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Commerce Class 12, Syllabus, Subjects, Detailed Concepts

Commerce Class 12 provides foundational knowledge for future academic and career pursuits. Learn about the compulsory and optional subjects, syllabus details, and career opportunities in commerce after Class 12.
authorImageMridula Sharma6 May, 2024
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Commerce Class 12

Commerce Class 12 plays an important role in providing a stepping stone to various opportunities in the field of Commerce . Therefore, it is essential to study diligently and gain a thorough understanding of every subject, chapter, and topic at this level.

The content covered during this period establishes a strong foundation for further studies in courses after Commerce Class 12 . Therefore, studying effectively and thoroughly understanding each subject, chapter, and topic is essential as they lay the groundwork for future academic pursuits. Furthermore, studying subjects like Accountancy, Economics, and Business Studies is essential, as you will encounter these subjects in any career option you choose after Commerce Class 12 . Moreover, a strong understanding of these subjects will greatly benefit your future endeavors. Moreover, mastering Accountancy, Economics, and Business Studies will equip you with valuable knowledge and skills applicable across various commerce professions.

Commerce Class 12

The latest CBSE Commerce Class 12 syllabus for 2024-25 is now out and accessible online. You can easily get it by downloading the PDF from the official website, cbseacademics.nic.in. The board typically holds exams in February-March each year, so it's advisable to finish studying the Commerce subjects at least a month or two before that. This syllabus covers all Commerce subjects such as Accountancy, Economics, Business Studies, and more. It includes a breakdown of topics, exam format, and marking system. To excel in the CBSE 12th exams, it's crucial to refer to this syllabus. Keep reading to find out the detailed CBSE class 12 Commerce syllabus.

Commerce Class 12 Compulsory Subjects

The following are the compulsory subjects for Commerce Class 12:
Commerce Class 12 Compulsory Subjects
Accountancy
Business Studies
Economics
English

Commerce Class 12 Optional Subjects

The following are the optional subjects for Commerce Class 12:
Commerce Class 12 Optional Subjects
Legal Studies Mathematics
Entrepreneurship Physical Education
Regional Language Informatics Practices

Commerce Class 12 Accountancy

  • Commerce C lass 12 Accountancy holds immense significance within the commerce class 12 stream as it helps individuals comprehend the recording of business transactions and the creation of financial statements.
  • To excel in further studies within the commerce class 12 stream, a solid grasp of this subject is essential to achieve higher marks.
  • In commerce class 12 , you can choose either Company Accounts or an Analysis of Financial Statements.
  • The class 12 Accountancy Syllabus covers several crucial concepts, which include Receipt & Payment A/c, Income & Expenditure A/c, Balance Sheet, and Accounting for Partnership.
  • These concepts serve as building blocks for a comprehensive understanding of accountancy.
  • By actively engaging with these concepts, students can develop a strong foundation in accountancy, enabling them to effectively analyze financial data, interpret business transactions, and prepare accurate financial statements.
  • At last, this knowledge is invaluable for those pursuing a career in commerce or any financial management field.

Commerce Class 12 Business Studies

Commerce Class 12 Business Studies is a subject that enables students to comprehend and acquire essential concepts of business management, best practices, and principles of management.

The syllabus divides into three parts: principles and Functions of Management, Business Finance, Marketing, and Project Work. The Class 12 Business Studies Syllabus encompasses significant topics, including:
  • Planning: This topic focuses on formulating strategies and setting goals to achieve desired outcomes.
  • Organizing and Staffing: Here, students learn about structuring tasks, allocating resources, and selecting and appointing organizational personnel.
  • Directing: This topic deals with guiding and motivating employees towards accomplishing organizational objectives effectively.
  • Controlling: Students explore the techniques used to monitor and regulate activities to ensure they align with predetermined plans.
  • Business Finance and Marketing: This section covers aspects related to managing financial resources within a business and the process of promoting and selling products or services.

Commerce Class 12 Economics

In commerce class 12 , you will explore important aspects and concepts covered in economics, gaining an overview of the functions of Indian and other economies. The topics covered in the Class 12 Economics Syllabus are divided into two sections: Macroeconomics and Microeconomics.

