Syllabus: Entrepreneurship for Class 11 | Entrepreneurship Class 11 - Commerce PDF Download

 Page 1


2 
 
COURSE STRUCTURE 
CLASS–XI (2023-24) 
Theory Paper 
Time: 3 hours         Maximum marks: 70  
 
S. No. Unit No. of 
Periods 
Marks 
 
 
Unit 1 Entrepreneurship: Concept and Functions  15 15 
Unit 2 An Entrepreneur 25 
Unit 3 Entrepreneurial Journey 30  
20 
Unit 4 Entrepreneurship as Innovation and 
Problem Solving 
30 
Unit 5 Understanding the Market 40 15 
Unit 6 Business Finance and Arithmetic 30  
20 Unit 7 Resource Mobilization 30 
 PROJECT WORK 40 30 
 Total 240 100 
Page 2


2 
 
COURSE STRUCTURE 
CLASS–XI (2023-24) 
Theory Paper 
Time: 3 hours         Maximum marks: 70  
 
S. No. Unit No. of 
Periods 
Marks 
 
 
Unit 1 Entrepreneurship: Concept and Functions  15 15 
Unit 2 An Entrepreneur 25 
Unit 3 Entrepreneurial Journey 30  
20 
Unit 4 Entrepreneurship as Innovation and 
Problem Solving 
30 
Unit 5 Understanding the Market 40 15 
Unit 6 Business Finance and Arithmetic 30  
20 Unit 7 Resource Mobilization 30 
 PROJECT WORK 40 30 
 Total 240 100 
3 
 
COURSE CONTENT 
 
Unit 1: Entrepreneurship: Concept and Functions  15  Periods 
Competencies- Vision, Decision making, Logical, Critical and Analytical Thinking, 
Managing Skills 
Contents Learning Outcomes 
? Entrepreneurship – Concept, 
Functions and Need 
? Why Entrepreneurship for You 
? Myths about Entrepreneurship 
? Advantage and Limitations of 
Entrepreneurship 
? Process of Entrepreneurship 
? Entrepreneurship – The Indian 
Scenario 
After going through this unit, the student/ 
learner would be able to: 
? Understand the concept of 
Entrepreneurship 
? Explain the functions of an 
Entrepreneur 
? Appreciate the need for 
Entrepreneurship in our economy 
? Assess how entrepreneurship can 
help shape one’s career 
? State the myths, advantages and 
limitations of Entrepreneurship 
? Discuss the steps in the process of 
Entrepreneurship 
? Describe the current scenario of 
Entrepreneurial activity in India 
Unit 2: An Entrepreneur                                                                                 25 Periods 
Competencies: Need Achievement, Motivation, Ethics, opportunity seeking, Passion, 
Independence 
Contents Learning Outcomes 
? Why be an Entrepreneur 
? Types of Entrepreneurs 
? Competencies and characteristics 
? Entrepreneurial Values, Attitudes and 
Motivation 
? Intrapreneur: Meaning and Importance  
After going through this unit, the student/ 
learner would be able to: 
? Understand the motivation to become an 
entrepreneur 
? Differentiate between various types of 
entrepreneurs 
? Explain the competencies of an 
Entrepreneur 
? Appreciate the importance of Ethical 
Entrepreneurship 
? Appreciate the difference between 
Entrepreneur and Intrapreneur 
Page 3


2 
 
COURSE STRUCTURE 
CLASS–XI (2023-24) 
Theory Paper 
Time: 3 hours         Maximum marks: 70  
 
S. No. Unit No. of 
Periods 
Marks 
 
 
Unit 1 Entrepreneurship: Concept and Functions  15 15 
Unit 2 An Entrepreneur 25 
Unit 3 Entrepreneurial Journey 30  
20 
Unit 4 Entrepreneurship as Innovation and 
Problem Solving 
30 
Unit 5 Understanding the Market 40 15 
Unit 6 Business Finance and Arithmetic 30  
20 Unit 7 Resource Mobilization 30 
 PROJECT WORK 40 30 
 Total 240 100 
3 
 
