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CA Course Duration After 10th, 12th & Graduation- Complete Guide

CA Course Duration After 10th, 12th & Graduation

Introduction

Entering the journey to become a Chartered Accountant (CA) is a fascinating pursuit that leads to a plethora of opportunities in the finance, accounting, and business industries. Whether you’re a first-year student considering a career after the tenth or twelfth grade or a graduate ready to delve into the complexities of financial management, the journey toward becoming a chartered accountant (CA) entails overcoming obstacles, achieving victories, and gaining priceless experiences. Let’s discuss the specifics of the CA Course Duration after graduating with 10th and 12th-grade results, as well as significant junctures and essential resources to assist you along the journey. 

CA Course Duration After 10th, 12th & Graduation

  • After 10th Grade:

Basically, The CA journey starts after the completion of 10th grade. You have to enroll in a CA foundation course.

 This is the foundational stage for CA students that acts as a stepping stone. It provides students with relevant information in accounting, taxation, general economics, and quantitative aptitude.

Approximately, the CA foundation course duration is four months, It sets the baseline for subsequent levels of the CA program.

  • After 12th Grade:

After the 12th, it is a 5-year tenure to become a CA. Those who are considering their career in CA, just after contemplation of 12th grade. The CA path is streamlined with direct enrollment in the CA Foundation course. The CA Foundation course caters you to the world of chartered accountancy, delving comprehensive insights into key concepts and principles. Akin to the path after the 10th grade, the duration of the CA Foundation course remains approximately four months and 2 months of waiting period for results.

  • After Graduation:

Those who opt to pursue a CA course can bypass the CA foundation course and directly apply for the CA intermediate course, But the condition is, that you have to be graduates with excellent percentages, the minimum you must score 70 percent. The CA intermediate will dig you deeper into the dominion of accounting, taxation, financial management, and auditing, approximately, this course duration is 8th months.  

Read More: Understanding CA Foundation Pass Percentage And Exam Insights

Key Resources to Aid Your CA Journey:

1. Best CA Coaching in India:

Looking for top-notch CA coaching institutes in India? Look no further, MCC Jaipur is the best CA coaching in India and provides students a comprehensive study material, face-to-face interactions, and online and offline classes to help students master complex concepts.

MCC ensures on-time coverage of the syllabus and facilitates students with three mock test series for each subject, all designed to mimic the ICAI patterns.

2. CA Online Classes:

Online courses for Qualified Accountants (CAs) have grown into an attractive and practical approach for wannabe CAs to further their studies at any time and from anywhere in the digital era.

To accommodate several educational methods, these online learning environments provide an extensive number of features, like recorded sessions, live lectures, mock exams, and individualized feedback.

With the utilization of interactive learning techniques and technology, CA online courses enable learners to conquer range and study at their own speed.

Navigating the Examination Process :

CA Foundation Exam Time Table For June 2024

The CA foundation exam is going to start on the 20th of June 2024, according to ICAI guidelines.

Here’s the subject-wise time for table CA Foundation Exam

Subjects  Dates
Principles & Practice Of Accounting 20th June 2024
Business Laws 22nd June 2024
Business Mathematics, Logical Reasoning and Statistics 24th June 2024
Business Economics 26th June 2024

 

ICAI CA Foundation Exam Timings June 2024

Note: As per the previous papers analysis check the below table for CA Foundation exam timings

CA Foundation Exam Papers Exam Timings
Paper 1st and 2nd 2 PM to 5 PM
Paper 3rd and 4th 2 PM to 4 PM

 

CA Foundation Result Dec 2023 has Out

For CA Foundation December 2023 exam results were out on 7th February 2024 by ICAI. Those who still are not aware of it can go through the ICAI official website. It is required to have a roll number or registration number to confirm the December 2023 CA Foundation results. Learners can check their results online or offline, via SMS or email, for instance. As mentioned above, the ICAI will be conducting the exams for the CA Foundation Course in June 2024.

Exam timetable of CA Intermediate 2024

The CA Inter exams are scheduled for May, starting on May 3rd and ending on May 13th, 2024. Group-1 exams are scheduled for May 3rd, 5th, and 7th, while Group-2 exams will be held on May 9th, 11th, and 13th, 2024.

ICAI CA Final Exam Dates May 2024

According to the current notification from ICAI, the CA final exam is scheduled to commence on 2nd May and conclude on 12th May. The exam for Group 1, with Paper-1 (Financial Reporting), will take place on 2nd May from 2 pm to 5 pm.

