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New answer posted
7 months agoBeginner-Level 5
1. Start working under a CA and do your M.Com. at the same time, i.e., if you are able to manage time demands from both, the college as well as the office.
2. If you find that challenging, the decision will hinge upon how badly need to start earning. If it is urgently needed, you should start working at CA's office. If not, you should focus on completing M.Com.
New answer posted
7 months agoContributor-Level 8
Candidates can find the comparison table below to have a general understanding of the differences between CFA and CA.
| Parameter | CFA | CA |
|---|---|---|
| Eligibility | Undergraduate degree in any discipline with 4 years of work experience. | Class 12 with 50% marks. |
| Admission Process | Registration on the CFA website. | Foundation course: Class 12 Direct Entry: Graduation |
| Entrance Exam | Not required | CPT (Common Proficiency Test) |
| Top Colleges | Chiranjeev Jain CA Coaching, RVM Finishing School of Finance, Benchmarx Academy, IMS Proschool | Academy of Commerce, Aldine CA, Vidya Sagar Career Institute Ltd, Nahata Professional Academy |
| Course Fees | INR 1,90,000 - 5,00,000 | INR 50,000 - 1,50,000 |
| Top Recruiters | SBI, ITC, JP Morgan and Co, E&T, Deloitte, Bharti Airtel, Citigroup, HDFC Bank, ICICI Bank | KPMG, Deloitte, Ernst & Young (EY), Lodha & Co., PriceWaterhouseCoopers (PWC) |
| Job Profiles | Chartered Financial Analyst, Investment Manager, Portfolio Manager, Risk Manager, Equity Research Analyst | Accountants, Accounting Managers, Auditors, Taxation Experts |
| Average Salaries | INR 15 LPA - 20 LPA | INR 15 LPA - 25 LPA |
The candidates, who are interested in investment analysis and portfolio management, want a global career, or are willing to invest in further exams, can opt for CFA. However, if they prefer accounting and auditing, want a strong domestic career base, and value diverse career options, they can go for CA.
Note- This information is sourced from external sites and may vary.
New answer posted
8 months agoContributor-Level 7
Getting hired by top recruiters for CAs is kind of a challenging thing, because many people qualify for CAs each year, and while there are lots of jobs, still everyone wants to work for top firms. These big companies like "Big Four", and large Indian and International businesses often pay good salaries, provide chances to grow, and builds a strong raputation, hence making them an attractive thing to new CAs.
New answer posted
8 months agoContributor-Level 7
The CA course is all about accounting, checking finance (audit) and taxes, and looking at the financial information. Also, if you have an eye for detailing and dealing with numbers, then also you will find it easy for you. So, if you are interested about businesses and their account related matters then this course will be a right fit for you.
New answer posted
8 months ago
Contributor-Level 10
Yes, ICAI provides study material for CA Foundation, which includes previous years' papers and downloadable content. The ICAI also provides live lectures and sessions through its BoS Knowledge Portal. The study material can be accessed by registered candidates only. Once a student registers for the course, they are eligible to get the study material, sample papers, mock tests, lectures, etc.
New answer posted
8 months agoContributor-Level 6
About 6-8 hours daily would be good for CA Foundation exam preparation. Students must devote 6-8 hours on daily basis and through a time table that must include dedicated hours for studying topics, practicing questions and revision. Students must divide their time basis which subject of CA Foundation they find tough and which ones they find relatively easy.
New answer posted
8 months agoContributor-Level 6
Yes, CA Foundation books are enough for CA Foundation preparation, but candidates can refer to secondary study material too. ICAI provides sample papers, previous years' question papers, online lectures, mock tests and problem solving sessions for exam preparation. Students must make use of these and also use material provided by coaching centres.
New answer posted
8 months agoContributor-Level 6
To cover the CA Foundation syllabus about 6 months is needed. Students who have given the exam before may need less time. However, one must spend at least four months on exam preparation to score well.
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