Prem Lal Joshi (Professor) (36 Points)
17 January 2021Hi greetings.
I am interested to collect some information on the following:
1. Total estimated demand for CAs in next five years ( any survey and supply . What could be the demand -supply gap?
2. Source for CA students drop outs (percentage) and possible reasons for their drop outs. I need this information for research purposes..
Any one can help in this. Thanks and appreciated
Thanks
Kapil Bhai
(2 Points)
Replied 30 April 2023
According to a report by the Institute of Chartered Accountants of India (ICAI), the demand for CAs is expected to grow significantly in the coming years. The report suggests that there will be a demand for around 75,000 to 1,00,000 CAs annually in India for the next five years. This is due to the increasing number of businesses and startups, as well as the growth of the economy in India.
However, it is important to note that this is just an estimate and there could be various factors that could impact the demand for CAs, such as economic conditions and regulatory changes. As for the demand-supply gap, it is difficult to predict as it depends on the number of students enrolling in CA courses and the number of CAs who are available in the job market.
There isn't a lot of data available on the percentage of CA student dropouts and their reasons. However, according to a survey conducted by the ICAI, some of the reasons for CA students dropping out of the course could be a lack of interest in the subject, difficulty in clearing exams, and inadequate coaching and guidance.
Other possible reasons for CA student dropouts could include personal reasons such as health issues, family obligations, or financial constraints. Some students may also drop out to pursue other career paths or higher education options.
It is important to note that these reasons may vary depending on the individual circumstances of each student.
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