Ca final exams after a gap of 5 years

Final 4636 views 30 replies

Hi,

I had cleared PCC in Nov ,2010  in the first attempt and then I did not register for CA Final . I completed CS and worked for 1 and a half year . Now , I want to appear for CA Final and I have registered this year. So, If i clear my exams in the first shot will it be considered as clearing in the first attempt or will they question the gap of 5 years in between? I am 25 now , will age be an issue for campus selections? Will this lessen my chances of getting shortlisted for campus? Please reply 

Replies (30)

It won't be called 1st attempt even if you clear now.

 

Also don't think too much about job after clearing exam it depends on you not your attempt.

then probably i wont be shortisted by any company :(

I said getting job depends on you not your attempt. Also if you do it now and clear you will be better placed after clearing exam so go ahead and give exam.

ya i will surely appear and i have the confidence to clear but my main concern is getting a job . Anyways thanks for replying :)

Hi Rumpa, if u write ur final and clear it in ur first eligible attempt, u will be considered as a 1st attempter for the ICAI campus placements.

hey jithin, thanks for replying :)

@ Rupma first of all Congratulation to you to resume your CA final course. and it's very difficult for the people to give CA final exam after the gap of 5 years. and you have asked about the age & no. attempts which will affect your salary & u will be shortlisted or not..so here is my reply for you. if you have the following skills & ability irrespective of your age and attempts you will get the salary package above 7 lacs or more p.a.

1. Good Communication skills written & Oral.

2. Good exposure of Finance Taxation and indirect taxation etc. 

3. Capital Market exposure ( if you have it will be added advantage where 90% CA final students lacking)

4. Knowledge of SAP & ERP & Oracle etc. ( MNC company which paying salary on 1 lac to 2 Lac Pm. are not working on tally or busy software and 90% of CA final students don't have exposure of SAP & ERP)

5. Stay updated with current affairs which is related to Finance Accounts Taxation auiditing law etc and the domain where you want to work. for this you will have to read CA Journal, Economics Times, Income Tax websites etc.

and rupma please note that from may 2016 the entier syllabus of CA course is going to be Changes in all the 3 stages of CA course. in our final ISCA will be deleted and a new subject which is related to capital market & finance will be come in place of ISCA. and in DT 40 Marks will be alloted for International taxation and 60 Marks for DT. so stay informed and updated about our syllabus also. and try to pass CA final in your first shot. all the best...

 

 

Hi Ravi , Really appreciate your reply . My concern was whether I would get a platform to interact directly  with companies ,only then the question of proving skills would arise. I am actually bothered about the initial screening bit. It becomes a Herculean task to look for jobs yourself if you dont get shortlisted in campus , I wont say it is impossible but difficult. 

Anyways I am appearing in Nov ,2015 so  I should just concentrate on clearing the papers :) Thanks 

It'll be considered as first attempt if you clear your exams in one shot ... then there will be no issues. 

You have seen many persons who become rankholder after being failed in last attempts then clear all exams in one go .... Don't they get good exposure ... They surely do. 


and Dear you are a CS as well. dont underestimate yourself ...

Dear Rupma instead of thinking about job platform & no. attempts age etc..you have to concentrate on your study only & try to give 100% of your time and effort in exam & study only. and don't worry about your carrier you are on the right track. 

as you have already mentioned that you are company secreatry also. so belive in your ability you can do lots of things. and why are you thinking about doing job only. 

Lots of newly qualfied CA/CS are doing well in there own practise & business also..so instead of doing the job in company for getting salary..you make your self a business woman and recruit CA/CS in your own company/business/practise. Intially its seems to be difficult but not impossible...see lots of examples we have :

1. Bill Gates who have not even completed his College education..is the owner of Microsoft company. and recruited TOP MBA's / CA's/ CS/ BE/B.tech etc who are much more educated than Bill gates..

2. Dhiru Bhai Ambani he is just 10th Pass from Gujrat and founder of Reliance company where lots of CA/CS/MBA are working..

So Think broadly, and postive you will be emerge as winner...!!

 

Thanks Ravi kumar ji
Originally posted by : Rumpa
My concern was whether I would get a platform to interact directly  with companies ,only then the question of proving skills would arise. I am actually bothered about the initial screening bit. It becomes a Herculean task to look for jobs yourself if you dont get shortlisted in campus , I wont say it is impossible but difficult.   

 

You can fill up your attempt as one in the campus registration form if u clear it in your 1st eligible attempt. But it doesnt necessarily mean that you will be considered at par with other first attempters in the shortlisting process. It depends upon the shortlisting policy of that particular organization. Although you are shown as a 1st attempter in the campus registration form, the shortlisting company may also take into account the gap between ur pcc and final exams. If u have any good working experience during the intervening period(you have to mention ur prior work experience, if any, in the campus reg form), it will be okay. I would actually say in that case you will be preferred over the normal 1st attempters having no experience(who has cleared without any postponement of registration to final) . But in case you arent having any work exp., it may be a problem. Anyways as I say it depends upon the shortlisting policy of that particular company. But, according to me, you will be in a better position than people who have taken multiple attempts for clearing final and who dont have any prior work experience. Further u dont need to be a 1st attempter to get shortlisted in the campus. Maybe for companies visiting on the premier day, it shall be a pre-requisite. But there are other decent companies who consider multiple attempters for shortlisting. For example, my cousin who cleared in 6 attempts got shortlisted in 5 companies(Bosch,Grant Thornton,EY,Genepact and Amazon).

 

Also I wudnt say it is a herculean task to get a good job off-campus. Actually it is the other way around. It is really a herculean task to get a job thru campus(even if you are a 1st attempter, it is going to be difficult). So you shouldnt lose hope even if u dont get a good job thru campus. Of course you should attend campus but you cant pin all your hopes on ICAI campus. If you wait for a while and be persistent with your job hunting, you will soon land up a good job off-campus.

 

The five years gap is like a sunk cost and there is no use worrying about it. Whether the companies consider the gap as a problem or not is something about which you can do nothing. I suppose it is of no use worrying about things which arent under our control.

Hi Rumpa, now I read your 1st post again. Ok so you are having some work experience. So that is better than no work experience. And the fact that you are a CS may also favourably influence the shortlisting(depends upon the company). Also, I dont think that being a 25 years old is going to be an issue. The real issue for the recruiters wud be regd what you have been doing during the last 5 years. I mean you cant be like a 21-22 year old CA 1st attempter. The recruiters willnt expect much in terms of work exp. from a 21 year old CA fresher other than his articleship exposure. But it isnt the same for a 25 year old passout. You need to show the recruiters that you have been doing something worthwhile and werent wasting your valuable years. If you are able to do that, then age willnt be a factor.


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