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Table Contents
1. Common Proficiency Test (CPT)
2. Process to do CA after B.com
3. CA course details & Exam Syllabus
4. Top Colleges for Chartered Accountancy
5. Chartered Accountancy Career
6. B.Com (Bachelor of Commerce)
7. B.com Course duration
8. Top B.com Colleges in India
9. Career opportunities in B.Com
Its good to hear that you have been planning to go for CA after b com , And Congrats for completing your B.com.
CA is the best career option for the Commerce students and hence many students after their commerce plan to make a career in the CA. Students who have an interest in the Accounting and Auditing they can make a good career in the CA field.
The Chartered Accountancy (CA) Direct Entry Scheme is a program offered by the Institute of Chartered Accountants of India (ICAI) that allows graduates with a degree in Commerce, Economics, or Business Administration to become Chartered Accountants without having to complete the full CA curriculum.
Candidates can apply for the Direct Entry Scheme after graduation and they will be required to complete a certain number of practical training hours and pass a final examination to become a Chartered Accountant.
In order to make a career in the CA students were needed to register with the Institute of Chartered Accountants of India (ICAI) and then were supposed to give a CPT exam. This was the way for the student who has completed a Graudation degree was also supposed to give a CPT exam which consumed a lot of time of the student and so many of the Graduate students they didn't go for the CA option and preferred to make a career in MBA.
But ICAI institute from August 2012 introduced a direct entry scheme for the students who have completed their Graduation or who are going to complete can apply for the CA course through the Direct Entry Scheme. Under this scheme a student who has completed Graduation from Commerce need to have at least 55% marks in the graduation and should have studied any 3 subjects of 100 marks each - Accounting,Auditing,Costing, Taxation, Management Accounting, Business Administration. Through Direct Entry Scheme student do not need to give a CPT exam and gets directly admitted for the IPCC group. After taking an admission under the Direct Entry Scheme a student can complete the CA course in 3 to 4 years. Whereas you also consider the 3 years of Internship. If we count together it will take around 5 - 6 years to complete the CA course.
About Common Proficiency Test (CPT)
The Common Proficiency Test (CPT) is an entry-level examination for students who wish to become Chartered Accountants in India. It is conducted by the Institute of Chartered Accountants of India (ICAI) .
The test is of objective type and consists of multiple-choice questions. It is divided into four sections: Fundamentals of Accounting, Mercantile Laws, General Economics, and Quantitative Aptitude.
1. Fundamentals of Accounting covers basic accounting concepts and principles.
2. Mercantile Laws covers the Indian Contract Act, the Sale of Goods Act, and the Indian Partnership Act.
3. General Economics covers micro and macroeconomic concepts.
4. Quantitative Aptitude covers basic mathematical concepts and problem-solving.
Candidates who pass the CPT are eligible to register for the Integrated Professional Competence Course (IPCC) and move to the next level of the chartered accountant after bcom program.
The CPT is conducted twice a year, in June and December. The duration of the exam is 4 hours and it is held in the morning and afternoon sessions.
The eligibility criteria to appear for CPT is that the candidate should have passed 10th standard examination or equivalent and should be registered for the Common Proficiency Course (CPC) with the Board of Studies of the Institute of Chartered Accountants of India (CA after bcom) .
Step-By-Step Process to do CA after B.com
After completing a Bachelor of Commerce (BCom) degree, you can become a (CA after bcom) by following the following steps:
1. Register for the Common Proficiency Test (CPT) conducted by the Institute of Chartered Accountants of India (ICAI).
2. Clear the CPT and then register for the Integrated Professional Competence Course (IPCC).
3. Clear the IPCC and then register for the practical training (Articleship) which is mandatory for a period of 3 years.
4. After completing the Articleship, you will be eligible to appear for the final CA examination.
5. Clear the final CA exam, and if you have completed your articleship, you will be awarded the Chartered Accountant certificate by the ICAI
6. You can also opt for Direct Entry Scheme after graduation in Commerce, Economics, or Business Administration.
CA course details & Exam Syllabus
Common Proficiency Test (CPT) - After bcom CA course details, the CPT is the entry-level exam for students who wish to become Chartered Accountants in India.
1. It covers the following subjects: Fundamentals of Accounting, Mercantile Laws, General Economics, and Quantitative Aptitude.
