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Additional course with ca

Arindam Basu Mullick (CA-IPCC) (45 Points)

30 November 2012

Sir / Madam

I am student of CA IPCC and have cleared Group 1. I would like to know what would be a lucrative career option along with CA. I am not very fond of theory so I am hesitant to take up CS; so my main concern is whether CMA (CWA) would be a good addition to CA as most speak about a combination of CA + CS/CFA/MBA. Will CA + CMA help me in any way in my financial career ?

Kindly advice.

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10 Replies

Jinay (Article) (172 Points)
Replied 30 November 2012

Hi Arindram,

CWA has compulsory articleship of 3 years now. So that wouldn't be a good option when you are undergoing your articleship. Take up CFA along with the same and you will be able to take up Finance in future and your career can expand in the direction of Finance after doing your MBA in Finance.

All the Best.

Regards,

Jinay

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T S D ( ) (236 Points)
Replied 30 November 2012

Hi dear,

My Kind advise would be that "Think about what you desire and what you want to be". With that in mind, Choose a good course. Dont go for lucrative career. Choose your path, Your Career will be lucrative.

Regards,

TSD

3 Like

abhijit nair (Completed CS and pursuing CA final) (99 Points)
Replied 30 November 2012

if you want international exposure do consider the option of ACCA, but remember the exam dates may coincide. Visit www.accaglobal.com/ for more faqs. they also provide exemption for CA course. Do take decision after understanding the pros and cons. Since your are undergoing articleship and may have time left try to improve your skill sets like be proficient in excel etc.After completion go for another course

INDAZAR (Articled Assistant) (301 Points)
Replied 30 November 2012

If you have not completed degree, first complete it.

CWA is a good option but recent amendments like compulsory training of 3 years make it little difficult.

CFA is also considered to be a good option.

Neha sharma (-) (1257 Points)
Replied 30 November 2012

Its not advisable to go for any course along with CA and its better to focus on your articleship...

If you opt for professional courses like CFA after completing your CA, they would be more beneficial to you...

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CA SUNIL SURI (chartered accountant) (353 Points)
Replied 01 December 2012

M.COM.....

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 01 December 2012

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.

2 Like

Back in the Game (a) (1273 Points)
Replied 01 December 2012

CA is ideally sufficient if u wanna make Career in Finance.

Many people in this Forum will suggest u many courses,based on brand of course.And yes it would pay u fat package.

U r perhaps ve been thinking ,companies hiring will ve a good impression abt u based on additional degrees u ve.

i ve something to suggest for u,to take this decision.

1)First think & Realize,wat u wanna do in future.There are many areas Accounts,FM,costing,Diect Tax,indirect tax,laws,Audit including systems Audit.

2)Now lets u wanna make a career in

Accounts-ICAI is the undisputed king of Accounts.Value addition will be IFRS ,US(GAAP) courses.

Finance-has got 2 wings,pertaining to investment,pertaining to business finance.

If investment-CFA(us)

Business Finance-icai 's post qualification course on finance.

Costing-CIMA(UK).

system audit-CISA(US)

Audit-Certified internal auditor(US)

Taxation--icai 's post qualification course on Taxation.

3)i hope u can take better decision now,don jump into a course only because someone s CA advicing u to for a Course.it may be Good For him but may or may not be for u.

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(Guest)

Originally posted by : Deepak
	CA is ideally sufficient if u wanna make Career in Finance. Many people in this Forum will suggest u many courses,based on brand of course.And yes it would pay u fat package. U r perhaps ve been thinking ,companies hiring will ve a good impression abt u based on additional degrees u ve. i ve something to suggest for u,to take this decision. 1)First think & Realize,wat u wanna do in future.There are many areas Accounts,FM,costing,Diect Tax,indirect tax,laws,Audit including systems Audit. 2)Now lets u wanna make a career in Accounts-ICAI is the undisputed king of Accounts.Value addition will be IFRS ,US(GAAP) courses. Finance-has got 2 wings,pertaining to investment,pertaining to business finance. If investment-CFA(us) Business Finance-icai 's post qualification course on finance. Costing-CIMA(UK). system audit-CISA(US) Audit-Certified internal auditor(US) Taxation--icai 's post qualification course on Taxation. 3)i hope u can take better decision now,don jump into a course only because someone s CA advicing u to for a Course.it may be Good For him but may or may not be for u.

seriosly this is the best advice one could possibly give.. thanks for the advice ...

has anybody tried a career change from ca to science or something ?.. which is the best course .. i guess mba,, sadly there is very little info on that..