How to Become CA after Graduation? It is one of the questions which is in trend among graduate and PG students. Well, direct entry in CA has been implemented by ICAI w.e.f. 01 August 2012. According to the direct entry scheme introduced by ICAI, graduates and PG students can register for CA intermediate courses directly without giving CA foundation exams. With the direct entry, the CA duration has reduced from 5 years to 4.5 years, i.e., you’ll save 6 months.
In this article, we have covered the process to become a CA after graduation, where you will get details of the direct entry scheme 2023, such as registration fees, eligibility criteria, articleship training fees, procedure, and duration of the CA course after graduation.
Eligibility Criteria for Direct Entry Scheme 2023
Many students who want to become CA and are pursuing graduation have one question, how to apply for CA after graduation? Before you dive into other details, start with the basic. The eligibility criteria to register for CA intermediate under the direct entry scheme are mentioned below-
- Commerce graduates and postgraduates with a minimum of 55% marks can directly apply under CA direct scheme. Other graduates and postgraduates with a minimum of 60% are eligible to apply for CA after graduation under the direct entry scheme.
- Students who have passed the intermediate level of the ICAI or ICSI.
- Students appearing for graduation final exams can also register for CA direct entry scheme under the provisional scheme. In the provisional scheme, students can register for CA intermediate first-group exam under the assumption they will graduate with the minimum marks required. They need to submit proof of graduation within 06 months of applying for CA intermediate under the provisional scheme.
How to Apply for CA After Graduation?
Before you scroll through other details of How to Become a CA after Graduation, know how to register for the direct entry scheme. Follow the steps mentioned below to register for CA after graduation through direct entry-
- To register, visit the official website of ICAI, www.icai.org
- Click on the tab first-time user and then register. Submit the details & then tap on generate OTP. You’ll get login credentials via email & SMS.
- Using login details, login into the portal and visit the Students function.
- Click on the button to apply for CA intermediate level by direct entry. Fill in the asked details and submit documents. Once submitted, pay the fees.
Direct Entry CA Intermediate Fees
One of the things to know when you are looking to pursue a CA after graduation is the fee structure for CA intermediate through a direct entry scheme. Candidates who are enrolling under the direct scheme have to enrol for CA intermediate in both groups. Below mentioned is the fee structure.
| Registration & various charges | Both Groups |
| Registration Fee | INR 15,000 |
| Student Activity Fee | INR 2,000 |
| Registration fee as articled assistant | INR 1000 |
| Total Fees | INR 18,000 |
CA Articleship Training Fee through Direct Entry Scheme
After clearing CA intermediate exams, candidates have to register for articleship training before CA final exam. They have to do 03 years of articles and 04 weeks of ICITSS.
| Particulars | Intermediate | Finals |
| Integrated course information technology | INR 6500 | INR 7000 |
| Soft Skills | INR 7000 | INR 7500 |
| Articleship- 03 years | INR 2000 |
CA Direct Entry scheme registration fees for CA final both group is INR 22000. Thus, the total fee for the CA course after graduation through the direct scheme is INR 76,200.
How to Become CA after Graduation through Direct Entry Scheme?
- Graduates and postgraduates from commerce with a minimum of 55% and other graduates and PG with a minimum of 60% can register directly on the website for CA intermediate exam through a direct entry scheme.
- Students have to complete 04 weeks of the orientation program and information technology before joining practical training.
- They have to take 03 years of practical training (articleship).
- To appear in CA intermediate exams, they have to complete 09 months of articleship. Pass both groups of CA Intermediate.
- Register yourself for CA final course after qualifying for CA intermediate in both groups.
- Undergo 04 weeks of AICITSS during the last 02 years of articleship and before appearing for CA final exams.
- Complete training & qualify for final exams. Once students qualify for CA final in both groups, they become certified CA.
How to Get High CA Salary Packages in India?
1. Join Big 4 Firms
The Big 4 are the best Accountancy firms in India that manage monetary management, actuarial, legal services, etc. Individuals in their starting years can get around 6-8 lakh. Moreover, with an experience of 4-5 years, they start getting an average salary of 25-28 lakh. In these firms, the best thing is the knowledge and experience that you get. However, individuals who can’t handle loads of work are not a good fit for these organisations. In the end, it will be a great opportunity if you got into the Big 4, as they can give you a good CA salary in India per month.
2. High Rankers are Paid High Always
The high-ranking Chartered Accountants try to get a respected positions in prime organizations like ITC, Hindustan Unilever, Reckitt Benckiser, Procter and Gamble, Tata Automobiles, Marico, etc. For high remuneration, avail facilities, and professional development for improvement in a settled life. These organizations are the most incredible on the lookout, and subsequently, they need the top Chartered Accountants to deal with their funds. Also, these organizations offer the CAs beginning packages of 18 to 25 lacs each year which is a huge sum for a fresher.
3. Subject Matter Experts or Managed Network Experts
It becomes a lifetime chance to be a Chartered Accountant, knowledgeable with information and plenty of monetary laws and citations, to be a Subject Matter Expert or Managed Network Expert to share their insight and bring in a lot of cash. They can resolve the scholarly subject questions of understudies examining unfamiliar colleges and schools and bring in money for each settled inquiry. The remuneration is fixed, and the annual increment makes the remuneration increase per year.
Also Read: Which Skills Are In-Demand in UAE?
Conclusion
We have covered complete details on How to Become CA after Graduation through direct entry, like eligibility, fees, etc. We hope this article has cleared your doubts and is helpful to provide you required information on how to apply for CA after graduation.
