Visakha Prashar
August 20, 2023 08:52
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Learn the intricate details of the UPSC commerce and accounting optional subjects. Boost your chances of success and prepare yourself better.
While preparing for the UPSC (Union Public Service Commission) examination, choosing the right optional subject is a critical decision that has a direct impact on one’s chances of success in the exam. Among the various options available in the given list of UPSC optional subject list. Commerce & Accountancy stands out as a popular choice for aspirants with a background or interest in commerce, finance, and accounting. In this article we will try to explore various dimensions of Commerce & Accountancy optional and analyse its syllabus, question papers, and resources that can help in preparation.
Out of 48 subjects mentioned in the list of UPSC Mains Optional subject Commerce and Accountancy is one of the preferred subjects who have educational background of Commerce and Accountancy. Candidates choosing Commerce and Accountancy as their optional subjects need to have a strong hold of accounting principles, financial management techniques, economic theories, business laws, and taxation policies. Candidates are expected to be proficient in critical thinking, analytical skills, and the ability to apply theoretical knowledge to practical scenarios.
The Commere & Accountancy Optional Paper generally consists of two papers – Paper I and Paper II. Both papers are designed to assess the candidate’s understanding of concepts and their analytical abilities. Paper I is mostly numerical based and Paper II is more theoretical. Each paper is allocated 250 marks. Paper I is asked in two sections.
Both sections have four questions. Question 1 from section 1 and Question 5 from section 2 are compulsory. Out of the remaining 6 questions, candidates are allowed to choose their questions. Here, Candidates have to apply their strategy by picking the most mark-fetching questions where they feel they can write the best answer. Here is the exam pattern for Commerce & Accountancy optional UPSC:
| UPSC Commerce and Accountancy Optional Exam Pattern | |
| Particular | Details |
| Total Papers | Two, Paper I and Paper II |
| Total Marks | 500 (250 Each) |
| Time allowed | 3 Hours for each paper |
| Sections | Section A and Section B |
| Questions | Total 8 questions with subparts |
| Compulsory Question | Question No. 1 and 5 |
| Marks Distribution | 10, 15, and 20 marker questions |
The Commerce & Accountancy optional syllabus for UPSC is structured to test candidates’ understanding of fundamental concepts and their ability to apply them in real-world scenarios. The syllabus covers a wide range of topics spanning various aspects of commerce, finance, and accounting. Here we will analyse the syllabus of Paper 1 and Paper 2 respectively.
UPSC Commerce and Accountancy Optional Paper 1 syllabus is mentioned below.
| Accounting, Taxation & Auditing | |
| 1. Financing Accounting : |
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| 2. Cost Accounting : |
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| 3. Taxation |
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| 4. Auditing : |
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Financial Management, Financial Institutions and Markets |
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| 1. Financial Management : and Charitable |
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| 2. Financial Markets and Institutions : |
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UPSC Commerce and Accountancy Optional Paper 2 syllabus is mentioned below.
| Organisation Theory and Behaviour | |
| 1. Organisation Theory |
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| 2. Organisation Behaviour |
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| Human Resources Management and Industrial Relations | |
| 1. Human Resources Management (HRM) |
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| 2. Industrial Relations (IR) |
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Understanding the pattern and types of questions asked in the UPSC Commerce & Accountancy optional paper is crucial for effective preparation. The question paper typically consists of a mix of theoretical and application-based questions, aiming to assess candidates’ conceptual clarity and analytical skills. Aspirants can expect questions ranging from accounting principles to economic theories and their practical implications in business and governance.
