The Institute of Company Secretaries of India (ICSI) is soon to introduce its Open Book Examination (OBE) that will be conducted for 5 elective subjects as follows: Banking, Insurance, Intellectual Property Rights, International Business (all law and practice) and Capital and Commodity and Money market on a trial basis in June 2014.

Before launching out full-fledge OBE programme for all subjects, the ICSI President, R Sridharan has announced that in the beginning the OBE will be conducted only on Trial bases.

He added that OBE is not easy as thought to be and the examinee will have to extensively read the topic before writing in the examination. With this the exam will also instill skills of creative thinking, problem solving and decision making in the minds of students.

From June 2014, the computer-based exam for its foundation students will be introduced and students from then on will be assessed through multiple-choice questions, he explained.