Chartered Accountants are qualified to monitor a company’s finances, provide financial feedback and suggestions. They deal with four areas — taxation, financial accounting and reporting, applied finance, and management accounting.
Personal Competencies
You pay attention to details while working
You can keep accurate records of expenses and income
You like to work with numbers
You like to solve problems
Entry Pathway
1. Complete 10+2 in the Commerce or Science stream (Physics, Chemistry and Biology)
2. Pursue Bachelor’s in Commerce or any related subject
OR Pursue Bachelor’s degree followed by a Master’s degree in the same or allied field
3. Enrol and qualify for the Foundation Course → Join Intermediate Course → Undergo four-weeks integrated course on Information Technology and Soft Skills (ICITSS) → Qualify Intermediate examination → Join 3-year article training → Enrol for CA final course → Complete 4-week Advanced Integrated Course on Information Technology and Soft Skills (AICITSS) → Take the Final exam → Register as member of ICAI to be designated as Chartered Accountant (You can choose to take this pathway after 10+2 or your undergraduate course)
Please check the duration of the course during enrolment
Where will you study?
The course is offered by the Department of Commerce. This list of institutes is indicative only
Government Institutes 1. University of Lucknow 2. University of Mumbai 3. Osmania University, Hyderabad 4. University of Allahabad Allahabad 5. Devi Ahilya Vishwavidyalaya, Indore 6. Bangalore University, Bangalore 7. Burdwan University, West Bengal 8. Maharaja Sayajirao University of Baroda, Vadodara
Private Institutes (Please check if Institute is affiliated and accredited with UGC before applying) 1. J.D. Birla Institute, Kolkata 2. St. Xavier's College, Kolkata 3. Christ University, Bangalore 4. Chandigarh University 5. Birla Institute of Technology and Science, Rajasthan 6. Galgotias University, Noida 7. Vellore Institute of Technology, Vellore, Tamil Nadu 8. Nirma University, Ahmedabad
*NPTEL stands for National Programme on Technology Enhanced Learning. It is by the Government of India and offers a variety of courses in an audio-video form
Fees
The approx. course fee ranges between INR 1,00,000 - 3,00,000*
*(The above-mentioned figures are approximate numbers. This will vary from Institute to Institute)
Scholarships & Loans
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes* • Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI* • Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA) • Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc. • All banks give education loans
Where will you work?
Places of Work: Chartered Accounting Firms, Business Consultancies, Companies across private and public sector
Entrepreneurship: You can start your own consultancy
Work Environment: It is a desk job. You may not handle a team. Local travel is not a part of this job role. You will have to work for 5 to 6 days a week and 10 to 12 hours every day. This may vary from organization to organization
Opportunities for work exist for differently abled in this field
Naina Lal Kidwai is a CA by profession. She studied Economics from the University of Delhi and MBA from Harvard Business School. Kidwai is the recipient of several awards and honours including the Padma Shri for her contribution to trade and industry. She is engaged with institutions in environment, water and sanitation and has authored three books.*
Chartered Accountant
NCS Code: N/A | BFSI051. Complete 10+2 in the Commerce or Science stream (Physics, Chemistry and Biology)
2. Pursue Bachelor’s in Commerce or any related subject
OR Pursue Bachelor’s degree followed by a Master’s degree in the same or allied field
3. Enrol and qualify for the Foundation Course → Join Intermediate Course → Undergo four-weeks integrated course on Information Technology and Soft Skills (ICITSS) → Qualify Intermediate examination → Join 3-year article training → Enrol for CA final course → Complete 4-week Advanced Integrated Course on Information Technology and Soft Skills (AICITSS) → Take the Final exam → Register as member of ICAI to be designated as Chartered Accountant (You can choose to take this pathway after 10+2 or your undergraduate course)
Please check the duration of the course during enrolment
The course is offered by the Department of Commerce.
This list of institutes is indicative only
Government Institutes
1. University of Lucknow
2. University of Mumbai
3. Osmania University, Hyderabad
4. University of Allahabad Allahabad
5. Devi Ahilya Vishwavidyalaya, Indore
6. Bangalore University, Bangalore
7. Burdwan University, West Bengal
8. Maharaja Sayajirao University of Baroda, Vadodara
Private Institutes
(Please check if Institute is affiliated and accredited with UGC before applying)
1. J.D. Birla Institute, Kolkata
2. St. Xavier's College, Kolkata
3. Christ University, Bangalore
4. Chandigarh University
5. Birla Institute of Technology and Science, Rajasthan
6. Galgotias University, Noida
7. Vellore Institute of Technology, Vellore, Tamil Nadu
8. Nirma University, Ahmedabad
Information on the institute rankings can be found at - https://www.nirfindia.org/2022/Ranking.html
Distance learning Institute
Indira Gandhi National Open University (IGNOU)
Online Courses
• NPTEL* Swayam: https://swayam.gov.in/explorer?searchText=commerce
*NPTEL stands for National Programme on Technology Enhanced Learning. It is by the Government of India and offers a variety of courses in an audio-video form
The approx. course fee ranges between INR 1,00,000 - 3,00,000*
*(The above-mentioned figures are approximate numbers. This will vary from Institute to Institute)
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes*
• Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI*
• Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA)
• Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc.
• All banks give education loans
Places of Work: Chartered Accounting Firms, Business Consultancies, Companies across private and public sector
Entrepreneurship: You can start your own consultancy
Work Environment: It is a desk job. You may not handle a team. Local travel is not a part of this job role. You will have to work for 5 to 6 days a week and 10 to 12 hours every day. This may vary from organization to organization
Opportunities for work exist for differently abled in this field
Chartered Accountant → Certified Public Accountant/Accountant → Chief Financial Officer/Financial Controller/Accounting Manager
The approx. salary of a Chartered Accountant ranges between INR 50,000 - 2,00,000* or more per month.
Source: https://www.payscale.com/research/IN/Job=Chartered_Accountant/Salary
*These figures are indicative and subject to change
Experts from the field
Naina Lal Kidwai is a CA by profession. She studied Economics from the University of Delhi and MBA from Harvard Business School. Kidwai is the recipient of several awards and honours including the Padma Shri for her contribution to trade and industry. She is engaged with institutions in environment, water and sanitation and has authored three books.*
Source: https://www.rothschildandco.com/en/newsroom/press-releases/2022/02/randco-appoints-naina-lal-kidwai-senior-adviser-india/
*The above information is for training purposes only and will not be used for any commercial gains
chartered accountant, accounts executive, finance analyst