Rajsee Kulkarni
(student)
(78 Points)
Replied 07 November 2016
Namit chhabra
(CA-Final)
(141 Points)
Replied 07 November 2016
Don't ask for free advice on a public forum regarding your struggle as no one will give a genuine advice.
You say you're 26 and still didn't clear ipcc. If I were at your place, i'd have left CA and started some other course just after max 3 failed attempts of ipcc. Ipcc is not worth so many attempts my friend, and you'll realise very late that ipcc is just a drop in front of the ocean i.e CA Final.
Even if you continue CA now, you won't become a CA before 3-4 years if you haven't started your articleship yet.
By that time, you could finish 2 short term diploma or certificate courses of your choice. My suggestion is that you get yourself a job ASAP. Having a job will get you a life sooner or later, and you will have a borader vision of your future. By 3-4 years in job you'll gain enough experience to get a managerial position. Give CA a break, and just focus in getting a job. And have faith in God..
CA Ronak Garodia
(Qualified Chartered Accountant)
(125 Points)
Replied 07 November 2016
CA Ronak Garodia
(Qualified Chartered Accountant)
(125 Points)
Replied 07 November 2016
Varun
(none)
(379 Points)
Replied 07 November 2016
mrutunjaya parhi
(student)
(64 Points)
Replied 07 November 2016
bintoo
(A.A)
(79 Points)
Replied 07 November 2016
Please visit Dr. Randeep Guleria , AIIMS,Delhi. In my openion, no Doctor is better than this in India for your diseases.
Saurabh
(Occupied)
(53 Points)
Replied 08 November 2016
You have only 4 attempts in UPSC, unless you are from the SC/ ST category.
Naresh
(student)
(54 Points)
Replied 10 November 2016
ANAND BAKSHI
(ARTICLE)
(50 Points)
Replied 10 November 2016
Ganesh Vaideeswaran
(Director Grey Matter Academics Pvt. Ltd)
(1291 Points)
Replied 21 February 2018
Options for CA failure students
The term CA failed students is too generic to comment. It could fall in any of the following categories :
The reason for classifying as above is if a student has failed either in his IPCC or CA Final just a couple of times, there is no real reason for him to panic or feel frustrated as 70% of the students fall under this category. With the results of these exams being as mean as it is, this is bound to happen. However if the student has not been able to clear the exams (not even a group to give him some comfort) more than 4 times then one has to look at viable alternatives. Since the action plan for categories 1 and 3 are similar, am combining the same to avoid repetition.
IPCC / CA Final failed a couple of times
The student has to do the following in such a case :
Once a student does the above, the probability of his passing the exams gets much better.
IPCC attempted more than 4 times
If a student has religiously followed what has been suggested above for students who have not been successful in their IPCC for a couple of times but still has not been able to achieve the desired results for more than 4 times, then it is time to think of Plan B. It is to be clearly understood having a Plan B is not a reflection of a student’s incapability but rather an assertion of his understanding the ground reality and taking appropriate corrective action for his success. There are innumerable cases where students have done this and been very successful in their career and life. After all its not for nothing did Sir Winston Churchill state “Success is nothing but going from failure to failure without loss of enthusiasm. “
A student who falls in this category must have completed his B.Com by this time on the presumption that he was pursuing the same along with his preparations for his IPCC. Thus he must have spent at least 3 years by this time on CA (including CPT) and hence needs some immediate dose of confidence to ensure that his Self Esteem stays put. The need of the hour here is some short term Certification Courses that does not exceed 12 months duration but at the same time gives him the shot in the arm to kick start his career meaningfully. The CMA from the US and the CIA from the US are two programs that immediately come to my mind. These are short term programs (a candidate can expect to complete the same in less than a year if he is committed) and enjoys global recognition. With many MNCs setting up shop in India these courses are picking up in demand and is expected to soon become well sought after. With the focus on Application, Analysis and Evaluation more than mere Remembering and Understanding, these courses precisely meets the needs of the industry today in the global scenario.
Final attempted more than 4 times
Similar to IPCC, Plan B becomes essential for students in this category also. In addition to the CMA and the CIA programs detailed above, the Certified Public Accountant (CPA) of the USA also becomes a very viable option for a student who has cleared both the Groups of his IPCC but not able to clear his CA Final. Again with just 4 papers to be completed, a committed student can complete this program in 6-12 months time frame. With the flexibility to write the exams paper by paper (similar to the CMA & CIA) this program gives is a real boon for students wanting to earn a global certification in finance and accounting.
For further information, reach us at <ganesh.v @ greymatteracademics.com>
Ganesh Vaideeswaran
CPA (USA), CIA, CMA (USA), ACA, Grad.CWA