Committee on Career Counselling organises ICAI Commerce Wizard every year to evaluate the knowledge, skills and abilities of the student from all streams. The Commerce Wizard test is a tool to educate and motivate the students from all over the world to achieve excellence in the commerce stream. The aforesaid test not only grant recognition but also financial award to the meritorious students which in turn motivate them to achieve excellence. The Commerce Wizard is conducted at two levels i.e. Level I & Level II test in five category for the students appearing in the class IX/X/XI/XII and B.Com./BBA/BMS/Allied Subjects respectively. Students registered under open distance learning are also eligible for appearing in the aforesaid test.
FIVE CATEGORIES OF ICAI COMMERCE WIZARD TEST
Students of Class IX
Students of Class X
Students of Class XI
Students of Class XII
Students of B.Com /BBA/BMS/Allied subjects
SYLLABUS
Note:
- The Commerce Wizard is conducted at two levels i.e Level 1 & Level 2 test.
- Level 2 test is conducted for students shortlisted at Level 1 test.
- Level 1 is conducted virtually from laptop/desktop/mobile from anywhere at the convenience of the students.
- Level 2 is conducted virtually at the designated centers of the ICAI.
Test Paper Pattern (Level I & Level II):
- The aforesaid test will be conducted in English language only.
- Question Papers are suitable for students of CBSE/ICSE or any other national boards or open schools and various state boards conducting Secondary/Senior Secondary Examination.
- The aforesaid test is an objective-type test of 60 minutes duration comprising 80 objective-type (Multiple Choice) questions, 20 questions (20 marks) from each subject through online arrangement.
- There is a negative marking of .25 for each wrong answer and no negative marking for the un-attempted questions.
Prizes for Participants
Level-I Test
- All participants are given a Participation Certificate.
Level-II Test
|
Rank |
Class IX |
Class X |
Class XI |
Class XII |
B Com/BBA/BMS/Allied subjects |
|
1 |
₹ 1,00,000. If multi winners are there, the prize amount will be shared by them. If more than 50 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹2,000 |
₹ 1,00,000. If multi winners are there, the prize amount will be shared by them. If more than 50 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹2,000 |
₹ 1,00,000. If multi winners are there, the prize amount will be shared by them. If more than 50 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹2,000 |
₹ 1,00,000. If multi winners are there, the prize amount will be shared by them. If more than 50 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹2,000 |
₹ 1,00,000. If multi winners are there, the prize amount will be shared by them. If more than 50 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹2,000 |
|
2 |
₹ 50,000. If multi winners are there, the prize amount will be shared by them. If more than 33 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹1,500 |
₹ 50,000. If multi winners are there, the prize amount will be shared by them. If more than 33 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹1,500 |
₹ 50,000. If multi winners are there, the prize amount will be shared by them. If more than 33 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹1,500 |
₹ 50,000. If multi winners are there, the prize amount will be shared by them. If more than 33 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹1,500 |
₹ 50,000. If multi winners are there, the prize amount will be shared by them. If more than 33 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹1,500 |
|
3 |
₹ 25,000. If multi winners are there, the prize amount will be shared by them. If more than 33 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹750 |
₹ 25,000. If multi winners are there, the prize amount will be shared by them. If more than 33 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹750 |
₹ 25,000. If multi winners are there, the prize amount will be shared by them. If more than 33 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹750 |
₹ 25,000. If multi winners are there, the prize amount will be shared by them. If more than 33 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹750 |
₹ 25,000. If multi winners are there, the prize amount will be shared by them. If more than 33 joint rank holders for the same, the awardees will at least be awarded with the cash prize ₹750 |
|
Consolation Prize |
Next 200 participants will be awarded Consolation Prize Money of ₹500 with Appreciation Certificate. |
Next 200 participants will be awarded Consolation Prize Money of ₹500 with Appreciation Certificate. |
Next 200 participants will be awarded Consolation Prize Money of ₹500 with Appreciation Certificate. |
Next 200 participants will be awarded Consolation Prize Money of ₹500 with Appreciation Certificate. |
Next 200 participants will be awarded Consolation Prize Money of ₹500 with Appreciation Certificate. |
- Additionally, first 3 Rank Holders of Level-II Test (i.e. appearing in the Class XII & B.Com./BBA/BMS/Allied Subjects third year examination) who if registered for CA course in the Foundation Scheme/Intermediate Scheme (as per their eligibility) after their participation in the Wizard will also be reimbursed the registration fees on it’s payment.
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