Quick Answer: Which Is Better MBA Or CA?

Is CA worth the effort?

In my personal opinion doing CA is of totally worth.

CA is highest authority for accounts and audit.

You will be a part of organization who is at most superior level who designs the work of how to record transactions and to check that transaction..

What is the minimum salary of IIM student?

Lowest Salaries OfferedInstituteYearLowest salary package (maximum earning potential)IIM Ahmedabad2016Rs 11.5 lakh per annumIIM Udaipur2015Rs 6 lakh per annumIIM Rohtak2016Rs 6 lakh per annumSPJIMR, Mumbai2015Rs 10 lakh per annum4 more rows•Jun 27, 2019

Which is better CA or MBA from IIM?

MBA is totally different from CA. MBA is a general degree whereas CA is a specialization of sorts. But when you hold MBA with B.Com Degree, then you will have similar career opportunities. … Also MBA from an IIM requires you to have a consistent good academic background and you get cookie points for being a professional.

Can a CA be a CEO?

There is no such thing that only Chartered Accountant can be or A Chartered Accountant can’t be a CEO. … If a CA has those manegerial skills, education, experience, critical thinking skills, diligence, attitude along with technical knowledge then he/she can become a CEO.

Which field is best in CA?

Job in a CA firm Internal Auditing. Tax Auditing. Forensic Auditing. Career in Accounting and Finance. Taxation Advisory (Both Direct and Indirect) Statutory Audit under applicable statutes. Managing Treasury function.More items…•

Is doing CA a waste of time?

Only valid in India. Articleship time is too long that even CA’s are wexed up with this program. Waste of time (5 years)?? … Over all thing is CA is a time waste.it is better to do Engineering and I think half of the effort is more than enough(4 years is a lot of time and regular college) on what we put in CA.

Is MBA good after CA?

As a freshly qualified CA, you have the option of taking up an MBA course which would be right in the early stages of your career. … If you opt for MBA soon after CA, you definitely take away the learning but to reap the benefits of an MBA program, work experience plays a major role.

What is the salary of MBA in India?

Early Career MBA Salary In India The average salary of entry-level MBA salary in India is of Rs 290,000. But with just 1 to 4 years experience, Early career MBA Salary in India can grow up to Rs 390,000 or more. Generally, the salary of MBA graduates in India grows up exponentially with experience.

Is MBA easier than CA?

Difficulty Level Only 5 – 6% of the candidates who register for CA are able to complete the course. MBA Finance can be considered to be an easy to moderate difficulty level course, especially when pitted against a course such as CA.

What is salary of IIM?

Highest Packages at IIMs 2019:Name of the InstituteHighest SalaryAverage SalaryIIM Bangalore (IIM B)-Rs. 24.54 LPAIIM Calcutta (IIM C)Rs. 72 LPARs. 25.40 LPAIIM Lucknow (IIM L)-IIM Indore (IIM I)Rs. 40.5 LPARs. 20.79 LPA16 more rows•Jul 15, 2020

Why is CA so special?

CA are highly knowledgeable in every aspect. CA’s are not limited to Audit and Accounts only. They handle the taxation matters as well, provide the Financial consultancy and also handles the cost accounting matters. Whereas all such things could not be possible for a person pursuing CS only.

Can a CA get job in bank?

Yes. You can get into banking sector. If your resume has experience in bank audits it will be a plus point. You can get the job of management of branch affairs or SME MSME Loans and recovery department.

What is the salary of CA student?

CA salary package depends upon the skills, capabilities, and experience of the professional. 7 to 30 lakhs is the average salary of a CA professional in India….CA Salary Package – Based on Skills.SkillsAvg. Salary p.aEvaluation and management auditing8.5-9 lakhsAuditing7- 7.5 lakhsFinancial advisor8.5-8.75 lakhs10 more rows•Apr 6, 2020

Who earns more MBA or CA?

Both CA and MBA have their own advantages in terms of money. A Qualified CA can get an average starting salary of 5-8 Lakhs for annum. … Whereas for MBA graduates, the average MBA salary in India which is offered in top B-Schools may range from 12-15 lakhs per annum.

Is CA a boring job?

General Boredom, Nothing exceptional with Chartered Accountants – Yes, just like any other job or profession – even Chartered Accountants do feel bored, but there is nothing “exceptionally” boring about this. The boredom is just like other professions and can happen to anybody. … This is unique to CA profession.

Are CA jobless in India?

No CA can’t be unemployed ever. … A CA can now work in accounting, analytics, bank, BPO, audit etc. and all of them have a decent demand for good resources in India.

Which MBA branch has highest salary?

Here are some of the highest paying jobs that you can apply for as an MBA graduate.Investment Banker. … Financial Manager. … Chief Technology Officer. … Information Technology (IT) Director. … Investment Bank Manager. … Marketing Manager. … High-End Management Consultant. … Computer and Information Systems (CIS) Manager.More items…

Which baby IIM is best?

Baby IIMs Admissions Fees, Seat, MBA placement 2020, SIP Report 2021 BatchSl NoBaby IIMsAvg CTC 2020* ( Click to Read)1IIM Nagpur13.12IIM Amritsar12.613IIM V13.084IIM Sirmaur11.283 more rows•May 21, 2020

Does CA have scope in future?

CA can choose to start up their own independent practice or make their clients on the basis of merit. They can also apply for the job of Chartered Accountant in an existing firm. They can also give their services for the capital market. The qualified CA can apply for a government job, public or private sectors both.

Why is ca not good?

The exams of ca are fabled to be quite difficult and the competition makes it one of the toughest courses in India to pass. The syllabus is pretty vast so some people find it alarming. Before the exam people usually start studying 6 months before hand for an average of about 6-8 hours a day.

Is CA losing its value?

CA, MBA, CFA ,CS, CMA or that matter of fact any course will never lose it’s value because the core of these courses is knowledge and knowledge is the real asset which cannot be stolen nor destroyed. But it has to be upgraded with the changing times.

Should a CA do an MBA?

For a good lot of chartered accountants who breathe, eat, dream and get a high on accounts and audit, the answer may be No. But for the others who aspire for careers outside accounts and audit, an MBA after CA is probably the only path to reaching there. So, the answer to the second group is a resounding YES.

Which type of MBA is best?

Most In-Demand MBA SpecializationsGeneral Management. Of all the specialized MBA programs, General Management is consistently one of the most popular. … International Management. … Strategy. … Consulting. … Finance Leadership. … Entrepreneurship. … Marketing. … Operations Management.More items…

What is salary after MBA from IIM?

Important Sections. IIM placements are usually conducted between December-February every year for the PGP batch. The average salary package offered to candidates from top IIMs range from Rs 20-25 lakh per annum, while salary packages of newer IIMs fall between Rs 10-20 lakh per annum.

Can we pass CA in first attempt?

To clear the CA exam in one attempt, candidates should have a positive attitude. They should be self-motivated to study all the time. To rank in the CA exam candidates should plan to study for at least 10 to 15 hours per day. Try to revise theory subjects on a daily basis, and prepare short notes for every topic.

Which type of MBA is in demand?

A number of MBA specializations in demand include fields like Marketing, Finance, International Business, Human Resources Operations Management, Information Systems and Supply Chain Management. This reflects the increasing role of interdisciplinary paradigm in industry and corporate sector.

How do I choose an MBA stream?

How To Choose The Right MBA Stream – A Comprehensive GuideMarketing.Finance.Management Consulting.PPT making skills.Structured Thinking.Crazy level excel skills.Human Resource.Operations.More items…•