Banking / Insurance & Finance - Career Queries

BFSI- Banking & Financial system of the country plays a substantial role in promoting the long term growth of the economy. Overall employment in the industry is estimated to increase from the current level of 4.2 million to about 8.4 million by 2022. This would translate to an incremental human resource requirement of about 4.2 million by 2022.

Dear Swati, Thanks for writing to us your query! Very good question. Well, future course after CA depends on you career goal. You can work as an independent consultant or full time employee with consultancy firm or corporates or in academia. Also, you need to determine area of work: accounting, taxation, costing, and corporate law Based on your interest, you can do Cost Management Accountant (CMA), Certified Information System Auditor (CISA), Chartered Financial Analyst (CFA), IFRS, MBA and also do PhD without doing any masters course.  If you are interested in academics or research, you

Hello there! Hearty Congratulations for completing your Chartered Accountancy course. Glad that you are also working in a PSU. I liked your query very much since I appreciate your willing ness to further continue your education while doing your job. I have been an Educationist and have been counselling students from the commerce / management fiedl for more tha 7 years now and have been teaching and writing for many years now. To add value to your resume and to supplement your CA qualification there are many options available. Full time courses, part time courses, distance learni

2 answers Dr. Anand Wadadekar, PhD in Banking / Insurance & Finance category

No course is Hard in this world, it all depends on our will & determination.Well if you talk about CA. it is known to be a toughest course amonst all accounting institutes in India.Reasons - why it is regarded as toughest:1) This course actually make a person an expert in almost every field of finance & commerce, such:> Accounts> Financial Mgt> Auditing> Cost Mgt> Company Law> Other Allied laws> Direct Tax> Indirect Tax> Other subjects2) It is course where you have to do lot of self study. You need to study on daily basis to be an expert in the field.3) Durin

2 answers Mayank Chopra in Banking / Insurance & Finance category

Hello My Dear Career Aspirant,I am glad to know that you are thinking of upgrading your self and make your self equipped in terms of knowledge and qualifications to tackle the industry work challenges. Good to know that you are already doing your articleship and already near to the industry practices.I am glad that you decided to approach CareerGuide.com for seeking guidance and advice on your career query. I am sure that the experts here will be able to guide you appropriately.Other course along side Chartered Accountancy course and articleship:I suppose that you are still to complete your Ch

3 answers Dr. Anand Wadadekar, PhD in Banking / Insurance & Finance category

Everybody has some career goals in mind. Something they are thinking of doing or becoming. For Commerce students, there are many avenues where they can build up a good career in future. Company Secretary Course is one such course which can be taken as a profession.It is good choice to pursue "[Company Secretary][1]" along with Graduation.Stages to become Company Secretary The student who would like to join the course after 10+2 pass or equivalent has to undergo 3 stages to pursue the Company Secretaries Course.Foundation Programme. [Executive Programme][2]. Professional ProgrammeThe Student wh

2 answers Renu in Banking / Insurance & Finance category

Dear Aspirant, As already mentioned by other experts about the eligibility criteria, I would like to make you aware that in the industry today, just being eligible by qualification is not enough, but you should have the employability aspects in you to get a good job. Qualification is just a ticket to take you to the interview desk, but how and what you perform on the interview desk, is much more important. So CA qualification will not just get you a good job, but skills of a Chartered Accountant will. so dont be behind getting just qualified, become employable. Best wishes!

4 answers Rohit Dubey in Banking / Insurance & Finance category

1 answer Dr. Anand Wadadekar, PhD in Banking / Insurance & Finance category
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1 answer ChandraKant Munde in Banking / Insurance & Finance category

1 answer ChandraKant Munde in Banking / Insurance & Finance category
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Hello Kiran,  If being a pilot in the Indian Airforce us your passion, nothing can and should stop you. Yes. As we say a backup plan is needed. But if you are passionate you will do anything to see that you are selected. Firstly, no having a negative thought, no saying may be etc and do not even look at the second or backup plan. Motivate yourself by making a goal chart and seeing yourself in that plan already. Be positive, do not let any other thought affect you. Wish you good luck...

1 answer Meghna Mukherjee in Banking / Insurance & Finance category

B.Com honors course is better than B.Com general if it is from reputed universities and colleges. So you can apply for B.Com honors in institutes like Lovely Professional University, Amity university, Shradra University etc and can explore the field of commerce.  You can work as Financier, Banker, Accountant etc after completing the course. M.Com or MBA is also a good option for masters so that you can find a number of opportunities in private and public sectors. 

1 answer in Banking / Insurance & Finance category

Dear Aspirant, When choosing a chartered accountancy firm for doing article ship, you should consider the following points: 1. Number of clients of the firm 2. Background of the proprietor and partners of the firm 3. Number of present article ship students and also how many did their article ship in the firm in the past 4. The working culture of the firm 5. Other factors like location of the firm for the purpose of travelling If based on the above points if you feel that SS Kothari & CO in Chandigarh is best, then you should go ahead and should not think about location like Delhi, etc. Alw

1 answer Dr. Anand Wadadekar, PhD in Banking / Insurance & Finance category

Hi Sneha.. BCom is the best course for any person who are willing to apply for CA. Because, a BCom graduate do not have to appear for the Preliminary test  (CPT) and can directly enter into the IPCC or articleship course of CA. Another advantage is to take coaching for CA exam together with the graduation course. So, you can think about joining in institutes like Pondicheri University, Lovely Professional University, Jmi, Delhi University etc in B.Com for a better future in CA. 

2 answers in Banking / Insurance & Finance category
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Hello Aditya,  You have chosen commerce for a reason go ahead with it. Please note as a commerce graduate banking and finance institutes are open for you. You could opt for B.Com and CA together and later work as a CA. Or you could opt for self financing courses like BAF ( Bachelors in Accounting and finance), BBI (Bachelors in banking and insurance) or BFM (Bachelors in Financial markets). If you had taken Math as a subject in 12th, you could opt for BCA. Follow it with either a job or a masters degree. Choice is yours. Wish you good luck...

2 answers Meghna Mukherjee in Banking / Insurance & Finance category

Hello Anshul.. Apply for MCA or MA etc. You may can find opportunities for admission in good universities by appearing in the university level entrance tests. you may can get scholarships also if you are successful to score well in the tests in institutes like Lovely Professional university, SRM university etc. 

1 answer in Banking / Insurance & Finance category

1 answer Dr. Anand Wadadekar, PhD in Banking / Insurance & Finance category