Business Studies deals with the combined elements of accountancy, finance, marketing, organizational studies, and economics is one of the subjects in the Class 11 syllabus of CBSE and ISC. The CBSE Class 11 Commerce Syllabus includes the syllabus of four mandatory subjects Accountancy, Business Studies, Economics, and English.  Candidates appearing for the exam must go through the complete Class 11 Business Studies Syllabus and plan their preparation accordingly to better succeed in the exam.

  • As per the experts, knowing the syllabus of business studies class 11 CBSE will help candidates to know the section-wise important topics. Also, you can be well versed in the weightage of questions from each topic.
  • Before starting with preparation, candidates must be aware of the class 11 business studies syllabus 2020 and the exam pattern.
  • Business studies is one of the important subjects in 11th Commerce Subjects. Hence, candidates need to focus more on all topics to score good marks in the exam.
  • In this post, we have provided subject-wise syllabus for class 11 Business Studies. Check all the important topics from the table below and enhance your preparation.

Class 11 Business Studies Syllabus 2020-21

Candidates appearing for the exam can go through the CBSE class 11 business studies syllabus 2020-21 PDF and plan their preparation accordingly. The syllabus of business studies is divided into three parts that are principles and Functions of Management, Business Finance and Marketing, and Project Work.

  • Business, profession, and employment, Sole Proprietorship, merits and limitations, Hindu Undivided Family Business, Role of business in environment protection, are some of the important topics that candidates have to focus from Part A: section i.e., Principles and Functions of Management.

Class 11 Business Studies Syllabus

  • Solving Class 11 Business Studies Sample Papers to know the difficulty level of the paper and the type of questions asked in the exam. This will also help candidates to improve their time management skills, problem-solving skills, speed, and accuracy. 
  • Let us have a look at the detailed syllabus of Class 11 Business Studies of both CBSE and ISC from below and plan your preparation accordingly.

Part-A: Foundation of Business

This section covers topics like nature and purpose of business, forms of business organizations, public, private and global enterprises, etc. Check the complete class 11 CBSE accounts syllabus.

Class 11 Accountancy Syllabus

Class 11 Accountancy Syllabus

Unit 1: Evaluation and Fundamentals of Business

Candidates have to focus on following topics from unit 1 of the business studies syllabus class 11.

  • History of Trade and Commerce in India: Indigenous Banking System, Rise of Intermediaries, Transport, Trading Communities: Merchant Corporations, Major Trade Centers, Major Imports and Exports, Position of Indian SubContinent in the World Economy.
  • Business – meaning and characteristics
  • Business, profession, and employment-Concept
  • Objectives of business
  • Classification of business activities - Industry and Commerce
  • Industry-types: primary, secondary, tertiary Meaning and subgroups
  • Commerce-trade: (types-internal, external; wholesale and retail) and auxiliaries to trade; (banking, insurance, transportation, warehousing, communication, and advertising) – meaning
  • Business risk-Concept

Unit 2: Forms of Business Organizations

In CBSE Class 11 Commerce Subjects List, there are are few mandatory and few optional subjects. Candidates can choose their desired optional subject based on their interests. Let us have a look at the detailed syllabus of the forms of business organizations.

  • Sole Proprietorship-Concept, merits, and limitations.
  • Partnership-Concept, types, merits, and limitation of partnership, registration of a partnership firm, partnership deed. Types of partners
  • Hindu Undivided Family Business: Concept
  • Cooperative Societies-Concept, types, merits, and limitations
  • Company - Concept, merits, and limitations; Types: Private, Public and One Person Company – Concept
  • Formation of the company - stages, important documents to be used in the formation of a company

Unit 3: Public, Private and Global Enterprises

Many students will have doubts about why commerce after the 10th. Here is the complete answer. Currently, Commerce is one of the trending subjects across the globe and there is a lot of scope in the coming days. Hence, being aware of the commerce subjects and all the topics will help students to clear the exam easily.

