Good news for CA aspirants: CA, CS, ICWA qualifications equivalent to PG degree, says UGC

Good news for CA aspirants: CA, CS, ICWA qualifications equivalent to PG degree, says UGC

PTIUpdated: Tuesday, March 16, 2021, 11:17 AM IST
article-image
Good news for CA aspirants: CA, CS, ICWA qualifications equivalent to PG degree, says UGC | File Photo

Candidates 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, according to the University Grants Commission (UGC).

"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 post-graduation degrees," the UGC said in official order.

"To consider this, a committee was constituted by the UGC. The commission considered a recommendation of the expert committee and resolved that CA, CS and ICWA qualification be considered equivalent to PG degrees," it added.

Welcoming the move, the ICAI tweeted, "the University Grants Commission @ugc_india has resolved that CA Qualification will be treated equivalent to PG Degree based on requests submitted from @theicai. This will not only help CAs for pursuing higher studies but will also facilitate the mobility of Indian CAs globally".

The ICSI said the move will leverage the profession across the globe.

"This recognition will leverage the company secretary profession across the globe, giving the members of the institute an opportunity to pursue PhD in Commerce and Allied Disciplines," it said in a release.

RECENT STORIES

India's Banking Scandal: ₹1.1 Lakh Crore Fraud, Less Than 5% Recovered - A Silent Hemorrhage On...

India's Banking Scandal: ₹1.1 Lakh Crore Fraud, Less Than 5% Recovered - A Silent Hemorrhage On...

Assam News: Main Accused Arrested For Dumping Cow Meat Outside Hanuman Temple In Dhubri

Assam News: Main Accused Arrested For Dumping Cow Meat Outside Hanuman Temple In Dhubri

'AAP To Contest All 243 Seats In Bihar Assembly Polls,' Says Sanjay Singh (VIDEO)

'AAP To Contest All 243 Seats In Bihar Assembly Polls,' Says Sanjay Singh (VIDEO)

Bihar CM Nitish Kumar Disburses First Installment Of ₹1,100 Monthly Pension To One Crore...

Bihar CM Nitish Kumar Disburses First Installment Of ₹1,100 Monthly Pension To One Crore...

Punjab Assembly Special Session Day II: CM Bhagwant Mann Defends Diljit Dojanjh’s Film 'Sardaar Ji...

Punjab Assembly Special Session Day II: CM Bhagwant Mann Defends Diljit Dojanjh’s Film 'Sardaar Ji...