ICSE Syllabus Class 10 Commercial Applications

Introduction to ICSE Syllabus for Class 10 Commercial Applications

Extramarks gives students the real, and accurate preparation resources required to prepare for topics students will learn in a detailed format in the future. When learning about the subject, it is necessary to understand various topics by going through the syllabus altogether. With the help of this comprehensive curriculum, students can understand how different concepts in the course can be used in the real world.

When studying for examinations, students should start preparing in advance to get familiar with the subject and its core content to quickly understand and grasp the topic during the classes. 

ICSE Syllabus for Class 10 Commercial Applications: Overview

In the ICSE Syllabus for Class 10   Commercial Applications, students will study:

• Markets and marketing strategies.
• Advertisement and how it plays an essential role in promoting their goods in the market. 
• Finance and all the present institutions help facilitate the movement of these products and services.
• Various banking institutions and how they function.
• Significance of human resources and the use of public services. 

This is an essential subject for students who are willing to pursue Business Administration or Finance for their higher studies. This module lays the groundwork for students to understand the most difficult topics in the field.

ICSE Syllabus for Class 10 Commercial Applications: Semester 1 & 2 

The following is the curriculum and pattern for the ICSE Syllabus for Class 10 Commercial Applications:

A Brief Introduction of Commercial Applications:

Understanding Markets and Marketing strategy:

Definition of markets and marketing strategy with examples from consumer goods & services.

• A clear understanding of markets; examples of non-traditional markets such as catalogues, direct sales, telemarketers, etc. Definition, Types and stages of marketing. 
• Product and service the meaning, features, types and differences between a product and service with examples.
• Understanding 4 types of Ps – Products, Prices, Places and Promotions.

Elements of Marketing Mix and strategies, stages of Product life-cycle, pricing strategies such as skimming, penetration, parity, cost plus, direct selling, place, types of distribution channels, promotional design, the concept of advertising, and publicity.

• Advertising and brand promotion, its definition, meaning, features, advantages, disadvantages and types of advertising. Media used for advertising: importance and benefits of sales promotion; the purpose of brand, branding and brand promotion, brand equity and brand loyalty.
• Sales and the types of the selling process; qualities of a good salesman: the dissimilarity between sales and marketing sales; methods of selling, features of selling; advertising and personal selling.

Understanding Finance:

Basic understanding of (GAAP) Generally Accepted Accounting Principles.

• GAAP to be explained – Entity concept, money measurement concept, matching concept, duality concept.
• Principles of Financial reporting and accounting – receipt and payment account; income and expenditure account; balance sheet. Income and expenditure differences. A different balance sheet concept – Its meaning, features, and uses.
• Types of Banking – functions of the Central Bank and commercial banks, types of accounts and banking transactions. Functions of both banks and dissimilarity between the two, types of banks deposit accounts (Savings/Recurring/Current/Fixed Account) and its differences; Essential documents for an account holder for operating a bank account requires a passbook, pay-in-slip, cheque book; benefits of bank accounts, advantages and disadvantages of cheques; When can a bank reject payment of a cheque; automated teller machine (ATM); the difference between Cheques and Bank draft.
• The elementary notion of cost (direct, variable etc.). Differentiation of cost according to nature (direct and indirect), behaviour (variable, fixed and semi-fixed).

Understanding Human Resources:

A basic understanding of the human resource department.

• Importance, features, roles, and function of Human resources in a commercial or any organisation.
• Often used systems for recruitment, selection and training of employees.
• Its definition, methods and sources (internal and external) of recruitment. 
• The selection process, its meaning and  methods; various forms of Interviews;
• Training process its meaning and importance, types and methods of training, On and off-job training.

Development of Public Relations:

Meaning, nature, the scope of Public Relations. Components of public relations – human relations, concerns, persuasion and communication. History of public relations and present status. Ethics in public relations. Issues of the Environment:

• Destruction of the ecosystem due to industrialisation, transport, tourism, the dwelling of business units and mining.
• Excessive consumption of minerals, other non-renewable resources  and raw materials 
• Energy crisis: Rural and urban sectors, renewable and non-renewable energy, greenhouse effect, global warming and acid rain.
• Energy crisis: Urban and rural sectors. Renewable and non-renewable energy, causes of the greenhouse effect; global warming and threats of global warming; acid rain and its impact.
• Environmental values and their ethics. Primary responsibilities and advantages of education. Uses of cloth bags, organic manure, clean surroundings, respect for other people, developing an environmental ethics awareness, for Example, refusing the use of plastic bags, plastic foam containers etc.; recycling paper will lessen the demand on wood and save trees.
• Consumer Education: its  meaning and learning the significance of informing the customer of their rights; forms of consumer rights; making the right choices when purchasing different products, food adulteration and its harmful effects.
• The side effects of pollution on the environment, human health, the Bhopal gas tragedy, and the Chornobyl disaster.

Community participation and contribution to public awareness programmes for ecological restoration and conservation like the Chipko Andolan (Movement).

ICSE Syllabus for Class 10 Commercial Applications: Important Topics

The ICSE syllabus for the Class 10   commercial applications module summarises what you will be studying throughout your academic session. It covers four units.

One unit will come under semester one, and the remaining three fall under semester two. The student may want to know the important topics of the subject that will help them secure good marks in the exams. 

Below is a list of some of those topics:

• Understanding the Basics of Markets and Marketing
• Understanding Finance  
• Understanding Human Resource 
• Development of Public Relations  

ICSE Syllabus for Class 10 Commercial Applications: Chapter  Weightage

The students will have to take one written paper of two hours duration. weightage is 100 Marks.

Internal Assessment carries 100 weightage. This paper will be divided into two sections.

• Section A (Mandatory) consists of mandatory short answer questions covering the entire syllabus.
• Section B consists of questions that require detailed explanation. There is a choice option to pick questions from this section.

ICSE Syllabus for Class 10 Commercial Applications: Examination Pattern

The ICSE Syllabus for Class 10   Commercial Applications gives students an idea of the examination pattern. Below is the ICSE approved marking scheme and the examination pattern for Class 10   commercial applications.

• Students will have an internal assessment and a written paper of 100 marks each. 
• Students will be provided with a 2 hour time duration to complete the written examination paper. 
• The question paper consists of two sections, covering the entire subject. 
• Students will have to write all the section A questions that include short answer type questions.
• Students will get an option in Section B. 
• Students will have to remember to write and explain detailed answers to the questions in Section B as they will have more weightage than questions from Section A. 

ICSE Syllabus for Class 10 Commercial Applications: Important Links

While studying, the syllabus plays a vital role as it provides a more systematic approach to learning their modules. Hence to check the syllabus, students need to use the curriculum available on the Extramarks website before preparing for the examination.

Students can avail commercial applications icse Class 10   textbook and other important resources from the link mentioned below.

Students can also access the following study materials created by Extramarks by clicking on the links mentioned below:  

Benefits of ICSE Syllabus for Class 10 Commercial Applications

There are various benefits of learning commercial applications: the ‘Foundation’ for higher studies. The following are the benefits of the Extramarks ICSE Syllabus for Class 10 Commercial Applications:

• The Commercial Applications topic is updated as per the ICSE rules and regulations. The best part about studying from the module is that it gives you a realistic and accurate outlook on the syllabus. 
• The module will guide students throughout their preparations.
• Students will study the different commercial applications of finance and business.
• The syllabus will give the students knowledge of the scope of the examination papers. 
• With this syllabus, students will understand the order/schedule they must adapt to study and prepare for the examination.