Golden opportunity for career in MSME sector, application for ICAI’s Corporate Mitra program started

Corporate Mitra Scheme 2026: If you are a graduate and want to make a career in the field of accounting, taxation or finance, then there is big news for you. Actually, the Institute of Chartered Accountants of India (ICAI) has started the application process for the Corporate Mitra Program from July 15. Interested candidates can apply till 31st July. The objective of this program is to prepare such trained para-professionals who can assist the micro, small and medium enterprises of the country in tasks related to accounting, taxation, financial management and compliance.

This program was announced in the Union Budget. Under this, the government had jointly given the responsibility of preparing professionals for the MSME sector to ICAI, ICSI and ICMAI. Under this initiative, ICAI in collaboration with IIT Madras has started this course on the SWAYAM Plus platform.

Who can apply?

Any citizen of India who has graduated from a recognized university can apply for this program. Students studying in the final year of graduation are also eligible to apply, but they will get the certificate only after they successfully complete their degree. The age of the candidates applying should be between 20 to 30 years. The Corporate Mitra course has been made available on the SWAYAM Plus platform. A fee of Rs 3000 has been fixed for this, on which 18 percent GST will have to be paid separately.

150 hours of study and 6 months of training

This program will be conducted through IITM Pravartak. It will have a total of 150 hours of study and has been made creditworthy under NCRF Level 5.5. After completing the training, candidates will also have to undergo 6 months on the job training. Only after this the process of final evaluation and certification will be completed.

What will be taught in the program?

This course is divided into 6 major models. It includes subjects like Accounting, Taxation, Banking, Financial Management, Legal and Secretarial Practice and Cost and Management Accounting. In the accounting module, preparation of Journal, Ledger, Trial Balance, Bank Reconciliation, Profit and Loss Account, Balance Sheet and Cash Flow Statement will be taught. Besides, digital tools like MS Excel and Tele will also be used. In the taxation module, information about the processes related to income tax, tax return filing, TDS, TCS, advance tax and GST will be given.

Whereas in the banking module, the focus will be on banking system, credit requirements, digital banking and financial technology for MSMEs. In Financial Management, information about analysis of financial statements, working capital and necessary documents will be given. The Legal and Secretarial module will include information related to Company Law, MSME Registration, Labor Code, Board Meeting, AGM, SEBI Rules and MSME Online Dispute Resolution Portal. Whereas in Cost and Management Accounting, subjects like costing, budgetary control and standard costing will be taught.

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This is how the evaluation will be done

After completion of the course and 6 months on the job training, candidates will be assessed through a centre-based MCQ examination. The examination will be jointly conducted by ICAI, ICSI and ICMAI. Candidates who succeed in the examination will be given a verifiable certificate of SWAYAM Plus. Those who are not able to pass the examination will have to register afresh and pay the fees for the entire program as there will be no facility to re-appear in the same assessment.

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