CBSE Class 11 Business Studies Syllabus

CBSE Class 11 Business Studies Syllabus Term (1 & 2) 2023-2024

The CBSE Class 11 Business Studies syllabus has been released for the academic year 2023-2024. Business studies is an important subject for students pursuing Commerce. The course in Business Studies prepares students to analyse, manage, evaluate and respond to changes which affect business. In addition, the course makes the students understand how business influences and is itself influenced by social, political, legal and economic forces.

After completing the Business Studies course, students will be able to appreciate the fact that business is an integral part of society and develop an understanding of many social and ethical issues.

The Syllabus is Available on Extramarks 

The syllabus of Business Studies Class 11 CBSE 2023-24 PDF can easily be accessed  from the Extramarks website. Students need not look elsewhere  as the term wise syllabus is available at the click of a button. 

 A Bird’s Eye View of the Syllabus

The CBSE Syllabus for Class 11 Business Studies is a valuable study resource for CBSE students. It narrows down the subject information to be studied during that academic year. Moreover, diligently following the CBSE syllabus is the key to excellence in the board examinations as most of the CBSE board questions are picked from the NCERT books.  The CBSE Class 11 Business Studies syllabus provides a  bird’s eye view of the entire syllabus. . Business Studies might appear to be a  challenging subject, and therefore it is advisable for students to stick to the NCERT books  prescribed by the CBSE guidelines. 

 Business Studies Syllabus Class XI

Before starting your studies, it will be helpful if you refer to the Business Studies syllabus Class 11 CBSE 2023-24 for the following reasons:

• Reading the syllabus gives you an overall idea of the chapter/topic that one needs to study. 
• Reading the syllabus will help students steer their efforts in the right direction, and stay focussed and will also help them to stay away from other resources and save time. 
• It will provide an  insight into what to read and what to ignore, and that saves time. 
• Reading the CBSE syllabus for Class 11 Business Studies will also clear all confusions regarding Term 1 and Term 2 chapters.

CBSE Class 11 Business Studies Syllabus Term (1 & 2) 2023-2024

Business studies courses are introduced at the plus two stages of Senior Secondary Education after completing primary and middle school. The topics have been included in a way that ensures students have a solid understanding of the rules and conventions that govern business (trade and industry), and how these relate to society.

Syllabus of Business Studies Class 11

The CBSE Class 11 Business Studies syllabus consists of 80 points for theoretical work and 20 points for project work. CBSE systematically shows the breakdown of grades in each chapter. 

The syllabus of Business Studies Class 11 aims to include aspects like information technology skills, e-business, etc. to provide basic knowledge of business. The syllabus consists of Part A: Foundations of Business and Part B: Finance and Trade. The various units and topics included in these parts are mentioned below.

Project Work

The project will enable the student to enjoy studies and use their leisure time effectively in observing what’ is happening around the world. Through project work, students are exposed to experiences outside of the classroom and given the chance to consult resources, gather knowledge, examine it to determine its application, and choose what to retain. The project may be done in a group or individually. The various projects one can undertake according to the CBSE guidelines are as follows:

• Project One: Field Visit

1. Visit to a hHandicraft unit.
2. Visit to an iIndustry 
3. Visit to a wWholesale market (vegetables, fruits, flowers, grains, garments, etc.) 
4. Visit to a dDepartmental store
5. Visit to a mMall.

• Project Two: Case Study on a Product

1. Research for change in price of the product. For example, apples in Himachal Pradesh during the plucking and non-plucking season.
2. Effect on prices in the absence of an effective transport system.
3. Effect on prices in the absence of suitable warehouse facilities.
4. Duties performed by the warehouses.
5. Demand and supply situation of the product during the harvesting season, prices near the place of origin and away.

• Project Three: Aids to Trade
• Project Four: Import /Export Procedure
• Project Five: A visit to any State Emporium (other than your school state).

At the end of the term, every student will have to prepare and submit their project report. Preparing and submitting the project should be as per the following guidelines:

1. The entire project will be in a file format, consisting of the recordings of the value of shares and the graphs.
2. The project must be handwritten.
3. The project must be presented in a neat folder.

