You Should Do to Prepare Yourself for UGC

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    You should do to prepare yourself for UGC-NET Exam:-

    * Thoroughly study the syllabus and understand which sections are suitable for long answer questions.

    * Prepare critical / evaluative answers for each topic of the subject.

    * Set yourself a time limit and note how fast you can complete a 200 word question.

    * Improve your speed as well as handwriting (while writing fast) gradually.

    * Work out excellent introductions and conclusions to all possible questions.

    * Work out side headings that cover the most important points of that question.

    * Remember not many examiners will read the entire answer. But everyone will read the introduction, sideheading and the conclusion of your answer.

    * Make an impression on the examiner, right away, with a good statement in the introduction followed by asummary of what you have covered in the 200-word answer.

    * Prepare some extra introductions that can be used for most of the likely quesitons. In case you do not get

    the question you have prepared for, you can use these general introductions. But work them out cleverly sothat they appear specific to that question and not too general and vague Before knowing different tipsfor clearing UGC NET, it is very necessary to know what is the system and syllabus of UGCNET. Actually UGC NET is very good and helpful system for f inding deserving teachers from avery large numbers of candidates in India. Because many candidates want to become lecturer

    jobs just for enjoying and earning of money. They have no passion with teaching. If you arefully interested for teaching, UGC NET will not be difficult for you.

    Basically, structure of UGC NET is made very scientifically for selecting high brain teachers inevery field of education. Paper of UGC NET is divided into two parts. Ist part is common. Itmeans, it is compulsory to clear first paper or part of UGC NET paper. For clearing first paperto all subject, you should understand teaching, research, reading comprehension,communication, reasoning, logical reasoning, data interpretation , Internet and communicationtechnology, people and environment and higher education topics which you can prepare from

    any book of UGC paper 1 or from my website .

    Second part is related to your own subject. If your grip in your subject is good, then clearingof UGC NET is not difficult for you.Now, I am telling you the strategy and tips for clearing UGC NET examination with simple way.

    1st tip

    First of all fix, your aim is to clear UGC NET with firm determination. Make it your sole andunique objective of your life.

    2nd tip

    Your practice and revision is more important for clearing UGC NET examination. Make, your

    time table an according to your time table, give the time to read each an every topic of UGCNET exam.

    3rd tip

    For extra practice, you must test of your self by selecting some questions of UGC NET.

    4th tip

    The exam. Checkers are highly qualified PhD. Teachers. So, write your UGC NET paper with

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    full of logical information of your subject. This will increase your marks and you will get scoreto pass UGC NET exam.

    5th tip

    If you have not cleared UGC NET in first attempt. Never feel depress but, again start learningwith fully confidence for clearing UGC NET Exam.

    6th tip

    Specially for commerce and MBA subjects , big one 40 marks question often comes fromcurrent business environment , so read basic headlines of famous business newspaper of world for this , you can subscribe here . and also daily note some important events from thatnews , these will helpful for writing better essay type question with advance information of business environment .

    7th tip

    3rd paper is more lengthy than first and second paper because, this is subjective type. Forgiving answer to these question, you should also take attention on time limit which is fixed byUGC . For answering within time is an art and you should learn also this art by practice andagain practice.

    8th tip

    If you have given last time exam. Of UGC NET and you have not cleared it , then check alsoyour marks because , UGC also now tells your each paper marks and see in which paper , youare weak . It may possible that your weak point may be in only one paper and other papers,you have gotten good marks. So, improve that weak paper specially, after this you willsucceed to clear UGC NET exam.

    9th tip

    In first paper, some logical question can take more time to answer. So, try to learn how tosolve them with easy way .If you understand the logic to answer with easy way, you caneasily succeed in first paper.

    10th tip

    Following qualities are essential in your written answers:

    1. Good introduction of topic2. Good side heading3. good conclusion4. Grammatically correctness of your language especially English language.

    For getting above qualities, you should improve your English language, and learn to writebest, improve your language skills.

    BesT oF lUCK ...........

    University Grant Commission National Eligibility Test June 2011 Commerce Syllabus

    Code No. : 08

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    Subject : Commerce

    Note :

    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 typequestions ( 300 words ) carrying 16 marks each. In it there will be one question with internal choice fromeach unit ( i.e., 10 questions from 10 units; Total marks will be 160 ).

