Few points i would like to add. 1. Effort to reward ratio- 5 years of non stop pressure, 3 years of proper work, passing percentage of around 10%, amount of luck needed to clear the exams cannot have a average package of 8L. 2. Knowledge- I think this is exaggerated a lot. Course design is in such a way that the amount of syllabus is huge but there is no focus on few core subjects. Because of this you know on the surface a lot about everything but you are not at all prepared to do specialised work which is the main requirement of industries and hence the low packages. 3. Risk- Portfolio management teaches us not to put all your eggs in one basket. Yet 5 years of struggle will boil down to one CA finals which would be one of the toughest things to crack. If you aren't able to do that no body is offering more than 30k. ( Exceptions are there). So whoever tells that CA is a cheap course needs to understand the value of time. 4. Soft/practical skills- The only practical skill that you gain here is limited to excel. You will get confined to a room for months every year and it hampers your personality development, communication skills, which again will be key to survive in the industry. These are a few things that I would like to add. The amount of hardwork, patience, sacrifice this course will entail upon you, the reward will not be close to what it should be. Money is an important factor no matter what anyone tells you. Choose a course considering time to be a cost and then compare if the reward is as good as the cost. PS- I am a CA working in the investment banking field.
so what would you recommend we should pursue if we are in the initial stages of ca and even if we want to pursue cpa we will be able to pursue it or not as because of ca we are unable to focus on bcom or ug graduation but in cpa we need credit points to be eligible.
Sir your points are valid and true but only for those who complete Ca in one attempt. While doing Ca our communication skills and general awareness hamper a lot sir. It is very difficult to improve our personality while doing ca sir. I am saying with average student point of view.
Strategically speaking from a risk diversification stand point one must complete CPA fist and if he himself value CA more than anything, he must continue the hustle...
Sir I left ca after clearing ca inter with articleship Whenever i appied for any job they said we don't consider your articleship as experience & they completely ignore my articleship skill even accounting. After that i completed mba with tier 3 college & got placement in ICICI bank in 3rd sem. Soon completed mba got job in ICICI Bank. after joining ICICI I found in other department that CA are doing sales job. & There timing is 9.30 Am to 10 PM on the other hand my timing is 9.30 am to 6 pm after that I thank myself everyday that I left CA
Sir if ca final not clear. Student is considered waste by industry and icai. No emolyement. Those of my friends who did dummy article ship and never went to office. Cleared icai exam. ... How you can put practical skills communication skills. In 3 hrs of exam Just mugging up content is not knowledge.
SELECTIVE USCPA/ACCA DEPENDS ON CIRCUMSTANCES ON INDIVIDUALS. IF YOUR AGE IS GREATER THAN 25 AND STILL NOT ABLE TO CLEAR CA FINALS, GO FOR USCPA/ACCA AS THIS WILL NOT ONLY GIVE YOU GOOD PACKAGES BUT ALSO A CONFIDENCE AS YOU WILL HAVE A PROFESSIONAL DEGREE. MANY CA STUDENTS WHO ARE ABOVE 25 AGE LOOSES CONFIDENCE THEMSELVES. ALSO FROM SALARY PONT OF VIEW ONLY FEW SEMI QUALIFIDE GETS PACKAGE ON MORE THAN 30K/MONTH. IT IS BETTER TO BE QUALIFIED CPA/ACCA THAN BEING SEMI-QUALIFIED. AND THOSE WHO ARE 18-21 YEARS IF THEY ARE READY TO PUT 100% SHALL GO FOR CA. THOUGH CA HAS ALWAYS A GOOD EDGE OVER THESE COURSES, BUT CA IS NOT THE LAST AND ONLY THING THAT GIVES YOU GOOD CAREER. IF YOU ARE NOT ABLE TO CRACK BEFORE 25, IN MY OPINIONS, SHOULD MOVE TO OTHER COURSES. AT LAST ...ALONG WITH ANY OF THE COURSES BE IT CA/CPA/ACCA, WORK ON YOU OVERALL DEVELOPMENT WITH COMMUNICATION AND SOFT SKILL,, THEY ARE ALWAYS DEAL BREAKER FOR ANY EMPLOYER OR A CLIENT.
