Penned by Jaspreet Kaur, this article provides an insight into different career tips when it comes to CA or Chartered Accountancy. Read on for more information in this field.
Choosing a good career after 12th is important. Many students think of choosing CA as a professional course after completing 12th. Most of them are not clear whether to go for it or not?
Students with such confusion should go for counseling while opting for any course. Generally, students with commerce background are advised to go for CA. CA- Chartered Accountant as a course should be done by intelligent and hardworking student. It is a professional degree and is a very good career option.
It has a huge demand not only in India but all over the world. According to Ball mark estimates, the country’s economy requires over 2 lakh CAs, and demand will only go up. So, there is huge demand for CAs as the supply is less. Companies lure CAs with good salaries and considering the skills they have, high packages are expected.
CA is good career option. After doing CA, one can even go for higher education like ICWA, CFA etc. The entire CA course is four year course. One needs to pass all the four examinations to become a certified chartered accountant. A student needs a lot of practice and interest to become a CA.
Applying for CA does not need any eligibility criteria. Student with any percentage or grade can go for it. One does not need to go to college to study for the course and one can control the time and pace for the study.
It is very flexible course. One just needs to go to institute or some tuition center or coaching center to take coaching and can easily pass the examination. CA is not a tough course. One can score well and pass the examination in one round easily.
An aspirant while studying can have practical experience during article ship. After completing the course, it depends upon aspirant to choose the organization with which they would like to work. Apart from working for an organization, CAs can also become entrepreneurs, tax advisors and consultant.
They have access to jobs which are not limited to private sector but government and corporate sector too. There is huge demand of CAs in manufacturing and financial services sector.
CA is a good career for women also. They can take break from the job whenever they want and after few years, can even apply in some organization. They would be valued equally like years ago.
After being a certified CA, one get a starting package of 6 lakh p.a. In the beginning, low packages are received due to less experience but as the time passes, experience is gained as well as good packages are received.
CAs has accounting knowledge which makes them stronger in the financial and commercial domains. The role of CAs is changing. CAs are now involved right from business planning to reconstructing M&As, cost optimization, funding and capital advisory services for a greater value addition to the resources.
So, in this era CA is not mere a post or designation but it is an individual that helps in smooth running of an organization.