ICAI Commerce Wizard 2019 (Level 1/ Level 2): Exam Date, Syllabus, Results

ICAI Commerce Wizard 2019 (Level 1/ Level 2): Syllabus, Exam Date, Results

ICAI’s Commerce Talent Search Test called as Commerce Wizard 2019 is a diagnostic test that measures the concept understanding ability of a student. Unlike regular tests which try only to find out how much a child knows, this test measures how well a student has understood the concepts. Basically, this test is a new ‘Ability Test’ or ‘Talent Search’ or ‘Talent Hunt’ Test under the ICAI’s initiative, named as ‘Commerce Wizard‘.

ICAI Commerce Wizard Test 2019: Level 1 and Results

ICAI has declared the ‘Results of Commerce Wizard Test 2019 (Level 1 and 2). All candidates can check their rank and results by visiting ICAI Commerce Wizard website. Also, they can download their Participation Certificate from 24th January 2020.

Objectives of Commerce Wizard Test

The objectives of ICAI Commerce Wizard Test are as under:

i) Act as a tool to educate, motivate the students of Country to achieve excellence in commerce stream;

ii) Act as a tool for talent search in Commerce stream;

iii) To facilitate selection of meritorious students to grant financial award as well recognition; in turn motivate to achieve excellence;

iv) To Project ICAI as a premier accounting Body which can act as a tool for empowerment of the students.

Syllabus of ICAI’s Commerce Wizard Test (ICW) 2019

Subjects for the Level I & II Tests includes,- i) for Class IX: Social Studies (Economics), Mathematics, Business Awareness & Aptitude, ii) for Class X: Social Studies (Economics), Mathematics, Business Awareness & Aptitude, iii) for Class XI: Business Studies, Accountancy, Economics & Aptitude, iv) for Class XII: Business Studies, Accountancy, Economics & Aptitude, v) for B.Com./ BBA/ BMS/ Aliied Subjects Examination: Business Studies, Accountancy, Economics/ Financial Studies & Aptitude.

It may be noted that there is negative marking of 0.25 for every wrong answer. However, no Negative marking for un-attempted answers.

Download Syllabus of the ICAI Commerce Wizard Test 2019 (Level 1 and Level 2) from the links below:

Syllabus For Students of Class 9th

Syllabus For Students of Class 10th

Syllabus For Students of Class 11th

Syllabus For Students of Class 12th

Syllabus For Students of B.Com/ BBA/ BMS/ Allied Subjects

Eligibility of Candidates/ Students for Commerce Wizard 2018

The registration is open to the Students of appearing class IX/ X/ XI/ XII and B.Com/ BBA/ BMS/ Allied Subjects Examination. Students registered under open distance learning will also eligible for appearing in the aforesaid test.

Registration for Commerce Wizard 2019:

Candidates must duly fill in and submit the registration forms through the dedicated ICW Website, complete in all respects by the due date:

Important Dates for Registration in ICAI Commerce Wizard Test 2019

Online Registration with online payment: Rs. 100 inclusive of all taxes

upto 25 Dec. 2019

Online Registration with online payment late fees: Rs. 150 inclusive of all taxes

26 Dec. to 31 Dec. 2019

Note: The registration numbers will be generated by means of the online resources.

Test Levels:

The Commerce Wizard Test 2019 will be conducted at two levels, in English language only. 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. The aforesaid test is an objective-type test of 60 minutes duration comprising 80 objective-type (Multiple Choice) questions, 20 questions (20 marks) from each subject through online arrangement.

Level 1 Test (Online)

1. The online test is to be conducted through on-line arrangement through their laptop/desktop from home or any other convenient place as per specified conditions of test management authorities.

2. Candidates will arrange their desktops/ own laptops etc. and data card/internet connectivity to take the online test.

3. The candidates will log into the application portal /web page in order to access link to the eligibility test via web. This link will be hosted on the Portal. On clicking on the link, the candidate will be redirected to the Online Test Portal.

4. The screen presented to the candidate should depict the Timer which should always be visible to the candidates.

5. Before start of the test, candidate will be required to enter the Application No. /Unique ID/Roll No. and password to authenticate his candidature for taking the test. The password will be provided by the service provider on the spot on the date/time of registration for the test.

6. The system should display instructions to candidates upon login and before start of examination. The candidate must be able to retrieve instructions at any time during the test as well.

