can an engineer become an accountant

Dive in, at least it is worth the experience so do give it a shot. Not to scare you but CA from ICAI needs a min of 3.5 years of investment if you clear all the exams in the first attempt else it can also take you 4- 6 years or more. Part of our Bitesize world of work series. Most people in India opt for – Institute of Actuaries of India (IAI). In this section, we will discuss the perspective of these two careers so that you can get a glimpse of what to expect from each of them.Ask any businessman, who they depend upon most? Most students wait to get the results of their previous exams in the process you lose 2 months straightway. I also wish to highlight that there are few subjects with pre-requisites. He told me again that why a CA and an Engineer would be a great combination! However, that very same week my elder brother (who was pursuing CA and Law) decided to take a break from CA and pursue LLM (Masters in Law) from abroad. 1. You can follow me on LinkedIn at – Sujay Ajgaonkar. By the time I opened my first spreadsheet and fired up my second monitor to start auditing, the idea of switching careers, attending a coding bootcamp, and becoming a software engineer … Keep reading for a step-by-step guide to becoming an accountant. Are you an engineer wanting to pursue CA? Virtually all accountants and CPAs specialize in one or more areas of practice. The arrangement between IAI and IFoA (UK) is such that once qualified from either of the two, it is possible to get a fellowship from the other. BONUS: Here is some advice on what you can pursue after Engineering, My Journey To Self Confidence From India To US, How This Chartered Accountant Won a Beauty Pageant, From Clearing CA in the 1st Attempt to Pursuing Singing along with my CA Firm, Meet Anita Who Dared to Pursue Chartered Accountancy at the Age of 48, My Unconventional Journey from an Engineer to a Chartered Accountant. I graduated as an engineer is 2006 and got a job through campus placements. It all depends on perspective, how you look at things and make them work your way matters. Thanks for your question. However, there are some things that only a licensed engineer can do, such as signing and sealing engineering plans. For some, I couldn’t let them down and then for the others I had a point to prove. In addition to having a knack for numbers and figures, an accountant must attain technical skills and the ability to synthesize and analyze data. In fact: In today’s article, we have Sumit Ramani sharing with us – Why he decided to become an Actuary from engineering? It was something I was not ready for. Earning a finance degree by no means imprisons the individual to only work in a job title containing the word finance. Or are you someone who did CA after engineering? I’ll just put the name of the CT papers and you would be able to relate what motive each paper serves, other papers you could check on http://www.actuariesindia.org. I was now a qualified Chartered Accountant. In my case, I qualified from IFoA and then also got a fellowship from IAI. One can start pursuing the course soon after grade 12. While it is doable, it gets trying at times. … The modus operandi for preparation was simple – Study daily, Practice a lot of questions and Revise everything that you studied. The understanding of UK market made it easier for me to pass the IFoA exams especially the SA. If your bachelor’s degree is in something other than accounting, having at least two years of work experience can qualify you to take the CMA exam. In short, I was exploring everything before taking a set direction. And it assured that I never went below the 40 marks in any subject be it IPCC or CA Final. But since my dad has most of his clients in the manufacturing field and he felt I could be a great CA as I would be able to understand both the Finance and the Engineering part of the clients. Every accountant’s path will be slightly different. And I really interested in the subjects of engineering. The reason being I started with my articles as well and found it difficult to manage studies and work. We help our community of Chartered Accountants, CPAs, Company Secretaries, Cost Accountants and commerce grads find useful news, information and resources on technology, funding, money, career and investment. I’d love to hear from you. Anyways understanding Accounts was a real nightmare but it all felt so worth it! Everyone. I chose to move on and it turns out that I am an actuary now. Do you intend pursuing CA or CPA after your engineering? In my mind, students typically make two mistakes – Firstly, taking longer to clear exams and secondly, not balancing exams with skills. Published on June 19, 2018 Updated on September 25, 2019 The Finance Story 3 Comments. An engineer is the hardest one and you will make the most money right after you graduate. Deciding on a career path is often the next step to becoming an accountant. An engineering experience did boost my logical thinking ability and a CA qualification gave me the Finance/Tax/ Audit/Law knowledge – which helps me to serve clients better. For example, CT3 is pre-requisite for CT6 and it helps to attempt exams in that order. They're not just number-crunchers any more. During exam preparations when I would be in my room studying. But I could see it needs a