Rahul Aggarwal - AIR 1 CA Final May2015
Rahul Aggarwal

I am CA Rahul Aggarwal. I secured AIR 1 in CA final, AIR 5 in IPCC and AIR 1 in CPT. I came to the field of CA because of my sister Roohi Aggarwal. She also got AIR 1 in CA final in Nov 2011. My father is a businessman and my mom is a homemaker.

My first reaction


First rank was not a surprise to me. I was actually expecting it. I owe this success to my sister and my teachers, who believed in me and showed me the correct path.

Articleship


I have done my internship from Ernst & Young (Hyderabad). Internship was the most valuable and learning experience of my life. It helped me to put the academic knowledge into actual practice. It transformed me from a student into a professional.

Preparation


Preparing for CA final requires a lot of strategic planning and research. I started my coaching 2 years before the exams. I had planned my classes in such a way that I was done with all the classes before study leave. I had done 4 revisions for all the theory subjects and 3 revisions for practical subjects. I had gone through RTPs and suggested answers for previous attempts.

Whether to go for self-study depends upon the subject and your personal interest. I used to find it difficult to start a subject, so I took coaching for all the subjects. If there is a good experienced faculty, then it brings down your personal effort in terms of research, important topics and compilation of important questions.

Strategies


I used to do regular studies for 2 to 3 hours a day for one year before the exams. But during the last 4 months, I studied for 12-15 hours a day. One should go for multiple revisions especially for theory subjects. One of the problem that we face is to what to study in those 18 hours period before the exam. My answer to that would be is to mark important topics and plan in advance for those intervening days. The concepts and things which we tend to forget shall be studied during that time. My sincere advice to students would be to study practice manuals for all the subjects apart from reference books.

Books and e-sources


I had referred only two reference books (Vinod Gupta Sir’s modules for direct taxes and Bangar Sir’s comprehensive book for indirect taxes).

Mock tests


I did not attend any mock test as lot of time goes off in travel but I used to solve past years papers and suggested answers at home.

Rank and preparation


I had always planned my preparation for the first rank. I had anlaysed the marks of rankers of previous attempts so that I could plan the quantum of efforts to be put in individual subjects.

Future Plans


I have not yet decided as there are a lot of diversified opportunities.

ICAI Campus


I still have to complete GMCS-II so as to be eligible for campus interviews.

Advice to fellow students


It is not difficult to become a chartered accountant. It requires strong determination, dedication and will power. Apart from hard work, what is required is proper approach and planning. Just give your best and forget the rest.