Accounting & Commerce

ACCA has the same career prospects as a CA in India. You can practice accounting in any company you wish. You can join consulting companies like Deloitte and PwC, or any other company. A starting salary of 4 LPA is what you can expect initially. The best thing about ACCA is you can get a good number of opportunities abroad whereas CA doesn't have as many opportunities abroad.
Again the problem with ACCA is, in India companies prefer a CA because they are well acquainted with accounting practices followed in India and are familiar with local laws. But, that doesn't mean that ACCA has no opportunity. Start your career, work hard, you will become successful. In field of accounting the people with skill and knowledge are valued more. Be good in your field, it would not matter if ACCA or CA.

Hello,
CFA have following benefits:
Gold Standard - The CFA charter equips you not only to enter the profession, but also to excel.
Global Passport - Earn waivers from regulatory agencies, graduate programs, and more.
Prestigious Network - Connect with an exclusive group of outstanding investment professionals.
Strong Ethical Foundations - Gain confidence and clarity in navigating ethical issues.
Unmatched Expertise - Our rigorous curriculum will equip you for complex investment decisions.
Career Resources - Gain access to career guides, thought leadership, and continuing education.
The CMA, for more than 40 years, the CMA (Certified Management Accountant) certification has been the global benchmark for management accountants and financial professionals. Why? Because CMAs can explain the "why" behind numbers, not just the "what." And that can give you greater credibility, higher earning potential, and ultimately a seat at the leadership table.
In comparison, they are actually qualifications for very different career paths. CMA, which stands for Certified Management Accountants, are designed for accountants working outside of CPA firms. This essentially means 3/4 of all accountants working in various industry and corporate functions. The CMA is most applicable for those who deal with cost and inventory accounting.
CFA, which stands for Chartered Financial Analyst, is a designation for finance and investment professionals those working in equity research, asset management, hedge funds and other types of investment management.
As you can see, these careers don't have much overlap. If you are working (or aspire to work) in either profession, you should be clear which qualification you should be aiming for.

ACCA is recognised globally in over 100 countries. It gives quite a good exposure of IFRS and US GAAP hence becomes important in today's India as well. Though, the scope of ACCA in India is still limited to metro cities, it is slowly and gradually catching up to become a popular course in the commerce field.
There are good opportunities for ACCA in Big Fours and large multinationals but, I am afraid to say that most of the other organisations struggle to acknowledge ACCA (mainly due to lack of awareness). With the adoption of IFRS in recent past, the scope of ACCA has increased, yet limited to above mentioned organisations in India. On the other hand, one can also apply outside India wherever ACCA is a valid qualification (Europe being one) and get to have a foreign exposure.

Government sector jobs after CFA course:
Many governmental organizations are there in our country that takes in efficient Chartered Financial Analyst. A few of those firms include:
Airport Authority of India
Bharat Earth Movers Limited (BEML)
Neyveli Lignite Corporation Limited
Oil and Natural Gas Corporation Limited (ONGC)
State Infrastructure Development Corporation Limited
In addition to these, many banks also take on company secretaries. A few other job areas in the public sector are:
Accounts Branch of the Central Government Law Services
Bureau of Public Enterprises
Government Financial Institutions
Stock Exchanges
Individuals also have the option to work with universities and colleges. With the right combination of expertise as well as experience, one can get promoted to senior positions such as Managing Director, Chairman and Directors in firms of repute.

Career options after completing a finance degree:
With Masters in finance and accounting degree in finance, you could have your choice of career in the financial domain. Some of your choices include careers in the areas of corporate financing, commercial banking, money managing, investment banking and financial planning.
Job opportunities:
1. Financial analyst
Work for: commercial banks, brokerage firms, insurance companies, government
2. Securities, Commodities, and Financial Services Sales Agent
Work for: brokerage firms, investment banks, trading companies
3. Financial Manager
Work for: any type of company
4. Personal Financial Advisor
Work for: insurance companies, real estate companies

Government sector jobs after CWA course:
Many governmental organizations are there in our country that takes in efficient Cost Accountant. A few of those firms include:
Airport Authority of India
Bharat Earth Movers Limited (BEML)
Neyveli Lignite Corporation Limited
Oil and Natural Gas Corporation Limited (ONGC)
State Infrastructure Development Corporation Limited
In addition to these, many banks also take on company secretaries. A few other job areas in the public sector are:
Accounts Branch of the Central Government Law Services
Bureau of Public Enterprises
Government Financial Institutions
Stock Exchanges
Individuals also have the option to work with universities and colleges. With the right combination of expertise as well as experience, one can get promoted to senior positions such as managing director, chairman and directors in firms of repute.

Most important topics to focus for CWA preparation:
Corporate Laws and Compliance
Companies Act
Other Corporate Laws
Corporate Governance
Strategic Financial ManagementDividend PolicyLeasingMerger, Acquisitions and RestructuringForex ManagementFinancial ServicesMutual Fund
Security AnalysisDerivativesPortfolioCapital Budgeting
Strategic Cost Management and Business Strategy
Business Strategy
Strategy Development
Strategy Position
Strategy Choice
Strategic Integration
Strategic Cost Management (SCM) and Control
Strategic Decision Making
Budgetary Control and Standard Costing in Profit Planning
Process Control and Activity Based Cost Management, JIT& ERP
Cost of Quality and Total Quality Management
Application of Operation Research and Statistical Tools in Strategic Decision Making (Advanced level)
Entrepreneurial approach to Cost Management with reference to core competencies
Advanced Direct Tax Laws and International Taxation
Advanced Direct Tax Laws
International Taxation
Tax Practice and Procedures
Cost and Management Audit
Cost and Management Audit
Internal Audit and Operational Audit
Case Study on Performance Analysis
Financial Analysis and Reporting
GAAP and Accounting Standards
Accounting of Business Combinations and Restructuring
Consolidated Financial Statements
Developments in Financial Reporting
Government Accounting in India
Advanced Indirect Tax Laws and Practice
Tax Practice and Procedures