Go Back   2022-2023 StudyChaCha > StudyChaCha Discussion Forum > General Topics

Old May 17th, 2014, 06:00 PM
Sashwat's Avatar
Super Moderator
Join Date: Jun 2011
Default Re: CA Equivalent to Masters Degree

No, CA is not equivalent to a master’s degree

Educational Qualification for CA:

Pass in Senior Secondary Examination (10+2) or equivalent recognized examination. There is no restriction with regard to the marks secured in Senior Secondary Examination or subjects studied.
Graduates who have secured less than specified marks:-

Commerce graduates with Accountancy, Auditing and Mercantile Law or Commercial Law as full examination paper. For this purpose “full examination paper” means a paper carrying not less than 50 marks.

Non-commerce graduates with Mathematics as one of the subjects and with less than 60% of the total marks.

Non-commerce Graduates with subjects other than Mathematics and with less than 55% of the total marks

Master’s Degree Eligibility

The basic eligibility criterion for pursuing Master’s degree is graduation from any of the recognized university / college of the country.

Some of the very reputed universities and institutes demand a minimum of 50% marks in graduation as qualifying criteria to secure admission in this course and also conduct entrance examination to get admission to their Master’s degree course.

Selection to the degree course in these colleges is based on marks secured in the final merit i.e. total marks aggregated in the final exams of graduation.
Answered By StudyChaCha Member
Reply With Quote
Old December 18th, 2014, 03:23 PM
Super Moderator
Join Date: Nov 2011
Default Re: CA Equivalent to Masters Degree

As you want to know that CA is Equivalent to Masters Degree or not so CA is not Equivalent to Masters Degree.

A candidate can do CA after completing 12th class.

For becoming a CA candidate will have to complete 3 stages.

1. CPT
3. Final

Here I am giving you syllabus of CPT:

SESSION - I Section A: Fundamentals of Accounting (60 Marks)
Objective: To develop conceptual understanding of the fundamentals of financial accounting system.
1. Theoretical Framework
(i) Meaning and Scope of accounting
(ii) Accounting Concepts, Principles and Conventions
(iii) Accounting Standards - concepts, objectives, benefits
(iv) Accounting Policies
(v) Accounting as a measurement discipline - valuation principles, accounting estimates
2. Accounting Process
Books of Accounts leading to the preparation of Trial Balance, Capital and revenue expenditures,
Capital and revenue receipts, Contingent assets and contingent liabilities, Fundamental errors
including rectifications thereof.
3. Bank Reconciliation Statement
4. Inventories
Basis of inventory valuation and record-keeping.
5. Depreciation accounting
Methods, computation and accounting treatment of depreciation, Change in depreciation
6. Preparation of Final Accounts for Sole Proprietors
7. Accounting for Special Transactions
(a) Consignments
(b) Joint Ventures
(c) Bills of exchange and promissory notes
(d) Sale of goods on approval or return basis.
8. Partnership Accounts
Final accounts of partnership firms - Basic concepts of admission, retirement and death of a partner including treatment of goodwill.
9. Introduction to Company Accounts
Issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares, redemption of
preference shares.

SESSION - I Section B: Mercantile Laws (40 Marks)
Objective: To test the general comprehension of elements of mercantile law
1. The Indian Contract Act, 1872: An overview of Sections 1 to 75 covering the general nature of
contract, consideration, other essential elements of a valid contract, performance of contract and
breach of contract.
2. The Sale of Goods Act, 1930: Formation of the contract of sale - Conditions and Warranties -
Transfer of ownership and delivery of goods - Unpaid seller and his rights.
3. The India Partnership Act, 1932: General Nature of Partnership - Rights and duties of partners - Registration and dissolution of a firm.

