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Amol londhe (Querist)
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21 June 2013 can anybody let me know if a person having M.Com with (Advance Costing)as special subject and part time PGDBM MBS degree in Finance can he get exemption in the CS Executive programmer and if so what is the procedure for it

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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21 June 2013 In the CS Executive Level (Intermediate) below papers are there:

>> General and Commercial Laws
>> Company Accounts, Cost and Management Accounting
>> Tax Laws
>> Company Laws
>> Economic and Labour Laws
>> Securities Laws and Compliances

You will get exemption in just one paper and that is Company Accounts, Cost and Management Accounting
People who have done their MBA/MCOM/BCOM and have studied this paper and have scored more than 50% marks are given exemption. (old course)

You have to appear in rest of the 5 papers.

form is available:

http://www.icsi.edu/docs/WebModules/Student/ExemptionForm260612.pdf

Exemption from individual paper(s) of the Executive Programme Examination

A candidate shall be exempted from the following paper(s) of the Executive Programme examination if he/she possesses the qualification(s) specified against each paper, having secured 50% or more marks in the aggregate and applies for exemption on or before last date for enrolment for the examination paying requisite exemption fee which at present is ` 1,000/- per paper :

1. Industrial, Labour and General Laws: A Degree in Law (three years or five years integrated) from a recognised University/Institute either constituted under an Act of Parliament or approved by AICTE/AIU.
2. Cost and Management Accounting: M.A. (Corporate Secretaryship)/ M.Com./M.B.A. (with Advanced Accountancy as one of the subjects at B.Com/B.B.A./B.A. (Corporate Secretaryship) level and with full paper in Cost Accounting/Management Accounting/Financial Management at M.A. (Corporate Secretaryship)/M.Com./M.B.A. level having secured 50% marks in the subject concerned) from a recognised University/Institute either constituted under an Act of Parliament or approved by AICTE/AIU.
A candidate who has done Post Graduate Diploma in Management will be considered for exemption from the paper (CA & CMA) only if he/she submits documentary evidence from AICTE/AIU to the effect that PGDBM issued is equivalent to MBA.
3. Tax Laws and Practice: M.A./M.B.A. (Corporate Secretaryship) from a recognised University/Institute either constituted under an Act of Parliament or approved by AICTE/AIU.
4.16.5 Paperwise Exemption to Cost Accountants
A candidate who has passed the Final examination of the Institute of Cost Accountants of India, shall be exempted from the following papers of the Executive Programme examination on making an application together with attested copy of the Final Pass certificate and the requisite exemption fee @ ` 1,000/- per paper on or before the last date of submission of enrolment application for the examination:
1. Cost and Management Accounting (Module I, Paper 2)
2. Tax Laws and Practice (Module I, Paper 4)
3. Company Accounts and Auditing Practices (Module 2, Paper 5).
A candidate who has passed the Final examination of the Institute of Cost Accountants of India shall be exempted from the following papers of the Professional Programme examination on making an application in this behalf together with attested copy of the Final Examination Pass Certificate of Institute of Cost Accountants of India (ICAI-CMA) and the requisite exemption fee @ ` 1,000/- per paper on or before the last date for submission of enrolment application for the examination :
1. Advanced Company Law and Practice (Module 1, Paper 1).
2. Financial, Treasury and Forex Management (Module 2, Paper 5).
3. Advanced Tax Laws and Practice (Module 3, Paper 7).
For further Queries please call on:
011- 4534 1076 / 4534 1077
CS Helpline: 011- 4150 4444
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For further details please contact / write to
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