#cafoundationfees

Starting your Chartered Accountant (CA) journey begins with the CA Foundation course, and knowing the CA Foundation fees is essential for planning. Here’s a quick, easy-to-understand guide to the fees structure for the CA Foundation course and what it covers.

What is the CA Foundation?

The CA Foundation is the first step in the ongoing process of becoming a chartered accountant, clicking on fundamental subjects such as accounting, taxation, law, economics, and math. It is administered by the Institute of Chartered Accountants of India (ICAI), and one will have to register in order to sit the examination.

CA Foundation fees breakdown

The CA Foundation fees are simple and usually cover three main parts:

Registration fees: ₹9,000 The cost of the first-time payment for registration to the CA Foundation, via ICAI, is the entrance fee to this course. The fees allow students to get access to online resources, study materials, and other crucial support.

Exam fees: ₹1,500 The next payment is the payment of the examination fee while applying for an exam. Students can choose their examination date either in May or November.

Optional: subscription to journal: ₹200 (optional)ICAI hereby provides the option to students for enrolling in subscriptions, which give them access to news, articles, and resources based on current issues in accounting. Total CA Foundation Fees: ₹10,700 (including optional journal fee)

Additional costs to consider

Other than ICAI fees, the students should also bear in mind other charges incurred, such as:

Coaching fees: A large number of students who take coaching classes are able to do better. The fees imposed by the instructor can be different depending on the program you enroll in and the mode through which the classes are taught.

Study materials: Though ICAI provides study materials, some students may purchase additional books or resources.

Payment methods for CA Foundation fees

ICAI provides a secure online portal where students can register and make fee payments. Be sure to keep a copy of your payment receipt for future reference.

Why understanding CA Foundation fees is important

Knowing the CA Foundation fees helps you plan your finances and ensures you’re prepared for each step of the registration and exam process. Investing in this first step is crucial as it lays the foundation for your CA career.

Start your CA journey with the right support

If you’re looking for guidance, consider trusted coaching options like StudyByTech, which offers expert resources, support, and study plans designed to help CA aspirants succeed.

Ready to begin? Explore CA Foundation resources at StudyByTech!

The fees for the CA Foundation course can vary depending on the type of coaching you choose and the study material you need. Let me break down the typical costs for the CA Foundation:

1. ICAI Registration Fees

Registration Fee: ₹9,000 (This is mandatory for all students registering with ICAI.)

Subscription Fee for Students' Journal: ₹200 (optional)

Exam Fee: ₹1,500 (for the exam application when you are ready to appear for the CA Foundation exam)

2. Coaching Fees

The cost of coaching you choose will vary considerably. Just to cite an example, traditional in-person coaching centers in Laxmi Nagar, Delhi, can include amounts between ₹50,000 for the full program on average.

Of course, training online is more flexible and easier on the pocket. For instance, platforms such as StudyByTech have CA Foundation courses along with expert teachers such as CA Parag Gupta. Through their online or offline platforms, they deliver the pupil with the necessary study materials as well as videos, and this is of a high standard, yet they are more affordable, which is usually around ₹20,000 (online) to ₹28,500 (offline). Check out their discounted CA Foundation courses here:  [CA Foundation fees studybytech)

3. Study Material Costs

ICAI provides study materials as part of the registration fee, so you don’t need to worry about additional charges here. However, some students prefer purchasing reference books or supplementary materials, which can cost an additional ₹2,000 to ₹5,000.

4. Additional Costs

Mock Test Series: Some students opt for mock test series from private institutes, which can cost around ₹1,000 to ₹2,000.

Revision Classes: Optional revision classes might cost extra if you're looking for last-minute preparation support.

Total Estimated Fees:

Depending on your choices (online vs. offline coaching), the total CA Foundation fees can range from ₹20,000 to ₹60,000.