09 September 2013
dear expert,
I'm a c.a. working in a manufacturing industry. I'm interested in doing some course that add value to my career and skills. what shall I do. which course is demanding with c.a . whether it is c.s, cma or cfp. please guide what I shall do
In CCI a frequently asked question is what are the options available after/with CA or CS? So please find below some suggestions. There are many courses which you can pursue with CA or CS. However the choice and decision depends upon many factors like one’s own interest, cost, duration, time devotion etc. depending upon your circumstances.
In this regard I’d suggest you to explore your own interest and then decide what you want to do in future.
SOME OF THE OPTIONS AVAILABLE ARE:
1. CS, ICWA, CFA (US), CMA (UK). These are long term duration with more than 3 years. 2. CPA, CFP, CIA, CISA etc. are medium term duration depending upon the devotion and your level of knowledge. 3. Further there are many certification programmes like, CIFRS, NCFM, CMA (US) etc. NCFM course is conducted by the Indian Stock Exchanges and concerned with security market.
The combination of CA+CFA is good in case the interest is for Investment banking and Portfolio Management.
The combination of CA+CPA is also a good one in case interest is in Accounting and Auditing field.
The Combination of CA+CS is also good. With this combination you will be able to handle Secretarial deptt along with Account and finance deptt. It is also very helpful to take top chances to work with top management.
The combination of CA+CS is helpful in long run to grab top opportunities at management level. CS is a very good combination with CA as far as course content and understanding the corporate environment is concerned.
If you are having CS qualification then you can easily and confidently handle or administer secretarial work/department along with the account work/finance department.
Also focus on the opinion below:
In today’s time ICAI membership only is not enough. To improve the chances of getting quick job after receiving ICAI membership following practical things is necessary to be considered:
1. More than basic understanding of accounting. 2. Good knowledge of ERP, Tally, SAP, IFRS, MIS working environment. 3. Understanding of working as a finance part. 4. Good and practical knowledge of Taxation.
Students preparing for CS course and want to join some additional course can go for LL. B.
As per my suggestion with CS one should go for LL.B. to grab top opportunities at management level. LL.B. is a very good combination with CS as far as course content and understanding the corporate environment is concerned.
If you are having LL.B. qualification then it would be counted as an additional advantage and you can easily and confidently handle or administer Legal work/department along with the secretarial work/department. Later on you may be designated as legal and secretarial head.
My best wishes are always with you. Be humble and be successful.
13 January 2015
Thanks Ankur for your valuable support. I wasn't able to do MBA from a good institute as i had to leave job. And that was not possible for me to do. Now i am working with Reputed Insurance company.
I have started CS. Nw i have to appear for CS executive exam in june.
I have one more query. Can you please tell me whether IFRS course will be an additive advantage for career growth. I have heard of IACT academy. Whether certification from IACT is valuable or only ACCA is globally recognised.
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