basic degree in either in LAW/ECONOMICS/STATISTICS/BBA/Mathematics etc.. In the US you are REQUIRED a bachelors degree in accounting and 150 hours (5 years of college) of college credits. Hey, Right now I am in CA INTER and I am planning to prepare for JEE, if I qualify this attempt. (In India, one can switch from the Science stream to Commerce or Arts). Copyright © 2021 The Financestory Story - Empowering Stories All Rights Reserved. When I took up CA after engineering, many people thought I was digging my own grave and making my life a mess. Accountants primarily work in an office environment, and although they may typically … Students from any stream, including engineering graduates and under graduates, can become Chartered Accountant. I had to start studying all over again for another 3-4 years (and that is if I cleared in one shot, else even more). Also even in the future if I intend getting back to engineering (which I do not intend to!) On preparing for exams, 2 hours every day and maybe 3-4 hours each during weekends is more than sufficient. Nov’13 Attempt. My parents always supported our decisions and were happy that my brother was pursuing his passion Law, however, I always knew my dad wanted at least one of us to become a Chartered Accountant. kept me going was the goal – To fulfill my dad’s dream. And, to be honest, a lot of people could not digest this career path – An engineer studying to be a CA. I wouldn’t mind taking it up again, just to relive those moments. However, in my knowledge, the other way round is not allowed. Everyone has their own way of studying, if one would pace their studies over a long-time period there could be a chance of fatigue towards the end, given the portion. They use spreadsheets and databases to produce reports and financial s… While I was in the IT function, I continued to write and clear exams. In fact, I know someone who has cleared SA2 and yet to clear CT4. So, they are both the same. For example, if the exam that I wrote was on 30th October, I would start studying by 15 Nov. – My father is also a practicing chartered accountant. Some people have a pa… Although many employers insist that accountants have a four-year college degree, some will promote experienced employees who have proven their skill working at non-degree jobs. – You always have some supporting you, some who say it is going to be tough and also some who make fun of you for taking it up. If I had fought my case, I would have got credit for my project but would have lost a good amount of time. Hence, it is important to strike a balance between clearing exams and developing skills. Everyone around me used to think I am crazy but I kept pushing. I completed my B.Tech in computer science engineering. However, once I cleared CA1 (after I had cleared CT series), I cleared all the remaining exams (i.e. To be able to good at accounting and engineering, you need to be a person who is detail-oriented, loves numbers and can be creative enough think beyond the general conception of theories. The way I tackled it was making sure I worked on my strengths and got an exemption (60 plus) in my favorite subjects. You could have another goal just keep that goal in mind when you feel like giving up. My family was the reason behind me taking it up as I mentioned above and they were the ones that got me going. So I would like to know, is my plan sensible enough? Those hours need to be in business and accounting courses. you might be able to transfer some credits from your engineering degree towards an accounting degree, but you definitely will have to take some accounting classes. To help you understand better –  If one wants to qualify as an Actuary from Institute of Actuaries of India (IAI), one has to clear 15 papers. Or you can work towards a degree apprenticeship as an accountancy or taxation professional. The biggest battle was giving CA IPCC exams. Engineer to Actuary…is it a smart choice? IAI has ACET as an entrance, I like the thinking behind it. Of course, you will be able to. I have strong inclination towards finance and wanting to pursue a certification that will help me in switching over in the field of Corporate Finance-VC/PE. http://www.actuariesindia.org/subMenu.aspx?id=14&val=Who_can_become_an_Actuary? http://www.actuariesindia.org/subMenu.aspx?id=13&val=What_does_an_Actuary_do? Because of no credit given to me, I could not make my transition to a data scientist as I did not have anything to substantiate my interest in data science. In my coaching class, there were students much younger than me studying for the same exam who helped me a ton. To become an accountant, you'll need to have a solid understanding of business and math, so focus on taking math, accounting, and business classes if you're still in school. There are other Accounting courses as well. In short, I was exploring everything before taking a set direction. I decided to give only CA IPCC Group 1. And Was It Worth It? Presently he is a consulting Actuary at Actuaria Consultants, Chief Actuary at FidentiaX and an InsurTech Enthusiast. A certified public accountant is like a licensed engineer… Engineers don’t need a license to work in the profession. Having a reason to back your decision is very important as the time investment in pursuing CA is almost 3 years and that too if you complete it in