Commerce Option: Jr monga financial accounting pdf Opt or not to opt? This is a guest post by Mr. 272 marks in Commerce optional, and secured 474th rank in his 1st Attempt in CSE-2013. There are about 150 marks worth numerical, which can fetch very good marks.
Besides, large portion of the syllabus is static in nature. The biggest hurdle is that commerce requires vast reading and then integration from different sources, for a comprehensive coverage in paper 1 and 2. Since UPSC numericals are very unpredictable, it requires high level of competence. In this scenario, there is no harm in taking coaching if you’re uncomfortable.
For example, I did join coaching for Paper-II, since the basics are taught in class and regular test provide a check. IPCC material, instead of putting time in different standard books. You can also rely on coaching class, but only after prudently analyzing past year questions. Mittal plus theoretical part from either book itself or some compilation like CA PCC scanner. OR Material of CA PCC can be referred.
Emphasis should be given on theory equally. One can go in depth initially and mark important adjustments and later on focus on basics itself. Overall questions are of graduation level only. Auditing : CA PCC notes for relevant topics or Aruna Jha or Compilation from RC. Financial Management : RP Rastogi OR CA PCC notes plus relevant topics from CA Final can also be seen. FM has been the most wicked portion for past few years but don’t try to control this part as question have wide range. Financial Markets and Institution :Relevant Chapters from Indian Financial system by Bharati V Pathak or any other book and newspaper cuttings provided by RC.
I did not prepare this section in detail, since it is highly unpredictable and I suggest not to waste much time in it. For paper 1, exam day revision is impossible and therefore make chaperwise notes of important formulae and adjustment which are tricky especially for Acct,FM and Cost. For tax,one can go in slight details also. You’ve to smartly avoid them in Choice and for compulsory questions don’t beat around the bush if you don’t know the answer. Even if 25-40 marks questions are unanswered, still you can achieve 140 easily. Try to attempt more numerials than theory. Paper was highly unpredictable and high level of difficulty was there with average score being 100 only for many candidates.