ICAI CA Qualification to be Equivalent to Postgraduate Degree | Post graduates programmer full information

ICAI CA Qualification or full information 2021

The CA qualification obtained from the Institute of Chartered Accountants of India (ICAI) will likely be handled as equal to a postgraduate diploma. The University Grants Commission (UGC) has given a nod to ICAI’s proposal. ICAI had earlier sought the standing of postgraduate diploma for CA and graduate diploma standing for CA-intermediate programmes.

 

This would imply that CAs will likely be eligible to look in National Eligibility Test (NET) carried out by University Grants Commission. It will make the Chartered Accountants eligible for a junior analysis fellowship and assistant professor within the Universities throughout India. Chartered Accountant members can now pursue PhD in all of the Indian universities as in opposition to 106 universities, two IITs, and 7 IIMs which presently acknowledge the CA qualification for the precise goal of registration to PhD programme.

 

ICAI in an official assertion stated that “this will not only help CA’s for pursuing higher studies but will also facilitate the mobility of Indian CAs globally.”

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CA. Nihar N Jambusaria, President, ICAI stated “This equivalence to Post Graduate Degree will open up the international market for various job avenues for ICAI members, thereby bringing the global acclamation and recognition to India worldwide. Since Chartered Accountancy course will be considered as equivalent to the Post Graduate degree, it will aid CA members, who are aspiring to go overseas for higher studies and/or for seeking professional opportunities abroad.”

 

The ICAI was pursuing this matter for fairly a while and being attentive to the identical, UGC had constituted an Expert Committee final 12 months. ICAI had submitted a ‘Concept Paper elaborating the ICAI scheme of education and training and related details’ to the Committee. The UGC thought of the advice of the Committee and resolved that CA qualification be thought of equal to a postgraduate diploma.

 

In the previous, UK NARIC (The National Recognition Information Centre for the United Kingdom) a famed UK nationwide company answerable for offering data and professional opinion on {qualifications} and abilities worldwide had additionally evaluated& recognised CA qualification.

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