How to Pursue CA After Graduation?
The license to become a Chartered Accountant in India is generally granted by the Institute of Chartered Accountants in India (ICAI).
The CAs are basically required in many businesses and finance sectors in their Auditing, general management and administration, Fiscal Laws, Regulations, Taxation, and other strategic financial management departments. And they are really supposed to be very well versed with all this knowledge of the financial.
As a CA, you can work in the Government agencies, or in public or private sectors. The opportunities are truly endless and highly lucrative in this field.
Well, before becoming a successful CA, you need to know certain basics about the course, how to pursue it, where to apply, eligibility, and many other things.
In this blog, we would be discussing all these details to help you get a better understanding of how to pursue CA course after your graduation.
Becoming a CA after your Graduation
There are two ways of pursuing your CA.
- CA before Graduation, that is, after your 12th exams through CPT.
- CA after Graduation, where you get the CPT exemption.
Here we would be discussing the ways to pursue CA after your graduation. Basically, once you complete your graduation, under the Direct Entry Scheme introduced by the ICAI, you can simply appear for the Integrated Professional Competency Course (IPCC) without having the need to appear for the CPT.
Eligibility to become a CA after Graduation
Well, there is a certain eligibility criteria that all the candidates who wish to pursue their CA
career after graduation have to meet.
Here are is the eligibility criteria for pursuing CA after graduation:
- The candidates are required to have a minimum of 55% in their graduation or post
graduation if they come from the commerce field. And if they come from a different field
other than commerce such as Engineering, Biology, etc. then the required aggregate is a
minimum of 60%.
- The candidates would also be required to clear the Company Secretary Intermediate
level exams held by the Institute of Company secretaries of India or the Institute of Cost
Accountants of India.
- And candidates who are also in their final year of graduation can also apply for CA, with
a provision of submission of their final year mark sheets within six months.
Duration of CA course an Articleship
Actually the time to complete your CA course along with the final exam and articleship differs
from student to student.
However, the minimum duration is said to be of 3 years, wherein you can complete your IPCC
exams after 9 months of registration, and then pursue your articleship for another 2.5-3 years. Along with this, you are also required to complete 100 hours of IT Training and Orientation Course. And once you are done with all this, then finally you can appear for the CA final exam group 1 and group 2.
Fee Structure for CA
The fee structure for pursuing your CA after graduation ranges anywhere between 19000/- INR to 30000/- INR.
And this includes everything right from the Registration Charges, orientation fees, IT course fees and Article registration fees.
However, it is highly advisable that you check the official website of the college or the ICAI portal to know more about the varying fee structures.
Career Prospects of CA
Your career as a CA is certainly going to be glorious, as many companies need CA
professionals to help them manage their finances and their business altogether.
However, the most important roles for which the companies and businesses hire the CAs are
- Taxation specialist
- Research specialist
- Cost Accountant
- Finance manager
- Assets manager
- Investment banker
- Finance advisor
So, as you can see, a career in this field is definitely going to be a lucrative one considering the
rigorous and practical training one has to go through. There is certainly a huge demand for CAs
in every company or business.
And if you are looking for really good quality training and education on this topic, who can help
you learn the basics of all the topics included in the CA syllabus, along with the focus on conceptual understanding of them and even more emphasis on a practical approach, then you must really opt for the Wisdom Academy’s CA course to help you with nothing but the best.