CBSE Syllabus for Class 12 Business Studies 2023-24

CBSE Class 12 Business Studies Syllabus 2023-24: The Central Board of Secondary Education (CBSE) has recently unveiled the official CBSE Class 12 Business Studies Syllabus for the academic year 2023-24. This syllabus, provided in PDF format by CBSE, acts as a comprehensive roadmap for students, outlining the essential topics they need to study for their final examinations. The syllabus delineates the various chapters and concepts that students will encounter throughout the course, ensuring they are well-prepared for the assessments ahead.

The updated CBSE Class 12 Business Studies Syllabus PDF is readily available on the official CBSE website, offering easy access to students and educators alike. Alternatively, it can also be conveniently downloaded from the link provided in this article below.

CBSE Class 12 Business Studies Syllabus: Overview

The CBSE Class 12 Business Studies Syllabus for the academic year 2023-24 covers the following topics. Below given is a breakdown of the marks weightage for the class 12 Business Studies subject according to the CBSE Syllabus:

Also Check: CBSE Class 12 Accountancy Syllabus

CBSE Class 12 Business Studies Syllabus

Below provided is the list of chapters covered in the CBSE Class 12 Business Studies Syllabus for the academic year 2023-24.

Part A: Principles and Functions of Management

Unit 1: Nature and Significance of Management

Management – concept, objectives, and importance

Management as a Science, Art, and Profession

Levels of Management

Management functions: planning, organising, staffing, directing, and controlling

Coordination – concept and importance

Unit 2: Principles of Management

Principles of Management – concept and significance

Fayol’s principles of management

Taylor’s Scientific management – principles and techniques

Unit 3: Business Environment

Business Environment – concept and importance

Dimensions of Business Environment: Economic, Social, Technological, Political, and Legal

Demonetisation – concept and features

Unit 4: Planning

Planning: Concept, importance, and limitation

Planning Process

Single-use and standing plans: Objectives, Strategy, Policy, Procedure, Method, Rule, Budget, and Programme

Unit 5: Organising

Organising: Concept and importance

Organising Process

Structure of organisation: Functional and Divisional concept

Formal and informal organisation – concept

Delegation: concept, elements, and importance

Decentralisation: concept and importance

Unit 6: Staffing

Staffing: Concept and importance

Staffing as a part of Human Resource Management

Staffing process

Recruitment process

Selection process

Training and Development: Concept, importance, Methods of training

Unit 7: Directing

Directing: Concept and importance

Elements of Directing

Motivation – concept, Maslow’s hierarchy of needs, Financial and non-financial incentives

Leadership – concept, styles: authoritative, democratic, and laissez-faire

Communication – concept, formal and informal communication; barriers to effective communication; how do we overcome the barriers?

Unit 8: Controlling

Controlling – Concept and importance

Relationship between planning and controlling

Steps in the process of control

Part B: Business Finance and Marketing

Unit 9: Financial Management

Financial Management: Concept, role, and objectives

Financial decisions: investment, financing, and dividend – Meaning and factors affecting

Financial Planning – concept and importance

Capital Structure – concept and factors affecting capital structure

Fixed and Working Capital – Concept and factors affecting their requirements

Unit 10: Financial Markets

Financial Markets: Concept

Money market: Concept

Capital market and its types: Primary and Secondary

Stock Exchange – Functions and trading procedure

Securities and Exchange Board of India (SEBI) – objectives and functions

Unit 11: Marketing

Marketing – Concept, functions, and philosophies

Marketing Mix – Concept and elements

Product – branding, labeling, and packaging – Concept

Price – Concept, Factors determining price

Physical Distribution – concept, components, and channels of distribution

Promotion – Concept and elements; Advertising, Personal Selling, Sales Promotion, and Public Relations

Unit 12: Consumer Protection

Consumer Protection: Concept and importance

Consumer Protection Act 2019: 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

Guidelines for Project Work in Business Studies for Class 12 are provided, aimed at developing practical skills, exposure to operational environments, teamwork, problem-solving, research capabilities, and making studies enjoyable and practical.

Also Check: CBSE Class 12 Physical Education Syllabus

CBSE Class 12 Business Studies Syllabus PDF Download Link

The CBSE Class 12 Business Studies syllabus for the academic year 2023-24 details the topics included in the curriculum for Class 12 students studying Business Studies. Students need to grasp the contents of this syllabus to prepare comprehensively for their final Business Studies examination. Students are encouraged to obtain the Class 12 Business Studies Syllabus PDF to assist in exam preparation. This syllabus serves as a guide for students to structure their study plan efficiently. Click the link below to download the Class 12 Business Studies Syllabus PDF and begin your exam preparation.

Class 12 Business Studies Syllabus PDF Download Link

CBSE Class 12 Business Studies Preparation Tips

1. Understand the Syllabus: Begin by thoroughly understanding the CBSE Class 12 Business Studies syllabus. Identify the chapters and topics that need more focus and plan your study schedule accordingly.
2. Create a Study Plan: Develop a realistic study plan that allocates time for each topic based on its weightage and difficulty level. Stick to your schedule and ensure regular revisions.
3. Use Quality Resources: Refer to NCERT textbooks as they cover the entire syllabus comprehensively. Additionally, utilise reference books, study guides, and online resources for deeper understanding and practice.
4. Practice Numerical Problems: For topics involving calculations, such as financial management and marketing management, practice numerical problems regularly to improve your speed and accuracy.
5. Take Notes: While studying, take concise notes summarising key concepts, formulas, and definitions. These notes will serve as quick revision material before exams.
6. Solve Sample Papers and Previous Year Papers: Practice solving sample papers and previous year question papers to familiarise yourself with the exam pattern, marking scheme, and types of questions asked.
7. Focus on Understanding: Instead of rote learning, focus on understanding the concepts. Business Studies involves logical reasoning and practical application, so ensure you grasp the underlying principles.
8. Revision is Key: Allocate time for regular revisions of all topics. Use revision notes, flashcards, and mind maps to revise important points before exams quickly.
9. Stay Updated: Keep yourself updated with the latest business news and developments. This will help you relate theoretical concepts to real-world scenarios, enhancing your understanding.
10. Stay Calm and Confident: Maintain a positive attitude and stay calm during your preparation and exams. Believe in yourself and your abilities, and remember to take breaks to avoid burnout.

FAQs on CBSE Syllabus for Class 12 Business Studies

What are the main topics covered in the Class 12 Business Studies syllabus

The Class 12 Business Studies syllabus covers various topics, including Principles and Functions of Management, Business Finance and Marketing, Organizational Structure, Business Environment, and more.

How can I obtain the Class 12 Business Studies syllabus?

The Class 12 Business Studies syllabus can be obtained from the official CBSE website or downloaded from reputable educational platforms. It provides a comprehensive overview of the chapters and topics included in the curriculum.

Why is it important to understand the Class 12 Business Studies syllabus?

Understanding the Class 12 Business Studies syllabus is essential as it helps students plan their study schedule effectively, prioritise key topics, and prepare thoroughly for the final exam. It serves as a guide for covering the entire curriculum and ensures comprehensive exam preparation.