Road to Become CA for 12th Commerce Students With/Without Maths

road to become ca for 12th commerce students with or without maths

Chartered Accountant has become a dream of every commerce student. It is the highly reputed course in the Commerce field. The course with fascinating financial rewards, unexpected fame, and untold challenges.

Most of the students having commerce with Maths till class 12th have a dream of becoming chartered accountants but students having commerce without maths also have a great interest in Chartered Accountant course. 

In this article, we will showcase road to become CA for 12th commerce students and talk about whether a Non-maths student can pursue this course or if yes then what challenges will come across on his journey. Let’s talk more about challenges for a Maths and Non-Maths student but before that look at the general course requirements.

The entire course is divided into four steps -

  1. CA Foundation
  2. CA Intermediate
  3. Practical Training for 3 years
  4. CA Final

 

Institute of Chartered Accountants has revised its curriculum and replaced entrance level CPC (Common Proficiency Course) with the CA Foundation making it more challenging for the upcoming students.

Students can pursue this course after 12th examination. You can get register for the entrance exam CA Foundation after appearing in the 12th examination and will be eligible to sit in the Foundation examination after passing 12th examination constituted by law or recognised by Central Government and undergone through the study period of four months.

 

CA Foundation comprises of four subjects. The paper pattern of two of which will be subjective and two will be objective. One paper in the objective paper pattern includes Business Mathematics, Logical Reasoning and Statistics. The best part is that paper pattern for the  Business Mathematics, Logical Reasoning and Statistics is still objective where students can try their luck. Negative marking will continue to be in the objective papers. However, for every wrong answer, only ¼ marks will get deducted and every correct answer will help you in achieving one mark.  

 

Students are required to secure 40% marks in individual subjects and 50% in aggregate of all the subjects to crack this exam. So, if you want to crack this exam and get enter into the Chartered Accountancy course you will have to clear this paper also, by securing minimum 40% marks.  

 

Chartered Accountant Course after 12th Commerce with Maths 

 

Students from the Maths background would definitely get the benefit of studying Maths in their senior secondary classes to crack the entrance level of Chartered Accountancy course i.e. CA Foundation. As the course of Business Mathematics, Logical Reasoning and Business statistics are almost similar to what  you have studied in your senior secondary classes. So, you will get an advantage or say relief from preparing one subject.

 

Chartered Accountant Course After 12th Commerce Without Maths

Even if you are a Non Maths student then also you can pursue this course. However, it is quite easy for the maths students to clear the CA Foundation in comparison to the Non-Maths students but the further journey will have the same challenges for both Maths and Non-Maths students.

This doesn’t mean that for the further levels i.e. CA Intermediate and CA Final you will not going to face any practical subjects. Beside the Accounts, Finance and Cost will always be the core subjects under the Chartered Accountancy course where a lot of challenging sums are welcoming you.

Let’s know more about this paper. This paper is divided into three sections one is maths second is Statistics and third is Logical Reasoning. Beside the Maths, other two sections are scoring.  The Logical reasoning section contains 20 marks and other two sections cover the remaining marks equally divided among themselves. Being the easiest section, questions are bit lengthy in Statistics as it contains the huge calculations. And the logical reasoning is also scoring part. The fear in attempting these sections are silly mistakes and duration in solving questions. But this is no more school. ICAI does not want you to do the labour work. You will not have to do the calculations by hand. 12 digit calculators are permitted in the CA Exams. The only thing you have to do is grasping command over the use of calculator like learn M+, M-, G etc. This will save your very crucial time and in this way you can easily attempt the major portion and crack the entrance level.  

 

As you know that ICAI has given minimum four months study period after registration to appear in the Foundation exam. So, it would be better to join coaching for this subject.Proper guidance is necessary from the correct mentor who can judge your capability and give you correct advice.

Once you passed this entrance exam the next levels came across in your journey is CA Intermediate and CA Final. As we have already discussed that beside Accounting, Finance and Cost are core subjects in this course. It always better to join coachings for the further levels.

The above guidance is only for CA Foundation assuming that you love the Accounts but the only fear is Maths.

Now, What if somebody is really bad in maths but still want to become a chartered accountant?

Well, in that case, ICAI has

Direct Entry Scheme

There is a big relief given by the ICAI to the Graduate and Postgraduate students to register directly with the CA Intermediate without passing CA Foundation. So, in case you don’t want to appear for the Maths paper you can begin with the CA Intermediate after the graduation by the direct entry scheme securing minimum 55% marks in graduation (Commerce students 55% and Non-commerce students - 60%).

Once you passed this entrance exam the next levels came across in your journey is CA Intermediate and CA Final. As we have already discussed that beside Accounting, Finance and Cost are core subjects in this course. It always better to join coachings for the further levels.

 

If you are good in practical portion and love to solve the sums then only you are advised to pursue the CA course otherwise you may pursue other courses in commerce like CS, MBA etc. where you need to grab the command over theoretical portion.

Chartered Accountants plays a major role in the growth of the business as they are highly qualified professionals. They are expected to analyse the Financial situations and Financial operations of the business and of course suggest the ways to resolve the same.

 

They also act as brilliant advisors for the investment purposes. Vast knowledge of the finance and the share market. They play with the figure in the financial world. So, if you are expecting that you can live far away from Maths after becoming CA then it is not even possible.

Conclusion:

In this article, we have provided you the eligibility criteria to enroll for the CA Course after 12th standard. Importance of Maths in Chartered Accountancy course and how a Non-maths student can easily crack the CA Foundation exam. Besides the above, guidance has been provided for the theoretical lovable students.

 

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