FREQUENTLY Asked Questions
Dear Parents & Students,
In last few days, we have been approached with various queries related to Intermediate classes and process. Hope this message will resolve your queries.
Q. When can a student give his first attempt of Intermediate Exam?
Ans : A student can give his intermediate exam after 8 months of registration with ICAI. A student can get himself registered with ICAI only after clearing Foundation Exam. Since the result of Foundation exam is generally declared in mid january, therefore his first attempt for Intermediate exams will become due in November 2019.
So get yourself registered with ICAI after declaration of Foundation exam upto 28th Feb 2019 to appear for November 2019 attempt.
Q. Should a student give one group or both groups?
Ans : It is always recommended to give both groups in 9 months if a student can manage it properly, otherwise he should give one group at a time.
Q. How to manage classes of both groups so that a student can clear exam in 9 months.
Ans : Clearing intermediate exam in 9 months is easy if one makes a proper time planning.
Your first attempt shall be November 2019. Our Cost and taxation classes shall start from 1st Feb and will be completed by 15th May. Regarding accounts, if you are confident to clear foundation exam, you can also start with Accounts recorded batch now. By doing so, you would comfortably complete the subject by 10th Feb. The classes are of 80 lectures of 2 hours each. You can start accounts class even after the result. Regarding law, generally it is seen that student prefer self study. Just purchase a book of Intermediate “Corporate & Other Laws” or download the study material of ICAI and start making your notes.
Right now, we don’t provide classes of Group 2. However group 2 classes generally start from mid of May every year, so you can start them on completion of our classes.
Q. How to decide whether a student has the capability of giving one group or both groups?
Ans : Its very simple. Start with group 1 classes first. Study them with sincerity. By Mid-May, your Cost and taxation LIVE batch would be completed. You would have also completed Accounts recorded batch by then. Try to complete Law by self study.
ICAI conducts Intermediate exams for Group 1 in first week of May and November every year. The exam papers are uploaded by ICAI within a week. Download the May exam paper and solve it. If you find it very easy (Just like foundation exam), then start your group 2 classes from Mid-May. If you find it difficult to solve the questions, then stick to group 1 only.
Q. Which mode of study is preferable: LIVE classes or Recorded Classes or HARDISK classes?
Ans : At M.K.GUPTA CA EDUCATION, we have the vision to give quality education more than making money. With this vision, we introduced all the three modes of study.
If you want to save travelling time, have the habit of studying in night, can study for 6-8 hours at a stretch, then go for HARDISK classes. It’s the recoding of LIVE classes only and you can study it at your home.
If you lack in self discipline and need a proper time schedule which pushes you to study, then you can join our Recorded batch. Under this mode of study, a separate computer with separate headphones will be provided to you. You shall be required to come at the institute at your allotted time and can leave as soon as you complete your lecture. Best part is, even if you come early and computer is available, you can start your lecture immediately. Similarly, if you reach late on any day, you don’t miss anything. You start your lecture as you switch ON the computer. Further, even if you wish to study more than 1 lecture on any particular day, you can view it subject to availability of computer. All such benefits are not available under LIVE classes.
Last, if you are casual and need the presence of teacher and students around you, then LIVE classes are best for you.
IMPORTANT : Under all modes of study, you will have periodical tests to evaluate your performance.
Regarding Queries, just like foundation classes, you can come to institute and ask the queries after the class irrespective of mode of study you prefer.
Q. I am sure of taking classes at MKG but still in dilemma about mode of study.
Ans : Get yourself registered for all subjects and start taking Accounts recorded batch. By the time your foundation result is released, you would almost complete your accounts and get a complete picture of Recorded batch. So you can decide the mode of study of other two subjects.
Q. Is there any concessional fee for students securing Rank at Foundation level?
If you secured a Rank at Foundation examination, Your complete package of three subjects shall be reduced to Rs.30,000. If you wish to start your Accounts classes now, you are required to make complete payment of Rs.16,000 towards Accounts and registration fee of Rs.5,000 towards costing and Rs.10,000 towards taxation. (Rs.31,000). If you get rank, Rs.1,000 shall be refunded and if you didn’t secure the rank, you shall be required to make the balance payment of Rs.9,000 towards package fee.