COURSE CONTENT 
 
Unit 1: Entrepreneurship: Concept and Functions  15  Periods 
Competencies- Vision, Decision making, Logical, Critical and Analytical Thinking, 
Managing Skills 
Contents Learning Outcomes 
? Entrepreneurship – Concept, 
Functions and Need 
? Why Entrepreneurship for You 
? Myths about Entrepreneurship 
? Advantage and Limitations of 
Entrepreneurship 
? Process of Entrepreneurship 
? Entrepreneurship – The Indian 
Scenario 
After going through this unit, the student/ 
learner would be able to: 
? Understand the concept of 
Entrepreneurship 
? Explain the functions of an 
Entrepreneur 
? Appreciate the need for 
Entrepreneurship in our economy 
? Assess how entrepreneurship can 
help shape one’s career 
? State the myths, advantages and 
limitations of Entrepreneurship 
? Discuss the steps in the process of 
Entrepreneurship 
? Describe the current scenario of 
Entrepreneurial activity in India 
Unit 2: An Entrepreneur                                                                                 25 Periods 
Competencies: Need Achievement, Motivation, Ethics, opportunity seeking, Passion, 
Independence 
Contents Learning Outcomes 
? Why be an Entrepreneur 
? Types of Entrepreneurs 
? Competencies and characteristics 
? Entrepreneurial Values, Attitudes and 
Motivation 
? Intrapreneur: Meaning and Importance  
After going through this unit, the student/ 
learner would be able to: 
? Understand the motivation to become an 
entrepreneur 
? Differentiate between various types of 
entrepreneurs 
? Explain the competencies of an 
Entrepreneur 
? Appreciate the importance of Ethical 
Entrepreneurship 
? Appreciate the difference between 
Entrepreneur and Intrapreneur 
4 
 
Unit 3: Entrepreneurship Journey                                                                       30 Periods 
Competencies: 
Scanning the environment; Information seeking; creativity; Innovativeness; 
divergent thinking; Perseverance 
Contents Learning Outcomes 
? Idea generation. 
? Feasibility Study and opportunity 
assessment 
? Business Plan: meaning, purpose and 
elements 
? Execution of Business Plan 
 
After going through this unit, the student/ 
learner would be able to: 
? Understand ways of idea generation. 
? Discuss the concept of types of feasibility 
study 
? Draft a basic business plan  
? Understand the reasons for success and 
failure of business plan 
Unit 4: Entrepreneurship as Innovation and Problem Solving                         30 Periods 
Competencies: Risk taking; Determination; Initiative; problem solving ability; 
Adaptability to changing technologies  
Contents Learning Outcomes 
? Entrepreneurs as problem solvers 
? Innovations and Entrepreneurial 
Ventures – Global and Indian 
? Role of Technology – E-commerce and 
Social Media 
? Social Entrepreneurship - Concept 
 
After going through this unit, the student/ 
learner would be able to: 
? Understand the role of entrepreneurs as 
problem solvers 
? Appreciate the role of global and Indian 
innovations in entrepreneurial ventures 
? Understand the use of technology and 
digitization for new businesses. 
? Discuss the concept of social 
entrepreneurship 
Page 4


2 
 
COURSE STRUCTURE 
CLASS–XI (2023-24) 
Theory Paper 
Time: 3 hours         Maximum marks: 70  
 
S. No. Unit No. of 
Periods 
Marks 
 
 
Unit 1 Entrepreneurship: Concept and Functions  15 15 
Unit 2 An Entrepreneur 25 
Unit 3 Entrepreneurial Journey 30  
20 
Unit 4 Entrepreneurship as Innovation and 
Problem Solving 
30 
Unit 5 Understanding the Market 40 15 
Unit 6 Business Finance and Arithmetic 30  
20 Unit 7 Resource Mobilization 30 
 PROJECT WORK 40 30 
 Total 240 100 
3 
 
COURSE CONTENT 
 
Unit 1: Entrepreneurship: Concept and Functions  15  Periods 
Competencies- Vision, Decision making, Logical, Critical and Analytical Thinking, 
Managing Skills 
Contents Learning Outcomes 
? Entrepreneurship – Concept, 
Functions and Need 
? Why Entrepreneurship for You 
? Myths about Entrepreneurship 
? Advantage and Limitations of 
Entrepreneurship 
? Process of Entrepreneurship 
? Entrepreneurship – The Indian 
Scenario 
After going through this unit, the student/ 
learner would be able to: 
? Understand the concept of 
Entrepreneurship 
? Explain the functions of an 
Entrepreneur 
? Appreciate the need for 
Entrepreneurship in our economy 
? Assess how entrepreneurship can 
help shape one’s career 
? State the myths, advantages and 
limitations of Entrepreneurship 
? Discuss the steps in the process of 
Entrepreneurship 
? Describe the current scenario of 
Entrepreneurial activity in India 
Unit 2: An Entrepreneur                                                                                 25 Periods 
Competencies: Need Achievement, Motivation, Ethics, opportunity seeking, Passion, 
Independence 
Contents Learning Outcomes 
? Why be an Entrepreneur 
? Types of Entrepreneurs 
? Competencies and characteristics 
? Entrepreneurial Values, Attitudes and 
Motivation 
? Intrapreneur: Meaning and Importance  
After going through this unit, the student/ 
learner would be able to: 
? Understand the motivation to become an 
entrepreneur 
? Differentiate between various types of 
entrepreneurs 
? Explain the competencies of an 
Entrepreneur 
? Appreciate the importance of Ethical 
Entrepreneurship 
? Appreciate the difference between 
Entrepreneur and Intrapreneur 
4 
 