  • Public sector and private sector enterprises – Concept
  • Forms of public sector enterprises: Departmental Undertakings, Statutory Corporations, and Government Company

Class 11 Accountancy Syllabus 2020

Class 11 Accountancy Syllabus 2020

Unit 4: Business Services

  • Business services – meaning and types. Banking: Types of bank accounts - savings, current, recurring, fixed deposit, and multiple option deposit account
  • Banking services with particular reference to Bank Draft, Bank Overdraft, Cash credit. E-Banking meaning, Types of digital payments
  • Insurance – Principles. Types – life, health, fire, and marine insurance – concept

Unit 5: Emerging Modes of Business

  • E-business: concept, scope, and benefits

Unit 6: Social Responsibility of Business and Business Ethics

  • Concept of social responsibility
  • Case for social responsibility
  • Responsibility towards owners, investors, consumers, employees, government, and community
  • Role of business in environment protection

Part-B: Finance and Trade

The Part B syllabus of 11th business studies covers topics like sources of business finance, small business, internal trade, and international business.

Unit 7: Sources of Business Finance

  • Business finance: Concept and Importance
  • Owners’ funds- equity shares, preferences share, retained earnings, Global Depository Receipt (GDR), American Depository Receipt (ADR) and International Depository Receipt (IDR) – concept
  • Borrowed funds: debentures and bonds, a loan from a financial institution and commercial banks, public deposits, trade credit 

Unit 8: Small Business and Entrepreneurship Development

  • Entrepreneurship Development (ED): Concept and Need. Process of Entrepreneurship Development: Start-up India Scheme, ways to fund the start-up. Intellectual Property Rights and Entrepreneurship
  • Small scale enterprise – Definition
  • Role of small business in India with special reference to rural areas
  • Government schemes and agencies for small scale industries: National Small Industries Corporation (NSIC) and District Industrial Centre (DIC) with special reference to rural, backward areas

Unit 9: Internal Trade

  • Internal trade - meaning and types of services rendered by a wholesaler and a retailer
  • Large scale retailers-Departmental stores, chain stores – concept

Unit 10: International Trade

  • International trade: concept and benefits

Class 11 Accountancy Syllabus PDF

Class 11 Accountancy Syllabus PDF

CBSE Class 11 Business Studies Syllabus 2020-21 PDF (Reduced)

The Central Board of Secondary Education has reduced the syllabus of Class 11 business studies for the academic year 2020-21.

  • As per the revised syllabus of CBSE Class 11, few topics have been deleted form each unit.
  • Candidates appearing for the exam must be aware of the revised syllabus to score good marks in the exam.
  • There are a total of 10 units in the revised business studies syllabus of Class 11. Hence, it is important for candidates to study all the topics as per the latest syllabus.

Click here to download the reduced syllabus of Business Studies Class 11 CBSE 2020-21 PDF

Deleted portion of CBSE Class 11 Business Studies Syllabus 2020-21

The following topics are deleted from Part A and Part B syllabus of CBSE Class 11 Business studies. 

Part A: Foundation of Business

Candiadtes can go through the deleted portion of the Class 11 Business Studies syllabus of Part A from the post below and plan their preparation accordingly for the exam.

Unit 2: Forms of Business organizations

  • Choice of form of business organization

Unit 3: Public, Private and Global Enterprises

  • Global Enterprises – Feature. Joint ventures, Public-private partnership – concept

Unit 4: Business Services

  • Postal Service - Mail, Registered Post, Parcel, Speed Post, Courier - meaning

Unit 5: Emerging Modes of Business

  • Business Process Outsourcing (BPO): Concept, need and scope

Unit 6: Social Responsibility of Business and Business Ethics

  • Business Ethics - Concept and Elements

Part B: Finance and Trade

Check the Part B deleted syllabus of the Class 11 Business studies.

