What is a Chartered Accountant(CA)?
Key Focus Areas for CA Aspirants
Eligibility for CA Examinations:
Exams Structure:
Career Scope of CA Aspirants:
The CA aspirants have opportunities in various industries, offering high salaries, and global recognition. Some of the career options are:
- Internal auditor
- Financial Analyst
- Corporate finance
- Management Consulting
- Tax Consultant
- Business Consultant
Chartered Accountants Salary in India:
The salary for a CA candidate will vary depending on the role, industry, and experience level, while most of the variation will be due to the skills and experience of the candidate.
- Freshers: the average salary is 6 – 12 lakhs per annum
- Mid-Experienced: The mid-experienced salary would range from 12 lakhs to 24 lakhs.
- Senior level: A Senior executive will gain a salary of 70 lakhs per annum which can vary spending the industry they are working.
What is Chartered Financial Analyst (CFA)?
Key Focus Areas for CA Aspirants:
Key Focus Areas for CA Aspirants:
Exams Structure:
Career Scope for CFA Aspirants:
The CFA certificants choose careers in high-paying with global recognition. Some of the career options include:
- Equity research analyst
- Financial analyst
- Investment consultant
- Financial statement analyzer
- Management consulting
- Quantitative analyst
CFAs Salary in India:
The salary for the CFA candidates varies depending on the role they opt for and the professional experience they have.
- Level 1: The level CFA candidates get a salary of 6 – 10 lakhs per annum.
- Level 2: With the level 2 certification, the candidates gain a salary of about 13 lakhs per annum.
- Level 3: On gaining the level 3 certification, they can get a salary from 17 lakhs to about 45 lakhs per annum.
Which is better: CA or CFA?
When choosing between a Chartered Accountant (CA) and a Chartered Financial Analyst (CFA), it’s important to consider your career goals in India. CA aspirants are in high demand by business organizations in the country and are often offered competitive salaries. In contrast, while CFA has global recognition, its curriculum does not fully align with Indian business standards. As a result, most finance professionals in India prefer pursuing the CA designation. If you aspire to work in finance and choose to pursue the CA program, enrolling in a BCom with CA program is an excellent option.