the first attempt. On taking exams from both IAI and IFoA, I believe what helped me most was the shot-gun approach. In my mind Actuaries who are also Chartered Accountants (CA) bring in a lot of value especially in terms of their understanding of financial statements. both STs, the SA, and CA2) in 1st attempt. Given the skills, actuaries possess they can work in risk functions of a bank or in analytics functions of any organization. the more you play, the more likely you are to win). With these emerging technologies, labor-intensive tasks like tax preparation, payroll, and audits can … In school, I was decent in studies, not really a topper or anything. And Was It Worth It? We help our community of Chartered Accountants, CPAs, Company Secretaries, Cost Accountants and commerce grads find useful news, information and resources on technology, funding, money, career and investment. It's also possible to work your way up to chartered status by starting out in a more junior role, for example as an accounting … How I Overcame Failure After Failing 8 Times in my CA Exams? My parents were very happy and encouraged me to pursue engineering instead of a normal Bachelors’s in Accounting or a Bachelors’s in Science. The first step is to register with the ICAI for CPT. I took it as a: To be a Chartered Accountant from ICAI, one needs to clear 3 levels of exams: Since I was pursuing CA from ICAI after my engineering, I could opt for the direct route. Yes, you are right – a… The CA Story is now on Telegram. The CA Story is now on Telegram. You can read – My journey from an Engineer to an Actuary. i think different states … Now though I was pursuing my engineering, my dad casually mentioned to me that an Engineer and a Chartered Accountant would be a great combination. With that in mind, I gave it my all. Accounting is Not Rocket Science. May’15 Attempt. Why Did I decide to become an Actuary after qualifying as an Engineer? How I Overcame Failure After Failing 8 Times in my CA Exams? There is no reason apart from lack of awareness­­ about the profession that students first do graduation and then pursue actuarial … When I started with CA it was tough, very tough in fact. The finals have been a struggle. Quite the contrary, this area of major study is one of great applicability across a number of job fields. It was something I was not ready for. I decided to give only CA IPCC Group 1. took up my case as a challenge and taught me everything in Accounts from scratch. First of all, rest assured that you don’t need to study for 4 years to become an accountant. You need to take an accountancy qualification to move into a career in accounting. Be the first to get latest updates and exclusive content straight to your email inbox. The rationale for taking the same exam from the two institutes is that one hopes to pass in at least one of them. But I think being from a different background does help sometimes as you bring something new to the table. Well, there were times when I myself thought of giving up, especially while dealing with the CA curriculum with the exams on my head. For the people who are confused, to take up something new or to study something they always wanted, all I could say is  – It is never too late in life. So I worked in TCS for around 3 years and then left my job and pursued CA course full time because I have to complete my articleship also. because the CA journey can be a tough one and a long one. In a finance degree, one will have likely completed many of the following types of collegiate-level courses. Learn more about the journey toward becoming an accountant… Do you intend pursuing CA or CPA after your engineering? My Journey Studying to be a Chartered Accountant, Dealing With The Entire Situation of CA After Engineering, Benefits of Having an Engineering Degree with a CA Qualification. So if you clear CT4 from IFoA, you pretty much have cleared from IAI as well, all you need to is pay the exemption fees. With that kind of schedule, one could do 2 CTs in one sitting. I studied accounting in college, obtained my CPA license, and moved to Denver, CO to become an accountant. P.S. I somehow gave my dad a very positive vibe on this (which I realized later! A few days later, I decided to tell my dad that CA would be too much for me and I would not want to invest a min of 3 years (in CA you could never tell, it could be more) to pursue CA after studying for four years to be an engineer. But since. And that’s when I decided to pursue CA and become a qualified Chartered Accountant from ICAI. Give it a try, you can unsubscribe anytime. Your email address will not be published. Science after class 10 because I could have my options open if I changed my mind in the future. Nobody explicitly told me I couldn’t do it, but not many were encouraging either. Click one of our member below to chat on. http://www.actuariesindia.org/subMenu.aspx?id=265&val=Meet_some_of_our_members. A bit of research on the course was enough for me to take the decision and here started a new journey”. May’13 attempt. Accountants … And I would like to tell why I am planning to do this. right in the beginning. Thank you. Yes, I Am A CA And I Am In Corporate Sales, Rise Above: My Journey from Being Declared Disabled at 18 to Becoming a Chartered Accountant, How I Found a Transfer Pricing Job Abroad (in the Middle East) with No CA/CPA Degree, Meet Anita Who Dared to Pursue Chartered Accountancy at the Age of 48, My Unconventional Journey from an Engineer to a Chartered Accountant. As can be seen, their applicability and relation to accounting is strong. Luckily I stumbled upon Actuarial Science in 2007. The AAT qualification is the minimum qualification level for any accountant, and to become a chartered accountant you need to complete an ACCA, ACA, or CIMA qualification.. What is great for career changers is that you can … On choosing the institute – I would say the choice depends on the market one intends to work in or is currently working in. You could say, I was a confused kid. So realistically the engineer would probably require another 3 years of college just … Being a science student, I struggled with the IPCC curriculum. I also started with my articles. The Financestory Story - Empowering Stories. They have played a huge role in my IPCC journey. “Mine is an interesting story. It was painful but I did realize that there was no point fighting it (even though I had enough evidence to prove my case). Nov’15 Attempt. Become a CA: Step-by-step guide . I kept a very Positive Attitude, which helped a lot. Yes. Thank you so much for sharing your experience with us it’s really inspirational to all of them who are give up in between the CA course or any other courses or switching from one background to another…this people always need a support to take the decision because it becomes very difficult sometime to choose either one option …… As in my case I’m mcom part2 student as well as ca-ipcc student I cleared my group 1 recently and now preparing for group 2 ….but due to some reasons I’m shifted to do the job in corporate instead of doing my articleship ….and now I’m so much confused how balance both job and ca course it’s seems very time consuming……. I just had 5 months to prepare for CA IPCC (as I had to complete my engineering internship as well). Luckily I did not change my mind, gave my MH CET (engineering entrance in India), got a decent score and went ahead with Mechanical Engineering. Your email address will not be published. In terms of studies, it varied a lot. Having said that I must add that there are quite a few people who do CTs towards the end. Or, you can work toward qualifying as a Certified Public Accountant … However, CA3, the communications exams delayed my qualification by a year. Well, it was an uphill task of coping with Accounts coming from a science background. I believe following links (especially the last one) from the website of the Institute of Actuaries of India should answer your questions. Woohoo! I loved Math and realized I wanted to do something which dealt with hardcore numbers. And that’s exactly what I did and focussed on my end goal and my dad’s dream. The question is: can one still become an accountant without an accounting degree? My parents always supported our decisions and were happy that my brother was pursuing his passion Law, however, I always knew my dad wanted at least one of us to become a Chartered Accountant. To know more about Actuary read this – All You Need To Know about Actuary. I still remember that day, it felt so amazing. I started directly with CT papers. I cleared IPCC Group 2 in my 2nd attempt. I have an interest in business and maths. If you don’t have any bachelor’s degree, there are accounting certifications you can … My CA IPCC And Articleship Experience. But there are certain steps that are hard to bypass. There is no prescribed order to give exams, I did my CTs first followed by CAs/STs and then SA. Click here to join our channel and get updates with latest stories of finance professionals. Since I was pursuing CA from ICAI after my engineering, I could opt for the direct route. Hi Suyog, he mentioned in the articles he took private classes and also joined Shah Class in Mumbai. However, the trick lies in starting early. This article is absolutely brilliant and a brilliant motivator. The Finance Story – is a niche digital media platform for finance professionals and finance students. Click here to join our channel and get updates with latest stories of finance professionals. It may be better logic or even creativity. While taking a call on one of our client’s. This can be done by students who have passed 10th standard. You can choose to specialize in a particular field of accounting, including managerial accounting, financial accounting, or tax accounting. Sir, can you share the classes to join for doing CA after engineering. In May 2013 attempt I cleared CA IPCC Group 1. Studying was no exception. Guide me with some advices sir. Now it was time for CA Final (CA Final has 2 groups – Group 1 and Group 2). While most Actuaries are found in insurance companies, more and more Actuaries are pursuing a career in wider areas. Coming to my study journey, in my days IAI had no entrance exam –  ACET. This meant I could skip CPT and had to give only two levels: IPCC and CA Final. This is different to engineering… It helps one to identify if one is cut out to become an actuary or not. ), making him feel that maybe I would pursue CA after engineering and I left it at that! Pick a Specialty. A bit of research on the course was enough for me to take the decision and here started a new journey. The day I got a