Cfa v/s ca carrer

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Hitesh jain

mumbai

21 Points Posted on 22 March 2014

CFA VS CA

CURRENTLY I AM DOING ARTICLESHIP UNDER A SMALL FIRM.

I AM IN TYB.COM. I AM A BIT BORED WITH CA BECUASE I FOUND A CA WORK MORE OF PROCEDURAL RATHER THAN PRATICAL. I MEAN USE OF YOUR MIND IS ALSO VERY LESS. I ALSO EXPIRENCED THAT CA IS ABOUT BIG 4. I AM DOINF IT FROM SMALL FIRM. I DONT THINKM I HAVE BETTER FUTURE IN CA.I HAVE CLEARED CPT AND IPCC GRP 1 IN 1ST ATTEMPT AND NOT CLEARED GROUP 2 YET

I HAD A WISH TO DO CFA BUT CONFUSED WHETHER SHOULD I LEAVE CA AND DO CFA OR AFTER DOING CA I SHOULD DO CFA.I AM UNABLE TO SEE ANY CARRER IN CA.

IS THERE ANY TEST THAT CAN TELL CFA CAN IS GOOD CARRER FOR ME OR NOT.

THERE IS BETTER DEMAND FRO CA OR CFA?

Replies (3)

HARI OM

203 Points Posted on 22 March 2014

if u are interested in equity , I banking etc u should definitely do CFA along with CA if not u should atleast complete your IPCC there is another course called FRM (u can complete it within 1 yr but its more about risk management)

Arvind Sharma

CA Final

119 Points Posted on 23 March 2014

FRM is good but it requires more of mathematical understanding.

No doubt CA's work is procedural, routine and operational in nature. CFA is more dynamic.

BUT BUT, I will still recommend you to complete CA meanwhile give CFA level I exam also, since you are in b.com TY you can appear for CFA, but you need to have your passport before CFA enrolment. Giving CFA exam and clearing it will not help you unnless you have some work-ex in portifolio/MF/ etc. CA+CFA is what I recommend.

Regards