Accounting & Commerce

Distraction - This is a very basic challenge which people find when they appear for CA exams. With a number of distraction options in the society and social network, this will be a big challenge.
Fatigue - CA syllabus is voluminous in nature, this makes people get fatigue easily. Although people sit with books, topics might not be moving fast. This will be a major problem. According to me, it's easy to remove this challenge. While you start your preparation, be slow (make it 3 to 4 hours a day ) slowly increase the hours as days progress.
Comparison - this problem will be there for anyone who discusses CA preparation with friends. How many did you complete? What have you completed? These discussions increase your stress factor and disturb you mentally. Avoid it. Every one of us has their own speed, who finishes topic first is not a matter of evaluation.

Just after the results are out, it would be the best days of your life because that happiness of clearing the toughest exams in India and across the world is superb.
But after that, things will definitely get tough because then the confusion comes, you don't know what to do, Which type of profile to go for? To go in the industry or to go for practice?
Right from preparing for the exam to your preparing of CV to sending and applying for the right companies, if you are lucky, you might get your desired job. But, if you are, it can get very frustrating - giving interviews, following up, finding contacts, facing rejections, etc.
You are going to spend at least one-third of your time at work so no matter what, you have to try and make it a good time. That is why sometimes it's actually the decision before getting the job which becomes very important.

I am afraid that you cannot join Merchant Navy. Only the Science stream students are eligible for job in Merchant Navy. But since you have completed graduation in commerce, it closes all doors for you.
The candidate who has completed 12th standard with Physics, Chemistry and Maths is eligible for job. He can directly apply for deck cadet job after completing 12th or wait and continue with the studies.
Those who are interested in officer level jobs continue with the studies and pursue either Marine Engineering or Nautical Science course. Unfortunately, commerce students are not eligible.
Indian Navy recruits commerce graduates in Logistics Cadre under Short Service Commission and Permanent Commission both. You need to take an examination called CDS (Combined defense service examination) which is conducted by Union Public Service Commission twice in a year.

CMA/CWA is much more exclusive and knowledge based as per Indian Standards. CMA US is like a mini MBA - one year course and 2 exams.
Whereas CMA India has its course equivalent to CA or CIMA UK. A much tougher course with pass percent around 1% , duration (excluding foundation) min - 2 years, No of papers 16.
Moreover, Indian companies , mostly the PSUs doesnt value CMA US as such when compared to CWA/CMA. Also , the field of practice is not open to CMA US.
Another point to be noted, one can never join any high rank civil service in India( ex- Indian cost accounting service) by CMA US degree.apply: Western India Regional Council,"Rohit Chambers", 4th Floor, Janmabhoomi Marg, Fort Mumbai - 400001.Tel: 022 - 22872010 / 22841138.Email: wirc@icwai.org Website: www.icwai-wirc.org

I am assuming that the candidate has cleared both the groups of IPCC and if so, then I want to let you know something.
If you start class from the very first day after clearance of IPCC then you should take a properly written programme for your all classes and ensure that at a time you are doing only one subject's class. People have different opinions so don't be confused.
Now, second is that most of us do not allow to take classes from 1st year from our office forces, therefore, it is advised to start classes in the second year even though you have cleared both groups, so in such a phase you should develop a strategy in such a manner that you will be able to complete your all subjects before five to six months of your attempt.
Well wishes!

Pros of doing ACCA-
1.Studying IFRS.
2.You would be a global CA in next few years.
3.ACCA is recognized in 178 countries.
4.More job opportunities all over the world.
5.Most probably in 33.5 years, you will have an Indian graduation (If you do) degree+ ACCA degree+ OBU (Oxford Brookes University) degree.
Cons of doing ACCA-
1.In India, ACCA is not popular. I still have a tough time explaining to people what actually I am doing.
2.Job opportunities, packages are less. More preference will be given to Indian CA any day.
3.Lack of coaching institutes for ACCA.
4.Exam fees are really high. GBP converts to INR. So technically you are paying 10k to give an exam. If you fail 10k gone.
Every course every degree has its own features. Just stay focused once you choose a path never look back. Keep going!
Best of luck.

GCCBA, Kolkata is quite better than KIIT School of Management. Here are a few reasons:
1.GCCBA established in 1905 and KIIT School of management in 2003 so KIIT is new and GCCBA is old so obviously there are some good things in GCCBA that's why this college is running since a long time.
2.Fee Structure of KIIT University, School of Management is very high as compared to GCCBA Kolkata
3.GCCBA college is having all the world-class facilities for the betterment of the students and KIIT mainly focus on B.Tech.
4.GCCBA college is especially for commerce studies and KIIT gives a degree to almost all the course this mean GCCBA care about this and established especially for theses course and KIIT doesn't think much about these courses because this degree is minor.
GCCBA offers undergraduate and postgraduate courses with specialisation in commerce and business administration.
For more details about GCCBA-Kolkata, check the link provided:
https://www.shiksha.com/college/goenka-college-of-commerce-and-business-administration-gccba-kolkata-b-b-ganguly-street-13132