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Hello Jaffer,
A course in ICWAI or MBA, though both are finance related, they both serve two different perspective.
An ICWAI, will enhance your knowledge in the accounts section. And an MBA, will enhance your knowledge in the management field. Thus choose on the basis of the industry requirement.
If you are working, then depending on the job requirement take a call. If not, then self introspect, is it accounts department you wish to excel in.
As a counselor, I feel you should at the moment focus on aquiring knowledge which will help you in your career in long term. Thus an ICWAI can be pursued first which will strengthen your accounts knowledge and then you could focus on managerial skills.
But please note, it is your career and no one other than you can make this decision better.
Hope this helps.
Wish you good luck...
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