Ajay Kumar (Minimalist) (686 Points)
09 January 2018Expected pass percentage for CA Final Nov 2017 Examination:
Group I - 12%
Group II - 16%
Both Group - 13.5%
I have researched with some ICAI officials and got the following details.
CA Dhiraj Kumar
(Chartered accountant)
(346 Points)
Replied 09 January 2018
Ajay Kumar
(Minimalist)
(686 Points)
Replied 09 January 2018
Group II results were always higher than the Group I results. Also, Group II is having major revamp with IDT in May 2018. Therefore, it is reasonable to expect higher pass percentage in Group II.
Ajay Kumar
(Minimalist)
(686 Points)
Replied 09 January 2018
Please explain the rationality behind the estimates?
Ajay Kumar
(Minimalist)
(686 Points)
Replied 09 January 2018
I have taken reviews of more than 10 students. I agree with the fact that exams were tough but this won't affect the results. Lengthy papers are problem of every attempt, not only this time.
I would request students out here to give there reviews, how they felt about the exam?
Ajay Kumar
(Minimalist)
(686 Points)
Replied 09 January 2018
Moreover, if everyone has attempted 70 marks on an average. That will itself become 100 and everyone else will be marked accordingly.
Yes @ Ajay kumar sir -
but the need of CA is increasing due to GST implementation. As per ICAI records, less than 1 lakh CAs are in practice, other CA opt for job. So these CAs are not sufficient to fulfill the demand.
So, ICAI may plan to produce more CA in coming few years. Thats why, pass percentage might be higher this time
Aritra Majumdar
(B.Com(H),CA)
(2420 Points)
Replied 09 January 2018
Ca Ajay- Here is my review of the Nov 17 exam:
I would like to offer my insight on the Nov 17 exams this time for each paper individually as follows:
1. FR- The paper was above average, fairly lengthy and a lot of candidates didn't finish it well.
2. SFM- The easiest paper, in fact in 2017 both terms they were directly out of pm and rtp only.
3. Audit- A different paper where they asked loads of questions from company audit and many small topics were totally absent. If someone had prepared standards, pe and company audit well they would have enjoyed this exam.
4. Law- A lot of conceptual and tricky questions, the most challenging paper in group 1.
5. AMA- The sheer size of question paper was an indication of how lengthy it was. Most candidates having normal speed could answer only 70-80 marks this time.
6, ISCA- Plenty of questions from sm and less from pm this time so another out of the box paper, very different one.
7. DT- There were a lot of confusion over most qeustions because they were from unknown areas...probably the most challenging paper in entire CA final exams this time.Also it was way too lengthy for 3 hours.
8. IDT- Another paper where a lot of conceptual knowledge and understanding was tested, especially in questions on service tax.
Conclusion- I hope group 1 will be in double digits but doubtful about group 2 which as a whole was a much more challenging group this time. And for both groups I expect percentage to remain in single digits only.
Anmol Davesar
(Chartered Accountant)
(818 Points)
Replied 10 January 2018
Ajay Kumar
(Minimalist)
(686 Points)
Replied 10 January 2018
Exam papers might have come tough. But we have also to consider the increased demand and rational expectations.
Ajay Kumar
(Minimalist)
(686 Points)
Replied 10 January 2018
Adding on, tough exams do not mean that results will be bad. This happens in every attempt that out of 8 exams, 3 of them are tough. Also, one of the groups is tougher than the other.
This year, for second group DT was a unexpected shock. But for costing/ ISCA & IDT, the pattern was same as of previous year exams.
It is just we all have been trained to expect adaptively instead of rationally. We expect this chapter won't be asked, because this was asked in the last attempt. We expect that this chapter won't be asked because, this has never been asked.
This is a wrong approach. This is not how life work. Must have given your all and prepared for A to Z.
Vivek B. Bhinde
(Action Creates Energy !!)
(824 Points)
Replied 10 January 2018
Wait till the Result date .. We will get Exact passing Percentage.
Ajay Kumar
(Minimalist)
(686 Points)
Replied 10 January 2018
What is the result date? Did we get any notification for it?
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