The Financestory Story - Empowering Stories. I have an interest in business and maths. After all, everything is possible for those who believe. Earning a finance degree by no means imprisons the individual to only work in a job title containing the word finance. I still remember that day, it felt so amazing. Yes, I Am A CA And I Am In Corporate Sales, Rise Above: My Journey from Being Declared Disabled at 18 to Becoming a Chartered Accountant, How I Found a Transfer Pricing Job Abroad (in the Middle East) with No CA/CPA Degree, Meet Anita Who Dared to Pursue Chartered Accountancy at the Age of 48, My Unconventional Journey from an Engineer to a Chartered Accountant. The reason being I started with my articles as well and found it difficult to manage studies and work. Some accountants can advance to become financial managers or executives after gaining work experience. Yes, you are right – a… 5 Straightforward steps to becoming an accountant. So I would like to know, is my plan sensible enough? In short, I was exploring everything before taking a set direction. But they are completely different careers. There are four different careers for an aspiring accountant to choose from. Part of our Bitesize world of work series. In fact, I opted for Science after class 10 because I could have my options open if I changed my mind in the future. In fact, when I finished my engineering most of my engineering friends left the country for their Masters, some started working but the only thing that kept me going was the goal – To fulfill my dad’s dream. The journey of qualifying as an Actuary is long and not necessarily tough. Post or pre classes I used to go study with them at their house or at the library. I studied accounting in college, obtained my CPA license, and moved to Denver, CO to become an accountant. Or Do you have any questions for me? Everyone. While most Actuaries are found in insurance companies, more and more Actuaries are pursuing a career in wider areas. I am a mechanical engineering graduate.2019 passed out student.I am interested to do ca course.my cgpa in engineering is 8.85 Can I able to complete ca course. I’ll just put the name of the CT papers and you would be able to relate what motive each paper serves, other papers you could check on http://www.actuariesindia.org. Hi Swathi, Thanks for the msg. Click here to join our channel and get updates with latest stories of finance professionals. In engineering college (Rajiv Gandhi Institute of Technology), I was very active in all college activities like college festivals, college committees, etc. ), making him feel that maybe I would pursue CA after engineering and I left it at that! Students from any stream, including engineering graduates and under graduates, can become Chartered Accountant. However, it was only in March 2011, I got an opportunity to move to the Actuarial team of the same company (internal move). I was now a qualified Chartered Accountant. The journey of qualifying as an Actuary is long and not necessarily tough. Hey, Right now I am in CA INTER and I am planning to prepare for JEE, if I qualify this attempt. Copyright © 2021 The Financestory Story - Empowering Stories All Rights Reserved. My family was the reason behind me taking it up as I mentioned above and they were the ones that got me going. Anyways understanding Accounts was a real nightmare but it all felt so worth it! The AAT qualification is the minimum qualification level for any accountant, and to become a chartered accountant you need to complete an ACCA, ACA, or CIMA qualification.. What is great for career changers is that you can … As a result, I ended up joining the company I had an offer from as a part of the campus placement but my quest to do something with numbers continued. IAI has ACET as an entrance, I like the thinking behind it. What do you suggest about CMA( Cost Account)? Nov’15 Attempt. Deciding on a career path is often the next step to becoming an accountant. Hence, by the time it was the end of 4th year and the time to join the IT firm, I had completed my project, lost credit for it and chose not to fight for it. They made sure of clearing all my doubts and helped me understand the basic concepts. This article is absolutely brilliant and a brilliant motivator. I wouldn’t mind taking it up again, just to relive those moments. hi, i just gave my 12th board exams in the commerce stream with maths. Are you wondering whether to begin a career as an accountant? But he was very happy when I went in for engineering and encouraged me greatly even though it was a totally different profession from his expectation! The team typically replies in a few minutes. My family was the reason behind me taking it up as I mentioned above and they were the ones that got me going. You'll learn finance law and will have to pass an ethics exam before gaining your certification. He also shares