| Answer: As a CA student you have to concentrate primarily on successfully completing the course you are pursuing with a good track record. A combination of CA and MBA Finance from a reputed institution is an excellent proposition. Doing MBA additionally is definitely advantageous from a long-term career perspective. It would widen your outlook and improve your analytical, presentation and communication skills. With a good show in the MBA, you can expect a much better placement. MBA with CA is ideal for financial consulting and so on.
CA is a good and rewarding career although like in medicine, building a practice from scratch takes time. Of course there is the option of working for someone else -- CAs are in demand in the industry like never before.
KPOs, equity analysis and accounting firms employ a lot of CAs at very good salaries.
Chartered Accountancy is a well-paid profession, be it Government Service, private firms or own consultancy. Most multi-national firms provide numerous perks besides the salary such as medical benefits,house allowance and much more.
One of the ICAI report says that presently there are about 132,000 members of the Institute and every
year nearly 7000-8000 students qualify as Chartered Accountants.
Scrutiny of the recent membership data reveals that the new members joining the profession are being absorbed by the corporate sector and particularly service sector like banking, telecom, finance,security market intermediaries etc. Majority got remuneration between Rs.4 lakhs and Rs.7 lakhs per annum. The freshers have been able to get salary upto Rs.27 lakhs per annum for foreign placement.
Hope that helps
CareerAge Counselor |
