The below conversation may be helpful for many....
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One student called me approx two weeks before:
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Hello sir,
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sir m able to revise my theory sub in one day
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(for readers ready reference; the link is :
/articles/revision-of-whole-syllabus-in-day-one-at-the-time-of-exam-5394.asp)
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Completed Munish Bhandari handbook in 12 hrs
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But I dont know wheter m going on right way.
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You may now practice for writing to check your performance.
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If you have grasped the concepts; your answering speed would be high....
otherwise you have to take a pause to think about the answer....
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You may read this article :
/articles/how-to-prepare-yourself-for-speed-writing-in-exams--18553.asp
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.awesome article sir thanks
Today i left my job
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Me : (although shocked)
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No problem....job would be available...firstly complete what you desire
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Study the subjects....as if these are important in your career.....not for just passing.
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yaa sir
actually i m going to start practise after clearing ca
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ok
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After 12 days…
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hello sir….how are u
Sir i have solved 8 papers....comfortably…
should i decrease my number of hours I study?
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Me : You may take small breaks....like for 10-15 minutes.....if you feel tired to study for a long time...
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But I don't suggest you to take long breaks.....
however...for time being full one day break is advisable ....
to charge up.
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sir I use to study in two parts...first 3 am - 9 am....then sleep for 1 hr...
and then 1 pm -7 pm.....and revision at 8-9
Me : Feeling relaxed is a good signal especially in CA exams...
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yaaa ….should I try for rank
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Sure!!
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Target for 70 in three subjects..
of your choice...and interest...
….in which you wish to make your career.
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Actually I wish to go into practice
can i practice in corporate laws?
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In which city r u?
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Mumbai.
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In Mumbai...it is possible...by appointing one fresh CS in your office....
but don't go for traditional practice...
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yaaa sir
actually m also looking into finance...like loan syndication...valuations etc
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GO FOR ONLY ONE AREA
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one area…? why sir?
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Because every field is BIG enough to make a bright career.
Time is limited ....don't just earn money.....LIFE IS ALSO IMPORTANT...
work only for 8 hours seriously....that's all..
if you talk to others; majority will not agree on this (although they inherently wish),
but it would be possible if you do your own practice
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yaa sir
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For practice; liaison is very important...for that you must visit and attend so many places..
seminars/conferences etc...
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to make your identity and update yourself how subjects are applied practically.
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But is that true we can earn more in practice than going for job?
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YES
Sir, can chartered accountants practice in field of finance and what are options in it
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CAs can practice in the field of Finance.
You may open Private Limited Firm to provide Consultancy in Finance in addition to
your own firm for practice..
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okkk ..sir what are the main feild were i can give advice in the field?
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In finance?
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yes sir
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Too many.....working capital...term loan...restructuring of capital with proper mix of capital....private equity...etc..etc..
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ohhh thank u sir
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but sir i never had exposure of such things in my articleship period
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Then you may choose to go for job for 2-3 years initially...
in that field...
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Sir but there are hardly any ca firms which do this
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You need not go into a ca firm...you may go to any merchant banker...
there you would be able to know all about....valuation....cost of capital...source of raising capital etc...
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okk sir thank you
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After exams; you must start reading various journals like BUSINESS INDIA, CAPITAL MARKET, MONEY etc...
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These magazines will give you latest knowledge about the business world.
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The monthly cost of such magazines would be around Rs.500 only.
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hmm
Good night...wish you all the best..
thank you sir…..
CAclubindia