Microeconomics

  • In this section, you will be introduced to the basic principles of economics, understanding how an economy functions, and the organization of economic activities.
  • Theory of Consumer Behavior: You will delve into the behavior of consumers in the market, learning about the law of demand, shifts in the demand curve, and concepts like elasticity which measures responsiveness to price changes.
  • Production & Costs: This topic focuses on the production process and associated costs. You will study the Law of Diminishing Marginal Product, Variable Proportions, returns to scale, & differentiate between short-run and long-run costs.
  • Market Equilibrium & Non-competitive Markets: Here, you will explore the concept of market equilibrium, understanding how prices and quantities are determined. Additionally, you will examine non-competitive markets and their impact on the economy.

Macroeconomics

  • Introduction & Concepts: This section introduces you to the fundamentals of macroeconomics, giving you an overview of key concepts and principles that shape the study of the broader economy.
  • National Income Accounting: You will learn how the national income is measured and calculated, allowing you to assess the overall economic performance of a country.
  • Money & Banking: This topic delves into the role of money and the banking system in an economy. You will understand the functions of money, banks' role, and monetary policy's importance.
  • Government Budget & Economy: Here, you will explore the relationship between government budgets and the overall economy. You will study how government expenditures, revenues, and fiscal policies influence economic growth and stability.
  • Balance of Payments: This topic focuses on a country's international transactions. You will learn about the current account and capital account, as well as surplus and deficit situations, analyzing their impact on the economy.
  • Foreign Exchange Market: Lastly, you will delve into the foreign exchange market, understanding how currencies are exchanged and the factors that influence exchange rates.

Commerce Class 12 English

English holds global recognition as a widely acclaimed language. The Commerce class 12 English subject assumes significant importance as it aims to enhance students' communication abilities and proficiency in the language. The subject greatly emphasizes various key areas: Reading Comprehension, Writing Skills & Grammar, and Literature & Long Reading.

Commerce Class 12 Mathematics

  • Firstly, choosing Mathematics as your subject in commerce class 12 opens up career options such as CA, CS, CMA, and more. Additionally, you have the opportunity to pursue undergraduate programs like B.Com (Hons.), Economics (Hons.), and various other subjects.
  • The Commerce class 12 Maths curriculum covers important concepts such as Relations and Functions, Inverse Trigonometric Functions, Matrices, Determinants, and Continuity and Differentiability.
  • These concepts are taught in a way that helps you understand the relationships between different mathematical entities.
  • Moreover, you will explore how trigonometric functions can be inverted to find angles and solve equations. Matrices and determinants are introduced to understand transformations and solve systems of linear equations.
  • Furthermore, continuity and differentiability delve into the fundamental principles of calculus, enabling you to study rates of change and smoothness of functions.
  • At last, by learning these concepts, you will gain a strong foundation in Mathematics, equipping you with the necessary skills & knowledge to pursue careers in finance, economics, accounting, and more.

Commerce Class 12 Information Practices & Computer Science

  • This subject provides a comprehensive understanding of how data is processed to create usable information, extending beyond computer applications.
  • Class 12 Information practices or Class 12 computer science are excellent optional subjects for students in the commerce class 12 stream interested in pursuing a career in data and analytics.
  • The subject covers several major topics, including Python Pandas, Numpy, Plotting with Pyplot, and an introduction to software engineering.

Commerce Class 12 Legal Studies

If you wish to pursue law in the future, you can choose legal studies as a subject in commerce class 12 . This subject covers important topics such as the Constitution, Roles, and Impartiality, Funding, Introduction to International Law, Sources of International Law, International Institutions, and International Human Rights.

Commerce Class 12 Entrepreneurship

Entrepreneurship can be chosen as an optional subject by individuals interested in establishing their own businesses or expanding existing ones. T he class 12 entrepreneurship subject covers several main topics, including sensing entrepreneurial opportunities, assessing the market environment, identifying potential business opportunities, selecting a suitable enterprise, understanding the steps involved in setting up a business and recognizing the fundamental qualities of a successful enterprise.

