CA Vs B.Com+MBA which is better ? Who earns more salary?
CA Vs B.Com+MBA which is better ? Who earns more salary? these are the most commonly asked questions before selecting the career by CA or MBA course. Are you getting confused to select the best course between CA and MBA? Do you want to know which career is better Chartered Accountant (CA) vs B.COM+MBA? In this article, we’ve explained the CA Vs B.Com + MBA which one is better for the great career.
CA Vs B.Com+MBA – which is better?
As a matter of fact, CA and MBA both are two distinctive profession way not in any case comparable one. MBA is entirely unexpected from CA. MBA is a general degree though CA is a specialization of sorts. But when you hold MBA with B.Com Degree, at that point you will have comparative profession openings.
Furthermore what is important are your evaluations in BCom and MBA and sort of establishments you seek after them from. An MBA from XYZ College from XYZ University may not be Equivalent to MBA from IIMs (Older ones) and some other best organizations.
The third is money related point, MBA from a level 1 school, the charges are in the overabundance of Rs. 10 Lacs. Indeed, even other ordinary universities will cost you at least 3 lacs for the 2-year program. Though CA authoritatively costs you somewhat more than Rs. 45,000. Additionally MBA from an IIM expects you to have a predictable decent scholastic foundation and you get treat focuses on being an expert. So odds of a basic graduate reduce complex.
Be that as it may, Both has comparable work openings.Employment Opportunities for CA vs B.com+MBA(Finance)
- Budget Planning
- Business Consultancies
- Merchant Banking
- Public Accounting Firms
- Working Capital Management
- Foreign Trade
- Industrial Houses
- Inventory Control
- Investment Banking
- Policy Planning
- Public Accounting Firms
- Treasury and Forex Department
- Educational Institutes
Career – CA Vs B.Com+MBA can become
- Budget Analyst
- Business Consultant
- Certified Public Accountant
- Chartered Management Accountant
- Chief Financial Officer
- Cost Estimator
- Finance Manager
- Financial Analyst
- Stock Broker
Disadvantages of B.com+MBA career
- Value for only MBA from Top B-schools like IIM, IIT, MICA, IIFT, NMIMS
- Education Fee is higher than CA Course. MBA Admission Fee for one year in Top management institutions Rs. 5lakhs to 15 lakhs.
- Grade & Score in B.com & MBA is important.
- Anyone can complete B.com+MBA easily so the supply of MBAs in India is very high.
- Can not certify the Annual Reports and Balance Sheet. It can be done only by CAs.
- Every year, about 3.5 lakh students are going to get admissions in MBA and after 3 years there might be minimum 2 lakh MBA freshers will be unemployed and therefore recession will take place for MBA graduates.
- Less Pay for Non-Bschool MBAs
Other Important links :
Who earns more salary – CA vs B.com+MBA
That. Totally Depends:
If you are talking about MBAs from Top notch BSchools like. IIMs, MICA, FMS-Delhi, IIFT, ISB, XLRI, JBIMS, NMIMS, IITs. Then undoubtedly. MBAs earn far better than CAs
But if you talk about non-premier institutes then CAs earn the better salary.
|Average Salary for CA vs MBA+B.Com|
|CA salary per month||B.Com+MBA salary per month|
|Fresher||Rs.20,000 to Rs.35,000||Fresher||Rs.10,000 to Rs.35,000|
|1-3 years experience||Rs. 35,000 to Rs.75,000||MBA from B.School||Rs. 1 lakh to 3 lakhs|
|starting salary with additional certificates||Rs. 55,000 to Rs.95,000||starting salary with additional certificates(Non-B.school)||Rs. 35,000 to Rs.75,000|
|Senior Auditor / Tax Consultant||Rs. 1.5 Lakh to 3 Lakhs||Senior Manager / officer||Rs. 1.5 Lakh to 3 Lakhs|
|Company CA||Rs.80,000 to 3 Lakhs||Company CEO||Rs. 3 Lakhs to 5 lakhs|
There are CA’s who earn Rs.10,00,000 per year and on the other side, there are CA’S who also earn below Rs. 2 Lakh per year. And same is the situation with a B.Com+M.B.A. Both cannot be compared with each other. You need to find out your subject of interest and then decide what you should take up.Whether you have interest in accounting or projects. But just remember one thing, whatever you do just do best in that.