Needed this thank you :) Just started with my CPA journey after not clearing CA Intermediate several times. This time I Got 190 in Group 1 and 195 Group 2. I have begin preparations for CPA but I however don't want to completely leave CA. I have exemption in Advanced Accounts and I feel that with the new syllabus things might fall into place. Not to mention how cruel the ICAI is to it's students. I got 58 and 59 in Auditing in the last 2 attempts. Applied for Revaluation with no luck. Things get overwhelming but the key is to take it all one step at a time :)
@@daviddegea3373 can you please guide me what books are you referring..which institute you are enrolled for us cpa..and any similarities with ca syllabus
"Avg baccha v CA kar sakta hai" Yeh bol k Coaching teachers aur kuch qualified CAs sayed students ko mislead karte hai. Yeh cource kabhi avg baccho ka tha hi nhi, jo thore bhot special hote woh toh nikal lete 1-2 attempt mei aur woh v kam age mei. Avg logo k attempts pe attempts lagte rehte hai kuch toh chor hi dete hai aur jo itne sare attempts k baad CA ban v jata hai usko fir bhot hi kam salary wali job milti hai jo ki unacceptable hoti hai itni mehnat aur struggle k baad. Ab kya kare majboori v toh hoti hai insan ki.
If you want to practice in India then CA. One can pass CA easily than CPA. We hire 40-50 CAs every year. But getting CPA is difficult. CPA also requires articleship under cpa to get your licence. When it comes to global markets cpa acca CMA CFA all outperforms CA. I never see any foreign company hire indian CA. Choice should be as below. If you want to work in India then CA global CPA or ACCA(uk and EU) Financial management then CMA US or CIMA UK Investment side CFA US. Very very tough. One must understand why these foreign courses are not big. Because there is a requirement of under graduation for all these foreign courses and most of the part will be covered there unlike CA. CA can be completed without UG. All foreign courses are highly competitive and evolves every two years upon taking points from industry leaders. MCQ are hard to crack unless your conceptual skills are strong. Never expect any repeated questions in examination of these foreign courses. CPA is not comparable with indian CA. Also CPA or CA focus is on financial reporting, auditing and tax management. If one want to excel in strategic financial management, decision making then CMA is the right course. Similarly capital markets CFA is the best course but most difficult one.
Hey sister, I want to know whether pursuing ACCA a right choice or not? I have heard people degrading and downgrading ACCA course saying companies prefer CA intermediate passouts over ACCA affiliates any day. I want to pursue ACCA just because it would provide flexibility to appear for one, two, three or even four exams at a time individually or cumulatively rather than giving exam in rigid and strenuous group mode. Any insights from you would be appreciated!
Sir I am a ca student. will my bcom exams marks matter specially if I want to work globally post qualifications?and my attempts will they matter for global opportunities
It matters. Do not neglect BCom for CA. You need good CGPA or grades in Bcom. And attempts do matter. 1st and 2nd attempt person is preferred even though you may have similar qualifications. But if you have some additional qualification or skills. then you will be preferred. Yes, once you are in the industry with some experience, and you are good at what you do, then these things will not matter a bit. But in the start of your career, it matters. And remember there is no guarantee that you will clear CA. God forbid, if you are stuck, and decide to go for MBA, your Bcom marks will matter a lot.
Thank you for very good informative video. What is ur view about who is CA with 5-8 years experience want growth in career, is it worth to pursue CPA/CFA
I have recently been working as an accountant and I am thinking about preparing for the CPA exam. Please suggest if this would be the right thing for me to pursue or not for corporate purposes in India."
No ca is not at all the worst course. It's the best globallly but if duration is the concern then acca is better options in addition to that doing quantitative finance in iiqf?
From my knowledge, on the basis of knowledge CA is better than CPA ,ACCA,CFA since in span of 5 yrs CA course takes lots of efforts as compared to other courses which simply means that ICAI want to make a person who has complete knowledge of commerce field and necessary portion of Law also.
