The value of ca degree - declining rapidly?

Hello Friends,

I think it's a very interesting question. Now I start with CMA and then go for an MBA later. MBA likely won't help you for the first 5-10 years of your career. And for the guys saying CA will open more doors. Only if you are looking at working for an accounting firm. For accounting and finance jobs in the industry they are almost always looking for CMA's first and CA's second. CA's are more for the firms and the large companies that are looking for a specialized person for something like a tax. If you are looking for Controller, or VP Finance jobs I think you are better off with the CMA designation.


Best Regards.
Cavin Brave

This is not the fault of degree. Only 12th passed people earns 20k per month or even higher. It depends on your command of your area of work. What you have learnt in your student life matters.

May be syllabus or article ship training of Ca course is not according to demand of time, but it’s not the only reason. Downtime in market, high results, introduction of cpt etc. are some of the reasons behind reducing value of CA’s.

Competition from MBAs or CMAs is not the reason behind it, but it is internal to the course structure mixed with current market situation.

Rhea i appreciate your words, even i am a newly qualified ca and i am unemployed from last 2 months 

My dear friend ....you have to create your demand in the market ....otherwise no professional can survive in this dynamic market....

Dear Rhea,

                       no  professional course  can you give you a job guarantee future.     its upto your talent, determination and hardwork .  if a company pay you 3 lak per month , they will make a profit of 5 lakh from you.gone are the days  when we say ca where we get respect.  morever , once we  a pass  a profession doesnt makes a professional in us . lot of things we have to develop ourself (  i mean in general including me)  

Let me say this is the narrative of those who are not able to pass CA and or could not get a proper job after CA and have struggled in their life. But they cannot blame CA profession for this. There are successful people and not so successful in all the professions be it medical or legal etc. The good thing about CA is that cost of doing CA is minimal(unlike Med or Eng). There is freedom (no class and it can be done from anywhere.) Every CA may not get a great job but a least some job he is sure to get. So there is no hype. Why it is bit difficult? 1 Quality in students joining( most of them average commerce students and not brilliant science students.). 2. There is no formal class room education.This may result in lack of motivation for some. 3) Results are controlled by ICAI to some extent.4) Those who fail lose interest in future attempts.

So do not blame CA. It is not overrated. Choice is yours to do or not to do. I have never seen somebody saying any other professions are overrated. CA is only a tool. It is only a stepping stone. Success depends on individual.

In future expect CA exams to be even more tough as lot of brilliant students who cannot afford Medical or engg are trying their luck at CA. By the way I am a CA. I took 3 and half years to complete. Getting first job was bit difficult(long back. no placements). Now I am in a good job and happy in my life.

Let me say this is the narrative of those who are not able to pass CA and or could not get a proper job after CA and have struggled in their life. But they cannot blame CA profession for this. There are successful people and not so successful in all the professions be it medical or legal etc. The good thing about CA is that cost of doing CA is minimal(unlike Med or Eng). There is freedom (no class and it can be done from anywhere.) Every CA may not get a great job but a least some job he is sure to get. So there is no hype. Why it is bit difficult? 1 Quality in students joining( most of them average commerce students and not brilliant science students.). 2. There is no formal class room education.This may result in lack of motivation for some. 3) Results are controlled by ICAI to some extent.4) Those who fail lose interest in future attempts.

So do not blame CA. It is not overrated. Choice is yours to do or not to do. I have never seen somebody saying any other professions are overrated. CA is only a tool. It is only a stepping stone. Success depends on individual.

In future expect CA exams to be even more tough as lot of brilliant students who cannot afford Medical or engg are trying their luck at CA. By the way I am a CA. I took 3 and half years to complete. Getting first job was bit difficult(long back. no placements). Now I am in a good job and happy in my life.

Yes it's true day by day this profession is now declining to it's end days now, as there is no value of CA's nowdays. Even CA finds difficultties to earn money sufficiently now, even b.com/ MBA finance aur person who do college from top universities earning handsome valuable money.

This is bad  fate of CA faterninty that this profession is loosing charm and reputation.

R.I.P  CHARTERED ACCOUNTANT  

CA is a good profesional course.But the network of CA is poor. CA course do need some change.There are many people who are earning in lakhs with ca degree as they are more knowledgeable and skillful than other . which makes them earns such money . Even i want to do CA but due to some finance and support issue, i drop the idea but if i have got the support then i would have studied ca without any doubt . Now i am doing bca and with full of jeer everyday that it would be better if u taken science . commerce is uslesss. I really want to show them that "MY PASSION/DREAM IS NOT USELESS UNTILL I START BELIVING IN IT". once you start thinking negative thoughts about yourself , its over .

CA is a good profesional course.But the network of CA is poor. CA course do need some change.There are many people who are earning in lakhs with ca degree as they are more knowledgeable and skillful than other . which makes them earns such money . Even i want to do CA but due to some finance and support issue, i drop the idea but if i have got the support then i would have studied ca without any doubt . Now i am doing bca and with full of jeer everyday that it would be better if u taken science . commerce is uslesss. I really want to show them that "MY PASSION/DREAM IS NOT USELESS UNTILL I START BELIVING IN IT". once you start thinking negative thoughts about yourself , its over .