Are you someone who is keen to learn about how different businesses work? Does finance excite you? Do you want to take up a challenging career in finance rather than the same old jobs?
If you are looking for a career that lets you work in the finance and business industry, then Chartered Accountancy is one career option you can consider. Lately, CA has become one of the most sought-after career choices in India. CA opens up many opportunities for an individual and is a highly regarded and rewarding profession.
If you want to know more about this career, read this blog and find out all the details about how to become a Chartered Accountant, the education and skills required, the salary you can expect, and a lot more. Read on!
A Chartered Accountant (CA) is an internationally recognized financial expert who oversees client budgets, audits, taxes, and business plans. You can work for organizations, the government, and people as a CA. Your role is to assist clients with money management and offer knowledgeable financial advice. A person with the title of a chartered accountant is qualified to provide financial advice and maintain financial records.
Also read: How to become a CFO after 12th in India
You can pursue Chartered Accountancy after 12th irrespective of your background. Most often, students from the Commerce stream pursue Chartered Accountant courses because they have a knack for the core subjects such as accounting. Therefore, it is preferable if you choose Commerce after 10th.
To become a Chartered Accountant you need to take the CA Foundation, CA Intermediate, and CA Final exams. Here’s detailed information about each of the courses and everything you need to know to prepare for the exams.
If you are keen on learning about these topics, want hands-on exposure, and want to know more about how to become a Chartered Accountant, check out Clever Harvey’s JuniorMBA Chief Financial Officer program.
How To Become A Chartered Accountant After 10th
After completing the 10th-grade exams, you can take provisional admission to the Institute of Chartered Accountants of India. You can opt for any stream after 10th, although it is best to take Commerce as it teaches you a lot of basic concepts that will be beneficial for you as you prepare for the CA examinations. If you want to know how to become a Chartered Accountant, here are a few Diploma Courses that you can take.
| Course Name | Duration |
| Diploma in Financial Accounting | 10-15 hours |
| Diploma in Decision Making using Financial Accounting | 15-20 hours |
| Diploma in Effective Bookkeeping and Payroll | 10-15 hours |
After completing the 12th standard examinations, the provisional admission that you took after 10th will get regularized. You can start with the Common Proficiency Test and the CA foundation course. After 9 months you shall be eligible to appear for the Integrated Professional Competence Course. If you want to know how to become a Chartered Accountant, here are a few Undergraduate Courses that you can take in India.
| Courses | Duration |
| Bachelor of Commerce | 3 years |
| Bachelors of Business Administration | 3 years |
| Bachelors of Arts | 3 years |
| Bachelor of Law (LLB) | 3 years |
Know more: How to become a Chief Revenue Officer – Detailed guide
There are no specific courses for Chartered Accountants abroad. Although, you need to complete the two-year CA program and obtain a bachelor’s degree.
Try to pick a course that would help you understand the basics of accounting and bookkeeping since these will prove to be beneficial skills for your career as a Chartered Accountant. If you want to know how to become a Chartered Accountant, here are a few Undergraduate Courses that you can take abroad.
Learn more: How to become an IFS Officer
Candidates enrolled in the Chartered Accountancy program must complete three years of practical training; else, the CA course will be incomplete. After clearing one or both sets of CA Intermediate, a candidate can register for an articleship. Candidates must finish the Advanced Integrated Course on Information Technology and Soft Skills (AICITSS) during the last two years of their study before taking the CA Final examinations. However, the program lasts three years, and candidates can sit for CA Final exams during the last six months of their course.
A candidate who has completed articleship training and passed both groups of the CA Final exam is qualified to join the Institute of Chartered Accountants of India (ICAI).
If you are keen on learning about these topics, want hands-on exposure, and want to know more about how to become a Chartered Accountant, check out the Clever Harvey Junior MBA-Entrepreneurship course.
Here are important skills and qualities to have to be successful in your career as a chartered accountant:
The average annual pay for a Chartered Accountant is INR 3-6 lakhs, but depending on their ability, it may be as high as INR 40-60 lakhs.
The average remuneration in the ICAI’s placement program in 2021 was INR 8.4 lakhs.
| Country | Salary |
| USA | $80k |
| Dubai | AED119k |
| UK | £35.9k |
| India | ₹797.6k |
| Australia | AU$70.9k |
That’s all you need to know about how to become a Chartered Accountant and everything you will need to know right from the skills to the different job opportunities you can get as a CA. We hope this blog was helpful to you and you found all the answers you had about being a CA. Good luck!
The CA (Chartered Accountancy) program lasts for five years. Although it depends on the number of attempts you take to clear the examination.
Non-commerce graduation or post-graduation with a minimum cutoff of 60% Intermediate level from the Institute of Cost Accountants of India or The Institute of Company Secretaries of India. Commerce graduation or post-graduation with a minimum cutoff of 55%.
In India, the annual average wage is between INR 6-7 lakhs. The typical salary for a CA might range from INR 40 to 60 lakhs, depending on his qualifications and experience. He might make INR 75 lakh per year if he receives an international appointment. The average pay for a CA was INR 8.4 lakhs at the most recent ICAI placement.
One of the most sought-after careers in commerce without math’s is chartered accounting. The fact that you may pursue this professional path without studying math’s in the 12th grade is fantastic.
The subjects taught are the following:
Accounts
Advance Accounts
Audit
Economics
Finance Management
Enterprise Information System
Law
Strategic Management
Taxation
A chartered accountant must work an average of 8 to 9 hours every day.
Even students can pass the exam because of how the syllabus is designed. However, it is still regarded as one of the most difficult exams to pass in India. That is actually a result of the students’ insufficient coaching and high expectations, poor learning strategies, and poor learning environment.
The average annual pay for a Chartered Accountant is INR 3-6 lakhs, but depending on their ability, it may be as high as INR 40-60 lakhs.
It is preferable if you opt for the Commerce field since it has subjects such as accounting and bookkeeping.
For this course, you must have successfully completed level 2 and two and a half years of Articleship. To become a CA, you must pass the CA final test after completing the course and your Articleship. Chartered accountants in India are governed by the Institute of Chart
Embarking on a journey as a content writer requires passion, persistence, and continuous learning. With the increasing digitalization of businesses, the demand for skilled content writers is on the rise. Dive in, keep writing, and you’ll carve your niche in no time!
Delve deep into the mysteries of the oceans and uncover the secrets of its inhabitants. If the world beneath the waves intrigues you, a career as a marine biologist awaits. Discover the path to explore and study marine organisms and their fascinating world.
Dive into the world of event planning with our comprehensive guide. From understanding the role to building skills and networking, discover how to start your journey in creating memorable events.
© Callido Learning Private Limited All rights reserved 2021
