What is the future of Indian CAs after 5 years from now, as most of the corporate education sector is concentrating on CA course and attracting huge candidates. Down the line in another 5 years of time we will have 1000 of CAs. Will they have benefits and market as enjoyed by the Existing CAs?
Asked by Srinivas Reddy Last Modified
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Chartered Accountants is one of the most elite professions in the world. No one understands a Company's financial Health better than a CA. So long as our economy flourishes, CA's are and will continue to remain the most sought after professionals in the world.
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Sanjay Agrawal
Spoken English, MBA, BBA, Career Counselling, Hindi Language tutor with 20 years of experience
You are right in that, following the principles of supply-side economics, there is already a glut of CAs whose market value fall is gradually becoming discernible. Add to this a recent report published in the newspapers about the poor quality of education the students are receiving in the name of doing...
read more You are right in that, following the principles of supply-side economics, there is already a glut of CAs whose market value fall is gradually becoming discernible. Add to this a recent report published in the newspapers about the poor quality of education the students are receiving in the name of doing CA - and the overall picture appears dismal. In order to continuing to stay relevant, both aspiring and practicing CAs are advised to keep upgrading their knowledge base and keep polishing their social/professional networking skills. All the best. read less
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Hi Srinivas, in my interactions with CA professionals i have come to understand that considering these stats only ICWA has reduced the percentage that is awarded CA degree. So 5 years hence the students who have passed today will be 5 yr experienced and would be preferred in corporate scenario. And...
read more Hi Srinivas, in my interactions with CA professionals i have come to understand that considering these stats only ICWA has reduced the percentage that is awarded CA degree. So 5 years hence the students who have passed today will be 5 yr experienced and would be preferred in corporate scenario. And more or less this is happening with all the courses. Remember those times when even BE was a huge thing.. and now its joked that people 1st take an engineering degree and then think what they should be doing. Similarly with MBA and all the other professional courses. read less
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A really great part of CA is you have a right to practice outside India with few additions in current qualifications, besides at reasonable cost and satisfying future. ICAI has no restriction, as earlier, to even undergo articleship outside India. CA's will stay in demand, becoz of the strong fundamentals...
read more A really great part of CA is you have a right to practice outside India with few additions in current qualifications, besides at reasonable cost and satisfying future. ICAI has no restriction, as earlier, to even undergo articleship outside India. CA's will stay in demand, becoz of the strong fundamentals that we infuse through learning and keeping corporate pillars stay eternal. Cash flows!! read less
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Chartered Accountants are the most sought after professionals.They will be in demand always.The future is very bright and encouraging.There will be more benefits and diversified market.
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Ravi Krishnamurthy
Corporate Industry Training
The scope is large and wide you need to focus not just CA .mergers,acquisition, contact and tender bids,IFRS, project and scheduling, varied act on company law ,Treasury many more are there subject of interest has to be focused and develop that.
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CA is much sought after qualification and is evergreen. An Engineering Graduate if he can do CA will be weighed in gold. CA is essential for all business. I shall advice you should go for it .
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