About Results and Exemption

When Declared? What Information is Available? How to Get it?

The main examinations are conducted twice every year generally on specified dates which do not change except under extraordinary circumstances. The results of these examinations are generally scheduled to be declared as follows:

The results are expected to be declared within 60 to 75 days (2 to 2 ½ months) from the examination date.
Tentatively they may be declared on

• Results of June Examination: — On 25^th August
• Results of December Examination: — On 25^th February

Information Available – How to get it?

The results would be hosted on the Institute’s | CS ] web sites and would also be displayed at the offices of the institute, its branches, chapters, and also the offices relevant to the examination center where you have appeared for the examination.

Main/Final Examination : Qualifying Marks - Pass Marks in each module Separately

A student has to get a minimum of 40 marks in each paper (not subject) and an aggregate of 50% in all the papers of a module together to qualify in the module.

Passing all the four modules together

A student is said to have passed all the four modules together if he secures "a minimum of 40 marks in each paper and an aggregate of 50% in all the papers of four modules put together"

Passing only one module

A student is said to have passed one of the modules if he secures "a minimum of 40 marks in each paper and an aggregate of 50% in all the papers of that module"

Passing two modules together

A student is said to have passed any two modules together if he secures "a minimum of 40 marks in each paper and an aggregate of 50% in all the papers of both the modules put together"

Case	Papers													Result
	Module I			Module II			Module III			Module IV			Grand Total
	1	2	Total	3	4	Total	5	6	Total	7	8	Total
A	54	40	94	43	42	85	45	50	95	48	44	92	366	Failed all 4 modules
	√	√	<50%	√	√	<50%	√	√	<50%	√	√	<50%	<50%	Didn't pass any module even when considered separately
B	65	35	100	80	56	136	65	45	100	39	65	104	450	Failed in Module I & IV Passed in Module II & III
	√	X	<=50%	√	√	≥50%	√	√	≥50%	X	√	≥50%	≥50%
C	40	40	80	50	60	110	60	70	130	40	40	80	400	Passed in all 4 modules
	√	√	<50%	√	√	≥50%	√	√	>50%	√	√	<50%	=50%
D	50	60	110	70	55	125	53	55	108	65	45	110	453	Passed in all 4 modules
	√	√	≥50%	√	√	≥50%	√	√	≥50%	√	√	≥50%	≥50%

Papers with two or more subjects involved

Where a paper contains two or more parts (each part may be a separate subject or otherwise) with the total marks of 100 divided between the parts a candidate is required to get the minimum marks in all the parts together. There is no need for the student to maintain a minimum pass mark in each part separately.

Example

Model-II-Paper 4: Corporate Restructuring & Insolvency [100 marks]

• Part A:Corporate Restructuring (70 Marks)
• Part B: Corporate Insolvency (30 Marks)

The student is required to get the minimum of 40 marks in the two parts together. There is no minimum for each part.

Marks Sheet and Pass Certificates

Marks Sheet

All the students irrespective of their result, (whether they pass or fail the examination) will receive a marks list indicating the marks obtained in each subject/paper.

Pass Certificate

All the candidates passing in both the modules of this level would also receive in addition to the marks memo, a pass certificate as a proof of passing the level. This will be sent by post to the address mentioned in the application for examination.

Membership Certificate

Membership certificate which indicates that the candidate is a member of the respective institution is different from the above pass certificate. To get this certificate the candidate should satisfy some other additional conditions and undergo practical training as needed.

Verification of Answer Papers

Information as to whether a candidates answers to each question in any particular subject or subjects at any examination have been examined and marked or not may be supplied to a candidate.

Time Limit for making application

A candidate may apply for verification of answer papers within 30 days of the date of declaration of results of the said examination.

Verification Fee

The verification of marks fee is Rs. 100 per subject.

Application

Application should be made in the prescribed form along with the fee for the same.

Where to obtain the Application

Where to send the Application

Note

Revaluation of answers is not permissible and the fee is only for verifying whether all the answers of the examinee have been valued or not and whether the counting of total marks is correct or not.

Marks Sheet Lost , Getting a Duplicate

There is a provision for obtaining a duplicate marks sheet.

Time Limit for getting a duplicate marks sheet/pass certificate

A duplicate marks sheet/pass certificate can be obtained from the institute at any time. There is no time limit prescribed.

Fee

The fee for obtaining a duplicate marks sheet is Rs. 50 per each such certificate.

Application

Application should be made in the prescribed form along with the fee for the same.

Where to obtain the Application

Where to send the Application

Re-Exam on Failure

The normal procedure in case of all the three courses is that the student has to reappear in all the papers of a particular group/stage in which he/she has not qualified.

However a student may be exempt from appearing in one or more papers of a module in the subsequent examinations, on account of having scored high marks (more than 60%) in the examination in which he/she was declared failed.
One should note that a student may also be exempt from appearing in one or more papers of a module on account of having specified academic qualifications.

Exemptions on Getting High Marks

A candidate who obtains more than 60% of marks in any paper or papers and a minimum of 25% of marks in all the remaining papers of that module in which he has appeared shall be exempted from appearing in that paper in the subsequent examinations.

