Are CAs readily acceptable in Corporate finance

CAs are not generally preferred for Corporate Finance jobs. The expertise which a CA has for Corporate Finance is nothing compared to what an MBA has.

This is what many youngsters do not realise: ALWAYS decide what you want to be/do before you start your CA.

Anyway, the right way out for you is to do MBA (fulltime) and have a career based primarily on your MBA (CA is, for you, admittedly a mistake).

By the way, the IIM is the most extraordinary "club" to be a member of.

Hi this is Manoj Gupta owner of www.camanojgupta.com

There is immense scope for a CA in Corporate Finance. Why a CA is acceptable

-understand the balance sheet. Can easily present the case before the banks/financial institutions and even equity investor. They can prepare DRP and Projections easily

-Knowledge of Income tax and other tax matters which again open their scope as Corporate Finance professional being this area is a very important in management consultancy in today scenario.  

-Good liaising skills, hardworking and honest

-Know the ground realty. They make the projections which are based on ligics and show the reality

-Accounting standards and IFRS professional is very niche area of expertise

Now we should think beyond the accounting job which is very tedious.

hi i have passed this may 2011final exam n i think finance field is only what i m thinking about. So i need ur help whether its a gud field or not for CA n i understand tht if i think about finance then why i did CA. i should have done MBA. But i now realize that finance has so much scope. Please Help. Thanks in advance.

Hi this is Manoj Gupta owner of www.camanojgupta.com

Sumit ji, CA profession has such a vast field that involves accounts, taxation, law and finance. Let we should discuss finance only. CA can do what a MBA can do.

-CA can do project appraisal easily being good knowledge of Balance sheet. They can evaluate the ratios easily, can make justifications and do presentation better

-Can head the NBFC/Bank/corporate world due to rigorous training they do

- Have the knowledge of accounting standards, taxation, law which a MBA does not have

-In Indian culture whenever you will see only CA's are appointed as Account, Finance, Treasury head

-As CA has done training, they understand the ground realty which helps to make business model better and genuine

-A CA can practice both ways as CA and/or a MBA ie. mix beg taxation, management, accounting, law and finance

-people trust a CA

-CA are now being appointed by investment bankers also 

Hence a CA is better in all the ways then a MBA. We need to just improve our presentation skills, improve our personality

thnks sir