Why students quite CA Course | 8 Common Genuine Reasons | Chartered Accountancy Course
Introduction
Chartered Accountant is one of the most challenging exams in India, where its level is increasing day by day. A chartered accountant comprises three courses, namely CA Foundation, CA Inter, and CA Final, in which the level of these courses is also increasing. The profession of CA gains high respect in society and in the business environment, where everyone wants to look upon it. There is no shortcut to clear the CA exam, but the only thing that works is hard work to crack the CA exams.
The students with a sharp mind and who have intelligence in academic sources are the ones who will appear in the CA exams. However, when these students get negative feedback, they will get demotivated and depressed, disappointed, and also lose hope for the next attempt. The Chartered Accountant course is a patience level game; even the academically strong candidate has to take patience and require continuous hard work, but students lose hope and quit this course.
8 Reasons Why Students Quit CA
- Planning- There are a lot of students who quit CA due to a lack of proper planning. Many people thought it was a good profession, and we must do it, but when they enter it, they find it boring. Those candidates who have a keen interest and can do hard work, such as sitting and reading books, should adopt CA; otherwise, they feel depressed in this course. After passing 12th class, students also do not know what to and where to move ahead because he/she never explored the market and took that decision which everyone is taking. Proper guidance is required for choosing a career.
- Study Material- In the market, there are a lot of CA coaching institutes that teach very well. Most of the professors are CAs who help the students to teach the concepts practically. Some of them are experienced professors, and one should learn from them about career and life. But many students ignore the study material and do not read it. Most of the content of exams is from study material, due to which students fail to clear the exams and feel demotivated and quit CA. RTP MTP should all be read thoroughly. ICAI sets the examination from their study material, and one should not miss it.
- Exams Multiple Groups- ICAI conducts its examination twice a year and also in multiple groups. Each Group has four exams, and a total of 2 groups in the Final Examination and two groups in the Inter Examination. Students thought to give both groups a clear idea in one shot. A lot of hard work is needed, and planning is required to clear both groups. Most important mental peace will be disturbed for doing both groups. Every student has to see their own caliber and decide after careful evaluation whether to go for both groups or one group. There is no Difference if the Student clears groups one by one. It is better to give one group and clear the exams rather than appear in both groups and fail the exams.
- Multiple Attempts – As stated above, if a student opts for both groups and fails in the examination, they may feel demotivated and, in the future, can go for multiple attempts. It gets frustrating to read books again and again, but if a student has the caliber and feels confident to clear both groups, then definitely go for it. Nothing is better than to clear both groups in one shot. But after carefully analyzing all the content, only then do students take a chance, so that they do not get depressed for multiple attempts and never think of quitting CA.
- Wrong Advice- Students get fake or random advice from relatives, friends, neighbors that we should do CA. Wrong advice can lead to quitting CA. If a student is hardworking but can not read books for 10 hours, he/she should not go for CA, but rather take other streams or another course. People gave wrong advice, and students start from curiosity, and when they reach the final, they get to know that this is not their interest, and the result is quitting CA, so it is said to take advice from a CA only. A good and understanding CA will carefully evaluate and advise students.
- Articleship Experience- Some students have a really bad articleship experience. Some students find it difficult to manage studies along with articleship. Some students have to work a lot and will get paid in pennies, which they feel is not good, but exposure is also necessary for students to see how work flows in the industry. Only focusing on articleship is also not good because they will not clear exams, and after that, they quit the CA. Students have to keep a balance between articleship and studies so that they feel motivated about the profession.
- Wrong Decisions- Some students realize that CA is not their cup of tea. They enter due to family pressure or some other reasons, but when they do articleship or study the content, they think that CA is not their cup of tea. For e.g., Rahul Dravid had done wonders in cricket, but he is a CA dropout. He realized that CA is not his cup of tea and made a career in cricket. Many more people realize later that they do not want to do CA or want to switch their career.
- Distractions – In today world, there are a lot of distractions like mobile phones, Netflix, gf/bf, family gatherings, movies, parties, etc. Students have to avoid these distractions. CA needs a lot of hard work; these distractions will keep you away from books. Students will not read books all day; one can go for these things, but in a balanced way. When a student gets a holiday from articleship for exams, then the student has to avoid all these distractions completely for a few months and concentrate on exams. Avoiding phones and Netflix for a few months can make your life. A student can take it as an opportunity and clear it all in one shot; otherwise, a student can get into trouble.
Conclusion
Being a CA is not an easy task. There is no doubt that it takes a lot of hard work, patience, and dedication to achieve it. Only intelligence will not help in clearing CA. If a student is academically intelligent, they can choose for CA, but it is not certain that he/she can clear CA. For clearing CA, one should work hard, study long hours, and be patient.
There are many cases where intelligent people are not able to clear CA, and those who have average abilities have done it. In order to succeed in life, one should have patience, do hard work that only CA will teach us, not intelligence. A student, after clearing the 12th examination, should take advice from a CA if they want to go for the CA course. In between, if you do not want to do CA or you find it not to your interest, you can quit and choose as per your interest, as simple as that, do not make it complicated. One more thing after clearing CA, one should not go for a job or practice; you can do what you like. One can become a writer, dancer, actor, or businessman according to one interests.
CA gives you respect in every field and a sense of security, also. This is also the reason many students quit CA because they do not want to do a job or practice. After CA, you can do any wonders in which you have an interest. For example, BOAT company founder Aman Gupta is a CA. He always wants to do business, and he has done it. Arshin Mehta is a TV ad actor. She wants to be an actor, so she chose CA, and CA helps her a lot in this field. Shekhar Kapoor, an Indian Filmmaker, is also a CA and many more. Students must be patient, do hard work with full dedication, and complete the course. Avoiding distractions for some months is highly recommended.
Do not quit CA if students find the course interesting due to multiple attempts, and have patience because CA will teach major aspects so as to succeed in life. Once Ratan Tata Sir had said – I need an MBA to run my business, but I need CAs to teach them to run the business. So, understand this quote and never quit the course if you find it interesting.
FAQs
1. Is the CA course really that tough, or do students drop out due to poor study techniques?
Many students drop out because they utilize an unorganized or antiquated study strategy rather than because the subject is unachievable. The journey becomes a lot more doable with the correct approach, consistency, and direction.
2. Many students quit CA after attempting multiple times. How do I handle my Failure?
Attempting exams many times can demotivate and disappoint students; rather than feeling disappointed, you can learn from your mistakes, practice mock test papers, and past years question papers. Try to analyse your weak areas instead of repeating the same approach every attempt.
3. Is the pressure of articleship the reason for leaving the CA course for the students?
For many students, it can be the reason for quitting the CA because balancing and the toughest studies can make students compelled to drop the course. However, if a student chooses the right firm like catestseries.org, follows the schedule in the right way, and discusses with seniors, then it will be easy for students to manage any difficult course and also help them to grow professionally.
4. Can some students leave CA Journey because of financial issues?
This cause occurs in the case of articleship, where the payment is low, but most of the students opt for part-time work, online freelancing, or coaching scholarships to continue the course without dropping out.
5. Some students drained mentally during the preparation of the CA Is it normal, and how do I cope with it?
These days, mental stress is common among almost every student, as the journey of becoming a CA is quite long and intense. Students can manage the exam stress by taking short breaks, keeping themselves hydrated all the time, taking guidance from mentors, joining supporting groups, practicing mindfulness, and keeping their "why" strong.
Source: The information mentioned above is collected from the official ICAI website by our content strategist experts.