Direct entry to ipcc

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dabeer ahmad (Querist)
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28 November 2012 sir i have completed my bsc with 50% marks and completed mba i have studied subjects namely accounting and financial analysis,business law,managerial economics,principle and practices of management, cost and management accounting,finanacial management, my aggregate percentage of marks is 59.12 am i eligible for direct entry to ipcc each papers studied by me carries 150 marks i.e.100 for theory and 50 internal.

Ajay Mishra

Ajay Mishra (Expert)
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29 November 2012 Hi

The following categories of students are eligible to register directly for
Intermediate (Integrated Professional Competence) Course without passing the Common
Proficiency Test (CPT):-
1. Graduates or Post Graduates from Commerce stream having secured in
aggregate a minimum of 55% of the total marks or its equivalent grade or other
Graduates or Post Graduates having secured in aggregate a minimum of 60% of
the total marks or its equivalent grade in the examination conducted by any
recognised University (including Open University).
2. Candidates who have passed the Intermediate level examination or its
equivalent examination by whatever name called conducted by The Institute of
Cost Accountants of India or by The Institute of Company Secretaries of India.

On the basis of above, you are not eligible on MBA because your percentage is less than 60%.

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dabeer ahmad

dabeer ahmad (Querist)
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29 November 2012 sir can i not considered as a commerce post graduatae as i have studied following subjects of 150 marks i.e. 100 for external and 50 for internal exam.

Ajay Mishra

Ajay Mishra (Expert)
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29 November 2012 A student shall be deemed to be of Commerce stream, if he has passed Graduation/ Post Graduation examination by studying any three papers of 100 marks each out of Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration or Management Accounting.

dabeer ahmad

dabeer ahmad (Querist)
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29 November 2012 i have passed mba and passed subjects like accounting and financial analysis, business law, managerial economics , principle and practices of management, financial management,cost and management accounting of 150 marks i.e. 1000 for external and 50 internal. with 59.12 percent am i not considered as a coomerce pg.

Ajay Mishra

Ajay Mishra (Expert)
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29 November 2012 No. As per the rounding off provision, any fraction of half or more shall be rounded
up to the next whole number. Accordingly, if a student secures a minimum 59.12% or 59.10%
of the total marks in non-Commerce stream or in other stream respectively shall not be
eligible to register under direct entry scheme of chartered accountancy course.

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