ICAI CA Final Result Pass Percentage: A Comprehensive Analysis
The Chartered Accountancy (CA) Final Examination, a program offered by the Institute of Chartered Accountants of India (ICAI), is one of the most coveted professional-level examinations.
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India has arguably one of the hardest. In this article, a thorough analysis of the CA Final result pass percentage trends obtained from recent attempts will be provided, as well as commentary for future aspirants on leveraging the competitive landscape that lies ahead.
CA Final Pass Percentage: May 2024
Group I
● Candidates Appeared: 74,887
● Candidates Passed: 20,479
● Pass Percentage: 27.35%
Group II
● Candidates Appeared: 58,891
● Candidates Passed: 21,408
● Pass Percentage: 36.35%
Both Groups
● Candidates Appeared: 35,819
● Candidates Passed: 7,122
● Pass Percentage: 19.88%
The May 2024 results show the candidates performing significantly better than previous attempts, especially in Group II, where the pass percentage was relatively high and may indicate a better exam strategy, improved study material, or simply because exam paper difficulty had changed.
CA Final Pass Percentage: November 2023
Group I
● Candidates who Sat for Exam: 66,987
● Candidates who Passed: 11,253
● Pass Mark: 16.8%
Group II
● Candidates who Sat for Exam: 49,459
● Candidates who Passed: 10,566
● Pass Mark: 21.36%
Both Groups
● Candidates who Sat for Exam: 30,763
● Candidates who Passed: 4,134
● Pass Mark: 13.44%
The November 2023 session was notably lower than earlier sessions, which may relate to several reasons, e.g., difficulty of the exam, candidates’ timing issues, and/or possibly syllabus coverage.
A Historical Overview of Pass Percentages
A review of previous years provides us with a record of CA Final pass percentages, which are, for the most part, erratic (and often don’t move in a consistent direction), typically affected by changes to syllabus and marking scheme, as well as and urgency of the batch.
| Attempt | Group I Pass % | Group II Pass % | Both Groups Pass % |
|---|---|---|---|
May 2024 | 27.35% | 36.35% | 19.88% |
Nov 2023 | 16.8% | 21.36% | 13.44% |
May 2023 | 11.91% | 31.43% | 8.33% |
Nov 2022 | 21.39% | 18.61% | 11.09% |
May 2022 | 21.99% | 21.94% | 12.59% |
CA Final Toppers: May 2024
● Rank 1: Shivam Mishra – 83.33% (500/600)
● Rank 2: Varsha Arora
● Rank 3: Ghilman Saalim Ansari and Kiran Rajendra Singh Manral (tie)
These toppers performed remarkably well for many reasons, including consistency, smart study planning and conceptual clarity.
Overall Insights
It cannot be stressed enough how competitive the CA Final exam is and how consecutively low the pass rate has been.
In May 2024, we saw an uptick in the pass percentages which could mean it's a better paper or that there are better candidates.
Pass percentages in Group II still remain considerably higher than Group I too.
Ultimately, passing the CA Final is about Preparation, Analysis, and Control of time.
By now, you would have seen that the ICAI CA Final examination remains one of the toughest exams in the country, and the inconsistently low to moderate pass percentages demonstrate how challenging this exam remains.
Therefore, candidates must remain updated on the examination pattern, assess their study methods, and make necessary adjustments. It is beneficial to understand how previous pass results can be inferred to help guide aspiring CAs to eventually clear the CA Final and earn the valuable CA designation.
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