UGC will now deal with the Cost Accountant qualification equal to the post-graduation diploma. Candidates with the Cost Accountant (CMA) qualification will now be handled as post-graduation diploma holder and may apply for UGC NET. As per the newest press be aware launched by the Institute of Cost Accountants of India (ICAI), UGC has accepted the request to take into account candidates with Chartered Accountant (CA), Company Secretary (CS) or Cost and Works Accountant (ICWA) qualification equal to postgraduate diploma.
CMA Biswarup Basu, President of ICAI has requested Union Grants Commission to take into account the CA, CS or ICWA i.e Cost Account qualification equal to the postgraduate degree qualification. This consideration was introduced to mild as CAs had been unable to pursue larger research after the CMA qualification.
After this, UGC constitutes a committee to focus on the outcomes. The Commission in its 550th assembly that was performed on February 18, 2021, thought-about the request made by ICAI. After formal dialogue, UGC has landed on the choice to settle for the CMA qualification equal to the Post Graduation (PG) diploma below “CA/ CS/ ICWA Qualification Considered equal to PG diploma”. Now, CA, CS or ICWA college students can pursue larger research together with the PhD in Commerce and Allied Discipl ines mentioned ICAI president in a launch.
Following the press launch by ICAI, the committee additionally tweeted a welcoming message of this choice. The tweet states “The University Grant Commission has resolved that CA qualification might be handled equal to a PG diploma based mostly on requests from ICAI. This choice will assist CAs for pursuing larger research and in addition facilitate the mobility of Indian CAs globally”.
Moreover, after accepting the request made by ICAI, CA/ CS/ ICWA cross college students can even seem for the UGC NET examination. Now that the Cost Accountant qualification is equal to the PG diploma, candidates with CA/ CS/ ICWA are additionally eligible and may submit an software for Union Grants Commission National Level Eligibility Test. UGC NET is a nationwide degree trainer eligibility check for the put up of Assistant Professorship, Junior Research Fellowship for each the Indian Universities and Colleges.
This 12 months, UGC NET Examination December 2020 (going down as UGC NET May 2021) is scheduled to happen from May 02 to 17, 2021. Recently UGC has concluded the appliance kind for the UGC NET examination. The name letters for this nationwide degree examination might be out subsequent month on April 15, 2021. Candidates collaborating this 12 months can obtain UGC NET admit card and different updates through the official web site.
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