Commerce Class 12 Physical Education

Physical education is another popular subject that students can choose as an additional subject. Opting for this subject can open doors to various fields such as sports, health, nutrition, and fitness. In the commerce class 12 stream, the main topics covered in class 12 Physical Education are as follows:
  1. Planning in Sports
  2. Sports & Nutrition
  3. Yoga & Lifestyle
  4. Physical Education & Sports for CWSN

Commerce Class 12 Subjects Combinations

Several combination recommendations for commerce class 12 should be chosen wisely to ensure a bright career.
  1. One such combination is Commerce with Maths : Maths is an important subject in Commerce Class 12 and offers numerous opportunities. By choosing this combination, you can pursue an MBA in Finance with a promising future. Additionally, MBA is one of the leading courses after graduation. If you have an interest in Maths, this combination is a great choice as it opens up various other career opportunities.
  2. Another recommended combination is Commerce with IP (Information Practices): IP is a subject that involves Computer Applications, and the field of software is rapidly growing worldwide. There are vast opportunities available for individuals with a strong knowledge of IP. If you have chosen Commerce with IP, it is essential to have a keen interest in learning and a solid understanding of computers.
  3. At last, for those aspiring to become lawyers with a background in commerce, Commerce with Legal Studies is an ideal combination. This combination focuses on the law as the main priority. By opting for Commerce with Legal Studies, you can pursue various graduation courses in law, such as LLB, alongside Commerce.

Commerce Class 12 Scope

The Commerce stream offers numerous opportunities and promising career growth, allowing you to choose from various courses for graduation. If you're still uncertain about which stream to pursue, exploring the following courses after commerce class 12 can help you identify your goals.
  1. Bachelor of Commerce (B.Com): This course provides a comprehensive understanding of commerce and its various aspects, including accounting, finance, economics, and business management.
  2. Bachelor of Management Studies (BMS): This program focuses on developing management skills and knowledge, equipping you with the necessary tools to excel in the corporate world.
  3. Bachelor of Business Studies (BBS): Similar to BMS, this course offers insights into business management principles, organizational behavior, and entrepreneurship.
  4. Bachelor in Business Administration (BBA): BBA is a versatile program that covers a wide range of business-related subjects and prepares you for diverse roles in the corporate sector.
  5. Master of Commerce (M.Com): Pursuing an M.Com degree allows you to specialize in specific areas of commerce, such as finance, accounting, marketing, or international business.
  6. Master in Business Administration (MBA): An MBA degree provides advanced knowledge and skills in various business domains, including operations, finance, marketing, banking, and human resources (HR).
  7. Chartered Accountancy (CA): CA is a prestigious professional course that focuses on accounting, auditing, taxation, and financial management, leading to a rewarding career as a chartered accountant.
  8. Chartered Financial Analyst Program (CFA): T he CFA program equips you with expertise in investment analysis, portfolio management, and financial planning, opening doors to roles in finance and investment firms.
  9. Company Secretary Program (CS): CS is a course that prepares you for the role of a company secretary, involving legal, corporate governance, and regulatory compliance responsibilities.

Related Links
Commerce Class 12 Class 12 Accountancy
Class 12 Commerce Syllabus Class 12 English
Class 12 Business Studies Class 12 Economics
Class 12 Maths Class 12 Result
Class 12 Accountancy Syllabus Class 12 Business Studies Syllabus
Class 12 Economics Syllabus Commerce Class 12 Syllabus

Commerce Class 12 FAQs

Is Commerce Class 12 hard?

Scoring high in commerce class 12 requires considerable effort.

What are the subjects in commerce class 12?

Accountancy, Business Studies, Economics, English, and either Informatics Practices or Mathematics. Physical Education is an optional subject etc.

Can I score 95 in commerce class 12?

Achieving a score of 95 or above in the board exams is challenging but possible for students in any stream.

Is 65 percent good in commerce class 12?

If you have obtained a lower percentage in commerce class 12, there is no need to feel disheartened. Many reputable B.Com and BBA colleges accept students with a minimum of 60% in their class 12th exams.
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