Raman kumar  Garg

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

I am looking for a descriptive answer

by Raman kumar Garg
1 answer
| Share :

1 answer

RE: As a Cost Accountant, what is the scope and relevancy of doing an MBA?

Dr. Anand Wadadekar, PhD
Dr. Anand Wadadekar, PhD

Hello there! Looking at your query I can definitely say that you have touched upon a very important aspect of education, especially for Cost Accountants. I am glad that you approached CareerGuide.com for seeking clarification to this very good and unique career query.


I am an Educationist and have been involved in career counselling for many students from commere / law / management stream and also I have been involved in teaching and writing on career management for many years for reputed newspapers and magazine all over India.

I suppose that you are already a Cost Accountant or may be on the verge of completing it soon. As you may be aware that a Cost Accountant (CWA) is a professional in the industry very much involved in the accounting and cost department of the organisation. CWAs are at par with CAs as far as the statutory requirement is concerned under the Law and there are good number of opportunities and career scope for a cost accountant.
An MBA is a management person who is taught the business management aspects which are very necessary to run the business organisation. MBA is a non-technical course and gives the much required information and knowledge required for businesses today to grow and manage. MBA is a qualification which if acquired through only a reputed business school can give you the required competence and skill.

Generally what I have observed till now that, majority of CWAs pursue Chartered Accountancy as their second added qualification and Chartered Accountants pursue Cost Accountancy as their second added qualification. I have also seen that many CAs pursue MBA Finance. so I do not find any reason for CWAs NOT doing MBA Finance as an addition and strong qualification!

As for CAs, CWAs also have a great chance to become MBAs and lift their career graph and also get a diverse qualification and knowledge. CAs+MBA or CWA+MBA is a wonderful combination and can definitely fetch good job profiles and salary packages in the corporates.

If as a CWA, if one does an MBA Finance, the candidate can definitely climb the management cadre like Manager, VP, etc. An MBA with CWA/CA definitely gives the candidate a strong career growth and diversification into management of business.

In order to post replies to the question: "As a Cost Accountant, what is the scope and relevancy of doing an MBA?"

Post Reply

Latest ANSWERS

Hi, I have graduated in B.Com (Banking & Insurance) in 2015, and have around 2 years experience in the insurance field. I have always had a keen interest in the Events and media field since college. Currently I am confused on my further studies

Hello, You can do masters in commerce and make career in the lectureship.UGC NET Exam is conducted every year for the students in commerce, arts and h .. read more

m.a. What to do after sociology

Hello, If you have completed your masters from Sociology and confused about the career options you must follow then do not worry you can go for UGC NE .. read more

what should i do after 12?

There are a lot of options to do after 12th. You can opt any type of course like fashion, art, design, math, science, architecture & many more. Ma .. read more

Procedure of selection of IBPS clerk after qualifying exam?

Hello Kushalnag..!! Really happy to know that you are aiming for such a versatile sector - the Banking sector. Working in a bank is a career on which .. read more
Most Popular

What is the best way to get a good rank in NEET and AIIMS? what are the fee structure of mbbs in india?

Hello Arshita..!! Cracking NEET is not something which can be accomplished easily. It will need lots of hard work and concentration. But sometimes, ha .. read more

To become a fashion designer or an airhostess

If you are a creative mind & interested in designing of clothes & all. Then you should go for fashion designing course. Yeah this is an amazin .. read more

What are the Competitive exams that I can attend after my Inter 2nd year(10+2)??

Hello, You can prepare for IIT JEE Exam to make career in the Engineering Field If you get admission in IIT s or NITs you will get good placement Camp .. read more

I complete my graduation n I want to know what do after b.comi have a interest in upsc exam but side by side other options r available fr m?

First of all Congratulations for completion of your graduation.   It will be beneficial for you to prepare yourself for other competitive exam wi .. read more
Caching Date: 2/25/2018 11:37:23 AM