I take immense pleasure in humbly introducing this unique concept of UPACA Gurukul. Having been a CA for the past three decades, it has always been my wish to give back to this wonderful profession called Chartered Accountancy. This profession has given me fame, accolades and more importantly – a sense of true achievement. UPACA Gurukul, my long-standing dream, is my way of giving back to the CA fraternity what it has given me till now.
During my tenure as President of The Institute of Chartered Accountants of India (ICAI) and as an office bearer of ICAI at National and Regional levels for more than a decade, I have observed one thing prominently – the ever growing reach and popularity of the CA profession and the increasing influx of students opting for the Chartered Accountancy course has led to mounting pressure on the existing infrastructure, resulting in insufficient facilities as the existing infrastructure has not been able to keep pace with the growth.
This inadequate infrastructure has been a major obstacle for CA students in their path to achieve excellence and success. This also compels CA students to be ensnared by the web of coaching classes and manipulated by their monopoly. This over dependence on coaching classes has allowed their mushrooming wherein the coaching is devoid of personal attention or conceptual knowledge.
I firmly believe that there is a severe lack of alignment between industry requirements, the system of education and facilities available to students. Although the course content and the features like practical training charted by ICAI are aptly suited to industry requirements, students are not able to realize its benefits as effectively as they should.
Coupled with this, students also face many other problems like balancing their graduation course along with their articleship. To add to their woes, they have to attend coaching classes cramped with 400-500 students in a room, wherein the faculty lays more stress on syllabus completion rather than focusing on students’ conceptual clarity and individual development. CA students thus end up wasting most of their time in unproductive activities like travelling and managing related tasks.
Under such circumstances, it is unfair on anybody’s part to expect a CA student to devote time, effort and dedication required for a rigorous course like Chartered Accountancy.
Hence, I strongly felt and realised that there is a need to provide a systematic learning environment for CA students which will include CA courses, graduation courses, articleship, hostel and extracurricular facilities with state-of-the-art infrastructure all under one roof.
- CA Uttam Prakash Agarwal
- Founder, UPACA Gurukul
- Former President, ICAI (2009-2010)