alternative courses of ca you can opt for after 12th commerce
Home Online Education Top 10 Online Courses to Do Along with CA Course [2024]

Top 10 Online Courses to Do Along with CA Course [2024]

Aditi Bhardwaj Nov 7, 2024 2.6K Reads

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As getting prepared for the CA exam is a tough task, and properly applying your knowledge in the exam provides a unique set of challenges. Achieving the position of Chartered Accountant (CA) requires a significant investment of time and effort. Because of its enormous popularity, the field of Chartered Accountancy now faces significant competition. Despite the expanding number of options for Chartered Accountants, obtaining an additional online degree or qualification can provide a significant competitive advantage. While many students choose to take these supplemental courses after completing the CA program, to enhance their knowledge and spread the range of opportunities. In this blog, we will discuss the top courses you can opt for after the CA program preparation.

Chartered Accountancy (CA) Course

The CA course, often known as the Chartered Accountancy course, is a professional program that prepares students to become chartered accountants. The comprehensive training program teaches accounting, finance, taxation, and auditing. The course provides students with the skills to analyze financial data, compile financial statements, and comply with different financial rules.

Chartered Accountants play a significant role in businesses and organizations by giving financial advice, performing audits, and contributing to strategic decision-making. The CA course normally consists of a series of tests and practical instruction designed to prepare applicants for a successful career in accounting.

Why is CA so Popular?

The reason CA  is so well-liked is that it provides access to fascinating job options in the business and financial sectors. Being a CA is a respectable career that entails managing financial concerns for both individuals and organizations, which attracts a lot of people to pursue it. Due to their extensive knowledge in accounting, auditing, and financial management, CAs are held in high regard. They are essential to maintaining an organization's compliance and financial stability, and CAs are always in high demand.

A career in CA also gives stability, strong income potential, and the opportunity to work for prestigious companies or independently. A common option for those hoping to succeed in the financial industry is known as chartered accounting. This provides a variety of career routes, recognition in the professional world, and job stability.

Clearing Percentage of CA Exams

As we know CA exams are among the toughest exam in India and it provides a successful career as well. The competition for these exams is also high and the passing percentages are very low, which means a lot of students fail the exams. 

The average clearing percentage of CA exams is about 25 % every year for the intermediate exam and an average of 10 % on the final CA exam. Here is the list of passing percentages of the 2023 CA exam of both Intermediate and Final Exams.

CA 2023 Intermediate Exam Passing Percentage

Group

No. of Students Give Exam

No. of Student Cleared

Passing Percentage

Group 1

1,17,304

19,686

16.78 %

Group 2

93,638

17,957

19.18%

Both Group

53,459

5,204

9.73%

CA 2023 Final Exam Passing Percentage

Group

No. of Students Give Exam

No. of Student Cleared

Passing Percentage

Group 1

65,294

6,176

9.46%

Group 2

62,679

13,540

21.6 %

Both Group

32,907

3,099

9.42 %

Need for Online Courses Along with CA courses

Taking online courses with Chartered Accountancy (CA) training can provide several benefits. Integrating online courses into your CA path provides a more adaptable and comfortable learning experience. Rather than attending traditional classrooms, you may access course materials, lectures, and resources from the convenience of your own home. This flexibility is useful for students who have a hectic schedule or want to balance employment responsibilities with their CA studies. 

Online courses also cover a wide range of topics, allowing you to improve your skills and knowledge in areas critical to the changing corporate scene. Furthermore, the interactive aspect of online learning platforms frequently fosters self-paced learning, which promotes a better comprehension of the subjects. Finally, combining CA courses with online learning provides chances for a well-rounded education, equipping you with both specialized knowledge and adaptable abilities.

List of Online Courses Other than CA to Choose After 12th

Here is the list of the online courses you can pursue while preparing for the CA program.

1 ) CMA (Cost and Management Accounting)

If you have an interest in cost accounting from your CA degree and are considering a career in this field, incorporating the CMA online course into your academic route might be a wise move. This dual certification has the potential to open up lucrative opportunities in industrial organizations and attract well-compensated clients.

Eligibility Criteria:

  • Candidates must have a graduate degree in any field (Except fine arts)
  • or, candidates can also pass the foundation of ICSI/Intermediate of ICAI exams.

Job Opportunities:

There are various job opportunities after completing the CMA online courses mentioned below:

  • Chairman cum Managing Directors,
  • Finance Director,
  • Financial Controller
  • Chief Financial Officer
  • Cost Controller
  • Marketing Manager

Here are some of the job roles after completing the CMA online course with an average salary package is 10 LPA 

2 ) CS (Company Secretary)

A corporation Secretary, often known as a CS, is a specialist who assists with the administrative and legal elements of a corporation. They perform an important role in ensuring that a corporation follows all applicable rules and regulations. The CS helps to keep corporate records, organize meetings, and manage communication between the organization and its stakeholders.

