As a Chartered Accountant, what is the scope and relevancy of doing an MBA?

Explain its scope please

by Rameshwar.gaikwad.1982
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RE: As a Chartered Accountant, what is the scope and relevancy of doing an MBA?

Dr. Anand Wadadekar, PhD
Dr. Anand Wadadekar, PhD
Verified Career Expert
Founder & CEO: Discovering Careers India
  • pune

Hello There!

Looking at your query gave me the feeling that how today Chartered Accountancy and Chartered Accountants are evolving and are looking to enhance their careers to new heights. I am glad that you approached CareerGuide.com for seeking guidance and clarification to your query and I am sure you will get the appropriate and true view of the experts here.

As a Chartered Accountant as you may know that day in day out you would be dealing with financials, transactions, reporting, auditing, compliances, due deligences, etc. This means that a Chartered Accountant is highly involved technical aspects of the business obviously related to money, funds, finances, costs, etc. If you see all these above aspects are for the business organisation and a business organisation exists for doing business, earn profit and create value and living for people. Therefore anybody who is involved so closely to a business, it would be always important for that person to have the 'business sense'.

Chartered Accountants pursuing MBA in Finance, would be highly relevant for companies since it is a combination of technical and business management aspects. Since businesses do not run only on intellect, products which are technically strong, it is very important to have the business angle and business perspective to deal with business situations confidently and solve hindrances and problems coming in the way.

Chartered Accountants with knowledge of business management and that too through a excellent course like MBA, can really add tremendous value to one's resume and create excellent job opportunities in India and abroad. Today businesses are demanding business management knowledge apart from the different technical competencies.

In one line I can say that there is unlimited scope and relevance for a Chartered Accountant doing an MBA from a premier Institution.

Best Luck

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