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Anyone in Commerce field here? Career help needed

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Budhe-Baba

There is a younger relative, not so young by the way. Maybe 29 years.

The person is BCom passout. Preparing for CA but unable to clear (Inter is cleared). Has passed through depression phase (parent passed away).

He needs advice on possible future career paths – Is ACCA a good choice? ACCA starting salary will be around 40k per month I think? Considering he is already 29, what else can he do to reach say 1 lac per year or more salary?

Interests are commerce only (IB, GST, Stock Advice, etc).

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Deal Cadet Deal Cadet
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He can easily clear the CA exam first, he to be away from social Media ( may have withdrawal symptoms ) Cut down on extra activities like gossipping wasting time in talking about politics sports movies etc do not watch TV at all for refreshing enjoy some traditional games ( carom chess with 👪 ) take 4 subject daily one hour morning one hour evening for reading 📖 take look at the previous paper carefully see the modal answer and compare his answers with topic eat light food 🍲 stay away from outside food drink lots of water 💦 do not indulge in an argument with anybody ( in our Indian families every idiot is subject expert / ignore this type of crooks ) always remember CA exam is a difficult ( mountain ⛰ to climb ) part of life CA is not life
Benevolent Benevolent
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Other than clearing CA he has no other job in this world – there are many who cleared with just hard work.
If not cleared now then it would become impossible task with every passing year (again have seen many finally dropped)
Let him take an year or two but clear CA

Helpful Helpful
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He already wasted 29 years. He should stop any kind of education. He needs to get into action at this age.
Ask him to get married first (with in the community and poor and educated girl).
Life will change automatically after marriage.

Post Emperor Post Emperor
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Smh

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Pro Community Angel Pro Community Angel
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Nothing fixed with respect to income with any particular profession bro, i see CAs not being able to earn 10-15K a month.
Changing the course at this stage isnt recommended (contingencies would be present with ACCA too) , wont give a good impression in CV (Assuming he would be going for a job)
Not a career advice (I am ineligible to provide that to someone) just a general thought

Pro Entertainer Pro Entertainer
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Can’t he work as PO in banks?
Ask him to clear the exam. Spending another 3 to 5 years in education at this age not good without any income.(according to me)
I would suggest bank exams. preferably SBI

Pro Community Angel Pro Community Angel
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Age limits there ?
He’s gonna take atleast some time to prepare, we dont have current affairs in CA pensive

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Deal Subedar Deal Subedar
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Ask him to focus one group at a time. He should opt for somejob which gives him 30- 40k per month related to his passion but in nearby to his residence. Along with job he can study and clear one group at a time that is what i feel. 6 month is sufficient time to get one group clear at a time. So a year of experience or two max within that time if he clear CA , he would have multiple option to explore.

An alternative to job can be Tax Consultant, wherein he can file returns provided he has sufficient knowledge in Direct and Indirect Tax. Again in this option he has to get some time and study with one final aim as becoming a CA

Pro Community Angel Pro Community Angel
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Very difficult to start a new practice (even for a CA) as a tax consultant, indians dont pay money for this stuck_out_tongue

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Deal Cadet Deal Cadet
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Same with one of my friend.He have done MCA and wasted 3 years preparing for civil services preparation but couldn’t clear any of exam..His agr is 29 or 30 i think..I keep suggesting him that try for job in IT as he had done masters in computer application but he keep saying that he had forgotten all the basics of coding..He is in depression now a days..What should i suggest him?

Deal Subedar Deal Subedar
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@Budhe
Bro is he planning to shift abroad after his ACCA? In India this course is good but it’s real value is in the west.
+ @guest_999

Critic Critic
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Not everybody can prepare mentally & financially to move abroad & considering his situation I doubt it.

Tech Guru Tech Guru
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Marry a settled girl, and be a stay at home husband. smiling_imp

Pro Community Angel Pro Community Angel
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That’s a lottery lol

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Shopping Friend Shopping Friend
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Start a job and do simultaneously MBA program in finance (online correspondence)

Shopping Friend Shopping Friend
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Hi
Other than this he can look
CPA,
CS, CFA,CMA,
INVESTMENT BANKING , Stock broking exams(ncfm) , insurance sector , loan .
INVESTMENT BANKING , short courses in taxation if he has interest in it , return filing exams (income tax ) ..
Take ur time tell him to compare the courses then choose

Critic Critic
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Thanks guys i have conveyed the same.
Very difficult times we are living in. Many audit related things (other fields things also) are getting automated now ☹️

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