Unit 3: Entrepreneurship Journey                                                                       30 Periods 
Competencies: 
Scanning the environment; Information seeking; creativity; Innovativeness; 
divergent thinking; Perseverance 
Contents Learning Outcomes 
? Idea generation. 
? Feasibility Study and opportunity 
assessment 
? Business Plan: meaning, purpose and 
elements 
? Execution of Business Plan 
 
After going through this unit, the student/ 
learner would be able to: 
? Understand ways of idea generation. 
? Discuss the concept of types of feasibility 
study 
? Draft a basic business plan  
? Understand the reasons for success and 
failure of business plan 
Unit 4: Entrepreneurship as Innovation and Problem Solving                         30 Periods 
Competencies: Risk taking; Determination; Initiative; problem solving ability; 
Adaptability to changing technologies  
Contents Learning Outcomes 
? Entrepreneurs as problem solvers 
? Innovations and Entrepreneurial 
Ventures – Global and Indian 
? Role of Technology – E-commerce and 
Social Media 
? Social Entrepreneurship - Concept 
 
After going through this unit, the student/ 
learner would be able to: 
? Understand the role of entrepreneurs as 
problem solvers 
? Appreciate the role of global and Indian 
innovations in entrepreneurial ventures 
? Understand the use of technology and 
digitization for new businesses. 
? Discuss the concept of social 
entrepreneurship 
5 
 
Unit 5: Understanding the Market                                                                       40 Periods 
Competencies: Task oriented, Opportunity seeking, resourcefulness, organizational 
skills, Analytical and logical reasoning 
Contents Learning Outcomes 
? Market: Concept, Types 
? Micro and Macro Market Environment 
? Market Research - Concept, 
Importance and Process 
? Marketing Mix 
After going through this unit, the student/ 
learner would be able to: 
? Scan the market environment 
? Learn how to conduct market research 
? Understand the elements of marketing 
mix 
Unit 6: Business Finance and Arithmetic                                                      30 Periods 
Competencies:  Arithmetic skills, critical analysis, decision making, self-confidence, 
problem solving 
Contents Learning Outcomes 
? Unit of Sale, Unit Price and Unit Cost - for 
single product or service 
? Types of Costs - Start up, Variable and 
Fixed 
? Break Even Analysis - for single 
product or service  
After going through this unit, the student/ 
learner would be able to: 
? Discuss - Unit Cost, Unit of Sale, Unit 
Price of a product or service 
? Understand the components of COST  - 
Start-up and operational costs 
? Calculate break even of single product 
and service 
Page 5


2 
 
COURSE STRUCTURE 
CLASS–XI (2023-24) 
Theory Paper 
Time: 3 hours         Maximum marks: 70  
 
S. No. Unit No. of 
Periods 
Marks 
 
 
Unit 1 Entrepreneurship: Concept and Functions  15 15 
Unit 2 An Entrepreneur 25 
Unit 3 Entrepreneurial Journey 30  
20 
Unit 4 Entrepreneurship as Innovation and 
Problem Solving 
30 
Unit 5 Understanding the Market 40 15 
Unit 6 Business Finance and Arithmetic 30  
20 Unit 7 Resource Mobilization 30 
 PROJECT WORK 40 30 
 Total 240 100 
3 
 
