Chartered Accountancy and Cricket



Quick Summary
This article draws compelling parallels between the demanding journey of a Chartered Accountant and the strategic game of cricket. Both require unwavering perseverance, extensive practice, and thorough strategic planning, including SWOT analysis. Crucially, self-belief and the ability to learn from mistakes are vital for success in both arenas.

In this article, I will share some similarities between CA course and Cricket.

1. Stay in the game

  • Cricket: In order to make runs and the scoreboard moving you have to stay on the field, if you are out (lose your wicket), then its game over.
  • CA course: In CA course, in order to clear all the levels, you have to stay in the race, If you give up then its game over.

In order to succeed NEVER GIVE UP!!!

Chartered Accountancy and Cricket: Surprising Similarities

2. Practice

  • Cricket: In Cricket, each and every player does net practice before going live on the field. If the player doesn't practice then he will never be confident to play on the field and most importantly be nervous which will affect his performance drastically.
  • CA Course: Similarly, In CA course you have to do lot of practice, before you go live and write the examinations. If you fail to do the net practice like (writing, giving mock tests, solving past question papers), you will end up being completely blank in the examination hall.

That's why there is a saying: Practice makes a person perfect and eventually a Chartered Accountant. :)

 

3. Doing SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis

Cricket: In cricket, each team does their homework prior to every game. They analyze the opponent's gameplay and accordingly devise their strategy. The analysis may typically cover as follows:

  1. Strengths: Opening Batting line-up, Spin Bowlers, etc.
  2. Weaknesses: Poor fielding, Tail order batting, playing a weak shot, etc.
  3. Opportunities: Which bowlers to attack, Lose delivery by bowlers, etc.
  4. Threats: Which bowlers to defend, Bouncer deliveries by bowlers, etc.

CA Course: In CA course SWOT analysis should be done to understand where you are standing and what are the missing dots which you need to fill. It may typically be described as:

  1. Strengths: Self Belief, Subjects in which are confident and comfortable
  2. Weaknesses: Subjects which are dicey and complicated
  3. Opportunities: In CA you have to create opportunities by yourself, which can be securing an exemption
  4. Threats: Subjects with no interest or practical experience involved

There are bouncer questions in CA examinations, its better to duck if you are not confident. If you know any related statement you can write it, it definitely helps rather than keeping it blank. Even 1 mark matters in CA.

The idea to do SWOT analysis is to convert your threats into opportunities and weakness into strengths.

 

4. Planning

  • Cricket: After doing SWOT, planning plays an important role in securing desired results. In Cricket planning is done throughout the game, changing fielding, bowling order, batting order, which bowlers to attack, which to defend, etc.
  • CA Course: In CA course, planning involves, which subject to aim for exemption, which subject to aim for passing marks (involves weak subjects), how much practice to do for different subjects, time allocation to each subject, preparing time table (if you follow it), etc.

Hence, it is said, if you fail to plan, you plan to fail.

5. Self-Belief

  • Cricket: In cricket, when all batting line-up is out, and you have a non-batsmen on the other side and you have to score all the runs by yourself, you should have self-belief that you can do it. Eg. MS Dhoni (Former Captain of India Team) has played such innings.
  • CA Course: Like in cricket if one batsman can enable the team to win by scoring runs himself, in CA course even one or two subjects can enable to clear the CA exams. For this you should have self-belief to bring exemption in one or two subjects and you are halfway there.

The point here is, you need not be a master of all subjects, even 1-2 subjects can carry you through the examinations.

Few additional points

  1. Both require good sportsmanship spirit.
  2. Both enables an individual to learn from their mistakes and improve by doing practice and hard work.
  3. In both, you have to think before you act.
  4. Both require a strong motivation and passion towards what you do.
  5. Both tells us that, failure is not the end of the journey, it's the stepping stone of success. Never give up after you fail, on the contrary, bounce back with more effort, practice and determination.
  6. Your temperament plays an important role while on-field for cricket and in the examination hall for CA Course.

Hope, this article motivates fellow CA aspirants and cricket enthusiasts to overcome the upcoming examination hurdle. You can read my earlier articles for knowing how I cleared my exams.

FAQ :

The first similarity is the importance of 'staying in the game'. In cricket, this means not getting out to keep scoring runs, while in the CA course, it means persevering through the levels and not giving up.

Both cricket players and CA students need extensive practice. For cricketers, it's net practice to build confidence; for CA students, it's writing practice, mock tests, and solving past papers to avoid being blank in exams.

SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) is used in cricket to analyse opponents and in CA to assess one's own strengths like self-belief and weaknesses in certain subjects, aiming to convert threats into opportunities.

Planning is crucial in both. In cricket, it involves in-game adjustments to batting and bowling. For CA students, it means strategising which subjects to aim for exemptions or passing marks, allocating time, and creating timetables.

Self-belief is vital. In cricket, a single player can win a match, much like in the CA course, where excelling in one or two subjects can help clear the exams, even if you're not a master of all.

Both require good sportsmanship, learning from mistakes, thinking before acting, strong motivation and passion, viewing failure as a stepping stone, and maintaining composure (temperament) under pressure.


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Friendly neighborhood Chartered Accountant :) Principal at Hedge Fund. Here, to share my experiences as knowledge is meant to be shared, not to be preserved. I believe helping others wont change the world, but it will change the world for others :) Do not hesitate to reach out: Email : kudvevishal @ gmail ... Read more

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