The Institute of chartered accountant after bcom in India (ICAI) is the main authority responsible for conducting the Chartered Accountancy (CA) program in India and it does not have any affiliated colleges.
2. Integrated Professional Competence Course (IPCC): The IPCC is the second level of the CA program. It covers the following subjects:
Accounting, Business Laws, Ethics and Communication, Taxation, Advanced Accounting, Auditing and Assurance, and Information Technology and Strategic Management.
3. Final CA Exam: The final CA exam is the third and final level of the CA program. It covers the following subjects:
Financial Reporting, Strategic Financial Management, Advanced Auditing and Professional Ethics, Corporate and Economic Laws, and elective papers.
After bcom CA course details, the syllabus for each level of the CA exam is designed to provide students with a comprehensive understanding of the various aspects of accounting and finance also you can do CA after bcom, as well as the laws and regulations that govern the profession.
The syllabus is regularly updated to keep pace with the changing business and economic environment. You can check the ICAI website for the most recent syllabus and also the study materials provided by the ICAI for CA after bcom.
Top Colleges for Chartered Accountancy (CA)
The Institute of Chartered Accountants of India (ICAI) is the main authority responsible for conducting the Chartered Accountancy (CA) program and you can do (CA after bcom) in India and it does not have any affiliated colleges.
However, there are many institutions that offer coaching and training for the CA program can do CA after bcom, such as:
1. ICAI Campus, Delhi
2. ICAI Bhawan, Mumbai
3. ICAI Bhawan, Kolkata
4. ICAI Bhawan, Chennai
5. ICAI Bhawan, Hyderabad
6. ICAI Bhawan, Pune
7. ICAI Bhawan, Bengaluru
8. ICAI Bhawan, Ahmedabad
9. ICAI Bhawan, Jaipur
10. ICAI Bhawan, Bhopal
Chartered Accountancy
Becoming a Chartered Accountancy (CA) Career opens up a wide range of career opportunities . Some of the popular career options for chartered accountant after bcom (CA) include:
1. Auditing: Chartered Accountant (CA) can work as auditors for various organizations and can do chartered accountant after bcom , both in the private and public sector.
They are responsible for checking the accuracy of financial statements and ensuring that the company is following accounting regulations and laws.
2. Taxation: Chartered Accountant (CA) can specialize in tax consulting and provide advice on tax planning, tax compliance, and tax-saving strategies to individuals and organizations.
3. Financial Consulting: Chartered Accountant (CA) can provide financial advice and consulting services to organizations and individuals on various financial matters such as investment, budgeting, and financial planning.
4. Corporate Finance: Chartered Accountant (CA) can work in corporate finance and be involved in activities such as mergers and acquisitions, project finance, and financial analysis.
5. Investment Banking: Investment Banking: Chartered Accountant (CA) can work in investment banking and be involved in activities such as underwriting, issuing and selling securities, and providing financial advice to companies and governments.
6. Forensic Accounting: Chartered Accountant (CA) can specialize in forensic accounting and be involved in investigating and solving financial crimes such as fraud, embezzlement, and money laundering.
7. Public Accounting:Chartered Accountant (CA) can work in public accounting firms and provide accounting, auditing, and tax services to various clients.
8. Internal Auditing: Chartered Accountant (CA) can work as internal auditors within organizations, responsible for the internal audit function and ensuring the financial records are accurate and comply with laws and regulations.
9. Entrepreneurship: ManyChartered Accountant (CA) start their own accounting and consulting firms, providing services to clients in various industries.
The career opportunities are vast, it depends on the individual's interests, skills, and experience.
A CA can work in various industries such as finance, banking, manufacturing, consulting, and more.
B.Com (Bachelor of Commerce)
B.Com, or Bachelor of Commerce, is an undergraduate degree program that typically takes three years to complete. It is a popular course of study for students who are interested in pursuing a career in business or commerce.
The curriculum of a B.Com program usually includes courses in accounting, finance, business management, economics, and marketing.
Some of the subjects that are typically covered in a B.Com program include:
1. Financial Accounting: This course covers the principles and concepts of financial accounting, including the preparation of financial statements.
2. Cost Accounting: This course covers the principles and techniques of cost accounting, including the use of cost data for decision-making and control.
3. Management Accounting: This course covers the principles and techniques of management accounting, including budgeting, forecasting, and performance evaluation.
