Clearing Chartered Accountancy (CA) exam is one of the most difficult tasks for students in India as it requires a high level of dedication, hard work, and subject knowledge. Becoming a CA is also rewarding for students in terms of having ample career growth opportunities and good financial perks.
A three-level CA program, including Foundation, Intermediate, and Final program is organized by The Institute of Chartered Accountants of India (ICAI) for Indian students to become an ICAI certified CA.
Here are some essential courses that can be pursued post-CA completion:
#1. The Chartered Financial Analysis (CFA) program
Chartered Financial Analysis (CFA) program, offered by the US, CFA Institute is one of the most popular professional career options for students after clearing the CA exam. This program is divided into three different levels wherein each level focuses separately in areas like investment, wealth management, stock market, portfolio analysis, etc. Having a CFA certification (valid globally) provides a direct entry into the corporate world for students.
#2. Diploma in Information System Audit (DISA) by ICAI
DISA is an excellent professional diploma course for candidates after clearing CA. It provides an opportunity for CAs to hone their skills and knowledge in the field of IT dynamics and get prepared for an information system (IS) audits, bank audits, and other areas relevant to information security.
#3. The ACCA Chartered Certified Accountant program
The Chartered Certified Accountant program offered by the UK’s Association of Chartered Certified Accountants (ACCA) is another excellent professional qualification opportunity for students after clearing the CA examination.
This program is globally recognized with availability in 180 countries, including India. The program includes verticals like financial reporting, taxation, company law, audit, management accounting, financial accounting, and financial & assurance management, and so on.
#4. IIA's Certified Internal Auditor course
The Certified Internal Auditor (CIA) is a pursue worthy certification program for CA students in the field of internal auditing. US-based Institute of Internal Auditors (IIA) organizes this globally recognized program that is available in India too.
#5. Cost & Management Accountancy (CMA)
Cost & Management Accountancy (CMA) is another popular program that one can pursue alongside or after CA. Institute of Cost Accountants of India arranges this program for CA Candidates that comprises of three levels-Foundation, Intermediate, and Final.
This course offers specialization in cost accountancy, cost management, strategic planning, corporate finance, economics, performance management, and organizational management.
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