Chartered Accountancy Course Details - Fees, Subjects, Syllabus, Duration, Eligibility, Career Scope

What is Chartered Accountancy

Chartered Accountancy is the study of accounts, audit, tax, and financial management. The course has three stages, Foundation, Intermediate, and Final, which are managed by the Institute of Chartered Accountants of India (ICAI). Students need to clear all these levels to become a qualified Chartered Accountant.

There are two ways to join the CA course: the Foundation route and Direct Entry. Students who finish Class 12 can start with the Foundation course. Those who complete graduation or postgraduation in commerce with the required marks can skip the foundation and apply directly for the Intermediate level.

The total fees for Chartered Accountancy courses differ across levels, ranging between Rs. 9,000 and Rs. 57,000. Once qualified, Chartered Accountants can work in various fields such as capital markets, taxation, hedge funds, portfolio management, auditing, consultancy, and financial analysis, enjoying rewarding career opportunities in both private firms and government organisations.

Chartered Accountancy Course Details- Highlights

The CA course offers a structured pathway for students interested in finance and accounting. With distinct eligibility rules for each level, it prepares learners for professional roles in auditing, taxation, and financial analysis. The programme also provides strong placement opportunities with leading firms. Below are the key highlights of the course.

Specialisation or Similar Ones

B.Com/ B.Com Hons with Chartered Accountancy is a popular degree related to Chartered Accountancy. It provides a broad overview of the accounts and finance industry. Students should check the relevant details of the course on the official website of the provider or the programme prospectus released by the institute.

Top Private Chartered Accountancy Colleges in India

Many top private colleges and universities in India offer Chartered Accountancy courses. These universities offer excellent facilities and outstanding knowledge to applicants. The cost of private institutions is somewhat higher than that of public institutions. A few of them are listed below:

Eligibility Criteria (UG & PG) of Chartered Accountancy

The eligibility criterion for the Chartered Accountancy course depends on the path candidates wish to follow. To apply for the CA Foundation path, they must have completed their 10+2, whereas the direct route is for candidates who have completed an undergraduate degree in any discipline. They can directly apply for the CA Intermediate course. 

Eligibility Criteria for a CA Foundation Course

The first level of the CA programme is the CA Foundation course. Candidates wishing to become a CA must first clear the CA Foundation course. Students must meet the eligibility requirements of the course before applying for the CA Foundation Level course. Mentioned below are the eligibility requirements for a CA Foundation course:

• Candidates should register for the course at least four months before the Foundation exam, held in March and November as per the ICAI schedule.
• They must have completed Senior Secondary (10+2) from a recognised board in India or an equivalent exam approved by the Central Government.
• To pass the Foundation Level exam, the candidate has to score a minimum of 40 per cent marks in each paper and 50 per cent in the aggregate of all papers.
• The first two papers will be subjective, while the rest of the two papers will be objective-based with negative marking.

Eligibility Criteria for a CA Intermediate Course

After successfully clearing the Foundation Level, candidates can apply for Intermediate Level courses. Similar to the Foundation Level, the intermediate level also has some eligibility requirements that one has to meet to successfully get admission to the CA Intermediate course. Listed below are some of the eligibility requirements for the CA Intermediate level course:

• Candidates must be enrolled in the CA Intermediate course.
• Those applying through Direct Entry should have completed graduation or post-graduation with the required percentage or qualified for Intermediate exams of the Institute of Cost Accountants of India or the Institute of Company Secretaries of India.
• Commerce graduates or postgraduates can directly join the Intermediate level course.

Eligibility Criteria for a Final Level

After clearing the Foundation and Intermediate levels of the Chartered Accountancy course, students can apply for the last and most important level of the CA course, which is the CA Final Level. Students should ensure that they are fulfilling the eligibility requirements of the course carefully.

• Candidates should ensure that he is registered for the CA Final course.
• Students should also complete Practical training six months before the month of the CA Final examination.
• Students should have completed an Advanced Integrated Course on Information Technology and Soft Skills.
• Candidates must score at least 40 per cent in each paper of both groups and 50 per cent overall across all papers, or maintain a minimum of 40 per cent in each paper when both groups are considered together.
• A student will be declared passed if they obtain a minimum of 40 per cent in each paper of the group and 50 per cent overall in the aggregate of all papers in a single attempt.

Required Skillset for Chartered Accountancy

Chartered Accountancy is not an easy course to pursue. It requires long hours of focused studies, a detailed understanding of the concepts, and good dedication to achieve the goals within a specified time duration. There is a certain set of skills that the candidates must have so that they can work efficiently as a professional chartered accountant. 

• Analytical skills
• Attention to detail
• Concentration and focus
• Teamwork skills
• Awareness of the accounting techniques and new taxation laws
• Ethics and professionalism
• Communication skills