Should one stop doing CA course after repeated failure?

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Jasveer Singh 7 months 2022-03-02T15:39:57+05:30 1 Answer 3 views Teacher 0

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    2022-03-14T12:09:04+05:30

    A good, as well as the bad thing about life, is – it cannot be expressed mathematically. Good because it makes life interesting, bad because decision-making becomes difficult.

    Whether you should continue or drop out of the course you are pursuing, is completely your decision because you understand your life better. I cannot give you a Mathematical formula or some constant number like Pi. I can only help you with making this decision slightly simpler.


    My Personal Experience:

    A few years back when I was in IPCC and was preparing for my first attempt, this very question was on the back of my mind too. What should I do if I fail to pass in this attempt? How many times should I keep trying if I fail? When should I consider leaving this course? Amongst our group of friends, we also had discussed this topic several times. It used to take two-three hours for us to discuss a topic as simple as “Where should we go for Dinner tonight?” However, when it came to deciding on a number of attempts we should try for before we should actually consider leaving CA course, there was an immediate consensus.

    Here’s my personal conclusion – “I will try for two attempts, maximum three. If I don’t clear, I will drop CA course and pursue something else. Time is money and Career is not dependent on one course. It would be a waste of time to give more than two or three attempts. Besides, after applying full efforts in first few attempts, if I still can’t pass, then it would be wrong to expect some magic to happen in following attempts. Instead, I would happily accept that I am not worthy enough to become a Chartered Accountant. Not becoming a CA, doesn’t mean it is the end of life. There are much more ways to live life and have a decent career.”

    Thankfully, most of my friends including me cleared all levels in the first attempt. A few who were left, cleared on the second attempt and we are all Chartered Accountants today. There were a few other friends who could not clear some group or the other group. They kept on trying for a few more attempts and eventually they ended as dropouts. However, they repent even today. Instead of trying so much, especially the additional attempts, if they had spent their time in some other course, they could have achieved some other degree at an early age itself. It becomes difficult to step into a new course when you have crossed the normal age, especially with the baggage of past failures.

    So this is what I have experienced. However, your take away shouldn’t be “Two-three attempts”. Our decision was based on our situation and circumstances. Life is not same for all, and therefore the decision will also be not same for all. However, from this experience coupled with my interactions with many students including through Quora, I can give you certain points that you must keep in mind while making this decision.


    Points that you must know while making this decision –

    • You have reached the point of life where you have to take some tough decisions. I completely understand that you have craved for being a Chartered Accountant for years, but if you don’t take this tough decision today, your life can turn even worse. So be prepared to make this decision and also implement it. Remember, leaving something that you crave for is not easy and therefore, a person leaving this course is considered braver than a person who chooses to give another attempt, because you made a more tough decision rather than choosing the most obvious decision.
    • Avoid all kind of suggestions from friends, relatives and sometimes even family. This is your decision. You may consider their viewpoints, but some other person’s viewpoint should not be the sole basis for your decision. In the end, you understand your life and your dreams better than anybody else.
    • Firstly, get certified copies of your recent answer papers. Check if there are any mistakes in paper-checking e.g. answer not checked or totalling mistake. Fewer marks allotted for a particular answer that you consider should have been given more marks, is not a mistake. The examiner has given his opinion on your answer and blaming ICAI will not solve your problem, instead, worsen your situation, so avoid getting into all this.
    • If there aren’t any technical mistakes in Paper-checking, then now go on to analyze what were the reasons you have not performed well. This can be due to following reasons.
      1. You knew the correct answers, but you didn’t perform well because of exam pressure, resulting in silly mistakes, panic, unable to concentrate in exam hall, etc. – Your problem is Exam Stress.
      2. You knew the correct answers, but you couldn’t present it, or couldn’t solve it entirely, or you could not cover your paper. – Your problem is Paper Solving and Practice.
      3. You couldn’t recall the answers, although you had studied the Chapter to which the question relates. Thus, even after studying well, you failed. (Strictly assess yourself. Students think that they studied well, but actually, your best is sometimes not enough. Take help of someone unbiased, to assess your study methods and plans and see if you had really studied well.) – Your problem is Revision.
      4. You solved the question wrongly, or you could not answer many questions correctly because your concepts were not clear. – Your problem is understanding.
      5. You could not solve the majority of the paper because either you had not studied those chapters in depth or you were not able to understand those chapters in entirety. – Your problem is Motivation.
    • Please be very fair in deciding the above reasons, if you think too highly of yourself, you are going to end up giving another attempt, fail one more time and then become a depressed person or repent for wasting important period of your career.
    • Now understand this here itself, if your problem is more towards the end i.e. (e), bigger is your problem. Vice versa, if your problem is more towards the start i.e. (a), the minor is your problem.
    • If your problem is (e) as mentioned above, please drop the course immediately (after considering other factors mentioned below in this answer). You may be pursuing this course, but neither your heart wants to do this course and neither your brain is supporting you to do it. It would be in your interest to leave this course and try something that you are interested in. Career decides your life; degree doesn’t.
    • If your problem is (d) as mentioned above and if you had taken Classes earlier, studied properly, but still failed – consider dropping this course. However, if you had not taken Classes, I would recommend you should take Classes and re-appear for one last time. Remember, this would be one last time, give it your heart, brain, and everything.
    • If your problem is (c) as mentioned above, your study methods are not proper. You should consult someone to assess your study method. If you need my help, please direct message me on Quora, I will help you. You need to improve your methods. You can consider giving another final attempt. Remember, this would be one last time, give it your heart, brain, and everything.
    • If your problem is (b) as mentioned above, you should definitely give another attempt and this time with much better preparation along with intense Paper solving. Remember, this would be one last time, give it your heart, brain, and everything.
    • If your problem is (a) as mentioned above, you will repent your entire life if you give up CA course. You should definitely go for one more attempt. However, besides studying you should also look to be more sportive during the exam, less emotional, more healthy and happier during exams. It is quite possible. Remember, this would be one last time, give it your heart, brain, and everything.
    • Now the above-mentioned assessment test is just considering one factor i.e. your studies. However, there are many other factors that should be considered for e.g. financial background and the needs of your family, your age and your ability to study, your other prospects, what are your dreams and how desperate you are to achieve them, etc. I can’t create an exhaustive list of factors, but you know what these factors are. Along with the assessment of your studies above, please consider these other factors too and accordingly make your final decision.

    Conclusion: The decision is yours. I have just mentioned a method to make this decision simple. Opinions may vary because they are opinions and their job is to vary from each other and be unique. Hence, you should decide for yourself. On general terms, I roughly recommend the following as the dropout trigger points:

    • Failed thrice in CPT/Foundation
    • Failed twice in both groups in IPCC/Inter
    • Failed thrice in either of the groups, where one group is already cleared
    • Failed thrice in both groups of CA – Final
    • Failed five times in any one group of CA – Final, where one group is already cleared

    However, the above limits should not be considered as my final advice, since situations of different people vary, and we have many cases where people have passed after appearing for several attempts.

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