I am bit confused right now for my career. I have 8 years of experience in book-keeping and since the starting of my career i only worked at Executive levels. As I have worked in big corporates i managed to get a package of Rs.4.50 lacs due to my stability and work experience but right now I am feeling very insecure about my future cos competition is increasing day by day and qualified professionals are there to work at lower salaries then why the company will keep us on higher salaries. As far as my qualification goes, I have done B.Com (Hons) from Delhi with 50% and PGDBA (Finance) from a Distance Learning Institute with 73%. Now I am thinking of upgrading myself and move higher on education of have a secured future.. basically I am planning to pursue CFA (from ICFAI) or CWA (though confused between them). I am already 30 years old, married and having a kid also. More or less i am inclined towards CWA program.. Will be grateful if I can get some great guidance. Thanks in advance
14 July 2011
Dear Friend, Dont consider your age anytime and relate it with education. Let me tell you a real thing happened. In my town, One person worked in postal department. At the age of 42 he took VRS and joined CA and cleared it in 3 years. He practiced for 35 years and become the NO.1 Chartered Accountant Firm in our town. So dont consider ur age for that.
Now let us come to your case. You can very well do icwa and finish it with in 2.5 years. The practising scope of cwa's are very bright. You can very well practising as a cost accountant and corporate consultant. now cwa's are authorised to sign eforms filed with MCA. So join icwa and be a great professional. ALL THE BEST!
14 July 2011
Thank you sir for your prompt reply... wanna tell you that basically my work is book-keeping but side by side i have also done some stock market courses(NCFMs) and now also am a Technical Analyst (Course done thru Bombay Stock Exchange) though not pursuing the career. That is the only reason why i want to be in Financial Analysis. But again gaining 8 years of experience in book-keeping i don't want to waste my experience and want to attain a higher position in my organisation or any organisation for which I will work. In India, there is no formal education required to analyse the stock markets and other financial markets and when it comes to working under somebody they require to have a higher degree and again the pay scales are very low cos i have to start afresh. I need income security than anything else and for that I want to be a CWA cos this will be a professional qualification and will stay with me all my life.
CAclubindia
