Being in the CA course for the last 4 years got me thinking
that life always has give-or-take circumstances. The Chartered Accountancy
course is one of the top finance professional courses in India and I am in the CA
final level which many students dream of.
Another dream of every CA student in his articleship (3-year Training) period is to increase their stipend.
After looking at a (same age) law graduate’s offer letter
from a recognised listed company of Rs. 15,75,000/- per annum and we are
earning Rs. 1,500/- per month, we all can imagine the next sentence- (Bhai,
hamara kya hoga!)
Today, I want to discuss the psychological effects of the ICAI minimum stipend on CA students.
1. Bro, never compare yourself!
We all have this motto to never compare ourselves with
someone, “It will only bring more sorrow in life.” Let’s be honest, competition
is the motivating factor of 95.56% of people who wake up early and run for
their aim.
Our human society has progressed because we want to create something good that others can't even think of. Without competition, we all will become lazy (Just look at fixed-job government employees)
2. Impact of “Minimum stipend” on CA (aka. our principal)
We have all heard of minimum marks of 33, what if a person with
33 marks gets the same reward as a person with 97?
The word “minimum” itself is devil, a person tends to relax and become lazy when he achieves the minimum level.
3. 1st year – Rocket, 2nd year – Car, 3rd year – Phuss!
Let me be straight, the minimum stipend is not sustainable
for 3 years.
In 1st year, we get the motivation as we are
amateurs and willing to work even 16 hours a day (No worry about money). In 2nd
year we are willing to work but watching our parents still spending money for
us (My whole point to pursue CA was to be self-sufficient). 3rd year
feels like Tihar Jail (No offence intended).
(Views are personal, no intention to deceive anyone's feeling or work)
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