4. Taxation: This course covers the principles and practices of taxation, including the preparation and filing of tax returns.
5. Business Law: This course covers the legal principles and concepts that are relevant to businesses, including contracts, company law, and consumer protection.
6. Business Economics: This course covers the principles and concepts of economics that are relevant to businesses, including micro and macroeconomics.
7. Marketing: This course covers the principles and concepts of marketing, including market research, product development, and promotion.
In addition to these core subjects, B.Com students may also have the option to take elective courses in areas such as international business, e-commerce, or human resource management.
Course Duration of CA after B.com
CA course details & the duration of the B.Com (Bachelor of Commerce) degree program is typically three years in India. The program is usually divided into six semesters, with each semester lasting for a period of six months.
Some universities may have different duration of the program and it's advisable to check the duration of the program before enrolling.
During the B.Com program, students will be required to attend classes, complete assignments, and take exams. In addition to the core subjects, students may also have the option to take elective courses based on their interests and career goals.
After completing the program, students will be awarded the B.Com degree by the university they are studying in.
It's also worth mentioning that some universities in India offer B.Com (Hons) which is a 4 years program and it's an honours degree in commerce.
It is intended for students who wish to pursue a career in commerce or business-related fields do CA after bcom.
Top B.Com (Bachelor of Commerce) Colleges in India
There are many colleges and universities in India that offer the B.Com degree program. Some of the top B.Com colleges in India include:
1. Shri Ram College of Commerce (SRCC), Delhi: This is considered one of the top B.Com colleges in India and is affiliated with the University of Delhi.
2. Loyola College, Chennai: This college is affiliated with the University of Madras and is considered one of the best colleges for B.Com in South India.
3. Christ University, Bengaluru: This college is affiliated with Christ University and is considered one of the top B.Com colleges in KarnATAKA
4. St. Xavier's College, Mumbai: This college is affiliated with the University of Mumbai and is considered one of the top B.Com colleges in the western region of India.
5. Lady Shri Ram College for Women, Delhi: This college is affiliated with the University of Delhi and is considered one of the top B.Com colleges for women in India.
6. St. Joseph's College of Commerce, Bengaluru: This college is affiliated with the Bangalore University and is considered one of the top B.Com colleges in the city
7. Hansraj College, Delhi: This college is affiliated with the University of Delhi and is considered one of the top B.Com colleges in the city.
8. Fergusson College, Pune: This college is affiliated with the University of Pune and is considered one of the top B.Com colleges in the western region of India.
9. Symbiosis Society's College of Arts and Commerce, Pune: This college is affiliated with Symbiosis International University and is considered one of the top B.Com colleges in the western region of India.
10. Madras Christian College, Chennai: This college is affiliated with the University of Madras and is considered one of the top B.Com colleges in the southern region of India.
Career opportunities in B.Com (Bachelor of Commerce)
After completing a B.Com degree, students have several options for further studies or career paths ,They can choose (CA after bcom) . Some of the options include:
1. Higher education : B.Com students can pursue postgraduate studies such as an MBA, M.Com, or a Master's degree in a related field such as finance, accounting, economics, or marketing.
2. Professional courses: B.Com students can also opt for professional courses CA after bcom , CS, CMA, CFA, ICWA etc.
3. Government jobs: B.Com students can apply for various government jobs such as in the field of banking, insurance, railways, and other government organizations.
4. Banking: B.Com students can pursue a career in banking , including roles in retail banking, corporate banking, investment banking, and more.
5. Finance: B.Com students can work in the field of finance, including roles in accounting, financial analysis, financial planning and more.
6. Human Resource: B.Com students can pursue a career in Human Resource management
7. Entrepreneurship: B.Com students can start their own business or venture.
8. Retail and marketing:B.Com students can pursue a career in retail management and marketing.
9. Teaching: B.Com students can also opt for teaching jobs in schools, colleges and other educational institutes.
I hope you find this information useful and helpful.
Wish you Good Luck
Thank You
Warm Regards,
Prathamesh Kapote
After BCOM, you can directly enroll for CA-Inter(as per new sylabuss), without doing CA-CPT, through direct entry Scheme.
Through Direct Entry route:
I. Commerce Graduates/Post-Graduates (55%) or Other Graduates/Post-Graduates (60%):
(i) Enrol with the Institute for Intermediate Course.
