitney test (Utest); Kruskal-Wallis test (H-test); Rank correlation test Report writing
6	Business Management and Human Resource Management	Principles and functions of management Organization structure Motivation Leadership Corporate governance and business ethics Human resource management Human resource planning Recruitment and selection Training and development Compensation management Collective bargaining and workers’ participation in management Personality Group dynamics Power and politics Conflict and negotiation Stress management Organizational Culture Organizational development Organizational change
7	Banking and Financial Institutions	Principles and functions of management Organization structure Span of control, Responsibility and authority Motivation Leadership Corporate governance and business ethics Human resource management Human resource planning Recruitment and selection Training and development Compensation management Collective bargaining and workers’ participation in management Personality Group dynamics Power and politics Conflict and negotiation Stress management Organizational Culture Organizational development Organizational change
8	Marketing Management	Principles and functions of management Organization structure Motivation Leadership Corporate governance and business ethics Human resource management: Concept, role and functions of HRM Human resource planning Recruitment and selection Training and development Compensation management Collective bargaining and workers’ participation in management Personality Group dynamics Power and politics Conflict and negotiation Stress management Organizational Culture Organizational development Organizational change
9	Legal Aspects of Business	Principles and functions of management Organization structure Span of control, Responsibility and authority Motivation Leadership: Concept and theories Corporate governance and business ethics Human resource management Human resource planning Recruitment and selection Training and development Compensation management Collective bargaining and workers’ participation in management Personality Group dynamics Power and politics Conflict and negotiation Stress management Organizational Culture Organizational development Organizational change
10	Income-tax and Corporate Tax Planning	Principles and functions of management Organization structure Motivation Leadership Corporate governance and business ethics Human resource management Human resource planning Recruitment and selection Training and development Compensation management Collective bargaining and workers’ participation in management Personality Group dynamics Power and politics Conflict and negotiation Stress management Organizational Culture Organizational development Organizational change

Download the detailed syllabus PDF of UGC NET Commerce 2022 here

UGC NET Commerce 2022: Exam Pattern & Cut-Off

The exam pattern and cut-off for the UGC NET Commerce 2022 is provided below:

Exam Pattern

Paper	Duration	Number of Questions	Maximum Marks
I	3 Hours	50	100
II	3 Hours	100	200

Conducted as Paper-I and Paper-II, both the papers are of objective type.
There will be no negative marking.

Cut-Off

Category	JRF & Assistant Professor	Assistant Professor Only
Category	Cut-off Marks Percentage	Cut-off Marks Percentage
General	99.45	97.29
EWS	98.61	93.05
OBC(NCL)	97.59	90.47
SC	95.03	82.78
ST	94.44	85.16

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