33 CA Colleges in India
Chartered Accountancy (CA) is a three-level course designed by the Institute of Chartered Accountants of India (ICAI). ICAI conducts CA exam to certify a candidate as a qualified Chartered Accountant after the successful completion of this course. Chartered Accountant is a designation given to the accounting professional to manage work related to accounting and taxation of a business, like file tax returns, audit financial statements and so on. T
Chartered Accountancy (CA) is a three-level course designed by the Institute of Chartered Accountants of India (ICAI). ICAI conducts CA exam to certify a candidate as a qualified Chartered Accountant after the successful completion of this course. Chartered Accountant is a designation given to the accounting professional to manage work related to accounting and taxation of a business, like file tax returns, audit financial statements and so on. There are 35 CA colleges in India. CA course is offered by private and semi-government colleges across the country. CA colleges in India offer this course at UG and PG level.
Chartered Accountancy course can be pursued by a candidate either through Foundation Course Route or Direct Entry Route. As stated above, the CA course is divided into three levels: Foundation, Intermediate, and Final. The candidate must meet the following eligibility criteria to pursue CA:
Foundation Route
- The candidate must have completed Class 12 and four months of the study period to be able to appear for Foundation examination.
- The candidate needs to register with the Board of Studies for four months of the study period.
Direct Entry Route
- The candidate must be a Commerce graduate/post-graduate or other graduates/post-graduates with a minimum aggregate percentage of 55% or 60%, respectively from a recognised university (including Open University).
- The candidate must have passed Intermediate level of Institute of Company Secretaries of India (ICSI) and Institute of Cost Accountants of India (ICAI).
The interested candidates can pursue this course through full-time, part-time classroom, online, distance/correspondence mode. In India, CA colleges are spread across many cities/ states such as Delhi/NCR, Mumbai, Hyderabad, Chennai, Bengaluru, Maharashtra, Karnataka, Uttar Pradesh, Telangana, Tamil Nadu, Madhya Pradesh, Ahmedabad, Chandigarh, etc. Some of the popular CA colleges in India with their fees and location are tabulated below:
Popular CA Colleges/ Universities in India
S. No. |
Colleges |
Location |
Total Fees (Rs) |
---|---|---|---|
1. |
Noida |
- |
|
2. |
Pune |
- |
|
3. |
Pearl Accountants, International Accountants and Business Consultants |
Kochi |
- |
4. |
Mumbai |
2.85 L |
|
5. |
Dehradun |
32.5 K |
|
6. |
Guwahati |
- |
|
7. |
Mumbai |
- |
|
8. |
Thane |
8.5-12 K |
|
9. |
Ahmedabad |
- |
|
10. |
Hyderabad |
20 K |
|
11. |
Bangalore |
- |
|
12. |
Secunderabad |
33-53 K |
Placement Opportunities after CA Course
Only a few CA colleges in India provide placement opportunities to the students. ICAI provides maximum placement opportunities to the CA students as compared to other colleges across the country. After completing CA, the average salary package offered to a fresher is around Rs 6-7 LPA whereas an entry-level professional can expect the average salary package of around Rs 7-8 LPA. This range can go up depending on the size of the firm.
Students are required to fulfil the criteria and clear the rounds as set by the recruiting companies. These colleges with their placement ratings (based on student’s reviews on Shiksha.com) and top recruiters are given below:
S. No. |
Institutes |
Placement Ratings (Based on reviews) |
Top Recruiters |
---|---|---|---|
1. |
5 |
Adani, Reliance, TCS and so on |
|
2. |
3.7 |
Big four, PWC, KPMG, EY, Deloitte, ITC, Indian Oil Bharat Petroleum, Tolaram Group, Swiggy, Goldman Sachs and so on |
Some of the other CA top recruiters are:
Indian Firms
- Federal Bank
- State Bank of India
- RBL Bank
- JS Sundaram and Co
- Luthra and Luthra
- Khumji Khiverji and Co
- Standard Chartered
- Axis Bank
- IDFC Bank
- Bajaj Finserv and Group
- HDFC Bank
- TR Chadha and Co
- RM Rajapurkar and Co
- SS Kothari Metha and Co
Multinational Companies
- Tolaram Group
- E&Y
- KPMG
- PricewaterhouseCoopers
- JP Morgan Chase
- Deloitte
- RSM International
- Grant Thorton
- Olam International
- Qatar Insurance Co
- ETA Ascon Group
- Edelweiss
- BNY Mellon
- Oman Cables Industry
- Landmark Group
- Credit Suisse
- Citi Bank
Skillset Requirements
The candidate interested to pursue career as a Chartered Accountant must have some of the following skills:
- Self-motivation and commitment
- General business interest and awareness
- Strong analytical and problem-solving skills
- Quick numeracy
- Integrity and trustworthiness
- Time management skills
- Communication and interpersonal skills
- Keep updated with new and amended laws
- Confidence
- Great listening skills
How affordable is studying CA in India?
