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How many students passed CA final 2024?

On July 11, 2024 The Institute of Chartered Accountants (ICAI) declared the result for the CA Final May 2024 along with pass percentage.

As we all know that from the last few years’ competition has been increasing. By knowing the pass rate of CA Final exam candidates can understand how tough the exam is and they can make strategies according to that.

If we look at the pass percentage of 10 years ago (2014), then there are only 8% of students who cleared both groups of CA Final exam. 

 

To pass the exam, Candidates need to get at least 40% in each paper and a total of 50% marks. To know about the pass percentage of the CA Final exam read out the full article.

Pass Percentage of CA Final May 2024 exam

The pass percentage shows the number of pass students out of the total number of test takers. Check out the below table for more information.

Groups

No. of appeared students

No. of passed students

Pass percentage

Group 1

20,479

74,887

27.53%

Group 2

21,408

58,891

36.35%

Both Groups

7122

35,819

19.88%

 

CA Final May 2024 Top three Rank holders

Shivam Mishra is one who achieves AIR 1. To know more details of CA Final May 2024 Rank holders check out the below table.

Rank

CA Topper

Marks

1

Shivam Mishra

500

2

Varsha Arora

480

3

Kiran rajendra Singh

477

 

ICAI CA Final Previous Years Pass percentage

Pass percentage of CA Final November 2023

Groups

No. of Appeared Students

No. of Passed Students

Pass percentage

Group 1

65,294

6176

9.46%

Group II

62,679

13520

21.6%

Both Groups

32,907

3090

9.42%

 

Pass Percentage of CA Final May 2023

Groups

No. of Appeared Students

No. of Passed Students

Pass percentage

Group I

57,067

6,795

11.91%

Group II

61,844

19,438

31.43%

Both Groups

25,841

2,152

8.33%

 

Things you should avoid while preparing CA Final

Ignoring ICAI Study material: Many students solely depend on their coaching material and give priority to that material. Ignoring ICAI Study material like RTP, MTP, and past year exam papers is the most serious mistake because in exams, similar questions are asked from the ICAI study material.

Ignoring Revisions: As we know, the CA Final exam is not only tough but also have vast syllabus. If you have completed one topic and move to the next topic without revision then it has more chances that you forget the first one. So, try to revise every topic.

Skipping Study during articleship: Many students feel difficulty to study along with articleship because they feel tired after long day work and did not concentrate on their studies. So, it is advisable to make a daily routine time table so that you can give enough time to your studies. 

Skipping mock test papers: Mock test papers help students to overcome exam anxiety and help to understand the exam pattern.In addition to this, students can analyse their performance and weak areas. If you skip practicing with mock test papers it will lead to failure in the exam.

How to study for CA Final along with articleship?

  • Study Early Morning: try to study in the early morning as our mind is fresh and free from any stress.
  • Study while travelling: use that for revision also you can watch online study videos while travelling.
  • Study at night: Give 1-2 hours to your studies after job
  • Weekends: give some hours from weekends to your study.

Career options after Clearing CA Final:

Work in Big Companies:  After Clearing CA Final exams one becomes CA and has the opportunity to join big companies like E&Y, PWC, Deloitte and KPMG. All these companies hire Fresh Chartered Accountants every year and offer great salary packages and opportunities.

CA Firms: they also have opportunities to start their own firm. Many students choose this option as they can learn better as compared to other options.

IT Industry: They also can start their career by joining IT companies like TCS, Wipro, Infosys, and so on because of great demand. Also, these Companies hire CA’s every year for their businesses and offer a great salary package.

Public sectors: Companies like BSNL, GAIL, BHEL hire Fresher CA from Campus placement. In these organisations, Chartered Accountants are selected according to their marks ranging from 55%-60%.

Working as a teacher: CA has also a choice of choosing teaching as a profession. If they feel teaching is good for them then they can open their own coaching institute or get placed in big institutes and help students to clear the exam.

Conclusion: 

By analyzing CA Final Pass Percentage for May 2024 students can get an idea about the level of difficulty of the exam. Pass percentage also showed a significant improvement in pass rates as compared to last session. In addition to this, students who achieve AIR in CA final exam get benefits as compared to other students.

If you are the one who face difficulty in clearing CA Exam then you should not avoid aforementioned things and read our blog to clear CA Final exam

How do Bhagya Achievers help?

Bhagya Achievers CA test Series Are designed by the CA experts according to the ICAI pattern and syllabus. 

Bhagya Achievers Review Certified answer sheets in which their answer sheet will be evaluated by CA experts and they give proper remarks and feedback for not getting passing marks.

 If any of the CA students feel demotivated, have no idea how to make a study plan, how to restart studies after failure and issues related to anything then he/she will talk to our mentor under mentorship plan and find a solution to their problems.