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MBA After CA: Advantages, Top Colleges, Scope, Salary

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MBA After CA: Advantages, Top Colleges, Scope, Salary

Edited By Alen Tom Shaji | Updated on Apr 08, 2024 02:41 PM IST | #CAT

MBA after CA: Having a CA degree is not everyone's cup of tea. It takes full intensity and focused commitment to emerge as a winner through a series of exams. Before planning to join an MBA after CA, aspirants need to know if it is worth the effort. and its benefits. An MBA teaches how to manage a business. CA teaches you how to save taxes. A CA programme is good for business, and candidates rise up the ranks in the job as they get an MBA. Read this article to know more about MBA after CA salary, course duration, fees, etc.

MBA after CA in 2024

Aspirants who have completed the CA already have the required skills for studying for an MBA. While some people may feel satisfied after becoming CAs, others may not. A CA degree actually gives some people a decent amount of experience and earnings.

MBA and CA are the best ways to give candidates careers the boost they need. Also, it gives them an upper hand over their competitors, as they will be highly sought after in an interview with an MBA and CA. This opens doors to higher compensation packages and bigger opportunities.

While these benefits are enough to pursue an MBA after CA, let's delve deeper into various other advantages!

Entrance Exam to Pursue MBA

Why an MBA after CA?

Aspirants who decide to pursue an MBA after a CA programme look at the following compelling reasons:

  • Improved skills and knowledge

  • Improved job prospects

  • Leverage the best of MBA and CA

  • Career options abroad

Know more about;

Jindal Global Business School | MBA Admissions 2024

MBA (2 Years) & MBA in Business Analytics (1 Year) @ JGBS | NAAC Accredited | AACSB Member |92% Placement Track | Highest CTC 11 LPA

DSU- Dayanand Sagar University MBA 2024

60+ Years of Education Legacy | UGC & AICTE Approved | Prestigious Scholarship Worth 6 Crores

6 Benefits of Pursuing an MBA After CA

There are many reasons why pursuing an MBA after a CA degree is a good idea.

1. Enhance Your Career

During the CA course, people are trained in areas such as auditing, taxation, accounting, and finance. But when students combine an MBA degree with a CA, they gain essential marketing skills. With an MBA degree, people will understand the current market and industry needs and be able to present themselves and their skills in an advanced manner.

This includes technical skills. Also, as CA is considered one of the highest professional degrees in India, it automatically increases the candidate's chances of qualifying for an MBA from a well-reputed institution.

2. Overall Growth in the Business Field

Studying an MBA broadens students horizons of expertise in various domains of the current business world, such as marketing, finance, HR, product management, and operations. Not only will candidates be aware of all the common challenges that haunt the corporate world, but they will also be able to offer effective solutions.

3. Become your Own Boss

Another significant benefit of studying an MBA after CA is that it prepares people with all the leadership skills and business knowledge required to become entrepreneurs. In today's competitive world, almost everyone wants the freedom to start their own business and see its great success over the years. If you are one of them, then CA with MBA will no doubt be the right choice for you.

4. Networking

Networking is one of the most important skills every entrepreneur should possess, regardless of industry. While studying for a CA degree, there are fewer opportunities to expand students horizons for networking or making contacts. Conversely, an MBA degree is the perfect way to connect with like-minded people from diverse backgrounds.

Candidates will learn about different cultures and participate in various projects and discussions, thus improving their communication skills.

5. Improves Confidence

Recruiters are always looking for candidates who don't have a strong academic background but have important soft skills that make them a perfect fit for roles. An MBA helps candidates prove their worth to their recruiter by highlighting their strengths and weaknesses.

Most people don't realize that what they read is what makes the final impression. The environment students study in or the people they associate with play a huge role in shaping their personalities.

Hence, choosing the right college for students with an MBA degree is very important, as it helps them become a new person and boosts their confidence.

6. Climbing up the Management Ladder

A CA degree will definitely get candidates a high paying job that comes with lucrative advantages. But let's say candidates want to move into higher management positions like CEO or business head. If so, candidates need to understand additional aspects of business, such as people management, human resources, and marketing. This is where MBA is. An MBA with CA prepares candidates with the skills and knowledge they need to land their dream job.

