Master degree/pgd after becoming ca

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 July 2014 Sir

I am a b.com (Hons.) 2012 and CA qualified 2014 want to persue any master degree course, or post graduate degree etc. can u suggest me whether m.com is better or mba or any other course. the university from where i can do.

my future plan is to do job for maximum 5 years and then might be i will start practicing CA.

please suggest.

Ankur Garg

Ankur Garg (Expert)
Follow

23 July 2014 COURSES AVAILABLE AFTER/WITH CA OR CS

Hi,

In CCI a frequently asked question is what are the options available after/with CA or CS? So please find below some suggestions.
There are many courses which you can pursue with CA or CS. However the choice and decision depends upon many factors like one’s own interest, cost, duration, time devotion etc. depending upon your circumstances.

In this regard I’d suggest you to explore your own interest and then decide what you want to do in future.

SOME OF THE OPTIONS AVAILABLE ARE:

1. CS, ICWA, CFA (US), CMA (UK). These are long term duration with more than 3 years.
2. CPA, CFP, CIA, CISA etc. are medium term duration depending upon the devotion and your level of knowledge.
3. Further there are many certification programmes like, CIFRS, NCFM, CMA (US) etc. NCFM course is conducted by the Indian Stock Exchanges and concerned with security market.

The combination of CA+CFA is good in case the interest is for Investment banking and Portfolio Management.

The combination of CA+CPA is also a good one in case interest is in Accounting and Auditing field.

The Combination of CA+CS is also good. With this combination you will be able to handle Secretarial deptt along with Account and finance deptt. It is also very helpful to take top chances to work with top management.

The combination of CA+CS is helpful in long run to grab top opportunities at management level. CS is a very good combination with CA as far as course content and understanding the corporate environment is concerned.

If you are having CS qualification then you can easily and confidently handle or administer secretarial work/department along with the account work/finance department.

Also focus on the opinion below:

In today’s time ICAI membership only is not enough. To improve the chances of getting quick job after receiving ICAI membership following practical things is necessary to be considered:

1. More than basic understanding of accounting.
2. Good knowledge of ERP, Tally, SAP, IFRS, MIS working environment.
3. Understanding of working as a finance part.
4. Good and practical knowledge of Taxation.

Students preparing for CS course and want to join some additional course can go for LL. B.

As per my suggestion with CS one should go for LL.B. to grab top opportunities at management level. LL.B. is a very good combination with CS as far as course content and understanding the corporate environment is concerned.

If you are having LL.B. qualification then it would be counted as an additional advantage and you can easily and confidently handle or administer Legal work/department along with the secretarial work/department. Later on you may be designated as legal and secretarial head.

My best wishes are always with you. Be humble and be successful.

All the best
Ankur

Message likes : 2 times

Querist : Anonymous

Querist : Anonymous (Querist)

23 July 2014 THANKS, I HAVE HEARD ABOUT ALL THESE COURSES BUT I AM UNABLE TO SELECT ONE OF THEM. I CAN PURSUE MAXIMUM 1/ 2 YEAR COURSE AND I HAVE NO INTEREST IN LLB OR CS. MONEY IS NO BAR. I HAVE LITTLE INTEREST IN BANKING. ONE I HAVE DECIDED IS DISA. BUT SUGGEST ME ABOUT ANY MASTER DEGREE COURSE.

IS IT INTELLIGENT DECISION TO GO FOR M.COM / MBA CORRESPONDENCE/ REGULAR, FROM PACKAGE POINT OF VIEW.

WAITING FOR SOME SPECIFIC ADVICE

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

24 July 2014 m.com wont do any good. though the same applies to mba (correspondence too)

Querist : Anonymous

Querist : Anonymous (Querist)

24 July 2014 u mean to say that better to do any other professional course rather these master degree.

so what is your opinion about CPA or CFA level 1 only. I think i cant complete all.

Querist : Anonymous

Querist : Anonymous (Querist)

24 July 2014 others opinion please. after reading all the above stuffs, what will u suggest for me would be the best course/degree

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

24 July 2014 Dear friend,

Yes, I would seriously suggest that you go after professional courses instead of useless M.com/MBA (correspondence degrees)

take one level at a time. and have confidence in yourself. You are a qualified chartered accountant...I see no reason why you cannot clear CFA/CPA/FRM/CISA etc

If you feel you dont want to spend too much time or money, you can go for DISA. it gives serious weight to your profile.