Can chartered accountants become investment bankers?
Asked by Shruti
-
3 Answers
-
Hi,
You will need to complement a Chartered Accountancy degree with a CFA or MBA with a specialization in finance or an FRM degree to train oneself exclusively in finance. Having any of these degrees along with a CA degree makes you outrun the other candidates. The average base salary of a Chartered Accountant in India is INR 6.25 LPA compared to INR 11.9 LPA for an Investment Banker. There is no direct entrance for a chartered accountant to be Investment Bankers. But as a matter of fact, a CA can become good Investment bankers due to their exclusive study of finance, equity market, debt market, capital market, IPO, securitization, Merg...more -
Yes, chartered accountants may switch careers and become investment bankers. However, there is no direct route to becoming an investment banker after doing CA. To understand the job profile and skills needed by investment bankers, they must take a bridge course. Investment banking requires a deep understanding of financial modeling and analysis. The available courses to transition from a job in investment banking include:
1. Chartered Financial Analyst
2. Certified Public Accountant
3. Financial Risk Manager
4. MBA (Finance)
5. Financial Modelling Certificate course. -
You will need to complement a Chartered Accountancy degree with a CFA or MBA with a specialisation in finance or an FRM degree to train oneself exclusively in finance. Having any of these degrees along with a CA degree makes you outrun the other candidates.
Related Questions
Taking an Exam? Selecting a College?
Get authentic answers from experts, students and alumni that you won't find anywhere else
Sign Up on ShikshaOn Shiksha, get access to
- 63k Colleges
- 964 Exams
- 612k Reviews
- -50000 Answers