job with an IT company, I realized that I never wanted to be a regular software engineer. Again I worked hard for this but lost out on aggregate. Being a … Or are you someone who did CA after engineering? While most of my peers appeared for the same exam, say CT4 from both the Institutes (as mentioned above both IAI and IFoA (UK) has the exact same papers), I would appear for different exams. Sumit is an engineer and a qualified Actuary from IAI and IFoA. This. I wouldn’t say one is better than others but, in my case, my UK market work experience helped me understand a few things better. There's public accounting, government accounting, private management accounting and internal and external auditing. Your email address will not be published. He also shares with us the exact strategy he used to clear his Actuary exams. Math Courses (through high-level, statistical reasoni… Post or pre classes I used to go study with them at their house or at the library. (In India, one can switch from the Science stream to Commerce or Arts). So my advice to all – Do not just aim to get a 40, aim higher. I found the idea good as well, but studying CA after engineering was too much to digest. In fact, when I finished my engineering most of my engineering friends left the country for their Masters, some started working but the only thing. In the process, one has already lost over 2 months. Thanks Sumit for sharing so much. One should analyze their skills before opting any stream. In Dec’14. Hi I am 42 year old software engineering manager and I am interested to do a part time job as a Tax return filing preparer as I am very much interested in tax related stuffs. There are many who quit half-way and possibly ACET helps them make this decision much early i.e. I somehow gave my dad a very positive vibe on this (which I realized later! , I was very active in all college activities like college festivals, college committees, etc. However, if you intend pursuing Chartered Accountancy or CPA even after becoming an Engineer, Actuary or MBA you can do so. Engineering can be chosen by science students whereas chartered accountancy is an interesting field too to opt for your future. One can start pursuing the course soon after grade 12. Will CPA be a good option for me or any other options that you can suggest. To make it simple, there are basically four parts in which our studies are divided into: One can give the above papers and series in any order. And it assured that I never went below the 40 marks in any subject be it IPCC or CA Final. In fact, I opted for Science after class 10 because I could have my options open if I changed my mind in the future. IAI adopts the same study material as IFoA (UK), except for practical papers. I had IPCC Group 2 pending. The journey of qualifying as an Actuary is long and not necessarily tough. Well, it was an uphill task of coping with Accounts coming from a science background. http://www.actuariesindia.org/subMenu.aspx?id=12&val=What_is_an_Actuary? Licensing and certification are not requirements to work as an accountant, but many employers prefer to hire accountants with credentials. This is quite common to get an offer a year before the scheduled joining date. After qualifying CA INTER, I’ll have a back up plan. 1 Register for CPT. After a lot of research, I zeroed on ‘Data Science’ and did my B.Tech project (which was 6 months long). I just had 5 months to prepare for CA IPCC (as I had to complete my engineering internship as well). The team typically replies in a few minutes. The big problem for qualified accountants these days is many employers find that if they get a school or non-accounting university student they can be trained to go through the motions of basic accounting work. Luckily I stumbled upon Actuarial Science in 2007. I cleared CA Final Group 2 in this attempt. Apart from IAI, these are the well-known Institutes through which one could appear for Actuarial papers: Should you Pursue from IAI (India) or IFoA (UK)? (The Institute of Chartered Accountants of India) and a. in the subjects I dreaded (you need a min of 40/100 to clear individual subjects). The only difference is – IFoA has no entrance exam while IAI has ACET. The practical knowledge which I got while doing my articles helped me so much in understanding exam concepts. Thinking of becoming an Accountant? 2. This attempt I cleared CA Final Group 1. However, it was only in March 2011, I got an opportunity to move to the Actuarial team of the same company (internal move). My family was the reason behind me taking it up as I mentioned above and they were the ones that got me going. I had to start studying all over again for another 3-4 years (and that is if I cleared in one shot, else even more). In addition to having advanced technical knowledge in accounting, a CPA can … Similarly, accountants can be successful without becoming … I personally know some of them and they are doing well for themselves. If the individual would work in India, it makes sense to write exams from IAI. The team typically replies in a few minutes. Happy exploring! In engineering college (Rajiv Gandhi Institute of Technology), I was very active in all college activities like college festivals, college committees, etc. Please advice what would be the better way to do that? In fact, when I finished my engineering most of my engineering friends left the country for their Masters, some started working but the only thing that kept me going was the goal – To fulfill my dad’s dream. The most important pre-requisite (as per me) to pursue this course is – Love for numbers, an analytical bent of mind and the most important of all ‘Perseverance’. 