As far as the chartered accountancy course is concerned we know that it is considered as very respective proffession if you pursue this degree then you have many choices such as you can work as an auditor, you can work in taxation field and many more. But as far as my knowledge is concerned ICAI has 2 major drawbacks.
1) entry is so easy
As we all know that to clear entrance exam( cpt) is not much difficult to clear.
2) possibilty of passing is very less.
As compared to ipcc and final exams cpt is nothing in terms of hard work