CUCET Commerce Syllabus

Chandigarh University has decided to conduct an entrance cum scholarship test named as Chandigarh University Common Entrance Test (CUCET) for admission to various programs so as to provide an opportunity to bright and inquisitive young minds from across the country to study in most challenging and diverse academic environment.

CUCET Syllabus has been released by the authorities of Chandigarh University. Candidates can check the syllabus of CUCET 2023 to know the subjects, units and topics that have to be studied for the upcoming entrance examination. The subject-wise CUCET syllabus will allow the candidates to become familiar with the topics that they have to prepare to excel in the examination. Read to know more about CUCET Syllabus 2023.

CUCET Commerce Syllabus

Accounting for PartnershipFirms and Companies

Unit 1: Accounting for Partnership Firms

Partnership: features, Partnership Deed, Provisions of the Indian Partnership Act 1932 in the absence of partnership deed, Fixed v/s fluctuating capital accounts, Preparation of Profit and Loss Appropriation account- division of profit among partners, guarantee of profits, Past adjustments (relating to interest on capital, interest on drawing, salary and profit sharing ratio), Goodwill: nature, factors affecting and methods of valuation – average profit, super profit and capitalization.

Accounting for Partnership firms – Reconstitution and Dissolution, Change in the Profit Sharing Ratio, Admission of a partner, Retirement and death of a partner, Dissolution of a partnership firm.

Unit-2 Accounting for Companies

Accounting for Share Capital

Share and share capital: nature and types.

Accounting for share capital: issue and allotment of equity shares, issue of shares for consideration other than cash. Concept of Private Placement and Employee Stock Option Plan (ESOP), Accounting treatment of forfeiture and re-issue of shares. Disclosure of share capital in company’s Balance Sheet.Accounting for Debentures

Debentures: Issue of debentures at par, at a premium and at a discount. Issue of debentures for consideration other than cash; Issue of debentures with terms of redemption; debentures as collateral security-concept, interest on debentures,

Redemption of debentures: Lump sum, draw of lots and purchase in the open market (excluding ex-interest and cum-interest). Creation of Debenture Redemption Reserve. Conversion method.Note: Related sections of the Indian Companies Act, 2013 will apply.

Financial Statement Analysis

Unit 3: Analysis of Financial Statements

Financial statements of a company: Statement of Profit and Loss and Balance Sheet in the prescribed form with major headings and sub headings (as per Schedule III to the Companies Act, 2013).

Financial Statement Analysis: Objectives, importance and limitations.

Tools for Financial Statement Analysis: Comparative statements, common size statements, cash flow analysis, ratio analysis.

Accounting Ratios: Objectives, classification and computation of Liquidity Ratios, Solvency Ratios, Activity Ratios, and Profitability Ratios.

Unit 4: Cash Flow Statement

Meaning, objectives and preparation.

Computerized Accounting

Unit 5: Computerized Accounting

Overview of Computerized Accounting System.

• Introduction: Application in Accounting.
• Features of Computerised Accounting System.
• Structure of CAS.
• Software Packages: Generic; Specific; Tailored.

Economics

Introductory Microeconomics

Unit 6: Introduction

Meaning of microeconomics and macroeconomics

What is an economy? Central problems of an economy: what, how and for whom to produce; concepts of production possibility frontier and opportunity cost.

Unit 7: Consumer Equilibrium and Demand

Consumer’s equilibrium – meaning of utility, marginal utility, law of diminishing marginal utility, conditions of consumer’s equilibrium using marginal utility analysis. Indifference curve analysis of consumer’s equilibrium-the consumer’s budget
Demand, market demand, determinants of demand, demand schedule, demand curve and its slope, movement along and shifts in the demand curve; price elasticity of demand – factors affecting price elasticity of demand; measurement of price elasticity of demand.

Unit 8: Producer Behaviour and Supply

• Production function – Short-Run and Long-Run
• Total Product, Average Product and Marginal Product.
• Returns to a Factor.

Unit 9: Forms of Market and Price Determination

Perfect competition – Features; Determination of market equilibrium and effects of shifts in demand and supply.
Other Market Forms – monopoly, monopolistic competition, oligopoly – their meaning and features.
Simple Applications of Demand and Supply: Price ceiling, price floor.

