CA's better decision maker as compared to MBA's

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CA’s better decision maker as compared to MBA’s

Chartered accountants, the nuts-and-bolts professionals in the world of finance, are scoring brownie points over suave MBA finance graduates as India Inc gets increasingly risk-averse in a post-slowdown environment.

 

Companies are focusing more on risk-compliance than pursuing ambitious targets as they recover from an 18-month economic downturn, paving the way for recruitment of more CAs, perceived to have core competence in financial matters.

 

Thus, CA’s are currently being accepted as business leaders who could take up roles beyond auditing and financial management. While MBA’s are being hired for purely sales, marketing or international trade functions, CA’s are increasingly being looked upon as decision-makers.

 

CA’s have an edge over MBA 

 

§  Chartered Accountants are superior to MBAs. They are already groomed for three years during articleship in training with auditors and can start working from day one

 

§  Corporate India getting cautious with salaries, CA’s are gaining a natural edge. If companies are unable to afford an MBA from a top B-School, they would rather hire a top CA & look for a management graduate from lower-rung B-schools.

 

 

 

Source >> www.forum4finance.com

 

Replies (8)

 my dear in this practical world performance is count  weather ca mba or even i say ssc or hsc

 

so try to performance form ur first day of job

work, experience & knowledge counts !! not the degree !!

 

I hv seen so many CAs who is not having knowledge of even Final Level... And on the other hand, there are so many CA Final Student who are having more knowledge & experience than Qualified CAs...

  

'' To conclude; CAs will be CAs and MBAs will be MBAs. It is true that CAs value has increased a lot than it was 10 years back. But we still have a lot way to go. ''



WELL, THE VALUE OF EVEN PLUMBERS AND CARPENTERS HAS INCREASED FROM 10 YEARS BACK.... ITS PURELY DUE TO ECONOMIC GROWTH AND INFLATION. A RISING TIDE LIFTS EVERYONE UP. SO ITS NOT THE MAGIC OF THE CA COURSE.

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ALSO, ANY SUCH NEWSPAPER ARTICLE SHOULD BE BASED ON FACTS AND FIGURES. THEY HAVENT GIVEN ANY FACTS AND FIGURES. ONLY THAT SOME BIG 4 FIRM IS PLANNING TO HIRE. WELL, IT IS A CA FIRM. SO IT IS BOUND TO HIRE CA'S ONLY. IF THE ARTICLES TALKS OF SUBSTITUTING MBA'S FOR CA'S SHOW A COMPANY WHICH IS ACTUALLY DOING SO RATHER THAN A CA FIRM ITSELF.

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ALSO, LOOK MORE CLOSELY AND YOU WILL FIND THAT THE ARTICLE ACTUALLY GOES AGAINST COMMON SENSE.

1) Loyalty also tilts the balance in their favour.

I DONT KNOW WHAT BULL SHIT IT MEANS. BUT AS I UNDERSTAND, IT MEANS THAT A CA WHO IS GETTING BETTER PROSPECTS SOMEWHERE WILL NOT SHIFT DUE TO THE LOYALTY FACTOR BUT AN MBA WILL DO SO. WHICH COMPELS ME TO THINK, IS THE ARTICLE PRAISING CA'S OR SAYING WE ARE DUMB ASSES ???

2) If a company is unable to afford an MBA from a top B-School, it would rather hire a top CA.

WELL, LOW QUALITY PRODUCTS ARE CHEAPER THAN HIGH QUALITY PRODUCTS. NO DOUBT ABOUT IT...

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FINALLY, I WONDER IF ITS A PART OF THE IMAGE BUILDING EXERECISE BY THE ICAI. SOUNDS FAR FETCHED BUT STILL, THERE IS A REMOTE POSSIBILITY. JOSE HAS SAID ENOUGH ABOUT SKILLS OF ICAI. WELL, I WOULD NOT ELABORATE ON IT. THE DIFFERENCE BETWEEN THE SALARIES OF MBA'S AND CA'S SAY IT ALL.

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@ Everyone. FOR THOSE WHO STILL THINK THAT THIS ARTICLE IS SOMETHING GREAT AND WHO WILL COMMENT THAT '' CA IS THE BEST '' , '' MBA'S ARE NOTHING '' AND BLAH BLAH BLAH, I HAVE ONLY ONE THING TO SAY -- GROW UP....

only depend upon the experience of the person.and    how its six sense working ok

I feel this article is uninformed and derogatory to Chartered accountants.

Whats the comparison that MBAs are suave and we are nuts and bolts? Its the suave CAs that land the good jobs. 

 

While the heading of the article points in one direction, the entire text reads like an american executive saying

"China is the new India. Ten heads for the price of one!"

According to this article, hiring a CA has been reduced to a cost cutting process.

 

Contradicting the heading of this article, CAs are actually proven DUMB decision makers. Loyalty my foot.

And like Adarsh has said, there is no conclusive proof of anything. Dont generalise this kind of statement.

 

And next time pls dont cut copy paste from the Economic times

Chak de CA

Degree is must to have a job in initial stage only but ur knowledge will decide where ur future will be.......

Feel proud to be CA :) We are because of CA and CA is because of us :) So both of we should proud on each one :)


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