Is Pursuing BCom and Corporate Secretaryship Simultaneously with CA Feasible?
Is Pursuing BCom and Corporate Secretaryship Simultaneously with CA Feasible?
The pursuit of a Bachelor of Commerce (BCom) degree alongside the Chartered Accountancy (CA) program, or simultaneously with Corporate Secretaryship (CS), is a common question among current and prospective students. This article aims to guide you through the challenges and benefits of this dual-track academic journey.
Understanding the Career Paths
Firstly, it is important to clarify the exact degrees or courses being referred to. You mentioned 'BCOM corporate Secretaryship,' which typically refers to pursuing a BCom degree while also considering a Corporate Secretaryship career. The company secretary course, often referred to as Corporate Secretaryship (CS), is a professional qualification that is distinct from Chartered Accountancy (CA).
While BCom (Bachelor of Commerce) is a common undergraduate degree, the CA (Chartered Accountancy) and CS (Corporate Secretaryship) are professional qualifications that often require additional certification and specialization. Completing these programs simultaneously can be quite challenging and may hinder your overall performance in either of the professional qualifications.
Is Piling Up the Pressure Beneficial?
The general consensus in the industry is that it may not be the most efficient use of time or resources to pursue BCom and CS simultaneously. The reason behind this is the significant overlap in subjects and the demanding nature of both programs.
Many students who aim to become Chartered Accountants prefer taking specialized courses in accountancy, auditing, income tax, costing, business management, commercial laws, and business mathematics. These subjects are typically included in the Chartered Accountancy program and are designed to provide a comprehensive understanding of financial and managerial accounting.
Corporation Secretaryship, on the other hand, requires specific qualifications like the Accredited Company Secretary (ACS) certification. This means that while studying a BCom can be beneficial for building a strong foundation, it may not cover all the necessary subjects and practical skills required for a Company Secretary role.
Strategic Approach for Career Success
Rather than embarking on a dual-track academic journey, it is often recommended to first complete the CA program and then, if the career opportunities align, consider pursuing Corporate Secretaryship. This strategic approach allows you to build a solid foundation in accounting and finance, which are essential for a successful career in the financial sector.
Moreover, if you find that your career path is leading you towards a role that requires a Corporate Secretary qualification, you can then focus on additional study and certification in ACS. The same applies to students who aim to become Chartered Accountants; they can complete their BCom degree and then proceed to the Chartered Accountancy program.
Conclusion and Additional Resources
In summary, pursuing BCom and Corporate Secretaryship simultaneously with CA is challenging and may not be the most effective approach. Focusing on completing the CA program first and then considering Corporate Secretaryship can lead to a more coherent and focused career path. Consider speaking with a career advisor or professional in your desired field to get personalized advice and tailored resources.
Key points to remember:
Specialized courses and focused study: BCom subjects can be beneficial but are not necessarily comprehensive for CA and CS qualification requirements. Sequential progression: Completing CA first, followed by additional studies for CS, can provide a stronger foundation and better career prospects. Consultation with experts: Seek guidance from industry professionals and career advisors to make informed decisions.