i have given my 1st attempt for cpt(I'm basically a cbse student i scored 75% in my 12th grade). i not pretty confident abt aceing it this time.i guess i would get minimum in all but aggregate would be a problem for me.now i'm in a confused state what to do whether to proceed or not.i hav no backup because im going to do b.com in correspondence. people scare me by giving suggesstion such as: 1.there is a online cpt exam conducted before results are announced it seems. does ICAI provide such exam.? is there any other alternate to write cpt again before august or december? 2.they say when you are not confident about your 1st attempt then better join college.this according to me i dont think i can simultaneously continue both CA nd regular college for b.com. 3.others say go for some other field (ICWAI,ACS,cs)simultaneously with CA.can yu please tell me about how all the three above mentioned careers go when compared with CA.(I mean the standard of those compared with CA ) please suggest some good alternate to set my career.Im very much worried and confused with this. I hope yu would give me a good suggestion. reply as soon as possible thank you
10 July 2014
Do not think too much and just be positive about your efforts and result. Just be confident about what you are doing and wait for the right time. Keep your efforts on until you succeed. CA is a complete course and just do not worry about your career as far as CA qualification is concerned.
At later point of time you may join CS or MBA Finance but for now just focus on CA.
I think you should lay stress n the study matter that has been provided to you and then you should contact people who have already passed CPT, you should take some guidance from them. I think this will help you in a better way.
You can also get a book of sample papers sold by ICAI itself.....along with practicing CPT Model test papers for good result in the exam. Practice those test papers with examination conditions.
Never waste your time and have a discussion with your friends regarding a specific topic for a better grip. For CPT notes use search facility of caclub.
Here are some tips for you, which was helpful to you for the preparation of CPT Exam.
1) IF you are not from Math’s background, then plz keep it in ur mind that u have to get passing marks out of 150.
2) Before starting revision any chapter of accounts, first study whole theory of that chapter and then only solve 1 or two questions from examples. But solve Maximum questions from EXERCISE.
3) Prepare Mercantile Law Very well, because it was the only scoring subject after accounts. Contract Act is important one.
4) In economics 1st complete Macro economics then go for micro economics. Macro Economics also very scoring.
5) IN Quantitative Aptitude, Differentiation and integration, Correlation and regression and theoretical distribution is important one.
6) And make the Strategy to solve M. LAW paper 1st in examination, because u will get more time to solve accounts.
7) PLZ WORK hard in studies, because there are no Short cuts for Success. But u can do ur work Systematically, Which will help u 2 go to the path of Success.
Achieving success in CA CPT Exam is an art and there is no shortcut for success. Hard work and well preparation are the keys to success. There are some valuable tips for you that will help you to ace the exam with flying colors.
1. When you get question paper in the examination hall, read all the instructions carefully.
2. Always read the question carefully before attempting it and do focus on the words like “NOT”, “None of These”, “All of Above”.
3. Attempt the easiest questions first. This way, you can increase your confidence level.
4. If you are not sure about the answer, always go for elimination method. In this method, try to eliminate those answers that can’t be answers ever.
5. For solving the question, try to recall the assignments, formulas, lectures. This way, you can easily solve the question.
6. Nevertheless, if you don’t know the answer, never attempt it as there is negative marking too.
7. At end, always allocate some time for reviewing the whole paper.
10 July 2014
COURSES AVAILABLE AFTER/WITH CA OR CS
Hi,
In CCI a frequently asked question is what are the options available after/with CA or CS? So please find below some suggestions. There are many courses which you can pursue with CA or CS. However the choice and decision depends upon many factors like one’s own interest, cost, duration, time devotion etc. depending upon your circumstances.
In this regard I’d suggest you to explore your own interest and then decide what you want to do in future.
SOME OF THE OPTIONS AVAILABLE ARE:
1. CS, ICWA, CFA (US), CMA (UK). These are long term duration with more than 3 years. 2. CPA, CFP, CIA, CISA etc. are medium term duration depending upon the devotion and your level of knowledge. 3. Further there are many certification programmes like, CIFRS, NCFM, CMA (US) etc. NCFM course is conducted by the Indian Stock Exchanges and concerned with security market.
The combination of CA+CFA is good in case the interest is for Investment banking and Portfolio Management.
The combination of CA+CPA is also a good one in case interest is in Accounting and Auditing field.
The Combination of CA+CS is also good. With this combination you will be able to handle Secretarial deptt along with Account and finance deptt. It is also very helpful to take top chances to work with top management.
The combination of CA+CS is helpful in long run to grab top opportunities at management level. CS is a very good combination with CA as far as course content and understanding the corporate environment is concerned.
If you are having CS qualification then you can easily and confidently handle or administer secretarial work/department along with the account work/finance department.
Also focus on the opinion below:
In today’s time ICAI membership only is not enough. To improve the chances of getting quick job after receiving ICAI membership following practical things is necessary to be considered:
1. More than basic understanding of accounting. 2. Good knowledge of ERP, Tally, SAP, IFRS, MIS working environment. 3. Understanding of working as a finance part. 4. Good and practical knowledge of Taxation.
Students preparing for CS course and want to join some additional course can go for LL. B.
As per my suggestion with CS one should go for LL.B. to grab top opportunities at management level. LL.B. is a very good combination with CS as far as course content and understanding the corporate environment is concerned.
If you are having LL.B. qualification then it would be counted as an additional advantage and you can easily and confidently handle or administer Legal work/department along with the secretarial work/department. Later on you may be designated as legal and secretarial head.
My best wishes are always with you. Be humble and be successful.
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