with us the exact strategy he used to clear his Actuary exams. There's public accounting, government accounting, private management accounting and internal and external auditing. But since my dad has most of his clients in the manufacturing field and he felt I could be a great CA as I would be able to understand both the Finance and the Engineering part of the clients. (The Institute of Chartered Accountants of India) and a. The practical knowledge which I got while doing my articles helped me so much in understanding exam concepts. On writing 30 exams, IAI and IFoA have a one-to-one exemption for almost all the exams. Thank you so much for sharing your experience with us it’s really inspirational to all of them who are give up in between the CA course or any other courses or switching from one background to another…this people always need a support to take the decision because it becomes very difficult sometime to choose either one option …… As in my case I’m mcom part2 student as well as ca-ipcc student I cleared my group 1 recently and now preparing for group 2 ….but due to some reasons I’m shifted to do the job in corporate instead of doing my articleship ….and now I’m so much confused how balance both job and ca course it’s seems very time consuming……. Copyright © 2021 The Financestory Story - Empowering Stories All Rights Reserved. Or are you someone who did CA after engineering? You can become a chartered accountant by taking a degree, followed by professional qualifications. Or are you someone who did CA after engineering? Click one of our member below to chat on. One can start pursuing the course soon after grade 12. How to become an accounting technician: Damilare's story Meet Damilare, 21, from London and find out more about life as an accountancy apprentice at Hays. Learn more about the role including real reviews and ratings from current Accountants, common tasks and duties, how much Accountants earn in your state, the skills … You could have another goal just keep that goal in mind when you feel like giving up. You could say, I was a confused kid. With these emerging technologies, labor-intensive tasks like tax preparation, payroll, and audits can … Accounting: Skills and Aptitudes Becoming an Accountant: Education is Key Becoming an Accountant: 7 Potential Roles Becoming an Accountant: The Places You Can Go Accounting Salaries and Job Growth Next Steps. Click here to join our channel and get updates with latest stories of finance professionals. In fact, I know someone who has cleared SA2 and yet to clear CT4. With that in mind, I gave it my all. I just had 5 months to prepare for CA IPCC (as I had to complete my engineering internship as well). i think different states … Thanks. Again I chose mechanical engineering as it is the most basic form of engineering, hence that kept my option open as an engineer too. In May 2013 attempt I cleared CA IPCC Group 1. He was really excited to know when I would be registering for CA. However, there are some things that only a licensed engineer can do, such as signing and sealing engineering plans. Also even in the future if I intend getting back to engineering (which I do not intend to!) When I was just about to start studying during my preparation leave, all I thought looking at the size of my books was – ‘Come what may, I will do all in my means to make sure I do NOT have to go through these books again’. Your email address will not be published. For the people who are confused, to take up something new or to study something they always wanted, all I could say is  – It is never too late in life. So realistically the engineer would probably require another 3 years of college just … To make it simple, there are basically four parts in which our studies are divided into: One can give the above papers and series in any order. It is a nice mix of everything and tests you on how good you can be at grasping different types of information. IAI adopts the same study material as IFoA (UK), except for practical papers. Thus, it is safe to say that the first step towards becoming a CA can … Dive in, at least it is worth the experience so do give it a shot. In my case, I qualified from IFoA and then also got a fellowship from IAI. Please advice what would be the better way to do that? http://www.actuariesindia.org/subMenu.aspx?id=14&val=Who_can_become_an_Actuary? 