On Friday, the Institute of Chartered Accountants of India (ICAI) announced the CA (final) and CPT (Common Proficiency Test) results. There was much excitement among the students as they approached the centres to get their results.
From Ahmedabad centre, 2,356 students appeared for the November 2010 CA final exam and 3236 students appeared for the December 2010 CPT exam. The result of CA final (old course) is exceptionally good with 25.9% students passing the examination as against 11.24% during May 2010. The joy was no less for CA final (new course) students with 8.68% students clearing the exam as against 2.93% in the previous attempt.
On the other hand, the result of CPT has marginally gone down to 29.48% for December 2010 as compared to 32.76% for June 2010.
As many as 18 ranks have been secured by CA final (old & new course students). With as many as 11 ranks under the old course, Lokesh Gandhi stood at the all-India level from Ahmedabad centre. Under the new course, with seven ranks from Ahmedabad centre, Ashutosh Agrawal topped the Ahmedabad centre securing 21st rank.
Niren Nagri, chairman of the Ahmedabad branch of ICAI said, "The result for November 2010 attempt has been really good as compared to the previous attempt. The good result has helped the students under old course as those who have failed to clear under the old attempt will have to give exam under the new course from May 2011 attempt."
The results brought happiness to students who attained good results and sadness to many who were unable to clear the examination. "Having secured third rank, I feel extremely happy. I feel that students should set a target and then practice without taking much pressure," said Gandhi.
Most toppers talked about conceptual clarity for clearing the exams. Pradeep Soni, who secured seventh rank under the old course, gave the credit for his success to his maternal grandfather. He said, "My hard work has definitely helped me attain success but I feel that one should just work hard and success will follow."
Jimmy Shah —- 49th rank holder under the new course — feels that "in an examination like CA one has to get serious and has to sacrifice TV, mobile and other leisure activities to get good results."