1. #1
    Unregistered Guest

    Is ICWA a good choice after MBA finance?

    Myself Swati Bhatt, Engineer MBA Finance from ICFAI Gurgaon. Currently teaching finance in central government Management institute.

    now I Am looking for finance jobs in other government organizations so please tell me whether doing ICWA will be beneficial for me or not? will it add value to my qualification of MBA Finance?



  2. #2
    ross4412 is offline Senior Member ross4412 is on a distinguished road
    Join Date
    Feb 2012
    Posts
    129

    Re: Is ICWA a good choice after MBA finance?

    Hello Swati,
    CWA will definitely open good career opportunities both here and elsewhere. I have seen some MBA grads taking up CWA to give a boost to their career when compared to just having an MBA degree. With regard to choosing between CWA and your job offer, consider the career options you will have after completion of CWA and the career growth you will have with the present job. Rs. 17,000 is definitely a good amount to start with as of now (again this would depend on the area/city/region). But you will have to look beyond this before you decide.

    With regard to options in CWA, it would be best that you talk to someone who is a practising CWA to get the best possible view. Here I can only give you a brief overview regarding the openings people have after CWA. You get openings in manufacturing industry (since they require Cost and Works Accountants), banking and insurance firms, tax consulting firms, corporates and multinationals, IT (as ERP consultants), etc. In addition, you can start your own consulting firm. So the scope of job opportunities would increase considerably and so does the pay option. Hence I cannot comment on the pay as it will depend on the field you are likely to get into.





  3. #3
    hidalgo.troy is offline Member hidalgo.troy is on a distinguished road
    Join Date
    Feb 2012
    Location
    New Delhi
    Posts
    170

    Re: Is ICWA a good choice after MBA finance?

    hy,
    I am so very happy to have come across an MBA in finance who is atleast planning to pursue a professional finance certification.....ofcourse it 'll help you great deal ...candidates with MBA in Finance face direct competition from people with professional finance certifications like CA,CS,ICWA,CFP,NSE's Modules so on and so Forth.It is always advisable to supplement one's MBA degree with such professional certifications to gain an edge over other candidates in the market.

  4. #4
    king of hearts is offline Junior Member king of hearts is on a distinguished road
    Join Date
    Jan 2012
    Posts
    33

    Re: Is ICWA a good choice after MBA finance?

    Hello friend !!

    Yes friend of-course, ICWAI is the evergreen course to choose .

    The ICWAI is recognized by the Government of India as a Scientific and Industrial Research Organization (SIRO).

    It provides the depth knowledge and perspective to manage business.

    You can just blindly select the course immediately after your Graduation.

    But you will more advantageous if you pursue this course after Post Graduation because, you are already will be familiar with some of the topics in advance which are going to be in the ICWAI course.

    ICWA -- The Institute of Cost and Works Accountants of India.

    The ICWAI has three levels of exams for membership :

    1. Foundation Course(One group with four papers)
    2. Intermediate Course (Two groups of three papers each)
    3. Final Course (Two groups of four papers each)

    The top ICWAI Institutions in India are :

    1:Bangalore Chapter of I.C.W.A.I., Bangalore,Karnataka

    2:Badruka Institute of Professional Studies, Hyderabad,Andhra Pradesh

    3:Ahmedabad Chapter Of Cost Accountants, Ahmedabad,Gujarat

    4:Coimbatore Chapter of ICWAI, Coimbatore,Tamil Nadu

    5:Cuttack Bhubaneswar Chapter of ICWAI, Bhubaneshwar,Orissa

    6:Gurgaon Chapter of ICWAI, Gurgaon,Haryana

    7:H.A.College of Commerce, Ahmedabad,Gujarat

    8:Goa Chapter Of Cost Accountants, Vasco da Gama,Goa

    9:Institute of Professional Studies and Research, Cuttack,Orissa

    10:Hyderabad Institute, Hyd, AP.

    Good Luck !!

