The University Grant Commission (UGC) has vide its letter dated 15th March, 2021 announced that the qualifications of Chartered Accountants (CA), Company Secretaries (CS) and Cost Accountants (CWA) will be considered equivalent to PG Degree.
The letter was issued by UGC based upon requests received from the Institute of Chartered Accountants of India (ICAI), the Institute of Company Secretaries of India (ICSI), and the Institute of Cost Accountants of India (ICWAI) to consider the qualification being awarded by them, i.e., Chartered Accountant (CA), Company Secretary (CS) and Cost and Works Accountants (CWA) respectively, equivalent to Postgraduate Degree.
To consider this, a Committee was constituted by the UGC The Commission, in its 550 meeting held on 18 February, 2021 considered the recommendation of the Expert Committee and resolved as under “CA/CS/ICWA qualification be considered equivalent to PG Degree.”
The above will not only help CA’s , CSs and CWAs for pursuing higher studies but also facilitate thier mobility globally.
READ UGC LETTER:
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