Cfa or cma

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 April 2012 Sir, I have completed my MBA finance. Now to boost my career prospect.. shall i pursue CFA INDIA(ICFAI) or CFA(US) or ICWA?? And how its going to boost my career prospects..Sir i dont want to go for CA. Please reply.. thanking you...

VIVEK SHARMA

VIVEK SHARMA (Expert)
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04 April 2012 There is no CFA(INDIA), it is now called as MIFA. CFA (US) is useful from the perspective of investment analysis. ICWA has a totally different focus.

It depends on your choice of career. If you want to make career in the world of investments, you should go for CFA (USA) program.

CA PRAVEEN SINGH

CA PRAVEEN SINGH (Expert)
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04 April 2012 YOU HAVE COMPLETED MBA (FINANCE)VERY GOOD..
AS U SAY YOU DO NOT TO DO CA..SO THAT U CAN DO CWA...DOING THIS YOUR ACCOUNT & COSTING BOTH AREA WILL COVER...
OTHER DEPEND ON YOUR CHOICE....

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Querist : Anonymous

Querist : Anonymous (Querist)

04 April 2012 Thank you praveen and vivek sir, I just wanted to ask you that if i want to have a career in finance then will ICWA provide me any sort of help to grow my career prospects... or if i want to have a career in costing then will mba finance provide any kind of help to grow my career.. Is there any relation in between finance and costing in terms of career prospects??..

Shashank

Shashank (Expert)
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05 April 2012 Yes, there is a difference between costing and finance profiles. You will get costing profile in most of manufacturing and some service based companies. Finance focuses more on reporting, treasury, financial management aspects.

ICWA will help you only if you are considering Costing or Management Accounting Profile in any organisation.

I would like to introduce to a globally recognised course CIMA. It has a perfect blend of management accounting, financial analysis and strategic planning. Since you already have a professional degree (MBA), it will help you to boost your career. Plus this qualification is well recognised by global employers. You need not to stick to a particular profile (Costing or Finance) after attaining this qualification.