Shiksha Top Questions

Hello,
In India, auditors have many career options like forensic auditors, government auditors, external auditors and internal auditors in a number of industries like government agencies, non-profit organizations, teaching positions, public sector organizations, government services, financial firms, corporate firms, banking sector, insurance companies, manufacturing firms, etc.
Even auditors can also practice on their own as private auditors by starting their own auditing firm and they also work as freelance auditors.
Government jobs:
Those with CIA certification can work as:
1) Internal Auditing Manager
2) Internal Auditor
3) Internal Audit Director
4) Auditor
5) Auditing Manager
6) Assistant General Manager (AGM)
7) Business Process/Management Consultant
Mostly the government would recruit candidates based on entrance exams while some can even join the public sector jobs with just CIA certification.

Definitely, it is not you alone but almost all the students who are planning to appear for CPT exam and are going to get roughly 3 months for preparation. Let me tell you this, 3 months are more than sufficient. There are certain tips that I would like to give you here:
1. Pay attention to all subjects as you know it is compulsory to pass in all topics, so you cannot skip out on maths, economics or any of the topics.
2. Attempt a lot of scanners or previous year papers. This will help you understand how to time yourself and also it will indicate to you what chapters you need to focus on.
3. Since you are already through with TS in accounts and Sandeep Garg, you have the knowledge of around 80% of the syllabus in both accounts and economics, therefore you will have time to focus on law specially mercantile law, which is a new subject for you. So manage your schedule accordingly.
It will not be very difficult to clear this exam and if you put in a hard work you can pass with flying colours. It's always beneficial to enter the course with good marks as it boosts your confidence.

Tips to crack CS in 1 year:
1.Create a plan which can be successfully executed. Give more time to topics which you find difficult and keep a buffer so that you can complete some pending tasks.
2.Focus on your strengths and sailing through the weaknesses is the best exam strategy you can bet on
3.Having too many books would lead to confusion during the time of revision and most of your doubts would remain unresolved without a good book.
4.Examiners try to trap students by playing around with the question and options. So read the question carefully to understand what is required and see the options with great concentration in case of MCQ based questions.
5.Planning the way you attempt various questions is quite crucial to crack the CS exam. You do not have to approach the question paper the way it is intended to be.

The main topics that you need to focus on are verbal, quant, logical and general knowledge.
Quant also includes DI.
There's a book by Arihant but it's best if you get material from somewhere.
Ideally, you should join Pratham as it's the best institute when it comes to entrance preparation. (Bias towards Pratham as I was a a student there).
Make sure that you are up to date with class 12th maths as that's likely to be asked and it's a section of which most students are scared.
Gk is pretty basic but log on to clatgyaan and check out their yearly compendium.
Verbal is simple, logical reasoning needs a little practice though.
Finally, check out last year's papers on the website to get a fair idea of what your weak areas are and work on them.

ICWA degree holders are highly demanded in the government sector, private enterprises, development agencies, banking & finance sector, education and training sectors. With the advancement of the economy, demands for cost and management professionals are rising rapidly.
Some popular areas where you can find jobs are consultancy firms, developmental agencies, departments of company affairs, training & research organisations, service industry, stock exchanges, public utility sector and other regulatory bodies. There are plenty of employment opportunities are available for the ICWA qualified people. Once you have completed the ICWA course, you can start up your career as a cost accountant.
In India, you can expect a starting salary between Rs. 3 to 4 lacs per annum. Your salaries will also depend upon your working job profile, sector and experience in this field.
In abroad (USA), the average salary of a cost accountant is around $53k per annum.

Tomorrow is too late, yesterday is over and now is the exact right time to start! CAT aspirants, it is very important to allocate enough time while preparing to the basic section. Here are a few tips to crack this exam in the first attempt.
1.The foremost thing that you need to choose is whether to go for coaching or to take self preparation. If you have decided to prepare by own take the help of a consultant.
2.Go through the syllabus thoroughly and start preparation from basics, after clearing with basic part you will be able to understand the rest of the part clearly. Get all the information related to CAT Exam.
3.To check your knowledge on basic part, start attempting the mock tests which you can find on the Internet and try to focus on weaker sections and practice well.
4.To know the important sections analyse and know the previously asked question papers and we advise you to read news papers, magazines daily to improve the vocabulary.
5.To crack CAT exam in first attempt, the candidate should focus on accuracy as there will be negative marking for wrong answer. While locking the answer correctly read the question twice or thrice.
6.To crack the CAT exam in the first attempt, the candidate should work hard to lessen the problems rising before the exam. This CAT exam is all about mental state, the depleted mind cant help to answer the logical questions.
6.After the complete preparation, take daily the mock tests for practice and time management. This helps to crack the CAT exam in first attempt.
All the best!

As per the latest MoU (Memorandum of Understanding) signed between Institute of Management Accountants (US) and the Institute of Cost Accountants of India, if an Indian candidate pursuing CMA US sit for the exams in any country other than India (provided that country conduct tests under Pro-metric facility, e.g. Sri Lanka, Bhutan etc. these countries don't have Pro-metric centers), he/she will get CMA (India) or Indian Cost Accountant degree by default.
To put it simply, candidates can save two important things:
INR 1,00,000-1,50,000 (cost of study for CMA India)
4-5 years of strenuous study
In return, they'll get a prestigious title of cost accountant. (Cost-Benefit analysis)
Candidates aspiring to settle in India won't face any difficulty in getting a job on PAN India basis. Other benefits of CMA (US) aren't discussed as limiting by the question.

Distraction - This is a very basic challenge which people find when they appear for CA exams. With a number of distraction options in the society and social network, this will be a big challenge.
Fatigue - CA syllabus is voluminous in nature, this makes people get fatigue easily. Although people sit with books, topics might not be moving fast. This will be a major problem. According to me, it's easy to remove this challenge. While you start your preparation, be slow (make it 3 to 4 hours a day ) slowly increase the hours as days progress.
Comparison - this problem will be there for anyone who discusses CA preparation with friends. How many did you complete? What have you completed? These discussions increase your stress factor and disturb you mentally. Avoid it. Every one of us has their own speed, who finishes topic first is not a matter of evaluation.

Just after the results are out, it would be the best days of your life because that happiness of clearing the toughest exams in India and across the world is superb.
But after that, things will definitely get tough because then the confusion comes, you don't know what to do, Which type of profile to go for? To go in the industry or to go for practice?
Right from preparing for the exam to your preparing of CV to sending and applying for the right companies, if you are lucky, you might get your desired job. But, if you are, it can get very frustrating - giving interviews, following up, finding contacts, facing rejections, etc.
You are going to spend at least one-third of your time at work so no matter what, you have to try and make it a good time. That is why sometimes it's actually the decision before getting the job which becomes very important.

I am afraid that you cannot join Merchant Navy. Only the Science stream students are eligible for job in Merchant Navy. But since you have completed graduation in commerce, it closes all doors for you.
The candidate who has completed 12th standard with Physics, Chemistry and Maths is eligible for job. He can directly apply for deck cadet job after completing 12th or wait and continue with the studies.
Those who are interested in officer level jobs continue with the studies and pursue either Marine Engineering or Nautical Science course. Unfortunately, commerce students are not eligible.
Indian Navy recruits commerce graduates in Logistics Cadre under Short Service Commission and Permanent Commission both. You need to take an examination called CDS (Combined defense service examination) which is conducted by Union Public Service Commission twice in a year.