There shall be three hands-on courses, unless exempted, to be completed at various stages of qualifications as follows:

  1. Presentation and Personal Effectiveness (PPE)
  2. MS Office
  3. Data Management and Analytics; or Fin-Tech

Hands-on courses on PPE and MS Office shall be completed:

(a) any time before the commencement of training by the persons joining training on CAF basis on or after 01 March 2023.

*Provided that students joining training from 1 March 2023 to 31 August 2023 shall be required to complete the hands-on courses on PPE and MS Office before 31 August 2023.

(b) any time before attempting CFAP by the persons joining training on a graduation basis on or after 01 March 2022.

Hands-on courses on Data Management and Analytics or Fin-Tech shall be completed any time before attempting MSA.


The article-ship starts after qualifying all 08 papers of CAF. The duration of article-ship is 3.5 years paid practical training phase that allows students to work on audit & accountancy assignments for various companies.

Students get eligibility to appear in CFAP Exams after completing 1 year of practical training.


CAF Passed or equivalent thereto (Training period 3.5 years)

CriteriaRupees per month
On Commencement of Training19,300
On Passing any three papers of CFAP26,200
On Passing all papers of CFAP/any three papers of CFAP and one MSA36,400
On Passing all the prescribed examinations required to become member of the Institute72,400