As per a recent article in a leading newspaper, Final year BMS students who failed in Financial Management will be granted the benefit of 2 types of grace marks i.e. statutory grace marks and internal grace marks.
The rule of applying 2 types of grace marks will be allowed to all those with a minimum score of 9 and they will automatically clear the subject.
If a student has failed only in 1 subject, 1% of the aggregate score or 5 marks, whichever was lower, could be awarded to students. Additionally, 10 marks of internal grace score will also be granted.
For example, if a student has scored 11 marks, then 5 marks under the statutory gracing rule and 10 marks as internal grace score will be added, thus taking the overall score in financial management to 26.
Also one more provision is expected to be granted to students. If students take a re-exam, the higher score of either attempt must be considered in the result.
Students who have scored less than 9, will have to take the exam again. But under the credit system, they will get a class based on their scores and not the demeaning ‘pass class’ which earlier used to given to those who had earlier failed.