Accounting & Commerce

Hi Almas,after completing 12th you can apply for CPT exam which are held twice in a year-June and December.
There are 3 stages
1)CPT
2)IPCC
3)FINAL
CPT covers the following 4 papers
1)FUNDAMENTALS OF ACCOUNTING
2)MERCANTILE LAW
3)GENERAL ECONOMICS
4)QUANTITATIVE APTITUDE-which comprise of maths and statistics
You haven't mentioned anything about your stream.If you are a commerce student you won't find any kind of difficulty because the syllabus that is covered is what you have already studied in your class 11 and 12.But if you are a science student also there is no problem.Lot of science students are appearing for CPT nowadays.
CPT is purely an objective exam.The exam will be held in 2 session
In the morning session you'll have Accounts and Law and in the afternoon session the remaining
Hope this helped you.

CPA is a CA equivalent of USA and good, only if you are planning to have a finance career in US or US based MNC
First of all you should have completed 120 hours of course in business and accounting. Although it does not specify any degree, the understood notion is either you should have a 4 years degree in commerce i.e. B.Com or BBA or a 3 years B.Com and M.Com These are the minimum qualifications and easiest
Apart from this, a CA, ICWA and CS are also eligible. A CA + CPA is a good combination
Your M.Com, CA, ICWA, MBA and CS need to be evaluated by independent agency before enrolling into CPA programme. Every US state has an independent CPA board.
This is a basic CPA requirement. You cannot take CPA exam in India, it is available in Qatar / UAE as a nearest centre for Indian. It is as tough as CA
It's administered by the American Institute of Certified Public Accountants (AICPA) and was originally created to meet certain needs, the requirements to become a CPA differ from US state to US state
Every state in U.S.A has different rules regarding the eligibility of candidates appearing for the examination. Foreign candidates ( including Indian candidates) have to get their academic qualifications evaluated by an independent agency, suggested by the state board, to confirm that h/she is eligible to appear for the CPA examination
Indian Chartered Accountants are eligible to take the CPA exams from the state of Colorado without any foreign credential evaluation.
I hope these information are sufficient to meet your query

If you are from Mumbai, you may opt M.Com E commerce which is a mixed role of IT and commerce. you may initially work in accounts and finance for 2-3 years and then you may learn SAP FICO, once you complete SAP certification, you may get employment as a SAP consultant whose major role will be implementing and customising SAP for Finance module.
If you have studied mathematics at 10+2 level, you may go for MCA, but that may not help a lot in IT job unless you do it from a very reputed institute,
You can study abroad only if your degree is of 4 years duration. Otherwise, you have to study M.Com from here and you can apply.
Your question is very basic- What should I do? Rather, you should ask yourself- what is your passion, what you really want to do. There can be two theories such as passion and job to be kept separate and should go parallel or both should be combined. Well, it depends. if you have enough time and patience to wait very long, then you should pursue your passion. There is always difference between a passion, aptitude and like. I may like song a lot, even I may like to sing, but singing is not my passion so I am an extremely bad singer. Decide about it.
Id you are more focussed on getting job and money instantly, so the earning right now, you should focus on what you really like- accounting, BPO, selling, something else and start making your career in that particular field. You may take help of of a good counsellor and a person doing psychometric test such as career aptitude test. There is opportunity for everyone who wants to grab it.