SESSION - II Section C: General Economics (50 Marks)
Objective: To ensure basic understanding of economic systems, economic behaviour of individuals and
1. Micro Economics
(i) Introduction to Micro Economics
(ii) Definition, scope and nature of Economics
(iii) Methods of economic study
(iv) Central problems of an economy and Production possibilities curve.
2. Theory of Demand and Supply
(i) Meaning and determinants of demand, Law of demand and Elasticity of demand ? Price, income and
cross elasticity
(ii) Theory of consumer 's behaviour - Marshallian approach and Indifference curve approach
(iii) Meaning and determinants of supply, Law of supply and Elasticity of supply.
3. Theory of Production and Cost
(i) Meaning and Factors of production
(ii) Laws of Production - The Law of variable proportions and Laws of returns to scale
(iii) Concepts of Costs ? Short-run and long-run costs, Average and marginal costs, Total, fixed and variable costs.
4. Price Determination in Different Markets
(i) Various forms of markets - Perfect Competition, Monopoly, Monopolistic Competition and Oligopoly
(ii) Price determination in these markets.
(iii) Indian Economic Development
5. Indian Economy - A Profile
(i) Nature of the Indian Economy
(ii) Role of different sectors - Agriculture, Industry and Services in the development of the Indian
economy, their problems and growth
(iii) National Income of India - Concepts of national income, Different methods of measuring national income, Growth of national income and per capita income in various plans.
(iv) Basic understanding of tax system of India - Direct and Indirect Taxation
6. Select Aspects of Indian Economy
(i) Population - Its size, rate of growth and its implication for growth
(ii) Poverty - Absolute and relative poverty and main programs for poverty alleviation
(iii) Unemployment - Types, causes and incidence of unemployment
(iv) Infrastructure ? Energy, Transportation, Communication, Health and Education
(v) Inflation
(vi) Budget and Fiscal deficits
(vii) Balance of payments
(viii) External debts.
7. Economic Reforms in India
(i) Features of economic reforms since 1991
(ii) Liberalisation, Privatisation and Disinvestment
(iii) Globalisation.
8. Money and Banking
(i) Money - Meaning and functions
(ii) Commercial Banks - Role and functions
(iii) Reserve Bank of India - Role and functions, Monetary policy.

SESSION - II Section D: Quantitative Aptitude (50 Marks)

Objective: To test the grasp of elementary concepts in Mathematics and Statistics and application of the same as useful quantitative tools.
1. Ratio and proportion, Indices, Logarithms
2. Equations Linear - simultaneous linear equations up to three variables, quadratic and cubic equations in one variable, equations of a straight line, intersection of straight lines, graphical solution to linear equations.
3. Inequalities Graphs of inequalities in two variables ? common region.
4. Simple and Compound Interest including annuity ? Applications
5. Basic concepts of Permutations and Combinations
6. Sequence and Series - Arithmetic and geometric progressions
7. Sets, Functions and Relations
8. Limits and Continuity ? Intuitive Approach5
9. Basic concepts of Differential and Integral Calculus (excluding trigonometric functions)
10. Statistical description of data
(i) Textual, Tabular & Diagrammatic representation of data.
(ii) Frequency Distribution.
(iii) Graphical representation of frequency distribution - Histogram, Frequency Polygon, Ogive
11. Measures of Central Tendency and Dispersion
Arithmetic Mean, Median - Partition Values, Mode, Geometric Mean and Harmonic, Mean, Standard deviation, Quartile deviation
12. Correlation and Regression
13. Probability and Expected Value by Mathematical Expectation
14. Theoretical Distributions Binomial, Poisson and Normal.
15. Sampling Theory Basic Principles of sampling theory, Comparison between sample survey and complete enumeration, Errors in sample survey, Some important terms associated with sampling, Types of sampling, Theory of estimation, Determination of sample size.
16. Index Numbers
Answered By StudyChaCha Member
Reply With Quote

Reply to this Question / Ask Another Question
Your Username: Click here to log in


All times are GMT +6. The time now is 06:46 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2023, vBulletin Solutions Inc.
Search Engine Friendly URLs by vBSEO 3.6.0 PL2

1 2 3 4 5 6 7 8