Chartered Accountancy is the Prime Option for BCom Students
Chartered Accountancy is one of the elite professional career choices for students pursuing Commerce and Accounting (B.Com,) degrees in India. Chartered Accountant (also known as CA) is a credential granted to accounting professionals. In India, The Institute of Chartered Accountants of India (ICAI) is the organisation evaluating and offering chartered accountancy credential to the students.
Students taking up Bachelor of Commerce (B.Com.), B.Com. Computer Applications (B.Com. CA), B.Com. Professional Accounting (B.Com. PA), Masters in Commerce (M.Com.) and equivalent degrees in colleges affiliated to Indian Universities tend to pursue CA as a career choice after the completion of their degree.
Why Choose Chartered Accountancy?
The simple reason to build a career in chartered accountancy is that it is a very well paid and secured profession. The whole world runs on money and every business needs someone to manage their finances, help in filing taxes and do audits.
As a chartered accountant, the opportunities to work are endless. Regardless of the industry, every organisation needs finance management, and chartered accountants are the solution.
Becoming a Chartered Accountant
Students interested in getting a CA credential have to go through multiple steps including an initial Foundation Examination, softskills and technology training, articleship / practical training with a qualified, practicing chartered accountant and final examination.
While CA can be pursued after completing 12th grade, students completing undergraduate / post graduate degrees can skip initial steps of CA process and shorten the period of professional study leading to the award of CA.
Pioneer College of Arts and Science, Coimbatore offers BCom, BCom CA, BCom PA and M.Com. degree programs for those aspiring to be chartered accountants. Value added training and guidance for taking up CA is also provided for the Commerce stream students.
Scope of Chartered Accountancy Profession
As a chartered accountant, you can work in the following sectors:
- Businesses and industries
- Chartered accountant firms
- Consultancy firms
- Institutions
- Capital market services
- Financial institutions
- Independent practice
Additional Resource
If you are looking for step by step process guide for becoming a CA, here is an useful resource. Our commerce department faculty would be more than happy to assist you.
How to become a Chartered Accountant?
ICAI’s local training centre is located in Thudialur, Coimbatore, which is about 10 km from Pioneer College of Arts and Science, for those planning to attend the exams and softskill / ICST courses offered by The Institute of Chartered Accountants of India.