Art and Science of Joining Right Firm for Articleship - 2019 - CA Pritam Mahure
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This document provides guidance to CA students on selecting an articleship firm. It discusses factors to consider such as the size, location, and type of firm as well as timing of joining. The document emphasizes focusing on practical learning over earnings and highlights habits of successful interns like being proactive, thinking critically, and setting high standards. The overall message is that articleship is about more than just a job - it is an opportunity for personal and professional growth.
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Art and Science of Joining Right Firm for Articleship - 2019 - CA Pritam Mahure
- 1. Articleship - Art and science behind joining the right firm! CA Pritam Mahure
- 2. Every IPCC student be like!!!
- 3. But, Have you factored in? After one or both groups Location of firm Small, Medium or large firm Generic or boutique firm Stipend Office timings Classes, College Exam leaves Industrial training Transfer ( God forbid this situation)
- 4. When to join? After clearing one Group • Pros • Advantage of starting early • Cons • Focus could be divided between studies as adjusting to office environment • Not many firms prefer one Group cleared candidates After clearing both Groups • Most firms prefer both Group cleared candidates • Focus on practical learning (as final exams are after approx. 2 years)
- 5. Your future Principal be like distance doesn’t matter!
- 6. Distance to and from firm! Small town vs non-metro vs metro • Given pace of change, students prefer metro or non-metro • Cosmopolitan culture helps in learning • Opportunity to learn from peers and friends • Better coaching facilities (could be debatable with virtual coaching!) • Better exposure to student activities/ conferences Near hostel vs near classes • Distance is a relative concept – Everyday you should feel happy to go to office else small distance will also feel pretty long! • Distance may not be critical criteria • Equal preference to be given to practical learning in office
- 7. Type of Firm
- 8. Small medium at large! Small vs medium vs large • Each firm has own advantages • Choice should be dependent on understanding of concepts and process oriented approach
- 9. Decision should depend on? Is the work/ task procedural in nature? Who will be your mentor? How many articles are there in the firm? Is there a learning matrix in the firm?
- 10. Work expectations! Accounts Auditing Advisory and litigation Assist in key decisions
- 11. Traditional approach ! Job Starting own Practice Practical approach Learn every thing Mid Size Firms Specialisation Industry Big 4s What do I need to do after becoming a CA
- 12. Have you factored? Blockchain, Artificial Intelligence, Machine Learning, Robotics etc Increasing preference to systems over people Alignment with other professionals
- 13. Modern approach! Whether jobs or practice will remain relevant in 2022? Start up? Business Advisor/Consultant Other? Think
- 14. Other factors Stipend • Learning should be focus and not earning (unless candidate has financial challenges) Classes, College • Most firms allow Exam leaves • Most firms give enough exam leave Thought leadership at firm Online footprints of the firm Industrial training • Consulting experience should be preferred!
- 15. Way-forward Set up goals Aim to be a leader and don’t set limit on what you can achieve! Consult with peers, teachers, CAs Analyse available options Arrive at right decision!
- 16. Senior Article – Welcome to the firm you will enjoy a lot here! You – Sachi, kha meri kasam... Senior Article -
- 17. Joined the firm – But, is it the end? How much you learn, depends on your own attitude! Align with seniors and their methodology to work! Work pressure is going to increase further! Exceed expectations! Think ahead! Learn, make friends and have fun!
- 18. Keep the distractions away! When away from social media for a day! Remember what Zakir says!
- 19. Prepare a life ‘balance’ sheet! Family life Friends Love life (?) Work life! Social media is not life! Health New technology How I can help someone! Team building! Personal branding! Conquer fear, one at a time!
- 20. Koi bhi firm perfect nahi hota, use perfect banana padata hai! Instead of cribbing, invest anger in creative solutions! Ask yourself, can you can do it better! Share your thoughts with your seniors Ask for feedback
- 21. Habits of successful Articles/ Interns!
- 22. Habits of successful articles! Never be an expert! Don’t be ‘Finalist’ – Don’t have titles Think! Think! Think! Doubt! Doubt! Doubt! Be original! Be pro-active
- 23. Habits of successful articles! Focus! Be creative! Keep the child in you alive B + Set high standards for self Try – No one learns swimming by reading!
- 24. Habits of successful articles! Be above the things than in the things! Maintain momentum! Don’t ignore ‘small’ advises of seniors around you! Ask for help! Don’t miss opportunities! Don’t start enjoy luxuries of life!
- 25. Habits of successful articles! Work for learning (not earning!) Have problems? Its goods, as adversity makes a legend!
- 26. 2 minutes of silence for students who thinks “IPCC ke baad life chill hai…”
- 27. Thank you ! CA Pritam Mahure (Pune) For guidance on Articleship, we are happy to help! Join us for Student Seminar at Pune on 05.02.2019 Mentor team Mentor team Pritam.mahure@lawgical.in/ +91 9920644648 Bhargav.amuru@lawgical.in Vaishali.Kharde@lawgical.in Sajana.kumavat@lawgical.in Jaishree.kaltari@lawgical.in Lavesh.solanki@lawgical.in Shruti.golecha@lawgical.in Pooja.bora@lawgical.in Sahil.tharani@lawgical.in Pooja.sharma@lawgical.in This presentation is for student guidance purposes. Pics, dialogues, songs etc are work of respective rightful authors.