ICAI Residential Programme – Updated
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ICAI Residential Programme – Professional Skill Development
ICAI residential Programme is alternate to GMCS Course. Do you want to know what is all about the Four Weeks Residential Programme Conducted by ICAI. Here we go.
The Common Question : 15 Days GMCS or Four Weeks Residential Programme
I have undergone 6-Week Residential course at Center of Excellence, Hyderabad and I would like to tell you that don’t ever think that you have an option of 15 days GMCS course because that course is damn good. Its a complete different experience and you learn all those things that you haven’t ever learn or even you will never learn in your life. I was in the 2nd batch from 01.12.2010 to 11.01.2011. At the batch end, while certificate distribution ceremony, we participants were asked to make recommendations and what I recommended was that to mandate this course and it was well accepted by the ICAI authorities. Even though cost wise, its too cheap, because the amount that ICAI is charging is actually just the half of the total expenditure incurred per student. Even in campus placement programme, residential students have preferance over other students. I advise you all to do opt for residential course, if you get opportunity.
What says Vivek Gupta (Deloitte)
Doing residential Programme from Hyderabad is like a treat for every CA student. I will highly recommend you to join the same. i would like to share my experience with you. I had joined the 24th batch from 13th June, 2014 for a period of 28 days and believed me those were the best 28 days in my entire CA life. Infrastructure was very good, Faculties were great and above all you will find a batch of students from all over India and a lifetime memory. I can’t say about women participants 😉 but a big YES from my side if you want or planning to join the same. Do join without any second thought.:)
What Says Pranay Maloo
About the It is a very good program, specially when we CA students do not get the kind of personal grooming that other students in good colleges get. The 14 days GMCS program that is usually there doesn’t serve much of a purpose as what it does it make a compact program to help students learn the fine art of good and impacting communication to add value to the degree we have as what a CA sells is his skills but if she or he is not good enough in communication skills, she or he would end up lagging behind when it comes to being a global or corporate level professional.
The same thing, Four week Residential Program tries to achieve, but it gives a much better opportunity and platform to learn and perform. Being in a different city with so many students where each day is a new challenge is an adventure in itself. Surely, it would not be sufficient, but the way it is designed, it would be much more effective then the regular GMCS program.
So, without a doubt, go ahead and join it. And don’t be afraid to be laughed at, if you make a mistake. You are getting a platform to make mistakes now so that you do not make it later.
And Finally What ICAI Says
The programme aims to help the Chartered Accountancy students and newly qualified Chartered Accountants in imbibing the professional skills required for effective functioning in business organisations and the profession. The Programme environment focuses on development of communication skills, personal qualities, interpersonal and teamwork skills, problem solving skills and leadership skills.
Eligibility to Join Residential Course
Only students who have passedChartered Accountancy IPCC/ PCC/ PE – II Examination and pursuing last year of article training or completed Articleship training are invited to join the course. Recently qualified Chartered Accountants, say 2-3 years, are also welcome to join the course.
It is a Part of Practical Training
Under Explanation (1) to Regulation 59 (7) of the Chartered Accountants Regulations, 1988, participation in the Residential Programme on Professional Skills Development will be considered equivalent to undergoing articled training. Thus the period during which the training is undergone will be considered as an integral part of practical training.
Rs. 40,000/- per participant for Four Weeks Residential Programme. The course fee includes tuition fee, course material, boarding, lodging, local field visits (one), etc. Applicants may register by paying 20% of the fees and the balance is to be paid before starting of the course. The payment should be made online using Credit card or Net Banking facility.
Exemption from Fee
As per the decision of the Council, top 10 rank holders of the Professional Competence Examination (PCE)/ Integrated Professional Competence Examination (IPCE) and Final Examination effective from November, 2010 examination onwards are exempted from payment of fees for attending the residential programme on Professional Skills Development Programme.
Exemption from 15 Days GMCS
The students who have registered for article ship training before 1st May, 2012 would not be required to undergo 15 days GMCS course separately. A student who has already paid fees for the GMCS course and has not undergone the actual course may claim the refund of fees on account of GMCS course directly from the region/ branch where such fees had been paid subsequent to the selection in a batch of Professional Skills Development Programme.
Register for ICAI Residential Programme
For Online registration : Click Here
After the registration, candidate has to take the print out of your registration form and send the scan copy at this email id firstname.lastname@example.org and original copy send by speed post/courier to :
The Assistant Secretary,
Board of Studies, ICAI Bhawan,
Plot No.A-29, Sector-62, Noida-201 309.
Please contact below mentioned e-mail id/Phone number for further detail and assistance in this regard:
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