On 13th August, Institute of Chartered Accountants of India (ICAI) has announced Ca Final and Foundation results for May 2019 exams.
Also Read: CA Final and Foundation Pass Percentage and Toppers – 14,185 New Qualified Chartered Accountants
In CA Final exams, Ajay Agarwal (AIR-1) topped the CA finals with the highest marks in the last five year. Last year his brother Atul Agarwal also topped in 2018.
Ajay Agarwal, the 22 year old, has scored 650 marks (82.15%) in the CA final result having old syllabus as the All India Rank (AIR) 1 holder belongs from a middle-class family in Kotputli, Rajasthan and is the second of three brothers. The youngest sibling has appeared for CPT (first round of the CA exams) this year.
His brother had achieved the highest marks in the Audit subject (83 marks) along with attaining the top rank, Ajay has also scored highest marks in ISCA with a score of 94. He secured 5th rank in the foundation, 17th in IPCC and now ranks first across India in CA finals.
Giving the background of family, he is the son of a shop-owner who dedicated himself to studies in the hope of better days.
Agarwal said “My father used to have a shop in Kotputli. But, since my brothers and I would have to travel around 200 km from Kotputali to Jaipur daily for studies and CA internships, we shifted there and unfortunately, my father had to shut it down. We have seen bad days, but my mother (a housewife) has always taught us that only hard work can help us attain a bright future,”
“Thankfully, my brother is working and can support our education,” added Agarwal, who will soon be joining his elder sibling’s firm.
While supporting to his family, he also dreams of creating a coaching centre for underprivileged children.
Regarding CA Exams he said “I wish to create a ‘Super 30’ for students to crack the CA exam. There is a false perception that it is a difficult exam; one just needs focused practice. I, along with my brother, will train underprivileged people in our vicinity to join this profession. One day, we will be on the lines of Super 30,”
Sharing his preparation strategy, he said, “I used to devote two hours to revision daily. I always had a book with me, but in effect, the study hours were eight to nine hours a day. I kept my studies focused and prepared only from ICAI’s notes, without referring to extra books. This made my concepts clear.”