ICAI Commerce Wizard 2021-22 (Talent Search Test) is scheduled to be held on 16/01/2022 (Level 1) and 30/01/2022 (Level 2). Registrations are open for students of Classes 9th,10th, 11th, 12th and Graduation (B.Com/ BBA/ BMS/ Allied Subjects), i.e. those who are eligible to participate.
The test will comprise of objective type multiple choice questions (MCQs). The participants are required to answer all the questions compulsory. Each question carry 1 mark, subject to negative marking of .25 mark for each wrong answer. However there will be no negative marking for any un-attempted question(s). Participants need to remember/ store safely the login details generated at the time of registration. Also, it’s important that participants should login 15 minutes before the test starts. Participants are advised to first refer the detailed Instructions for Registration.
The Committee for Career Counselling (CCC) of ICAI organises this Talent Search Test, also called as ICAI Commerce Wizard (ICW), which is a diagnostic test for evaluating student’s ability and conceptual understanding. Commerce Wizard test is conducted in English Language for two levels i.e. Level I and Level II.
A Registration Fee of Rs. 100/- is applicable upto 05/01/2022 and thereafter a late fee of Rs. 150/- is applicable upto the last date of registration, i.e. 12/01/2022 (upto 02:00 PM).
ICAI will award cash prizes of Rs. 100000, Rs. 50000 and Rs. 25000 to participants declared as First, Second and Third in the commerce wizard test 2021-22, respectively. Further, there will be 200 consolation prizes of Rs. 500 each for top scoring participants. Besides, all participants are eligible to get a Participation Certificate issued by the ICAI.
ICAI Announcement dt. 04/01/2022: Commerce Wizard Test 2021
Tentative Schedule of ICAI Commerce Wizard Talent Test 2021-22*
| Events | Date/ Time: Fee |
| Last date for Online Registration without late fee | Upto 05/01/2022: Rs. 100/- |
| Last date for Online Registration with late fees | 06/01/2022 to 12/01/2022 upto 02:00 PM: Rs. 150/- |
| Date/ Time for First Level of Commerce Wizard Test (Online test) | 16/01/2022 (Sunday) 09:00 AM to 10.00 AM (Class IX) 11:00 AM to 12.00 NOON (Class X) 01:00 PM to 02:00 PM (Class XI) 03:00 PM to 04:00 PM (Class XII) 05:00 PM to 06:00 PM (B.Com/ BBA/ BMS/ Allied Subjects) |
| Date/ Time for Second Level of Commerce Wizard Test (Online Mode in the designed Test Centre) | 30/01/2022 (Sunday) 09:00 AM to 10.00 AM (Class IX) 11:00 AM to 12.00 NOON (Class X) 01:00 PM to 02:00 PM (Class XI) 03:00 PM to 04:00 PM (Class XII) 05:00 PM to 06:00 PM (B.Com/ BBA/ BMS/ Allied Subjects) |
*Note: Above schedule is tentative and subject to change in case of any unforeseen eventuality. Please check the ICAI website for updated/ final information.
Last but not the least is to match the system requirements for taking the commerce wizard test properly. Participants can use Windows 7/ 8/ 8.1/ 10 or later version as Operating System, Intel Pentium 4 or later version (SSE2 capable) as Processor, Minimum 2 GB RAM, Google Chrome Browser and Minimum Internet Speed of 2 Mbps.
Syllabus of the ICAI Commerce Wizard (ICW) 2021-22
The syllabus applicable for the ICAI Commerce Wizard Talent Search Test 2021-22, can be accessed from the following links:
| Syllabus of ICW |
| For Class IX Students |
| For Class X Students |
| For Class XI Students |
| For Class XII Students |
| For Graduation (B.Com/ BBA/ BMS and Allied Subjects) Students |
Sample Papers for ICAI Commerce Wizard (ICW) 2021-22
For help and guidance of the participants of ICAI Commerce Wizard 2021-22, the ICAI has made available sample papers, which may be referred to at the following links:
| Sample Papers of ICW |
| For Class IX Students |
| For Class X Students |
| For Class XI Students |
| For Class XII Students |
| For Graduation (B.Com/ BBA/ BMS and Allied Subjects) Students |
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ICAI Commerce Wizard Scholarship Scheme for the Wards of Military/ Para Military/ Railways Personnel
I didn’t receive any email confirming the registration.
You should check your Spam mails folder. May be the ICAI email is not delivered in your Inbox. In case no such mail landed in Spam folder also, then you should contact ICAI for further support/ guidelines.
What will happen with the prize money amount, if there are more than 1 or 2 rank holders on the first and/or second rank of the ICW?
Of course, the prize money will be equally distributed among such rank holders.
How do I prepare for the ICAI Commerce Wizard Test 2022?