The candidate is required to obtain a minimum of 40% in each paper and an aggregate of 50% in the total of the remaining subjects of the module in the subsequent examinations.

Example

An Attempt

Say a student has obtained the following marks in an examination
I - 65, II – 28; Total = 93. [Aggregate < 50% → Fail]
Since the student has got marks 93; 60% in Paper I and has also got the minimum required in other papers i.e. ≥ 25% in Papers II, he/she will be exempted from appearing in Paper I in the subsequent examinations.
In the next exam the candidate is required to appear only paper II and get a minimum of 40% and aggregate of 50% (total of 50) in paper II.

Claiming and Foregoing Exemptions

Claiming Exemptions

Exemptions on account of Possessing other Qualifications

The student has to make specific mention of the same at the time of registration and claim exemption.
The requisite fee for the same should also be paid in addition to the regular registration fee.
A candidate who is eligible for exemption by the virtue of possessing the relevant qualifications should pay an exemption fee of Rs. 100 per paper in which exemption is being claimed and make an application on or before the last date for submission of enrolment application for the particular examination.
Attested copy of the relevant qualification should also be attached with the application for claiming exemption.
The examination fee for a module should however be paid in full. There is no reduction in the examination fee for the papers in which the student has been exempted.

Exemptions on Getting High Marks

To claim exemption on account of scoring high marks, a student has to mention the same in the application for examination at the time of making the application for the subsequent exams.
Since there is no reduction in fee for exempted subjects either on account of having other qualifications or on account of having scored high marks in prior examinations, care should be taken to ensure that the relevant columns are properly filled in the examination application.

Foregoing Exemptions

A student if he so desires can forego the exemption he has in a subject by mentioning the same in the application for examination, i.e. by ignoring the column where the details relevant to claiming exemptions are to be filled.
The benefit once foregone cannot be availed in the subsequent attempts.

Exemptions from One or More Papers based on other Qualifications Held

Exemption from Professional Programme

No one is exempt from studying all the papers at this level i.e. there is no qualification which would enable a student from bypassing the Executive Programme level and going to the Professional Programme level directly.

Exemption from some Papers

Based on academic qualifications possessed, a candidate may be entitled to exemptions from appearing in individual subjects of the professional programme level.

Module II

1. Paper 3: Financial, treasury and Forex management:

Exemption is available to candidates possessing the following qualification:

1. Pass in the final examination of ICWAI

Module III

1. Paper 6: Advance Tax laws and Practice

Exemption is available to candidates possessing the following qualification:

1. Pass in the final examination of ICWAI

Switch over to Professional Programme Immediately

Students registered for Final Course prior to 1st February 2008 may opt for Professional Programme (PP).

Application

Students can apply for switchover to the new syllabus after declaration of results of June, 2008 Final Examinations i.e. after 25th August, 2008 while seeking enrollment to the subsequent Examination during December, 2008 or June, 2008 or December, 2009 sessions.
All students of Final Course would automatically be transferred to the Professional Programme (new syllabus) on 26th February, 2011 and examined under the new syllabus from June, 2011 session.
The student changing over from the old syllabus to the new one shall not have an option to revert back to the old syllabus.

Last Final Course Examination

The last Final Examination under the existing syllabus shall be held in December 2010 and the old syllabus shall cease to operate after the December 2010

First Professional Programme Examination

The first Professional Programme Examination will be held from June 2009

Individual Subject Exemption under Professional Programme

Passed Group I/Group II (old syllabus)

Students who have passed the Group-I under old syllabus will be exempted from all papers under Module-I of the new syllabus.
Similarly, the students who have passed Group-II under the old syllabus will be exempted from all the papers under Module-II and the students who have passed Group III under the old syllabus will be exempted from all the papers under Module II of the new syllabus.

Exempted from individual papers of Group I/Group II/Group III (old syllabus)

A candidate shall be exempted from appearing in the individual papers on the basis of exemption from individual papers previously secured by him under Final Course (Old Syllaus) on his/her switch over to the Professional Programme (New Syllabus)

Passed/Exempted under Final Course (Old Syllabus)	Paper(s) Exempted under Professional Programme (New Syllabus)
Group I	Module I
Advanced Company Law and Practice	Company Secretarial Practice
Secretarial Practice relating to Economic Laws and Drafting & Conveyancing	Drafting, Appearances and Pleadings
Secretarial, Management and Systems audit	Due Diligence and Corporate Compliance Management (Module – IV)
Group II	Module II
Financial , Treasury and Forex Management	Financial, Treasury and Forex Management
Corporate Restructuring Law and Practice	Corporate Restructuring and Insolvency
Banking and Insurance – Law and Practice	Governance, Business Ethics and Sustainability (Module – IV)
Group III	Module III
World Trade Organisation - International Trade, Joint Ventures and Foreign Collaborations	Strategic Management, Alliances and International Trade
Direct and Indirect Taxation – Law and Practice	Advanced Tax Laws and Practice
Human Resources Management and Industrial Relations	Governance, Business Ethics and Sustainability (Module – IV)