Syllabus of acca is tougher than ca. But since there is no group system acca looks flexible s we can go deeper in one subject at a time. Just compare ca sfm final question paper with acca afm. Acca is far ahead in terms of quality.
bro simply open your mind and see in the world what is the value of 5 years and u know ca takes literally more than 5 years and also make you simply an emotional person
@@samebinezer8491 I didn't say it's matching I said it slowly being equivalent. Sure Indian CA is a very rigorous and practical qualification no doubt about it. And no other qualification can match it in India.But that being said CPA is also gaining grounds in India after its exam centres have opened up in India.
Few points i would like to add.
1. Effort to reward ratio- 5 years of non stop pressure, 3 years of proper work, passing percentage of around 10%, amount of luck needed to clear the exams cannot have a average package of 8L.
2. Knowledge- I think this is exaggerated a lot. Course design is in such a way that the amount of syllabus is huge but there is no focus on few core subjects. Because of this you know on the surface a lot about everything but you are not at all prepared to do specialised work which is the main requirement of industries and hence the low packages.
3. Risk- Portfolio management teaches us not to put all your eggs in one basket. Yet 5 years of struggle will boil down to one CA finals which would be one of the toughest things to crack. If you aren't able to do that no body is offering more than 30k. ( Exceptions are there). So whoever tells that CA is a cheap course needs to understand the value of time.
4. Soft/practical skills- The only practical skill that you gain here is limited to excel. You will get confined to a room for months every year and it hampers your personality development, communication skills, which again will be key to survive in the industry.
These are a few things that I would like to add. The amount of hardwork, patience, sacrifice this course will entail upon you, the reward will not be close to what it should be. Money is an important factor no matter what anyone tells you. Choose a course considering time to be a cost and then compare if the reward is as good as the cost.
PS- I am a CA working in the investment banking field.
so what would you recommend we should pursue if we are in the initial stages of ca and even if we want to pursue cpa we will be able to pursue it or not as because of ca we are unable to focus on bcom or ug graduation but in cpa we need credit points to be eligible.
@@aditi93400 can do CFA with your ug and then go for an MBA with your pg.
@Aniket Shah
Sir your points are 100% valid . What have you done with Ca to get role in investment banking.
@@poojasaxena1999 CA, CFA and bcom hons.
@@aniketshah638 Sir can we drop ca in between and do cfa and afterwards do mba in finance to get this role
Sir your points are valid and true but only for those who complete Ca in one attempt. While doing Ca our communication skills and general awareness hamper a lot sir. It is very difficult to improve our personality while doing ca sir. I am saying with average student point of view.
Strategically speaking from a risk diversification stand point one must complete CPA fist and if he himself value CA more than anything, he must continue the hustle...
CA Articleship is not considered as experience in any company, which is the biggest drawback of this course !!
Sir I left ca after clearing ca inter with articleship
Whenever i appied for any job they said we don't consider your articleship as experience & they completely ignore my articleship skill even accounting.
After that i completed mba with tier 3 college & got placement in ICICI bank in 3rd sem. Soon completed mba got job in ICICI Bank.
after joining ICICI I found in other department that CA are doing sales job. & There timing is 9.30 Am to 10 PM on the other hand my timing is 9.30 am to 6 pm
after that I thank myself everyday that I left CA
What is your salary Or post in icic bank
MBA and LLB are much far better options
Sir if ca final not clear. Student is considered waste by industry and icai.
No emolyement.
Those of my friends who did dummy article ship and never went to office. Cleared icai exam. ...
How you can put practical skills communication skills. In 3 hrs of exam
Just mugging up content is not knowledge.
Sir Ghar baithe to ca ko bhi hire nhi karti companies.
