CA, or chartered accountancy, is one of the most popular study courses chosen by students in India. Knowing “What are the total fees to become CA” is vital so that individuals can save and be prepared for it without any financial worries.
Students opting for CA exams have to pass three levels: CA Foundation (previously known as CPT), CA Intermediate, and CA Finals.
Students have to focus also on practical training for three years under an authorized CA firm. This training starts after clearing the second level CA Intermediate and is generally completed before the CA Finals.
Fees of CA foundation
Overview of the total fees structure for CA Foundation, Intermediate, and Finals
CA Course Fees | CA Foundation | CA Intermediate | CA Finals |
Registration Fees | Indian student -INR 9,000, Foreign student- $700 | Indian student – INR 11,000 for a single group and INR 15,000 for both groups. Foreign student -$600 for a single group and $1000 for both groups | Indian student – INR 22,000 Foreign student – $1000 |
Examination Fees | Indian student – INR 1500, Foreign student – $325 | Indian student – INR 1500 for single group and INR 2700 for both groups. Foreign student – $325 for a single group and $500 for both groups | Indian student – NR 1800 for single group and INR 3500 for both groups. Foreign student – $550 for both groups |
Late Fees | Indian student –INR 600 Foreign student – $10 | Indian student – INR 600 Foreign student – $10 | Indian student – INR 600 Foreign student – $10 |
Registration fees
Students aspiring to become CA have to clear the first-level CA Foundation to get entry into the study course.
The registration forms are available twice a year, generally for May/June and November/December sessions.
The total fee for the CA Foundation exam for Indian Students is INR 10,900 and $ 1065 (nearly INR 87,145) for foreign students.
The Break-up of the fee structure is as follows
CA registration fees – INR 9,000 for Indian students and $700 (nearly INR 57,456) for international students.
Journal membership fees (optional) – INR 200 for Indian students and $20 (nearly INR 1641) for international students.
Examination fees – INR 1,500 for Indian students and $325 (nearly INR 26,676) for international students.
Online form fees – INR 200 for Indian students and $20 (nearly INR 1,641) for international students.
1. Application/Examination fees
For a centre in India – INR 1500.
If the centre is Kathmandu – INR 2200.
For centres in Abu Dhabi, Doha, Dubai or Muscat – 325 USD (nearly INR 26,676).
2. Late Fees
Students have to pay INR 600 for centres in India and 10 USD (nearly INR 820) for overseas centres as late fees.
3. Reappearing Exams
The validity for registration fees is three years, and after this period, the students have to pay INR 500 for revalidation. Students who fail to clear the CA Foundation have to pay the application fees repeatedly before a new attempt.
Fees structure for CA Intermediate
Students have two options for registration at CA Intermediate level. The first is by clearing CA Foundation and registering for the Intermediate course.
The second is a direct entry where graduates, post-graduates or students at the Intermediate level of CFA or CS courses are exempted from the Foundation level and can directly register for the Intermediate exams.
1. Registration Fees
The registration fees for a single group and both groups of the CA Intermediate course for Indian Students are INR 11,000 and INR 15,000, respectively.
For international students, the fees for single and both groups of CA Intermediate exams are $600 (nearly INR 49,248 ) and $1000 (nearly INR 82,080), respectively.
Indian students opting for direct entry have to pay INR 15,000 for both groups.
2. Application/Examination Fees
The fees for Indian students are INR 2,700 for both groups and INR 1,500 for one group.
Fees for overseas students are $500 (nearly INR 41,040) for both groups and $325 (nearly INR 26,676) for a single group.
3. Late Fees
Students have to pay INR 600 for centres in India and Kathmandu and 10 USD (nearly INR 820) for other overseas centres as late fees.
4. Reappearing Exams
The registration fees are validated for 4 years, after which the student has to pay INR 400 for revalidation.
5. Additional fees
Student activity (conferences, seminars, workshops etc.) – INR 2,000.
ICITSS Fees – INR 13,500
6. Articleship Fees
At the start of practical training, students have to pay INR 2000 as articles fees along with INR 500 for the assessment test.
Fees structure for CA Finals
1. Registration Fees
CA Final registration fees for both groups is INR 22,000 for Indian students and $1000 (nearly INR 82,080) for overseas students.
2. Application/Examination Fees
The application/examination fees for Indian students are INR 3,500 for both groups and INR 1,800 for one group, and for overseas students, it is $550 (nearly INR 45,144) for both groups.
3. AICITSS Training
AICITSS Training is conducted in two parts, where students have to pay INR 7,000 and INR 7,500 for information technology and soft skills, respectively.
CA Fees Structure Summarised
Reducing the price in half. The Institute of Chartered Accountants of India must receive the first contribution, which is required, and the second portion, which is elective, is the coaching class charge.
- Foundation fees is around 11,000 thousand.
- Intermediate course fees are around 35,000 thousand.
- Final fees are around 33,000 thousand
The total would be 78,000 thousand.
With Article ship stipend = 54000
So Rs 78,000 – Rs 54000 = rs. 24000
Thus, after adjusting for all the sums, the required contribution equals about Rs. 24000. It is also crucial to note that the ICAI enhanced this sum as a result of revisions to the syllabus at all levels. The price was previously even low!
How to save for CA?
Investing in mutual funds or SIP is one of the best ways to save for an education course like CA.
You could opt to save through the goal-based saving feature on the Edufund App, as it will help achieve the desired target for, say, application fees in the near six months.
Assess how much the total course will cost you and choose a suitable saving plan to achieve your goal.
Conclusion
The high salary of a CA and the growing demand for CAs have prompted students to choose this study course as their career.
As you are now aware of the total fees to become CA, it will become easier to save for this course and ultimately become a part of the CA fraternity.