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ICAI CA, CS, ICWA qualifications to be equivalent to PG degree: UGC ICAI CA, CS, ICWA qualifications to be equivalent to PG degree: UGC UGC has announced that the ICAI CA, CS, and ICWA qualifications will now be considered equivalent to a postgraduate degree. advertisement UPDATED: March 15, 2021 19:19 IST UGC has announced that the ICAI CA, CS, and ICWA qualifications will now be considered equivalent to a postgraduate degree. HIGHLIGHTS UGC announced that the Chartered Accountancy (CA) qualification will now be considered equivalent to postgraduate degrees Any student who wants to pursue Chartered Accountancy as a career has to enroll for the ICAI CA Foundation Course ....