Organizing Body - CA - The Institution of Chartered Accountants of India (ICAI) MBA - Offered by several institutes within and outside India
Which is Better? To decide which is a better option – CA or MBA, we need to understand that both of these courses can lead you to a successful career in their unique ways. While getting an MBA from a Tier II or Tier III institute might be easier, getting an MBA from an Ivy League college is as difficult as a CA certification.
Skills Obtained - After completing CA certification, a candidate can systematically approach financial accounting and auditing, gain a more in-depth understanding of socioeconomic conditions, and become an excellent communicator.
Duration - The CA certification requires candidates to clear three levels of examinations coupled with three years of articles under a practicing CA. The entire course can be completed within four years if the candidate can clear all the levels in the first attempt. On the other hand, enrolled candidates can complete a full-time MBA program in a span of 1 to 2 years, depending on the choice of a degree program or business school.
Eligibility or Experience Required - An aspiring student who has completed HSC graduation or post-graduation is eligible for the course of CA. So, a wide range of candidates can take up the course. I
Syllabus - The syllabus of CA is very much focused on subjects that involve accounting and finance. An aspiring CA candidate has to study Financial Reporting, Financial Account Management, Accounting, Economics, Mercantile Law, Business Law and Ethics, Taxation and Tax Laws, Auditing, etc.
Career Opportunity and Salary - Some of the job roles that a CA can land include Internal Auditor, Public Accountant, Government Accountant, Tax Manager, Finance Manager, and Financial Consultant. On the other hand, an MBA graduate can easily fit in the mid-management roles of any organization.
Exam Availability - ICAI has declared the dates for the CA exams for January/ February 2022, and they will be conducted from 21st January 2022 onwards. On the other hand, there are several entrance exams for MBA, such as CAT, MAT, SNAP, XAT, MAH CET, etc.,
Conclusions - CA or MBA, the decision is to understand the strengths, interests, and direction you intend to give your career. I hope with the above information, you will be able to do so. All the very best :-)