Studying CA in India is inexpensive. Approximately 86% of CA colleges in India have the fee structure less than Rs 1 lakh. These colleges are listed below:
- CMS for CA, Hyderabad
- Siddharth Academy, Thane
- IIKMFE Financial Education, Chennai
- Tips Institute of Professional Studies, Moradabad
- Vista Academy, Dehradun
- International School of Financial Studies, Secunderabad
The fee structure of around 14% CA colleges in India falls under the bracket of Rs 1-2 lakh. Some of these colleges are:
- EduPristine, Mumbai
- Zell Education, Mumbai
Different Modes of Study offered by CA Colleges in India
CA colleges in India adopt various modes of study. Full-time mode is the most popular one followed by online mode of study as offered by CA colleges in India. The percentage-wise distribution of these among various CA colleges in India is given below:
Mode of Study |
Number of Colleges |
Percentage |
---|---|---|
Full-time |
21 |
60% |
Online |
8 |
23% |
Part-time Classroom |
5 |
14% |
Distance/ Correspondence |
1 |
3% |
Full-time Mode of Study
The following CA colleges provide full-time courses:
S. No. |
Colleges |
Location |
---|---|---|
1. |
The Institute of Chartered of India (ICAI) |
Noida |
2. |
Navkar Institute |
Ahmedabad |
3. |
International School of Financial Studies |
Secunderabad |
4. |
CMS for CA |
Hyderabad |
5. |
Indian Institute of Finance and Accounts |
Pune |
Online Classroom Mode of Study
S. No. |
Colleges |
Location |
---|---|---|
1. |
PIRON School of Business and Finance |
Bangalore |
2. |
IIKMFE Financial Education |
Chennai |
3. |
PIRON School of Business and Finance |
Chennai |
4. |
EduPristine |
Mumbai |
Credentials for CA Course in India
Several CA colleges in India offer different types of courses such as degree, certificate, and Diploma. Some of the CA colleges that offer degree course are listed below:
S. No. |
Colleges |
Location |
---|---|---|
1. |
Crest Eduscore |
Delhi |
2. |
Tips Institute of Professional Studies |
Moradabad |
3. |
Zell Education |
Mumbai |
The colleges that offer certificate course are tabulated below:
S. No. |
Colleges |
Location |
---|---|---|
1. |
The Institute of Chartered of India (ICAI) |
Noida |
2. |
Navkar Institute |
Ahmedabad |
3. |
Indian Institute of Finance and Accounts |
Pune |
4. |
Siddharth Academy |
Thane |
5. |
International School of Financial Studies |
Secunderabad |
ICAI Exam
The examinations conducted by the Institute of Chartered Accountants of India (ICAI) are:
- Common Proficiency Test (CPT)
- Intermediate (Integrated Professional Competence) Examination
- Final Examination
Common Proficiency Test is the entry-level exam which is followed by Intermediate and Final examination. These examinations are conducted twice a year - CPT (June and December) and IPC and Final examination (May and November).
Scope of CA Course
Chartered Accountant is one of the toughest professions in the world. The primary job of a CA is to maintain and review the financial health of the company. CAs can find several job opportunities in private, public as well as in government sectors. CA also prepares and maintains financial statements and budget, conducts financial audits, advises clients tax planning, financial risks, business acquisitions and mergers and so on. A certified CA can choose to either work with a firm as an employee or open their private practice. One can also work with international accounting organisations or smaller accountancy firms, known as small and medium practices (SMPs), manufacturing, retail and telecoms industries, educational institutions, charities, and not-for-profit organisations, etc.
CA professionals can also go for higher studies and pursue the following courses:
- Cost Management Accountancy (CMA)
- Bachelor of Law
- Master of Business Administration (MBA)
- PhD in Accountancy or Taxation
- Chartered Financial Analyst (CFA)
- Company Secretary (CS)
- Chartered Institute of Management Accountants (CIMA)
- Cost and Works Accountants (CWA)
- Financial Risk Management (FRM)
- Certified Information System Auditor (CISA)Â
- Certified Public Accountant (CPA)
Also, Articleship is a mandatory part of the curriculum which gives the practical experience to the candidates. As mentioned above, a CA professional can also become an entrepreneur. They can also offer their services in the field of capital market and contribute to decision-making and augmenting the profits of the firm. CAs can also work in project management, consultancy services, banks (Both private and public), mutual funds, portfolio management companies, legal firms and so on.
There is a wide scope for CA in abroad as well. ICAI has tied up with its Canadian, Singapore, and Irish counterparts to provide several work opportunities in these countries. Other countries like Dubai, the USA, UK, and so on also offer job opportunities to CA professionals. The experienced candidates with the right skills have a better chance to get a job overseas.
Some of the job profiles after completing CA are given below:
- Chartered Accountant
- Auditor
- Share Valuer
- Financial Reporting
- Management and Corporate Consultancy
- Tax Advisor/ Manager
- Management Accounting
- Cost Accountant
- Company Liquidator
- GST Expert
- Corporate Financing
- Financial Accountant
- Consultant
- GST Service Providers
- Advisor to Government
- Chief Accountant
- Chief Manager – Management Audits
- Chief Financial Officer
- Lecturer/Professor
- Financial Manager
- Forensic Accountant
- Data Analyst – Financial Services
- Fund Manager