It is advised that you not rely on overly optimistic answers from admission consultants, enthusiastic alumni, or overpaid faculty regarding the opportunities for Chartered Accountants/ Finance Professionals at (ISB (PGP) Hyderabad.
Chartered Accountants and IPM from IIM Indore are not comparable because of their vastly different natures. You are advised to move toward the area of interest over here. IPM aims to develop each student holistically by helping him learn and excel in a variety of areas. Your presentation abilities improve, and your overall development is boosted. It has several different domains as its primary focus.
A CA, on the other hand, is deeply involved in the accounting industry. To be clear, it's a correspondence course. After studying, you take your exams, then write your articles. Your course of action in this will determine only your personality development and presentation skills.
You should choose between these two based on your area of interest.
According to the reviews online, SRCC is a much more reliable option than to pursue CA right after your class 12.
Here are some things that will be better if you choose SRCC:
Therefore, it is suggested that you opt for SRCC rather than rushing with the stress of being a CA.
MBA is offered as a 2 year full time program MBA in India. It is one of the most popular postgraduate courses in India. Admission in MBA is based on the CAT, XAT, CMAT, Gmat, etc. exams. The entire Chartered Accountant course takes 5 years for completion. Students have to go through a CPT (Common Proficiency Test) which will lead to the inclusion in ICAT (Indian Chartered Accountants Institute).
The table given below shows a brief overview of both programs:
Categories |
MBA |
CA |
Course Fee (approx.) |
23 Lakh |
1.85 Lakh |
Placement Percentage |
100% |
42.79% |
Highest CTC |
70 LPA |
50-70 LPA |
Average CTC |
25.83 LPA |
20 LPA |
Placements:
MBA Recruiting Companies -
The top recruiting companies include Deloitte, Accenture, Infosys, Capgemini, Citibank, ITC, Nestle, Saint Gobain, JP Morgan, Wipro, Microsoft, Phillips, Reliance, L&T, McKinsey & Company, Avendus, Asian Paints, etc.
CA Recruiting Companies -
The top recruiting companies include JP Morgan, KPMG, Deloitte, E&Y, Federal Bank, Lodha & Co., IDFC Bank, Luthra & Luthra, Citibank, Edelweiss, Morgan Stanley, etc.
Admission:
The amount invested in a CA is less compared to an MBA degree. Out of 100 only 3-5% of candidates are able to qualify with CA and get certified. 90-95% of candidates who opt for MBA courses end up getting good jobs with generous salary packages. So the demand of pursuing MBA is much higher in India than CA.