Learn about the IBBI Examination requirement.
Successful completion of the IBBI examination is a prerequisite to becoming a registered valuer.
For more information, please refer to Rule 5 of the Companies (Registered Valuers and Valuation) Rules, 2017.
Yes. The Companies (Registered Valuers and Valuation) Rules, 2017 have been notified on October 18, 2017. Further, vide notification dated October 23, 2017, the Ministry of Corporate Affairs (MCA) has delegated the powers and functions pertaining to Registered Valuers, as mentioned in Section 247 of the Companies Act, 2013, to the Insolvency and Bankruptcy Board of India (IBBI). This examination is mandated under section 247 read with sections 458 and 469 of the Companies Act, 2013 (18 of 2013). It is one of the mandatory conditions for registration as a Registered Valuer with Insolvency and Bankruptcy Board of India (IBBI).
You need to go through three stages for taking the examination and follow instructions given on the screen at every stage.
Please visit this page, click on the relevant asset class, and Click on 'Register/Enrol for Exam' button. You will be taken to "Candidate registration form". Please provide your email address and identity details, set a password, upload your photograph and scan copies of documents and then submit the form online. This is a one-time registration. Hereafter, you can access the examination system with your user id which is your email address and the password you have set at the time of registration. You can change the password whenever you like.
You decide when you would like to take the examination. Then visit this page to enrol yourself for the examination. You need to select 'IBBI-Valuation Examination', click on the relevant asset class, Click on "Register/Enrol Online" link and access the system with user ID created in Stage I to choose the time and the day when you would like to take the examination and also choose the examination centre from where you would like to take the examination. After selecting time, day and centre, please pay examination fee of Rs.1500 online by using Credit Card / Debit Card / Net Banking. Thereafter, you can download your Admit Card for the examination.
Please carry your Printout of Admit Card, original PAN Card/Aadhar Card/Passport and arrive 30 minutes before the scheduled time at the examination centre. Please note that without the Admit Card and the Original Photo Identity proof (mentioned above), candidate/s shall not be permitted to appear for the Examination.
If you do not pass the examination and wish to take the examination again, you need to repeat stage II and stage III, as many times as you wish.
The Valuation Examination is conducted for 3 asset classes namely Financial Assets or Securities, Land and Building, and Plant and Machinery.
Individuals appearing for Financial Assets or Securities category will get 93 questions to answer: 86 questions will be of 1 mark each and 7 questions of 2 marks each.
Individuals appearing for Land and Building category will get a total of 94 questions: 88 questions will be of 1 mark each and 6 questions of 2 mark each.
Individuals appearing for Plant and Machinery category will get 100 questions of 1 mark each.
You need to answer these questions in 2 hours as per the category you appear for. You need to select correct answer among these and a correct answer gives you the marks assigned to the question. A wrong answer attracts a negative mark of 25% of the marks assigned to the question.
If you do not submit the answer paper earlier, the paper will be auto submitted by the system on expiry of two hours. Immediately on submission of the answer paper or expiry of two hours, whichever is earlier, a temporary mark sheet would be displayed on the computer screen indicating the marks you have scored in the examination.
You need to score 60% to pass the examination.
The examination is based on the syllabus notified by the IBBI on its website.
Please visit the IBBI website and click on the relevant asset class to find out more about the syllabus. For eligibility and registration, please visit this page to check the Companies (Registered Valuers and Valuation) Rules, 2017 under Rules.
You need to be thorough on every part of the syllabus. IBBI does not provide any study material or workbook for the examination. You may use the books or other resources available on the subject.
As per the structure of examination there are 93 questions for Financial Assets or Securities of which 7 questions are based on two case studies, which appears as two cohesive groups in your exam paper. For Land and Building there are 94 questions of which 6 questions are based on one case study which appear as one cohesive group and then for Plant and Machinery there are 100 questions of which 6 are based on one case study which appear as one cohesive group. As the computer system draws these questions based on case study as a set, these appear as a single question and the testing platform only displays the count of single questions attempted, but when the sub questions of the case study are taken into account, you would have received a total of 93, 94 or 100 respectively multiple-choice questions in your examination.
You can appear for the examination any number of times till you clear the exam. However, you have to enrol yourself afresh and pay the examination fee for each enrolment.
You need to pay a fee of INR1,500 (Rupees One Thousand and Five Hundred only) with every enrolment. You need to pay the fee online by using Credit Card / Debit Card / Net Banking.
On submission of the answer paper, you would see your score on the computer screen. You would be issued a pass certificate, if you have secured 60 marks or above, by the IBBI within 30 days of the examination.
The certificate is valid for three years from the date of passing the examination.
You will be eligible to apply for registration as a Registered Valuer with the temporary mark sheet. You need not wait to get the pass certificate from the IBBI.
Please follow the given below guidance to apply for registration after passing the examination:
t +91 124 459 5400