ICAI COMMERCE WIZARD

1. The registration is open to the Students appearing in class IX/X/XI/XII and B.Com./BBA/BMS/Aliied Subjects Examination. Students registered under open distance learning will also eligible for appearing in the aforesaid test.
2. Candidates must fill the registration forms through the dedicated website, duly filled in and complete in all respects by the due date.

Stated amount: 100,000 Prizes for Participants Level-I Test All participants In Level-1 test will receive a Participation Certificate. Level-II Test

1. 1st Rank holder will be awarded with Rs 1, 00, 000/- for Class IX, Class X, Class XI, Class XII & B.Com./BBA/BMS/Aliied Subjects Separately, if multiple winners are there, the prize amount will be shared by them. If more than 50 joint rank holders for the same, the awardee will at least awarded with the cash prize of Rs 2, 000/- with Merit Certificate.
2. 2nd Rank will be awarded with Rs 50, 000/-for Class IX, Class X, Class XI Class XII & B.Com./BBA/BMS/Aliied Subjects separately, if multiple winners are there, the prize amount will be shared by them. If several joint rank holders for the same are there, the awardee will at least awarded with the cash prize of Rs 1, 500/- with Merit Certificate.
3. Rs. 25, 000, If multi winners are there, the prize amount will be shared by them. If more than 33 joint rank holders for the same, the awardees will at least be awarded with the prize money of Rs. 750 with Merit Certificate.
4. Consolation Prize Next 200 Participants will be awarded Consolation prize money of Rs. 500 with Appreciation Certificate.
5. Rest of Participants will be given Participation Certificate. No. of scholarships is subject to availability, please visit official website.

Registration fee is Rs. 100/- (Inclusive all the Taxes). The registration process for the ICAI Commerce Wizard exam will be online. Therefore, the candidates must know the steps to do the online registration for the ICAI Commerce Wizard Scholarship. The steps for online registration is given below:

1. Initially, the candidates must visit the website of the Institute of Chartered Accountants of India. They must register before filling the online application form.
2. Enter the details like Name, contact number, email id and complete the registration.
3. Now using the credentials provided through your email, the applicants must start to fill the online application form.
4. Applicants must click on “Apply Now” and enter all the details in the application form.
5. Now upload the scanned copies of the essential documents as well as your photograph and signature. The dimensions and specifications of the photograph must be the same as prescribed in the brochure.
6. After that, click on the link for fee payment.
7. On successful payment of the application fees, candidates will receive an acknowledgment slip. For more information Click here.

The Commerce Wizard will be conducted by means of in two levels i.e. Level I & Level II test. Level I Test (Online) Level II Test (Online/Pen & Pencil Test)

1. The level II is conducted for shortlisted candidates of level 1 test.
2. The level II test will be conducted by online/pen & ppencil test in the designated Centre for shortlisted candidates of level
3. Test Paper Pattern ( Level I & Level II)
4. The aforesaid test will be conducted in English language only.
5. Question papers are suitable for students of CBSE/ICSE or any other national boards or open schools and various state boards conducting Secondary/Senior Secondary Examination.
6. The aforesaid test is an objective-type test of 75 minutes duration comprising 100 objective-type (Multiple Choice) questions, 25 questions (25 marks) from each subject through on-line arrangement. Criteria for selecting Candidate from the Level-I Test to Level-II Test Candidates appeared in Level-I Test: 1000 candidates of each from IX, X, XI, XII & B. Com/BBA and Allied Subjects shall be shortlisted for Level-II test or 15% of the Candidates appeared for the Level I Test, whichever is higher. Level II Test: The level II is conducted for shortlisted candidates of level I test. The level II test will be conducted in the designated Centre Online test in the designated Centre for shortlisted candidates of level I Subjects for the Level I & II Tests I
7. For Class IX : Social Studies (Economics), Mathematics, Business Awareness & Aptitude II. For Class X Social Studies (Economics), Mathematics, Business Awareness & Aptitude III.
8. For Class XI: Business Studies, Accountancy, Economics & Aptitude IV.
9. For Class XII: Business Studies, Accountancy, Economics & Aptitude
10. B.Com./BBA/BMS/Aliied Subjects Examination: Business Studies, Accountancy, Economics/ Financial Studies & Aptitude There is negative marking of 0.25 for every wrong answer. No Negative marking for un-attempted answers.