Can't icai stop this?

I too feel that ICAI must regularise the private coaching classes and CA students should not part their Reg. no to these institutes

Such kind of advertisements are truely unethical and harmful for the profession in the long run.

Really Lot of advertisements are being done especially in vijayawada

every attempt they will increase fee for sure

i was shocked fee collecting for cpt was 30,000 and ipcc is 60,000

thing here is i have seen in yesterday paper one istitute was started a package programme if student fails in exam they are telling that they will repay the money..A publicity stunt

Ofcourse ...*** terms&conditions will apply

It's a Pan India phenomena, greedy people are minting money at the expense of many students / parents’ anxiety. Only god knows when there will be a reprieve to students from such obnoxious academies.      

Ofcourse at the time if student is not having proper mid to choose career these advertisements may affect or if student is not having any one to gude him what to do and how to do he may attract to CA after seeing advertisements as they are strongly saying that after CA life is beautiful..But the fact is He can success in profession only if he is having interest in subject

really brother , chartered accountancy is not a small computer course, its an profession of excellance. these institutes are just doing business.  we request,please banned all coaching centres and start regular classes at icai.

But the million dollar question is - Who will Bell the Cat ?

Originally posted by : sharad rai
	these institutes are just doing business.  we request,please banned all coaching centres and start regular classes at icai.

same question was asked in one of ICAI meetinig

officials answers as follows for student question

Q: why dont we have colleges for CA's?

Originally posted by : Sathish M
	Who will Bell the Cat ?

Who can...except  ICAI,

Ganesh Babu Sir, no one is complaining about the spurt of coaching academies, the big worry is extortion of money from poor students and parents. There has to be some regulation to check such a menace, and ICAI can't pass the buck or ball into someone else's court and sit quite. It needs to take adequate measures in order to ensure that the image of the CA course doesn’t get maligned by some vested interests. It is more like CARTELISATION.

ICAI can't keep ignoring this issue, I agree to that point. We can't just have ICAI do all things, institute itself is overloaded most of times, they don't have time to eat properly during lunch sometimes in local chapters. Expecting ICAI to provide training to all is not the ideal way but ICAI being the one responsible for maintaining this profession has to take measures to control activities in related to the profession too like making regulations for advertisements, coaching standards. I went through CA act but was unable to find any provision to control these idiots. May be next year along with announcement about suggestions incorporated in Finance bill we will see amendments to act. I know this is too optimistic ;)

Dear mr. vijay it is not necessary to attend coaching classes . self study also is enought if one DO study seriously, and secondaly on this platform when we are pursuing a very dynamic professional degree how we can blame anyone [coaching classes] for our wrong decisions.  

When we are pursuing for such a valuable degree we must be capable enough to understand what is wrong and what is right.

No one can convince CA students [any coaching class]  like small kids .  If we are accepting any classes  AS GOOD  we must have feeling of better understanding .

what you are talking is  " WE BELEIVED  BUT WE FAILED"

so try to be self dependent than depending on others.

Our professional ethics does not allow us to criticise anyone.

" IT IS ALWAYS BETTER TO CHANGE OURSELF THAN TO OTHERS"

Yes, mr. satish that is wh i wondered

they are giving schemes to attract students

charging huge amount

Originally posted by : AASHA
	Dear mr. vijay it is not necessary to attend coaching classes . self study also is enought if one DO study seriously, and secondaly on this platform when we are pursuing a very dynamic professional degree how we can blame anyone [coaching classes] for our wrong decisions.   When we are pursuing for such a valuable degree we must be capable enough to understand what is wrong and what is right. No one can convince CA students [any coaching class]  like small kids .  If we are accepting any classes  AS GOOD  we must have feeling of better understanding . what you are talking is  " WE BELEIVED  BUT WE FAILED" so try to be self dependent than depending on others. Our professional ethics does not allow us to criticise anyone. " IT IS ALWAYS BETTER TO CHANGE OURSELF THAN TO OTHERS"

Hold on dear, so many questions and presumptions...

First thanks for presenting other side of views, I hope you(or others who read) will take my comments as they are without any personal attacks

Now can I ask something, have you ever seen atleast one individual who says 'I don't fit this course' with a dullness in his/her eyes? I never saw it 5 years back when i joined as a CPT student but now when i meet my juniors, i see many. Have you ever seen a mob, yes it was a mob really which just joined CA because they saw it in ad that CA will get them job for sure? i saw 100's of them (one of these institutes had a hostel near my home AND I spoke to them) They don't like the subject nor do even know meaning of 'Chartered' or what society expects from them.

Now coming to what you said, yes I agree self-study is sufficient. Infact for final I did it myself. Not all are capable of it, sply when in small town with no idea of what it is like to be in a corporate world.

Next ‘pursuing a very dynamic professional degree’, the profession itself is in harm here, then how can we just close our eyes and be in false sense of security saying ‘We are in a prestigious profession’ There will be no professionalism left except in idealists. I don’t want to go further and make myself an example for lack of professional behaviour.

Then I don’t know where you are from or what state but in the place I am, it’s just market sentiment which leads people to study, earlier it was engineering and now CA and that number is in thousands and showing trends to reach lakhs, just in a small town. Just like economics says ‘Advertisement is a way to increase demand’ The number of students joining CA is not driven by knowledge regarding course or passion it’s pure sentiment, just like in share market how a small and new investor behaves, goes with the tide. May be we should start a ‘CA potential student education and protection fund’ to promote awareness.

Try to be self-dependent, easier said than done. This is just like a presumption in M.M. model, info is freely available to all and all are knowledgeable investors. Is that true? I don’t know I am not a CA as yet.

I changed myself and I am accepting whatever comes my way is my responsibility but sorry, I feel responsible in the same way to stop the image of CA taking a beating in ordinary public. It should not be seen as same as others, a job provider. It just does not go with me.