Hi Frens....pls tell me what would be the best combination CA +CFA(US), CA + CPA(US) or CA+MBA(Distance Learning india)....I want another degree with CA to prosper my job oppurtunites and to get a lucrative salary package.....thanks
CA n CFA (US) r gud..but its quite tuf..coz evn CA Final merit rankers fail at Level -1 itself...n it is given out of india..so 1 has 2 travel for givin exams...n CPA is also given only in US..N MBA wit distance learnin has no much of value..
I WANTED TO INTIMATE YOU PEOPLE TIME BEING DONT JOIN FOR CFA THE MARKET IS VERY HORRIBLE, SO WE DONT KNOW WHEN IT WILL COME BACK TO POSTION, MY SUGGESTION WILL WAIT AND DO CFA COURSE..MY SUGGESTION PLEASE TAKE ALTERNATE COURSE WITH CA LIKE MBA OR CPA....SORRY FOR WRONG ANWSER WHICH I GAVE BEFORE....ALL THE BEST
Well Vivek before joining any other course plz check the regulations of the ICAI plus also be aware of the fact that CFA(US) designation cannot be used by u in India
1. Consider the CPA demand and supply in India. For CPA examination applicant has to travel to USA at least two times, to write the 4papers ( unless someone is brilliant to memorize all 4 together- then dare to take the test and pass with at least 75%)... this make it more challenging to prepare from India...and lowers the supply in India...and with American Companies like Citibank, American Express, GE, Google, KMPG, etc.... establishing business in form of bank-end office or product engineering markets or consumer markets or low-cost office destinations...demand is increasing. So study the situation carefully. think who's going to be there in India...10yrs down the line and can u study then?
2. CPA is accounting base and CPA is finance based. I m sure you already know this. They both have different core's.. CPA is like law ---> courts make the rules & decision. CFA is like science ---> same concepts & application anywhere in the world. Why on earth do u want to change your core subjects. Think twice will it be good or bad for u. Do you want to leave India kya??? { Don't misunderstand; CFA designation alone behind you name will definitely envy most of your friends for sure).
3. With CA + CPA you can start your own consultancy. like helping startup companies get listed on NYSE. Because you can easily convert the books to US standard. You can go ahead for Global Accounting Issues or IFRS and specialize in those matters. That’s another highly lucrative career in future. {Don’t know how the investment bank will survive now; and what bonuses will be allowed by Uncle Sam}.
Tell me what u think.
EVERYONE IS WELCOME TO ADD THEIR LOGIC TO THIS THOUGHT.
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i wanted to CPA-CFA dual course distance degree... suggest me in best universities and its value throughout the world.. i am doing my CA too....& is it ok with ICAI if i do in ICFAI?