Best thing to know about MBA

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Right Time to Do MBA After CA

The right time to pursue an MBA after completing a CA can be a tricky decision for many. As a newly qualified CA, opting for an MBA can be a wise decision, as it allows candidates to explore other versatile careers later in life. By the time candidates peers choose another career path, you'll have already added an extra valuable degree to their resume.

On the other hand, many business schools or universities require candidates to have at least two years of work experience with good grades to qualify for their MBA programmes. So, as enthusiasts, candidates have to decide.

If candidates go for an MBA right after completing a CA, they will definitely enjoy practical learning experiences. However, to reap the full advantages of an MBA programme, work experience is essential. The more time candidates spend at their workplace, the clearer they will be about their career goals and interests.

MBA after CA Job Opportunities

A large number of jobs are available for students who complete an MBA after CA. Students can get qualified jobs at companies like Morgan Stanley, Goldman Sachs, and Boston Consulting Group. Some of the best jobs that students can opt for after completing this course are given in the table below:

Job profile

MBA after CA salary

Data Analyst

Rs. 4 LPA

Management Analyst

Rs. 48 LPA

Finance Manager

Rs. 9 LPA

IT Manager

Rs. 12 LPA

Financial Advisor

Rs. 3 LPA

Difference Between MBA Vs CA

The comparison between MBA vs CA courses is given in the table below.

Particulars

MBA

CA

Full form

Master of Business Administration

Chartered Accountancy

Duration

2 years

5 years

Eligibility

Graduation with a minimum of 50% marks.

A minimum score of 55% is required for graduates or postgraduates in commerce, whereas other graduates or postgraduates require a minimum score of 60% to apply for CA.

Admission Process

Entrance-Based

Entrance-Based

Average Fees

Rs 80K to 1.5L per semester

INR 30K to 1.3L per annum.

MBA After CA Colleges in India

Some of the best colleges offering MBA programmes after CA are given in the table below:

Check out the Online MBA Admission Process

MBA After CA Admission Process

Admission to MBA programme is basically done by conducting various national-level entrance exams like CAT, MAT, XAT, etc. Some institutes/ colleges conduct state level exams and consider the marks for the MBA admission process.

Frequently Asked Question (FAQs)

1. Can I do MBA after CAT from IIM?

Yes, IIM Bangalore and IIM Indore have a tendency to invite CA top performers despite their low CAT percentiles.

2. Can we do MBA after CA without graduation?

Yes, an MBA can be pursued after a CA, as it opens new doors for better employment and good growth.

3. MBA after CA how many years?

The duration of the MBA programme is two years (2 years), consisting of four semesters. Candidates who completed a CA can get admission to the MBA degree.

4. Which MBA is best after CA?

A typical CA course usually covers subjects like financial account management, taxation laws, accounting, and financial reporting. Pursuing an MBA in finance can be a great idea, as it is similar to the role of a CA.

5. What is the salary of MBA +CA?

The average starting salary for a Chartered Accountant (CA) in India is Rs. 8.05 LPA, whereas an MBA in Finance earns a starting salary of Rs. 7.64 LPA.

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Questions related to CAT

Have a question related to CAT ?

The Common Admission Test, is a computer based standardized test conducted in India. It is one of the most prestigious and competitive entrance exams for admission into postgraduate management programs, Including MBA, in various Indian Institutes of Management and other top business schools across the country.

To know more about CAT 2024 like exam date, eligibility, syllabus and more, click on the below link.

https://bschool.careers360.com/articles/cat-2024


Both GMAT and CAT exams are considered to be highly competitive. Therefore, it is difficult to measure which one is harder than the other as it depends on the individual strengths ,weaknesses, and personal preferences.

GMAT quant section is often considered to be easier, however, its verbal section is tougher for non-native English speakers. Whereas, CAT quant section is considered to be trickier in comparison to the verbal section. Therefore, students are advised to analyse both CAT and GMAT exam pattern carefully before opting for one.

Hello

Generally admissions are given based on your rank. So based on your overall percentile in JEE your rank could be between 56470 - 63480 approximately.

