Chartered Accountancy Course Fees Structure in India

CHARTERED-ACCOUNTANT-FEE-STRUCTURE

If you are appearing for your 12th std examination this year then you might have started looking for the professional courses that suit your interest and pocket. So, Our today's blog will be focussed on CA Course fees in India. 

I recently read this line by Sir Claus Moser that, Education cost Money, But then so does Ignorance, which was meaningful to me. I actually believe that spending money on your education is not the  expenditure but investing in your future.”A well-researched Investment”.

CA is a professional course which specializes in financial and economic understanding and management. Several students aspire to become CA in India because of the goodwill and remuneration received by this fancy profession.

CA is 4 .5 years course and is completed through 4 different levels.

🛡Foundation

🛡Intermediate

🛡Articleship

🛡Finals

CA course is quite an economical course as compared with another course of the same stream.

Here are approximate cost of some of the competitive courses after 12th std.which can be insightful in making the decision regarding your post-graduation plans.

CA Course Fees and Other Fees Comparison

CoursesApproximate cost
MBBSMore than 5 lakhs
BTECHMore than 3 lakhs
ACCAAround 3 lakhs
MBAMore than 2 lakhs
CAAround 1 lakh
Fashion Designing CourseAround 1 lakh
ICWA/CMALest than 1 lakh
CSLess than 1 lakh

Total fees need to be paid during the CA  course: The overall fees paid during the CA course sums up in between to  Rs90,000 to Rs1,00000 only if you clear all your exams in the first attempt

The registration fees and examination fees are different for all levels.

The registration fees for Foundation ,Intermediate(single/Both group) and Final are Rs9000,Rs11000/15000,Rs22000  respectively.The students from abroad can also register for the course after paying the fees.

Table showing registration fees for all levels of Ca course :

ParticularFoundationIntermediate  single groupIntermediate Both groupFinals
Registration FeesRs9000110001500022000
Registration Fees overseasUs$700Us$600Us$1000Us$1000

The  Exams fees or Examination Fees is different from registration fees. The examination fee is paid to enrol to sit in the exam.The examination fees for Foundation ,Intermediate(single/Both group) and Final are Rs1500,Rs1500/2700,Rs3300  respectively.

ParticularFoundationIntermediate  single groupIntermediate Both groupFinals both groups
Examination fees1500150027003300

Along with registration fees, there are few other fees that need to be paid at different intervals.

Some of the other fees are

Journal membership fees ICAI provides updated magazine to its student throughout the course. Amount of Rs 200 is paid ad journal fees during the time of registration made for the first time. After that Icai provides these magazines free of cost. This fee is optional to students.

Revalidation Fees Revalidation Fees or Foundation, Intermediate(single/Both group) and Final are Rs500, The registration can be validated again by paying this fees along with registration form respectively.

The fee for changing from old to the new course( Conversion Fees): From June 2017 ICAI has introduced new syllabus and has seized the registration under old syllabus, If Any student who has a valid registration but want to change it to their new course, they pay Rs 500 as conversion fees.

Practical Training  Fees: CA students have to undergo practical training scheduled by ICAI for proper and complete exposure of the syllabus.The training schedule cost around 15000 at Intermediate and Final level.

Articleship Fees: The  3-year compulsory training programme  Articleship of CA course is registered after paying fees of Rs 2000.

Form Fees: The online form to register for levels is for Rs 200webinars.

The total Fee structure of CA course prescribed by ICAI  is around RS 80,000 but the gravity of this course is such that student usually registers in coaching centers for personalized and advanced studies.ICAI also hot webcast and podcast, webinars and also despatches study material to the registered student, but still as CA being the toughest exam to crack, students prefer to take coaching from the India best coaching institute.

One such Institute of Jaipur  MCC provides the CA coaching for rs 1 lakh for both Foundation and Intermediate level. They also provide personalized coaching for particular subjects of Final papers.

I also want to mention that while doing Articleship for 3 years, you receive a stipend which is around 2500 per month as prescribed by ICAI. However, if you choose good and reputed CA firm or Financial Institution as your Principal, you might receive RS 10000 per month as your stipend.

If I account this in my analysis on Fees structure of CA, then the Fees paid for the Ca course ( it might sound bit flashy) but you do it for free of cost.

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