Which one can offer more salary among CA and MBA from a reputed college?
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Answered by
Parveen Kumar Sharma Communication Skills Expert; Career and Life Coach | Guide-Level 14
7 years agoA CA can earn more than an MBA in the long run. An MBA, if not from a reputed college can go slow in rise because employers tend to start with a low salary then. Even if you do MBA from IIM, it shall need really good skills and opportunity to hit that magic figure of salary. A CA on the other hand can earn as a freelancer as well. -
The average salary of a CA is INR 10.3 LPA while that of an MBA graduate is INR 3.6 LPA.
Further, the earning potential of Chartered Accountants (CAs) versus MBAs can vary widely based on several factors including location, industry, experience, and specialization. Both CAs and MBAs can command high salaries, but the specifics depend on individual career paths and the roles they take on.
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CA is a professional qualification and has more weight age from a qualification perspective. It makes you a specialist in the accounts & finance domain and you can also start your own practice. Whereas MBA gives you exposure to general management principles and gives you an opportunity to explore a career in general management. The decision here would depend a lot on your interest areas and career aspirations.
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Answered by
CA Anubhav Jain Cool by heart and you can ask me anything | Contributor-Level 7
7 years agoHaving said that you have done MBA from a top college, the salary will be somewhat equal for both CA and MBA. -
I'd suggest you to go for CA course as a CA can earn more than an MBA in the long run. An MBA, if not from a reputed college can go slow in rise because employers tend to start with a low salary then. Even if you do MBA from IIM, it shall need really good skills and opportunity to hit that magic figure of salary. A CA on the other hand can earn as a freelancer as well.
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