The New version of FINPREP covers the study of Foundation and Intermediate levels of the Indian Chartered Accountancy.
One of the most sought after opportunity for students who have chosen the Commerce stream is the Chartered Accountancy program from India. Students have an option to get into the CA program immediately after completing the 12th, rather than the traditional route of waiting until getting a B Com. This means that students have the potential to be a Chartered Accountant by the time they turn 22 giving them an head start in their career as a finance professional.
The Foundation exam is the entry point for a student, which is conducted twice a year, in May and November. The Institute of Chartered Accountants of India permit students to register themselves for the Foundation Course once they complete their 10th Board Exam. They are however, permitted to write their exams only after they appear or pass the 12th Board. Such a student will hence get his first eligibility to take the Foundation exams in May following the 12th Board provided he registers before January 1st of that year. This means that effectively a student has just about 7 weeks to prepare for Foundation after completing his 12th standard.
Considering the complexities of a few subjects in the Foundation exams which are relatively new to a school student, it would be ideal for such a student to prepare while he is in 11th Grade itself or at least in 12th Grade if they want to take up the Foundation in May following the CBSE exams.
We have hence come up with a solution to students who would like to start preparing for Foundation while they are in XI or XII Grade.
Every year, we will commence classes for Foundation in June/July to coincide with the summer vacation.
After the Foundation exams, the students will move to Chennai to attend classes for Intermediate which will start in the immediate June
FINPREP® consists of two segments:
The Preparation for Foundation which will be through Online classes and
While about 70% of the Foundation syllabus is covered in CBSE, subjects like Law, Logical Reasoning are entirely new to students. Moreover, Quantitative Aptitude is a subject in which a student can score high marks if he is taught the tricks of answering multiple choice questions faster. There are a few topics in Accountancy, like Consignment, Inventories, Sale on Approval or Return are not covered in CBSE.
Around 350 hours of online classes will be conducted covering Quantitative Aptitude, Law and select topics of Accountancy and Economics (which are not covered in the CBSE curriculum).
The objective of FINPREP® is not only to instil the importance of concepts while developing students’ skills in attempting objective type of questions, but also cover the topics in Foundation, conduct periodical tests to enable them take the Foundation exam confidently.
2. The Intermediate:
The preparation for the Intermediate classes will be through Offline classes conducted at our premises in Chennai.
Students will undergo 6 hours of classes six days a week. They will have to present in the Academy for further fours for studies under the supervision of the learned faculty. Weekly tests will be conducted. Answer scripts evaluated and feedback given for continuous improvement.
The classes will be conducted for 7 months, leaving students 3 months to prepare for the Intermediate exams.
Hostel facilities will be provided for outstation and overseas students.
+91 – 44 – 24 331 331
Balan Illam, 5th Floor, 43,
Chevalier Sivaji Ganesan Road,
T.Nagar, Chennai – 600017, India