Is Direct Entry In CA After Graduation Right For You? Assessing Eligibility And Readiness

 Direct Entry In CA After Graduation

Recent graduates can benefit from the ICAI Direct Entry Scheme for 2023 and 2024, with StudyByTech offering specialized classes. The scheme offers benefits, eligibility criteria, and a fast-track route to a rewarding CA career.

Who is eligible for CA Direct Entry?

Eligibility for the direct entry scheme requires a bachelor's degree in commerce, 55% marks, or 60% in Science and Humanities, and passing the Intermediate level of ICSI or ICWA.

How to register for CA Direct Entry?

Final-year graduates can provisionally enroll in Intermediate course and articleship training after passing the graduation test, provided proof of Orientation Course and Information Technology completion within six months.

ICITSS is mandatory for all CA students, including those taking the direct entry scheme. Students can register for the Intermediate level of the CA course after graduation but must complete the Orientation Programme and Information Technology (ICITSS) course before starting practical training. No refunds or credits will be given for theoretical knowledge obtained during the provisional registration period.

Graduates of ICITSS course begin practical training, overseen by a chartered accountant, gaining hands-on experience in accounting, auditing, and taxation. After 9 months, they can appear in the CA Intermediate exams.

Benefits of CA Direct Entry:

The direct entry scheme is a great option for graduates who want to become chartered accountants quickly. By skipping the Foundation level, graduates can save time and money. However, it is important to note that the direct entry scheme is not for everyone. Graduates who are not confident in their accounting skills may want to consider taking the Foundation level first.

The direct entry scheme is a fantastic choice to take into consideration if you are a recent graduate who is interested in becoming a chartered accountant. With hard work and dedication, you can achieve your dream of becoming a CA in just a few years.

Here are some of the benefits of taking the ICAI CA Direct Entry Scheme:

  • You can save time and money by skipping the Foundation level of the CA course.

  • You can start your practical training sooner, which will give you more experience in the field.

  • You will be able to become a chartered accountant sooner, which will open up more career opportunities.

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