I am a Chartered Accountant as well as Cost Accountant.
As i have qualified both the examinations and presently in Job. As far as job market is concerned in my view both CA and ICWA are Finance professional cources.
Passing of Exams is the basic difference between two professions. It takes less time and effort to qualify ICWA exams than CA exams.
Both the cources cover almost same slybbus if one go deep in their subjects.
As far as job is concerned, there is no difference. In whatever field these professionals were placed they show their excellence there.
CWA only needs marketing of their profession in which the profession was only lacking from last many years.
I have seen many many ICWA's who named very well in their industry!!!
As the number of members of CA profession is very good so in industry they named well and they named due to their audit monopoly profession. If CWA's can be given opportunity they can perform at par with CA's.
My view is as per my Job Market Experience........!!!