Updated On : September 17, 2023
Summary: The Class 12 Business Studies syllabus for both CBSE and ICSE boards is meticulously crafted to impart comprehensive business knowledge. However, the approach and weightage of topics differ between these two major boards.
Business Studies is one of the mandatory subjects in class 12 commerce subjects.
To help you understand the important topics and weightage, we have explained the Class 12 Business Studies Syllabus for both the CBSE and ICSE boards.
The class 12 Business Studies syllabus slightly changes every year; therefore, it is important to ensure you check the syllabus thoroughly before you start your preparations!
This post shall take you through important topics to be studied and the marking scheme.
As the CBSE board has not yet released the new syllabus for 2024, we have provided the previous year's syllabus here.
The syllabus of CBSE Class 12 Business Studies is divided into three parts:
Solving Class 12 Business Studies Sample Papers can help you to improve your time management skills and know the difficulty level of questions.
Here, we have provided the detailed unit-wise syllabus of Part A.
Unit 1: Nature and Significance of Management
The table below shows the detailed Revised syllabus of business studies class 12th Commerce (CBSE): -
|CBSE Class 12 Business Studies Syllabus - Topics|
|Concept of Management. Objectives of Management. Importance of Management.|
|Management as Science, Art, and Profession|
|Levels of Management|
|Management functions – Planning, Organizing, Staffing, Directing, and Controlling.|
|Concept of Coordination Importance of Coordination|
Unit 2: Principles of Management
|Business Studies Class 12 Syllabus Term 2 - Topics|
|Concept of Principles of Management Significance of Principles of Management|
|Fayol’s Principles of Management|
|Principles of Tayor’s Scientific Management. Techniques of Taylor’s Scientific Management|
Unit 3: Management and Business Environment
|Concept of Business Environment - Importance of Business Environment|
|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 4: Planning
|Concept of Planning - Importance of Planning - Limitation of Planning|
|Single-use and standing plans. Objectives, Strategy, Policy, Procedure, method Rule, budget and Programme|
Unit 5: Organising
|Concept of Organising - The importance of Organising|
|Structure of Organisation – Functional and Divisional Concept|
|Concept of Delegation Elements of Delegation Importance of Delegation|
|Concept of Decentralization Importance of Decentralization|
Unit 6: Staffing
|Concept of Staffing - Importance of Staffing|
|Staffing as a part of the Human Resource Management concept|
|Selection – Process|
|Concept of Training and Development Importance of Training and Development Methods of Training – on the Job and off the Job – Vestibule Training, Apprenticeship Training and Internship Training|
Unit 7: Directing
|Concept of Directing - Importance of Directing.|
|The element of Directing.|
|Concept of Motivation Maslow's Hierarchy of Needs Financial and Non-Financial Incentives.|
|Concept of Leadership Styles – Authoritative, Democratic, and Laissez-Faire.|
|Concept of Communication Formal and Informal Communication Barriers to Effective Communication How to Overcome the Barriers.|
Unit 8: Controlling
|Concept of Controlling the Importance of Controlling|
|Relationship between planning and controlling|
|Steps in the Process of Controlling|
Go through the detailed part B syllabus of class 12 business studies and plan your preparation accordingly.
Unit 9: Financial Management
|Business Studies Class 12 Latest Syllabus - Topics|
|Concept of the Financial Management Role of Financial Management Objective of Financial Management|
|Financial Decisions – Investment, Financing, Dividend – Meaning and Factors Affecting|
|Concept of Financial Planning Importance of Financial Planning|
|Concept of Capital Structure Factors Affecting Capital Structure|
|Concept of Fixed and Working Capital Factors Affecting their Requirements|
Unit 10: Financial Markets
|Class 12 CBSE Business Studies Syllabus - Topics|
|Concepts of Financial Markets Functions of Financial Markets Types of Financial Markets|
|Money Market and its Instruments|
|Concept of Capital Market Types of Capital Market (Primary and Secondary) Methods of Floatation in the Primary Market|
|Functions of Stock Exchange Trading Procedure|
|Objectives of the Securities and Exchange Board of India (SEBI) Functions of Securities and Exchange Board of India (SEBI)|
Unit 11: Marketing Management
|New Syllabus of Business Studies Class 12 - Topics|
|Concept of Marketing Management Functions of Marketing Management Philosophies of Marketing Management|
|Concepts of Marketing Mix Elements of Marketing Mix|
|Concept of Product Branding, Labeling, and Packaging|
|Concept of Price Factors Affecting Price|
|Concept of Physical Distribution Components of Physical Distribution Channels of Distribution|
|Concept of Promotion Elements of Promotion Mix Advertising Personal Selling Sales Promotion Public Relations|
Unit 12: Consumer Protection
|Business Studies Class 12 NCERT Syllabus - Topics|
|Concept of Consumer Protection Importance of Consumer Protection|
|Consumer Protection Act 1986 Meaning of Consumer Rights and Responsibilities of Consumers Who can file a Complaint? Redressal Machinery Remedies Available|
|Consumer awareness - Role of consumer organizations and Non-Governmental Organizations (NGOs)|
Part C: Project Work
Project work carries 20 marks, and for more details, refer to Class 12 Business Studies Project Topics CBSE.
The table below shows the weightage of each topic of class 12th Business Studies subject (CBSE): -
|Part A||Principles and Functions of Management||-||50|
|1.||Nature and Significance of Management||12||16|
|2.||Principles of Management||11|
|Part B||Business Finance and Marketing||-||30|
|Part C||Project Work ( One)||20||20|
Go through the detailed topic-wise syllabus of class 12 business studies for the ICSE board below.
After knowing the syllabus, go through the Class 12 Business Studies Important Questions and enhance your preparation for the upcoming exam.
|Business Studies Class 12 Term 2 Syllabus - Topics|
|Introduction to Human Resource Management|
|Job and Manpower Planning|
|Staff Promotion and Transfer|
|Emerging Trends in Human Resource|
|Business Studies Term 2 Syllabus Class 12 - Topics|
|Current trends in Business Communication: e-mail and video conferencing|
|Class 12 Business Studies Term 2 Syllabus - Topics|
|Types of Outsourcing|
|Online means of conducting business|
(i) Regulators and Intermediaries: Meaning of the terms Regulators and Intermediaries.
(ii) Role of Regulators and Intermediaries.
Check: CBSE Psychology Class 12
Business Studies Class 12 ISC Syllabus weightage is as follows -
|Business Studies Class 12 Term 1 Syllabus - Paper 1||Marks||Paper 2||Marks|
|Part 1||20||Project 1||10|
|Part 2||60||Project 2||10|
While both the CBSE and ICSE syllabi aim to provide students with robust knowledge about business and its various facets, their focus areas slightly differ. CBSE has a more managerial orientation with topics like 'Principles of Management', 'Directing', and 'Controlling', whereas ICSE delves deeper into forms of businesses, business ethics, and more specialized areas like international business. Ultimately, the choice between the two would depend on a student's interest and future academic and career plans. Regardless of the board, a strong foundation in Business Studies during Class 12 plays a pivotal role in understanding the intricacies of the business world.
Frequently Asked Questions
Is the syllabus reduced for class 12th business studies?
How do you define Business?
Is NCERT Book enough for Class 12 Business Studies preparation?
What are the important topics that need to be prepapred under Class 12 Business Studies Syllabus?
How many chapters are there in CBSE Class 12 Business Studies Syllabus?