PresentingOpportunities we have

By – Akhilesh Shukla

Why it’s IMP deciding NOW !

Ur at the start of ur journey Lot’s of alternative ( CA , CS , CWA ) Each alternative compete with each other Identifying ur attributes and requirement of ur Goal Imbalance between expectations urs/parents/Friends/Relative.

Let me Show u what we have

GOT !

Popular Career Options

1. CA

2. CS

3. CWA

4. CFA

5. CPA

6. IFRS

7. ACTUARY

Most popular course in commerce fields Accounting, auditing and taxation are the

core areas dealt by chartered accountants. They are also capable of expert level

services in the areas of General Management, Personnel Management, Financial Management, Operations Management, HR Management

Average Income Fresher – 6-7 Lakhs

1.CHARTEREDACCONTANT

Stages in CA

CommonProficiency

TestIntegrated Professional

Competence Course (IPCC)

Final

4 subjects-2 papers 9 subjects

4 papers- group I3 papers- group II

Articleship + ITT

100 hours of IT training

+Apprenticeship

Under a practicingCA for 3 years

+GMCS I

Stipend – 1-15K

8 subjects4 papers- group I4 papers- group II

Tuition Cost – 70-100K

CompulsoryGMC courseDuring/ after

Finals• Academic Qualification- 10+2 or

equivalent as recognised by ICAI

Course Structure

2 Month – June6 Month - Nov

Tuition Cost –20-25K

CPT results – 1 MonthsDuration – 9-10 MonthsTuition Cost – 45-65K

Subjects

Session IISession I

Mercantile Laws(40 Marks)

FundamentalsOf Accounting

(60 Marks)

QuantitativeAptitude

(50 Marks)

GeneralEconomics(50 Marks)

• Pass Mark : Aggregate – 50% & Minimum-30%(Every Sub)• Negative marking : ¼ per question (Each question 1 mark & Total Question 200 )

• Each Exam session : 2Hrs • Failed : Reappear for exam no limit for no of attempts.

Subjects in IPCC

Group IIGroup I

Law, Ethics and

Communication

AdvancedAccounting(100 Marks)

IT and StrategicDevelopment

Auditing and Assurance

(100 Marks)

InformationTechnology(50 Marks)

StrategicManagement(50 Marks)

BusinessCommunications

(20 Marks)

Business Ethics(20 Marks)

Law(60 marks)

Cost AccountingAnd FinancialManagement

Cost Accounting(50 Marks)

FinancialManagement(50 Marks)

TaxationIDT

(50 Marks)

Income Tax(50 Marks)

Subjects in Finals

Group I Group II

Corporate &Allied Laws

Company Law

(70 Marks)

StrategicFinancial

Management(100 Marks)

FinancialReporting

(100 Marks)

Allied Laws(30 Marks)

AdvancedAuditing andProfessional

Ethics(100 Marks)

AdvancedManagementAccounting(100 Marks)

InformationSystemsControl &

Audit(100 Marks)

Direct TaxLaws

(100 Marks)

IndirectTax

Laws

CentralExcise

(40 Marks)

Service TaxAnd VAT

(40 Marks)

Customs(20 Marks)

Details about IPCC / Final

IPCC 50% Aggregate 40% Individual passing each subject Results of each group evaluated separately After Clearing 1St group one can start

articleship Attempting both group can benefit excess

marks setoff from one group to another to cover aggregate passing

Final Only after completion of 2.5Yrs of articleship

& both group of IPCC 50% Aggregate 40% Individual passing each subject Results of each group evaluated separately

2. Company Secretary

A CS is a person who is:- 1. An expert in corporate laws, securities

laws & capital market and corporate governance.

2. Chief advisor to the board of directors on best practices in corporate governance.

3. Responsible for all regulatory compliances of company.

4. Corporate planner and strategic manager.

5. Average Fresher Income 5-6 Lakhs

Stages in CS

ProfessionalFoundation Executive

Eligibility:- 10+2 or equivalent Provisional admission is allowed to a candidate who has appeared or enrolled for appearing in

Senior Secondary (10+2 or equivalent) examination , provided proof of passing the examination is produced within 6 months of making the application.

Admission- Making an application in the prescribed Form FC-1 together with documentary evidence in support of date of birth and educational qualification.

