CA vs MBA - Know the Differences
CA vs MBA - Looking at the competitiveness of today’s environment, no one can ignore the importance of having a professional degree. On one hand, we have professional courses like CA, CS and on the other side of the coin, we have a postgraduate degree like MBA having its own benefit label. If candidates have specific interest in the finance domain, then choosing between pursuing CA and MBA can be a tough decision to make. Thus, it is imperative for candidates to see themselves in a state of dilemma. Today, in this article, Careers360 aims to give clear cut details on what CA and MBA is, course structure, scope, career path, CA salary in India and much more. Chartered accountancy commonly known as CA is a professional course having international recognition. Whereas MBA is a two years postgraduate degree that opens a gateway for candidates to an abundance of job opportunities. The final decision i.e. CA vs MBA, however, lies with the candidate and must be taken with due diligence.
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Which is Better? CA vs MBA
Without a second thought, we can say that both CA vs MBA drives your career to a new zenith. Henceforth, it is likely to be confused as to which is more suitable and will help to achieve what a candidate desires for. The differences between CA vs MBA are given below:
Overview of CA vs MBA:
Economical. The overall money invested in a CA certification is less as compared to an MBA degree.
Highly expensive if you are planning to do it from Top B-Schools like IIMs, XLRI etc.,
Out of 100, only 3-5% of candidates are able to qualify and get certified as CA.
90-95% of candidates who opt for MBA course end up getting good jobs.
Few. For a qualified CA, ample options are not available to a CA
Wider options are available.
3 years Articleship
Few months internship ranging from 3-6 months
Extremely difficult to crack
80% of candidates crack the exam and pass
If one wants to pursue CA, then he/she has to think in advance. Whereas an MBA course can add additional values to the existing professions. Nowadays, even executive MBA courses for working professionals are also available.
Eligibility Criteria of CA vs MBA
Once you know what CA and MBA basically are! Next step for you to know is the CA vs MBA eligibility criteria. CA and MBA both occupy popular position under top professional courses. Below mentioned eligibility criteria can be checked by candidates if they are planning to either the take-up CA profession or pursue MBA course degree.
Chartered Accountant (CA)
Master’s in Business Administration (MBA)
Exam conducting body
No Single Body (IIM Indore for CAT 2020)
Three Levels i.e. CPT, IPCC, CA-Final
Chartered Accountant, Auditor, Finance Manager etc.,
Manager, Team Leader, Human Resource Head,
What is CA or Chartered Accountancy Course?
Chartered Accountancy is an international and professionally recognized course. In India, CA course is conducted by ICAI i.e. Institute of Chartered Accountants of India. A person who qualifies Chartered Accountancy course is known as CA. To be recognized as CA, candidates need to appear for CPT (Common Proficiency Test) after clearing 10+2. If any candidate does not wish to give the CPT level, then he or she can register themselves for IPCC on condition that they have a graduation degree. Keeping in mind the track record of passing candidates in CA course, it is always advisable to candidates to have at least a graduation degree.
Main Objective of CA Course - To provide exposure to the Financial and Accounting sector.
What is an MBA or Master in Business Administration?
Master’s in Business Administration commonly called as an MBA is a postgraduate degree that is widely recognized all over the world. Candidates having an MBA degree are open to vast opportunities. Bachelor’s degree from any background like Science/Humanities/Commerce etc., is acceptable to pursue an MBA course. To take admission in MBA courses, many National, State and University exams are conducted like CAT, MAT, XAT, CMAT, MAH CET, SNAP, GGSIPU etc., MBA course has multiple specializations whereas CA course focuses only on the financial aspect.
Duration of CA vs MBA:
Duration of Exam
Four years (only if candidates clear in the first attempt)
Two-year degree programme
Scope and Job Prospects after the CA Course
Although many professional and diploma courses have emerged in recent times, yet the importance of CA courses can not be overlooked. A well qualified CA is in demand in all industries. As a CA, an individual can work with the government/ public undertaking or private sector companies as well. If one does not wish to work under someone, then CA has the option to practice individually. Check out how to become a CA in India to know complete details.
Job Prospects After CA Course
Auditing firms, Taxation
Management Consultancy Services
Scope and Job After MBA in India
Apart from the high MBA salary in India package, a person having MBA degree will have uplifted career opportunities. The importance of having an MBA degree can not be neglected. MBA can be a part-time MBA or full-time MBA or distance MBA course. Candidates having MBA degrees are demanded in every industry. If you wish to know more about what an MBA is all about, check all about MBA course.
