Kriti Chawla

I am a commerce graduate and confused between various options like cfa, mba, and job. What should I choose?

I have a job EY-gth. I want to appear for CAT 15 which means I can get maximum 6 months work ex if I start preparing from January..so should I take up this 6 months work ex or utilize this time to prepare for my CAT. Also I have secured admission in m.com should I take this up along with mba coachings as it will be completed before my mba starts. I also want to know about career and job prospects details of CFA. any and every detail on CFA from the very scratch of it.

by Kriti Chawla
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RE: I am a commerce graduate and confused between various options like cfa, mba, and job. What should I choose?

Aparna M Venkatesan
Aparna M Venkatesan
Verified Career Expert
PhD Management And Organizational Psychologist
  • Hosur

Reading up your inquiry, I feel you are more inclined with doing an MBA rather any other degrees. I see you are currently working with EY. Very good on that. You have also mentioned that you will be with six months experience by the time you appear for your CAT in January. My best advice would be for you, please take up this job and build the work experience but not for six months, but for at least for a minimum of two to three years.


I would advice you to go on with this job at EY for next few years but keep it a minimum of two years. Any work experience less than 12 months is not much weighed and it will be considered as a fresher or a starter. Again, work experience from 12-23 months is again not that impressive. An impressive work record is only when it crosses 24 months, meaning a minimum of two years. The main reason why almost all management experts all over the world support students to have minimum of two to three years work experience prior to studying their MBA is, employers will prefer students with MBA + two three years work experience rather than students who are having the MBA with no work experience. There is another reason why the MBA is recommendable after some work exp is, you will understand the subject better when you are already exposed to work culture. This way you can relate to the study better and score well in your MBA. MBA classes are often live with group discussions and case study working. You will be put up in groups to discuss on some real business problems and give solutions. Only when you have prior working business knowledge, you can do such group discussions and case studies well. The last reason why MBA after good amount of work exp is essential is, with prior exp you can start with a high salary after the MBA where as as a fresher you will start with a low MBA salary.

Coming to your last question, CFA/ MBA? It all depends what you want to become in future. I will not advice with MCom but the MBA or CFA has equally great prospects for you.

RE: I am a commerce graduate and confused between various options like cfa, mba, and job. What should I choose?

Dr.Shankar Chaudhary
Dr.Shankar Chaudhary
Verified Career Expert
Chief Coordinator (T&P),) Associate professor and HOD Marketing and Information Technology at Pacific University
  • Udaipur

1.MBA is the best option

2. if you are good in analysis join any KPO job and do mba from distance education

 

 

RE: I am a commerce graduate and confused between various options like cfa, mba, and job. What should I choose?

Reena Saxena
Reena Saxena
Verified Career Expert
Founder - ReInventions (Professional Banker, Career & Image Coach
  • Gurgaon

M.Com should be on last priority. The best option would be to continue with EY, and prepare for CAT simultaneously.

The work ex will help you in getting admissions abroad, if you do not crack CAT. The work exposure should help you in gliding smoothly through the group discussions and interviews. You have a better idea of what is expected.

RE: I am a commerce graduate and confused between various options like cfa, mba, and job. What should I choose?

Kanchan Keshari
Kanchan Keshari

You don't need to confuse. Doing MBA is better option rather than job . Best of luck .

RE: I am a commerce graduate and confused between various options like cfa, mba, and job. What should I choose?

Soumita Sen
Soumita Sen
Verified Career Expert
Career guidance Counsellor & Emotional Wellness Expert
  • Mumbai

Hi Kirti 

As I understood.. You have already secured a job and if thats with EY then thats great.You should consider a few things before taking a decision..

This is a known fact that employers always prefer a person who has a job experience with an MBA degree.But that experience should absolutely align with your specialization.Eg.A person who has worked as an accounts Specialist with EY and then takes up Finance MBA will have equal chances to getting selected as an analyst as that of a fresh MBA grad.So you should understand your profile completely.

The second good option could bw to earn an executive MBA from ISB IIM after working for around 5 years .

But if you wish to go for a full time MBA then opt for a work profile that you want to specialize in.Tgen work for 3 years .Take a break .Prepare thoroughly for the Entrance Exams and go for it..

 

All the best 

RE: I am a commerce graduate and confused between various options like cfa, mba, and job. What should I choose?

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