Is dual qualification a guarantee for professional success

CS 1740 views 11 replies

Dear Friends,

 

One of old Caclubindia member asked me 2 queries as listed below. As per my understanding there queries are very important for career point of view and many aspirants can identify themselves with the given questions. Hence I thought it would be good to share my thinking with you people.  

 

Question No. 1

 

Since you are a CS working in the industry I have a couple of queries to ask regarding CS profession in Industry. Is there a need for any dual qualification ( in addition to CS). I am not in a position to attend a full time course like LLB or do the Articles for CA. Therefore please suggest some alternatives. Is CIMA a good addl qualification with CS?

 

Question No. 2

 

The second question I am asking is for a friend of mine who is 37 years old and wants to join CS. If he joins CS and assuming that he clears the tough exam without much attempts, he would qualify at the age of 41 years. But would he be able to secure a job as a CS? He is willing to scratch from start (at entry level as CS). But would the corporate sector accept him?

 

Answer to Question No. 1

 

I think it is a very good question as far as a healthy debate is concerned. If you asked me whether dual degree is necessary to succeed in life then I would straight away say “NO”.

 

According to me dual degree is not a must to succeed in life. To be honest single qualification of CS or CA is enough to do well.

 

The question of having dual degree comes when you start focusing on getting good job which is a wrong or somewhere a defective approach. What you should do is just focus on CS with full confidence as job prospectus of CS is good especially in cities like Mumbai, Delhi NCR etc.

 

But at the same time there is no harm going for an additional qualification. But main objective should be to complement your main qualification. With the qualification of CS you may join LL.B. course. This can be joined any time like simultaneously with CS or at a later time say after 2-3 years of completing CS when you start feeling the need of LL.B. qualification with your current profile.

 

Unfortunately the current scenario is most of the students are joining/doing 2-3 professional courses just watching each other. Here at this point I would like to warn you that just be clear about your vision. There should not be lack of vision before joining additional course.

 

As per my advise just analyze yourself and your capabilities and join the additional professional course only if you actually feel the need of doing it. Avoid second course just for the sake that others are doing second course.

 

WHAT IS REQUIRED TO SUCCEED

 

Dual qualification is not a guarantee towards professional success though it can be really handy in your professional growth. Your attitude towards corporate challenges and ability to handle adverse situations in life is responsible to get you everything you want from life.

 

To succeed in your professional life good knowledge and working attitude is must. Recently I have posted an article regarding how to become a better professional. Please read the same at the link given below:

 

HOW TO BECOME A BETTER PROFESSIONAL !!!

 

Reality is u r not able to manage 2 courses but others are doing 2-3 courses today and they r ready to give u competition. But it is ok if u r good with ur knowledge. Revert for further advice.

 

Answer to Question No. 2

 

As mentioned by you that your friend is 37 now. Here I’m bound to presume that he is quite an experienced campaigner with lots of working experience in the industry.

 

As per my advice there is no harm at all if he joined CS now. According to me there would be 2 benefit of doing CS at this age which are as follows:

 

  1. First benefit would be with his previous industry experience + membership of ICSI can get him really good job. Here he has to show confidence regarding his previous experience.

 

But there is one point to be taken care is after completing CS at the age of 41 complete dependencies on CS qualification is not advisable.  He has to put his previous industry experience on front.

 

  1. Second benefit be by doing CS he will be able to fulfill his wish of doing CS which is the most imp thing according to me. This degree can give him lots of confidence and once the desired confidence came he can be a star of the industry.

 

This is my simple suggestion to your friend.

 

Regards

RG

Replies (11)

COURSES AVAILABLE AFTER CA OR CS

 

In CCI a frequently asked question is what are the options available after CA or CS? An attempt has been made to suggest something in this regard. So please find below my suggestions.

 

Combination of LL.B. with CS

 

With CS qualification you may join LL.B. to convert yourself into a complete package of lagal person. With CS+LL.B. combo you can also get the chance with top management level. LL.B. is a very good combination with CS because overall approach required for both the courses is same.

 

With additional LL.B. qualification you can easily and confidently handle Legal work/department along with the secretarial work/department. Later on you may be get promoted to legal and secretarial head.

 

There are many courses which you can pursue with CA or CS. However the choice and decision depends upon many factors like one’s own interest, cost, duration, time devotion etc. depending upon your circumstances.

 

In this regard I’d suggest you to explore your own interest and then decide what you want to do in future.

