The first series of reasons for dropping out from CMA includes five challenges. The reasons are financial issues, lack of knowledge, confidence, time constraints, and learning difficulties. Series two moves towards the challenge of financial issues during studies. It is the common problem for pursuing professional courses. The support from RR academy for this category of students is a concession for students joining for the second time, a scholarship for the students with good marks in the accounting wizard examination, and placement during the intermediate level to manage the expenses. Let us shed light on these three reasons. The readers come under the age group of young and old. The content educates about hardships and the best paths to grow.
Concession for students:
The students take a minimum of three attempts to clear the examination. Passing the course on the first attempt is the outcome of the effort contributed by the student. If the student is a slow learner, he takes three or more three attempts. If the student is not a hard worker, he gets more than three attempts. RR academy takes immense care of slow learners. The fee reduction for re-joiners is to motivate the existing students and new students. Students with All India ranks know well that RR academy is the best. Fast learners and slow learners have different attitudes. The final destination of both students is a professional degree.
Tips for slow learners:
RR academy helps students with slow learning to become successful. An average student benefits from the coaching style of this academy. Sometimes, students with financial problems and social concerns become slow learners. The level of training and hard work change the attitude of the students.
• Slow learners find learning with examples interesting. Rather than monotonous learning, learning with an understanding provokes the reading habit.
• The teacher’s notes are with underlines and strategies to remember names. This tactic help the slow learner to remember the point and name with associated information.
• RR Academy understands the learner’s approach and frames the timetable according to the student’s interests.
• Group studies and assignments help slow learners with mood stability.
• The gap between knowledge and practice educates professional ethics. Slow learners dream about their profession by giving importance to knowledge and process.
• Using mind maps and asking questions to remember valid points help slow learners.
• It is important to set weekly and monthly goals for revision and marks. The model exam marks with counselling help with proper planning.
The qualities of a fast learner:
Studious students understand the subject and learn as per the planned time. Fast learners have the following qualities:
• They connect the concepts with the corporate world. They understand the practical challenges in the subject.
• They understand the different job roles and select the right path for their future.
• They have good communication skills. They talk to diverse people with different job positions.
• Fast learners have good analytical skills. They handle documents and data efficiently.
Scholarship for students:
The Accounting wizard examination opens the world of professional education to different types of students. Irrespective of financial status, RR Academy trap the students. At a young age, money plays a vital role. The financially challenged student enters the course with a scholarship and does their best to clear the professional course. These students also get employment during their studies with a decent salary.
The advantages of accounting wizard scholarship are listed below:
• The accounting wizard examination prepares the students for the foundation-level examination.
• CA Foundation is equally hard as the intermediate and final levels.
• The accounting wizard examination trains the students for the objective type of question paper.
• Students get the practice of learning continuously and strategically by writing accounting wizard examinations.
• CA foundation has objective and subjective papers. CA intermediate and final levels focus mainly on subjective and practical papers. CA foundation and accounting wizard examination, train the students for the objective type of questions.
Placement during the intermediate level:
CMA students work for the article ship training in a big corporate company or PSUs. Their salary is high as they take up industrial training. The advantages of industrial training:
The article ship training or industrial training offers the following skills to the students:
• The student understands the classification of cost with expenses and departments
• Students understand the data derived from software like Tally or SAP.
• The workflows in different departments educate the students about the production, administration, distribution and indirect tax calculations.
• Practical training lays the foundation pillar for the career.
• The students understand the work culture and client base with the practical training.
• The students work hard as the professional environment thrusts professionals and makes them successful.
• Students get a stipend during the training period. This income helps to manage the conveyance and further studies also.
Conclusion:
The Chennai campus placement of ICMAI engaged the following companies: ITC limited foods, ABB global industries and services private ltd, Citco shared services India PVT ltd, OLAM information services, Philips India ltd, Lennox India technology centre, invenio solutions, CEAT ltd, Cap Gemini, Deloitte shared services India LLP, ICICI bank, RSM Astute Consulting PVT ltd., Infosys Limited, Alstom India transport limited, E&Y services PVT ltd, DuPont, Runaya, UBS, Conseroglobal solutions India private limited, and State street services India Pvt Ltd., Money is the motivation and barrier to the students from poor family status. RR Academy understands the financial constraints and arranges the classes accordingly. The placement during and after the study helps the CMA students with financial concerns to pursue the course. CMA is the cheapest professional course when compared to engineering and medicine. The professionals earn equivalent to engineers and doctors after completing the CMA course.