To my pompous friend,
I have not compared ca with ordinary engineering/mba, I have drawn an equation with elite Institutes like IIT/MBA, here again I did not compare.
I was just trying to educate my unemployed chartered accountant friends, that life doesnt stop with being an accountant. In fact, being an accountant is not a great thing in developed parts of the world.
India is a queer place where the unlikely has market and demand
For example : You dont find voltage stabilisers in USA as there is no concept of power flucuation. It is inefficient power supply system that drives demand for these devices in India. And, accountants too a sort of thrive here because of loop-holed tax laws and extensive and sometimes un-necessary legislation and poor implementation of law.
You see most of the graduates opting for University courses like MS, or going for ivy league universities like Wharton and Kellogs in the US. Most of the graduates from elite Institutes like IITs/ IIMs go for CFA (USA) or after Ivy-League Institutes like Harvard, Kellogs, Wharton, UCLA etc.
Since past decade the IITs and MBBS grads. have occupied major number of slots in UPSC Exams - not because they are unemployed, In fact they get placed at 10-15 lac packs at base level itself and a 30 lac pack is not uncommon for IIT. I am trying to tell you that go ahead in life do not stop with Accountancy Profession only - better yourself as being unemployed gives you time for that.