CA’s better decision maker as compared to MBA’s
Chartered accountants, the nuts-and-bolts professionals in the world of finance, are scoring brownie points over suave MBA finance graduates as India Inc gets increasingly risk-averse in a post-slowdown environment.
Companies are focusing more on risk-compliance than pursuing ambitious targets as they recover from an 18-month economic downturn, paving the way for recruitment of more CAs, perceived to have core competence in financial matters.
Thus, CA’s are currently being accepted as business leaders who could take up roles beyond auditing and financial management. While MBA’s are being hired for purely sales, marketing or international trade functions, CA’s are increasingly being looked upon as decision-makers.
CA’s have an edge over MBA
§ Chartered Accountants are superior to MBAs. They are already groomed for three years during articleship in training with auditors and can start working from day one
§ Corporate India getting cautious with salaries, CA’s are gaining a natural edge. If companies are unable to afford an MBA from a top B-School, they would rather hire a top CA & look for a management graduate from lower-rung B-schools.
Source >>> www.forum4finance.com
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