CA is the perfect option for Commerce students regarding determining a career. However, only very few of you will receive the chance to prefix Chartered accountant before your name. For all of you, this is the most dignified degree.
And if not CA, are you puzzled, what? Have you finished CA and thought about what to do after CA? Or in a worse state thinking about quitting Chartered accountant from the middle?
However, after CA, what should I do? Do not really stress. Don’t worry. Do not worry. This isn’t the globe’s end. If you have one of the above issues in mind, you can choose from numerous career choices. After Chartered accountant, let me say what you must do. You should choose one of the following professional options after CA if you do not want to do so. But you must remember that no shortcut to success is available. You must work hard to make anything happen. If not for Chartered accountant, all other choices can be chosen.
Consider These Paths Other Than CA
1. Master of Business Administration (MBA) or Postgraduate Diploma in Management (PGDM)
A master’s degree in Business Administration (MBA) and PG Diploma in Finance (PGDM) gives you different financial prospects. In all organizations, both in private and government, it gives you excellent opportunities for jobs. MBA/PGDM financing lets you gain insight into financial managers’ roles. You can however help manage your own company. Finance MBA/PGDM allows you to review business reports and forecast the patterns of the economy. It will also allow you to take action to optimize stock value, select portfolios of investment, and balance the risk. MBA and PGDM are logically and practically differing levels, but they are essentially the same. MBA is a graduation program of both universities or university affiliates. On the other hand, PGDM has been approved by AICTE and the government in every autonomous entity. Both are two years of 4 semester courses. You can operate in any private company after you have completed MBA/PGDM in financing.
2. Chartered Institute of Management Accountants (CIMA)
Often one of the job choices for a CA (Chartered accountant) exit from the Chartered Institute of Management Accountants (CIMA). You can study Financial Accounting and Accounting Management. You also study business administration, data analytics, financial reporting, software costing etc. You need to clear a maximum of 17 of 4 tiers of CIMA qualifications. You will receive a CIMA Global diploma during each stage. You need three years of experience at CIMA. CA reduces you to the national level, but CIMA encourages you to find employment worldwide. In India, more and more MNCs are generating jobs in subway urban areas.
3. Company Secretary (CS)
Company Secretary is one of the job choices for CA drop-outs if you leave or drop off CA. CS is engaged to deal with the company’s accounting and legal issues. CS is the only individual allowed to conduct an organization’s secretariat audit. The CS research helps you to find a better job than the CA study. CS is better than CA, which means you can quickly complete CS if you cannot keep CA because of its level of difficulty. Like CA, CS is split into three levels, namely, foundations, management and professionals. However, if the CA Foundation has already passed or graduated, you should start from the Management level.
4. Certified Public Accountant (CPA)
Another of the career opportunities following CA is certified public accountant (CPA). It is also the highest level of accounting competencies. In addition to CA, if you follow CPA, you would have the experience of GAAP, International Financial Reporting Standards, Generally Accepted Accounting Standards (GAAS), U.S. federal taxes and corporate law. CPA career opportunities include Forensic, International and Tax Accounting, etc.
5. Chartered Alternative Investment Analyst (CAIA)
One of the finance career options for CA drops is the Chartered Alternatives Investment Analyst (CAIA). It focuses primarily on alternatives. It’s your business if you want to work in the wealth management and hedge fund businesses. The CAIA includes mainly hedge funds, private equity, real property, asset allocation, structured goods, risk and ethics. After studying CAIA, you’ll concentrate mainly on a niche field.
In Conclusion
So, now, I suppose, after or after you left CA, you have a reasonable idea. Whether a CA or not, the options listed above will certainly improve your career. Many businesses continue to seek professional accountants or financial analysts to gain more. Review all of the lessons, job choices and make the correct decision. It’s nice to finish and become a CA, but what if not? After leaving CA, what do you do? Or what about if the CA isn’t? After B.COM there are plenty of job opportunities and courses open, but which one would be your best choice? It totally depends on you. Take your decision wisely.