Duration- 8 months, excluding the months of admission and the examination. # Students are required to pass the Foundation examination within 3 years from the date of their

admission

Exemption:- Pass in the Final examination of the ICWAI or ICAI or any other Accountancy Institution in India or

abroad recognized by the Council. A degree or master's degree in any discipline other than Fine Arts.

Foundation Programme

FoundationSubjects

Elements ofBusiness Laws

And Management

EconomicsAnd

Statistics

FinancialAccounting(100 Marks)

BusinessCommunication

(50 Marks)English

(50 Marks)Statistics

(50 Marks)Economics(50 Marks)

Elements ofBusiness

Laws(50 Marks)

Elements ofManagement(50 Marks)

English andBusiness

Communication

Registration Period:-1. Five years from the month in which his application, complete in all respects, is accepted for

registration. 2. A registered student is required to complete the Executive and the Professional examination

within the registration period. 3. All papers – 100 Marks

Subjects

Module IIModule I

General & Commercial Laws

Company Accounts and Cost & Management Accounting

Tax Laws

Company Law

Economic And Labour Laws

Securities Laws and Compliances

Executive Programme

Professional Programme

Subjects

Module IVModule II Module IIIModule I

Drafting, Appearances

&Pleadings

Company Secretarial

Practice

RestructuringAnd

Insolvency

Financial, Treasury

&Forex

Management

Advanced Tax Laws and

PracticeModule

Strategic Management,Alliances andInternational

Trade

Due Diligence

&Corporate

Compliance Management

Governance, Business

EthicsAnd

Sustainability

Eligibility- Passing the Executive Programme examination. All Papers – 100 Marks

3.Cost and

Work Accountant

A cost accountant ensure that managerial decisions are well within the cost prescriptions. He is expected to give a prognosis for projects to be undertaken based on past and present financial performances

Manufacturing industries are main focus Average Fresher Income – 5-6 Lakhs

Stages in CWA

FoundationCourse

FinalCourse

IntermediateCourse

Foundation Subjects

FinancialAccounting

Fundamentals(100 Marks)

Management(70 Marks)

Organisation(30 Marks)

Organisation &ManagementFundamentals

Economics &Business

Fundamentals

Economics(50 Marks)

BusinessFundamentals

(50 Marks)

Basic Mathematics& Statistics

Fundamentals

Arithmetic(15 Marks)

Mensuration(30 Marks)

Algebra(25 Marks)

ElementaryStatistics

(30 Marks)

Pass percentage- Minimum of 40% in each paper and an aggregate of 50% in all the papers together.

Intermediate Subjects

Applied DirectTaxation

(100 Marks)

Financial Accounting(100 Marks)

Commercial &Industrial Laws

& Auditing

Commercial &Industrial Law

(50 Marks)

Auditing(50 Marks)

Cost & ManagementAccounting(100 Marks)

AppliedIndirectTaxes

(100 Marks)

OperationManagement(50 Marks)

OperationManagement& Information

Systems

InformationSystems

(50 Marks)

Group IIGroup I

Final Subjects

Strategic TaxManagement(100 Marks)

AdvancedFinancial

ManagementAnd

International Finance

(100 Marks)

Operations &Project

ManagementAnd Control

OperationsManagement(50 Marks)

ManagementAccounting-

DecisionMaking

(100 Marks)

ManagementAccounting-

FinancialStrategy &Reporting

(100 Marks)

Cost Audit(50 Marks)

Cost andManagement

Audit

ManagementAudit

(50 Marks)

Group IVGroup III

ProjectManagement(50 Marks)

StrategicManagement

And Marketing(100 Marks)

ValuationManagement &

Case Study

ValuationsAnd

Management(70 Marks)

Case Study(30 Marks)

4.Actuary

In one of the highest paid jobs in the world One of the toughest exam in the world India have only 250 of them Risk advisor & forecasting expert Insurance companies, Assets management

companies etc can be seen Average Fresher income

Student with CT & CA – 6-7Lakhs

Actuary – 10-15Lakhs

Eligibility Criteria An actuary is an expert in assessing the financial impacts of tomorrow’s uncertain events. They enable

more informed decisions. Eligibility :-

1. Should have completed 18 years of age

2. Should have attained anyone of the following Educational Standards- Passed 10+2 or equivalent with at least 85% in Mathematics / Statistics + ACET Graduate or Post Graduate in Mathematics/Stats/Econometrics Any Engineer / CA / CS / MBA (Finance) / MCA/CWA/CFA The Insurance Institute of India (III) passing with subjects 81- mathematical Basis of Insurance and 82-

Statistics. Salary- Rs.7 Lacs – 70 Lacs Per Annum

Stages Of Examination

Core ApplicationStage

Specialist TechnicalStage

Core Technical Stage

Specialist ApplicationStage

Core Technical Stage- 8 compulsory papers (CT1-CT8) with one paper of 100 marks

Core Application Stage- 2 compulsory subjects (CA 1 to CA3), CA1 consists of two papers whereas CA2 and CA3 shall have one paper each.

