M.com or cs??? with ca??
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 December 2011
hi, iam aditi pal, doing CA IPCC, completed my graduation in B.COM H from corsp. now thinking about doing M.COM from IGNOU, but what is best to do with M.COM?? can i do CS side by side?? please guide. what then if i do CS, i hav to do double articleship or not????? please suggest.. i am totally confussed
aditi.pal59@gmail.com
aditi.pal59@gmail.com
12 December 2011
instead M.COM can do LLB as well as C.S in my personal opinion...
12 December 2011
Hi,
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.
Combination of LL.B. with CS
With CS qualification you may join LL.B. to convert yourself into a complete package of lagal person. With CS+LL.B. combo you can also get the chance with top management level. LL.B. is a very good combination with CS because overall approach required for both the courses is same.
With additional LL.B. qualification you can easily and confidently handle Legal work/department along with the secretarial work/department. Later on you may be get promoted to legal and secretarial head.
Hope this information help you. You are welcome to share your thoughts.
Thanks
RG
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.
Combination of LL.B. with CS
With CS qualification you may join LL.B. to convert yourself into a complete package of lagal person. With CS+LL.B. combo you can also get the chance with top management level. LL.B. is a very good combination with CS because overall approach required for both the courses is same.
With additional LL.B. qualification you can easily and confidently handle Legal work/department along with the secretarial work/department. Later on you may be get promoted to legal and secretarial head.
Hope this information help you. You are welcome to share your thoughts.
Thanks
RG
Message likes :
1 times
12 December 2011
In my View you are the only person who know what option is best for you because you know your weakness & strength. In my view you should concentrate on IPCC only. Make your goal clear because if you ask which option is better with CA then you will see numerous answers with different option, which leads to further confusion.
Believe in your self and analyse yourself and work hard with free mind and clear vision. If you think you can do CA then you should not doubt your self. one degree of CA is sufficient.....
Wish you best of Luck.......
Believe in your self and analyse yourself and work hard with free mind and clear vision. If you think you can do CA then you should not doubt your self. one degree of CA is sufficient.....
Wish you best of Luck.......
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 December 2011
thank you every one for your opinions.. i really got a way to move ahead. kindly help me little more. if i go for CS, what are the restriction i will be facing while CA as well. and how can i manage both the coures side by side, i mean how similar is CS with CA, can i get any benifit of that??? please do guide me sir.
aditi pal
aditi.pal59@gmail.com
aditi pal
aditi.pal59@gmail.com
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 December 2011
please guide me about the restrictions, if any, doing CS and CA side by side.. what about Articleship in both the courses???
03 August 2024
Choosing between pursuing an M.Com, CS, or other qualifications alongside CA involves evaluating your career goals, interests, and how each combination aligns with your professional aspirations. Here’s a detailed breakdown of pursuing CS with CA, including similarities, benefits, and potential challenges:
### **1. **CA and CS Combination**
**A. **Similarities Between CA and CS:**
- **Overlap in Content**: Both CA (Chartered Accountancy) and CS (Company Secretaryship) cover aspects of corporate laws, governance, compliance, and financial management. The knowledge gained in CA, especially related to corporate law, finance, and accounting, can complement the CS curriculum, which focuses more on company law, secretarial practices, and corporate governance.
- **Skills Development**: Both qualifications develop skills in areas like legal compliance, corporate governance, and financial reporting. This overlap can be advantageous as it reinforces your understanding and expertise in these areas.
**B. **Benefits of Combining CA and CS:**
- **Comprehensive Knowledge**: Combining CA and CS provides a thorough understanding of both financial and legal aspects of business operations, making you a versatile professional capable of handling complex corporate scenarios.
- **Career Opportunities**: With both qualifications, you can handle roles in both the finance/accounting and secretarial/legal departments. This combination is valuable for top management roles where both financial acumen and legal knowledge are required.
- **Enhanced Job Prospects**: Employers may prefer candidates with dual qualifications as they bring added value through a broader skill set, enhancing your chances for senior management positions or roles involving corporate governance and compliance.
**C. **Managing Both Courses:**
- **Time Management**: Balancing both CA and CS requires effective time management. Both courses involve rigorous study schedules and practical training. Ensure you have a structured plan to manage your time between coursework, exams, and practical training.
- **Overlap and Synergy**: Utilize the overlap between CA and CS to your advantage. For example, studying company law for CS can reinforce your understanding of corporate law in CA, and vice versa. This synergy can make studying more efficient and less redundant.
### **2. **Challenges and Restrictions**
**A. **Articleship and Practical Training:**
- **Articleship in CA**: CA requires a mandatory articleship (practical training) of 3 years. This is a crucial part of CA and involves working under a CA firm or organization to gain practical experience.
- **Training for CS**: CS also requires practical training but typically involves a 15-month training period under a CS firm or company. This can be pursued either during the course or after clearing certain stages of the CS exams.
**B. **Conflict of Commitment:**
- **Time Constraints**: Managing articleship for CA and practical training for CS simultaneously can be challenging. Ensure that you coordinate your training schedules effectively with both professional bodies to avoid conflicts and ensure compliance with training requirements.
- **Exam Preparation**: Preparing for exams of both CA and CS requires significant effort. It is crucial to develop a study plan that allocates adequate time for preparation for each qualification while considering your practical training commitments.
### **3. **Tips for Pursuing CA and CS Together**
**A. **Strategic Planning:**
- **Prioritize Exams**: Plan your exam schedules and study sessions in advance. Consider taking one qualification’s exams before starting intensive preparation for the other to avoid overlapping study periods.
- **Utilize Study Materials**: Use overlapping study materials and resources efficiently. Review content from CA exams that may overlap with CS subjects to reinforce learning.