Unit 7: Sources of Business Finance

  • Borrowed funds: Inter Corporate Deposits (ICD) – Concept

Unit 9: Internal Trade

  • Types of retail-trade-Itinerant and small scale fixed shops retailers

GST (Goods and Services Tax): Concept

Unit 10: International Trade

  • Export trade – Meaning and procedure
  • Import Trade - Meaning and procedure
  • Documents involved in International Trade: indent, letter of credit, shipping order, shipping bills, mate’s receipt (DA/DP)
  • World Trade Organization (WTO) meaning and objectives

Click here to download the deleted portion of CBSE Class 11 Business Studies Syllabus PDF

ISC Class 11 Business Studies Syllabus 2020-21 PDF  (Reduced) 

As per the latest notice, the ISC Class 11 Commerce Syllabus has been reduced for the academic year 2020-21. The reduced Class 11 Business Studies include topics like introduction to the concepts of the business environment, entrepreneurship, managers and managerial roles, automation at workplaces.

  • Before starting the preparation, candidates are suggested to download the syllabus PDF and plan their preparation accordingly for the exam. 
  • Candidates must note that the syllabus has been reduced only for the academic year 2020-21. From next year, the business studies syllabus is the same as the previous year i.e., 2019.
  • Solving the ISC Class 11 Commerce Sample Papers will help candidates to get an idea about how to analyze different questions easily in the exam.
  • Here, we have provided class 11 business studies ISC reduced syllabus in the form of a PDF. Candidates can view or download the PDF by clicking on the direct link provided in the post below.
  • Students are advised to focus more on topics like features and importance of business environment, SWOT analysis, business risks and causes of failure, managers and managerial roles, etc, as most of the questions are asked from these topics in the exam.

Click here to download the reduced syllabus of ICSE Class 11 Business Studies PDF

What is the CBSE Class 11 Business Studies Marking Scheme 2020-21?

  • The theory paper of the class 11 business studies question paper holds a weightage of 80 marks whereas project work holds a weightage of 20 marks.
  • Apart from the Business studies, candidates must be aware of the  CBSE Class 11 Commerce Syllabus to score good marks in the exam.

Let us have a look at the table below to know the detailed structure of the Business Studies Class 11 Question Paper.

Parts Chapters Marks
Part A Foundations of Business
1 Nature and Purpose of Business 16
2 Forms of Business Organizations
3 Public, Private, and Global Enterprises 14
4 Business Services
5 Emerging Modes of Business 10
6 Social Responsibility of Business and Business Ethics 
Part B Finance and Trade
7 Sources of Business Finance 20
8 Small Business
9 Internal Trade 20
10 International Business
Part C Project Work 20

Which are the Best Books for Business Studies Class 11?

Referring to the  11th Commerce Books will help candidates to prepare all the topics as per the latest syllabus and enhance their preparation.  To help candidates, we have assembled a list of some important books for the preparation of Class 11 Business Studies.

Author name CBSE Books for Class 11th
Poonam Gandhi Business Studies Class 11th CBSE
Sandeep Garg Business Studies with Case Studies for Class 11th (2020-2021)
Meena Verma Business Studies Class 11th
C.L. Chaturedi and L.N. Aggarwal Vyavasaye Adhayan - Class XI(Hindi)

FAQ's

How many chapters are there in Class 11 Business studies syllabus?

There are a total of 10 units are there in Class 11 Business studies syllabus. Candidates need to focus on all the units to better succeed in the exam.

What are the important topics that need to be prepared under the syllabus of Class 11 Business studies?

The important topics that need to be prepared under the syllabus of Class 11 Business studies include History of Trade and Commerce in India: Indigenous Banking System, Rise of Intermediaries, Transport, Trading Communities: Merchant Corporations, Major Trade Centers, Major Imports and Exports, Position of Indian SubContinent in the World Economy, Forms of Business Organizations, etc.

How do you define Business?

A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.

Is NCERT Book enough for Class 11 Business Studies preparation?

NCERT Books are the official books prescribed for CBSE Class 11 Board Exams. It is suggested by experts and toppers to study from the NCERT Books. For reference, students can study from other books from different authors. 

What is the Class 11 Business Studies Marking scheme?

As per the analysis, the theory paper of the class 11 business studies question paper holds a weightage of 80 marks whereas project work holds a weightage of 20 marks.