CA is the best choice for a Commerce student when it comes to deciding a career. But only a few of you will be rewarded with the opportunity to prefix CA before your name. It’s the most honourable degree for everyone one of you.
But are you confused that if not CA then what?
Have you already completed CA and thinking about what to do after CA?
Don’t worry. It’s not the end of the world. There are a lot of career options that you can opt for if you have any of the above questions in mind haunting you.
If not CA then you can choose among all the other options.
1. Financial Analyst:
This is the most cherished and recognized stature of occupation globally in the investment management stream.
The students who pursue this course must have a thorough and in-depth knowledge of investment management and industry which creates a higher probability of bagging a high-paid job.
2. Company Secretary:
Legal matters of any firm are handled by a CS. Though CS is considered as an easier course if compared to CA yet it has the integrity of its own as a CS is the only person who has the authority to perform a secretarial audit in the organization.
A CS is responsible for the company’s tax payments, advising the board of directors, to ensure that the company abides by the legal and statutory regulations and many other high-end jobs.
3. Certified Management Accountant:
With the specialization in financial planning, management, professional ethics, and analysis a person can become a CMA. This course is similar to CA yet is an easier one. With the average annual salary of around 6 lacs, it is an optimal choice for any CA dropout.
4. Association of Chartered Certified Accountants:
It is a known fact that if a student wants to audit the financial statements in India then you have to become a CA but the course of ACCA is a fairly similar course that allows you to handle international clients and provide financial advice to your firm.
5. Certified Public Accountant:
AICPA or American Institute of Certified Public Accountants is the entity that provides certifications of a CPA. AICPA defines a CPA as “a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals. Whatever that goals-saving for a new home, opening a new office, or planning a multi-billion dollar merger-CPAs can help.”
6. Investment Banker:
The investment market is a complicated area to study and the board of directors might not have the accurate resources to figure out when who and where’s of investment and accomplishing various short term and long term financial goals.
7. Cost Accountant:
After completing your graduation with a finance major, the student can do his Master of Business Administration in Finance and Management to pursue a career in cost accounting. A Chartered Accountant dropout has thorough knowledge in this area as he/she has studied the area for around 2-3 years.