Entrepreneurship Class 11 Syllabus

The syllabus is divided into 7 units and Project Work. The units are: (i) Entrepreneurship, What, Why and How, (ii) An Entrepreneur, (iii) Entrepreneurial Journey, (iv) Entrepreneurship as Innovation and Problem Solving, (v) Understanding the Market, (vi) Business Arithmetic, and (vii) Resource Mobilization.

Exam Structure

S.No.  Unit Marks 
Entrepreneurship, What, Why and How 15  
An Entrepreneur
Entrepreneurial Journey 20  
4 Entrepreneurship as Innovation and Problem Solving
5 Understanding the Market 15 
6 Business Arithmetic 20  
7 Resource Mobilization
  Project Work  30 
  Total 100

Unit 1: Entrepreneurship: What, Why and How

  • Entrepreneurship- Concept, Functions, Need and Importance.
  • Myths about Entrepreneurship
  • Pros and Cons of Entrepreneurship
  • Process of Entrepreneurship.

Unit 2: An Entrepreneur

  • Types of Entrepreneurs
  • Competencies and Characteristics; Ethical Entrepreneurship.
  • Entrepreneurial Value: Values, Attitudes and Motivation.
  • Mindset of an Employee and an Entrepreneur- Difference
  • Intrapreneur: Importance in Any Organization.

Unit 3: Entrepreneurship Journey

  • Self Assessment of Qualities, Skills, Resources and Dreams.
  • Generation of Ideas.
  • Feasibility Study
  • Opportunity Assessment
  • Business Plan Preparation
  • Execution of Business Plan
  • Role of Society and Family in the growth of an entrepreneur.
  • Challenges faced by women in Entrepreneurship.

Unit 4: Entrepreneurship as Innovation and Problem Solving

  • Entrepreneurs- as problem solvers.
  • Innovations and Entrepreneurial Ventures.
  • Social Entrepreneurship-Concept and Importance
  • Risk taking-Concept; types of business risks.
  • The role of technology/ social media in creating new forms of firms, organizations, networks and cooperative clusters.
  • Barriers to Entrepreneurship.
  • Support structure for promoting entrepreneurship (various government schemes).

Unit 5: Understanding the Market

  • Market- Traditional and E-commerce- Concept and Role
  • Types of Business: Manufacturing, Trading and Services.
  • Market Forces: Sellers, consumers and competitors.
  • Expanding Markets: Local to global, Strategies needed.
  • Marketing Mix: Concept and Elements.
  • Pricing and Factors affecting pricing.
  • Market Survey: Concept, Importance and Process.

Unit 6: Business Arithmetic

  • Simplified Cash Register and Record Keeping
  • Unit of Sale, Unit Price and Unit Cost - for single product or service
  • Types of Costs - Start up, Variable and Fixed
  • Income Statement
  • Cashflow Projections
  • Break Even Analysis - for single product or service
  • Taxes

Unit 7: Resource Mobilization

  • Types of Resources - Human, Capital and other Resources
  • Selection and utilization of human resources and professionals like Accountants, Lawyers, Auditors, Board Members, etc.
  • Role and Importance of a Mentor
  • Estimating Financial Resources required.
  • Methods of meeting the financial requirements.
  • Size and capital based classification of business enterprises.
  • Various sources of Information

Project Work (Any Three)

  1. Visit and report of DIC
  2. Case Study
  3. Field Visit
  4. Learn to earn
  5. Know thy state handicraft