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CA Intermediate Topper Priti Kamat, AIR 1, says, “Perseverance and Self Belief are the Key ”
Edited By Mahima Bahl | Updated on Sep 22, 2021 05:29 PM IST | #CA Intermediate Exam
CA Intermediate July 2021 result was declared by the Institute of Chartered Accountants of India (ICAI) on September 19, 2021. The day became a forever memory for Priti Kamat who secured first position in CA Intermediate exam for old course. Priti credits her success to mother’s support. She also believes that conceptual understanding through self studies is more suitable as compared to joining coaching classes. In an exclusive interview with Careers360, the CA Intermediate 2021 topper has shared her success story. Students can read the excerpts of the interview with CA Intermediate 2021 topper Priti Kamat below.
Related- To check the list of CA Final toppers - Click here
Careers360: How did you celebrate your success? Which elements would you attribute your success to?
Priti Kamat- I was in absolute disbelief when my mom pointed out that I had an AIR, I hadn't even considered checking! I would attribute my success to my patience, hard work and consistency and my mom's support, she's my rock. We couldn't really celebrate, the interviews all started rolling in without a moment's notice.
Careers360: Tell us something about your childhood, family background, schooling and key inspirations in life.
Priti Kamat- I was born and brought up in Mumbai and completed my school and junior college education in Goa. I completed my B.Com from ML Dahanukar college of Commerce in Mumbai. My mom is a cost and management accountant and she has had amazing experiences working for the best firms in the country and having met wonderful people. She urged me to pursue CA so I could get to learn and experience all that.
Careers360: What was your rank and score in CA Intermediate 2021?
Priti Kamat- I secured an AIR 1 in CA IPCC with the maximum marks in EIS/SM. I scored 388/700 with an exam passing percentage of 0.66%.
Careers360: Tell us about your planning, study hours, time table daily efforts.
Priti Kamat- I planned to study theory subjects because I have a good command over the language and I prefer studying in the morning. So I would wake at 4 am everyday and start reading my material. I believe daily revision is key when it comes to theory subjects, it is really easy to forget what you have just recently read and this helped tackle that. I reserved 6 hours after lunch to practice and revise the practical subjects and yes, it has to be a written revision.
I studied for nearly 12 hours daily for 3 months right before the exam and slept for a minimum of 6 hours a day
I made sure to solve a ton of papers and mock tests so I could prepare myself for any unpredictable question I would come across in the exam
Careers360: Which group or subject of the CA Intermediate exam did you find the most challenging and easiest? Could you cite some reasons why?
Priti Kamat- I personally like IT and strategic management and I have a hobby of reading all the Harvard Business review articles. I could get my hands on so I really enjoyed studying for group
2. Advanced Accounts, even though challenging, was very scoring if you got your concepts right and I focused on that equally so as not to let it pull me down.
Careers360: What made you opt for CA?
Priti Kamat- It is one of the most prestigious courses in the country and it clears innumerable paths for you in the future so you can decide what you want to specialize in. Gaining any other degree in this field after becoming a CA would be building on it and it is really amazing to see all the opportunities it creates for you.
Careers360: While attempting the CA Intermediate exams, which all factors need to be considered and what strategy works best?
Priti Kamat- Perseverance is key and believing in yourself that everything is going to come together in the end provided you have put your efforts in also goes a long way in keeping anxiety at bay.
Careers360: Since you have reached your dream destination, so in your opinion, how has life changed for you now?
Priti Kamat- I look forward to working with one of the Big4 for the period of my articleship and want to pursue industrial training in an investment banking firm.
Careers360: What is more suitable according to you - self-study or coaching?
Priti Kamat- Self study was always more suitable because I could retain information and recall things easily. It greatly improves your ability to correct yourself for the future when you make mistakes and are careful to not let them happen again
Careers360: What are some of the important learning areas which the future aspirants should note?
Priti Kamat- I would ask the future aspirants not to take their books into the exam hall because the pressure is insane and you do not want to let your mind start wondering if it knows as much as the person sitting across from them. Just carry some water with you always and wait outside the hall until the reading time starts.
Careers360: What is the difference between CA Intermediate old and new syllabus?
Priti Kamat- Just a few chapters actually, not much. They have just moved some material around to divide the relevant content properly between the two groups.
Careers360: How beneficial are previous years question papers or the summary of examiner’s comments
Priti Kamat- VERY IMPORTANT. In fact, I allotted an entire month of my preparation to digging for and solving past question papers all the way till 2012 (or until relevant), the corresponding mock test papers, revision test papers and any other question banks I could find. Solving and going through a variety of sums was imperative to getting a deeper understanding of the subject.
Careers360: How was your experience during the article-ship training? Did it bother your study regime?
Priti Kamat- I have yet to start the training and I hope it goes well.
Careers360: Did the COVID pandemic affect your preparation for the CA Intermediate exam? How did you manage stress in such a situation?
Priti Kamat- Fortunately, no member of my family got COVID and it gave me extra time to study. It allowed me to explore the material published by various authors and it was truly an eye-opener for me. I decided to finish studying as quickly as possible so I could revise and be more thorough with my preparation.
Careers360: Any message for the future aspirants?
