The Institute of Chartered Accountants of India (ICAI) provides the three-level CA program, comprising Foundation, Intermediate, and Final courses.
The career path for becoming a CA is quite challenging, and it is not easy to clear CA.
Here are some alternate options for those who didn't clear CA.
Go for other professional courses in finance and accounting
CA is considered one of the most difficult programs; clearing various CA stages qualifying in the Final exam is very tough. The CA program's average passing percentage is very less.
Those who didn't clear CA can go for other professional accounting/finance-related courses, including Cost & Management Accountancy (CMA), Chartered Financial Analysis (CFA), ACCA (Association of Chartered Certified Accountants) program, and Company Secretaryship (CS).
One can also opt for MBA or pursue law
Those who have not been able to clear the CA program can also opt for Master of Business Administration (MBA) in Finance or any other field of their choice.
Alternatively, they can also pursue law and go for LLB (Bachelor of Laws) program and then choose a specialization course in the Corporate Law, if they are interested to work in the corporate sector.
Prepare for UPSC CSE or other government job exams
They can also appear for other competitive government job exams, like State PSC exams, SSC CGL, banking exams, teaching (TET), etc.
Otherwise, one can also join a job in the private sector.
#4: Can opt for higher studies as per their interests
Candidates who haven't been able to clear CA can also opt to pursue higher studies as per their career interests or passion. They should first identify which profession they want to get into and then choose a course perfect for them in a good college.