Education and Career Forum

how much budget is required for done ca through the college of studying and with hostel?

HI...
IF you want to do the CA so will do hard work in your study... it cost is 5-10 lacs with hostel....
good luck..

Originally Posted by unregistered

how much budget is required for done ca through the college of studying and with hostel?

your whole package of ca would cost you around 6-8 lacs because while pursuing ca, you may pursue evening college for graduation and by taking up all the hostel facilities.

I WANT TO DO ca...........now,i m in 12th class,after this year what are the formalities for doing CA???????????????????????????????????????????????? ????????????

Lets talk about quantitative first -

Roughly a CA costs -

Exam fees + GMCS + ITT - Roughly Rs. 50,000
Tuition fees - CPT ( Rs. 20,000) + IPCC ( Rs. 45000) + Final CA ( Rs. 60000) - Roughly Rs. 125,000
Reference Books + Material - Rs. 10,000 (Max)
TOTAL COST - Rs. 185,000

Earnings from articleship - (Assumption - AVERAGE earnings. Can be much higher if you are from BIG 4 or upper end mid-size firms)

1st year stipend on average - Rs. 3,500 per month - Rs. 42,000
2nd year stipend on average - Rs. 4,000 per month - Rs. 48,000
3rd year stipend on average - Rs. 4,500 per month - Rs. 54,000
Bonus of 3 years - Rs. 10,000 p.a. - Rs. 30,000
TOTAL EARNINGS - Rs. 174,000

NET COST - Rs. 11,000