Yugal Jindle (NA) (27 Points)
15 April 2011Hey..
I am in a very big delima..
I am about to complete my Graduation - B.Com (Hons) !!
Placed in Earnest & Young !!
Query ::
>> I want to further persue my studies with my Job and I am confused in CS vs CWA ?
MY stress... areas are :
# Job Prospects as Growth
# Future Pay scales
# What are the pros and cons of both ? (CS and CWA)
Please help Seniors .. 
I have to decide very soon... and convince my dad for the same..
So.. I have to give him strong reasons.. why and what ?
CA.ViVeK M ACA
(ACCOUNTS DEPARTMENT)
(28544 Points)
Replied 15 April 2011
I tell this decision in turn depend upon what you ultimately want to become. In which area you want to specialise since both CWA and CS are professional course specialising in a different segments. Both have its scopes in various segment
Yugal Jindle
(NA)
(27 Points)
Replied 15 April 2011
Can... you please ellaborate......
Pay matters a lot to me....?
Some people says that cwa is not worthy enough anymore... is this true...?
Ellaborate !!
Ellaborate !!
Ellaborate !!
CA.ViVeK M ACA
(ACCOUNTS DEPARTMENT)
(28544 Points)
Replied 15 April 2011
| Originally posted by : Yugal Jindle | ||
 |
Can... you please ellaborate...... Pay matters a lot to me....? Some people says that cwa is not worthy enough anymore... is this true...? Ellaborate !! Ellaborate !! Ellaborate !! |
 |
What i want to tell you, i have mentioned above. Never take decision on the basis of scope rather your own inside interest and the area you want to specialise. else, you may become a professional but will not be fruitfull.
Vinay B L
(Company Secretary)
(140 Points)
Replied 16 April 2011
Mr Yugal,
Both CS and CWA are rewarding man. You please understand one thing, that the pay depends on your ability to analise and acheive results, not on your qualification. I know a ca who is struggling even for getting 30 thousand and an advocate whose billing is more than one crore per annam.
It's upto you to decide, whether to take CS or CWA. A professional course is the one which will allow you to enter the world of professionals. Once you enter, it's your individual capability which will come to your help.
I even know a lady who is just a B.com graduate - a tax practitioner in Bangalore employed 2 Chartered Accountants under her. So select the course which you want to study.
CS is law oriented course and CWA is accounts oriented. It's up to you to decide, If you are interested in law then join CS or else join CWA.
Regards
Vinay B L
Yugal Jindle
(NA)
(27 Points)
Replied 16 April 2011
I truely appreciate your views... and I totally understand that interest is the driving force !!
This is what was my view a few days ago.. so I choose CWA !!
But..
As you know just because some one is earning more than CA with only B.Com does not mean that one should settle with B.Com over CA !!
Similarly..
I was warned by some people that yes.. you may have interest in Wild Life Photography... but you need to be careful.. So he said that CWA has totally lost its scope today.. no matter what.. according to him CS was an obvious choice over CWA !!
So.. I am not able to understand... What is making that obvious difference !!
I don't want to blindly jump.. into CWA... though what ever may happen but I will try my best abilities with whatever qualifications I will have..!!
Vinay B L
(Company Secretary)
(140 Points)
Replied 16 April 2011
Of course what you told is correct. I will tell you one basic logic, See till the world exists there will be no end for money, as it is the medium of exchange right? Till money exists there will be no end for two professions, accounting and litigation. I think you will agree with me.
In other words there are two things which rule the corporate. One is accounting and another is law. Accounting is required for recording all transations and law is required as all the litigations will find the end only with the help of law.
CS is a branch of law and CWA is a branch of accounting. But to be honoured in terms of respect and earning you must be in top, which you can reach only with the help of knowledge. So again it depends on your area of interest.
Again I will tell you the same thing, if you are interested in law take up CS or if you are interested in accounts take up CWA.
Yugal Jindle
(NA)
(27 Points)
Replied 16 April 2011
I totally agree with you...
I am very eager to follow my interest that is : Accounting !! Therefore CWA no doubt in that !
Hm...
So.. finally..
Only one question remains !!
That is :: (Talking irrespectivce of Interest)
Why these days CS has become more in demand than CWA ? What makes it an obvious choice for many ?
So.. please answer this one also, as I need to know the pros and cons of everything.. that I am dealing with !!
Though.. My Interest will remain a Pro always !!
< ----- Thanks in advance ----- >
Vinay B L
(Company Secretary)
(140 Points)
Replied 16 April 2011
It depends on one's own views. I have not seen even a single unemployed cost accountant or a cost accountat drawing less than 25,000 (freshers).
Basically I am a Company Secretary and now pursuing CWA as i came to know the pros and cons of CWA. Now you have to take a call. Whether to take up CS or CWA or both.
Pralay Chakraborty
(Service)
(482 Points)
Replied 18 April 2011
CAclubindia
