So realistically the engineer would probably require another 3 years of college just … Though I started writing papers with IAI papers first I actually qualified from the UK Institute first reason being I was working with stakeholders in the UK and my work required me to understand the UK market. or for that matter start something of my own, my CA qualification would be of great help as CA is one of the most exhaustive courses in the Accounts and Finance space. Or are you someone who did CA after engineering? Accounting: Skills and Aptitudes Becoming an Accountant: Education is Key Becoming an Accountant: 7 Potential Roles Becoming an Accountant: The Places You Can Go Accounting Salaries and Job Growth Next Steps. In short, I was exploring everything before taking a set direction. They made sure of clearing all my doubts and helped me understand the basic concepts. We help our community of Chartered Accountants, CPAs, Company Secretaries, Cost Accountants and commerce grads find useful news, information and resources on technology, funding, money, career and investment. ), making him feel that maybe I would pursue CA after engineering and I left it at that! All of the Institutes are regulated by the body. Required fields are marked *. I just had 5 months to prepare for CA IPCC (as I had to complete my engineering internship as well). However, CA3, the communications exams delayed my qualification by a year. In Dec’14. Engineering can be chosen by science students whereas chartered accountancy is an interesting field too to opt for your future. In fact, when I finished my engineering most of my engineering friends left the country for their Masters, some started working but the only thing that kept me going was the goal – To fulfill my dad’s dream. Guide me with some advices sir. With that kind of schedule, one could do 2 CTs in one sitting. Earning a finance degree by no means imprisons the individual to only work in a job title containing the word finance. I found the idea good as well, but studying CA after engineering was too much to digest. This project involved solving one of the interesting problems around network intrusion. The journey of qualifying as an Actuary is long and not necessarily tough. So yes, don’t waste too much time thinking. I still remember that day, it felt so amazing. Or are you someone who did CA after engineering? They're not just number-crunchers any more. In terms of studies, it varied a lot. Are you wondering whether to begin a career as an accountant? In my mind, students typically make two mistakes – Firstly, taking longer to clear exams and secondly, not balancing exams with skills. After qualifying CA INTER, I’ll have a back up plan. Now during my last year of engineering, my dad again brought up the topic of pursuing CA. … For the people who are confused, to take up something new or to study something they always wanted, all I could say is  – It is never too late in life. They have played a huge role in my IPCC journey. However, if you intend pursuing Chartered Accountancy or CPA even after becoming an Engineer, Actuary or MBA you can do so. My Journey Studying to be a Chartered Accountant, Dealing With The Entire Situation of CA After Engineering, Benefits of Having an Engineering Degree with a CA Qualification. The Finance Story – is a niche digital media platform for finance professionals and finance students. It may be better logic or even creativity. – My father is also a practicing chartered accountant. There are many who quit half-way and possibly ACET helps them make this decision much early i.e. 1. Although many employers insist that accountants have a four-year college degree, some will promote experienced employees who have proven their skill working at non-degree jobs. My parents always supported our decisions and were happy that my brother was pursuing his passion Law, however, I always knew my dad wanted at least one of us to become a Chartered Accountant. You can follow me on LinkedIn at – Sujay Ajgaonkar. Below I have shared about my exam attempts. It's also possible to work your way up to chartered status by starting out in a more junior role, for example as an accounting … In my case, I qualified from IFoA and then also got a fellowship from IAI. Also, the cost of IFoA (UK) is more. In the US you are REQUIRED a bachelors degree in accounting and 150 hours (5 years of college) of college credits. Because of no credit given to me, I could not make my transition to a data scientist as I did not have anything to substantiate my interest in data science. There is no reason apart from lack of awareness­­ about the profession that students first do graduation and then pursue actuarial science. Keep reading for a step-by-step guide to becoming an accountant. Hi! My dad is a Chartered Accountant and has his own CA practice in Mumbai (India) and always wanted me to pursue CA (every CA parent wishes the same I guess). A certified public accountant is like a licensed engineer… Engineers don’t need a license to work in the profession. Students from any stream, including engineering graduates and under graduates, can become Chartered Accountant. I graduated as an engineer is 2006 and got a job through campus placements. If you don’t have any bachelor’s degree, there are accounting certifications you can … Give it a try, you can unsubscribe anytime. Well, it was an uphill task of coping with Accounts coming from a science background. Thank you. It gives one an overall perspective, it is one qualification which can. And that’s when I decided to pursue CA and become a qualified Chartered Accountant from ICAI. For example, CT4 from IAI and CT5 from IFoA. Anyways understanding Accounts was a real nightmare but it all felt so worth it! You can become a chartered accountant by taking a degree, followed by professional qualifications. I was more into sports and athletics, was a national level athlete and ran for Maharashtra (India) in my 10th grade. After all, everything is possible for those who believe. For example, CT3 is pre-requisite for CT6 and it helps to attempt exams in that order. I did my B.Tech Project in the 4th year of engineering, which was part of the curriculum. In short, I was exploring everything before taking a set direction. But I think being from a different background does help sometimes as you bring something new to the table. 