What are the fields available besides Chartered Accountancy?
There are options such as business journalism, hotel management, defence or civil services too.india Updated: May 25, 2006 11:40 IST
I am currently studying in class 12th (commerce stream) and want to be a Chartered Accountant. I want to know the institutes providing education for the same and minimum percentage required to get admission in reputed institutes. Also I want to know about the various fields available besides Chartered Accountancy?
The CA course is conducted by the Institute of Chartered Accountants of India, which has its headquarters at New Delhi. It has five regional offices at Bombay, Calcutta, Madras, Kanpur and New Delhi with 81 branch offices across the country.
The CA programme has three sections, Professional Education (course-I), Professional Education (course-II) and Final examination. Once you have completed Class XII you can register for the CA programme.
The registration for Professional Education Course-I & Course II is open throughout the year. A student may register at any time during the year. As the course is conducted through postal tuition you can also take up graduation in commerce or any other subject alongside.
If you take up CA after B Com you will be exempt from the PE1 if you have a minimum of 50%. The PE II course is of 10 months, during which you will also have to complete 250 hours of computer training which is compulsory to begin your articleship.
After passing the PE II exam you will have to register as an articled clerk for a minimum of three years practical training with a certified CA. Articleship requires working for the whole day under supervision, and also includes a year of industrial training.
You then take the Final exam after completing the practical training of 3 years. You will also have to undergo a programme on General Management and Communication Skills to apply for membership of the ICAI. Check the website for more details
Other than CA, a commerce student can take up any course in finance or economics, law, insurance, banking or management. There are also other options such as business journalism, hotel management, defence or civil services too.