Priti Kamat- Be patient and believe in yourself and your efforts. Everything comes together in the end!
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Questions related to CA Intermediate Exam
Have a question related to CA Intermediate Exam ?
Hello,
CMA or Cost and Management Accounting is a certificate course providing CMA designation to the qualifiers. CMA has both descriptive and objective questions. CMA foundation is a mixture of questions. It is a three hour long exam conducted by ICMAI and it is a paper based on mainly class 12th concepts.
CMA examination has a mixture of objective and descriptive questions.
I hope this helps,
All the best
Tanya Gupta 29 July,2022
Hello Aspirant,
Hope you are doing great. A common course that covers accounting, taxation, financial analysis, and financial economics is called chartered accountancy, or CA. The three-level CA course offered in India is in high demand both domestically and internationally. Delhi, Bangalore, Mumbai, and Ahmedabad are a few of the most well-known Indian cities for studying accounting. Students frequently see each other studying B.Com and CA at the same time. Students from Nepal are also seen travelling to India to enroll in a CA programme in addition to students from India.
In India, CA programmes are typically offered by private and semi-government institutions. The Institute of Chartered Accountants of India (ICAI) considers the students certified and qualified Chartered Accountants after they complete this course (CAs).
Top CA Colleges in India:
- Vista Academy, Dehradun
- ETEN CA, Guwahati
- PIRON Scholl of Business and Finance, Mumbai
- Siddhartha Academy, Thane
- Navkar Institute, Ahmedabad
- The Institute of Chartered Accountants of India (ICAI), Noida
- Indian Institute of Finance and Accounts, Pune
- Pearn Accountants, International Accountants and Business Consultants, Kochi
- Zell Education Mumbai
- CMS For CA, Hyderabad
- PIRON School of Business and Finance, Bangalore
- International School of Financial Studies, Secunderabad
ALL THE BEST
LALBEE 27 July,2022
Hi,
For being eligible for the direct entry route in CA i.e for giving CA Intermediate exam directly without apppearing for the CA foundation exam you need to atleast complete your graduation. Since you have just completed your second semester exam you are not eligible for the direct entry route as you have not completed your graduation. Hence, you must prepare for your CA foundation exam first . Only when you clear CA foundation you will be eligibe for appearing for your CA intermediate exam.
Hope this helps
Thanks
Astha Jain 27 June,2022
Hi
To become a CA one needs to go through given 4 levels, listed below :-
1) ca foundation
2 ) ca intermediate
3) articleship Training
4 )ca final
>>>>>>>>> Class 12th pass students need to start with foundation
>>>>>>>>>>> while graduates
-
commerce graduates with at least 55%
-
and non commerce graduate with at least 60% in their graduation
don't have to go through CA Foundation, they can start directly start from level 2 i. e CA Intermediate through direct scheme.
As you are a BA i. e non- commerce graduate with 71 % i. e more than 60 % , so yes, you can definitely directly start with CA Intermediate through direct entry scheme .
To register you need to visit the official website i. e icai.org (http://icai.org/) . And after registration you need at least 8 months of study to appear for CA intermediate examination.
Each level you need to go through is described below briefly :-
----------------) 2. CA Intermediate
In your CA Intermediate, you have 2 groups with 4 papers or subjects in each group
>>>>>CA Intermediate Group 1:- You have following subjects :-
*accounting
* cost and management accounting
*corporate and Other laws
* taxation
>>>>>CA Intermediate Group 2:- You have following subjects :-
*advanced accounting
*enterprise information systems & strategic management
*auditing and assurance
*financial management & economics for finance
In oder to clear CA intermediate , you need at least 40% marks individually in each subjects and at least 50% in overall aggregate .
----------------) 3. Articleship Training
You can register for articleship after 1 or both groups of CA Intermediate. Articleship Training is of 3 years. During the last 2 years of your Articleship Training you have to complete your AICITSS i. e Advanced Integrated Course on Information Technology and Soft Skills
----------------) 4. CA Final Group
After qualifying both groups of CA Intermediate, you become eligible for CA Final registration. And can appear in CA final examinations either after completion of your Articleship Training or when you are in the last 6 months of your articleship training.
There are 2 groups with 4 subjects in each which are given below:-
>>>>>CA Final Group 1:
*financial reporting
*advanced auditing and professional ethics
*strategic financial management
*corporate and allied Laws
>>>>>CA Final Group 2:
*advanced Management Accounting
*direct Tax Laws
*indirect Tax Laws
*information Systems Control and Audit
After the completion of articleship training and clearing CA Final , you become eligible for applying for the membership of the Institute of Chartered Accountants of India after which become a CA.
For detailed information visit
https://finance.careers360.com/articles/how-to-become-a-ca-in-india
Thank you
ADITYA KUMAR 13 March,2022
Hello,
The last date to register for CA Intermediate 2022 November is March 1, 2022. The Institute of Chartered Accountants of India (ICAI) keeps the registration for CA Intermediate open throughout the year. To register for CA Intermediate course, candidates have two options - admission through direct entry route or after clearing CA Foundation exam. There is no upper age limit for CA Intermediate registration. Candidates who are in their final year of graduation can also register for the CA Intermediate course on a provisional basis.
Shubham Dhane 08 March,2022
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