(ii) Undergo Four Weeks Integrated Course on Information Technology and Soft skills (ICITSS) consisting of
Courses on Information Technology and Orientation Course before commencement of their articleship.
(iii) Register for Practical Training of three years.
(iv) Appear in Intermediate Examination on completion of 9 months of Practical Training on first day of the month
in which the examination is to be held.
(v)Appear and pass in both groups of Intermediate Examination.
(vi) Register for CA Final Course.
(vii) Successfully undergo Four Weeks Advanced Integrated Course on Information Technology and Soft skills
(ICITSS) consisting of Courses on Advanced Information Technology and Management Communication Skills
during the last two years of practical training but before appearing in the Final Examination
(viii) Appear in the Final Examination on completion of the practical training or while serving last 6 months of
articled training on or before the last day of the month preceding the month in which the examination is to be held
after successful completion of ICITSS.
(ix) Complete articled training of 3 years.
(x) Pass Final Examination.
(xi) Enrol as a member of the ICAI and be designated as “Chartered Accountant”.
Provisional Registration: Candidates who are pursuing the Final year of Graduation Course shall be eligible for
provisional registration to the Intermediate Course. Such candidates would be required to submit satisfactory
proof of having passed the graduation examination with the specified percentage of marks within such period not
exceeding six months as from the date of appearance in the final year graduation examination. During the period
of provisional registration, the candidate can undergo and complete ICITSS. It is clarified that in their case, the
practical training will commence only on becoming a graduate with specified percentage of marks. Such
candidates shall be eligible for appearing in the Intermediate Examination on completion of nine months of
practical training. If such candidates fail to produce the proof within the aforesaid period, his provisional
registration shall be cancelled and the registration fee or the tuition fee, as the case may be, paid by him shall not
be refunded and no credit shall be given for the theoretical education undergone.
II. Candidates who have passed Intermediate level examination of Institute of Company Secretaries of India or
Institute of Cost Accountants of India
Courses on Information Technology and Orientation Course at the earliest but these are to be completed
compulsorily before commencement of their articleship.
(iii) Appear in Intermediate Examination on completion of 8 months of study course as on first day of the month in
which the examination is to be held.
(iv) Join articled training after passing either of the Group or Both Groups of Intermediate Course and after
successfully undergoing ICITSS.
(v) Clear the balance Group (if any) of Intermediate Examination.
(vi) Register for Final Course.
during the last two years of practical training but before appearing in the Final Examination.
For more information on the direct entry Scheme visit www.icai.org
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Career Guide, Educationist, Author and Clinical Psychologist
Dr. K.V Anand is a PhD in Counseling Psychology from Fort Jones University USA with MSc In Applied Psychology and MS in Psychotherapy. He is an expert in psychometric tests to facilitate awareness about various psychological traits, personality, skills, aptitude etc. He is a Certified Motivation trainer and personality development trainer. He is experienced in evaluating of psychology or psychiatry cases. Uses Psychometric tests such as personality, bipolar disorder test evaluation, student counseling. He has more than 9 years experience in soft skill training field covering career guidance, education, motivation, personality development, team building, leadership skills, stress management, conflict management, decision making. Beside this he is a active writer and have books related to psychology under his name such as “Adolescence mental Problems” and ”Infant and Child Psychology”
Consulting Psychologist
Dr. Apurva is a doctorate and a post graduate in clinical psychology from the M S University of Baroda. He is an alumnus of Tata Institute of Social Sciences, Mumbai and Columbia University of New York City,USA. He posses extensive experience in the field of counseling. He worked with many organizations, Government departments as a behavioral consultant and trainer. He has been serving as a resource person, mentor and master trainer to train counselors in various States. He regularly writes blogs, articles, book reviews and papers. Currently, he is working with International Non-for-profit organization and providing counseling services.
Founder And Director At Canvas Career
Mr. Prathamesh is a Certified Career Consultant by Psytech International (bps) UK and is also a Certified Trainer for Life Skills; he is pursuing Narrative Therapy from Adelaide, Australia. He has been in to career counseling for more than 8 years now he practices MINDFULNESS psychotherapy with students. He possesses vast experience in teaching and career counseling. Currently he is associated with FUEL NGO. He had counseled over laces of students and is a founder director of Canvas Career Consultancy, committed to conduct Psychometric assessments for students and do career counseling by making them aware about new career avenues
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