B.Com and M.Com not recognised by ICAI

CMA. Rakesh Kataria (Practising Cost Accountant) (531 Points)

12 May 2011

ICAI do not recognised B.Com and M.Com as requisit qualificiation for CA course, if any one wants to do C.A. course he/she needs to to go for CTP, CPT is 10+2 level examination.

Is is fair or justifiable on part of ICAI as most of the Universities in India recognised ICAI for P.Hd. or other advance courses.

ICWAI and ICSI recognised B.Com and M.Com. and gives admission directly in inter and Executive programme.

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(Guest)

Originally posted by : CMA. Rakesh Kataria
	ICAI do not recognised B.Com and M.Com as requisit qualificiation for CA course, if any one wants to do C.A. course he/she needs to to go for CTP, CPT is 10+2 level examination. Is is fair or justifiable on part of ICAI as most of the Universities in India recognised ICAI for P.Hd. or other advance courses. ICWAI and ICSI recognised B.Com and M.Com. and gives admission directly in inter and Executive programme.

rightly said sir. i have also suffered the same I HAVE DONE CPT AFTER MY B.COM

(Guest)

in my personal view this practice is used by ICAI for more revenue generation

CMA. Rakesh Kataria (Practising Cost Accountant) (531 Points)
Replied 12 May 2011

ICWAI/ICAI/ICSI is institutes created by Law, main objective of institutes is develop the profession not the earning the money from poor studients.

(Guest)

yea , not a good criteria but what happens is that there are many students who do not study B.COM properly and pass out with avg or poor marks and get admission at INTER level , moreover B.COM (pass course) is a very easy exam ..its like a clas 11 question paper at graduation level..so may be thats why ICAI had made CPT compulsary so that only after proper basic knowledge a student should join this course otherwise he/she wouldnt be able to cope up with the difficulty of INTER OR FINAL level and eventually there career will collapse after repeating number of exams and not be able to clear INTER OR FINAL .

CMA. Rakesh Kataria (Practising Cost Accountant) (531 Points)
Replied 13 May 2011

As per study conducted by individual, 90% of the CPT pass out dropped the CA after appearing 2 or 3 attempts in IPCC or PCC level, and those who completed B.Com and passed CPT completed the CA or ICWAI examinations.

As per study 12th pass students brain or IQ level is not sufficient enough to pass the CA or ICWAI examinations.

CPT pass students appears 2-3 times and failing in examinations causing negative attitude in the students mind, so they prefer to go for B.Com. and MBA.

So, old pattern of B.Com 50% marks is advisable,