New Delhi,
India, February 5, 2018- The Institute of Chartered Accountant of India (ICAI) has
been conducting various activities to spread financial literacy in the country.
To inculcate the idea of commercial prudence for a healthy economy, the
Institute commissioned a talent hunt program – “Commerce Wizard” – last year.
In the second edition of the talent hunt program the participation was open on
an all India level where a mammoth 15400 students participated.
“Commerce Wizard
-2017” is being organised by Career Counseling Sub-group under BOS of ICAI.
This was a diagnostic test that measures the concept understanding ability of a
student. Unlike other tests which only try to find out how much a child knows,
this test was measured how well a student has understood the concepts.
The talent hunt
was constituted for creation of large pool of educated population can regular conduct
qualitative and quantitative assessment and be part of nation building. It is
meant for strengthening the ecosystem to popularize commerce education across
the country amongst secondary, senior/higher secondary, graduate
students.
Seeing the
response in the previous edition, Commerce Wizard-2017 was divided in two
levels of online tests. Out of the 15400 students who participated in the
Level-I, 5228 students from different class (XI, XII and Graduation) qualified
for the Level-II of the examination. Finally, 4473 students appeared in the Final
level where 584 students from Class X, 1531 from Class XI, 1477 from Class XII,
and 881 from Graduation level participated.
Out of the cash
pool of Rs.10 lakh, top three students from each class received cash prizes
worth Rs. 75,000/-, Rs.50,000/- and Rs. 25,000/- for their first three ranks. Few
more students received special awards apart from consolation prizes.
Congratulating all the participants, President
of ICAI, CA. Nilesh Shivji Vikamsey said, “to man the economic development of
the country and to meet the growing needs of the society, there is greater
demand for sound development of commerce education in Indian context. This
talent hunt exercise endevours to achieve and create a healthy pool of educated
commerce youngster.”
Speaking on the occasion, chief guest Shri PP
Chaudhary, Hon’ble Minister of State for Corporate Affairs and Law &
Justice said “Commerce is considered as one of the most popular career
options in India. Commerce education is the backbone of the business and serial
development of the nation. This education stresses on developing the people and
making effective use of available resources.”
Speaking on the occasion, CA Dhiraj
Khandelwal, Convenor CCSg, said, “With the growing economy, commerce education
is going to define the entire education ecosystem. We hope in the years to come
Commerce-wizard will become yardstick to facilitate admissions to the
meritorious candidates on priority basis in various colleges”.
CA Naveen ND Gupta, Vice President, ICAI, CA
Atul Kumar Gupta, Chairman, BOS, CA (Dr.) Debashis Mitra, Deputy Convener,
CCSg, CA Mangesh P. Kinare also shared their words of wisdom and encouraged the
participants.
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