How to Pursue CA Course after 12th?

Are you one of those commerce students of class 12th who wish to pursue a career as a Chartered Accountant and hence is looking for CA course details after 12th? Then, you have definitely arrived at the right spot.

If you are keen on knowing how to pursue a CA course after the 12th and are looking for the eligibility and requirements to become one, here is a blog that will tell you all the pertaining CA course details after the 12th. You’ll also come to know the amazing job profiles and salaries offered to CA candidates towards the end of this blog.

What is a Chartered Accountant (CA)?

Before knowing the CA course details after the 12th in detail, you must first polish your knowledge, by quickly understanding who is a CA. A Chartered Accountant or CA is a person who has a career as a financial controller in business companies and other sectors. The top different positions acquired by a CA include:

• Tax Accountant
• Management Accountant
• Financial Accountant
• Financial Analyst
• Budget Analyst
• Auditor, and more

CA is divided into 3 levels along with 3 years of practical training which requires approx. 4.5 years after class 12th. One can become a CA after class 12th or graduation. The candidates must clear three levels of examinations conducted by ICAI, which we will discuss in the later section of the blog.

Also Read: Career in Finance

CA Course Importance

The blog on CA course details after the 12th would be left incomplete if we don’t discuss why you should pursue this honourable course. CA as a profession has been a very popular job profile among youth and adults, for a very long time. The job is highly reputed and brings in a lot of financial stability.

Almost every industry and company requires a financial analyst to keep track of their expenses and incomes. This clearly means that the job demand is high and high-quality CAs are always required in any industry or sector of the economy.

Eligibility to Become CA after 12th 

Before hopping onto CA course details after the 12th, let’s first check the eligibility criteria for becoming a CA. Enlisted below are the eligibility criteria for the same:

• The candidate must have cleared the senior secondary examination or 10+2 examination.
• A candidate who has cleared entrance examinations or foundation examinations or professional education is eligible for enrolment in Accounting Technician Course (ATC)
• A candidate registered for intermediate/professional education or intermediate/ professional competence is eligible for enrolment
• Students registered for the Intermediate IPC course without the ATC can also opt for this course

Also Read: How to Pursue CA Course after 12th?

CA Course Details after the 12th: Step-wise Guide

After briefly going through the eligibility criteria, let’s now discover how you can pursue CA after the 12th. If you are in the final year of the 12th class or are done with the exams, you must start preparing as early as possible. Given below are the requirements and all the required CA course details after the 12th.

Go through each one of them to understand how you can achieve your dream career.

1. CPT Route after Class 12th

Register with the Institute of Chartered Accountants of India ICAI for the common proficiency test after the class 12th exams. One can even register after class 10th and appear for the exam after completing class 12th.

There are 4 subjects asked in the test namely Accounts, Law, Economics, and Quantitative Analysis. It is a 200 marks entrance exam. A minimum score of 100 out of 200 is required to clear it.

2. Register for the Integrated Professional Competence Course IPCC

A candidate who has passed both the CPT and class 12th exams is eligible to register for IPCC. The registration should be done nine months before the first day of the examination month. The IPCC exam includes seven subjects with 700 marks. A score of 40 marks in every subject is compulsory to clear the exam.

An overall score of 50% or above is also necessary. The exam has two categories, the first category has 4 papers namely Accounts, Law, Taxation, Costing, and Finance Management. The second category has 3 tests namely Audit, IT and Strategic Management, and Advanced Accountancy. On obtaining 60 marks in any subject, the candidate is exempted from reappearing for that paper in the next attempt.

3. Articleship/Internship

This is the next step after clearing the IPCC exam. It is a 3-year long training program or an internship that is done along with the CA final exam.

This training is provided under a qualified CA for the complete 3 years.

4. CA Final Course Registration

This examination is conducted during the last 6 months of the 3 years of an internship program.

The candidate can enrol as a member of ICAI, designated as a Chartered Accountant. Post clearing all the exams with flying colours, the candidate can call himself/herself a “Chartered Accountant” with pride.

Also Read: Certified Internal Auditor: All You Need to Know!

5. Fees

The cost for the entire course of CA after class 12th is around INR 50,000 to 80,000. It includes all the charges such as registration fees, journal fees, orientation course fees, entrance exam fees, and others.

6. Duration of the CA Course 

When asked about CA course details after the 12th, one of the most frequently asked questions is how many years will it take to complete the CA course and training? Well, it will take a minimum of  12th around 4.5 to 5 years after the class 12th to complete your CA course. The candidate must begin the CPT/CA foundation course.

The candidate is eligible for IPCC after 9 months. The eligibility for an internship is after group I of IPCC. Also, students can either take direct entry into the CA course after class 12th or they can take admission in the intermediate course after graduation. It entirely depends on the choice of the student. 

7. CA Syllabus

Firstly, the class 12th candidates need to prepare for their senior secondary examination. The commerce students have the subjects of Accounts, Law, Finance, and Economics. They must prepare for these in advance so that the CA exams are easily cracked.

The 3 levels of CA exams require different preparations and hence the syllabus also varies. The CA course details after class 12th on the syllabus and subjects are mentioned below:

• The CPT exam or the CA Foundation exam includes the topics of fundamentals of Accounting, General Economics, Quantitative Aptitude, Laws, and other important topics that are part of the CA Foundation syllabus.
• The IPCC exam has a very vast syllabus which includes topics of Communication, Business Ethics, Taxation, Advance Accounting, Auditing, Insurance, Information Technology, Strategic Management, and similar other topics or subjects.
• The CA final exam is the last and final stage to become a CA. It has the toughest syllabus of all and includes topics such as Professional Ethics, Advance Management, Accountancy, Financial Reporting, Strategic Finance, and similar other subjects. Passing this exam guarantees a career as a CA.

CA Course Fees

Here is the structure of the CA Course Fee 2024. Please refer to the authorised authorities for any changes in future.

CA Foundation Registration Fees	9000
Journal membership for a year	200
CA Foundation examination fees	1500
Practical training fees	–
Online form fees	200
Total	10,900

Career after CA Course

After knowing everything about CA course details after the 12th, let’s now dig into some of the best career options and prospects to pursue after CA. A CA exam-qualified candidate is eligible for the following job profiles

• Chartered Accountant
• Finance Manager
• Financial Advisor
• Financial Analyst 
• Auditor
• Internal Auditor 
• Public Accountant
• Cost Accountant
• Government Accountant
• Taxation Expert
• Accounting Firm Manager

The starting salary of a CA in India usually ranges between 5 lakhs to 8 lakhs INR per. With an increase in knowledge, skills, and experience, it can go up to 28 lakhs INR per annum.

FAQs

Also Read

Study Beautician Course: Top Courses, Syllabus, and More	Basic Computer Courses List
Top Courses after 12th PCB: Know Your Options	BA LLB Subjects: Full Form, Syllabus, Subjects, Specialization, Books, Eligibility, Entrance Exam, Top Universities, and Scope
Dissertation Topics in Marketing	Mechanical Engineering Syllabus

To read similar blogs and content on different career options, courses, and opportunities available after class 12th, then stay tuned to Leverage Edu.