MBA vs CA

Hello sir I have completed B.Com and now I want to do some professional course so please provide me which is better course CA or MBA.

[Shaleen]

It completely depends on your area of interests. CA provides you with a complete hold over finance; MBA is more about starting/managing a business.

About CA Course

You can apply for CA course after 12th board examination.

CA: - Charted Accountant. It's a professional course.

CA course is divided into foundation course, Intermediate course and Final course.

About MBA Course

You can apply for MBA course only after your graduation.

It is PG course of 2 years duration.

Comparison of MBA and CA

1. Scope of study

CA In depth knowledge on every aspects of accounting, auditing and taxation.

MBA A comprehensive study of managing finance in a business environment.

2. Area of specialisation

CA CAs are involved in core accounting work, looking into day-to-day business.

MBA MBAs are more into management field viz., study of market economics, investment strategies, raising capital, its effective utilisation, people management etc.,

3. Work

CA analyzing risk and design of efficient financial system
taxation and auditing work finalising and certifying the annual reports and balance sheets

MBA-assessing feasibility of business projects vis-à-vis funds available exploring strategies to raise money plan and review new areas for investment etc.,

4. Specific skills

CA logical and methodical approach in work attention to details patience and confidence to handle responsibility

MBA-good reasoning ability (understanding the pros & cons) problem solving skill ability to make and implement decisions
Clear communication

CA or MBA

CA If you are extremely good at general accounting and number crunching, and wish to delve more into it, go for CA.

MBA If you are comfortable with accounting and have a strong desire for business part of the profession, get in to business deals etc., then MBA Finance would suit you perfectly.