Previous year questions serve as invaluable resources for understanding exam patterns, identifying recurring topics, and gauging the level of difficulty. Solving PYQs helps familiarize candidates with the exam format and enhances their problem-solving skills. We’ll discuss the significance of PYQs and offer tips for incorporating them into your study routine.
| UPSC Commerce & Accountancy Optional Previous Year Question Papers | |
| Year | UPSC Commerce & Accountancy Optional Question Papers PDF Link |
| 2023 | UPSC Commerce & Accountancy Optional Question Paper 1 2023 |
| 2022 | UPSC Commerce & Accountancy Optional Question Paper 1 2022
UPSC Commerce & Accountancy Optional Question Paper 2 2022 |
| 2021 | UPSC Commerce & Accountancy Optional Question Paper 1 2021
UPSC Commerce & Accountancy Optional Question Paper 2 2021 |
| 2020 | UPSC Commerce & Accountancy Optional Question Paper 1 2020
UPSC Commerce & Accountancy Optional Question Paper 2 2020 |
| 2019 | UPSC Commerce & Accountancy Optional Question Paper 1 2019
UPSC Commerce & Accountancy Optional Question Paper 2 2019 |
Selecting the right study materials is crucial for success in Commerce and Accountancy optional exams. We’ll recommend a curated list of textbooks, reference guides, and supplementary resources tailored to the syllabus requirements. These books cover fundamental concepts, advanced topics, and practice exercises to aid comprehensive preparation.
| Paper I | Paper II |
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Commerce & Accountancy can be a favorable optional subject for UPSC for individuals with a background or interest in commerce-related fields. It offers scoring potential due to its structured syllabus and the ability to leverage existing knowledge. Candidates who enjoy topics like financial management, accounting principles, and business laws may find studying this subject both engaging and rewarding. Although almost every subject has some advantages and disadvantages, let us see the various aspects of Commerce and Accountancy optional subjects.
| Advantages | Disadvantages |
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Analyzing the strategies of previous toppers can offer valuable insights into effective preparation techniques. Studying the topper copies provides aspirants with a roadmap to success, highlighting the key areas to focus on, time management strategies, and recommended resources.
To master in the Commerce & Accountancy optional paper, aspirants need access to high-quality study materials and notes. Several resources, including textbooks, online courses, and coaching institutes, offer comprehensive study materials tailored to the UPSC syllabus. Additionally, candidates can benefit from creating their own notes, summarizing key concepts, formulas, and case studies for quick revision.
Over the span of six years, from 2013 to 2021, more than 10000 dedicated aspirants chose Commerce & Accountancy as their optional subject for the UPSC Civil Services Mains examination. The table below offers a comprehensive overview of the success rate achieved by candidates who opted for Commerce & Accountancy during this period:
| UPSC Commerce & Accountancy Optional Success Rate | |||
| Year | Number of Candidates with Commerce & Accountancy Optional | Number of Candidates Selected | Success Rate (%) |
| 2021 | 202 | 22 | 10.8% |
| 2020 | 210 | 27 | 12.90% |
| 2019 | 183 | 20 | 10.90% |
| 2018 | 186 | 27 | 14.50% |
| 2017 | 224 | 28 | 12.50% |
| 2016 | 229 | 19 | 8.30% |
| Name | Year | Marks | Rank |
| Garima Lohia | 2022 | 275 | 2 |
| Anshika Jain | 2022 | 255 | 306 |
| Shreyansh Surana | 2020 | 264 | 269 |
| Raunak Agrawal | 2019 | 301 | 13 |
| Muskan Jindal | 2019 | 262 | 87 |
Preparing for the Commerce & Accountancy optional subject for the UPSC exam requires a structured approach and diligent effort. Here’s a concise preparation strategy:
By following this preparation strategy diligently and staying focused, candidates can enhance their chances of performing well in the Commerce & Accountancy optional subject in the UPSC exam.
Choosing the right optional subject is a significant step towards achieving success in the UPSC examination. Whether opting for Commerce & Accountancy or exploring alternatives like Zoology, thorough preparation, and a deep understanding of the syllabus are essential for cracking the exam. With dedication, strategic planning, and the right resources, aspirants can confidently navigate the UPSC optional and realize their dream of serving the nation.
| Must Read | |
| NCERT Notes For UPSC | UPSC Daily Current Affairs |
| UPSC Blogs | UPSC Daily Editorials |
| Daily Current Affairs Quiz | Daily Main Answer Writing |
| UPSC Mains Previous Year Papers | UPSC Test Series 2024 |
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