CA vs MBA

CA 4757 views 50 replies

CA vs MBA

 

 

 

Chartered Accountancy

MBA - Finance

 

scope of study

In depth knowledge on every aspects of accounting, auditing and taxation.

 

A comprehensive study of managing finance in a business environment.

area of specialisation

CAs are involved in core accounting work, looking into day-to-day business.

 

MBAs are more into management field viz., study of market economics, investment strategies, raising capital, its effective utilisation, people management etc.,

 

work

analysing risk and design of efficient financial system

taxation and auditing work

finalising and certifying the annual reports and balance sheets

 

assessing feasibility of business projects vis-à-vis funds available

exploring strategies to raise money

plan and review new areas for investment etc.,

 

specific skills

logical and methodical approach in work

attention to details

patience and confidence to handle responsibility

 

good reasoning ability (understanding the pros & cons)

problem solving skill

ability to make and implement decisions

clear communication

 

which to choose?

If you are extremely good at general accounting and number crunching, and wish to delve more into it, go for CA.

 

If you are comfortable with accounting and have a strong desire for business part of the profession - with a talent to manage and get work done, comfortable to work in teams, get in to business deals etc., then MBA Finance would suit you perfectly.

 

Replies (50)

Nice....

nice info - - -  - - -  - - -  - - - -  - - -

MBA and CA both are related with commerce stream. both of them have their own qualities. as the field of statutory substance CA is a guru as ca is a charter. on the other side MBA is the person who have the capabilities to present what the CA have prepared. combination of both CA and MBA is the perfect choice but MBA from best business school matters. 

This is so untrue

MBA college is more than 5000 in India , but for CA only ICAI in India.

Very nice analysis............

Good comparison.But MBA's except from IIM n top ten B-schools, are not given due importance. I am woking in a Steel Industry where CA's are given more importance than MBA's. So I think CA's are best  as they are doing well in both fields: Accounting & Finance . 

Originally posted by : PRASHANT DEO PANDEY

Good comparison.But MBA's except from IIM n top ten B-schools, are not given due importance. I am woking in a Steel Industry where CA's are given more importance than MBA's. So I think CA's are best  as they are doing well in both fields: Accounting & Finance . 

I want to ask a question _ Pls explain or give your view -

In recent many goverment opening They are asking for same grade whether You are CA/ICWA OR MBA with same experiance .

So its shows that there is no difference for Govt . point of view.

(For Example - pls see recent opening in SBI)

Am I right .

Dear Om,

      U are right.In PSU's, there is no dfference between CA,ICWA or even MBA. All are taken as Executive Trainees. The scope of work is the same for all the professionals. i have been in one of india's biggest PSU. The same practice is followed there also.

thanks to all for giving their valuable opinion.

one more question plz..

why the people do CA course for 5 or more year instead of MBA for only 2 years while there is no difference between CA and MBA in profession..

plz reply

CA can be completed within 4year even after +2.But MBA can be cmpleted after gradution,so MBA takes more time than CA MBA takes 5 years

i agree but chances to be success in CA in less than MBA

the result of MBA has never been 5% - 10% in final stage but CA has this imp. quality

Originally posted by : tarun

CA can be completed within 4year even after +2.But MBA can be cmpleted after gradution,so MBA takes more time than CA MBA takes 5 years


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