SELECTIVE USCPA/ACCA DEPENDS ON CIRCUMSTANCES ON INDIVIDUALS. IF YOUR AGE IS GREATER THAN 25 AND STILL NOT ABLE TO CLEAR CA FINALS, GO FOR USCPA/ACCA AS THIS WILL NOT ONLY GIVE YOU GOOD PACKAGES BUT ALSO A CONFIDENCE AS YOU WILL HAVE A PROFESSIONAL DEGREE. MANY CA STUDENTS WHO ARE ABOVE 25 AGE LOOSES CONFIDENCE THEMSELVES. ALSO FROM SALARY PONT OF VIEW ONLY FEW SEMI QUALIFIDE GETS PACKAGE ON MORE THAN 30K/MONTH. IT IS BETTER TO BE QUALIFIED CPA/ACCA THAN BEING SEMI-QUALIFIED. AND THOSE WHO ARE 18-21 YEARS IF THEY ARE READY TO PUT 100% SHALL GO FOR CA. THOUGH CA HAS ALWAYS A GOOD EDGE OVER THESE COURSES, BUT CA IS NOT THE LAST AND ONLY THING THAT GIVES YOU GOOD CAREER. IF YOU ARE NOT ABLE TO CRACK BEFORE 25, IN MY OPINIONS, SHOULD MOVE TO OTHER COURSES. AT LAST ...ALONG WITH ANY OF THE COURSES BE IT CA/CPA/ACCA, WORK ON YOU OVERALL DEVELOPMENT WITH COMMUNICATION AND SOFT SKILL,, THEY ARE ALWAYS DEAL BREAKER FOR ANY EMPLOYER OR A CLIENT.
Needed this thank you :) Just started with my CPA journey after not clearing CA Intermediate several times. This time I Got 190 in Group 1 and 195 Group 2. I have begin preparations for CPA but I however don't want to completely leave CA. I have exemption in Advanced Accounts and I feel that with the new syllabus things might fall into place. Not to mention how cruel the ICAI is to it's students. I got 58 and 59 in Auditing in the last 2 attempts. Applied for Revaluation with no luck. Things get overwhelming but the key is to take it all one step at a time :)
@@daviddegea3373 can you please guide me what books are you referring..which institute you are enrolled for us cpa..and any similarities with ca syllabus
Best perspective ever✨
Sir baat bilkul shi krte ho AAP 10 ke bchho ko bhi zyada knowledge jo skti😊 ilove the point❤
Ca krne ke bad bhi kaun sa company har mala leke aarha ki aajao for job
After clearing struggle for getting job of 8lpa
"Avg baccha v CA kar sakta hai" Yeh bol k Coaching teachers aur kuch qualified CAs sayed students ko mislead karte hai. Yeh cource kabhi avg baccho ka tha hi nhi, jo thore bhot special hote woh toh nikal lete 1-2 attempt mei aur woh v kam age mei. Avg logo k attempts pe attempts lagte rehte hai kuch toh chor hi dete hai aur jo itne sare attempts k baad CA ban v jata hai usko fir bhot hi kam salary wali job milti hai jo ki unacceptable hoti hai itni mehnat aur struggle k baad. Ab kya kare majboori v toh hoti hai insan ki.
If you want to practice in India then CA. One can pass CA easily than CPA. We hire 40-50 CAs every year. But getting CPA is difficult. CPA also requires articleship under cpa to get your licence. When it comes to global markets cpa acca CMA CFA all outperforms CA. I never see any foreign company hire indian CA. Choice should be as below.
If you want to work in India then CA global CPA or ACCA(uk and EU)
Financial management then CMA US or CIMA UK
Investment side CFA US. Very very tough.
One must understand why these foreign courses are not big. Because there is a requirement of under graduation for all these foreign courses and most of the part will be covered there unlike CA. CA can be completed without UG. All foreign courses are highly competitive and evolves every two years upon taking points from industry leaders. MCQ are hard to crack unless your conceptual skills are strong. Never expect any repeated questions in examination of these foreign courses. CPA is not comparable with indian CA. Also CPA or CA focus is on financial reporting, auditing and tax management. If one want to excel in strategic financial management, decision making then CMA is the right course. Similarly capital markets CFA is the best course but most difficult one.
One last point here is without articleship CA is as good as a BCom. Graduate. We see CA freshers are very weak at work in comparison to MBA freshers.
Hey sister, I want to know whether pursuing ACCA a right choice or not? I have heard people degrading and downgrading ACCA course saying companies prefer CA intermediate passouts over ACCA affiliates any day.
I want to pursue ACCA just because it would provide flexibility to appear for one, two, three or even four exams at a time individually or cumulatively rather than giving exam in rigid and strenuous group mode.