The second paper for Group 1, Advanced Financial Management, is scheduled for 4th May 2024, with the exam timing also set from 2 pm to 5 pm. Paper 3 for Group 1, Advanced Auditing & Professional Ethics, will be held on 6th May 2024, with the same exam timing as the previous papers.

Group 2 CA Final exams: Paper-4 on Direct Tax Laws and International Taxation is on May 8th, Paper 5 on Indirect Tax Laws on May 10th, and Paper 6 on Multi-disciplinary Case Study with Strategic Management is on May 12th.

The International Taxation – Assessment Test (INTT – AT) exams will take place on May 10th and 12th, 2024.

According to the ICAI official announcement, “It depicts that there would be no change in the schedule of examination timetable whether it is a government holiday or holiday by the state or local bodies. There would be no further change.

Read More: 5 Month Study Plan For CA Intermediate May 2024

Embracing Practical Training

The three parts of the CA course are commonly known as the CA Foundation, CA Intermediate, and CA Final. Nevertheless, these three courses along with the preparation of the CA Articleship comprise the primary four elements of the CA Course.

Each learner is expected to complete a three-year practical training curriculum at a CA firm referred to as the ICAI CA Articleship. Learners have to finish any given section of CA Intermediate to register for an articleship. Articles are the students looking for hands-on instruction, and the Principal is the CA who monitors them.

Will I get paid during the Articleship training?

Indeed, investing three years of dedication is crucial. However, the remuneration for a CA articleship is significant. The training is paid, with stipends of ₹2,000, ₹2,500, and ₹3,000 in the first, second, and third years respectively.

This educational guide elaborates extensively on CA articleship—its significance, conduct, eligibility criteria, and the process for enrollment. Learners who have achieved a commendable percentage in their CA intermediate exam must undergo a 3-year CA Articleship training under experienced mentors, receiving payment throughout this tenure. Hola!

Now your doubts may clear about CA Articleship training. This training plays a pivotal role in your CA journey.

Why Articleship mandatory?

The most important part of the CA program is articleship training, which provides genuine hands-on experience in real-world scenarios alongside theoretical knowledge and assessments.

Articleship trainees may try out utilizing theoretical concepts in real-world settings while obtaining supervision through experienced mentors. This allows students to improve their skills and gain a critical understanding of the business.

Articleship training better prepares aspiring CAs for the expectations and responsibilities of the profession, serving as a connection between academia and professional practice.

In addition, the realm of books and examinations plays a significant role in the CA journey – articleship training. This practical training offers aspiring CAs with real-world divestment to the intricacies of accounting, auditing, taxation, and finance, nudging the gap between theoretical knowledge and practical application. 

CA Foundation Result & CA Inter Result

An important phase on the journey to becoming a CA is getting results of the CA Foundation and CA Inter examinations.

Whether hailed with excitement or contemplation, these results are proof of the diligence, commitment, and tenacity of aspiring chartered accountants.

Regardless of the result, your score represents a step further toward the ultimate goal of obtaining a renowned CA credential.

Conclusion

In conclusion, becoming a chartered accountant is a challenging yet rewarding journey. Aspiring CAs can excel by understanding the course duration and utilizing resources like coaching, online classes, and practical training. Therefore, proceed away on this exciting voyage with determination and passion.

Realizing that each step that you take will contribute to bringing your objective of becoming a chartered accountant closer to fruition.

FAQs- (Frequently Asked Questions)

Q.1 What is the schedule for the CA Foundation June 2024 exam?

ICAI has announced the CA Foundation exam dates. The exams will take place from 20th June to 26th June 2024. For more updates related to CA foundation, students should follow ICAI official page and website, https://www.icai.org

Q.2- When will CA intermediate exam 2024 begin?

CA intermediate exam dates are as follows: 3rd May 2024 to 12 May 2024 for both group-1 and group-2. It is advisable for learners to consistently monitor the ICAI official page for the latest updates regarding any further changes.

Q.3. Will I receive payment during CA Articleship training?

Yes, students receive payment during their Articleship training, with amounts of 2000, 2500, and 3000 for the 1st, 2nd, and 3rd years respectively. Additionally, experienced industry experts provide mentorship, which will aid in shaping your CA career.

Q.4. What is the CA salary in India?

The average annual income for a Chartered Accountant in India is ₹11,22,901, with an additional lump sum cash compensation ranging from ₹71,885 to ₹2,69,571.

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