Career

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Hello Sir(s),


I cleared my CA in Nov 2007. I got selected thrpugh campus in an IT company and I am currently working in SAP Finance. What I am doing here is absolutely different from a hardcore CA work and I feel devoid of any knowledge. I want to go for further studies but in my own field. Now I donot have any hard core CA experience. What should I do. I wish to settle abroad. Can you please suggest what should I do? I wish to do something in Finance only. How should I proceed? Please help.


Regards


Swati Gupta

Replies (5)
Hi swati, How can u clear ur exams in Nov'07? 2ndly may i know in which company u r working with as i have also been selected in d campus nd facing d same probs. Reply soon, plz.
Finance: The principle in Finance is that you have o read books, newspapers and watch TV Channels regularly. A good course is post qualification course from ICAI. You may also think about MBA if possible.
Make reading your hobby
Hi Swathi/Arjun, Software industry needs thousands of business analysts/ domain experts to act as an interface between the techies and the client.The job profile is nothing great u just need to clarify the doubts /share knowledge with the techies.There is not even 1% application of financial concepts or anything what we have learned in CA syllabus.BUT YOU WILL GET TO WORK WITH GREAT COMPANIES AND GET CHANCES TO VISIT MANY COUNTRIES BUTTTTT you are wasting your career..the growth for CAs in software companies are limited ...Best option is to get into banking or corporate finance sector(i advise not to get into accounts) For Achiveing you need to do the flollowing things 1) Improve your knowledge of economy and current affairs( Read ET/ Subscribe for Mckinsey Qarterly/Warthon Business Journals. 2) Read research reports 3) learn Niche Skills like financial Modelling( Fiancnial Modelling for M&A and Leveraged buyout is demand in Wall Street. Given below is a short descripttion of financial Modelling. We all have learned finance at various stages and successfully solved problems in examinations but in the real context the CFOs or finance manager will not stit with a piece of paper and calculator to take financial decision, but they use different financial models to find solutions the models are generally made in spreadsheet (MS Excel) but We can create financial model in excel for the following purpose where in we need to key in the raw data and the model will calculate the answer within a fraction of seconds Different financial tools built in in excel are used for this. It’s a combination of formulas and functions with different complexity level. We can create financial model for the following purpose. Investment decision using capital budgeting Mergers & Accquisition modelling LBO Modelling Portfolio evaluation Option Pricing (Using Black and Scholes method and other methods) Bond Valuevation. Etc Manu 9886707142
Dear Manu, Please suggest me regarding me Career I pursing CA Final and wana to know the career for CAs in above mentioned field for that Graduation is enough for getting that type jobs or CA is necessary for that


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