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Dilemma after MBA Whether to go for CA

Praveen Kumar Reddy (Trainee) (24 Points)

20 March 2008

Hello friends,

I came to know abt this website through my friend. I am going to complete my MBA from VIT Business School in 2008. I did dual specialization(Major- Finance & Minor - Marketing). Now i am in a dilemma whether I can opt for CA course because I am very much interested to go in core finance. So can any friend help me in this issue whether I have to go for a job now or opt for CA Course. Can I do CA later in my career. I am placed in HDFC Bank and I have to join in may 2008. Kindly help me. Also suggest me whether I can go for CFA.

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8 Replies

Rahul Tibrewal (A.C.A & MBA) (443 Points)
Replied 20 March 2008

hey praveen...first of all congratulations on completing ur MBA....U can go for either of the courses i.e. either CA or CFA...both are equally good....If u dont want to work abroad, then CA can be a good option...but doing CA wid ur job would require lot of efforts frm your side.....CFA will help u to understand the global market which CA wont...so if u r interested in Investment Banking, equity research,, etc kind of stuffs then CFA wud be right for u....all the best

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Praveen Kumar Reddy (Trainee) (24 Points)
Replied 20 March 2008

Thank You very much Rahul for ur advice. I already found out all the details for CFA. I am interested in investment banking. So ur advice will help me a lot. Thank u very much.

Mrvr (Student CA IPC / IPCC) (51 Points)
Replied 20 March 2008

Dear praveen,

If u go for CA ,U need undergo Articleship for a period of 3 and half years.Then only u can write final exams. Joining CA at this time is not useful as for me concerned.Better go for CFA

(Guest)

Praveen, The CA course focuses primarily on Financial accounting and law - Business & Tax laws which are RULE based. Exams test you on how much of these rules you can internalize. Careerwise, each time you face a problem, you turn to the rule book. On the other hand, Finance and managerial accounting are logic based. To master them requires a completely different way of thinking. They are more difficult as well as rewarding and satisfactory both from the learning and earning perspective, If you want to get into Core Finance, you'll be better off with CFA (the International one) as Rahul said. Best of luck for your career.

(Guest)

mrvr is correct

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anandsurya (finance exe) (24 Points)
Replied 26 August 2009

Hi Friends i am Anand Surya i did my MBA Finance in 2007 now i am working as a Finance Executive for a MNC company US operations now i would like to go for CORE finance for that i need to enhance my skills by studying Fiancial courses like CA,CFA so on... dear members kindly let me know which course is more help ful for me i would really appreciate for your answers..

Thank you

-Anandsurya