Candidates studying in CBSE class 11 Commerce stream can go through the detailed syllabus for Business Studies subject here. 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 in Class 11 Business Studies Syllabus. 

Class 11 Business Studies Syllabus 2020-21

As per the latest notice, CBSE and ICSE boards have reduced 30% of the business studies syllabus. The syllabus of Class 11 business studies is divided into three parts are principles and Functions of Management, Business Finance, and Marketing, and Project Work. Candidates can go through the CBSE class 11 business studies syllabus 2020-21 PDF and plan their preparation accordingly.

Enhance preparation levels by 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. 

CBSE Class 11th Business Studies Syllabus 2020-21

To help candidates, we have provided a detailed syllabus of business studies class 11 CBSE. Candidates can go through the detailed syllabus here and start their preparation well in advance to score good marks in the exam.

CBSE Class 11 Business Studies Revised Syllabus 2020-21 Download PDF

  • As per the revised syllabus of CBSE Class 11, few topics have been deleted from 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. 
Units Periods Marks
Part A Foundations of Business  
1 Nature and Purpose of Business 18 16
2 Forms of Business Organisations 20
3 Public, Private and Global Enterprises 10 14
4 Business Services 14
5 Emerging Modes of Business 05 10
6 Social Responsibility of Business and Business Ethics 08
Total 75 40
Part B Finance and Trade  
7 Sources of Business Finance 28 20
8 Small Business 16
9 Internal Trade 22 20
10 International Business 04
Total 70 40
Project Work 20 20

CBSE Syllabus for Class 11 Business Studies

Part-A: Foundation of Business

Business studies is one of the important subjects in 11th Commerce Subjects. 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 Business Studies 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 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, 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 environmental 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

ISC Class 11 Business Studies Syllabus 2020-21 PDF

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.
  • 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.

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

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

Unit -1: Business Environment

(i) Introduction to the concept of a business environment. Meaning and definition of the business environment.

(ii) Features and importance of the business environment.

(iii)SWOT Analysis

Unit-2: Entrepreneurship

(i) Introduction to Entrepreneur

(ii) Introduction to Entrepreneurship

Unit-3: Managers and Managerial Roles

(i) Introduction

(ii) Managerial roles

(iii) Authority, responsibility, and accountability

(iv) Change management

Download the Reduced Syllabus of ICSE Class 11 Business Studies 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

Download CBSE Class 11 Business Studies Deleted Syllabus PDF

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.