**B. **Seek Guidance:**
- **Mentorship**: Seek advice from professionals who have completed both qualifications. They can provide insights into managing dual commitments and offer practical tips for balancing studies and training.
- **Institutional Support**: Engage with both CA and CS institutions to understand the specific requirements, exemptions, and support available for students pursuing dual qualifications.
### **4. **Other Considerations**
**A. **Exploring Alternatives:**
- **M.Com**: If you are interested in a broader academic perspective, an M.Com degree can be pursued alongside CA. It typically involves fewer practical training requirements compared to CS and might fit better with a busy CA schedule.
- **Certifications**: Consider additional certifications like CPA (Certified Public Accountant) or CMA (Certified Management Accountant) based on your career interests in accounting or finance.
**B. **Career Goals:**
- **Career Path**: Reflect on your long-term career goals. If you aim for senior management roles with a strong focus on corporate governance, the CA + CS combination can be highly beneficial. However, if you are looking for a more specialized path in finance or accounting, additional certifications might be more aligned.
### **Summary**
Combining CA with CS can significantly enhance your professional profile, providing comprehensive expertise in finance, accounting, and corporate governance. While managing both requires careful planning and time management, the synergistic benefits can make it a worthwhile endeavor. Ensure that you understand the practical training requirements and prepare effectively for both qualifications. Seek guidance from mentors and professional bodies to navigate the process smoothly.
### **1. **CA and CS Combination**
**A. **Similarities Between CA and CS:**
- **Overlap in Content**: Both CA (Chartered Accountancy) and CS (Company Secretaryship) cover aspects of corporate laws, governance, compliance, and financial management. The knowledge gained in CA, especially related to corporate law, finance, and accounting, can complement the CS curriculum, which focuses more on company law, secretarial practices, and corporate governance.
- **Skills Development**: Both qualifications develop skills in areas like legal compliance, corporate governance, and financial reporting. This overlap can be advantageous as it reinforces your understanding and expertise in these areas.
**B. **Benefits of Combining CA and CS:**
- **Comprehensive Knowledge**: Combining CA and CS provides a thorough understanding of both financial and legal aspects of business operations, making you a versatile professional capable of handling complex corporate scenarios.
- **Career Opportunities**: With both qualifications, you can handle roles in both the finance/accounting and secretarial/legal departments. This combination is valuable for top management roles where both financial acumen and legal knowledge are required.
- **Enhanced Job Prospects**: Employers may prefer candidates with dual qualifications as they bring added value through a broader skill set, enhancing your chances for senior management positions or roles involving corporate governance and compliance.
**C. **Managing Both Courses:**
- **Time Management**: Balancing both CA and CS requires effective time management. Both courses involve rigorous study schedules and practical training. Ensure you have a structured plan to manage your time between coursework, exams, and practical training.
- **Overlap and Synergy**: Utilize the overlap between CA and CS to your advantage. For example, studying company law for CS can reinforce your understanding of corporate law in CA, and vice versa. This synergy can make studying more efficient and less redundant.
### **2. **Challenges and Restrictions**
**A. **Articleship and Practical Training:**
- **Articleship in CA**: CA requires a mandatory articleship (practical training) of 3 years. This is a crucial part of CA and involves working under a CA firm or organization to gain practical experience.
- **Training for CS**: CS also requires practical training but typically involves a 15-month training period under a CS firm or company. This can be pursued either during the course or after clearing certain stages of the CS exams.
**B. **Conflict of Commitment:**
- **Time Constraints**: Managing articleship for CA and practical training for CS simultaneously can be challenging. Ensure that you coordinate your training schedules effectively with both professional bodies to avoid conflicts and ensure compliance with training requirements.
- **Exam Preparation**: Preparing for exams of both CA and CS requires significant effort. It is crucial to develop a study plan that allocates adequate time for preparation for each qualification while considering your practical training commitments.
### **3. **Tips for Pursuing CA and CS Together**
**A. **Strategic Planning:**
- **Prioritize Exams**: Plan your exam schedules and study sessions in advance. Consider taking one qualification’s exams before starting intensive preparation for the other to avoid overlapping study periods.
- **Utilize Study Materials**: Use overlapping study materials and resources efficiently. Review content from CA exams that may overlap with CS subjects to reinforce learning.
**B. **Seek Guidance:**
- **Mentorship**: Seek advice from professionals who have completed both qualifications. They can provide insights into managing dual commitments and offer practical tips for balancing studies and training.
- **Institutional Support**: Engage with both CA and CS institutions to understand the specific requirements, exemptions, and support available for students pursuing dual qualifications.
### **4. **Other Considerations**
**A. **Exploring Alternatives:**
- **M.Com**: If you are interested in a broader academic perspective, an M.Com degree can be pursued alongside CA. It typically involves fewer practical training requirements compared to CS and might fit better with a busy CA schedule.
- **Certifications**: Consider additional certifications like CPA (Certified Public Accountant) or CMA (Certified Management Accountant) based on your career interests in accounting or finance.
**B. **Career Goals:**
- **Career Path**: Reflect on your long-term career goals. If you aim for senior management roles with a strong focus on corporate governance, the CA + CS combination can be highly beneficial. However, if you are looking for a more specialized path in finance or accounting, additional certifications might be more aligned.
### **Summary**
Combining CA with CS can significantly enhance your professional profile, providing comprehensive expertise in finance, accounting, and corporate governance. While managing both requires careful planning and time management, the synergistic benefits can make it a worthwhile endeavor. Ensure that you understand the practical training requirements and prepare effectively for both qualifications. Seek guidance from mentors and professional bodies to navigate the process smoothly.
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