ICAI CA Final November 2023 Results: Madhur Jain, a 22-year-old from Jaipur, is not the first Chartered Accountant (CA) in his family, but he is the first to bag an All India Rank (AIR) 1.
“I have 5-6 CAs in my family, including my sibling who is three years older than me and bagged AIR 6 in his attempt. So having all of them around me helped me stay calm and focused. My paternal uncle, who is in the same field, also helped me stay motivated,” he told indianexpress.com.
Madhur added that having so many CAs in the family helped him skip the research part of pre-preparation time. When it came to which books to refer to, which classes to enrol for, which teachers to take advise from, etc, Madhur had smooth sailing as his cousins had already researched all that before.
‘Tough to memorise everything, revisions important’
The Jaipur boy started preparing in 2019 and used to study eight to 10 hours every day when he started his CA journey, but as the CA Final exam date approached, he increased the study time to 12-13 hours each day. What posed a problem for Madhur was the vast syllabus.
“The CA syllabus is so vast that it gets frustrating. By the time you are done with your coaching classes, everything gets wiped from your memory because it is nearly impossible to remember such a vast syllabus. To overcome this problem, I did at least three rounds of revisions for most subjects but four rounds for ‘Cost and Management Accounting’ and ‘Audit’. The first two rounds of revisions helped me brush up on what I had studied in the coaching classes and the third round helped me retain the important concepts,” he said.
Madhur added that he was scared and not confident about his preparation till a week before the examination, when he realised that he was able to retain the concepts he had prepared, and became confident that he would be able to ace the CA Final exam in November 2023.