JAMB Syllabus for Commerce 2024/2025

Preparing for the UTME examination requires a strategic approach, and one of the best ways to excel is by studying the JAMB Commerce syllabus.

This syllabus provides a clear outline of the topics you need to cover and the objectives you must understand for each topic.

List of Topics Covered in JAMB Syllabus for Commerce 2024/2025

In this blog post, we will provide you with a simplified version of the JAMB Commerce syllabus, highlighting the key topics and objectives to help you study effectively and achieve a high score in your examination.

  1. Business Environment and Social Responsibility

Objective

  • Discuss the types of business environments.
  • Assess the role of the social environment in the provision of safe products.
  • Identify different types of pollution and their implications on businesses.

Topics Covered

  • Legal, political, economic, social, cultural, technological environments, etc.
  • Safe products, philanthropic and societal considerations.
  • Types and implications of pollution (water, air, land, etc.).

  1. Business Units

Objectives

  • Identify the forms and features of business units.
  • Analyze the procedures for registering businesses.
  • Appraise the different forms of business mergers and the reasons for merging.
  • Examine the factors that determine the choice of business units.
  • Differentiate between dissolution and liquidation of a business.
  • State the merits and demerits of business units.

Topics Covered

  • Forms and features (Sole Proprietorship, Partnership, Limited Liability Companies, Public Corporations, Cooperative Societies, etc.).
  • Registration of businesses.
  • Business mergers.
  • Determination of choice of business units.
  • Dissolution and liquidation.
  • Merits and demerits.

  1. Commerce

Objectives

  • Differentiate between commerce and other related subjects.
  • Describe the characteristics of commerce.
  • Identify the functions of commerce.

Topics Covered

  • Meaning and scope.
  • Characteristics.
  • Functions.

  1. Elements of Business Management

Objective

  • Appraise the functions of management.
  • Analyze the principles of management.
  • Identify organizational structures.
  • Assess the functional areas of business.
  • Examine business resources.

Topics Covered

  • Functions (planning, organizing, staffing, coordinating, motivating, communicating, controlling, etc.).
  • Principles (span of control, unity of command, delegation of authority, etc.).
  • Organizational structure (line, line and staff, functional, matrix, and committee).
  • Functional areas of business (production, marketing, finance, and personnel).
  • Business resources (man, money, materials, machines, and opportunities/goodwill).

  1. Elements of Marketing

Objectives

  • Highlight the importance and functions of marketing.
  • Discuss the marketing concept.
  • Assess the elements of the marketing mix.
  • Explain market segmentation.
  • Examine public relations and customer service.

Topics Covered

  • Importance and functions.
  • The marketing concept (consumer orientation, customer satisfaction, integrated marketing, etc.).
  • Marketing mix (product, price, place, and promotion).
  • Market segmentation.
  • Public relations and customer service.

  1. Financing Business

Objectives

  • Identify the various ways of financing a business.
  • Discuss the different types of capital.
  • Compute different forms of capital, profits, and turnover.
  • Appraise the problems associated with sourcing finances for the business.
  • Assess the role of bureaux de change in an economy.

Topics Covered

  • Sources of finance (personal savings, sale of shares and bonds, loans, debentures, mortgage, bank overdraft, ploughing back of profit, credit purchase, leasing, etc.).
  • Types of capital (share capital, authorized capital, issued capital, working capital, etc.).
  • Calculation of forms of capital, profits, and turnover.
  • Problems of sourcing finance.
  • The role of bureaux de change in an economy.

  1. Information and Communication

Objectives

  • Discuss computer appreciation and application.
  • Enumerate the types and functions of computers.
  • Analyze the merits and demerits of ICT.
  • Appraise the challenges of using the computer.
  • Identify different terms used in ICT.
  • Evaluate the trends in ICT.

Topics Covered

  • Computer appreciation and application.
  • Types and functions of computers.
  • Merits and demerits of ICT.
  • Challenges of using the computer.
  • Terms in ICT (Internet, Intranet, browsing, password, e-mail, etc.).
  • Trends in ICT.

  1. Legal Aspects of Business

Objectives

  • Analyze the elements and validity of a simple contract.
  • Examine Agency, Sale of Goods Act, and Hire Purchase Act.
  • Assess the rights and obligations of employers and employees.
  • Distinguish between patents, trademarks, and copyrights.
  • Identify the functions of consumerism.

Topics Covered

  • Meaning and validity of a simple contract.
  • Agency, Sale of Goods Act, and Hire Purchase Act.
  • Contract of employment.
  • Government regulations of business (registration of business, patents, trademarks, copyrights, etc.).
  • Consumer protection (Government legislation, regulatory agencies, etc.).

  1. Money

Objectives

  • Discuss the origin of money.
  • Analyze the forms and qualities of money.
  • Appraise the functions of money.

Topics Covered

  • Evolution of money.
  • Forms and qualities of money.
  • Functions of money.

  1. Occupation

Objective:

  • State the importance of occupation.
  • Compare different types of occupation.
  • Identify the factors determining the choice of occupation.

Topics Covered

  • Meaning and importance of occupation.
  • Types of occupation (industrial, commercial, and services).
  • Factors determining the choice of occupation.

  1. Production

Objective:

  • Identify the factors of production and their rewards.
  • Distinguish between the division of labor and specialization.
  • Classify the types of production.

Topics Covered

  • Factors, characteristics, and rewards of production (land, labor, capital, and entrepreneur).
  • Division of labor and specialization.
  • Types of production (primary, secondary, and tertiary).

  1. Purchase and Sale of Goods

Objectives:

  • Examine the procedures and documents used in the purchase and sale of goods.
  • Determine the terms of trade.
  • Distinguish between cash and credit forms of payment.
  • Identify the types of credit.
  • Analyze the merits and demerits of credit transactions.

Topics Covered

  • Procedure and documentation in the purchase and sale of goods.
  • Terms of trade.
  • Terms of payments (cash and credit).
  • Types of credit.
  • Merits and demerits of credit transactions.

FAQs

What topics are covered in the JAMB Syllabus for Commerce 2024/2025?

The JAMB Syllabus for Commerce 2024/2025 covers a wide range of topics that test a candidate’s understanding of key business concepts. These topics include:

  • Business environment
  • Business units
  • Trade and aids to trade
  • Insurance
  • Consumer protection
  • Financial institutions
  • Business law
  • Entrepreneurship
  • Production and marketing
  • Management and organizational structure

How can I access the JAMB Syllabus for Commerce 2024/2025?

You can access the JAMB Syllabus for Commerce 2024/2025 by visiting the official JAMB website at www.jamb.gov.ng or by downloading it from JAMB’s e-facility portal. You may also find the syllabus in JAMB-approved textbooks and study guides that outline the key topics and subtopics for each section of the exam.

Why is the JAMB Syllabus for Commerce important for exam preparation?

The JAMB Syllabus for Commerce is crucial for exam preparation because it provides a clear outline of the topics that will be covered in the exam. By following the syllabus, candidates can focus their study efforts on relevant areas, practice with past questions, and increase their chances of scoring high in the exam. It serves as a roadmap to guide students in knowing what to expect in the test

Conclusion

Studying the JAMB Commerce syllabus and understanding the objectives for each topic is vital for success in the UTME examination.

This blog post has provided a simplified version of the syllabus, covering the key topics and objectives.

Remember to use the recommended textbooks mentioned in the syllabus for comprehensive study.

By following this syllabus and dedicating sufficient time to each topic, you will be well-prepared and increase your chances of achieving a high score in your JAMB Commerce examination.

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