CA or MBA Which Course Is Better And Best ? | Which Course Is Best CA or MBA?

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 CA or MBA Which is Better Career option

CA or MBA is a Hot  question these days for  every graduate and under graduate’s  who Wants to start their career in the world of accounting , finance and management.

What most students aren’t  aware is that CA and MBA are almost opposite in every aspect , though both involves number of similarities , it’s totally different to each other when it comes to actual work involved in these two profession.

Hence, here is a comparison of  few aspects of CA MBA to help & guide students in  understand the basic difference between the both.

 A complete knowledge of Chartered Accountancy course 

Scope of study

 CA involves depth knowledge on every aspects of accounting, auditing and taxation.
 whereas, MBA is  comprehensive study of managing finance in a business environment.

Area of specialisation

CAs are involved in core auditing and accounting works. Plus deals in taxation matters.
MBAs are more into management field,  that is  study of market , investment strategies,  capital funding , its effective utilization, people management, marketing etc.,

Work 

CA    

• analyzing Bussiness and accounting  risk and design of efficient financial system
• taxation complaince and auditing work
• finalising and auditing the annual reports and balance sheets

MBA    

• assessing feasibility of business projects  with respect to funds available
• inventing strategies to raise money
• Review new areas for investment etc.

Specific skills

CA    

1. logical and methodical approach in work
2. attention to details
3. Skill and Talent to handle responsibility and Pressure

MBA    

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

CA MBA – which to choose?

CA :-     If your accounting concepts  are extremely good or having immense interest in Taxes and laws , and wish to delve more into it then you should go for go for CA.
MBA:-     If you are comfortable with accounting and have managerial skills or a strong desire for business part of the profession – with a talent to manage and get work done, have out of box thinking to manage people and resources  then MBA Finance would suit you perfectly.

Package :-

CA :- 3- 10 lakhs depends upon articleship.     

 what are the importance of articlship?? :- See here

Articleship experience of an Article

MBA :- Totally depend on college  you choose.

 wanna do PHD after CA?? for more details

NOTE: Students who wants to hold high class respectful professional Degree  Must go for CA But for those who are more inclined towards managing funds can very well pursue their MBA dreams. After CA once they get a few years of work experience. They can  Choose Executive MBA programme, which is  Specially designed for professionals  having work experience of 3-4 years in managerial capacity in their respective field.

You Can also do other courses along with CA :- VISIT HERE  
Finally these words of Ratan Tata may change your mind.  All the best For Your Career.

                                  This Post Has Been Copied From http://www.charteredbook.com/ and it has been pasted on www.caspot.com for maximum benefit to the students.. 


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