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i need advice ?

Mr.C.A (ipcc) (173 Points)

22 July 2011

I am confused with M.B.A and C.A, I am quite good in Economic and Accounts.
some says " go for M.B.A and some " c.a has better salary than mba "...help me by vote " M.B.A OR C.A " I VOTE FOR " ? " HAHA.THANKS

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2 Replies

Devadas K S (One life one Dream) (3525 Points)
Replied 28 July 2011

/forum/mba-or-ca-152643.asp

CA vs MBA

Chartered Accountancy

MBA - Finance

scope of study

In depth knowledge on every aspects of accounting, auditing and taxation.

A comprehensive study of managing finance in a business environment.

area of specialisation

CAs are involved in core accounting work, looking into day-to-day business.

MBAs are more into management field viz., study of market economics, investment strategies, raising capital, its effective utilisation, people management etc.,

work

	analysing risk and design of efficient financial system
	taxation and auditing work
	finalising and certifying the annual reports and balance sheets

	assessing feasibility of business projects vis-à-vis funds available
	exploring strategies to raise money
	plan and review new areas for investment etc.,

specific skills

	logical and methodical approach in work
	attention to details
	patience and confidence to handle responsibility

	good reasoning ability (understanding the pros & cons)
	problem solving skill
	ability to make and implement decisions
	clear communication

which to choose?

If you are extremely good at general accounting and number crunching, and wish to delve more into it, go for CA.

If you are comfortable with accounting and have a strong desire for business part of the profession - with a talent to manage and get work done, comfortable to work in teams, get in to business deals etc., then MBA Finance would suit you perfectly.