ICAI’s new curriculum will ensure CA students become global professionals (Representational image)
ICAI has realigned its curriculum with the National Education Policy 2020 to include multidisciplinary learning and credit accumulation and transfer.
The Institute of Chartered Accountancy of India (ICAI) is all set to launch new Chartered Accountancy courses for CA Foundation, CA Intermediate and CA Final levels in July. ICAI President Aniket Talati revealed that the new syllabus will be launched in July after the Centre’s approval. He said that the new course would be launched on the occasion of 75th anniversary of ICAI.
ICAI’s new curriculum will ensure that CA students become global professionals. ICAI has re-aligned its syllabus with the national Education Policy 2020 to include multidisciplinary education and credit accumulation and transfer. This essentially means that a student will now be able to appear in one or two papers to get credit and qualify.
“The new syllabus will have subjects like Indian Constitution, Philosophy and Psychology which are in line with NEP 2020. We are going to test the students on multidisciplinary aspects as we do not want it to be rote learning but a strong practical application-based learning. Credit transfer will be enabled through MCRA, with which a student will be able to appear for one or two papers to get credit and qualify,” Talati told Careers360.
Students now have the option to learn and qualify at their own pace as ICAI has introduced self-paced online modules. This will provide flexibility in the preparation of more than 7.5 lakh CA students who are currently registered with the institute.
In his interview with Careers360, Aniket Talati also spoke about how ICAI has tried to integrate technology with the new curriculum. ICAI has also started training registered members on emerging technologies such as Data Science, Artificial Intelligence and Blockchain. These important techniques will be included in the new syllabus. Also, technology will be part of all the papers. It can be said that the proposed curriculum focuses more on skill-based learning so that commerce graduates acquire the right skills.
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