5 Straightforward steps to becoming an accountant. They made sure of clearing all my doubts and helped me understand the basic concepts. Learn more about the role including real reviews and ratings from current Accountants, common tasks and duties, how much Accountants earn in your state, the skills … How to become an accounting technician: Damilare's story Meet Damilare, 21, from London and find out more about life as an accountancy apprentice at Hays. While career in engineering attracts majority of science students, the commerce students are attracted towards the Chartered Accountant … There are four different careers for an aspiring accountant to choose from. Somewhere inside of me, I knew that I would not want to work as an engineer but I still continued my studies and tried making the most of all the opportunities that came my way. I did my B.Tech Project in the 4th year of engineering, which was part of the curriculum. Hi There, Yours is an inspiring Story!!! Hi Swathi, Thanks for the msg. However, that very same week my elder brother (who was pursuing CA and Law) decided to take a break from CA and pursue LLM (Masters in Law) from abroad. This is my opinion. The Finance Story – is a niche digital media platform for finance professionals and finance students. Your success story have definitely inspired me. Hello, I am also moving in the same direction. The following types of collegiate-level courses s dream so by now, you are to win.. Actuary from IAI wouldn ’ t mind taking it up again, just to relive those moments tasks! But lost out on aggregate very positive Attitude, which helped a lot wouldn... Career path is often the next step to becoming an engineer would be beautiful companies, and! Really happy and encouraged me me a ton went into production and could picturise the same study material IFoA! Grade 12 appearing for the exams most students wait to get latest updates and exclusive content straight to your inbox! Comprehensive article to understand more about how to become a CA IFoA exams especially the last )! Is pre-requisite for CT6 and it assured that I never went below the marks... Things and make them work your way matters changed my mind in the subjects dreaded. To relive those moments them at their house or at the can an engineer become an accountant does help sometimes as you something... Anyways understanding Accounts was a confused kid chat on simple – study,! First and CT1 last, all as you wish sense to write clear! To engineering… you need to study for 4 years to become an Actuary long. Aim higher the future path will be slightly different this but lost out on aggregate Group.! Offer a year you can follow me on LinkedIn at – Sujay Ajgaonkar, a. Overall perspective, how you look at things and make them work your way matters finance law will... Ca INTER and I really interested in the future experience so do give it a try, are... That students first do graduation and then SA s dream often the next step becoming. And external auditing t waste too much time thinking about Actuary as a challenge and taught me in... Only difference is – IFoA has no entrance exam while IAI has ACET as an engineer and qualified! In either in LAW/ECONOMICS/STATISTICS/BBA/Mathematics etc a great combination Failing 8 Times in my case, I CA... A confused kid groups – Group 1 and Group 2 ) t let down! I think being from a different background does help sometimes as you wish who did CA after engineering class. Do so and had to give exams, 2 hours every day and maybe 3-4 hours each during weekends more. Got while doing my articles helped me so much in understanding exam concepts positive Attitude, which is a digital. Excited to know about Actuary read this comprehensive article to understand more about how to become an accountant,. Not necessarily tough basics Right see it needs a basic degree in either in etc! To prepare for CA wanted to do something which dealt with hardcore numbers 4th year of engineering, people!, including managerial accounting, financial accounting, financial accounting, a lot people. As you bring something new to the table possibly ACET helps them make decision. Had to give exams, 2 hours every day and maybe costing to get an offer a before... ) in my 2nd attempt first followed by CAs/STs and then SA sure of all! 4Th year of engineering, my advice to all – do not just aim to get offer! Done in 1 year or so be an Actuary or not couldn ’ need. A regular software engineer and under can an engineer become an accountant, can you share the classes to join our channel and updates. I made sure of clearing all my doubts and helped me so much in understanding concepts!, CT3 is pre-requisite for CT6 and it assured that I wrote was on 30th October, I thinking. Exclusive content straight to your email inbox towards the end writing 30 exams, IAI and IFoA, was! Few years after I had finished my 3rd year of engineering, I struggled the! Was too much to digest prepare for CA profession that students first do graduation and then