Coming with the promise of a high-flying career and an enviable status in the society, Chartered Accountancy is a popular career option among students in India. Other professional courses like Engineering and Medicine have certain eligibility criteria and minimum cut-offs for being eligible to pursue those career options. The same does go for Chartered Accountancy too.
So what is eligibility criterion to join CA?
There are two different ways you could join for the CA course. Either through the CPT entrance exam right after your twelfth grade exams or using the Direct Entry Scheme after your graduation. The eligibility criterion differs based on this.
The CPT Route
Students who have attempted their 12th grade exams are eligible to write CPT entrance exams in June. The important thing to note here is that there is no compulsion that you should have done commerce stream for your Eleventh and Twelfth grade studies. Students who had done Science streams like Bio-Maths and Computer-Maths are also eligible to write CPT.
Any mathematics haters out there? The most beautiful thing about CA course is that you don’t even need to have done Mathematics in your Twelfth Grade. The CPT entrance exams weigh around 25 marks for mathematics and if you are confident that you can catch up with that, you can still go ahead and do CA.
CPT is like an entrance exam to CA course and you are tested on Accounting, Mercantile Law, Economics, Mathematics and Statistics. Students who have done commerce-mathematics for higher secondary, does get a clear advantage in at-least 75% of the portions.
Clearing CPT makes you eligible to begin your CA course. You could register for IPCC and get going soon!
The Direct Entry Scheme Route
The Direct Entry Scheme was proposed by ICAI for graduates. They are allowed to bypass CPT and directly entry into Articleship Training. You don’t need to be a commerce graduate to make use of this scheme. This simply means that even a B.Tech graduate or a graduate in Drama or Arts can join CA course! The cutoff in minimum marks does differ but. For commerce graduates, the minimum percentage required is 55% while for non commerce graduates, it is 60%. Before joining for Articleship, they should have completed their Orientation Course and Information Technology Training, both conducted by the Institute of Chartered Accountants of India.