ICAI CA Qualification to be Equivalent to Postgraduate Degree

The CA qualification obtained from the Institute of Chartered Accountants of India (ICAI) will be treated as equivalent to a postgraduate degree. The University Grants Commission (UGC) has given a nod to ICAI’s proposal. ICAI had earlier sought the status of postgraduate degree for CA and graduate degree status for CA-intermediate programmes.

ICAI in an official statement said that “this will not only help CA’s for pursuing higher studies but will also facilitate the mobility of Indian CAs globally.”

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