Is MBA in Finance same as CA?

Chartered Accountancy (CA) and MBA in Finance can be considered as two sides of the same coin. Instead, they are required to register themselves with the Institute of Chartered Accountants of India (ICAI). MBA Finance: An MBA is a post-graduate qualification and can be taken up only after completion of graduation.

Who makes more money CA or MBA?

The average salary of a CA in India is between Rs 7-10 lakh. As far as MBAs are concerned, their salary package depends on their employer. Those who graduate from top IIMs command a salary of Rs 18-22 LPA, but the same is not true for those graduates who pass out from Tier-II and Tier-III colleges.

Is MBA needed after CA?

As a freshly qualified CA, you have the option of taking up an MBA course which would be right in the early stages of your career. If you opt for MBA soon after CA, you definitely take away the learning but to reap the benefits of an MBA program, work experience plays a major role.

What is the difference between a CA and an MBA?

Difference Between CA and MBA The basic difference between CA and MBA is the pedagogy. On one hand, the CA course offers specialized expertise in the field of accounting and finance, while the MBA degree offers a more holistic overview of the business and various functions within an organization.

What is the salary of a CA with MBA in finance?

Although bigger firms may offer a much higher package. MBA Finance: The average salary offered at top B-schools for MBA Finance graduates is around 15-20 lakh p.a. Chartered Accountant: A CA gives advice, audits accounts, and provides trustworthy information about financial records.

Is MBA Finance hard to do?

MBA Finance can be considered to be an easy to moderate difficulty level course, especially when pitted against a course such as CA. Most of the students who pursue MBA Finance from Tier-1 or Tier-2 B-Schools in India are able to complete the course and find good job offers with average salaries starting around Rs. 5 LPA.

What is the cost of an MBA degree?

The cost of an MBA degree is multiple times that of a CA course. While a CA course can cost around $900-$1000, a degree of MBA from a reputed business school can easily cost in excess of $20,000.

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