How many students become Chartered Accountants every year?

How many students become Chartered Accountants every year?

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Sansar Singh ChhikaraUpdated on 25 Jan 2025, 04:46 PM IST

Chartered Accountancy is one of the renowned professions in the modern Indian world. Chartered Accountants play a major role in financial advice, analysis, compliance, taxation, accounting and other related fields. The Institute of Chartered Accountants of India is the statutory body that regulates the profession of Chartered Accountancy in India. Every year, ICAI conducts different CA exams and candidates who clear both groups of CA Final exam finally become Chartered Accountants.

Last year, a total of 31,946 students cleared CA Final exams and became Chartered Accountants. The CA Final exam is the last level in a student’s journey to become a Chartered Accountant. The upcoming session of CA Final exam is scheduled to be held in May 2025. The CA Final May 2025 exam dates fall between May 2 to 13, 2025. In this article, candidates will find accurate data on how many students become Chartered Accountants every year and every session, past years trends, pass percentage trends and more.

How many students become Chartered Accountants every year?
How many students become Chartered Accountants every year?

How many students become CAs every year?

ICAI shares the number of candidates who became Chartered Accountants in each session along with the results. Students will be deemed passed only after clearing both groups of CA Final exam. Candidates need to secure minimum 40% marks in each subject individually and 50% in aggregate to clear one group. The below given tables share statistics on how many students become Chartered Accountants in each year and each session.

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Number of students who became CAs - Session-wise data

SessionStudents passed

Nov 2024

11,500

May 2024

20,446

Nov 2023

8,650

May 2023

13,430

Nov 2022

12,825

May 2022

12,449

Dec 2021

14,046

July 2021

10,165

Jan 2021

2,682

Nov 2020

11,067

Nov 2019

14,571

May 2019

14,185

Nov 2018

14,969

May 2018

9,243

Nov 2017

9,479

May 2017

10,276

graph how many students become ca every year

Number of Students who became CAs every year (2017-2024)

Year

Number of Students Passed

2024

31,946

2023

22,080

2022

25,274

2021

26,893

2020

11,067

2019

28,756

2018

24,212

2017

19,755

Key Observations from the above given data

  • More number of Chartered Accountants came from the May session compared to the November session. This can be due to multiple external factors that affect preparation of candidates.

  • In the last eight years, the highest number of Chartered Accountants in a single session came from the May 2024 session, where a total number of 20,446 candidates became Chartered Accountants.

  • With this, the year 2024 saw the most number of students passing CA Final in the last eight years, the number going up to 31,946.

  • The January 2021 session saw the least number of Chartered Accountants, with only 2,682 students passing the exam. This can be largely attributed to the pandemic, as the Covid-19 pandemic was on peak during that period.

  • Similarly, the November 2023 and May 2023 also show less number of students passing the exam. This can be attributed to external factors like change in exam pattern, syllabus etc.

  • The CA Final Nov 2024 exam saw a slight dip in the number of students becoming Chartered Accounts. This can be due to the implementation of the new syllabus as all students have not become fully acquainted with the new syllabus.

  • After studying the past years’ trends, it can be predicted that the future sessions of CA Final might see continued growth and the May sessions are expected to bring out better results like usual.

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How many students pass CA Final exam every year?

The average CA Final pass percentage for both groups in the last five years is around 12.25%. When it comes to Group 1, on average around 17.08% students pass the exam. The pass percentage of Group 2 is slightly better than Group 1 due to many factors like difficulty level, better preparation. The average pass percentage for Group 2 in the past five years is 22.62%. The below given table shows how many students passed the CA Final exam in the last five years.

ca final pass percentage trends - last 5 years

CA Final Pass Percentage Trends - Last 5 Years

CA Final Pass Percentage Trends - Last Five Years

SessionGroup 1 (%)Group 2 (%)

Both Groups (%)

Nov 2020

12.84

30.97

14.47

Jan 2021

6.55

18.04

6

July 2021

20.23

17.36

11.97

Dec 2021

22.3

30.52

15.31

May 2022

21.99

21.94

12.59

Nov 2022

21.39

18.61

11.09

May 2023

11.91

31.43

8.33

Nov 2023

9.46

21.6

9.42

May 2024

27.35

36.35

19.88

Nov 2024

16.8

21.36

13.44

Source: https://www.icai.org/category/press-releases-letters-to-editors

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Questions related to CA Final Exam

On Question asked by student community

Have a question related to CA Final Exam ?

Hello Aspirant,

See application process is already live for CA Final 2022 examination for November 2022 session so if you had applied for it then it is alright and the last date to apply for it is July 1st 2022.

Now coming to the question of choice of elective paper so don't worry because choice of elective paper will be asked while filling examination form for CA final 2022 which would be available for the candidates in October 2022 so you can fill it out at that time and till then you will have to wait for it.

You can check out more information from the official site as given below :-

https://www.icai.org/new_post.html?post_id=15755

or you can also check out our article for all latest updates and complete details :-

CA Final Registration 2022 - Steps to Apply Online, Fees, Eligibility (careers360.com)


I hope this information helps you.

Good Luck!!

Hello,

No you cannot apply after the final date of registration. Unless the officials extend the last date you will not be eligible for applying after the final date of registration. As of now there are no information from the officials regarding the extension of the final date. The Institute of Chartered Accountants of India (ICAI) has opened the CA Final 2022 registration in online mode. The last date for the CA Final May 2022 registration was January 1, 2022. You can apply for December session. The last date is on July 1, 2022.

Hi there,

First of all make plan that what are you going to study,for how many hours you are going to study a topic and on what you will focus on. Plan all these things so that you don't get distract while studying. Then maintain a timetable and follow it .

We all have same working hours but we don't utilize them properly so start utilizing your working hour according to your mental energy .

Always study in a peaceful environment so that you can learn more in less time that means effective study .

Now if you are talking pparticularly about commerce then you can divide subjects into two part

(A) Numerical portion: First clear you concepts and after that practice as much as you can for Numerical.

(B) THEORY Portion: Make notes and clear your concept and revise them.

Try to understand instead of just mugging up lessons so that you can remember it for long time .

And last but not least study with enthusiasm. Enjoy study . Don't take study as burden.

Hope it helps you.

Good luck!


Hi Aspirant,

Hope you are doing great as per the question asked by you as you have made mistake while filling up the form you should definitely mail to the required authorities regarding the mistakes you have sometimes correction window is given to the students to correct the mistakes if made any during the process.

Hope you found this answer useful.Stay motivated stay positive.

All the best!

Hey aspirant,

Sorry but this cannot be done as it is mandatory and one must complete at least 2 years of training before sitting for the finals