CA Sanat Pyne (F.C.A. & M.COM) (19987 Points)

13 August 2010  





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.,



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.