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Personal Finance and Forex Share tips of the trade or ask questions regarding the best way to manage your personal accounts and savings. Where should you have your funds allocated in terms of liquidity, dollar leverage (against inflation) and retirement planning.

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Old 09-09-2008, 05:52 PM
Suman C Suman C is offline
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What are the scop of job after passing MBA finance?

I am doing my mba ,it is my first semister.I am worried about my specialisation to be taken in the 2 year of mba.Most of the person whome i know,are saying that mba hr will be best option,but i am a commerce graduate with 48% markes.Finance is my first choice,but everybody is saying that i will not be able to compete with charterd accountant.A charterd accountant has more scope than a mba finance,what is the present market scenario?Iwant to do mba in finance(major) and marketing(minor..
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Old 09-09-2008, 05:55 PM
AnimalFilter AnimalFilter is offline
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It is true that an MBA Finance would be in lesser demand than a Chartered Accountant - but only if you plan on a career in accounting. Since the CA is a government granted license, they have authority to sign certain types of documents and tax returns and therefore companies will always want to hire them.

However, a Finance degree isn't really geared towards accounting anyway, but moreso to investing, banking, and internal management accounting (as opposed to external reporting for the stock exchange etc, which a CA would do)

Marketing and HR are both decent, and much easier than finance:P If there is a Management option, I would choose that.

And, there's no reason you can't become a Chartered Accountant after you graduate. If it is the same as the U.S. CPA then it's simply a matter of passing the exams and possibly taking a few extra tax classes on top of your MBA coursework in finance.
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