Finance/Compliance Consultant
69136 Points
Posted on 02 July 2026
Because ICAI awards ranks to the top 50 students, and only 44 students passed in this instance, every single student who passed both groups was automatically awarded a rank. This is a rare occurrence as, typically, the pool of candidates passing both groups is significantly larger than 50.
While ICAI's current practice often highlights the top 3 rank holders in official announcements, the merit lists traditionally include up to the top 50 candidates. Therefore, the situation described in the screenshot is a documented, though rare, occurrence resulting from exceptionally low pass rates.