Specialist Technical Stage- 6 papers (ST1 to ST6) and the students have to choose any two.

Specialist Application Stage- 6 papers (SA1 to SA6) and the student has to clear any one.

How to Get it…

I. Institute of Actuaries of India (IAI) & Institute of Actuaries of UKII. For details visit www.actuariesindia.org & www.actuaries.org.uk III. Exams center for actuaries UK available in India only IV. Actuary UK Globally recognized but cost is 3 times more..!V. Duration 6-10 Years

Fee Structure :-1. One time admission fee - 15002. Annual membership fee- Rs 750/-3. ACET – Rs 30004. Per Subject Exam Fee – 2000-4500(Varies)5. Compulsory study material – 2500/- each

Where Actuary Actually Work ?1.Insurance companies [Life, General, Health]2.Consultant3.Academics4.Authorities like IRDA, PFRDA & TAC.5.Risk Management Management Companies6.Large banks and Investment Firms like World Bank, ADB, etc.7.Pension Banks and Employee Benefit Companies8.Large Capital Project Handling Companies9.Software Development Companies10.Actuarial BPO Companies

5.Certified

Public Accountant

USA’s Chartered Accountants Global recognition/High demand Short period & High success rate But costlier than CA as exams are only

conducted in USA/Dubai Only one stage 4 papers but need regular

college up to master’s Average Fresher Income – 7-8Lakhs CA + CPA – 10-15Lakhs

Subjects

2.Financial

Accounting and

Reporting (FAR)3Hrs

3.Regulation

(REG)2.5Hrs

1.Auditing

and Attestation

(AUD)4.5Hrs

4.Business

Environment Concepts

(BEC)4Hrs

Few More opportunities

1. Hotel management

2. BANKER (IBPS)

3. KPO/ BPO

4. Economist

5. Broker

6. Forex Dealer

7. Investment Banker

8. Analysts

9. PROFESSOR/ TUITOR

10. TAX CONSULTANT

1. WTO

2. World Bank

3. WHO

4. IMF

5. RBI

6. SEBI

7. Department of Commerce

8. UPSC(Revenue officer)

9. Sales tax officer(MPPSC)

10. FRM

11. MANAGER

Few More interesting Fields

1. FORENSIC ACCOUNTANT

2. CERTIFIED FRAUD EXAMINER

3. ENFORCEMENT DIRECTORATE

4. ECONOMIC OFFENCE WING

5. SERIOUS FRAUD INVESTIGATION OFFICE

Ambitions VS Reality

BEST JOB = UR PASSIONS Before choosing a career take time to Understand Your self , Preferences , Likes , Ability Find where you are and where you want to be

Some point’s to remember

• Many of you are may be frustrated thinking of your past.• I want you all to just take deep breathe & remined yourself that everything in the past was

perfect it was your destiny • Best day to begin is today• You can’t hire someone else to do your push ups for you• Make commitment - Targets

Don’t be frustrated if you can’t achieve them at firstSuccess need 1) Time 2)Efforts 3)Perseverance 4)Patience

• You may face situation where you feel whether you are making progress or not but as I told you earlier success need patience

• To judge your success compare your past with your present

Some point’s to remember

• Only person can save yourself is you • Be responsible – if you keep blaming some else for your failure you will always be a looser• Avoid excuses - because they are responsible for 99% of your failure• You have control over only three things

1)Thoughts 2)Imagination 3)ActionStart using them stop looking for answers outside yourself for why you havn’t done something for your life look inside and start creating them

Dream

Dream BIG !Feel it..Believe it…Achieve it….

Questions & SuggestionsAre welcomed contact- cashukla786@gmail.com

ThankYou

Disclaimer – The information mentioned are extracted from the respective sites and slideshare and upto date as on today – 14-08-2015