CA Course Details After 12th: Exams, Fees, Eligibility

Want to embark on an exciting career after high school, with lucrative remuneration and abundant prestige? If you have a knack for finance, you must surely check out CA course details after the 12th, as this is one of the most rewarding career options. No wonder the Institute of Chartered Accountants of India, the statutory body regulating the profession in India, boasts 3.86 lakh active members. Here’s knowing more about the field and its prospects. 

CA Course: Key Highlights

Here are some key CA course details for your perusal. 

Full Form of CA	Chartered Accountant
CA Exam/Study Levels	CA Foundation, CA Inter, CA Final
CA course eligibility after 12th	10+2 with 50% overall aggregate for the Foundation course (40% in each paper).   Qualifying Foundation Course or through Direct Entry for Intermediate level.   Qualifying both Intermediate groups, completing practical training, Information Technology and Soft Skills training, and the four self-paced online modules for the CA Final.
CA Course Details after 12th Fees	Foundation- INR 9,000 Intermediate- INR 18,000 for both groups Final- INR 22,000
CA Course Time Duration after 12th	4.5-5 years (approx)
CA Admission Process	Entrance Examination

CA Course Importance 

A CA course's importance is unparalleled in becoming a globally qualified chartered accountant. The course is the gateway toward becoming a respected accounting, auditing, taxation, and finance professional. CAs are highly respected professionals required in every company or professional sphere. The course may also be a foundation for prestigious positions like the Chairman of a public sector bank, Governor of State, CAG (Comptroller and Auditor General), and so on. 

CA Course: Eligibility After 12th 

Here are the details of CA course eligibility after 12th: 

CA Foundation

• Completion of 10+2 from a recognized board.
• Minimum overall aggregate marks of 50% with 40% marks in each paper. 

CA Intermediate

• This is the second CA level that can be pursued after qualifying for the Foundation course.
• Another way to join this level is Direct Entry for postgraduate/graduate candidates with prescribed marks percentage. This is a 55% minimum for commerce postgraduates/graduates and a 60% minimum for those from other streams. 

CA Final

• You must have qualified both the Intermediate Examination groups.
• You must have completed practical training or articleship. 
• You must have completed the four self-paced online modules.
• You must have completed both the information technology and soft skill training level. 

CA Course Details After 12th: What Does it Include

Here is a step-by-step guide to know what different stages of the CA course include, i.e., the syllabus and subjects you will be studying at each level.

CA Foundation 

It has four papers: Accounting, Business Laws, Quantitative Aptitude, and Business Economics. All of these carry 100 marks each. 

CA Intermediate

The papers include Advanced Accounting, Corporate Laws, Taxation, Cost and Management Accounting, Auditing and Ethics, and Financial Management and Strategic Management (100 marks each). 

Self-Paced Online Modules

Students have to qualify for four self-paced online modules. Two are compulsory, i.e., Set A (Corporate and Economic Laws) and Set B (Strategic Cost and Performance Management). The other two modules, i.e., Set C and Set D, are electives where students can choose from multiple options. 

Information Technology Training and Soft Skills Course

Courses under this category include:

• Integrated Course on Information Technology and Soft Skills (ICITSS)
• Advanced Integrated Course on Information Technology and Soft Skills (AICITSS)

Practical Training/Articled Training 

This covers two years of hands-on training and starts when the Foundation route aspirants finish their ICITSS and two Intermediate Examination groups. Direct entry aspirants can start after fulfilling the same conditions. Those passing the Intermediate Examination can begin only after completing ICITSS. 

CA Final

The papers include Financial Reporting, Advanced Financial Management, Advanced Auditing, Assurance and Professional Ethics, Direct Tax Laws and International Taxation, Indirect Tax Laws, and Integrated Business Solutions (100 marks each).

Top Countries to Pursue CA Abroad

Some of the leading countries to pursue CA abroad include the USA, UK, UAE, Australia, New Zealand, Singapore, Ireland, and many others. 

Read More: Top Diploma Courses After 12th Commerce

Career After CA Course

CA graduates can pursue these job roles in the corporate sector or open their own chartered accountancy firms. According to Glassdoor, the average salaries of CAs in India are approximately INR 10,82,083 annually and $117,046 (INR 97,11,757) per year in the US. The remuneration increases per one's experience in the field. 

Here is a guide to various career options one can pursue after completing a CA course.  

Job Role	Average Salary in India	Average Salary in US
Audit Accountant	INR 480,000 per year	$87,750 per year (INR 72.94 lakh)
Taxation Associate	INR 5,80,766 per year	$70, 938 per year (INR 58.97 lakh)
Consultant	INR 12,00,000 per year	$1,02,961 per year (INR 85.58 lakh)
Cost Accountant	INR 6,00,000 per year	$76,208 per year (INR 63.34 lakh)
Board of Director Position	INR 53,11,398 per year	$89,055 per year (INR 74.02 lakh)
Estate Officer	INR 6,37,000 per year	$143,103 per year (INR 1.19 crore)
Arbitrator	INR 8,31,000 per year	$93,004 per year (INR 77.31 lakh)

Source: Glassdoor, January 2024

Pursuing a chartered accountancy course after 12th provides many benefits if you have a knack for finance, accountancy, taxation, and related subjects. Chartered accountancy promises to be a rewarding and lucrative career with abundant growth prospects if you are ready to put in the hard work.