Hi Muthaiah,
CFA (Chartered Financial Analysts) is a professional qualification offered by the CFA Institute to financial analysts. A CFA qualification validates your knowledge of security types and investment along with the knowledge of quantitative methodologies for analyzing securities that is assessing their value and identifying their underlying risks.
CPA (Certified Public Accountant) is the statutory title awarded to qualified accountants in the US who cleared the Uniform Certified Public Accountant Examination. Candidates should meet additional state education and experience requirements to become a certified CPA. CPA programme deals with accounting and financial insights which are applicable in accounting and auditing services, taxation, consulting, research etc. In India, this is a relatively new qualification, however; ICFAI has established the CPA Council of India to develop and regulate the CPA profession on sound ethical lines.
CIMA (Chartered Institute of Management Accountants) is a leading institution that offers internationally recognized professional management accounting qualification. It is the largest professional body of management accountants offering relevant finance qualification.
Career Prospects:
Apart from Banking, Insurance, Corporate Sectors and Finance, Leasing Companies, CFA charter-holders have openings in sectors like Railways, Reserve Bank of India and Financial Institutions like ICICI, IDBI, IFCI and UTI, etc.
After completion of the CPA programme, you can find openings in Banking and Financial services sector and practice areas like finance, mergers & acquisitions, risk management and consulting.
A professional qualification from CIMA is one of the best options for a career in International business. Openings are available in sectors like Accounting, Banking, Education & Teaching, Finance. One can begin with a salary package ranging from Rs 5 to 10 lacs per annum.
You can refer the article for more information:
https://www.shiksha.com/cfa-cpa-cima-article-4661-1Hope it helps. Please feel free to revert. Click on the thumbs up or mark it as the best, if you found this useful.
Wish You Luck!
Hi Muthaiah,