7. At the designated time, the question paper will be made available for a total duration of 60 minutes, test should be conducted in a secure environment such that while the test is taken, access to all possible web resources for e.g. browsing, chatting, etc. should be blocked from the computer of the candidate as well as any other peripherals such as printer. Similarly, functions like ‘Copy-Paste’ and Print Screen to be disabled in the question paper page appearing in the test. The test taken by the candidates will continuously be saved and updated in the main server on cloud.

8. Candidates shall take their seats and set their laptops/desktops at least 10-15 minutes prior to the commencement of the Test and mark attendance by entering their Application No./Unique ID provided to them  at the time of successful registration along with the password and the software shall verify the authenticity.

9. Any other conditions as decided by the CCG, ICAI from time to time.

Level 2 Test (Paper/ Pencil or Online at Designated Centre):

The level II is conducted for shortlisted candidates of level 1 test. The level II test will be conducted by online/pen & pencil test in the designated Centre for shortlisted candidates of level 1.

Criteria for selecting Candidate from the Level-1 Test to Level-2 Test

800 candidates each from Class IX, X, XI, XII and B.Com, BBA, Allied Subjects, etc. shall be shortlisted for Level-II test or 10% of the Candidates appeared for the Level I Test, whichever is higher.

System Requirements

OS : Windows 7, Windows 8, Windows 8.1, Windows 10 or later Processor: An Intel Pentium 4 processor or later that’s SSE2 capable RAM: Min 2 GB RAM Browser: Google Chrome Minimum Internet Speed: 2 Mbps

Exam Schedule for ICAI Commerce Wizard Test 2019

Exam Schedule/ Dates for ICAI Commerce Wizard Tests 2019
Level 1 Test (Online Test from Home)Date: 5 Jan. 2020 (Sunday)

For 9th and 10th Class Students: 10.00 AM to 11.00 AM

For 11th Class Students: 12.00 PM to 1.00 PM

For 12th class Students: 2.00 PM to 3.00 PM

For B.Com./BBA/BMS/Allied Subjects Students: 4.00 PM to 5.00 PM

Level 2 Test (Online Test at Designated Centers)Date: 19 Jan. 2020 (Sunday)

For 9th and 10th Class Students: 10.00 AM to 11.00 AM

For 11th Class Students: 12.00 PM to 1.00 PM

For 12th class Students: 2.00 PM to 3.00 PM

For B.Com./BBA/BMS/Allied Subjects Students: 4.00 PM to 5.00 PM

Prizes for Participants

As per ICAI announcement, the following prizes/ appreciations are to be distributed among the participants of Class IX, X, XI, XII & B.Com./BBA/BMS/Allied subjects separately:

Level 1 Test

Every candidate appeared for the First level test will get a participation certificate

Level 2 Test

1. 1st Rank holder will be awarded with Rs 1,00,000. 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 be awarded with the cash prize of Rs 2,000;

2. 2nd Rank holder will be awarded with Rs 50,000. If multiple winners are there, the prize amount will be shared by them. If more than 33 joint rank holders for the same are there, the awardee will at least be awarded with the cash prize of Rs 1,500;

3. 3rd Rank holder will be awarded with Rs 25,000. If multiple winners are there, the prize amount will be shared by them. If more than 33 joint rank holders for the same are there, the awardee will at least be awarded with the cash prize of Rs 750;

4. Next 200 particiapnts will be awarded with Rs 500 consolation prizes along with an appreciation certificate.

5. Participation Certificate will be given to each participant appeared for the Level-II Test.

Additionally first 3 Rank Holders of Level-II Test (i.e. appearing in the Class XII & B.Com./BBA/BMS/Allied Subjects third year examination) will be reimbursed after paying of Fees for registering in the Foundation Scheme/Intermediate Scheme (As per their eligibility) of CA course.

Award Ceremony

Award Ceremony is likely to be held at Delhi/ NCR in February, 2020.

Helpline for Queries/ Issues on Commerce Wizard Test 2019

For any Query please contact: Dr. Mitali Pathak, Secretary, Career Counselling Group, the Institute of Chartered Accountants of India (ICAI), ICAI Bhawan, A-29, Sector-62, Noida (U.P.), Telephone (O): 0120-3876871/ 3876886, Email: ccc.events@icai.in

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