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How will pursing mcom will help us in doing CA
TO KNOW IS THERE ANY EXEMPTION AFTER DOING MCOM #auditing #auditor
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Anusha’s Answer
Hi. There are no exemptions for CA by doing M.com. A mere basic commerce degree with 55% marks or other graduate degree with 60% marks will provide you exemption from the first entrance exam (CPT). You can gain direct entry into IPCC exam after the basic graduation with the required marks.
If you do not meet the 55% or 60% criteria in graduation, then you can enroll for CPT exam than doing M.Com.
Hi Chethan! Doing M.Com will not help your studies for CA. I am a CA - and while doing my B.Com - my studies helped me for certain subjects for B.Com - but usually the course for CA requires more hours and detailed studies.
radhika vij
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Omar’s Answer
Keeping all the points (that are discussed in this article) in mind, it would be safe to say that B.Com degree has its own benefits in the CA course. Getting a bachelor’s degree opens up a number of job opportunities. Also, due to B.Com being a subset of CA, you will not have to put in double efforts into similar topics. Instead, you can use that time to focus on other topics included in CA.
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Aditi’s Answer
Hi Chethan,
Pursuing MCom does necessarily help with CA. I would recommend getting the MCom if you have plans of studying/moving abroad as it will help you with the following (based on my experience in US and Canada)
1. Your BCom degree amounts to only 15 years of education (since the BCom degree is a three-year course). Sometimes, master's programs in foreign countries require 16 years of completed education to be eligible to apply. Any years in the CA program are not considered in the calculation of 16 years since it is a remote study program. Here, your MCom degree can help bridge the gap.
2. Your CA degree is not considered as a "Masters" degree in US and Canada while an MCom degree is.
So depending on what plans you have for the future, it may be beneficial to complete MCom.
Pursuing MCom does necessarily help with CA. I would recommend getting the MCom if you have plans of studying/moving abroad as it will help you with the following (based on my experience in US and Canada)
1. Your BCom degree amounts to only 15 years of education (since the BCom degree is a three-year course). Sometimes, master's programs in foreign countries require 16 years of completed education to be eligible to apply. Any years in the CA program are not considered in the calculation of 16 years since it is a remote study program. Here, your MCom degree can help bridge the gap.
2. Your CA degree is not considered as a "Masters" degree in US and Canada while an MCom degree is.
So depending on what plans you have for the future, it may be beneficial to complete MCom.
Updated
Riham’s Answer
There are no exemptions for CA by doing Masscom.