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Is Chartered Accountancy overrated in India?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Gautham asked about 3 years ago

Is Chartered Accountancy overrated in India?

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4 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Vishwanath Chiplunkar answered 2 months ago

Let me say this is the narrative of those who are not able to pass CA and or could not get a proper job after CA and have struggled in their life. But they cannot blame CA profession for this. There are successful people and not so successful in all the professions be it medical or legal etc. The good thing about CA is that cost of doing CA is minimal(unlike Med or Eng). There is freedom (no class and it can be done from anywhere.) Every CA may not get a great job but a least some job he is sure to get. So there is no hype. Why it is bit difficult? 1 Quality in students joining( most of them average commerce students and not brilliant science students.). 2. There is no formal class room education.This may result in lack of motivation for some. 3) Results are controlled by ICAI to some extent.4) Those who fail lose interest in future attempts.

So do not blame CA. It is not overrated. Choice is yours to do or not to do. I have never seen somebody saying any other professions are overrated. CA is only a tool. It is only a stepping stone. Success depends on individual.

In future expect CA exams to be even more tough as lot of brilliant students who cannot afford Medical or engg are trying their luck at CA. By the way I am a CA. I took 3 and half years to complete. Getting first job was bit difficult(long back. no placements). Now I am in a good job and happy in my life.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Vishwanath Chiplunkar answered 2 months ago

Let me say this is the narrative of those who are not able to pass CA and or could not get a proper job after CA and have struggled in their life. But they cannot blame CA profession for this. There are successful people and not so successful in all the professions be it medical or legal etc. The good thing about CA is that cost of doing CA is minimal(unlike Med or Eng). There is freedom (no class and it can be done from anywhere.) Every CA may not get a great job but a least some job he is sure to get. So there is no hype. Why it is bit difficult? 1 Quality in students joining( most of them average commerce students and not brilliant science students.). 2. There is no formal class room education.This may result in lack of motivation for some. 3) Results are controlled by ICAI to some extent.4) Those who fail lose interest in future attempts.

So do not blame CA. It is not overrated. Choice is yours to do or not to do. I have never seen somebody saying any other professions are overrated. CA is only a tool. It is only a stepping stone. Success depends on individual.

In future expect CA exams to be even more tough as lot of brilliant students who cannot afford Medical or engg are trying their luck at CA. By the way I am a CA. I took 3 and half years to complete. Getting first job was bit difficult(long back. no placements). Now I am in a good job and happy in my life.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CA Sandeep Bohra answered almost 3 years ago

Dear Friend, --CA is a course which is always called the toughest course and this is not just for no reason --CA is a distance learning course and students have to study it on their own unlike in medical or engineer courses. --The student has to manage it without any colleges , though there are coaching available but its not necessary all are up to the mark --Also some students complete the course with their graduation side by side which makes it more difficult to find time for self study --CA is not over rated at all. Articles start their training in the age of 17 or 18 . --They are fully trained by the time they cross 21. The difficulty level pass percentage hard work and all the training in the course is worth giving this rating to CA course

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 lochan answered about 3 years ago

CA OVERRATED Hi Gautham, CA is a course which is always called the toughest course and this is not just for no reason CA is a distance learning course and students have to study it on their own unlike in medical or engineer courses. The student has to manage it without any colleges , though there are coaching available but its not necessary all are upto the mark Also some students complete the course with their graduation side by side which makes it more difficukt to find time for selfstudy CA is not over rated at all. Articles start their training in the age of 17 or 18 . They are fully trained by the time they cross 21. The difficulty level pass percentage hard work and all the training in the course is worth giving this rating to CA course Thanks :)

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