Any insights from you would be appreciated!
Thank you sir! ❤
Sir I am a ca student. will my bcom exams marks matter specially if I want to work globally post qualifications?and my attempts will they matter for global opportunities
Nope!
It matters. Do not neglect BCom for CA. You need good CGPA or grades in Bcom. And attempts do matter. 1st and 2nd attempt person is preferred even though you may have similar qualifications. But if you have some additional qualification or skills. then you will be preferred. Yes, once you are in the industry with some experience, and you are good at what you do, then these things will not matter a bit. But in the start of your career, it matters. And remember there is no guarantee that you will clear CA. God forbid, if you are stuck, and decide to go for MBA, your Bcom marks will matter a lot.
u r true
@@jajodiakeshav
Thank you for very good informative video. What is ur view about who is CA with 5-8 years experience want growth in career, is it worth to pursue CPA/CFA
CA coaching center making students fool😂
Thanku sir showing the real picture
I have recently been working as an accountant and I am thinking about preparing for the CPA exam. Please suggest if this would be the right thing for me to pursue or not for corporate purposes in India."
More satisfying vedio
Sir, make video on CQF course and career prospectives in quantitative finance field
Is CPA advisable for 10 years experience professional in general F&A field ?
No ca is not at all the worst course. It's the best globallly but if duration is the concern then acca is better options in addition to that doing quantitative finance in iiqf?
yes
But surely has worst dropout and success rate
Thanks sir 🎉
Way ahead, way ahead, because here articleship? That's why you are selling 300 rs course because you are way ahead😂😂
:) :) What to do, I am not as smart as you sir
From my knowledge, on the basis of knowledge CA is better than CPA ,ACCA,CFA since in span of 5 yrs CA course takes lots of efforts as compared to other courses which simply means that ICAI want to make a person who has complete knowledge of commerce field and necessary portion of Law also.
Syllabus of acca is tougher than ca. But since there is no group system acca looks flexible s we can go deeper in one subject at a time. Just compare ca sfm final question paper with acca afm. Acca is far ahead in terms of quality.
@@sarnathpalaniswami4808true
@@sarnathpalaniswami4808 I was planning to do CPA...will that be beneficial too?
@@RedHood_Sam yeah if you want to work in us company or migrate to North America it's surely better.
bro simply open your mind and see in the world what is the value of 5 years and u know ca takes literally more than 5 years and also make you simply an emotional person
What about dropout and pass percentage in CA and CPA
Sir kya ca ka education loan mil sakta hai kya
Deloitte audit job, will do cpa,
sir whats your view on CMA US
CPA USA > Indian CA
IN USA
In India also CPA US coming in same level as Indian CA
@@samebinezer8491 I didn't say it's matching I said it slowly being equivalent. Sure Indian CA is a very rigorous and practical qualification no doubt about it. And no other qualification can match it in India.But that being said CPA is also gaining grounds in India after its exam centres have opened up in India.
Even big fours pay high amount to CPA rather than CA
@@samebinezer8491us cpa starting salary 10 lakhs p. A in India now. Grow up
Ab aap khud CA hoke CA ko gaali toh doge nhi..
@rajvansh2003 SIGMA MALE NEERAJ
Sir, icwa course has scope?
@@ShivamWastad how
@@ShivamWastad then why are you doing ca?
Is ca becoming outdated, replaceable by AI?
@@ShivamWastad how old are you man.? How to mange both ca & cma seems very difficult are you also doing distances bcom degree?
Doing both is safer. Not to put all of our time all eggs in same basket. Cma u can clear. With that confidence u can clear. Ca as well
Sir please ek videos cs ka related bhi bano or scope kitna hai cs na ya bhi
Cs me scope hi nhi hai waste of time hai Bhai
@@rajarani.house-kuch bhi
@@punitgaming6100to karlo cs fir pata chale ga
Mene bhi cs Kiya hai RS .15000 PER MONTH KI SALARY HAI MERI
@@rajarani.house- which firm bhai
look like partiality video
Sir ur mobile no
CA vs CPA fight going on.
AI: Hold my beer 👽
CPA holds more value