Chartered Accountancy (CA) is now a Postgraduate Degree !
Years of hard work and sweat you put in your CA examinations, will not only make you a qualified CA but will also make you a postgraduate as well. Yes, you read it right! CA will now be treated as equivalent to a postgraduate degree.
University Grants Commission (UGC), in a major announcement said, “Students who qualify for the Chartered Accountant (CA), Company Secretary (CS) or Cost and Works Accountant (ICWA) exams will now be treated equivalent to postgraduate degree holders.”
It further added, “The UGC had received requests from the Institute of Chartered Accountants of India (ICAI), the Institute of Company Secretaries of India (ICSI) and the Institute of Cost Accountants of India, to consider the qualification being awarded by them — CA, CS and ICWA, equivalent to postgraduate degrees.”
The Institute of Chartered Accountants of India (ICAI) has welcomed the much-awaited step. “This will not only help Chartered Accountants for pursuing higher studies, but will also facilitate the mobility of Indian CAs globally,” the institute said.
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