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Engineering grad intrested in persuing CA

Swetha (student) (26 Points)

01 August 2008

hi al.....this is Swetha...i am an enginerring graduate...completed my BE(IT) in 2007.....i always had a deep seated desire to persue CA.....now that i have an oppurtunity to study more... i am planning to do CA...Many of my friends and my parents are not happy with my decision.....so friends plzz correct me if i am wrong......... i collected details about CA...i heard that graduates with 55% need not take CPT??????plzz give me the details about courses in core finance other than MBA...and will i get any kind of exemptions as i am a graduate ? eagerly waiting for the reply ..................

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7 Replies

Krishna Chaitanya M (CA) (120 Points)
Replied 01 August 2008

One has to appear in CPT compulsorily - It is the entrance route for persuing CA....

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Final Student (Articleship Trainee) (36 Points)
Replied 01 August 2008

Originally posted by :Swetha
"	hi al.....this is Swetha...i am an enginerring graduate...completed my BE(IT) in 2007.....i always had a deep seated desire to persue CA.....now that i have an oppurtunity to study more... i am planning to do CA...Many of my friends and my parents are not happy with my decision.....so friends plzz correct me if i am wrong......... i collected details about CA...i heard that graduates with 55% need not take CPT??????plzz give me the details about courses in core finance other than MBA...and will i get any kind of exemptions as i am a graduate ? eagerly waiting for the reply ..................	"

Hi,

I am a final student..if u choose to pursue CA..you should spend minimum 4 years and should get training under a chartered accountant for three and half years..apart from this you should work hard to reach the destination..If u ready for this you may proceed..

Swetha (student) (26 Points)
Replied 01 August 2008

thanks a lot for the quick reply guys......can some one give me details about other courses in finance........

CA Himanshu Awasthi (Manager (Advances)) (520 Points)
Replied 01 August 2008

Originally posted by :Swetha
"	thanks a lot for the quick reply guys......can some one give me details about other courses in finance........	"

U can opt Master of Finance & control, Diplomas in apllied finance by NIIT Imperia. But remember one thing " Hazaron ki salary wala company ki karoro ki jeb bharta hai CA wahi ban sakta hai jo lohe ka jigar rakhta hai". very best of luck.

Rushikesh (Chartered Accountant - Manager Finance) (2375 Points)
Replied 04 August 2008

You can do CFA or CIMA at the best

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YC Chiranjeevi (Financial analyst) (32 Points)
Replied 24 December 2008

Hi Sweta,

i am also an engg. grad.

Generally Engg. grad who wants to have strong footage in Finance will prefer MBA Finance or ICWA; not CA as CA is inclined towards Audit and Regulatory Compliance.

Where as ICWA is directly related production (even software production, for IT enggs) with concepts such as Costing, Management reporting.

ICWA is more about analysis, management, etc.

I have discussed this with many finance professinals e.g. once I met an old fellow working at World bank and said about my plans to become a Energy Consultant, asked for his guidance, he quickly suggested me to take ICWAI.

People think that ICWAI is just another flavour of ICAI. The two are set up by Indian governments for two distinct needs, which might have some common featu;re. But the needs are different.

So, it depends on you whether to for ICAI, if you want totally for get your B. Tech. and go for CA

or to ICWAI if you want to use both engg. skills and accounting and financial skills.

Guys throw more light on this issues.

Please tell me whether my ideas are correct?