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Lets hear what Rank 1’s of CA Final say !
Nirmal Jain
and Sanjhi Agrawal the toppers of CA Final Exam May 2010 were excited and
overwhelmed with their newly achieved honour of being now called as Chartered
Accountants. We had an opportunity of speaking to both and got some valuable
inputs for the students.
Sanjhi Agrawal CA Final (New Course) - 1st Rank Holder
 After talking to her we actually
heard it loud ‘Here we come India,
the next- gen Chartered Accountants’. Many of the youth today are confused
and spoilt by options in big cities, and you being from Delhi, so how did you actually understand
what are you best at, we questioned Sanjhi? She replied in a very simple
manner that she liked the course and once she took it up, she pursued it
sincerely and whole-heartedly, not because her father was a Chartered
Accountant or because her family wanted her to do this. It was a choice made
by her- something she's extremely proud of today. The clarity of thoughts can
be well understood from her conversation with us.
“I completed my graduation from Shriram College of Commerce in 2008, although
my pursuits to become a Chartered Accountant began in 2006 (when I appeared
for PE-1). For final examination, I took up coaching for only two subjects-
Indirect Taxes and Accounts. Indirect Taxes was a completely new subject for
me so I thought it would be easier if I had some guidance in this subject and
accounts being the core subject in Chartered Accountancy course, I wanted to
have a firm grip on it. It used to bother me at times that my peers were
taking coaching for 4-5 subjects, whereas I had opted for just 2. But
ultimately I stopped thinking about this and focused on my studies. I had the
opportunity to work in various fields during my articleship period. I handled
audits, taxation matters and many technical issues and this exposure helped
me in a big way to clear this competitive exam.”
“Talking about ICAI providing coaching to students, in case the whole concept
is organized properly, it can prove extremely beneficial to students. They’ll
get the same level of instruction, more economically. Also the concept of
Online Coaching would go down well with the students from smaller towns or
those who are unable to enroll themselves for the coaching classes. Also at
times after coaching is over, there is need to revise a topic or few concepts
and in that case, students can just log on to the website and subscribe for
Online Coaching of their favourite teacher. These ideas are extremely
feasible and achievable and can be worked upon for the greater good of the CA
students’ fraternity.”
“The new course is extremely challenging, specially audit, taxes and
corporate law. Take for example, the chain of events that led to the
amendment of a particular section needs to be understood and respective case
laws should be known if one has to score well in these subjects. A thorough
understanding is what is demanded in the new course."
“We often hear that students complain about the evaluation procedure followed
in CA exams. However, allowing access of answer scripts to students (contemplated
from May 2011) will only create havoc. Rather ICAI should bring in more
internal measures to ensure that students are rewarded with what they
deserve."
“On asking her about her preparation strategy, she replied that one should
study in the manner one is comfortable with and not follow others blindly as
the pattern of studying is very subjective. You should go deep into every
subject, you do not need to read ten books instead read one book so
thoroughly that the second reading takes you half the time.”
“Although exam results play a huge role in your career, they are not the
parameter to measure your success in life. I was also prepared that in case
of an adverse result, i’ll keep working and appear for the next attempt. We
all need to keep up the right spirit and the right attitude. We are pursuing
a professional course of the highest expertise level and we should aim at
excelling not just in the technical areas but should also focus on soft
skills such as communication skills, personality, way of speaking and
carrying oneself as all these factors can take you a long way.”
“All you need is a positive, go-getter attitude, and passion for whatever you
take up in life... Results follow”
Sanjhi
we agree with you completely there’s lot which can be done in one life, and
nothing lasts forever. We hope that you achieve what you long for and have a
wonderful professional life ahead!!
Nirmal Jain - CA
Final (Existing Course)- 1st Rank Holder
 ‘Nirmal’ his name defines his
blessedness. From a small town of Rajasthan
where there are no colleges to pursue commerce, his love for the subject
inspired him to move from his native land to Jodhpur. Is this a teaching for all of us,
‘Pursue what you are best in, no matter what the environment provides you!’
While speaking to him we could understand one thing clearly ‘It’s not whether
a person is extraordinary or not, but what he does and how he does must be
extraordinary’. He has an extraordinary determination in his voice and
extraordinary believe in his actions, which we think makes him extraordinary.
Let’s hear about his journey from a student to a Chartered Accountant in his
own words:
“My siblings have also done this, they had no option of studying Commerce in
the town so they went to nearby cities to pursue further studies and few of
them are also pursuing CA. I also had this in my mind that if i have to take
up commerce as my stream of study i have to move from my native town and
complete my studies. Eventually i also took up CA and started working towards
it. I had a very systematic lifestyle while i was preparing for my exams or
even when i was working as an article. I knew i have limited hours in a day
so after keeping aside the 7 hours bracket for articleship, i used to plan
the rest of the day very strictly keeping in mind my coaching hours and self
studies timing. In Final exams as the topics and subjects involved are
critical, coaching is really important to understand the concepts better.
Also the reference books should be limited in number in the sense that do not
follow three to four different books for a chapter this may increase the
confusion and you might waste time on things or issues which are not very
important. Rather stick to references which you find comfortable to
understand and which has concepts well written, this will save time as you
have eight papers in total to study for.”
“Articleship also has a lot to do when it comes to how well you fair in your
exams. I have done my articleship from a very prestigious and renowned firm
in Jodhpur, and
the credit of my result also goes to the working experience that i have
received from my firm in Audit, Corporate Law and Taxation matters. I would
always suggest students to take their practical training very seriously as
they’ll always have an edge over others then. I expected better marks as per
my own evaluation but then never expected a ‘Rank 1’. Somehow the evaluation
has been strict as the pass percentage is really low and many of my friends
are really disheartened as this kind of result was not expected.”
“I have three options in my mind, though till now the only thing i wanted was
to clear my CA Final exams. My family and peers are of the view of me
studying further and taking up IAS, but i have other two options open also-
practice or job. All these decisions i am procrastinating, for i need to
think thoroughly before i take a decision. For now i am completely hooked up
to the endless calls i am receiving, and attending family friends who are so
so happy for me. There has always been an issue that the results are been
scaled/ fabricated but i really don’t think so, this is a professional course
and students should understand the technicality of subjects and not just
blindly blame ICAI for their results. Also to forfeit such arguments ICAI has
declared that students will be able to physically access their answer scripts
after the results are out from May 2011, which clearly shows their honest
intentions.”
“My father has been my inspiration since childhood, he is a self- made man
and i want to be like him, his dedication towards his work and the
disciplined life he follows are his strength.”
“I would suggest students to never start without planning. They should not
get induced by things which their peers are doing, as every person has a
different way of handling their strengths and weaknesses. Also never get over
burdened by choices, stick to the references you are following unless you
find a better option and give equal importance to each subject as every
subject counts and each one of them are technically difficult. He adds that
you can be a CA or a Dr but only with a disciplined life you can be a
successful CA or a Dr or whatever you want to be.”
We wish Nirmal a bright and prosperous life as a Chartered Accountant as
the real race starts now!!
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