Strategy To Prepare Commerce And Accountancy Optional – For IAS Mains Examination.

Commerce as an optional is very technical in nature and hence a sufficient number of candidates are opting for this optional. It is a good scoring optional and provides an advantage to commerce graduates as the undergraduate and professional studies are utilized in both paper 1 & 2.Continue Reading Strategy To Prepare Commerce And Accountancy Optional – For IAS Mains Examination.

Also, the fact that commerce and accountancy are your parent subjects; it makes the preparation a whole lot easier. A large portion of commerce syllabus is static in nature. Commerce is indeed a lengthy optional in terms of preparation time and revision.

Pros & Cons of Commerce as an Optional Subject

Pros and Cons are part and parcel of every subject, but still,

• Commerce is a good subject as an optional if one has a sound knowledge of what subject demands and a strong foundation comes in handy.
• Commerce is an interesting subject and also gives an aspirant, an opportunity to have an idea about various financial aspects.

However, it is a fact that an optional should be chosen by an aspirant only if he/she finds it interesting and something which can be handled until the wee end.

Cons of Commerce as optionals

The biggest hurdle an aspirant faces in this optional is that it requires intensive and vast reading and integration from different sources. This eventually leads to comprehensive coverage in paper 1 and paper 2. But there is no denial in the fact that it requires a high level of competence since the UPSC numericals are very unpredictable.

Step 1: Know UPSC Commerce & Accountancy syllabus

In the previous article, we’ve provided UPSC Mains Commerce & Accountancy Syllabus. 

Step 2: Select Best Reference Books for UPSC Commerce & Accountancy

To prepare UPSC Commerce & Accountancy Optional Subject, UPSC aspirants should prepare some reference books. We’ve already provided UPSC Reference Books for All optional papers. You can check our best-recommended books for the IAS exam at the given link below. The suggested books are included in optional and language Subjects.

Recommended books for Commerce & Accountancy:

• Indian Financial System by M.Y. Khan
• Financial Management; Text & Problems by Khan & Jain
• Corporate Accounting by Naseem Ahmed
• Practical Approach to Income Tax, Service Tax, VAT and Wealth Tax: Problems & Solutions By Gupta & Ahuja
• An Introduction to Business Organisation & Management by B.P. Singh and T.N. Chhabra
• Human Resource Management: Text and Cases
• Industrial Relations, Trade Unions and Labour Legislation by P.R.N Sinha

Step 3: Prepare a Study Plan

The study plan is very important for every exam preparation. It plays a key role in the success of getting a good score in the UPSC exam.  Prepare a study plan for the UPSC exam. Make a monthly plan, weekly plan and daily schedule to prepare UPSC Commerce & Accountancy, Optional Paper. Allot the time for exam preparation and set the time for playing, eating, watching TV, and studying.

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