Accounting & Commerce

There is no cut-off for CA course. First of all, going for CA you need to give the post-exam called as CPT which is the entrance exam for CA course. You need to get at least 50% in this exam and the sectional cut-off is more than 40%. After passing CPT, the next is IPCC which is going to be into groups. Facebook contents cut-off of 200 out of 400 and second group is of 300 marks cut-off is 150 in this both groups in each subject you need to score more than 40% and your aggregate marks should be more than 50% in each group. After that, you are going to give 3-years articleship and after completing your articleship, you are going to give CA final exam. CA final exam also contains the same role. You should score more than 50% and in the sectional, you should score more than 40%. One thing I would like to tell you is that after passing CPT, when you are going for IPCC if you feel in any one of the subjects or your aggregate is not getting more than 50% but in any one of the subject you should have scored more than 60%. At that time, you are going to get an exemption that is you are not supposed to give that subject again in the next attempt.

After completing your CMA, you will get a job as a:
Finance Manager
Financial Analyst.
Financial Controller
Financial Accounting Manager.
Senior Finance Manager.
Deputy General Manager.
Finance Director.
In this year, there are few vacancies for govt. job for CMA students. Jobs are in:
Broadcast Engineering Consultants India Limited
EDCIL
Madhya Pradesh Power Management Company Limited
Zila Parishad, Banswara government of Rajasthan
Nehru Yuva Kendra Sangathan
Oriental Insurance Company Limited
Bharat Sanchar Nigam Limited
Energy Efficiency Service limited
Insurance Regulatory and Development Authority of India
These are few of the government vacancies for this year and they all need consultants for this jobs and have a good average salary. For starting job is of Junior Accountant, officer consultant, assistant manager, Assistant consultant, administrative officer, chief consultant, for all these jobs the average salary is between 30000 to 60000 per month and all jobs are secured.

IPCC is divided into two groups:
Group 1 and Group 2.
Group 1 includes Paper 1: Accounting
Paper 2: Law, Ethics and Communication
Part I: Law
Business Law
Company Law
Part II: Business Ethics
Part III: Business Communication
Paper 3: Cost Accounting and Financial Management
Part I: Cost Accounting
Part II: Financial Management
Paper 4: Taxation
Part I: Income Tax
Part II: Service Tax & VAT
Group II includes
Paper 5: Advanced Accounting
Paper 6: Auditing & Assurance
Paper 7: Information Technology and Strategic Management
Part I: Information Technology
Part II: Strategic Management this is all about exam pattern group 1 is of 400 marks and you should get more than 200 marks and in each subject you should get at least more than 40 marks then only you can pass the first group and the case is same with group 2, it is of 300 marks and you should score more than 150 marks in total and get at least more than 40% in each subject.
The syllabus is mentioned in your kit.

Best coaching institutes for CFA are:
Shah Classes (Sir Laukik Shah): Being the oldest coaching institute, seniors I know studied with him. He made a name for having a monopoly in the CFA coaching industry a decade back. At that time, there were no options, you see. The passing score was high in CFA exams overall, as much as ninety percent at that time, so that was in his favor. In fact, he himself confessed in the demo session that he hasn't cleared even the first level of CFA. However, there were no other options from where one could learn the CFA, other than him, at that time.
Finstructor: I almost decided on joining this institute but later, I dropped the idea as I learned that the founder has handed over the Finstructor franchise to other professors to let them use the brand which he created.
V D Shah: Inexperienced tutor, so obvious problems associated with not being experienced like silly mistakes in formulas or keeping his book open while writing a formula, (he himself says he can't remember a few formulas). But I admit that he logically, step by step derives every formula & also gives some practical valuation stories regarding it.
FinTree: The decade old FinTree (Pune branch) is awesome. Everything's great, the teaching pace (slow pace & day long lectures), the support for doubt solving and all I've heard about this institute is good. When it comes to FinTree-Mumbai, I think it loses its charm a bit.

Opt for higher studies or pursue a job after completing CA.
Courses that supplement CA degree-These are the courses which are more or less similar to the CA syllabi and with which a normal CA student may be familiar with. CWA and CS, you can earn these qualifications by availing the benefit of exemption granted by these institutes for qualified CAs. CA+CWA can help you in manufacturing industries while CA+CS can help you in the service industry. For more details check the websites of these institutes.
Dip IFRS: It is a certification course offered by the ACCA Institute, London and is an accounting certification. It is a short-term course and can help you if you are in audit/ accounting role in a company.
CISA/DISA courses offered by CIMA and ICAI respectively. It mostly helps you if you are in auditing service line.
CIMA/CMA: CIMA degree is offered by CIMA, London while CMA is offered by IMA, USA. These degrees will help you if you are working in controlling function. Also, these qualifications will be more useful if you are working in an MNC and in a business role.
Post qualification courses by ICAI: ICAI offers many post qualification courses which are useful for professionals in their respective service areas. Check more on this at The Institute of Chartered Accountants of India.

Chartered Financial Analyst (CFA) is an internationally recognized course that ensures a surefire way to enter Investment banking. Once you become a Charter holder, you have access to the international career network of the CFA Institute and can actively find yourself a suitable job in another country. If you are already working in a global firm, CFA Charter can also act as a springboard for you to get global postings within your firm.
So, how shall you go about it?
Complete and clear all the exams and work towards the 48 months work experience criteria then apply for a CFA Charter.
Once you are a Charter holder, access the CFA Institute website career resource JobLine to track and apply for jobs abroad.
Alternatively, network with your local CFA Chapter members and look for postings abroad.
Subscribe to newsletters and job alerts published by job portals in other countries (e.g: SEEK.com for Australia/NZ or Gulftalent.com for UAE jobs).
Network and publicize your CFA charter on LinkedIn and other career networking websites.
Don't fail to mention the CFA Charter in your resume and use it as a keyword to get the right hits in regular job portals other than job line.
If you are already working in an MNC, you can negotiate for a global posting after qualifying.
Even if you do not have a CFA Charter, if you have at least cleared the exams, you should mention that in your resume as well.

Talking about career and job prospects in India after B.Com (Hons), it isn't having much of opportunities as there is so much of competition out there. So yes, it can be said that B.Com (Hons) is not enough for good career building. The exception is that you studied from SRCC or Hansraj that can get you placed with a package of 10 LPA or so.
Hence, it is advisable to go for post graduation or some professional qualification in order to build a career.
Talking about the job prospects abroad, it carries hardly any opportunities out there.
See, I agree that skills do matter but in order to show skills, it is essential to get a job or get an interview call which isn't easy with B.Com (Hons) degree nowadays as there are so many others with BBA and Master's degrees. And yes, companies prefer management graduates over normal graduates.