August 3, 2013, 12:00 am
The Central Board of Secondary Education (CBSE) has revised its entrepreneurship syllabus for class XI of the commerce stream to acquaint students with the market dynamics. This has been done keeping in mind the changing market trends.
The revised curriculum contains new chapters which will introduce students to the market dynamics thereby encouraging them to spend greater time on the project work. The main aim is to provide more case studies, background information, activities and templates to help students get a better grip on the concepts to be introduced in class XII.
"In the current climate of economic changes, influenced by explosive knowledge creation and exponential technology growth, the need to modify and infuse changes is a necessary step in the upgradation and updation of the existing entrepreneurship curriculum. It is even more required so as to bring it at par with the other competency skills based academic disciplines in rigour and content," says a letter from CBSE to school principals.
The Board believes that this would help students acquire entrepreneurial spirit and be enterprising in all walks of life, besides helping them earn a decent living. It would also help enhance their motivation and competency, besides helping them learn the process and skills needed to manage entrepreneurial ventures.
Therefore, CBSE has revised the ’Entrepreneurship’ elective of class XI, for the session 2013-14. The revised book for class XII will be available in March 2014.
As per the revised scheme, 10 marks are dedicated to understanding of the market, competitive analysis of the market and patents, trademarks and copyright.
Also, 30 marks would be dedicated to practical in which students will visit an enterprise and understand the process of its setting up, production process, profit/loss, investments made and the marketing practices followed, growth and development and problems faced.