Dear Kushal,
I liked your critical comment.
Many time I say to the students not to join CA even though they have passed CPT specially on Margins i.e. scoring around 50-55%. At that time they donot accept the advice and take it as I am misguiding them.
Read my article "ONE SHOT SUCCESS IN CA" wherein I have fully exaplined about the peculiarities of CA profession.
/articles/one-shot-success-in-ca-4051.asp
Students feel themselves Genius and behave like that also. When they see the realities then start going afraid. At the beginning of the CA career as a student; they are very confidennt (over confident ?) and the moment results are in their hands; they blame others......specially the Institute... for which they all are ready to be a member.......Don't they hear at the time of joining CA that it is a tough job to qualify as a CA ? Have you seen any Ranker who is blaming the Institute....
Students say I performed very well without knowing the standards of the Institute.
For details see my article 'SIX MONTHS IN WASTE ? NOW INVEST."
/articles/six-months-in-waste-now-invest--4490.asp
There are so many students who could not clear CA in their life. I have already narrated one case on caclubindia that 30 years back; one Gauri Shankar Soni scored Ist Rank all over India in CA Inter; but could not get success in CA Final !
The reason is clear. I can say. Go to caresults.nic.in and see the results of CA Final Old Syllabus and you would find that students score less than 40 marks in Accountancy ! On this basis they joined that we have interest in Accountancy ! Tell me haven't they passed PCC ? Then why such marks in Accountancy ? The reason is that students are not ready to read theory part of Accountancy very well. The tend to run to solve practicals. Is it true or not ?
I have seen many businessmen who closed there activities after certain years. You might have heard about some sick Textiles Mills which earned huge profits during Second World War and they started giving Bonus to their employees. That Bonus Tradition is still continued and those sick mills like Calico of Ahmedabad......? You can accept that they earned a lot; but tell me why they failed after establishing themselves as a successful businessmen ?
When students don't update their knowledge from the Institute's Journal and other published materials, if they don't see the latest developments; it is very difficult to IMAGINE they can pass CA.
By trial and error one can pass but by chance.
Support from family, friends and other well-wishers is a must for a CA student. That is what I have written above.
AT THE TIME OF DECLARTION OF THE RESULTS;
I STRONGLY APPEAL TO ALL THE STUDENTS, CA AND PARENTS -
TO BE WITH THE UNSUCCESSFUL CANDIDATES -
ALL THE TIME
FOR SOME DAYS TO AVOID SUCH INCIDENCES -
SPECIALLY WHEN SOMEONE IS
DEPRESSED !
There is a misconception among the students that by passing CA only there is a career. I have seen so many my colleagues; who were financially weak before; but earning well by doing business now. But to start business; they have to struggle a lot. Refer the moovie "GURU" which is a true story of a Dhirubhai Ambani.
Why to forget Microsoft's Bill Gatt. What formal education he has ?
Do you know that most of CA are running their practice in traditional areas. Why ? Because they could not upgrade themselves in the line of developments.
So Dear One,
Change the mentality that by passing only there is a Career. You might be again thinking like others that I am misguiding. But believe me; I am honestly telling all the students; go for alternatives which are easily available if you cannot "afford" time or "passion" to be a CA.