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#Admission2024

Chartered Accountant 2024: Admission Process, Eligibility

4 Years 5 Months
Certification
Graduation
Full Time

CA is a professional course related to accounting and finance that is implemented by Institute of Chartered Accountants of India (ICAI) and known as Chartered Accountancy Course in India. This is one of the most popular and awarded professional courses in the business field of commerce, which is in high demand. 

The course duration of the CA is 4.5-5 years and there are 3 levels, namely, - Foundation, Intermediate, and Final. On the Foundation level, learners are expected to acquire an understanding of accounting principles, commerce topics, economics, business laws and basics of audit. It runs four times a year and you have about 4-6 months to finish it. The program at the Intermediate level requires a candidate to attend a 9-10 months session during which they will obtain an advanced knowledge of accounting, auditing, taxation, and corporate laws through eight paper sessions. 

Chartered Accountant Admission Process

1. Get a BS of Business Administration, Business Finance, or Accounting for an aptitude. 

2. Sign up for the course of CA Foundation with the Institute of Chartered Accountants of India (ICAI) to have the chance in entering in this field. 

3. Crack the CA foundation test covering accounting, business law and other core subjects.

4. Accomplish Intermediate class which consists of study topics such as management accounting, tax, law, and auditing. 

5. Clear papers of the CA Intermediate involving Pass Group 1 and 2 exams.

6. Do articled training for 36 months and pass the Final CA examination which is considered the highest test of financial, auditing and tax expertise.

Chartered Accountant Eligibility

1. You should have obtained the minimum aggregate marks at least in class 12th either from science, commerce or arts stream from a recognized board. In some cases, the student is able to pick commerce stream.  

2. Your minimum Class 12th aggregate mark should score 50% or more. Schools for reserved category students should have up to 45% marks.

3. To take up the ICAI CPT, you must register with the ICAI. It is the residents who are in a position to know the local services, amenities and facilities. They can offer their opinions and suggestions to improve and develop the neighbourhood.

4. Once the CPT is done, you must register for the IPCC- which comprises of the double sections - Accounts and Law.

5. The IPCC associations require that the applicants be in the profession for three years or more and that they have hands-on experience in a firm of the Chartered Accountants. This is a platform for the development of a pragmatic audit skill.  

6. To conclude that, the ICAI exam process is all about, firstly, getting through IPCC groups followed by the article ship and then solving CA final exam after that. Being a Chartered Accountant is one of the most bragging rights after passing this examination.

Chartered Accountant Syllabus

Subject Details
Principles of Accounting Accounting concepts and principles, double-entry system, journalizing, posting, preparation of financial statements
Business Laws Contract law, negotiable instruments, partnership law, company law, legal aspects of business
Business Mathematics and Logical Reasoning Ratios and proportions, indices, logarithms, equations, matrices, number series, coding-decoding, data interpretation
Business Economics Microeconomics, macroeconomics, money and banking, international trade, public finance
Accounting Financial accounting, cost accounting, management accounting, advanced accounting
Corporate Laws Company law, securities law, corporate governance, mergers and acquisitions
Business Economics Economic theory, economic analysis of markets, business cycles, globalization
Taxation Income tax, indirect taxes (GST), service tax, tax planning
Auditing and Assurance Auditing principles and procedures, audit standards, audit evidence, assurance engagements
Cost Accounting and Management Accounting Cost accounting concepts and methods, cost management techniques, variance analysis
Financial Reporting Financial reporting standards (IFRS, Indian GAAP), preparation of financial statements, financial analysis
Information Technology and Strategic Management Information technology concepts, IT applications in business, strategic management concepts

Top 10 Government Chartered Accountant Colleges

Rank College Name Location Estimated Annual Fees (INR)
1 The Institute of Chartered Accountants of India (ICAI) New Delhi, Delhi 20,000 - 25,000
2 The Institute of Cost Accountants of India (ICMAI) Kolkata, West Bengal 15,000 - 20,000
3 The Institute of Company Secretaries of India (ICSI) New Delhi, Delhi 18,000 - 22,000
4 The National Institute of Financial Management (NIFM) Faridabad, Haryana 25,000 - 30,000
5 The Indian Institute of Management Ahmedabad (IIMA) Ahmedabad, Gujarat 30,000 - 35,000
6 The Indian Institute of Management Calcutta (IIMC) Joka, West Bengal 25,000 - 30,000
7 The Indian Institute of Management Bangalore (IIMB) Bangalore, Karnataka 25,000 - 30,000
8 The Indian Institute of Management Lucknow (IIML) Lucknow, Uttar Pradesh 25,000 - 30,000
9 The Indian Institute of Management Indore (IIMI) Indore, Madhya Pradesh 25,000 - 30,000
10 The Indian Institute of Management Kozhikode (IIMK) Kozhikode, Kerala 25,000 - 30,000

Top 10 Private Chartered Accountant Colleges

Rank College Name Location Estimated Annual Fees (INR)
1 The Institute of Chartered Accountants of India (ICAI) New Delhi, Delhi 20,000 - 25,000
2 The Institute of Cost Accountants of India (ICMAI) Kolkata, West Bengal 15,000 - 20,000
3 The Institute of Company Secretaries of India (ICSI) New Delhi, Delhi 18,000 - 22,000
4 The National Institute of Financial Management (NIFM) Faridabad, Haryana 25,000 - 30,000
5 The Indian Institute of Management Ahmedabad (IIMA) Ahmedabad, Gujarat 30,000 - 35,000
6 The Indian Institute of Management Calcutta (IIMC) Joka, West Bengal 25,000 - 30,000
7 The Indian Institute of Management Bangalore (IIMB) Bangalore, Karnataka 25,000 - 30,000
8 The Indian Institute of Management Lucknow (IIML) Lucknow, Uttar Pradesh 25,000 - 30,000
9 The Indian Institute of Management Indore (IIMI) Indore, Madhya Pradesh 25,000 - 30,000
10 The Indian Institute of Management Kozhikode (IIMK) Kozhikode, Kerala 25,000 - 30,000

Chartered Accountant Course Placements

Chartered Accountants (CAs) are highly sought-after professionals in the field of finance and accounting. Their expertise in accounting, auditing, taxation, and financial management.

College Name Location Average CTC (INR lakhs)
The Institute of Chartered Accountants of India (ICAI) New Delhi, Delhi 10-12 lakhs
The Indian Institute of Management Ahmedabad (IIMA) Ahmedabad, Gujarat 12-15 lakhs
The Indian Institute of Management Calcutta (IIMC) Joka, West Bengal 11-14 lakhs
The Indian Institute of Management Bangalore (IIMB) Bangalore, Karnataka 10-13 lakhs
The Indian Institute of Management Lucknow (IIML) Lucknow, Uttar Pradesh 9-12 lakhs
The Indian Institute of Management Indore (IIMI) Indore, Madhya Pradesh 8-11 lakhs
The Indian Institute of Management Kozhikode (IIMK) Kozhikode, Kerala 8-10 lakhs
Delhi School of Economics (DSE) New Delhi, Delhi 8-10 lakhs

Chartered Accountant Course Jobs and Salary

Chartered Accountants (CAs) are highly sought-after professionals in the field of finance and accounting, possessing expertise in accounting, auditing, taxation, and financial management. 

Specialization Average Salary (INR lakhs)
Auditing 6-8 lakhs
Accounting 5-7 lakhs
Tax Consultancy 7-9 lakhs
Financial Analysis 6-8 lakhs
Business Analysis 5-7 lakhs
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