2. right in the beginning. By the time I opened my first spreadsheet and fired up my second monitor to start auditing, the idea of switching careers, attending a coding bootcamp, and becoming a software engineer … Click here to join our channel and get updates with latest stories of finance professionals. You can reach him at [email protected]/[email protected] During exam preparations when I would be in my room studying. One can start pursuing the course soon after grade 12. However, in my knowledge, the other way round is not allowed. This. Math Courses (through high-level, statistical reasoni… Yes, I Am A CA And I Am In Corporate Sales, Rise Above: My Journey from Being Declared Disabled at 18 to Becoming a Chartered Accountant, How I Found a Transfer Pricing Job Abroad (in the Middle East) with No CA/CPA Degree, Meet Anita Who Dared to Pursue Chartered Accountancy at the Age of 48, My Unconventional Journey from an Engineer to a Chartered Accountant. Since I was pursuing CA from ICAI after my engineering, I could opt for the direct route. And I really interested in the subjects of engineering. Sumit is an engineer and a qualified Actuary from IAI and IFoA. Yes. Yes, you are right – a… I studied accounting in college, obtained my CPA license, and moved to Denver, CO to become an accountant. Your email address will not be published. Well, it was an uphill task of coping with Accounts coming from a science background. Also even in the future if I intend getting back to engineering (which I do not intend to!) Published on June 19, 2018 Updated on September 25, 2019 The Finance Story 3 Comments. Do you intend pursuing CA or CPA after your engineering? But since my dad has most of his clients in the manufacturing field and he felt I could be a great CA as I would be able to understand both the Finance and the Engineering part of the clients. what are the career scopes of actuarial science. This meant I could skip CPT and had to give only two levels: IPCC and CA Final. Of course, you will be able to. So I worked in TCS for around 3 years and then left my job and pursued CA course full time because I have to complete my articleship also. My parents were very happy and encouraged me to pursue engineering instead of a normal Bachelors’s in Accounting or a Bachelors’s in Science. i think different states … ), making him feel that maybe I would pursue CA after engineering and I left it at that! Just drop your views here. Thank you so much for sharing your experience with us it’s really inspirational to all of them who are give up in between the CA course or any other courses or switching from one background to another…this people always need a support to take the decision because it becomes very difficult sometime to choose either one option …… As in my case I’m mcom part2 student as well as ca-ipcc student I cleared my group 1 recently and now preparing for group 2 ….but due to some reasons I’m shifted to do the job in corporate instead of doing my articleship ….and now I’m so much confused how balance both job and ca course it’s seems very time consuming……. You can, in fact, become an accountant without an accounting degree. He also shares with us the exact strategy he used to clear his Actuary exams. The only difference is – IFoA has no entrance exam while IAI has ACET. , I was very active in all college activities like college festivals, college committees, etc. – You always have some supporting you, some who say it is going to be tough and also some who make fun of you for taking it up. It is a nice mix of everything and tests you on how good you can be at grasping different types of information. inputs on costing, as I knew what went into production and could picturise the same. The question is: can one still become an accountant without an accounting degree? And I would like to tell why I am planning to do this. A bit of research on the course was enough for me to take the decision and here started a new journey”. The day I got a job with an IT company, I realized that I never wanted to be a regular software engineer. In CA Final, there was no set game plan. BONUS: Here is some advice on what you can pursue after Engineering, My Journey To Self Confidence From India To US, How This Chartered Accountant Won a Beauty Pageant, From Clearing CA in the 1st Attempt to Pursuing Singing along with my CA Firm, Meet Anita Who Dared to Pursue Chartered Accountancy at the Age of 48, My Unconventional Journey from an Engineer to a Chartered Accountant. Studying was no exception. Nobody explicitly told me I couldn’t do it, but not many were encouraging either. While most of my peers appeared for the same exam, say CT4 from both the Institutes (as mentioned above both IAI and IFoA (UK) has the exact same papers), I would appear for different exams. If I had fought my case, I would have got credit for my project but would have lost a good amount of time. It was painful but I did realize that there was no point fighting it (even though I had enough evidence to prove my case). Learn more about the journey toward becoming an accountant… A bit of research on the course was enough for me to take the decision and here started a new journey. The practical knowledge which I got while doing my articles helped me so much in understanding exam concepts. I have also completed my IPCC and now appearing for the final exams. I chose to give individual groups as that seemed more doable in my case. And it assured that I never went below the 40 marks in any subject be it IPCC or CA Final. IAI adopts the same study material as IFoA (UK), except for practical papers. kept me going was the goal – To fulfill my dad’s dream. I thought about it and the entire concept of CA with engineering was a good idea but pursuing CA after my engineering would be too time-consuming. So if you clear CT4 from IFoA, you pretty much have cleared from IAI as well, all you need to is pay the exemption fees. I also wish to highlight that there are few subjects with pre-requisites. Hi I am 42 year old software engineering manager and I am interested to do a part time job as a Tax return filing preparer as I am very much interested in tax related stuffs. I am computer engineer passed out 2018,pursing mba in correspondence, i wanted to do CA as its my dads dream, will i be able to complete in 3.5 year and am working for corporate as customer service associate. Accounting is Not Rocket Science. This can be done by students who have passed 10th standard. Now though I was pursuing my engineering, my dad casually mentioned to me that an Engineer and a Chartered Accountant would be a great combination. This is true the other way round as well. How I Overcame Failure After Failing 8 Times in my CA Exams? The CA Story is now on Telegram. http://www.actuariesindia.org/subMenu.aspx?id=12&val=What_is_an_Actuary? However, if you intend pursuing Chartered Accountancy or CPA even after becoming an Engineer, Actuary or MBA you can do so. “Mine is an interesting story. 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