Ca vs cma/cwa - did i make a wrong choice?

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Rhea

Student CA Final

633 Points Joined September 2012

Well hi. I have just gotten through both groups of IPCC and have started my articleship from a mid-sized firm.You'd say everything seems normal,but I'm really questioning my career related decisions right now.When I took up CA,I was just another confused and not-so-well-informed 17 year old.I got 92% in 12th std which wasn't enough for a top 5 college,so I decided not to join one.I did know about both CA and CWA(didn't have much idea of their job profiles though) but I just randomly chose CA cause it has always been more popular and more of a 'brand'.What a stupid reason,I know.Now that I have started to gain more knowledge about everything,I have realised that I don't really want to work with CA firms(and I never wanted to go for practice).I would like to work in the industry,but I also know that CMAs and MBA Fin. (full-time and from reputed institutes,ofcourse) are usually given way more preference in the industry,right?I can do MBA but not full time,and I don't think I can do CWA after CA cause it requires one to undergo training of 3 years and it's just as demanding as CA,if not more.I feel really confused and lost.Yeah,I know that it's totally possible to have a good career in industry after CA,esp if you opt for industrial training,and that I should just focus on what I'm doing right now,but I just want re-evaluate my decisions once.I did make a horrible choice,right?

Replies (3)

Rhea

Student CA Final

633 Points Joined September 2012

Someone please Reply!!

Guest

wow..you choosed CA..., thats great.., but regretting:-(,, thats not fair..., Every profession has its own charm, demand, brand, reputation..., just think from other side,even if you had taken CMA..., may be you would have worried for not joining CA.., this way..worries never ends..., and I think..after CA..you can opt for big firms, rather than practicing.... Be proud to be a CA student.., invest your best efforts.. All the best..:-)

CA Ashish Pathak

Employed at Cipla Ltd.

2779 Points Joined April 2011

Rhea, you got to understand that "The grass always looks greener on the other side." You think other courses are good as well but if you leave out the IIMs passouts then no other professionals can compete with CAs in the field of Finance. CAs are undoubtedly the experts of Finance- they are expert in Accounting, expert in cost accounting, financial management, tax laws, corporate laws and Information Technology too. Be assured that you made the cent percent correct decision. And still if you are interested in CMA then i would suggest you to go for cma from CIMA (UK). It has global recognition and is definately better than the Indian CMA. Also if you appear for CIMA exams after qualifying CA you get exemptions in some of the subjects. Think well and decide. Good Luck.