CA/CS/CWA qualification equivalent to post graduation degree for appearing in UGC-Net
The University Grants Commission (UGC) has resolved that Chartered Accountancy (CA) qualification will now be treated as equivalent to postgraduate degrees. The decision has been made on request of the Institute of Chartered Accountants of India (ICAI), ICSI & ICWA. “This will not only help Chartered Accountants for pursuing higher studies, but will also facilitate the mobility of Indian CAs globally,” the institute said.
In a major decision, University Grant Commission (UGC) has granted the academic equivalence to Chartered Accountancy qualification with the Post Graduate degree. As a result, the CA/CS/CWA members can now pursue Ph.D. in all the Indian universities as against 106 universities, 2 IITs and 7 IIMs which presently recognize the Chartered Accountancy qualification for the specific purpose of registration to Ph.D. Programme.