Never miss a story

Get subscribed to our newsletter


×
CA and CS to be equivalent to post graduate degree. Pixabay

Students who qualify for Chartered Accountant (CA) and Company Secretary (CS) will now be considered equivalent to those who have completed their post-graduation degrees. As a result, those who have completed CA and CS can appear for the University Grants Commission’s (UGC) NET examination and will also be eligible for a Ph.D.

In a statement, the Institute of Company Secretaries of India said on Tuesday: “Acting upon the Institute’s proposal, the UGC has accorded the status of a post-graduate degree to Company Secretary. The decision will benefit the company secretary profession everywhere in the world. We are grateful to the UGC for this.”


Follow NewsGram on LinkedIn to know what’s happening around the world.

The UGC has arrived at the decision upon the request of the Indian Chartered Accountants of India, the Institute of Company Secretaries of India, and the Institute of Cost Accountants of India. Talking about the decision in a letter, UGC Joint Secretary Surendra Singh said, “The UGC had received this application on behalf of CAs, company secretaries as well as cost accountants. In their request, they had sought a status at par with those having comp.

ALSO READ: UGC lists 23 ‘bogus’ Indian universities, state govts taken a back over their existence

After receipt of their application, the UGC constituted a special committee for the same. The application was accepted during the 550th meeting of the UGC.” In their proposal to the UGC, the nodal certification bodies had argued that students who have cleared CA and CS have already attained a high level of education. Compared to M.Com and MBA, the curriculum of ICWA students is much more elaborate. Despite this, such students are not considered at par with students having completed their post-graduation and not eligible for higher research.

Taking a positive decision in the favour of those having completed CA and CS degrees, not just has the UGC accorded them a status equivalent to PGs but also provided them equal opportunities to pursue a doctorate in the form of Ph.D. These students can also join the teaching profession after clearing the UGC NET exam. (IANS/SP)


Popular

IANS

South Korea remained the No. 2 supplier of popular content to Netflix in the fourth quarter of last year.

South Korea remained the No. 2 supplier of popular content to Netflix in the fourth quarter of last year, US online media have reported. According to What's On Netflix, a private online site that provides information on Netflix content, on Wednesday (US time), South Korean-made shows accounted for 11.8 per cent of the top 10 films and TV series in the final three months of 2021.

ALSO READ: Lessons Learnt From Squid Game

Keep Reading Show less
IANS

There has been a significant growth in adoption as well as deepening of digital payments across the country.

There has been a significant growth in adoption as well as deepening of digital payments across the country, showed the Reserve Bank of India - Digital Payments Index (RBI-DPI) on Wednesday. Accordingly, the index reading for September 2021 rose to 304.06 (index value) from 270.59 in March 2021. "The RBI-DPI Index continues to demonstrate significant growth in adoption and deepening of digital payments across the country," the RBI said in a statement.

Starting from March 2018, the index stood at 153.47 in March 2019, 173.49 in September 2019. This improved to 207.84 in March 2020, 217.74 in September 2020 and further increased to 270.59 in March 2021. Earlier, the RBI had announced construction of the composite index with March 2018 as a base to capture the extent of digitisation of payments across the country.

Starting from March 2018, the index stood at 153.47 in March 2019, 173.49 in September 2019. | Wikimedia Commons

Keep Reading Show less

HUH Token is the altcoin trailblazer that launched a little over a month ago.

After an embarrassingly slow start to the crypto new year, the tides of the crypto machine are starting to change and with it, the investors of Avalanche and HUH Token have received some rather spectacular rewards.

The cryptocurrency market this week saw value increases of over 20% and that’s enough to signal to any crypto investor that things are going better in the crypto sphere than last weeks value increase percentages, which, for the most part, were on a downtrend.

Keep reading... Show less