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    "It’s not as difficult as made out to be,” says Yagya Lalit Chandak, CA Inter Topper - AIR 2

    "It’s not as difficult as made out to be,” says Yagya Lalit Chandak, CA Inter Topper - AIR 2

    #CA Intermediate Exam
    Sumeet SudarshanUpdated on 12 Jul 2024, 12:39 PM IST

    Yagya Lalit Chandak from Bhayander, Mumbai has secured the second rank in the recently concluded CA Inter May 2024 exam. Coming from a middle-class family, he believes in the importance of hard work which is bound to bring success. Careers360 spoke to Yagya about his recent success. Read the full interview here.

    Yagya Lalit Chandak, CA Inter Topper - AIR 2

    1. Congratulations on securing a top rank in the CA Inter exam. Were you expecting this rank?

    Thank you so much. Well, after taking the exams I was sure that I would pass and score decent marks but I did not expect that I would secure the second rank in the whole of India. Securing rank was a cherry on the cake for me so I am really happy and enjoying the moment.

    2. Can you tell us briefly about your background; about your education and family?

    I come from a middle-class Marwari family. I did my schooling from Bhayander and did my 12th from H.R. College, Mumbai. I am currently pursuing B.Com from H.R. College. We are a family of four. My father is a salesman at a jewellery shop in Bhayander. My mother is a homemaker and my brother is currently pursuing CA Final, along with his articleship at Singhi and Co.

    3. What made you decide to go for Chartered Accountancy?

    Right from childhood, I have seen qualified Chartered Accountants in my extended family and I have seen the respect they get because of being a CA. So I decided to go for Chartered Accountancy which would bring me a reputation as well as bring me pecuniary benefits.

    4. What was your preparation strategy for the exam?

    I focused on conceptual clarity and revising as many times as possible. In the last three and a half months, I did my first revision in approximately 50 days and then ticked all the questions that I had to revise for the next revision. Then I did my second revision and attempted mock test as well. After that, I did my final revision in April giving 2.5 days for each subject. So the strategy was simple, I needed to cover the entire course and not leave anything out to be able to aim for a rank.

    5. Was there any daily study timetable that you followed during your preparation?

    I used to study three subjects a day and the daily effective output used to be of 8 to 10 hours. I had a simple plan to complete each subject within a particular stipulated day and then put all my energy into it.

    6. How did you cope with exam stress and pressure that CA aspirants usually go through during their preparation?

    Whenever I used to feel stressed out or low, sometimes I talked to my mother and brother about it. They always used to console me that it was quite normal to feel this way. Whenever I used to feel low, I always imagined my parents in my mind which motivated me a lot.

    7. What is your opinion about the new ICAI scheme of education and training? Did you feel any difference in the CA Inter exam under the new scheme as compared to the old scheme?

    I feel the new ICAI scheme is very much favorable for the students as the number of papers has been reduced. Pressure on students also becomes a bit light. In my opinion, the new scheme has become more favorable for the students and the course has also become more doable as compared to the old scheme.

    8. Where do you plan to do your practical training?

    I have not thought about it much but I am planning to apply in Big 4’s for practical training to get the best experience and corporate exposure.

    9. Can you tell us about your future career plans?

    I have a keen interest in Finance, Private Equity, and Investment Banking. So I am also planning to do CFA in the future and hope to make a career in this vast field.

    10. What are your favorite pastimes? Any hobbies?

    I am a binge-watcher. So I like to watch movies, web shows, and series.

    11. What message would you like to give to CA aspirants preparing for their exams?

    I would just say that this course is not as difficult as it is made out to be by the social media hype. If we study daily and do parallel revisions, nobody can stop us from passing and coming out with flying colors. I always believe in the philosophy that HARD WORK IS THE ONLY SMART WORK. We all must work hard and success is bound and destined to be ours.
    You may also check - CA Inter Toppers List

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