Re. ca cpt exemption

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BALWINDER SINGH (Querist)
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05 December 2012 Dear Sir/Madam,

my friend cleared mba (finance) with 58% marks from sikkim manipal university, in b.com he secure 47% please confirm that on the basis of mba %age is he eligible for cpt exemption

Ajay Mishra

Ajay Mishra (Expert)
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05 December 2012 Hi

No, you are not eligible to take exemption.

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.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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05 December 2012 In my opinion, MBA(Finance) is a post graduate course in commerce and accordingly eligible for exemption.

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