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3rd February 2017, 09:36 AM
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Join Date: Mar 2013
Re: ICWA Or MBA Finance

Both the courses MBA Finance and Institute of Cost and Work Accountants (ICWA) course have its wide scope and opportunities available both in the home country as well as abroad.

MBA in finance is mainly into business finance where as ICWA focuses on the accounting aspects like collection of financial data and information, book keeping etc.

The candidates can choose any of these courses based on the area of their interest.

MBA in finance is mostly compared to ICWA course and the professional taking up a course in these areas give a stiff competition to each other.

MBA Finance -

Master of Business Administration in finance is a postgraduate programme and its duration is for two years.

The candidates with finance back ground or those who are really interested in starting their career in the financial sector can choose finance as their specialisation.

The job opportunities available for the candidates include

Portfolio Manager
Personal Financial Adviser
Financial/Securities/Investments Analyst
Financial Research Analyst
Credit Risk Management Analyst

There are plenty of opportunities available for MBA finance graduates both in India and in abroad.

ICWA –

The students who have passed their twelfth class can join the foundation course of ICWA.

Those successfully completing the course are considered to be eligible to join intermediate course. The candidates need to pass the intermediate course in order to get admitted for final course.

The job opportunities available for ICWA candidates include

Internal Auditor
Financial Controller
Finance Manager
Cost Controller
Accountant etc

Many candidates after their ICWA course opt for self – employment.

They enter into the post like Consultancy assignments, Excise Audit, Mandatory Cost Audit etc.


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