Chartered Accounting is the most reputable qualification in Pakistan because it pays well and provides work mobility. There is an assumption in Pakistan that a CA graduate lives a luxurious lifestyle while this is not wrong, the dropout of CA students is surprisingly high in Pakistan. You may know about many people in your circle who are doing CA. However, how many do you know who have completed CA? The reason is that the hard work and the effort that has to be put in to achieve that lavish lifestyle are overlooked by many.
So today we will be discussing those problems and more importantly, how to overcome them effectively.
The Secret Behind Acing CA
Most students coming in for CA do not know about the hard work, the late-night cramming, relentless study, and getting a low stipend as a beginner.
Even though students manage to get into institutes with the best CA in Pakistan, most students find it extremely difficult to adjust to such a difficult timetable and thus fail in the foundation stage, making them leave CA to pursue other careers.
The reason behind this is that they lack the proper guidance. Most of the students usually come for CA because their parents had asked them to. The students come to the field without knowing about the darker side, one with being persistent, determined, and working hard. And when they fail, the students are left disappointed and heartbroken.
Students should consult with professionals before opting for CA. With proper guidance and counseling, the students can understand the risk they’ll be putting themselves in, giving them a bigger picture.
Problems With CA And Their Solutions
The main issue faced by all CA students is the experience of repeated failure. Imagine yourself as an above-average student in college who excels at everything. You must have never considered the possibility of failing. But, right at your first attempt, you fail the exam. This leaves most of the students depressed, and the parents become disappointed. Both parties fail to understand the actual reason behind this failure.
For this, CA institutes in Pakistan should appoint certain people as counselors who can help students identify the mistakes made by the students and help them resolve them so they can pass their exam in the first attempt.
After completing module D, which is known as the fundamental level, the students are expected to do internships for three and a half years.
However, the problem arises when the students are unable to balance their work with their studies. Most firms misuse the interns and start overburdening them; because of that, students cannot attend their lectures, which breaks their build-up tempo. And because of this long break, students face trouble getting used to the hard work of preparing for exams again.
Moreover, students face financial issues because the stipend is meager for beginners, and there is a good amount that a student has to pay the institutes as a fee. The amount of work they are expected to do is a lot, and their pay is not enough.