Unfortunately, Based on the marks you scored, it will be difficult to get admitted into NIT Trichy under OBC category. However there is also a second chance for you to attend for JEE, so I recommend you to take that chance and score better.

You can check the colleges you are eligible for using the below link.

https://engineering.careers360.com/jee-main-college-predictor?utm_source=qna&utm_medium=jee_cp


Hello Aspirant

Congratulations on your score, There are many good B schools at 80-85%ile in CAT and XAT
1)Great Lakes, Chennai
2)IRMA
3) Goa Institute of Management
4) NIBM
5) TAPMI
Do your research about these colleges as to what is their average package, the roles offered.

Colleges like NIBM specialize in Finance, and IRMA has a lot of sales marketing Roles. So ultimately the choice is yours which specialization you want to pursue.

View All

1-radian measures 600. (True/False)

Option: 1

True


Option: 2

False


$111111^2$ = 

Option: 1

123456654321


Option: 2

123454321


Option: 3

123454321


Option: 4

12345654321


1111112 =___________ 

Option: 1

 123456654321


Option: 2

1234554321


Option: 3

123454321


Option: 4

12345654321


159702 is divisible by

Option: 1

7


Option: 2

9


Option: 3

11


Option: 4

6


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What best can be said about the number of satellites serving C? 

Option: 1

Must be between 450 and 725 

 


Option: 2

Cannot be more than 800 
 


Option: 3

Must be between 400 and 800 

 


Option: 4

Must be at least 100 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What is the minimum possible number of satellites serving B exclusively? 

Option: 1

100


Option: 2

200


Option: 3

500


Option: 4

250


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

If at least 100 of the 1600 satellites were serving O, what can be said about the number of satellites serving S? 

Option: 1

At most 475 

 


Option: 2

Exactly 475 
 


Option: 3

At least 475 

 


Option: 4

No conclusion is possible based on the given information 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

 If the number of satellites serving at least two among B, C, and S is 1200, which of the following MUST be FALSE? 

Option: 1

The number of satellites serving C cannot be uniquely determined 

 


Option: 2

The number of satellites serving B is more than 1000 
 


Option: 3

All 1600 satellites serve B or C or S 

 


Option: 4

The number of satellites serving B exclusively is exactly 250 


2839155 is divisible by

Option: 1

2


Option: 2

7


Option: 3

55


Option: 4

None of the above


'a' for which x^{2}-ax+9= 0 can be written as square of a linear factor is

Option: 1

6


Option: 2

-6,6


Option: 3

\left ( 6,\infty \right )


Option: 4

\left ( -\infty,-6 \right )


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Vlogger

In a career as a vlogger, one generally works for himself or herself. However, once an individual has gained viewership there are several brands and companies that approach them for paid collaboration. It is one of those fields where an individual can earn well while following his or her passion. 

Ever since internet costs got reduced the viewership for these types of content has increased on a large scale. Therefore, a career as a vlogger has a lot to offer. If you want to know more about the Vlogger eligibility, roles and responsibilities then continue reading the article. 

3 Jobs Available
Publisher

For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

3 Jobs Available
Journalist

Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

3 Jobs Available
Editor

Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

3 Jobs Available
Reporter

Individuals who opt for a career as a reporter may often be at work on national holidays and festivities. He or she pitches various story ideas and covers news stories in risky situations. Students can pursue a BMC (Bachelor of Mass Communication), B.M.M. (Bachelor of Mass Media), or MAJMC (MA in Journalism and Mass Communication) to become a reporter. While we sit at home reporters travel to locations to collect information that carries a news value.  

2 Jobs Available
Corporate Executive

Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

2 Jobs Available
Multimedia Specialist

A multimedia specialist is a media professional who creates, audio, videos, graphic image files, computer animations for multimedia applications. He or she is responsible for planning, producing, and maintaining websites and applications. 

2 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

3 Jobs Available
Production Manager
3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Structural Engineer

A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software. 

2 Jobs Available
Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

2 Jobs Available
QA Manager
4 Jobs Available
AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

4 Jobs Available
Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

4 Jobs Available
Computer Programmer

Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

3 Jobs Available
ITSM Manager
3 Jobs Available
Automation Test Engineer

An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

2 Jobs Available
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