Job After MBA in India
Marketing Manager / Consultant
Human Resource Manager
IT / Operations Manager
Qualities of an MBA Graduate:
Uplifted Work Values
How to Enroll? CA vs MBA
Skills Set Required for CA vs MBA
After becoming a CA, candidates must possess the following skillset-
The lucid approach of Accounting and Auditing
Knowledge of socioeconomic conditions
An MBA graduate is expected to possess the following skillset-
Strategic decision making
Salary Package: CA vs MBA
Money is what people crave for in today’s competitive environment. No doubt about the fact that it is important for survival. Both CA and MBA have their own advantages in terms of money. A Qualified CA can get an average starting salary of 5-8 Lakhs for annum. However, the top financial companies like Deloitte, E & Y etc., may offer more than 20 lakhs to a well qualified Chartered Accountant professional. Whereas for MBA graduates, the average MBA salary in India which is offered in top B-Schools may range from 12-15 lakhs per annum.
CA Fee Structure
|CA Fee Breakup||Amount in Rupees (INR)|
|CPC Registration fee||6,000|
|Intermediate course registration fee (both groups)||15,000|
|Articled training registration fee||1,000|
|Final course registration fee||22,000|
The choice is yours. Think before you make a choice!
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Questions related to CAT
I scored 170 Marks Gen cat.neet 2020 My MAMA maternal uncle resides at Dubai as NRI since 18 yrs. How I can take benefit of NRI QUOTA in government medical college in Rajasthan. I am Rajasthan bonafied . What documents are required .
Hope you are doing well,
To apply for the benefit of NRI quota following are the list of documents required
NEET Score Card
A document which can claim that your sponsorer is an NRI ( document can be a Passport, Visa of the sponsorer)
Candidate's Relationship with NRI.
The candidates who had earlier applied under Indian citizenship but whished to changed to NRI quota would have to send relevant documents to the authorities at email@example.com till October 23 up to 10:00 AM.
For more information visit https://news.careers360.com/neet-2020-counselling-mcc-releases-notice-for-admission-under-nri-quota
my all India rank 207718 in neet 2020 Marks 381.category rank 16212 my home town telengana v have sc reservation can u predict b cat colleges which I get
Based on your rank you will get seat in following colleges:
1.Bharati vidyappeeth DU Medical college and hospital.
2.Shri sathya sai medical college and research institute.
3.MGM Medical college and Hospital,Aurangabad.
4.Manipal college of dental sciences,Manipal.
5.VMKV Medical college and hospital,Salem.
for more colleges go through the below link:
this year can i get admission in nia jaipur for bams.my neet score is 459 cat.-sc
As NIA jaipur counseling is conducted by AYUSH AIQ BAMS counseling itself for all the seats. There is total 125 seats in this college. Last year cut off marks for different categories for this college was
as this year ranks are somewhat high at this marks. But also your marks is almost 30 marks more than previous year cut off so there is very high chances that you will get this college through your category quota.
Hope this information was helpful
You can use our college predictor tool and get probable list at which colleges you can have shot
Gud luck !!
Respected sir, for paper first in UPSEE my gen. rank 11647 and marks 284 hai kya mujhe koi best govt. college mil jayega ya UPTU me top college milega my cat. OBC plz suggest.
Based on previous year cut off, you have good chances of getting a seat in the following top government colleges through UPSEE -
- Feroze Gandhi Institute of Engineering and Technology, Raebareli - ECE, CSE, Mechanical Engineering , Aeronautical Engineering
- Indian Institute of Carpet Technology, Bhadohi - Carpet and Textile Technology
To know more about the colleges in which you can get a seat in your desired branches, you can use UPSEE College Predictor https://www.careers360.com/upsee-college-predictor?ici=cp-listing_root&icn=UPSEE-College-Predictor
My CAT 2020 ADMIT CARD photo is rotated to left.will it be a problem? if yes, please tell me how to resolve it.
While filling up the form if it does not show any error then it will not be a problem. Also there is not mentioned in the guidelines that the rotated photo is accepted or not so unless if there is any error you will get a mail to recorrect it .