CA Scope

Hi Soma,
CA study needs a pure 100% Undivided attention. Well I will undermine CS course but somewhat attention seeker can be afforded in such Course. CA have all round knowledge of many fields like:
1. Costing
2. Accounts.
3. IT.
4. Law.
5. Audit.
6. Strategic management.
7. Financial Management.
8. Direct and indirect Taxes.
Whereas, CS is considered as theory Course all sorts of Law you will study in its purest Detail.
You will have to study in range of 10-15 hrs. Although you are a bright student till 12th there is 100% possibility of you getting an attempt in CA there is only one way to success that hard work. Coaching classes shall be of whole day like from morning to night, whichever classes seems fit.
The time required is different, CA requires minimum 5 years after 12th and CS requires 3.5 years approximately. Secondly, CS specializes you in corporate related laws like:
1. GCL.
2. Securities.
3. Labor Laws, etc.
These subjects are more related to corporate governance. Thirdly when it comes to profession both have equal prospects as one cannot do the specialized job of the other just as a heart specialist cannot operate brain and a Neuro Surgeon cannot operate the heart although both of them are doctors and have studied many common subjects.
It is a common myth among people and students that the prospects for CS are lesser than a CA. There is a huge difference in their specialization so their working fields are equally different. Now you have to analyze and make your own choice as you have to decide according to your inclinations.
Feel free to raise more questions.
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All the Best.

Hi Dikshant,
The career that you wish to look forward depends entirely upon your area of interest and your skills.
Your passion in a particular subject and your caliber for attaining the highest level of specialization, will eventually lead to a phenomenal career path.
I would therefore suggest you to consider your skills and strengths to boost your career plans
To pursue CA, you can take CPT test.Once you clear that, you can start preparing for CA inter exam.
Any University has no objection in doing CA along with graduation course.
In this way you'll save your time and will complete the course in shorter period of time.
However, the fact is as a CA you will be look after the finance and accounts department and can expect to rise to the ranks of CFO of the company.
There are three stages in CA:
-Common Proficiency Test(CPT)
-IPCC
-Final examination
These are the following coaching institutes that offer CPT test preparation in India:
-J.K.Shah Classes, Mumbai
-IMS Institute, Indiranagar, Bangalore
-Face the Book Education Hub, Bapunagar, Ahmedabad
-Academy of Commerce-New Delhi
-VG Professional studies-Delhi
-Institute of Finance and Accounts-Noida
-Maksi CA/CMA/CS Institute, S.R. Nagar, Hyderabad
Some of the conventional and upcoming career options available for Chartered Accountants.
-Audit and Taxation
-Project Finance/ Financial Advisory/ Mergers & Acquisitions
-Investment Banking
-Banking and Financial Services
-Outsourcing
-Corporate Sector
-Tax management
The main reason to pursue MBA is to increase your salary potential and advance your career.
CAT is one of the best MBA Entrance Exam which is held by IIM (Indian Institutes of Management) for MBA.
Eligibility for CAT:
The candidates should possess the Bachelors Degree in Commerce/ Science/ Arts / any other disciplines with a minimum of 50% marks / equivalent CGPA in the qualifying exam.
MBA specializations:
Finance
Operations
Human Resource
Marketing
Information Technology
Media Management
Event Management
Supply Chain and Logistics
Insurance and Risk Management
Tourism Management
MBAs are exposed to various aspects of the business and hence are better equipped to take decisions that matter to the future direction of the company
Starting as a CA, you can expect to climb up the ladder upto the CFO position. While an MBA's career path upto CEO.
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