COURSE CONTENT 
 
Unit 1: Entrepreneurship: Concept and Functions  15  Periods 
Competencies- Vision, Decision making, Logical, Critical and Analytical Thinking, 
Managing Skills 
Contents Learning Outcomes 
? Entrepreneurship – Concept, 
Functions and Need 
? Why Entrepreneurship for You 
? Myths about Entrepreneurship 
? Advantage and Limitations of 
Entrepreneurship 
? Process of Entrepreneurship 
? Entrepreneurship – The Indian 
Scenario 
After going through this unit, the student/ 
learner would be able to: 
? Understand the concept of 
Entrepreneurship 
? Explain the functions of an 
Entrepreneur 
? Appreciate the need for 
Entrepreneurship in our economy 
? Assess how entrepreneurship can 
help shape one’s career 
? State the myths, advantages and 
limitations of Entrepreneurship 
? Discuss the steps in the process of 
Entrepreneurship 
? Describe the current scenario of 
Entrepreneurial activity in India 
Unit 2: An Entrepreneur                                                                                 25 Periods 
Competencies: Need Achievement, Motivation, Ethics, opportunity seeking, Passion, 
Independence 
Contents Learning Outcomes 
? Why be an Entrepreneur 
? Types of Entrepreneurs 
? Competencies and characteristics 
? Entrepreneurial Values, Attitudes and 
Motivation 
? Intrapreneur: Meaning and Importance  
After going through this unit, the student/ 
learner would be able to: 
? Understand the motivation to become an 
entrepreneur 
? Differentiate between various types of 
entrepreneurs 
? Explain the competencies of an 
Entrepreneur 
? Appreciate the importance of Ethical 
Entrepreneurship 
? Appreciate the difference between 
Entrepreneur and Intrapreneur 
4 
 
Unit 3: Entrepreneurship Journey                                                                       30 Periods 
Competencies: 
Scanning the environment; Information seeking; creativity; Innovativeness; 
divergent thinking; Perseverance 
Contents Learning Outcomes 
? Idea generation. 
? Feasibility Study and opportunity 
assessment 
? Business Plan: meaning, purpose and 
elements 
? Execution of Business Plan 
 
After going through this unit, the student/ 
learner would be able to: 
? Understand ways of idea generation. 
? Discuss the concept of types of feasibility 
study 
? Draft a basic business plan  
? Understand the reasons for success and 
failure of business plan 
Unit 4: Entrepreneurship as Innovation and Problem Solving                         30 Periods 
Competencies: Risk taking; Determination; Initiative; problem solving ability; 
Adaptability to changing technologies  
Contents Learning Outcomes 
? Entrepreneurs as problem solvers 
? Innovations and Entrepreneurial 
Ventures – Global and Indian 
? Role of Technology – E-commerce and 
Social Media 
? Social Entrepreneurship - Concept 
 
After going through this unit, the student/ 
learner would be able to: 
? Understand the role of entrepreneurs as 
problem solvers 
? Appreciate the role of global and Indian 
innovations in entrepreneurial ventures 
? Understand the use of technology and 
digitization for new businesses. 
? Discuss the concept of social 
entrepreneurship 
5 
 
Unit 5: Understanding the Market                                                                       40 Periods 
Competencies: Task oriented, Opportunity seeking, resourcefulness, organizational 
skills, Analytical and logical reasoning 
Contents Learning Outcomes 
? Market: Concept, Types 
? Micro and Macro Market Environment 
? Market Research - Concept, 
Importance and Process 
? Marketing Mix 
After going through this unit, the student/ 
learner would be able to: 
? Scan the market environment 
? Learn how to conduct market research 
? Understand the elements of marketing 
mix 
Unit 6: Business Finance and Arithmetic                                                      30 Periods 
Competencies:  Arithmetic skills, critical analysis, decision making, self-confidence, 
problem solving 
Contents Learning Outcomes 
? Unit of Sale, Unit Price and Unit Cost - for 
single product or service 
? Types of Costs - Start up, Variable and 
Fixed 
? Break Even Analysis - for single 
product or service  
After going through this unit, the student/ 
learner would be able to: 
? Discuss - Unit Cost, Unit of Sale, Unit 
Price of a product or service 
? Understand the components of COST  - 
Start-up and operational costs 
? Calculate break even of single product 
and service 
6 
 
Unit 7: Resource Mobilization                                                                            30 Periods 
Competencies: Resourcefulness; Collaboration; Managing Risk; Organizational Skills;   
Informed Decision Making 
Contents Learning Outcomes 
? Types of Resources – Physical, Human, 
Financial and Intangible. 
? Selection and utilization of human 
resources and professionals like 
Accountants, Lawyers, Auditors, Board 
Members, etc. 
 
 
After going through this unit, the student/ 
learner would be able to: 
? Identify the different types of resource 
tools – Physical and material, Human, 
Financial, Intangibles