Interested in becoming a Chartered Accountant? What is CA in Pakistan? This article will explore what Chartered Accountant (CA) means and what are possible job opportunities for a Chartered Accountant.
Stepping into the field of Chartered Accountant would never disappoint you. In Pakistan, CA holds a wide scope. Each year, hundreds of students apply for this career and many of them successfully complete their CA. Well, for many of us CA is not a piece of cake. These people are probably right. It’s not easy to complete CA as it requires time as well as skills to pass all the papers with good grades.
People usually have the following questions in their minds,
- Who can do CA?
- How much does it cost?
- What Job opportunities are available for CA?
- Which cities are providing the opportunity to do CA?
- What is the duration of CA in Pakistan?
What is CA in Pakistan
To answer all these questions, we first need to know what the Chartered Accountant actually is. Chartered Accountant offers a bright future to its devotees. The Institute of Chartered Accountant of Pakistan (ICAP) is behind CA in Pakistan. ICAP is regularly conducted CA examinations all over the country.
Another benefit that a Chartered Accountant enjoys is that CA is an internationally acclaimed post. A person who has a CA degree can apply for a job in other countries as well.
Who can do CA?
Any student who has completed its intermediate while scoring 50% or above marks can apply for CA in Pakistan. Moreover, students who have passed 2 papers of A level are also eligible for CA.
In Pakistan, how much does the CA cost?
In Pakistan, CA will cost you in 2 different forms. Any student who aspires to do CA should submit the examination fee to the ICAP. After that, he has to pay the tuition fee of the institute from where he desires to do CA. In the first two years of studies, students pay an average of 2.5 lac which means ten thousand per month.
Note: Fee structure varies from institute to institute.
ICAP provides scholarships to the students who perform well and possess exceptional skills in their filed.
Which cities are providing the opportunity to do CA in Pakistan?
Famous cities that are offering CA to the students are Lahore, Karachi, Hyderabad, Multan, Peshawar, Islamabad, Quetta, Abbottabad, Faisalabad, Gujranwala, and Rawalpindi.
Islamabad has 3 colleges that are,
- National College of Business and Management Sciences
- School of Business and Management
- SKANS School of Accountancy
Lahore has 5 colleges that are,
- CFE College of Accounting and Finance
- College of accountancy and professional studies ( CAPS)
- Professionals’ Academy of Commerce (PAC)
- RISE school of accountancy (RISE)
Karachi has 8 colleges that are,
- KnS School of Business Studies
- ASA Abeel’s School of Accounts
- College of Business Professionals CBP
- Tabani’s School of Accountancy TSA
- ARTT Business School
- College of Management Sciences CBP
- ESCRIBIR College of Advance Studies
What kind of job opportunities are offered in CA?
Any student who has completed his or her CA can enjoy job opportunities in both the public and private sectors.
What is the duration of CA in Pakistan?
If you step in CA after completing intermediate then you will first have to pass 13 papers that will take 2 years on an average level. Then for the training purpose, you have to join an audit firm where you seek training for 5-6 years.