The Institute of Company Secretaries of India (ICSI), New Delhi is going to introduce Open Book Examination (OBE) for elective subjects (Paper-9) in module III of professional programme from June 2014.
Professional programme offers 5 elective subjects:
• Banking Law and Practice
• Capital Commodity and Money Market
• Insurance Law and Practice
• Intellectual Property Rights - Law and Practice
• International Business - Laws and Practices
The students will have to choose only one subject out of these 5 as per the interest, capability and career goal. However, the other subjects will be tested following the traditional examination pattern only.
The Open Book assessment is introduced with an aim to develop skills of creative thinking, problem solving and decision making among students of professional programmes. In addition, the examination will also assess the analytical ability, deep understanding of facts, conceptual knowledge and mastery of the selected subject.
To attempt the answers in Open Book examination the students will be allowed to refer their study material, class notes, textbooks, Bare Acts and other relevant papers.
The stress is laid on Application based knowledge and discouraging rote or mugging form of learning habit.
• The new examination pattern would consist of 6 questions in each question Paper which will carry 100 marks in total.
• Question 1 will be for 50 marks which candidate need to attempt by framing an answer of 3000-4000 words.
• Question 2 will be of 30 marks, based on the study of regulatory framework related to the subject
• Question 3, 4, 5 and 6 will be of 5 marks each which may cover imperative topics of the syllabus.
The students will not be permitted to exchange notes during the examination nor will they be allowed to discuss or talk to anyone while attempting answers.