Recently The Institute of Chartered Accountants of India has signed a Memorandum of Understanding (MoU) with Bharathiar University, Coimbatore. Under this scheme MBA, M.Com, BBA and B.Com courses will be available exclusively for Chartered Accountancy Students as well as qualified Chartered Accountants. Graduation courses (BBA and B.Com) will be offered to students who have either passes the entry level examination of Chartered Accountancy course of ICAI (i.e. CPT or PE I) or those who have passed the the Intermediate stage of Chartered Accountancy course of ICAI (i.e. PCC or PE 2).
Students under the second category (those who have passed the PE 2 or PCC examination) will be exempt from 12 out 15 papers in B.Com and in 10 out of 15 papers in BBA.
Post graduation courses (MBA and M.Com) are available either to graduate from a recognized university or who have passed the Final Examination of ICAI or to the ones who successfully complete graduation under this scheme. Here, those who have passed the Final Examination of ICAI will be exempt from 10 out of 15 papers in MBA and 7 out of 10 papers in M.Com.
Existing Chartered Accountants may also apply and get the exemption by applying through the institute for admission in through lateral entry.
Bharathiar University is a state university in Coimbatore and is accredited by NAAC with 'A' Grade. This would certainly be a great opportunity for several CA students who sometimes have to forego their regular classes to prepare exclusively for CA exams.
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