Chartered Accountancy, or CA, is a standard course encompassing accounting, taxation, financial assessment, and financial economics curricula. CA course in India is a 3-level course with high demand not just in the Indian market but also in the international market.
Over 30 CA colleges and institutes in India offer full-time, part-time, or online CA classes to students. The top Chartered Accountancy Colleges in India offer this program at the undergraduate and postgraduate levels with reasonable tuition fees.
Some of the most famous Indian cities for studying CA are Delhi, Bangalore, Mumbai and Ahmedabad. Students are often seen studying CA and B.Com simultaneously. Other than students from India, students from Nepal are also seen going to India to pursue a CA course
Generally, private and semi-government institutes offer CA courses in India. After completion of this course, the Institute of Chartered Accountants of India (ICAI) deems the students certified and qualified Chartered Accountants (CAs)
List of Top CA Colleges in India
- The Institute of Chartered Accountants of India (ICAI), Noida
- Indian Institute of Finance and Accounts, Pune
- Pearn Accountants, International Accountants and Business Consultants, Kochi
- Zell Education Mumbai
- Vista Academy, Dehradun
- ETEN CA, Guwahati
- PIRON Scholl of Business and Finance, Mumbai
- Siddhartha Academy, Thane
- Navkar Institute, Ahmedabad
- CMS For CA, Hyderabad
- PIRON School of Business and Finance, Bangalore
- International School of Financial Studies, Secunderabad
How can you study CA in India?
Eligibility criteria to study CA in India
Students need to show their eligibility in the eyes of the Institute of Chartered Accountants of India (ICAI).
- Students who have completed two years of higher education, including a diploma program after passing the 10th grade and who were admitted to the first year of a bachelor's degree program by the Central or State Government(s), or who have completed a bachelor's degree program at any university, including an open university recognized by law in India, are also eligible for admission to the Common Proficiency Test (CPT).
- Any other approved Board or University that is not mentioned above but is recognized by the Association of Indian Universities (AIU) as having a senior secondary (10+2) examination is comparable to the senior secondary (10+2) examination approved by the Central Government.
Cost of studying CA in India
The cost of studying CA in India ranges from INR 20000 to INR 3 Lakhs. Plenty of CA institutes have a course fee of less than 1 lakh. These colleges have made studying CA in India affordable for national and international students.
Below listed are the cheap CA colleges in India.
- CMS for CA, Hyderabad
- Vista Academy, Dehradun
- Siddartha Academy, Thane
- International School of Financial Studies, Secunderabad
- IIKMFEE Financial Education, Chennai
CA course in India
Foundation Course
- Principles and Practices of Accounting
- Business Laws
- Business Correspondence and Reporting
- Business Mathematics Logical Reasoning and Statistics
- Business Economics
- Business and Commerical Knowledge
Intermediate Course
- Accounting
- Part I: Company Law
- Part II: Other laws
- Cost and Management Accounting
- Income tax law
- Indirect taxes
- Advanced Accounting
- Auditing and Assurance
- Enterprise Information Systems
- Strategic Management
- Financial Management
- Economics for Finance
Final Course
- Financial Reporting
- Strategic Financial Management
- Advanced Auditing and Professional Ethics
- Corporate & Economics Law
- Part I: Corporate Laws
- Part II: Economic Laws
- Strategic Cost Management and Performance Evaluation
- Direct Tax Laws and International Taxation
- Part I: Direct Tax Laws
- Part II: International Taxation
- Indirect Tax Laws
- Part I: Goods and Services Tax
- Part II: Customs and FTP
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CA curriculum in India
The Chartered Accountancy course in India aims to produce graduates with problem-solving skills, finance knowledge and an accounting foundation. Below are some of the contents taught under the CA curriculum in India.
- Accounting Process
- Common business terminologies
- Concepts and Accounting of Depreciation
- Company accounts
- Financial statements of Not-for-profit organizations
- Accounting for special transactions
- Final accounts for Sole proprietors
- Bank Reconciliation Statement
- Business Economics
- Theory of Demand and Supply
- Theory of Production and Control
Scope of CA in India
CA is one of the most sought-after courses in India. After completing CA in India, students are exposed to an ocean of opportunities. However, students must first pass the standard proficiency test (CPT), Intermediate/ Integrated Professional Competence Exam and final exam and stand out.
CA is regarded as one of the world's most challenging courses and professions. They can find jobs in both private and public government offices. Some of the jobs that CA graduates can take on after completing their Chartered Accountancy courses are:
- Chartered Accountant
- Professor/ Lecturer
- Financial Manager
- Fund Manager
- Data Analyst
- Management Accountant
- Company liquidator
- Tac Advisor
- Financial Accountant
- Forensic Accountant
- Government financial and economic advisor
- Data analyst
CA placements and top recruiters in India
Although not all CA institutions of India offer placements to students, Some best CA institutions of India, like The Institute of Chartered Accountants of India (ICAI), Noida, and Navkar Institute, offer placements to students with a starting salary package of about INR 6 to 10 Lakhs. These institutions provide placements in companies like Adani, Reliance, Indian Oil Bharat Petroleum, PWC, Swiggy, etc.
Indian firms, Indian companies and multinational companies offer taxation, finance and auditing-related jobs to CA. Some of the top CA recruiters are the State Bank of India, Deloitte, KPMG, BNY Mellon, Citi Bank, Qatar Insurance Co, JP Morgan Chase, RBL Bank, Federal Bank, TR Chadha and Co.