How to Pursue CA After Graduation? Eligibility, Fees and Career Prospects

Becoming a Chartered Accountant (CA) is a popular career choice for many, even after completing graduation. The CA course, offered by the Institute of Chartered Accountants of India (ICAI), is a prestigious qualification that opens up many career opportunities in finance, taxation, and auditing. Here's a simple guide to help you understand the process of pursuing CA after graduation, including eligibility, fees, and career prospects.

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Eligibility for CA After Graduation

If you are a graduate or postgraduate, you can directly enter the CA Intermediate level through the Direct Entry Scheme. Here's what you need to qualify:

1. Commerce Graduates/Postgraduates:
   • At least 55% marks in your degree.
2. Non-Commerce Graduates/Postgraduates:
   • At least 60% marks in your degree.
3. Professional Degree Holders:
   • If you have completed courses like CS or CMA, you are also eligible for direct entry.

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Steps to Pursue CA After Graduation

1. Register for CA Intermediate:
   Apply for the Intermediate level under the Direct Entry Scheme.

2. Complete ICITSS Training:
   This is a 4-week Integrated Course on Information Technology and Soft Skills.

3. Start Articleship:
   After ICITSS, you need to complete 3 years of practical training (articleship) under a practicing CA.

4. Appear for CA Intermediate Exams:
   Prepare for and pass the Intermediate exams during your articleship.

5. Register for CA Final:
   After clearing Intermediate and completing 2.5 years of articleship, register for the CA Final.

6. Pass CA Final Exams:
   Clear the Final exams to become a Chartered Accountant.

Fees for CA Course

The approximate fees for the CA course are as follows:

Level	Fees (Approx.)
CA Intermediate	₹18,000 - ₹20,000
Articleship Registration	₹2,000
CA Final	₹22,000 - ₹25,000
ICITSS Training	₹7,000 - ₹10,000

Note: Additional costs may include coaching classes, study materials, and exam fees.

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Career Prospects After CA

Once you qualify as a CA, a wide range of career options opens up:

1. Auditor: Conduct financial audits for companies.
2. Tax Consultant: Help clients with tax planning and compliance.
3. Finance Manager: Manage budgets and financial strategies for organizations.
4. Corporate Advisor: Provide expert advice on mergers, acquisitions, and financial restructuring.
5. Entrepreneur: Start your own CA firm and serve multiple clients.

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Expected Salary

The starting salary of a Chartered Accountant can range from ₹7-10 lakhs per annum in India. With experience, this can go up to ₹25 lakhs or more.

Why Pursue CA After Graduation?

1. Shortened Duration: Direct entry reduces the time to qualify.
2. High Demand: CAs are highly valued in every industry.
3. Versatile Career: Work in various sectors like banking, IT, or even start your own practice.

Pursuing CA after graduation is a smart choice for those passionate about finance and accounting. With dedication and hard work, you can achieve this esteemed qualification and unlock a fulfilling career.

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