Great Lakes - PGPM & PGDM 2025
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
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 about which MBA course is best after CA, MBA after CA salary, course duration, fees, etc.
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
Aspirants who decide to pursue an MBA after a CA programme look at the following compelling reasons:
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Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
There are many reasons why pursuing an MBA after a CA degree is a good idea.
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.
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.
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.
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.
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 new people and boosts their confidence.
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
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 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.
A large number of jobs are available for students who complete an MBA after CA in India. 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 |
---|---|
Rs. 4 LPA | |
Rs. 48 LPA | |
Finance Manager | Rs. 9 LPA |
Rs. 12 LPA | |
Rs. 3 LPA |
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. |
Also Know: MBA Placements
Some of the best colleges offering MBA programmes after CA are given in the table below:
College Offering MBA After CA | MBA After CA Fees |
---|---|
S P Jain Institute of Management and Research (SPJIMR), Mumbai | Rs. 19,95,000 |
Rs. 3,85,000 | |
Rs. 13,85,000 | |
Shailesh J Mehta School of Management (SJMSOM), IIT Bombay, Mumbai | Rs. 9,30,000 |
Rs. 16,00,000 | |
Rs. 6,00,000 |
Check out the Online MBA Admission Process
Admission to an MBA programme is basically done by conducting various national-level entrance exams like CAT, MAT, XAT, etc. Some institutes and colleges conduct state-level exams and consider the marks for the MBA admission process.
Yes, IIM Bangalore and IIM Indore have a tendency to invite CA top performers despite their low CAT percentiles.
Yes, an MBA can be pursued after a CA, as it opens new doors for better employment and good growth.
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.
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.
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.
Yes, a candidate who passed the Final stage of the Chartered Accountancy Course or completed the B.Com or BBA from ICAI is eligible to apply for the MBA admission after CA.
Top MBA colleges based on CAT, XAT, SNAP, and NMAT scores include some of India’s best institutions. For CAT, the IIMs (Ahmedabad, Bangalore, Calcutta) and FMS Delhi are highly regarded. XAT results in prestigious colleges like XLRI Jamshedpur and XIMB. SNAP is known for Symbiosis Institutes, such as SIBM Pune and SCMHRD. NMAT scores open doors to NMIMS Mumbai, SPJIMR Mumbai, and ISB Hyderabad. Each exam has unique eligibility requirements, and their cutoffs vary, so it's important to research the specific criteria and select based on your preferences and strengths.
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Based on the previous year analysis, According to your CAT 2024 percentile some of the colleges in which you have chances to get a seat includes:
You can predict more colleges using the CLAT 2024 college predictor tool .
Hope this information will help you
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With a CAT 2024 percentile of 68.28%, you may face a challenging time getting into IIT Delhi, as their cutoffs are typically higher. However, being an SC female student, you may be eligible for relaxation in the cutoff criteria .
To give you a better idea, here are some general CAT cutoff percentiles for IITs and other top B-schools:
- *IIT Delhi*: Typically above 90 percentile for general category students.
- *Newer IIMs*: Such as IIM Vishakapatnam, IIM Shillong, and IIM Udaipur, may have lower cutoffs, around 80-90 percentile.
- *Other top B-schools*: Like IMT Ghaziabad, XIM Bhubaneswar, and TAPMI, may also consider students with lower percentiles.
It's essential to note that CAT cutoffs can vary from year to year, and other factors like your academic background, work experience, and performance in the personal interview (PI) and written ability test (WAT) also play a significant role in the admission process.
To explore more options and predict your chances of getting into various colleges, you can use online CAT college predictor tools .
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Hello Greetings
Considering your 82.58 percentile in CAT and 22 months of industry experience in IT and Financial analysis, you have several options for General Management PGDM or PGPM programs.
*Decent Colleges Accepting Low CAT Percentile:*
- _SPJIMR_: Offers PGDM and PGPM programs, accepting CAT scores, with a minimum eligibility criterion of 50% aggregate in graduation ¹ ².
- _SOIL_: Provides PGPM and PGDM programs, considering CAT scores, with a focus on experiential learning ³.
- Other institutes like _IMT Ghaziabad_, _XIMB_, and _IRMA_ might also accept candidates with lower CAT percentiles, but this may vary depending on the program and intake.
*Key Factors to Consider:*
- _Work Experience_: With 22 months of experience, you might be eligible for PGPM programs, which typically require more work experience than PGDM programs ¹.
- _Career Gap_: Explain your career gap effectively in your application, highlighting any relevant activities or skills gained during that period.
- _Profile-Based Selection_: Some institutes consider profiles, including work experience, academic background, and extracurricular activities, in addition to CAT scores ¹.
*Next Steps:*
1. Research the institutes mentioned above and their programs.
2. Review the eligibility criteria, admission process, and fees for each program.
3. Prepare your application, ensuring you effectively communicate your strengths, work experience, and career goals.
4. Be prepared for interviews, focusing on your profile, experience, and motivation for pursuing a PGDM or PGPM program.
Remember, a lower CAT percentile doesn't necessarily limit your options. Focus on showcasing your strengths, experience, and fit with the program to increase your chances of admission.
Have a great day
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
A Business Development Executive (BDE) is a professional responsible for identifying growth opportunities and fostering strategic partnerships to enhance a company's market position. Typically, a BDE conducts market research, analyses industry trends, and identifies potential clients or business prospects. He or she plays a crucial role in developing and implementing sales strategies to achieve revenue targets.
A BDE often collaborates with cross-functional teams, including marketing and product development, to align business objectives. Strong communication, negotiation, and relationship-building skills are essential for success in this role. BDE strives to expand the company's customer base, drive sales, and contribute to overall organisational growth in a dynamic and competitive business environment.
Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
A sales manager is a revenue-generating source for a company. Any organisation or company which sells a commodity or service requires sales to generate revenue. A Sales manager is a professional responsible for supervising the sales team. An Individual as a sales manager works closely with salespeople, assigns sales territories, sets quotas, mentors the members of the sales, assigns sales training, and builds a sales plan.
The Sales Manager work also includes hiring and laying off sales personnel after evaluating his or her work performance. In bigger entities, sales quotas and plans are usually set at the executive level. He or she is responsible for overseeing the set target or quotas met by salespeople or upholding any policy. He or she guides his or her fellow salespeople and allows them to sell.
Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes.
In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns.
Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
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