Part A: Foundations of Business

Concept includes meaning and features  

Unit 1: Evolution and Fundamentals of Business

1) History of Trade and Commerce in India: Indigenous Banking System, Rise of Intermediaries, Transport, Trading Communities: Merchant Corporations, Major Trade Centres, Major Imports and Exports, Position of Indian Sub-Continent in the World Economy.

2) Business – meaning and characteristics

3) Business, profession, and employment cConcepts

4) Objectives of business

5) Classification of business activities – Industry and Commerce

6) Industry types – primary, secondary, tertiary mMeaning and subgroups

7) Commerce-trade – types-internal, external, wholesale and retail and auxiliaries to trade; banking, insurance, transportation, warehousing, communication and advertising – meaning

8) Business Risk-ConceptUnit 2: Forms of Business organisations

1) Sole Proprietorship – Concept, merits and limitations.

2) Partnership – Concept, types, merits and limitations of partnership, registration of a partnership firm, partnership deed. Types of partners

3) Hindu Undivided Family Business – Concept

4) Cooperative Societies – Concept, merits and limitations

5) Company – Concept, merits, and limitations; Types: Private, Public and One Person Company – Concept

6) Formation of company – stages, important documents to be used in formation of a company

Unit 3: Public, Private and Multinational Company

1) Public sector and private sector enterprises – Concept

2) Forms of public sector enterprises – Departmental Undertakings, Statutory Corporations and Government Company

Unit 4: Business Services

1) Business services – meaning and types. Banking: Types of bank accounts – savings, current, recurring, fixed deposit and multiple option deposit account

2) Banking services with particular reference to Bank Draft, Bank Overdraft, Cash credit. E-Banking meaning, Types of digital payments

3) Insurance – Principles; types – life, health, fire, and marine insurance – concept

Unit 5: Emerging Modes of Business

1) E-business: concept, scope and benefits

Unit 6: Social Responsibility of Business and Business Ethics

1) Concept of social responsibility

2) Case of social responsibility

3) Responsibility towards owners, investors, consumers, employees, government and community

4) Role of business in environment protection

Part B: Finance and Trade

Unit 7: Sources of Business Finance

1) Business finance – Concept and Importance

2) Owners’ funds – equity shares, preferences share, retained earnings, Global Depository receipt (GDR), American Depository Receipt (ADR) and International Depository Receipt (IDR) – concept

3) Borrowed funds – debentures and bonds, loan from financial institution and commercial banks, public deposits, trade credit

Unit 8: Small Business and Entrepreneurship Development

1) Entrepreneurship Development (ED) – Concept, Characteristics and Need. Process of Entrepreneurship Development: Start-up India Scheme, ways to fund start-up. Intellectual Property Rights and Entrepreneurship

2) Small scale enterprise as defined by MSMED Act 2006 (Micro, Small and Medium Enterprise Development Act)

3) Role of small business in India with special reference to rural areas

4) 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

1) Internal trade – meaning and types of services rendered by a wholesaler and a retailer

2) Large scale retailers-Departmental stores, chain stores – concept

Unit 10: International Trade

1) International trade – concept and benefits

CBSE Syllabus for Class 11 Business Studies Term 1 (2023-2024)

Theory: 40 marks

Duration: 90 minutes 

MCQ based question paper

Students need to prepare only one project in the entire academic session, which is divided into 2 terms i.e., Term 1 and Term 2.

CBSE Syllabus for Class 11 Business Studies Term 2 

Theory: 40 marks

Duration: 2 hours

Subjective Question Paper

Benefits of Class 11th Business Studies Syllabus 

The benefits of having CBSE Class 11 Business Studies syllabus are as follows:

• Students can begin their preparations early by following  the CBSE curriculum, which will enable them to do well on the test and clear their doubts simultaneously.. .
• Students will find it easy to approach the subject with the syllabus in hand. Along with the NCERT textbook, students should solve questions from Extramarks resource materials to build a strong foundation.
• The syllabus provides an insight to stay focussed and to hone one’s study strategies to improve their academic scores. 
• It gives detailed information of the paper pattern and chapters concerned as well as the objectives behind reading the chapters.