Examinations are normally held in the first fortnight of March every year at Mumbai, New Delhi, Kolkata, Chennai, Cochin, Vasco-da-Gama, Ahmedabad, Gandhidham and any other cities and centres in India or abroad wherever a minimum of 10 candidates opt to take up the examination.

Each subject for the examination carries 100 marks and the candidates should secure a minimum of 50% of the marks in each subject for passing the examinations.

Candidates who pass in a minimum of three subjects in the first year examination would be allowed to keep terms (ATKT) for the final year courses subject to payment of prescribed ATKT fees.

Failed candidates are exempted from appearing for examinations in those subjects in which they could secure 50 per cent or more marks in earlier attempts. These exemptions are valid only for a period of 5 years from the date of their respective examinations.

No other exemptions are given in any subject based on any special qualification or experience, etc. held by the candidates.