Two Mumbaikars are among the top three rankers at the final Chartered Accountancy (CA) exam that was held in May 2017.
Dombivali’s Raj Sheth, 22, topped the exam nationally with an aggregate score of 78.75% (630 out of 800 marks) and Krishna Gupta, 22, ranked third.
“I’m very happy to clear the exam in the first attempt. I have started working with a firm for my articleship and plan to study further before looking for a job,” said Sheth, who graduated in BCom from R A Podar College in 2016 with 87%. His father retired from a diamond industry job some years ago and his two older sisters are in the service industry.
Sheth plans to study in the insurance and finance market for another year before finding a suitable job. “My family is ecstatic,” he says.
Gupta, whose father is a CA also attempted the exam for the first time. The Goregaon resident who lives with his parents and older sister, said, “Since I was studying for BCom as well as CA exams simultaneously, I left Narsee Monjee College after my second year and joined Patkar College instead, since it was closer home. This gave me more time to focus on CA .”
Of the 79,851 candidates who appeared for the final CA tests, 10,276 cleared the exam. The Institute of Chartered Accountants of India (ICAI), which announced the results on July 18, said that 41,373 candidates appeared for Group I test in CA finals, of which 13.82% passed the test whereas of the 38,478 candidates who appeared for the Group II test, 16.2% passed. 34,503 candidates appeared for both groups and 22.98% cleared both tests.
The second all India rank was bagged by Vellore’s Agasthiwaran S who scored 75.25% (602/800).