The tension that grips students at exam time reaches another level when the results are announced. And that was palpable on the faces of students of Institute of Chartered Accountants of India (ICAI) on Tuesday when they eagerly awaited the CA final and Common Proficiency Test (CPT) results.

From the various centres in Ahmedabad, 2,812 students appeared for the CA final examination held in May, 2011 and 3,289 for the CPT examination held in June, 2011. Students with new course took the May exams. All the students of the old course who failed to clear the November 2010 exams appeared in May this year under the new course structure.

Of the 1,34,733 students who sat for the exam from across the country, 652 (23.19%) students passed the CA final from Ahmedabad and 38,628 (28.67%) cleared the exam at the all India level. Among the 50 ranks secured at the national level, five students from Ahmedabad made it to the elite list. This apart, a student who studied in Ahmedabad, but appeared for the exam from Udaipur centre, also secured a rank.

All the six students who secured ranks cleared the examination at the first attempt with majority having secured ranks in the Integrated Professional Competence Examinations (IPCC) as well.

Under the CPT examination held in June, 2011, 36.3% students cleared the examination from the Ahmedabad centre as compared to 33.31% students who passed the examination at the all India level from among the 1,39,226 students who appeared.

The result was an improvement on the December 2010 exams when the pass percentage was 29.48% from Ahmedabad and 25.99% nationally. From among the 10 ranks at the national level, two Amdavadis - Akshi Jain and Manojkumar Shah - secured sixth and eighth rank respectively.

Devang Doctor, chairman, Ahmedabad branch ICAI said, "It is not possible to compare the final results of May, 2011 with the earlier attempts as till November, 2010 both the old and new course structures existed. The new course curriculum has surely helped students. The institute will also conduct a placement programme in August for the students."

Terming the new course as a medium for students to sharpen their skills, Mehul Thakkar, partner, Knowledge Academy said, "Students will be able to relate the academic knowledge with practical experience. The result at our institute has been good." Evidently, the joy of parents' whose children had passed knew no bounds. Madhulatha Saraf, mother of Naman who secured a rank at final, said, "I feel on top of the world. I want to share this joy with family and friends."

Dilip Shah, also a CA, was very proud when his daughter Ruchita also cleared the final. He said, "I am really happy and feel that the family background with many CAs proved to be good support for Ruchita."