CA/CS/CWA is the excellent option for commerce students

Dear Freinds,

Sceince students have various options including creamy quality education in the form of IIT ,medical. But there are few options for students of commerce backgrounds.

One of the best option for them is CA. If you want to make your career in the field of Accouting and finance , CA is the best option; 

CA gives you full fleged accounting qualification unlike MBA Finance and CWA , MBA finance from the top B schools good careers in the feild of investment banking and management consulting ,while CWA gives you career platform in the field of cost and management Accounting .

But CA has been accepted in the wide areas, They can go for public accounting , management consulting ,management Accounting . Once you complete CA  you have options  to persue your careers in the ares of your choice. Once you complete your CA, you need to do only short cousre to obtain any qualification like mangement Accounting , risk mangement , International taxation and other finance educations

In the global arena, CA/CPA are allowed CIMA/CGMA credentials only after testing their experience in the private jobs and wrtie of few papers. But in case you are CWA/CMA and MBA Fiance , you have to do full CA/CPA cousre to enter in the feild of CA/CPA.Hence , CPA/CA are having eexlusive public accounting ,which is vast field of statutory compliances ,audit and taxations.

Hence , as commerce students  at the young age , better you persue CA  , if you want to make careers in the feild of accounst and fiances. 

Money is primary force to decide ,which cousre , you would like to persue. MBA finance from top B schoosl is very good to earne good money compared to CA . But after qualifying CA , you will get very good salary package . See the latset salary survey 

i would like to share salary survey of CWA vs CA,, This is fresh survey available till date. Please find the survey on diffrent category;

1) Salary based on Expericne

 

 

Find out what you're worth. Start survey.

 

Employees with a Institute of Cost and Works Accountants (ICWA) Certification

Median Salary by Years Experience

Years Experience National Salary Data (?) 0 900K 1.8M 2.7M Less than 1 year 230,242             1-4 years 349,176       5-9 years 688,032       10-19 years 1,140,678       20 years or more 2,474,081       Country: India | Currency: INR | Updated: 4 Jan 2012 | Individuals Reporting: 323  Add to your site |  |         Find out what you're worth. Start survey.   Employees with a Chartered Accountant (CA) Certification Median Salary by Years Experience Years Experience National Salary Data (?) 0 1M 2M 3M Less than 1 year 471,688             1-4 years 552,547       5-9 years 952,860       10-19 years 1,709,123       20 years or more 2,716,867       Country: India | Currency: INR | Updated: 4 Jan 2012 | Individuals Reporting: 3,541  Add to your site |  |

2. Employers wise   Employees with a Institute of Cost and Works Accountants (ICWA) Certification Salary by Employer Name   Employer Name National Salary Data (?) 0 0 0 0 Wipro n/a Not enough data       Cognizant Technology Solutions Corp n/a Not enough data ABB Group n/a Not enough data XYZ Company n/a Not enough data Vodafone n/a Not enough data HSBC Finance Corporation n/a Not enough data Outsource Partners International n/a Not enough data NCR Corp n/a Not enough data Genpact n/a Not enough data Standard Chartered Bank n/a Not enough data PricewaterhouseCoopers

ployer   Share Employees with a Chartered Accountant (CA) Certification Salary by Employer Name Employer Name National Salary Data (?)  Rs.0  Rs.2.2M  Rs.4.4M  Rs.6.6M Ernst and Young LLP 295,898 - Rs.2,365,428             ICICI BANK Ltd. 406,615 - Rs.1,249,915       Deloitte Haskins & Sells 364,584 - Rs.1,200,175       PricewaterhouseCoopers 402,071 - Rs.1,787,250       KPMG, LLP 430,728 - Rs.3,000,000       Genpact 143,034 - Rs.1,409,390       HSBC 434,591 - Rs.4,595,787       Deutsche Bank 187,913 - Rs.5,514,944       Kpmg Consulting 391,486 - Rs.1,429,800       Pricewaterhouse 475,000 - Rs.1,000,000       Accenture 247,301 - Rs.1,806,009       Wipro Technologies Ltd. 496,647 - Rs.1,442,226       Infosys 367,663 - Rs.1,644,240       Tata Consultancy Services Limited 152,051 - Rs.1,775,386       HCL Technologies Ltd. 328,430 - Rs.6,509,750       Tata Consultancy Services, Ltd. 352,347 - Rs.1,787,928       Oracle Corp. 720,000 - Rs.1,581,914       Airtel 610,419 - Rs.1,537,824       The Goldman Sachs Group, Inc. 610,419 - Rs.1,176,063       XYZ Company 411,157 - Rs.1,190,952       Vodafone 204,634 - Rs.1,768,743       PWC Logistics 366,251 - Rs.1,749,791       Price Waterhouse 584,985 -990,496       Hewlett-Packard Company 579,898 - Rs.1,756,129       Bank of America Corp. (BOFA) 508,682 - Rs.4,392,000       IBM Global Services 575,000 - Rs.1,050,000       Standard Chartered Bank 525,000 - Rs.1,212,000       KPMG International 600,000 - Rs.1,598,000       Deloitte Touche Tohmatsu (DTT) 540,000 -860,000       International Business Machines (IBM) Corp. 707,497 - Rs.3,173,079       Country: India | Currency: INR | Updated: 4 Jan 2012 | Individuals Reporting: 1,545  Add to your site |  |

3. Salary location wise

Find out what you're worth. Start survey.   Employees with a Institute of Cost and Works Accountants (ICWA) Certification Median Salary by City City Salary Data (?) 0 310K 620K 930K Bangalore, Karnataka 902,670             Chennai (Madras), Tamil Nadu 877,430       Chennai, Tamil Nadu 618,252       Mumbai (Bombay), Maharashtra 833,962       Mumbai, Maharashtra 600,000       Hyderabad, Andhra Pradesh 488,335       Delhi, Delhi 800,000       Country: India | Currency: INR | Updated: 4 Jan 2012 | Individuals Reporting: 315 Employees with a Chartered Accountant (CA) Certification Median Salary by City City Salary Data (?)  Rs.0 340K 680K 1.02M Bangalore, Karnataka 995,164             Mumbai (Bombay), Maharashtra 921,288       Mumbai, Maharashtra 896,776       Delhi, Delhi 774,676       Pune, Maharashtra 698,655       Hyderabad, Andhra Pradesh 759,937       New Delhi, Delhi 790,957       Country: India | Currency: INR | Updated: 4 Jan 2012 | Individuals Reporting: 3,469  Add to your site |  |

 

 

 CWA/CMA: This option leads your in the field of accountancy , but the  area is limited to industries and pribate jobs, CWA's are not allowed in public accounting as compared to CA. They are expert in the costing ,cost management and management Accounting. These cousre are specially good options for ;

Workings professionals ,who do not want to quit their jobs for artilceship hurdle.

Part timers/Home makers/ Students persuing full time graduate cousres and having too much timedesirous of utilising time in education.

CA/CS/MBA/Engineers ,who want to enhance their careers in the field of management Accountings and cost after gaining in the hands on experience in the feild of management ,fianance ,cost engineering and banking.

Thanks