 

Some of the options available are:


1. CS, ICWA, CFA (US), CMA(UK). These are Long term duration with more than 3 years.


2. CPA, CFP, CIA, CISA etc. are medium term duration depending upon the devotion and your level of knowledge.


3. Further there are many certification programmes like, CIFRS, NCFM, CMA (US) etc. NCFM course is conducted by the Indian Stock Exchanges and concerned with security market.


The combination of CA+CFA is good in case the interest is for Investment banking and Portfolio Management.


The combination of CA+CPA is also a good one in case interest is in Accounting and Auditing field.


The Combination of CA+CS is also good. With this combination you will be able to handle Secretarial deptt along with Account and finance deptt. It is also very helpful to take top chances to work with top management.

 

Hope this information help you. You are welcome to share your thoughts.

 

Thanks

RG

Thank you Richank Sir for giving such a clear idea on doing multiple courses and where to focus and the advantages of the same.......Continue sharing your precious knowledge.

Thanks a lot Sis for acknowledging the efforts with your humble reply.

 

RG

Agree with RG , dual degree is not necessary to succeed in life.

you also mentioned that knowledge is matter but degree is not so important. i want to ask that if a person doing additional degree then knowledge will increase. if any one have two or more degrees then Risk will less.it means diversification of risk.

he/she can serve in various areas of work efficiently.

for example - i am head of the department of internal audit in one of the leading manufacturing company. if i have not knowledge of "cost accounting standards", "secretarial standards", "indian accounting standards", "labour laws", "valuation techniques" and various laws then how can i condect internal audit of the company.

According to me if we do one or more courses seriously then we can get adventage definitely.

At the end i would like to say "Knowledge is Power".

 

 

 

With Regards

Ravi Sisodia

Agree with your wise comment and theory of diversification of risk.

 

But somehow I feel that some students going for the dual degree just bcoz doubling their qualification without understanding the real importance of diversification of risk.

 

So the message is go for additional qualifications after proper analysis of your strength and after understanding the real importance of diversification of risk in this competitive environment.

 

Thanks Ravi Ji.

Yes, dual degree has become a trend now.

But , I think its totally depends upon the wish . If a person feels that he /she can manage her schedule very well and can manage his/her responsibilty. Then its surely a must try.

And about the other situation ...

Its good to mix it up . As it increase the flavour of life.

And as usual ...

ur advice  is wise one with precise explanation . angel

I'd like to draw attention of both Ravi Ji and Richank regarding a bit more detailed and specific discussion on the answer to the second question.

 

People like me, few as we may be, look forward to your words of first-hand experience and above-par wisdom.

Question No. 2

The second question I am asking is for a friend of mine who is 37 years old and wants to join CS. If he joins CS and assuming that he clears the tough exam without much attempts, he would qualify at the age of 41 years. But would he be able to secure a job as a CS? He is willing to scratch from start (at entry level as CS). But would the corporate sector accept him?

 

 

This question is quite interesting --

According to me “Age is not a limiting factor”.

 

i would like to share success story of 60 years young man who become CA in the age of 56.

 

..

..

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About SD Bala ACA

 

 

 

SD Bala is a co author of SFM book of V pattabhi Ram, snow white communications. He is also associated with Prime academy  in many verticals.

He was served State Bank of India for a period of 26 years and after attained the age of 56 (that is a retirement age) have an ambition to become CA.

All the family members, friends and relative were opposed his decision since attaining CA course in the young age is a difficult task. This is the age of retirement, no career after attaining the retirement age.

He started the article ship (Not dummy) in the age of 56 years. Though age wise he is 56 years old, but his mind is young.

Finally he is qualified as CA 13 days before he attaining the age of 60 years.

 

Those who doing preparation sincerely and honestly, no doubt, God grace and support will be with them.

 

i think answer hidden in this real story.

37 year of age is not too late. cs can be done in 3 years. it means in the age of 40 he/she will become CS.

after this around 20 years remaning for carrer.

 

CS Degree + work experience till date  = more success , more carrer (humor - yeh dil maange more)

 

 

 

 

 

With Regards

Ravi Sisodia

 

Thank you very much, Ravi Ji for such a prompt reply. I'll remember your advice.

Dear Saurav da no need to worry as am sure you are capable to achieve everything and anything in your life.

 

RG

I savor your SUPPORT, Dear Richank, always. Thank you.


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