Becoming a Chartered Accountant (CA) is an exciting yet tough process that leads to several opportunities in finance, accounting, and business. Understanding the CA Course Duration is crucial, whether you’re a high school senior considering your options after 10th or 12th grade or a college graduate interested in financial management.
You can succeed in the fast world of accounting and finance by using this knowledge to manage the process. This blog will offer you all of the information you need concerning the duration of the CA course after classes 10, 12, and Graduation.
CA Course Duration
The CA course typically lasts 4.5 to 5 years, comprising CA Foundation, Intermediate, and Final. Also, there is no age limit for obtaining a CA degree. Students of any age can enroll in the Chartered Accountant course.
The Chartered Accountancy (CA) course is one of India’s finest and most challenging professional qualifications. It provides numerous entry points based on your educational background after 10th, 12th, or Graduation.
Understanding the CA Duration and phases at each entry point is critical for aspiring CAs. You can start your journey to become a chartered accountant by using the comprehensive explanation of the CA Course Duration that this blog offers.
Duration of the CA Course After the 10th
When a student enrolls in the 10th-grade Chartered Accountancy course, it will take them 7 years to finish. After the 12th grade, the procedure is the same as pursuing a CA, but it takes two extra years to finish the 11th and 12th grades.
Enrolling in the CA Foundation Course is a necessity for entering the CA course immediately following the 10th standard. However, once they have finished their 12th standard, students are eligible to sit for the CA Foundation exam directly. Here is how the CA time period proceeds.
Register for the CA Foundation Course: Students are eligible to enroll in the CA Foundation Course following their completion of the 10th standard. But the actual study and test-taking won’t start until after the 12th grade is over.
Finish 12th standard: To take the CA Foundation test, you must have completed your 12th standard in any stream.
CA Foundation Preparation and Exam: After 12th grade, students spend about 4 months preparing for the CA Foundation exam. This exam includes fundamental accounting principles, business rules, mathematics, and economics.
Duration: Approximately 2 years from 10th grade to CA Foundation results.
CA Course Duration After the 12th
Students who begin the Chartered Accountancy course after 12th grade will take at least 5 years to complete it. During this time, individuals must pass three exams and complete two years of articleship training.
The CA course gets simpler after the 12th grade, with direct admission into the CA Foundation Course.
Here is the step-by-step distribution:
CA Foundation Courses: Registration occurs typically after the 12th-grade exams, with students preparing for 4 months before taking the exam.
CA Intermediate: After passing the CA Foundation, students enroll in the CA Intermediate course, which lasts around 8 months. Students have the option of joining both groups or one at a time.
Articleship Training: After passing at least one group of the CA Intermediate exam, students complete three years of articleship training, which includes a practical internship under a professional chartered accountant. During this time, students also prepare for their final exams.
CA Final Course: Following the Articleship, students prepare for the CA Final exams, which might take 6 to 12 months, depending on their preparation level.
Duration: 4.5 to 5 years from 12th grade to CA final results.
CA Course Duration After Graduation
The CA course lasts between 3.5 and 4 years after graduation. Graduates can enroll immediately in the CA Intermediate course without having to pass the CA Foundation exams.
Graduates, especially those in commerce, benefit from the Direct Entry Scheme, which allows them to skip the CA Foundation and enroll straight in the CA Intermediate course.
This is how it works:
Direct Entry to CA Intermediate: Grads who meet certain conditions (55% for commerce grads, 60% for others) can enroll straight in the CA Intermediate course.
Intermediate Course and Exams: The course, like the post-12th entry, requires around 8 months of preparation.
Articleship Training: After passing at least one group of CA Intermediate, graduates begin their three-year articleship, which is identical to the post-12th entry.
CA Final Course: After finishing their articleship, graduates prepare for the CA Final examinations.
Duration: It takes about 3.5 to 4 years from graduation to CA final results.
Understanding the Stages of the CA Course
Here below are the 4 stages of the CA course explained.
CA Foundation Course
This entry-level test consists of four papers covering Accounting, Law, Mathematics, and Economics. Students typically study for about four months after registration.
CA Intermediate Course
This stage includes eight papers divided into two groups and requires around eight months of preparation. Graduates can enter directly through the Direct Entry Scheme.
Articleship Training
A mandatory three-year training period under a Chartered Accountant, offering valuable practical experience.
CA Final Course
The final stage features eight papers and demands extensive preparation after completing the articles, marking the culmination of the CA journey.
Final Words
Regardless of when you graduate from high school or complete your 10th or 12th grade, the route to becoming a chartered accountant is well-defined. Prospective CAs should consider that their journey will take three to seven years, depending on where they start.
Gaining an understanding of the stages and CA Duration with Lecture Kharido will help candidates plan and maintain motivation. This highly regarded professional qualification will ultimately lead to a fulfilling career in finance and accounting.
FAQs
Q.1 How many years to complete CA?
Ans. The CA Course typically takes 5 years to finish and includes three levels – Foundation, Intermediate, and Final, as well as articleship training. Graduates who choose the direct entrance plan can complete the course in 4.5 years.
Q.2 What is the eligibility for CA?
Ans. To be eligible to take the Foundation test, the candidate must have completed Class 12 and four months of study after enrolling in the Chartered Accountant course. The candidate must register with the Board of Studies and complete four months of study.
Q.3 How many attempts for CA?
Ans. CA Foundation enrollment is valid for three years and allows candidates six tries to pass the exam.
Q.4 Is CA a high-paying job?
Ans. Chartered accountant is one of the highest-paid jobs in India. With an average CA salary ranging between INR 8-15 lakhs for entry-level roles and experienced professionals fetching much higher amounts of INR 25 lakhs or more, the income potential remained strong.
