What is UGC NET Commerce Exam?
The National Eligibility Test (NET) is conducted on behalf of the University Grants Commission (UGC) to determine the eligibility of Indian nationals for Assistant Professorships, Junior Research Fellowships or both in Indian universities and colleges.
As of June 2018, CBSE has conducted NET in 84 subjects in 91 cities nationwide. After that, in December 2018, UGC-NET was conducted by the National Testing Agency (NTA).
Commerce is one of the most popular subjects among aspirants to appear for UGC online exams. NTA conducts the UGC Business Network Examination to determine the eligibility of the candidates for appointment as Assistant Professor or award of fellowship for conducting research in the field of business. Let’s know more about the UGC Net Commerce exam in the form of FAQs:
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Frequently Asked Questions?
Q: What are the eligibility criteria for the UGC Net Commerce exam?
- General/Unreserved/General-EWS Candidates – Master’s Degree with minimum 55% marks.
- OBC-NCL /SC/ST/PwD/Transgender Candidates – Minimum 50% marks in Master’s Degree.
Q: What career opportunities are after clearing the NET in Commerce exam?
- You are eligible for an Assistant Professor position.
- After qualifying as JRF, you can pursue PhD with a monthly stipend of over Rs. 30,000 p.m.
Q: When will the UGC e-commerce exam be held?
UGC-NET is conducted twice a year, usually in June and December.
Q: Can mediocre/average students appear for the UGC e-commerce exam?
With proper guidance and hard work, you can do anything you want. The essence of the exam is to test students’ analytical understanding through objective MCQ questions.
Q: What is the difference between NET and JRF exams?
Qualifying NET means you are eligible for appointment as an Assistant Professor.
Candidates eligible for JRF awards can pursue research in post-graduation disciplines or related disciplines.
Q: How long is the JRF award letter valid for?
The offer is valid for three years from today. Date of issue of JRF award letter.
Q: I am in the final year of M.Com. Can I take the UGC Net Commerce exam?
Yes, but you must complete your MSc within two years from the date of the NET result and achieve the required percentage of marks.
Q: Is there an age limit for taking this exam?
There is no upper age limit to apply for UGC-NET Assistant Professorship.
However, if you want to apply for JRF, your age should exceed 30 years at most. Candidates belonging to OBC-NCL/SC/ST/PwD/Transgender categories and female applicants can avail grace of up to 5 years.
Q: What is the deadline for UGC Net Commerce?
As a rule of thumb, for the general category, the cutoff for JRF in Commerce is 65±3% and for NET in Commerce is 58±3%. The cutoff values are slightly lower for the EWS, SC and ST categories.
Q: What is the minimum qualifying score for UGC Net Commerce?
General/EWS candidates receive 40% of the total score of the two papers.
The total score for SC, ST, OBC-NCL, PwD and third-gender candidates is 35%.
Q: How many students are eligible for the UGC Net Commerce exam?
The number of eligible candidates (total seats or Assistant Professor qualification) should equal 6% of the candidates appearing in both papers of NET.
Q: How many hours should I study to pass the UGC Net Commerce exam on my first attempt?
Ideally, studying for 6-8 hours daily for 3-4 months is enough to prepare for the UGC Net exam.
Q: What level of knowledge is required to pass the Business UGC Net exam?
Conceptual clarity and the ability to analytically apply concepts to questions asked in the exam.
Additionally, it would help to remember specific facts such as who proposed which theory and which section is related to the content and number of members of major international organizations such as the International Monetary Fund, WTO, etc.
Q: Are the questions in the UGC e-commerce exam optional?
No, all questions are required.
Q: Are there any negative marks for the UGC Net Commerce exam?
The good thing about this exam is that there are no negative points for wrong answers. So, you can make all the guesswork you want.
Q: I am a housewife. Can I pass the UGC Net Business Exam?
Right. If you can manage your home, you can also manage your test preparation.
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Frequently Asked Questions
Yes, after clearing NET or JRF, candidates can become assistant professors. The primary difference is that JRF holders receive a monetary scholarship, whereas those qualifying for lectureship alone do not. Both qualifications enable teaching positions in colleges and universities.
Qualifying for CSIR NET JRF offers significant benefits, including a fellowship of ₹31,000 per month for the first two years, followed by ₹35,000 per month for the next three years. It also provides the opportunity to pursue a PhD and advance in research fields.
After cracking CSIR NET, candidates can pursue PhD programs in their chosen science fields, such as Physics, Mathematics, or Chemistry. A good rank in CSIR NET enhances doctoral or post-doctoral research opportunities, leading to expertise and advancement in their academic careers.