  5. #5
    Sumit Ahujaa is offline Senior Member Sumit Ahujaa is on a distinguished road
    Join Date
    Sep 2011
    Posts
    550

    Re: Is ICWA a good choice after MBA finance?

    ICWA is a best course after MBA It is a two year course which include 3 stages
    1. Foundation
    2. Inter
    3. Final
    Most of the MNC's Demanded ICWA now a days,And Fee Details of this course is given Below :




    For more details visit the official website.
    Good Luck.

  6. #6
    Mirage is offline Senior Member Mirage is on a distinguished road
    Join Date
    Feb 2012
    Location
    India
    Posts
    591

    Re: Is ICWA a good choice after MBA finance?

    yes, it is very good choice

    As
    MBA in finance

    In MBA in finance you KEEP record of financial transactions of the companies through out the year and at the end of year
    MBA Person Prepare financial report of the company
    and calculate the profit in financial term that company has earned.

    MBA is often known as financial analyst of the company.

    After Analysing the report company take next year better financial decisions
    So that they can earn Better profit margin next year.

    if

    ICWAI

    you do ICWAI than it will train you in other section of finance which is left by the MBA in finance

    As ICWAI is more focus on the cost reduction or other cost related area of finance.

  7. #7
    Neha is offline Senior Member Neha is on a distinguished road
    Join Date
    Sep 2011
    Posts
    1,494

    Re: Is ICWA a good choice after MBA finance?

    Hello

    As you are a masters in MBA FINANCE and working as finance teacher ,The choice of higher studies must be that which relates with your previous stream as well as your profession.

    So keeping focussed on finance field and opting ICWA will be a better choice than any other course .

    So keep your objectives clear and work hard to get good hold in ICWA and also it is a professional course so after having done with this,you will be having a professional degree also .

    So go for it and rock .

    Thanks

  8. #8
    akhilsuresh is offline Member akhilsuresh is on a distinguished road
    Join Date
    Mar 2012
    Posts
    54

    Re: Is ICWA a good choice after MBA finance?

    hy,

    ==>I am so very happy to have come across an MBA in finance who is atleast planning to pursue a professional finance certification.....

    ofcourse it 'll help you great deal ..

    .candidates with MBA in Finance face direct competition from people with professional finance certifications like

    CA,CS,ICWA,CFP,NSE's Modules so on and so Forth.It is always advisable to supplement one's MBA degree with such professional certifications to gain an edge over other candidates in the market.




  9. #9
    Unregistered Guest

    Re: Is ICWA a good choice after MBA finance?

    am doing icwai final it s verry hard to get ..

  10. #10
    Unregistered Guest

    Re: Is ICWA a good choice after MBA finance?

    Is ICWA will be worthfull for me?
    Myself Rinki....I have completed my MBA in Finance & Marketing(2008-10) and after that have joined HDFC(Third Party Payroll) for 2yrs as Personal Banker & after that have joined an FMCG co. Akribiz Business Solution Pvt. Ltd(Vendor) for the last 5month as Sales Manager.Planning to opt for ICWA and right now my age is 26.Please guide me which will be worthfull for me for my future either CA or ICWA...

    please revert me asap

  11. #11
    Unregistered Guest

    Re: Is ICWA a good choice after MBA finance?

    hi i am abhiram , i have done my MBA in Finance. i want to take up some professional course. i have to decide between ICWA and CS. I have plans of starting up my own company or i should reach to CFO level. please suggest me is there any other course other then this 2. Excluding CA.

+ Reply to Thread

Quick Reply Any Question?

Similar Threads

  1. Replies: 10
    Last Post: 28-08-2013, 08:59 PM
  2. Replies: 25
    Last Post: 30-05-2013, 02:20 AM
  3. How could one help ICWA for MBA finance students?
    By Unregistered in forum MBA Discussions
    Replies: 4
    Last Post: 12-12-2012, 09:37 PM
  4. Replies: 1
    Last Post: 30-01-2012, 08:35 PM
  5. Replies: 5
    Last Post: 29-01-2012, 12:05 PM

Posting Permissions

  • You may post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts