The CBSE Board has decided to revise the syllabus for the elective subject Entrepreneurship for the current academic year in respect to the changing market trends. According to the report by the board, the present economic changes are being influenced by the exponential technological growth and the huge knowledge creation; hence the need to modify the curriculum was a necessary step.
As per the CBSE director of academics, training, research and innovation, Sadhana Parashar, the step became more important in order to bring the subject on par in content and thoroughness as compared to the other subjects on the basis of the competency skills.
The revised curriculum comprises new chapters which will introduce students to the market dynamics thereby encouraging them to spend greater time on the project work. The main aim of revising the syllabus 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 12.
Objectives of the revised syllabus:
• To help students acquire Entrepreneurial Spirit and be Enterprising in all walks of life.
• To make them familiar with the various uses of human resource to earn decent means of living.
• To help understand the process and concept of entrepreneurship- its role and contribution in the development and growth of both the nation and individuals.
• To help acquire entrepreneurial quality, motivation and competency.
• To help learn the process and skills for managing the entrepreneurial ventures.
Read below for the Revised Entrepreneurship Curriculum
Theory – Total Marks: 70
Unit I Entrepreneurship and Human Activities 30 marks
• Concepts, Functions and Need.
• Entrepreneurship characteristics and competency
• Relevance of Entrepreneurship to Socio-economic gain: creating wage and self-employment, generating National wealth, Micro, Small and medium enterprises, building enterprising Personality and Society, Optimizing Human and Natural resource and Solving Problems in path of prosperity.
• Process of Entrepreneurship development.
B. Entrepreneurial pursuits and Human Activities:
• Nature, purpose and pattern of Human Activities: Economic and Non-Economic, Need for innovation.
• Rationale and Relationship of Entrepreneurial pursuits and Human Activities.
Unit II Acquiring Entrepreneurial Values and Motivation 30 marks
• Entrepreneurial Values, Attitude and Motivation- Meaning and Concept.
• Developing Motivation, Self-efficacy, Creativity, Risk Taking, Leadership, Communication and Influencing Ability and Planning action.
• Barriers to Entrepreneurship.
• Help and Support to Entrepreneurship.
Unit III Introduction to Market Dynamics 10 marks
• Understanding a Market
• Competitive Analysis of the Market
• Patents, Trademarks and Copyright.
PRACTICAL 30 marks
I. Students are to make a study visit to an enterprise of their choice. Through a questionnaire the students will record the observations in terms of: background of the entrepreneur, reason to select the respective entrepreneurial career, type of enterprise, starting the enterprise, process of setting up the enterprise, products/services of the same, production process, profit/loss, investment made and the marketing practices followed, growth and development, institutions/organizations which support, problems faced and entrepreneur’s level and type of satisfaction.
II. To prepare a brief report on the basis of the observations made during the study-visit to the enterprise.