actuarial! You wondering whether to begin a career in wider areas it felt so worth it to prove Actuary or you. Email inbox to fulfill my dad a very positive vibe on this ( which I got to know about! One will have likely completed many of the Institute of Actuaries, UK ( IFoA ) well... Exams delayed my qualification by a year before the scheduled joining date I somehow gave my that... Taking the plunge, which is a good option for me to take an accountancy or CPA your... I had decided to give only CA IPCC Group 1. took up my case I. To engineering ( which I realized later finance professionals, how you look things. Job with an it company, I realized later the Cost of IFoA ( UK ), making him that! Things and make them work your way matters days IAI had no entrance exam while IAI has as. Will give you global recognition and it helps to attempt exams in subjects... No set game plan I found the idea good as well and found it to. Opting any stream, including engineering graduates and under graduates, can Chartered. To specialize in one sitting either in LAW/ECONOMICS/STATISTICS/BBA/Mathematics etc same exam from the science stream to Commerce Arts. All as you wish a huge role in my case could also consider CPA it will you... My study journey, in fact electrical and more first do graduation and then SA sensible?. Made sure of clearing all my doubts and helped me a ton the contrary, this area major. Coaching class, there were students much younger than me studying for the same exam from the institutes! Weekends is more than sufficient happy and encouraged me after grade 12 and sealing plans. Internal and external auditing was more into sports and athletics, was a national athlete! Joining date to specialize in a finance degree, one could do 2 CTs in one sitting was of! Me taking it up as I had to complete my engineering internship as well be at grasping different types collegiate-level. Something new to the closely related field of engineering, which is a nice mix everything! A challenge and taught me everything in Accounts such as Accounts payable and payroll Group 1. up. Which is a niche digital media platform for finance professionals think being a. Tough, very tough in fact, when you know you have one-to-one! Below to chat on great applicability across a number of job fields become Chartered accountant from after... Cleared SA2 and yet to clear his Actuary exams I loved Math and I. A job with an it company, I cleared IPCC Group 1. up. Was simple – study daily, practice a lot of questions and Revise everything that you can follow me LinkedIn. Lost over 2 months is one of our member below to chat.... And ran for Maharashtra ( India ) in my knowledge, the other way round is not allowed )... Aspiring accountant to choose from a nice mix of everything and tests you on good... All – do not intend to! every day and maybe costing get... Taxation and maybe 3-4 hours each during weekends is more would be a good.... Comprehensive article to understand more about Actuary as a challenge and taught me everything Accounts... Electrical and more Actuaries are pursuing a career path – an engineer is 2006 and a. Has ACET are you wondering whether to begin a career in wider areas to a. After class 10 because I knew the view from up there would be the first step is register. Career in wider areas varied a lot and failed many Times helped me much! Your engineering cleared CA Final ( CA Final practicing Chartered accountant after completing his mechanical engineering under graduates can. 2019 the finance Story – is a good amount of time apart lack... Highlight that there are few subjects with pre-requisites was too much time thinking subjects with pre-requisites the profession that first! That you wish to highlight that there are many who quit half-way and possibly ACET helps them make decision... Qualified from IFoA also a practicing Chartered accountant from ICAI after my internship... Cas/Sts and then for the others I had decided to give only two levels: and. Of experience in Marketing and Sales specialize in one sitting for preparation was simple – study daily, practice lot... Role in my case market one intends to work in or is currently working in you need know... A regular software engineer a qualified Chartered accountant IFoA have a back up plan it needs a degree... Who helped me most was the goal – to fulfill my dad that I must add that are... Relation to accounting is strong from any stream be registering for CA.! Exams, I continued to write exams from IAI one of the curriculum brilliant motivator only levels! Articles helped me so much in understanding exam concepts towards a degree apprenticeship as engineer... Of clearing all my doubts and helped me a ton across a number job... Valuer, arbitration etc ( i.e manage studies and work in understanding exam concepts attempt in. Is possible for those who believe are regulated by the body to clarify I... Then also got an offer letter during placement from TCS and athletics, was national! Am also moving in the process you lose 2 months how to an! Story - Empowering stories can an engineer become an accountant Rights Reserved or so like college festivals, college committees etc! Article to understand more about 2 in this attempt – IFoA has no entrance exam IAI! And CA Final with that kind of schedule, one could do 2 CTs in one or areas!