ICAI

Hi,
I agree with alia36885 that you should explore opportunities as per your background. However, if ICWA interests you-
The course will enable you to excel in areas of cost accounting and managerial accountancy. After the completion of ICWA course, candidates would be capable of managing the finances of a business organization.
Job profiles available for ICWA degree holders:
Internal Auditor
Finance Manager
Cost Controller
Excise Auditor
Cost Auditor
To work in these profiles, an ICWA professional will require immense knowledge and expertise to handle various types of accounting work. These job profiles offer high remuneration packages of more than Rs. 6,00,000/- to Rs. 8,00,000/- per annum.
Also refer the link below-
https://www.shiksha.com/career-in-icwai-article-4663-1
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Hi,
CPA (Certified Public Accountant) is a certification in accounting, auditing and taxation in the US, Singapore, Australia and many other nations.
Its direct comparable in India would be Chartered Accountant (CA) designation offered by the Institute of Chartered Accountants of India (ICAI).
Whatever the designation, the idea boils down to one fact, that it is a degree in accountancy, auditing and taxation.
It is a self study program. However, you cannot take the CPA Exam anywhere other than the respective country. EX- Indian students interested in pursuing CPA from USA are required to go to the US to appear for these exams.
So you can consider doing CA here and then look for jobs overseas. Else if you are okay to move abroad then go ahead with CPA.
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Hi,
1. Since you are a graduate, you can directly apply for Intermediate level which consists of only theoretical examinations. There are 6 subjects arranged into 2 modules of 3 papers each of 100 marks-
Financial Accounting
Commercial & Industrial Laws and Auditing
Applied Direct Taxation
Cost & Management Accounting
Operation Management and Information Systems
Applied Indirect Taxes
2. Every student taking up the Intermediate level/course, should undergo compulsory coaching with the institution. The coaching may be taken up at the discretion of the student in any one of the two modes, ORAL or POSTAL.
*Taking oral coaching is like joining a recognized institution and going to college for classes.
*Taking postal coaching is like joining any correspondence course.
3. Once Intermediate level is done, you need to go for 100 hours of computer training. Thereafter, every student having registered under ICWA, shall be required to undergo practical training for a period of 3 years on whole time basis to the satisfaction of council in any one or more of the organization and in areas as specified for the recognition for training.
4. The course will enable you to excel in areas of cost accounting and managerial accountancy. After the completion of ICWA course, candidates would be capable of managing the finances of a business organization.
Job profiles available for ICWA degree holders:
Internal Auditor
Finance Manager
Cost Controller
Excise Auditor
Cost Auditor
To work in these profiles, an ICWA professional will require immense knowledge and expertise to handle various types of accounting work. These job profiles offer high remuneration packages of more than Rs. 6,00,000/- to Rs. 8,00,000/- per annum.
Also refer the link below-
https://www.shiksha.com/career-in-icwai-article-4663-1
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Hi,
ACA stands for Associate Chartered Accountant.
Members of the Institute (ICAI) are known as Chartered Accountants. Becoming a member requires passing the prescribed examinations, three years of practical training (known as articleship) and meeting other requirements under the Act and Regulations.
A member of ICAI can use the title CA before his name. A member of ICAI may either be an Associate Chartered Accountant (A.C.A.) or a Fellow Chartered Accountant (F.C.A.) based on his experience. Further based on holding Certificate of Practice, they may also be classified as practicing and non-practicing Chartered Accountants.
Any person who is granted membership of the Institute becomes an Associate Chartered Accountant and is entitled to use the letters A.C.A. after his name. Generally, associates are members of the Institute with less than 5 years of membership after which they become entitled to apply for being a fellow member.
You simply have to pick CA and you might get exemptions in a few papers based on ICWA qualification.
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Hi,
ICWA is definitely a good course for students who wish to pursue a career in finance and management.
1. ICWA (Institute for Cost and Work Accountants) course is divided mainly in three stages:
Foundation Course
Intermediate course
Final course
2. Eligibility Criteria:
• candidate must have appeared/ appearing 10+2 level from the recognized board and also above 17 years of age to be eligible for this foundation and certificate part i course.
• candidate must have done graduation in any discipline or must pass the foundation programme to be eligible for the Intermediate course.
3. The course admission is open throughout the year and the exams are conducted in the months of June and December.
For more, refer- http://icmai.in/student/admission
4. Duration:
Foundation course : 10 months
Intermediate course : 1 year
Final level : 10 months
5. Prospectus Fee- Rs 200/-
For more, refer- http://icmai.in/upload/Students/Admission/feesEffective.pdf
6. The course will enable you to excel in areas of cost accounting and managerial accountancy. After the completion of ICWA course, candidates would be capable of managing the finances of a business organization.
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Hi,
After completing 12th from commerce stream you may consider pursuing:
- B.com.
- BBA (Bachelor of business administration)
- BHM (undergraduate degree in hotel management)
- BMM (Bachelor of Mass Media)
As per your query regarding MBA, then please remember in order to pursue full time MBA or PGDM program you need to be GRADUATE in ANY FIELD with atleast 50% marks in graduation, plus you need to take various management entrance test like CAT, MAT, XAT, SNAP, etc.
I would request aru.chopra to give you detailed information regarding various course you pursue as per your profile.
Please browse through the link mentioned below to get detailed information regarding various career prospects after completing 12th from commerce stream.
Link: https://www.shiksha.com/career-options-after-12th
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All the Best.