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Hi,
If you are wondering which would better suit you after Class 12- a career in Chartered Accountancy or a career in Cost Accountancy, then read on to find out more.
*Chartered Accountancy (CA) is one of the most highly sought after courses in India. It is the most prestigious qualification in accounting and finance degree. Chartered Accountancy equips a student with thorough knowledge of auditing, taxation and accounting. It is important for students to register with the institute of Chartered Accountants of India to appear for the examination.
https://www.shiksha.com/career-as-chartered-accountant-cc-23
Scope and Career Prospect: Chartered accountants are involved in a variety of roles. They are either employed by a company or are practicing chartered accountants. They are involved in:
preparing financial statements and management reports
liaising with internal and external auditors
carrying out taxation and auditing work
advising on tax and efficient tax planning
preparing the annual reports
Quality chartered accountants are always in high demand. As a fresher, you will start your career as internal auditor or as a team member in the finance department of an organisation.
*With the globalization of the economy, the demand of quality cost and management professionals is on the upswing. Cost Accountant is expected to collect, assimilate, collate and analyze financial information from all areas of the organization. A cost accounting degree equips you with the knowledge on how to manage finance competently and ensure managerial decisions are well within the available resources.
https://www.shiksha.com/career-in-icwai-article-4663-1
Career Prospects: With experience and training, cost accountants can hold top management position like Financial Controller, Chief Accountant, Cost Controller, Marketing Manager and Chief Internal Auditor.
Average salaries at junior level are Rs 10,000 to Rs 15,000 per month while a senior most CWA can expect to get Rs 30000 to Rs 35,000 per month in domestic markets.
You can analyze the various opportunities available and select the right path based on your personal criteria which should include:
*The interest and aptitude towards the subject
*Interest to get a job
*The future Demand for the particular program
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Never go for correspondence course from any university. It would prefer Lovely professional university than KMV. There is a difference of earth and sky between KMV and LPU.
KMV is small and local college Where as LPU is India's largest and International University not a college.
Secondly by joining lpu in any of the courses they are providing a student automatically develop skill set of soft skills, presentation skill etc as it provides diversify academic and social environment.
I would recommend you two courses as per your interest:
M.Phill In English which is specifically for soft skills, presentation skills, interview skills, public speaking etc.
OR
M. Journalism (Mass Communication)
Both the above courses are of two years and also these will be beneficial for you throughout your career.
For detail of fee and scholarship you can check following link:
http://www.lpu.in/program/M-Journalism-Mass-Communication.php
http://www.lpu.in/program/MPhil-English-Full-Time.php