Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

Entry into CA After MBA

Sandeep (Junior Functional Consultant) (67 Points)

12 August 2009

Hi All

I have Completed my MBA in 2006 & i am presently working in a Software Company. I thought of Doing CA ,,,So how am i suppposed to proceed further now, i dont have much idea ,,so if any one can give me suggestions i will be very happy

BUT I WANT TO DO CA.Show i go for Article Ship directly or should i write IPCC (PE2) Exam....Please suggest me...

Urgently. Waiting for ur reply.

Reply
Follow
Share

14 Replies

Krunal Raichura (Financial Advisory) (2134 Points)
Replied 12 August 2009

You need to clear the CPT exam first. On passing the same, you can appear for the IPCC exam.

Upgrade to CAclubindia Pro. Subscribe Now!

Sandeep (Junior Functional Consultant) (67 Points)
Replied 12 August 2009

Thanks for the prompt reply sir

But the thing is that i heard that if we have done our Degree no need to write PE1(CPT) we can go for PE2(IPCC) Exam...So what is your reply on this sir.

Krunal Raichura (Financial Advisory) (2134 Points)
Replied 12 August 2009

Earlier, in the old course, students who have completed graduation were exempted from giving the foundation (PE1) exam. The old course is now replaced with a new one.

Under the new course, the exemption of foundation of exam (now known as CPT) is not given to anybody.

Keyur (student[ca final]) (378 Points)
Replied 12 August 2009

Dear Sandeep

Though u have cleared MBA but as per new rule in CA Act you must have first clear CPT [Common Proficiency Test] then after only u get admission in IPCC.

Student who had clear 12th, B.Com, M.com or MBA everybody must have to clear CPT exam then after he will be eligible..

BALASUBRAMANYA B N (CCI STUDENT....) (44679 Points)
Replied 12 August 2009

Agreed....

Upgrade to CAclubindia Pro. Subscribe Now!

Maria (Business) (54 Points)
Replied 14 August 2009

Agreed....

Hey Sandeep I'm too planning to go for CA after a break from studies.. I have my own business.... now I think should go for CA to understand the financial aspects of it better.

Can anyone tell me if one clears in single attempt then whats the min duration to complete CA ?

Thanks in advance

Kshitij Saxena (CA Final) (256 Points)
Replied 16 August 2009

its about 4.5 years

however when you are in training cannot be active in service or business its a full time job

If you want to understand finance or specialise yourself for better vservice oppurtunities there are other courses like CFP or CFA as well

Maria (Business) (54 Points)
Replied 17 August 2009

Thanks Ksh*tij.

There are so many issues i have heard abt CFA. The exam n all.

Regarding CFP , can u please give me some more information. Like which institute n all... or may be a site address.

Thanks

Maria (Business) (54 Points)
Replied 17 August 2009

Thanks Ksh*tij.

There are so many issues i have heard abt CFA. The exam n all.

Regarding CFP , can u please give me some more information. Like which institute n all... or may be a site address.

Thanks

Kshitij Saxena (CA Final) (256 Points)
Replied 18 August 2009

Well the issue regarding CFA is only this that AICTE has not permitted CFA- USA to conduct further exams in India which was fought in court and CFA- USA lost therefore if you want to use this deignation in INDIA it is not valid however you can go for CFA from ICFAI which is valid in India but this is not valid in USA and Canada.

Certified financial Planner (CFP) :

Well these guys deal with individual needs i.e. they will plan for financial needs of an Individual during his life time.

This course is recognised in India by Financial Planning Standard Board of India which is associate with lots of other countries thus giving you an international certification.On behalf of FPSB this course is conducted in India by several recognised like:

ICFP,IIFP,Bajaj

It is divided in six different modules (syllabus attached herewith).

You also need to have three years experience to claim this designation however you can join this course anytime after class 12.

There will be online 5 objective papers and one theoratical case study paper(Module 6)

People already having professional degrees like CA,CS,CWA,lawyers ,MBA etc. can take benefit of challenge status i.e. they need to clear sixth module only to be called CFP.

There are huge oppurtunities for these people as many banking Cos. are hunting them

Attached File : 32 cfp syllabus 1 .pdf downloaded: 230 times

Upgrade to CAclubindia Pro. Subscribe Now!

Kshitij Saxena (CA Final) (256 Points)
Replied 18 August 2009

Please revert for further queries .

Regards

Ksh*tij Saxena

Sandeep (Junior Functional Consultant) (67 Points)
Replied 18 August 2009

Hi Ksh*tij Saxena

Please can u provide me the contact details of the CFP in Bangalore. & the exam schedules Etc.....my Contact number is 9986078513

Maria (Business) (54 Points)
Replied 18 August 2009

Thanks for the info...

I'm just concerned abt the exp. part here. I don't have financial exp. Will the exp of my business count???

subhadeep (AM) (21 Points)
Replied 03 September 2010

Hi All,

I have done MBA in finance in 2006 and currently working in a infrastructure firm in corporate finance profile in Mumbai. I have finished my CA articleship in May, 2002 and not has pursued the course since then. Now I want to resume my CA after converting it to IPCC. I am 32 now. Kindly advice on a urgent basis.

Subhadeep