I do agree with you all , this discusion needs' to be stopped.. Long before , CA. N M Mondkar (NM ) had asked to end this discussion as it was getting out of hand , but unfortunately " the argument continued ".. I hope it stops' now.. !!!

Knowledge wise, MBAs are streets behind CAs. But MBAs score over CAs in emotional intelligence and communication skills though there are few exceptions...

Dear Freinds, I must share my own experinece with your goodselves. I have good no of freinds/clients who are IIM Graduates in finance. I too have have freinds who are CS/ICWA. I would like to specify dear freinds there is nothing to fight about CA/CWA/CS. Actually it appears that some MBAs feeling belittled as is usually the case vis a vis a CA/CWA/CS they have tried to incite a dirty fight among the professions. I must tell/share with u my IIM freinds too often come to me for advice and consulations for their official matters on finance/accounts/taxation/legal matters and even on business matters and they always been feeling gratified by such consultations/advice as I had been giving them. This is just a dirty politics incited by so called prejudiced members of some profession but actually there is no competitions or fight/fear. We all are esteemed members of esteemed professional bodies(ICAI/ICWAI/ICSI) and it is ununderstandable why we should be acting on suct incitements. Just remember the professional degree is no passport to success. It is just a platform and the building had to be constructed by us on our own effort. Remember, there is no shortcut to success. Only Hardwork pays. I would also like to pointout How so ever dense the fog is sun always come and shine. Remember brilliance will always shine. Best Wishes CA KAPIL MITTAL

Chartered accountant is one who is specialised in accounting, auditing and taxation. He also serves as a management and corporate caretaker. In recent times, accountancy has become popular as a profession. The services of a CA is required in money matters even in a small business . Moreover according to the Company Act only CA's in professional practice are allowed to be appointed as auditors of companies in India.

@ Deep according to the Company Act only CA's in professional practice are allowed to be appointed as auditors of companies in India. - R u taking only for Statutury Financial audit only? Cas are allowed only as financial Auditor not as statutory Cost Auditor.

I'm feeling terrible that we have such immature minds in our midst, discussing such random infructuous topics. I really am worried now about quality of future CA's (though the immature students can be excused, but qualified CAs like Nikita & Shankar and.......). You people are hopeless...especially your english!! ;)

Why the hell are we starting this whole discussion again.. ???? Come on guys'.. Move on..!!!

MBAs are just thriving on a hollow hype which will lose its sheen one day. A CA is rock solid on concepts which can just blow an MBA over. MBAs know only to run thier mouth, but CAs are the ppl responsible for an error free and reliable set of financial statements which the MBAs use for their SO CALLED ANALYSIS, SCRUTINY, ASSESSEMENT......oooffff what not.....the management guys cant possibly learn all that we have learnt in 2 years. I believe all this is due to hype that is given by the media. CAT is just another normal entrance exam..then why all the hype around??...and one last thing..the ICAI is the world's second largest accounting body after the AICPA and it is unanimous in its degree..not like an MBA whcih has multiple standards set by the IIMs themselves which leaves me no room to talk about the private institutions... so all those ignorant souls who have voted in favour of MBA and claim it to be superior can , by all possible means, retract their words...!!!

ca's lag in presentation skills where the m.b.a moves up

Everbody knows the fact who is great. So let us stop the discussion now. There is no need to prove who is best. The world knows.

please dont compare. CA- Core competence in finance & Acoouting. MBA- Generalised Knowledge of entire business. Example- CA= neurologist MBA- General Physician Both have their role to play. No one can play the role of other.

Hello Mr. Shashwat, CA institute also has done lot of politics. So you need not talk about ICWA institute. Ofcourse all these institutes will have to improve the way they work. Ultimately individual talent matters a lot. I have seen many CA who are extreamly poor in communicating. If you cannot communicate well what is the use of your qualification. It all depends upon the individual talent. I have seen both brilliant CWAs and junk CAs. I know how many CAs have come out with dummy articleship. Also remember one thing. The subject "Finance" is not the adopted child of CAs.

@ Shiva ,

I didn't understand even one word that you are trying to say..!!!

It's no point to discuss this topic further as it has been decided to end this discussion .. Moreover the topic was regarding CAs v/s MBAs & not CAs v/s CWAs..

 

One thing everyone overlooked here is that an MBA is a multi-disciplinary qualification unlike a CA.A CA is simply an accountant by whatever name called and how-muchever-money he commands.He cannot be an engineer or a scientist or a doctor but an MBA is that all and many more...so If a CA commands more it is out of his singular skill of accounting...he can run a bus as a conductor of a bus not as a driver and definitely not a mechanic and this an MBA can do even if is from other stream with his finetuned skill-set.MBA is altogether on a different plane letus accept and stop comparing...FYI a CPA or CMA in USA do not command respect internally in business in USA unless he is an MBA and a CA in india is not an uptake qualification for a engineer or a doctor and would never be so for times to come.

  @ RANI

First of all I think you should get your concepts' cleared... I hold a CA & a MBA qualification.. Please , don't suggest that a CA is not a " doctor " or an " Engineer ".. Each & every qualifiaction has a market viability .. We MBAs specialise in various fields' like Finance , Marketing , HR etc.. Similarly , CAs , specialise in the field of Accounting , Auditing & Taxation ( These are the core areas' of a CA ).. MBAs are given the requisite training to manage the bussiness & make it marketable while CAs are assigned the important role of internal evaluation  ( without which an organisation cannot work ).. Moreover saying that a CPA  , CMA ( CIMA ) have no market standing unless they hold a MBA , just highlights' the ignorance on your part about assessing these internationally regonised qualifications'..

Warm Regards' ,

NM