They serve as the relationship between management and the board of directors, ensuring that critical decisions are documented and implemented effectively. In essence, a Company Secretary plays an important role in ensuring a company's legal and organizational integrity.

Eligibility Criteria:

  • Candidates must have completed a 10+2 education, often known as higher secondary or equivalent, from a recognized board. 
  • Candidate must be at least 17 years old to join the CS course
  • Or clear the foundation exam of the ICSI or ICAI exam

Job Opportunities:

There are various job opportunities for candidates who clear the CS course and some of them are mentioned below:

  • Compliance Office
  • Chief Advisor
  • Executive Secretary
  • Governance Professional
  • Board Advisor
  • Secretarial Auditor

Here are some of the job roles after completing the CS online course with an average salary package is 7.5 LPA 

3 ) CFA ( Chartered Financial Analyst)

The Chartered Financial Analyst (CFA) certificate is a respected accreditation for finance professionals looking to advance their careers in investment management and financial analysis. Obtaining the CFA designation requires a demanding program that covers a wide variety of topics, including ethics, investing techniques, and portfolio management. 

Candidates obtaining the CFA qualification exhibit a dedication to a high level of expertise and a thorough knowledge of financial markets. The CFA credential is widely recognized across the world and is regarded as a symbol of financial expertise.

Eligibility Criteria:

  • Having a bachelor's degree in any field with a recognized university
  • Or clear the foundation exam of the ICAI exam.

Job Opportunities:

There are various job roles candidates can enroll in after completing the CFA and some of them are mentioned below:

  • Data Scientist
  • Chief Investment Officer
  • Investment Consultant
  • Investment Strategist
  • Accountant/Auditor

Here are some of the job roles after CFA online courses and it states the average salary package of 6 to 8 LPA.

4 ) Law 

If you find legal issues intriguing in the CA course and want to dive deeper into them in your professional career, pursuing an LLB course might be incredibly beneficial. This degree will educate you to handle a variety of problems, including business law, civil law, international law, labor law, family law, and patent law. Integrating a CA qualification with an LLB broadens your job opportunities.

After becoming a CA and earning an LLB degree, you will be able to offer a wider range of services to your clients, attracting a larger business. This combination considerably improves your professional capabilities.

Eligibility Criteria:

Pursuing a B.Com LLB is a viable option. that is critical to have a clear mentality, and you may augment that with CA or CS to increase the worth of your degree.

Job Opportunities

There are a variety of job roles for the students after completing the online LLB course and some of them are mentioned below:

  • Accounting
  • Finance
  • Taxation 
  • Law

The basic average salary package for LLB online graduate students is between 13 LPA.

5 ) FRM (Finance Risk Management)

Online Finance Risk Management (FRM) is the process of dealing with and regulating any financial risks to maintain the stability and profitability of an organization. Simply put, it entails detecting, analyzing, and mitigating risks that may affect a company's financial well-being. FRM serves as a protection, assisting organizations in navigating potential financial issues.

It is a strategy approach that seeks to safeguard assets, improve financial performance, and make sound decisions in the face of uncertainty. Businesses that successfully recognize and manage risks have a better chance of reaching long-term financial goals and surviving economic uncertainty.

Eligibility Criteria:

Even though being a Chartered Accountant (CA) is a recognized and popular career path, many applicants choose to seek additional certifications or professional qualifications after finishing the program to obtain a competitive advantage over their rivals.

Job Opportunities:

There is a huge number of career options for students after completing the online FRM courses. Some of them are mentioned below:

  • Financial Risk Analyst/ Manager
  • Trading
  • Wealth Management
  • Investment Banking
  • Enterprise Risk Management

Here is the list of some popular career options after completing the online FRM course and the average salary package is 7-8 LPA

6 ) CIA (Certified Internal Auditor)

The Certified Internal Auditor (CIA) title recognizes persons who have proven skill in internal auditing. Consider it a particular designation present upon those who are good at auditing and examining a company's or organization's internal processes. These professionals have completed a rigorous examination that assesses their knowledge and abilities in risk management, control, and governance. 

So, fundamentally, a CIA is a qualified expert who ensures that a company's internal procedures work smoothly and follows the rules. They play an important role in assisting organizations to run smoothly and minimise any difficulties or complications.

Eligibility Criteria:

  • Admission to a CIA (Certified Internal Auditor) course requires a minimum graduate qualification.
  •  Individuals who have obtained their CA (Chartered Accountant), CWA (Cost and Works Accountant), or CS (Company Secretary) certificates are also eligible to register.

 In India, many professionals opt to take the CIA as a post-qualification course after completing the CA, CWA, or CS.

Job Opportunities: 

Here is the list of the job roles offered after completing the online CIA courses mentioned below:

  • Internal auditing manager
  • Auditor
  • Internal audit director and Auditing Manager
  • Chief Internal Auditor
  • Quality Assurance Manager
  • Internal auditor

The basic average salary after completing the online CIA program is 2.3 LPA. 

