ISC Class 12 Business Studies Syllabus
Business Studies subject ensures that the candidate learns modern business techniques. It gives an in-depth knowledge of business and Managerial skills. During exam preparation, the syllabus gives the candidates an understanding of the exam pattern and marks distribution. It is a tool that helps candidates to plan and prepare for the ISC board examination.
Extramarks provides students with an updated version of the latest changes made in the curriculum on their website. ISC class 12 Business Studies syllabus helps students know about the chapters they are going to study. It allows them to prepare for the upcoming academic session and board exam.
ISC class 12 Business Studies syllabus Semesters 1 & 2
The ISC class 12 Business Studies syllabus is divided into two semesters. It helps to divide the resource equally among the two semesters and study the subject ideally. The Business Studies class 12 ISC syllabus is represented in the table below:
Semester 1 |
Semester 2 |
Unit No. |
Name of Unit |
Unit No. |
Name of Unit |
1. |
Human Resource Management |
2. |
Business Communication and Correspondence |
|
|
3. |
Business Size and Finance |
|
|
4. |
Globalisation and recent trends in Business |
|
|
5. |
Business Regulators and Intermediaries |
ISC class 12 Business Studies syllabus include the following chapters and subchapters.
- Human Resource Management
(i) Introduction to Human Resource Management.
(ii) Job and Manpower planning
(iii) Employee Recruitment
(iv) Employee Selection
(v) Employee Training
(vi) Employee Morale
(vii) Employee Motivation
(viii) Employee Remuneration (Pay Packages)
(ix) Employee Leadership
(x) Employee Appraisal
(xi) Employee Promotion and Transfer
(xii) Employee Separation
(xiii) Emerging trends in HR: Flexible Hours of working, Permanent part-time job, Retainership (retaining the best talent), Work from home option, Self-managing teams & Virtual teams.
- Business Communication and Correspondence
(i) Business Communication: Communicating with clients.
(ii) Business Correspondence: i.e. communicating through various forms of letters solicited and unsolicited letters of application for a job, Interview letter, Offer of Appointment, Letter of enquiry, Quotation letter, Order letter, Complaint letter, Reply to Complaint letter).
- Business Size and Finance
(i) Various business entities, i.e. sole proprietorship, partnership, private limited company and public limited company.
(ii) Sources of business finance Equity and shares, bonds & debentures, maintain profits, trade credit, public deposits, loans, discounting of bills of exchange, global depository receipt, Angel investors, venture capitalists, crowdfunding, peer to peer lending.
- Globalization and recent trends in the Business
(i) Globalisation
(ii) E-Business.
(iii) Outsourcing
(iv) Various types of Outsourcing
(v) Online means of conducting business
- Business Regulators and Intermediaries
(i) Intermediaries & Regulators
(ii) Role of Intermediaries & Regulators
- Reserve Bank of India: Nationalised banks, overseas banks (NBFC).
- (SEBI): stock exchanges, brokers, bankers, depositories, mutual funds and credit rating agencies.
- (IRDA): insurance companies, insurance brokers. & agents.
- Pension Fund Regulatory and Development Authority (PFRDA)
- Food Safety and Standards Authority of India (FSSAI)
- Bureau of Indian Standards (BIS): ISI mark is given to industrial goods, consumer electrical goods, steel manufacturers.
Students may click on the respective chapter under the ISC class 12 Business Studies syllabus to access the study material.
ISC Class 12 Business Studies Syllabus Examination Pattern
ISC Class 12 Business Studies Syllabus is divided into two parts:
Part one – Theory: Three hours-(80 marks)
Part two – Project Work- (20 marks)
Part 1 is segmented into two sections. Section 1 (20 marks) has mandatory short answer questions to test the knowledge and helps apply those skills relating to elementary/ fundamental terms in the syllabus. Section 2 (60 marks) will have eight questions, out of which the candidates will have to answer any five questions; each question carries 12 marks.
Part Two – Under Project Work os of 20 Marks, and candidates are expected to complete two projects from any topic covered in theory. The invigilator will assess the project work, and a visiting examiner will be appointed locally and he/she will be approved by the Council.
Marks allotted for each Project under ISC class 12 Business Studies syllabus is 10. The marks are divided as follows.
- Overall Project 1 mark
- Content 4 marks
- Findings 2 marks
- Viva-voice based on the Project 3 marks.
Students may find the study material, pertaining to the ISC class 12 Business Studies syllabus on Extramarks.
ISC Class 12 Business Studies syllabus & Study Materials 2023-24
Candidates can refer to notes of ISC Class 12 Business Studies syllabus prepared as per ISC guidelines from the website of Extramarks. ISC Business Studies is a potential subject that enables students to have a comprehensive approach toward life based on circumstances, and it further prepares students for their future.
In addition to the notes pertaining to ISC class 12 Business Studies syllabus, candidates can access the following by clicking on the respective links.
ICSE Revision Notes
ISC & ICSE Syllabus
ICSE Solutions
ICSE sample question papers
ICSE important questions
ICSE question paper