Introductory Macroeconomicss

Unit 10: National Income and related aggregates

Some basic concepts: consumption goods, capital goods, final goods, intermediate goods; stocks and flows; gross investment and depreciation.
Circular flow of income; Methods of calculating National Income – Value Added or Product method, Expenditure method, Income method. Aggregates related to National Income: Gross National Product (GNP), Net National Product (NNP), Gross and Net Domestic Product (GDP and NDP, GDP and Welfare.

Unit 11: Money and Banking

Money – its meaning and functions.

Supply of money – Currency held by the public and net demand deposits held by commercial banks.

Money creation by the commercial banking system.

Central bank and its functions, CRR, SLR, Repo Rate and Reverse Repo Rate, Open Market Operations, Margin requirement.

Unit 12: Determination of Income and Employment

Aggregate demand and its components. Propensity to consume and propensity to save (average and marginal). Short–run equilibrium output; investment multiplier and its mechanism. Meaning of full employment and involuntary unemployment.

Unit 13: Government Budget and the Economy

Government budget – meaning, objectives and components.

Classification of receipts – revenue receipts and capital receipts; classification of expenditure – revenue expenditure and capital expenditure.

Measures of government deficit – revenue deficit, fiscal deficit, primary deficit their meaning.

Unit 14: Balance of Payments

Balance of payments account – meaning and components; balance of payments deficit-meaning. Foreign exchange rate – meaning of fixed and flexible rates and managed floating. Determination of exchange rate in a free market.

BUSINESS STUDIES

Principles and Functions of Management

Unit 15: Nature and Significance of Management

Management – concept, objectives and importance, Management as Science, Art and Profession, Levels of management, Management functions – planning, organizing, staffing, directing and controlling, Coordination – concept, characteristics and importance

Unit 16: Principles of Management

Principles of Management – concept, nature and significance, Fayol’s principles of management, Taylor’s Scientific Management – principles and techniques

Unit 17: Management and Business Environment

Business Environment – concept and importance, Dimensions of Business Environment – Economic, Social, Technological, Political and Legal, Impact of Government policy changes on business with special reference to liberalization, privatization and globalization in India.

Unit 18: Planning

Concept, importance and limitations, Planning process, Single use and Standing Plans – Objectives, Strategy, Policy, Procedure, Method, Rule, Budget and Programme.

Unit 19: Organizing

Concept and importance, Organizing Process, Structure of organization – functional and divisional, Formal and informal organization, Delegation: concept, elements and importance, Decentralization: concept and importance.

Unit 20: Staffing

Concept and importance of staffing, Staffing as a part of Human Resource Management, Staffing process: Recruitment – sources; Selection – process, Training and Development – Concept and importance. Methods of training- on the job and off the job- Induction training, vestibule training, apprenticeship training and internship training.

Unit 21: Directing

Concept and importance, Elements of Directing: – Supervision – concept, functions of a supervisor. – Motivation – Concept, Maslow’s hierarchy of needs; Financial and non-financial incentives. – Leadership – concept, styles – authoritative, democratic and laissen faire. – Communication – concept, formal and informal communication; barriers to effective; communication, how to overcome the barriers.

Unit 22: Controlling

Concept, nature and importance, Relationship between planning and controlling, Steps in the process of control

Business Finance and Marketing

Unit 23: Financial Management

Concept and objectives of financial management, financial decisions: investment, financing and dividend and factors affecting, Financial planning – concept and importance, Capital Structure – concept and factors affecting, Fixed and Working Capital – concept and factors affecting their requirements.

Unit 24: Financial Markets

Financial Markets: concept and types, Money market and its instruments, Capital market and its types (primary and secondary), Stock Exchange – functions and training procedure. Depository Services and D’mat Account, Securities and Exchange Board of India (SEBI) – objectives and functions.

Unit 25: Marketing Management

Marketing – concept and functions, Marketing management philosophies, Marketing Mix – concept, Product – concept, branding, labeling and packaging. Price – factors determining price, Physical distribution- concept, channels of distribution: types, choice of channels, Promotion -concept and elements; advertising- concept, role, objections against advertising, personal selling – concept and qualities of a good salesman, sales promotion – concept and techniques, public relations – concept and role.

Unit 26: Consumer Protection

Concept and importance of consumer protection, Consumer Protection Act 1986, Meaning of consumer and consumer protection, Rights and responsibilities of consumers, who can file a complaint and against whom? Redressed machinery, Remedies available, Consumer awareness – Role of consumer organizations and Non-Governmental Organizations (NGOs).

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