Exemption cases
not covered in the general policy (mentioned above) but otherwise
deserving on the basis of qualification in the relevant field
can be considered individually. The students, who have passed Bachelor's or Master's examinations from a recognized institute/university (W Category) or partly qualified from ICAP, ICMAP, CIMA-UK and ACCA UK etc, are eligible to apply for exemption according to the schedule of exemptions. Requested subject(s) should cover at least 80% course outline(s) of the Institute subject(s) in which exemption is sought.
Exemption is granted on the basis of completed academic qualification. Those having passed only part(s) of various qualifications will not be allowed any exemption from any subject of the course. Details of papers exempted for members of professional accounting bodies and holders of other qualifications are given in the schedule of exemptions.
The exemptions will be ascertained at the time of registration in PIPFA. If a student appears in a paper of any level in PIPFA and fails and applies for exemption in that failed paper at later stage on the basis of additional qualification, will not be considered for exemption at any case.
There is no prospect of considering
exemptions beyond the maximum available hence no claim should
be filed in this respect.
EXEMPTIONS CLAIM
Students
desiring to avail exemptions should file their
exemption claim on the prescribed Exemption
Form or its copy along with the
fees and attested copies of Degree/Certificate
and Transcript/Mark Sheet of the qualification
on the basis of which exemption is sought.
The
claim for exemption should be filed immediately
on registration but not later than January
31st for those appearing in Summer Examination
and by July 31st in
case of Winter Examination.
Exemptions
are optional. Those who do not want to avail
exemption can do so without any formality.
Exemptions
are allowed according to the policy enforce
at the time of grant of exemption for which
PIPFA issues Exemption Certificates as evidence
of acceptance of exemption claim.
PRE-EVALUATION OF EXEMPTION
Candidates can get their eligibility for exemption
pre-evaluated before actual enrollment or registration
with PIPFA. For the purpose they should send transcripts/marks-sheets
of their qualifications to PIPFA Head Office.
They should also submit details of course contents
where the course coverage is not very explicit
from the transcripts/marks-sheets. Pre-evaluation
is suggested particularly in the cases of MBA/
M. Com/BBA qualified persons.
