I am doing B.Com honors. Which one is better: CA or CMA with MBA?

Hi, Yes, you are right. But, before you decide you should know both of them thoroughly. CA (Chartered Accountancy), is one of the oldest and one of the most reputed professional courses currently being offered in India. Best part about CA is it is internationally recognized and India CA's are considered one of the best in the World in terms of Accounts and understanding and interpreting the Law. CA is considered one of the toughest exams in the world. Now, I will move on to the real life importance of CA. CA is more practical life and mind puzzling and much more in the direction of interpreting the statutes to conclude their practical implications. Indian economy is widely based on this profession. A CA does not have a cap on his income and there is no concept of retirement, rather CA's value increase with time. But the biggest challenge in this profession is, it is as much as experience oriented but also there is always a need to keep ourselves up to date with various changes in the law. CMA (Cost & Management Accountant), is on emergence in India, but the demand is still very low and hence, the regulating body keeps the result way too low, so as to control the number of CMA's in the country. CMA is more based on analytical skills and understanding the Concepts of Cost related issues and better management decisions. In India, modernization has taken a lead but still most of the industries do not focus on Cost cutting and better management which is why they do not feel any need of CMA's and hence, the demand is very low. CMA's are paid well but jobs are few. But this profession is in great demand overseas. Now, let me answer your question: Monetary Terms CA is better. Job Availability CA is better. Scope and knowledge enhancement CA is better (there is way too much to learn, which is nearly impossible for a single human being to comprehend) Opportunities CA is better. (Unlimited, as a CA performs and works in 100's of fields and also as per some laws, they are allowed to perform functions of a CMA too but not vice versa. ).

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Hi Divya, Yes, you are right. But, before you decide you should know both of them thoroughly. CA (Chartered Accountancy), is one of the oldest and one of the most reputed professional courses currently being offered in India. Best part about CA is it is internationally recognised and India CA's are considered one of the best in the World in terms of Accounts and understanding and interpreting the Law. CA is considered one of the toughest exams in the world. Now, I will move on to the real life importance of CA. CA is more practical life and mind puzzling and much more in the direction of interpreting the statutes to conclude their practical implications. Indian economy is widely based on this profession. A CA does not have a cap on his income and there is no concept of retirement, rather CA's value increase with time. But the biggest challenge in this profession is, it is as much as experience oriented but also there is always a need to keep ourselves up to date with various changes in the law. CMA (Cost & Management Accountant), is on emergence in India, but the demand is still very low and hence, the regulating body keeps the result way too low, so as to control the number of CMA's in the country. CMA is more based on analytical skills and understanding the Concepts of Cost related issues and better management decisions. In India, modernization has taken a lead but still most of the industries do not focus on Cost cutting and better management which is why they do not feel any need of CMA's and hence, the demand is very low. CMA's are paid well but jobs are few. But this profession is in great demand overseas. Now, let me answer your question: Monetary Terms CA is better. Job Availability CA is better. Scope and knowledge enhancement CA is better (there is way too much to learn, which is nearly impossible for a single human being to comprehend) Opportunities CA is better. (Unlimited, as a CA performs and works in 100's of fields and also as per some laws, they are allowed to perform functions of a CMA too but not vice versa.

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This is the most common question in the mind of students opting B.Com or B.Com (H) as their undergraduate degree. CA is the best exam in the field of accounts and also it is one of the toughest exams. The result of CA also go 5 or 6%. Most students do the CA along with their B.Com (H) and make their career. But, mostly students cannot clear the last level. It all depends on your hard work, knowledge in the field of accounts. The subjects are not tough in CA. On the other side, you have to clear CAT exam with good percentile if you want to do MBA. MBA is a two year post graduate programme which is offered by private and government universities. IIM is best for MBA. So, study according to your interest, knowledge. All the best for future.

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