Specialise yourself in one area- become usp whereever u r

CA 2484 views 15 replies

Hi Friends

Getting CA degree is just start. hence plan in intial stage

In case u want to go for job, better u specialise in one area as per demand of industry.

for job area, u can very well visit naukri or monster and read between lines , what is JD, what domain area industry is looking for, if interested try to become USP by getting extra degrees, continous education

It is very important for u to keep urself alive in industry. U are not graduates, u get good package, hence to keep urself in industry, u should be USP.

just decide one area, once u start getting speialisation and working towards it. it will become interesting. u will enjoy.

for eg internal audit--- from IIA USA

treasury , risk mgt, project finance- Diploma from IIB

Accounts- lern SAP from siemens, excel. Accounts is common area. hence try to avoid it

FEMA:

SOX compliances:

budgeting, Finacial planning and analysis: FPM from austalia

 

splecialise urself in one area,,,,, ur chances of getting job in india and abroad for better package and better desgination / respect increases. Ur job security will be higher. because u are usp for industry.

as far as possible, try to be in one specific sector of industry like finance, insurance, mfg.

To the extend possible, if u want to become CFO, u should start ur career in mfg co (whether small or big does not matter), they pay u less, work experience u will get will be awesome. u will be cfo in coming 10-15 yrs . just stick in the same  mfg co for 4-5 years, if u are learning and growing. intially they may give u boring work, after 1 yr u will get good work.

 

IN CASE U FIND IT INTERESTING.. PLEASE COMMENT

 

 

 

 

 

 

Replies (15)
super like... i agree... should specialize in a domain

I entirely agree with you Dhiren sir. Can CS degree with CA be helpful in obtaining CFO or VP-Finance post?

Hi Zulfikar

ur statement is very general.

What area CFO look after.... particularly financial health, MIS analysis, Study of competitor business, various internal balance scorecard and other improvements., Cost margin study etc

CFO is biggest respectable designation in finance. he will never look at secretarial compliance. for it, he will hire a experience CS on contract or roll , to look after the matter.

CFO mostly hold CA or ICWA degree with vast experience in manufacturing industry to service sector. They are good in  soft skills, negotiating, financial studies, diplomat in anwering, eye on details,

but they donot acquire these skill in one moment... they first find a mentor in his boss. such CA or icwa take intelligent decision in choosing their mentor.

They never work for boss... they first of all look for good mentor in his immediate boss..... else they donot continue with him .

Once u get good mentor in ur life.... u can continue there for 4-5 years and get good exposure in various area ..... develop ur soft skill and do specialised study to acquire finacial acumen.

 

And friends. Industry never hire u for ur qualification. they need person with strong soft skill ability, industry ready, confident over excel, SAP knowledge .

4-5 years back CA were highly respected for their qualification. People used to look up .

Now those days are no more.

No senior CA already working in industry will help u at any cost. U have to make ur own roadways or join under good reference if u want to grow as CFO in 4-5 yrs to come.

 

Corporate HR dept and MIS dept is bound to justify headcounts and its deployment.  Hence they never hire extras.

Never day dream and work for ur goal... donot wait for qualification

Graduate, Number of Semi CA  use 3-4-5 years working in industry instead of studying CA. Hence they get more preference over new comer CA.  These graduates feel insecured by your entry, try to pull ur leg to the extend possible by doing dirty politics.

Hence u need to be ready with all possible skill like excel, SAP, soft skills.

Outside world is not same as student life.....We enjoyed much as CA student. Dad used to fed us.

rest ur decision.

So be ready for all  with confidence.

very very correct and useful PRACTICAL advice given by you which ICAI should have given to all freshers. These tricks of trade only help in betterment. you should continue giving practical job related advice as you know ICAI wont do something in this regard. Thanks

rightly said, but luck also pays an imp. role.

inspite of IFRS certfication along with ca i'm still looking for a job.

Hi Prateek,

Rightly said... luck happening at random also plays a role.

Why donot you go for SAP course from Siemens.

To be frank, there is demand for CA in ifrs only for implemetation. Many listed companies hired big4 for

implementation. Ca or graduates Employees working in corporate are internally trained by these BIG4 guys for formats hence not in demand permanently.

IFRS was a just temporary phenomena my friend, which Industry took care by appointing BIG4 in advance.

 

Thanks for sharing

even getting specialisation is very important in the down trend of CA's employment.

Dear Dhiren

please let me know wat is the meaning of FPM in the below given line :

 

budgeting, Finacial planning and analysis: FPM  from austalia.

regards,

Nitesh

 

@ Dhiren Doshi

That was spot on... realistic and practical. 

 

HOW IS THE MARKET  FOR CS NOW A DAYS?

AND WHICH AREA OF SPECALISATION WILL BE GOOD FOR CS IN COMING YEARS. PLEASE ANSWER

Hello All, I too agree with the post.. Wel, i have a question, since i m still a CA student n jst gave my final last month, I feel MAFA the most interstng sub, n i want to further study on it.. Is there any scope in this field n wich course sud i persude aftr qualifying CA to accomplish my interest????

Originally posted by : Zulfikar Surti

I entirely agree with you Dhiren sir. Can CS degree with CA be helpful in obtaining CFO or VP-Finance post?

Thanks for sharing Dhiren. Very useful article.


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