7 ) ACCA (Association of Certified Chartered Accountants)

ACCA (Association of Chartered Certified Accountants), is a respected global professional organization that offers credentials and training to persons wishing to become chartered accountants. This prestigious school provides its members with the essential skills and information to flourish in the fields of accounting and finance. ACCA certification online provides a comprehensive program that covers accounting, auditing, taxes, and financial management. 

Candidates who complete the ACCA tests and meet the practical experience criteria can get the famous ACCA degree, proving their knowledge and dedication to the highest professional standards in the accounting industry. Overall, ACCA plays an important role in developing prospective accountants' careers and encouraging excellence in the field of financial expertise.

Eligibility Criteria: 

After completing the CA Final, you have the option of pursuing ACCA. A certified CA is awarded nine exemptions, decreasing the number of ACCA professional-level 4 papers to for qualified CAs. This permits a CA to complete ACCA certification in 6 to 12 months.

Job Opportunities:

There is a huge variety of job roles after completing this online course and some of them are listed below:

  • Management Accountant
  • Finance Manager
  • Treasury
  • Auditor
  • CFO

These are some of the job roles mentioned above and the average salary after completing the online ACCA program is 5 LPA.

8 ) CPA (Certified Public Accountant)

A Certified Public Accountant (CPA) is a professional financial expert who has finished certain school requirements and passed a demanding examination to become certified. Online CPA training programs are experts in managing and analyzing financial data, preparing tax returns, and offering important financial advice to businesses and individuals. They serve an important role in keeping accurate financial records, ensuring regulatory compliance, and assisting organizations in making wise financial decisions. In essence, a CPA is a competent and trustworthy financial professional who can manage a variety of accounting and financial issues. 

Eligibility Criteria:

  • Have a graduate degree with a 120 credit score
  • Appear for the CPA exam and clear it
  • Have a cleared intermediate degree in the CA program.

Job Opportunities:

There are various job roles for the students after completing the course and some of them are mentioned below:

  • Budget Analyst
  • Controller
  • Forensic Accounting
  • Public Accounting 
  • Tax Accountant

The average salary package of the student who completed the online CPA course lies between 5-6 lakhs.

Online Course Other than CA to Choose After Graduation 

Completed your graduation while preparing for CA? Here is one of the best options you can pursue at the master’s level to have a progressive career.

 MBA (Master of Business Administration)

Pursuing an MBA online course is a smart option for a variety of reasons. Earning an MBA may strengthen your educational background and prepare you for the demands of the professional world. If you have a particular interest in a specific career path, you might opt to specialize in finance throughout your MBA program. An MBA is highly valued across sectors, making it a popular choice for graduates with degrees such as BTech, BBA, BCom, BA, BSc, and BCA who want to enhance their careers after completing their undergraduate education.

Eligibility Criteria:

  • Having a degree from a recognized college
  • Complete the CA course offered by ICAI
  • Candidates must have a BBA or B.Com degree through ICAI or equivalent university

Job roles:

There is a variety of job roles offered to the students after successfully clearing the Online MBA program. Some of them are mentioned below:

  • Project Manager
  • Business Development Executive/ Manager
  • Product Manager
  • Marketing Manager
  • Analytics Manager
  • System Manager
  • Data Processing Manager
  • Business Analyst

Here are some of the job roles after MBA online courses and give the average salary package of 7.7 LPA.

Conclusion:

The sector of chartered accounting remains a popular choice among Indian students. Those who want to be a successful accountant must put in the time and effort. Consider enrolling in online courses and completing frequent examinations to determine your preparation. Explore the various online courses available to supplement your CA course. Making educated selections is critical, especially because some of these courses may be quite expensive in online degree programs. Consider whether you want to take these courses alongside your CA study.

FAQs (Frequently Asked Questions)

Yes, many online platforms provide flexible courses to supplement your CA study and help you improve your abilities in certain areas.

Popular topics include financial modeling, data analytics, tax legislation, corporate ethics, leadership development, and advanced Excel abilities.

Not necessarily. To achieve a balance between CA study and online learning, choose the right courses and manage your time properly.

Many good online courses have been recognized and approved, however, it is critical to check accreditation to guarantee compliance with professional standards.

Online courses may augment your knowledge, extend your skill set, and help you compete in the dynamic world of accounting.

Yes, some online courses include CPD credits, allowing you to meet your continuous professional development needs while completing the CA program.

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By Aditi Bhardwaj

5 Years of Experience / Storyteller / Research-driven Writer

As an MBA graduate, my journey took a surprising turn from the corporate world to the creative field of writing. After years of working in strategic planning and marketing, I discovered my passion for expressing ideas through words. This shift to writing wasn't easy, but I began by writing articles and blogs, using my business knowledge to create engaging content. My background in business allows

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