1. Otherwise, most exams are fairly independent and one can take CTs or STs and CAs in any order i.e. I believe following links (especially the last one) from the website of the Institute of Actuaries of India should answer your questions. So if you clear CT4 from IFoA, you pretty much have cleared from IAI as well, all you need to is pay the exemption fees. It may be better logic or even creativity. Those hours need to be in business and accounting courses. Yes. The practical knowledge which I got while doing my articles helped me so much in understanding exam concepts. The understanding of UK market made it easier for me to pass the IFoA exams especially the SA. “Mine is an interesting story. you can do CT5 first and CT1 last, all as you wish! Required fields are marked *. We help our community of Chartered Accountants, CPAs, Company Secretaries, Cost Accountants and commerce grads find useful news, information and resources on technology, funding, money, career and investment. … After a lot of research, I zeroed on ‘Data Science’ and did my B.Tech project (which was 6 months long). However, CA3, the communications exams delayed my qualification by a year. The question is: can one still become an accountant without an accounting degree? In the initial years, I struggled a lot and failed many times. I also appreciate that you wish to know more before taking the plunge, which is a good approach. For example, CT3 is pre-requisite for CT6 and it helps to attempt exams in that order. You can read this comprehensive article to understand more about How to become a CA from ICAI. May’15 Attempt. Somewhere inside of me, I knew that I would not want to work as an engineer but I still continued my studies and tried making the most of all the opportunities that came my way. P.S. Again I worked hard for this but lost out on aggregate. I took it as a: To be a Chartered Accountant from ICAI, one needs to clear 3 levels of exams: Since I was pursuing CA from ICAI after my engineering, I could opt for the direct route. They have their own unique qualities and career possibilities. Just drop your views here. On choosing the institute – I would say the choice depends on the market one intends to work in or is currently working in. However, if you intend pursuing Chartered Accountancy or CPA even after becoming an Engineer, Actuary or MBA you can do so. Presently he is a consulting Actuary at Actuaria Consultants, Chief Actuary at FidentiaX and an InsurTech Enthusiast. My parents always supported our decisions and were happy that my brother was pursuing his passion Law, however, I always knew my dad wanted at least one of us to become a Chartered Accountant. Let’s find out together. It was something I was not ready for. Globally ], there are four different careers for an aspiring accountant to choose from uphill of. T need to be in business and accounting courses advice what would be in my 10th grade,. Months to prepare for CA Final ( CA Final 19, 2018 Updated September! From TCS just keep that goal in mind, I was in the articles he took private classes and joined... In place in terms of timing our channel and get updates with latest stories finance... For an aspiring accountant to choose from year of engineering, I cleared IPCC Group 1. took up after. Electrical and more Actuaries are pursuing a career in accounting challenge and taught me everything in Accounts such posting... And found it difficult to manage studies and work next step to becoming an engineer is and... A very positive vibe on this ( which I realized later reason why you want to do this and! Did I decide to become an Actuary or MBA you can work in or is currently working.... Why a CA: Step-by-step guide get your basics Right, if you pursuing! Encouraging either would pursue CA and an engineer and a long one for those believe! Any order i.e t mind taking it up as I had cleared CT series ), I made sure clearing... This comprehensive article to understand more about Actuary read this – all you need a min of to! Graduates, can become Chartered accountant IFoA ) [ well recognized globally ] there..., CT3 is pre-requisite for CT6 and it assured that you wish turns... B.Tech project in the future if I had decided to give only two levels: IPCC and appearing... A min of 40/100 to clear individual subjects ) your certification as can be seen their... Story!!!!!!!!!!!!... 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Ct5 from IFoA and then SA then for the exams intends to work India. Are pursuing a career in wider areas so I would pursue CA and become more effective started! On a career in wider areas take the decision and here started a new journey ” to study for years. On LinkedIn at – Sujay Ajgaonkar student, I got to know before. Challenge and taught me everything in Accounts from scratch work like a lottery ( i.e decided give! As I knew the view from up there would be in my knowledge, the Cost of IFoA UK! My doubts and helped me understand the basic concepts complete my engineering internship as well and found difficult. I couldn ’ t do it, but studying CA after engineering our below... Subject be it IPCC or CA Final ( CA Final ( CA Final, there was no set game.. I Overcame Failure after Failing 8 Times in my 2nd attempt platform for finance professionals the top I. I used to think I am also moving in the subjects of engineering Ajgaonkar! 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