CA or CWA which one is better.

CMA 6677 views 47 replies

Respected  to  All,

 I am ravikumar, 26 year, MBA (fin) profeession,  i am working as a Accountant, 3 year experience in Financial & Management accounting,

i have to plan doing CA or ICWA, pls sugges me which one is better for my future and carriers,

suppose i am going to do ICWA, its compulsery for Articals or exmpted,  

pls  pls give me some ideas,,,, this is kindly request ....all

Replies (47)

Hi dear,i m student of ca final......ca is much better compare to icwa because lots of opportunities in ca u will go to anywhere......ca is very hard course .i suggest u will join ca course but it is very difficult to u because u have already job person...u have already complete 26 year if u will join ca atleast 5 year will spent on this course .................i suggest u ca is good for u because u have already done MBA in finance if u will clear CA...then lots of opportunites...........................

I AGREE WITH KISHAN

according to me you should go for CA.  dont mind about your age. age doesnt matter.

DOnt just go for CA because everyone is telling you to or just because it is more tough than ICWA. You will be 31 before you become a CA. You will have to do non productive work for 3 full years and work for peanuts. .

.

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IN fact, ICWA will be better for you. Let me tell you why. 

1) Your work experience of 3 years will be recognised for 3 years articleshhip in ICWA and you will only have to give exams. 

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2) You already have a background in management accounting which is the core of ICWA. 

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3) ICWA has a tie up with CIMA institute. ICAI has not such CREDIBLE tie up. ( PS: Tie ups with ICAEW, CPA Australia are not worth it. They are just acounting degrees which can never help in getting a immigrant job. CIMA will go a long way in making you a management consultant. 

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4) There are less chances of you clearing CA Final exams than ICWA exams. Not because they are much tougher, but because the results are dictated by non transparent policies. 

I fully agree with koolleo87.For a person who is already a MBA & is working,ICWA will be the best option.To my knowledge none of the other sister professional institutes i,e ICWAI & ICSI manipulates the results as is done by ICAI.If you're confident to get time for study go for ICWA.Afterwards you may also go for CS as ICWAI & ICSI are having reciprocal arrangements for final qualified students.I'm sure MBA along with CWA & CS will do wonders for you in your career.All the best !!

Originally posted by : koolleo87

DOnt just go for CA because everyone is telling you to or just because it is more tough than ICWA. You will be 31 before you become a CA. You will have to do non productive work for 3 full years and work for peanuts. .

.

.

IN fact, ICWA will be better for you. Let me tell you why. 

1) Your work experience of 3 years will be recognised for 3 years articleshhip in ICWA and you will only have to give exams. 

.

2) You already have a background in management accounting which is the core of ICWA. 

.

3) ICWA has a tie up with CIMA institute. ICAI has not such CREDIBLE tie up. ( PS: Tie ups with ICAEW, CPA Australia are not worth it. They are just acounting degrees which can never help in getting a immigrant job. CIMA will go a long way in making you a management consultant. 

.

4) There are less chances of you clearing CA Final exams than ICWA exams. Not because they are much tougher, but because the results are dictated by non transparent policies. 
 

 Dear all,

pls give me a more explaination, somebdy is sugges for CA is better and somebdy says CWA is better

i have so much confuse......suppose i wl do CWA , how its scope for future. In which type of documents we have to eligible for certify.

 

if u r already MBA ....u may go for CFA rather ICWA/CA coz diffiuclt to clear n even if u clear inter n final 1 group of CA/ICWA it is not valuable till u clear all groups.......nowadays industry want specified skills not recognise degrees much............don't leave ur job to pursue CA/ICWA...........

shinoj ji

CFA holer is possible own practicing in Finance OR management areas

tell me..

If  you have 4-5 years then you should go for CA.  CWA requires 2.5 years. in CWA your job experiance will be count and 3 years articleship will be exempted. but in CA you have to do 3 years articleship & you should to be leave your job also.

 

                    

hi i would like to say that get prospects of both courses and then decide b'coz in my view both ca and icwa are equally important and risky.its u who knows wht ur mental ability is and how much time u hv and u can take to study. b'coz while doing job and studying is very tough but everything depends on u. so its wise upon u to decide wht u can and not wht others suggest.

I wud suggest u to go with cwa...Its easy to clear cwa than ca & also u need to write oly inter & final in cwa...So in max 2yrs u can bcum a cwa..It ll add weightage to ur career for sure...But CA wil take 5yrs of ur life..Also u cant earn for 3yrs during articleship...without no hesitation u shud opt cwa

for the same reasons stated by kooleo 

i had opted both courses 

and after taking permission from ICAI i have passed inter of both 

so prepairing for the finals of both this year end

its possible to do both in same time, its very difficults know,

Originally posted by : varsha satwani

hi i would like to say that get prospects of both courses and then decide b'coz in my view both ca and icwa are equally important and risky.its u who knows wht ur mental ability is and how much time u hv and u can take to study. b'coz while doing job and studying is very tough but everything depends on u. so its wise upon u to decide wht u can and not wht others suggest.
 i do agree that both CA & CWA courses have good worth but in toughness CA is more tough then CWA.     


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