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Both the courses MBA finance and ICWA (Cost Accountancy) are good in their own way.
MBA in Finance is the course which will empower your knowledge in area of Finance plus in Business Management.
If MBA in Finance (Regular) is done from Reputed Institute than it can place you in very good company or organisation as all the reputed MBA institutions provide campus placement opportunity. But doing MBA from any institute will not enhance your career in any way.
Doing MBA from Reputed B- School is important. For that, you need to sit and score enough in one among many of the reputed Entrance Examination Conduct in India.
ICWAI is also very good course to get the thorough knowledge in the Cost Controlling and Management.
you will be eligible to apply in IInd level of ICWAI if you have done your graduation from recognised university.
ICWAI candidate can also expect very good salary and position in any company.
ICWAI course need serious and regular study than only the student can clear the all the 3 level of ICWAI.
ICWAI is regulate by one institution that is Institute of Cost and Management Accountant of India and it will surly have center in PUNJAB.Choice is yours otherwise both the course are very good course in Finance.