Pls help

CMA 598 views 3 replies

Abhishek

executive

34 Points Joined July 2011

Dear all,

I am bit confused right now for my career. I have 8 years of experience in book-keeping and since the starting of my career i only worked at Executive levels. As I have worked in big corporates i managed to get a package of Rs.4.50 lacs due to my stability and work experience but right now I am feeling very insecure about my future cos competition is increasing day by day and qualified professionals are there to work at lower salaries then why the company will keep us on higher salaries. As far as my qualification goes, I have done B.Com (Hons) from Delhi with 50% and PGDBA (Finance) from a Distance Learning Institute with 73%. Now I am thinking of upgrading myself and move higher on education of have a secured future.. basically I am planning to pursue CFA (from ICFAI) or CWA (though confused between them). I am already 30 years old, married and having a kid also. More or less i am inclined towards CWA program.. Will be grateful if I can get some great guidance. Thanks in advance

Replies (3)

himanshu jaswani

student CA FINAL CS FINAL B.com(H)

94 Points Joined July 2011

CWA is the better option because you to put less efforts then CFA but duration of CFA is less then the CWA and you have long training period in CWA but it can be exempt bcoz you are doing job also but i am not sure. Wait for others members to comment upon this. In my opinion CWA is better option.

himanshu jaswani

student CA FINAL CS FINAL B.com(H)

94 Points Joined July 2011

I must tell you one thing more that these two are different courses of different area so choose in which you are comfortable and you want to do it with full of energy and in which you have interest.

Abhishek

executive

34 Points Joined July 2011

Thank you sir for your prompt reply... wanna tell you that basically my work is book-keeping but side by side i have also done some stock market courses(NCFMs) and now also am a Technical Analyst (Course done thru Bombay Stock Exchange) though not pursuing the career. That is the only reason why i want to be in Financial Analysis. But again gaining 8 years of experience in book-keeping i don't want to waste my experience and want to attain a higher position in my organisation or any organisation for which I will work. In India, there is no formal education required to analyse the stock markets and other financial markets and when it comes to working under somebody they require to have a higher degree and again the pay scales are very low cos i have to start afresh. I need income security than anything else and for that I want to be a CWA cos this will be a professional qualification and will stay with me all my life.