    UGC NET Commerce Paper III (B) will be compulsory and there will be one question from each of theElectives. 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 :

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    Nature and uses of Business Economics , Concept of Profit and Wealth maximization. DemandAnalysis 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, Normaldistribution, 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.

    Unit-VI :

    Marketing Management :

    The evolution of marketing, Concepts of marketing, Marketing mix, Marketing environment. Consumer behaviour, Market segmentation. Product decisions Pricing decisions Distribution decisions Promotion decisions Marketing planning, Organising and Control.

    Unit-VII :

    Financial Management :

    Capital Structure, Financial and Operating leverage. Cost of capital, Capital budgeting. Working capital management

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    Dividend Policy

    Unit-VIII :

    Human Resources Management :

    Concepts, Role and Functions of Human Resource management . Human Resource Planning, Recruitment and Selection. Training and Development, Succession Planning. Compensation : Wage and Salary Administration, Incentive and Fringe benefits, Morale and

    Productivity. Performance Appraisal Industrial Relations in India, Health, Safety, Welfare and Social security, Workers Participation in

    Management.

    Unit-IX :

    Banking and Financial Institution :

    Importance of Banking to Business, Types of Banks and Their Functions, Reserve Bank of India,NABARD and Rural Banking.

    Banking Sector Reform in India, NPA, Capital adequacy norms. E-banking Development Banking : IDBI, IFCI, SFCs, UTI, SIDBI.

    Unit-X :

    International Business :

    Theoretical foundations of international business, Balance of Payments. International liquidity, International Economic Institutions : IMF, World Bank IFC, IDA, ADB. World Trade Organisation-its functions and policies. Structure of Indias foreign trade : Composition and direction, EXIM Bank, EXIM Policy of India,

    Regulation and promotion of Foreign Trade.

    Paper-III (B) (Elective / Optional) :

    Elective-I : Accounting and Finance

    Accounting standards in India, Inflation Accounting, Human Resource Accounting, ResponsibilityAccounting, Social Accounting.

    Money and Capital market, Working of stock exchanges in India, NSE, OTCEI, NASDAQ,Derivatives and Options.

    Regulatory Authorities : SEBI, Rating Agencies; New Instruments; GDRs, ADRs. Venture Capital Funds, Mergers and Acquisitions, Mutual Funds, Lease Financing, Factoring,

    Measurement of risk and returns securities and portfolios. Computer Application in Accounting and Finance.

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    Elective-II : Marketing

    Marketing Tasks, Concepts and Tools, Marketing Environment. Consumer Behaviour and Market Segmentation. Product decisions

    Pricing decisions Distribution decisions Promotion decisions Marketing Researchs On-line marketing Direct Marketing; Social, ethical and legal aspects of marketing in India.

    Elective-III : Human Resource Management

    Concept; Role and Functions of Human Resource Management. Human Resource Planning, Job analysis, Job description and specifications, Use of Job analysis

    information, Recruitment and Selection. Training and Development, Succession Planning. Compensation : Wage and Salary administration, Incentives and Fringe benefits, Morale and

    Productivity. Appraisal Performance Industrial Relations in India, Health, Safety, Welfare and Social Security, Workers participation in

    Management.

    Elective-IV : International Business

    Foreign Direct Investment and Multinational Corporations-MNCs Culture, MNCs and LDCs, JointVentures.

    Regional Economic Integration : SAARC, ASEAN, EC, NAFTA. India and WTO, Intellectual Property Rights. Foreign Exchange : Exchange rate, Mechanism, Risk management, Transfer of international

    payments, Convertibility of Rupee, Current and Capital Accounts; Issues and Perceptions,Derivatives and Futures.

    Foreign investment Institutions; Instruments : GDRs, ADRs, FIIs-their role in Indian CapitalMarket.

    Elective-V : Income-tax Law and Tax Planning

    Basic concepts, Residential status and tax incidence, exempted incomes, computation of taxable

    income under various heads. Computation of taxable income of individuals and firms. Deduction of tax, filing of returns, different types of assessment; Defaults and penalties . Tax Planning : Concept, significance and problems of tax planning, Tax evasion and tax

    avoidance, methods of tax planning. Tax considerations in specific business decisions, viz., make or buy; own or lease, retain or

    replace; export or domestic sales; shut-down or closure; expand or contract; invest or disinvest. Computer Application in Income tax and Tax planning.

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