About Results and Exemption

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

The main examinations are conducted twice every year in the months of June and Decmber, 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 2½ months) from the examination date.
Tentatively they would be declared on

• June Examination results : On 25^th August
• December Examination results : On 25^th February

Information Available - How to get it?

The results would be hosted on the Institute's [ICSI] web site and would also be displayed at the offices of the institute, its chapters, and the offices relevant to the examination center where the student has appeared for the examination.

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

A student is required 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 the Executive Level

A candidate is considered to have passed the Executive Programme Level of these courses if he passes both the modules/groups constituting this level.

He/she may get through the modules/groups in one or more attempts either together or separately.

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 both modules together

A student is said to have passed both the 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					Grand Total
	1	2	3	4	Total	5	6	7	8	Total
A	40	40	40	40	160	40	40	40	40	320	240	Failed Both
	√	√	√	√	< 50%	√	√	√	√	< 50%	< 50%
	Didn't pass any group even when considered separately
B	54	40	43	42	179	45	50	48	44	187	366	Failed Both
	√	√	√	√	< 50%	√	√	√	√	< 50%	< 50%
	Didn't pass any group even when considered separately
C	65	35	80	56	236	65	45	39	55	174	410	Failed Both
	√	x	√	√	≥ 50%	√	x	√	√	≥ 50%	≥ 50%
	Didn't pass any group even when considered separately
D	40	40	40	40	160	80	40	80	40	240	400	Passed Both
	√	√	√	√	≥ 50%	√	√	√	√	≥ 50%	≥ 50%
	Note the advantage with considering the two groups together here. The student will fail Group I if they are considered separately.
E	50	60	70	55	235	40	50	40	40	210	445	Passed Both
	√	√	√	√	≥ 50%	√	√	√	√	≥ 50%	≥ 50%
F	60	60	70	45	235	80	60	55	40	235	470	Passed Both
	√	√	√	√	≥ 50%	√	√	√	√	≥ 50%	≥ 50%
G	50	60	55	45	210	54	38	55	60	207	303	Passed Module I
	√	√	√	√	≥ 50%	√	x	√	√	≥ 50%	≥ 50%
H	48	50	45	42	185	51	48	52	62	213	398	Passed Module II
	√	√	√	√	< 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

Module II - Paper 5: Economic and Labour Laws [100 marks]

• Part A : Economic Laws (60 Marks)
• Part B : Labour Laws (40 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.

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 certificatee

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/pass certificate 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 to be adopted in case of failure by a student is to reappear in all the papers of a that module 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 - 35, III - 30; Total = 130. [Aggregate < 50% → Fail]
Since the student has got marks 7ge; 60% in Paper I and has also got the minimum required in other papers i.e. ≥ 25% in Papers II and III, 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 in papers II and III and get a minimum of 40% and aggregate of 50% (total of 100) in the papers II, and III together.

Next Attempt

Say the student has obtained the following marks in the subsequent exam

1. Case 1

The student may obtain marks required to pass the examination.

II - 54, III - 58. Total = 112. [Aggregate ≥ 50% → Pass]

2. Case 2

The student may fail the examination but still obtain an exemption in one more papers additionally.

II - 30, III - 65. Total = 95. [Aggregate < 50% → Fail]

The student fails the examination. Here there is a scope for exemption in Paper III since the student obtained ≥ 60% and has got a minimum of 25% in the other paper.

In the next exam the stduent is required to appear only Paper II and get a minimum of 50%.

3. Case 3

The student may fail the examination and not get any new exemptions.

II - 20, III - 65. Total = 85. [Aggregate < 50% and Failed in Paper II → Fail]

Special Case » Failing after Getting an Aggregate ≥ 60%

Where a student who has appeared in all the papers of a module has failed in one paper but obtained a minimum of 60% of the total marks of the remaining subjects (not in each subject) shall be declared to have passed in that module if he secured 50% marks in that paper in which he failed in any subsequent examination.

An attempt

I - 55, II - 35, III - 72 Total = 162. [Aggregate > 50% → Fail]

Has got 60% in I and III together (i.e. the other subjects).
In the subsequent exams the student needs to appear only in paper II and get a minimum of 50% in it to pass in the module.

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 examiantion 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 Executive Programme

No one is exempt from studying all the papers at this level i.e. there is no academic qualification that would entitle a student to bypass the executive level and go 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 executive programme level/course.

Module I

1. Paper I: General and Commercial Laws

Exemption is available to candidates possessing the following qualifications :

1. M.A. (Corporate secretary ship)
2. Degree in law of a recognized university
1. Paper II: Company Accounts and Cost & Management Accounting

Exemption is available to candidates possessing the following qualifications :

1. M.A. (Corporate secretary ship)/MBA/M.Com with accountancy as one of the subjects at B.A. (Corporate secretary ship)/B. Com level with full paper in cost accounting/management accounting/ financial management at M.A. (Corporate secretaryship)/MBA/M.Com level of a recognised university and should have secured 50% marks in the subject concerned.
2. Pass in the final examination of ICWAI
2. Paper III: Tax Laws

Exemption is available to candidates possessing the following qualifications :

1. M.A. (Corporate secretary ship)
2. Pass in the final examination of ICWAI

Switch over to Executive Programme Immediately

Students registered for Intermediate Course prior to 1st February 2008 may opt for Executive Programme (EP).

Application

Students can apply for switchover to the new syllabus after declaration of results of June, 2008 Intermediate Examinations i.e. after 25^th August, 2008 while seeking enrollment to the subsequent Examination during December, 2008 or June, 2008 or December, 2009 sessions.

All students of Intermediate Course would automatically be transferred to the Executive Programme (new syllabus) on 26^th February, 2010 and examined under the new syllabus from June, 2010 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 Intermediate Course Examination

The last Intermediate Examination under the existing syllabus shall be held in December 2009 and the old syllabus shall cease to operate after the December 2009

First Executive Programme Examination

The first Executive Programme Examination will be held from December 2008

Individual Subject Exemption under Executive 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 of the new syllabus.

Exempted from individual papers of Group I/Group II (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 Intermediate Course (Old Syllaus) on his/her switch over to the Executive Programme (New Syllabus)

Passed/Exempted under Intermediate Course (old syllabus)	Paper(s) Exempted under Executive Programme (New Syllabus)
Group I	Module I
General and Commercial Laws	General and Commercial Laws
Company Accounts and Cost & Management Accounting	Company Accounts, Cost & Management Accounting
Tax Laws	Tax Laws
Management information Systems & Corporate Communication	None
Group II	Module II
Company Law	Company Law
Company Secretarial Practice	Company Law
Economic, Labour and Industrial Laws	Economic and Labour Laws
Securities Laws and Regulation of Financial Markets	Securities Laws and Compliances