What After CA – Courses to do After Chartered Accountacy
Want to know what after CA? Which courses after CA can give an immense jump to your career? Read this blog, this is made for you! Adding “CA” before the name is like a dream come true. This is one of the most reputed courses in India which offers you a vast range of exciting career opportunities. Chartered Accountants are known for their expert knowledge, technical competence, professional standards, and accuracy.
Undoubtedly, you can gain name, fame, and everything you wished in your life after becoming a Chartered Accountant. But still, there are few courses which give you an edge over the other roles in an organization. Pursuing such courses with Chartered Accountancy improves your chances of being appointed at higher posts as you will be qualified to handle the multiple tasks.
So, let’s have a look at what are these courses which you can pursue after becoming a Chartered Accountant –
DISA (Diploma in Information System Audit)-
DISA is a diploma course issued by ICAI for the system security and audit. DISA is conducted by ICAI under the license obtained from ICASA and only qualified Chartered Accountants can appear in this exam. This course has now been a compulsory part of those who want to do the Bank Audits or Information Systems Audit. DISA is a bit tough but important if you want to carry out your own practice and wish to have a Bank or Information Systems Audit. DISA is termed as the best course after CA.
CISA (Certified Information System Auditor)-
Well, CISA is a world-renowned Information System audit based course issued by ISACA based in the U.S. and is the best option for CA’s who are confused that what after CA. The course is designed to bring the best risk-based information system auditor in you. CISA has more value than DISA as it is internationally recognized, although the toughness high according to the standard.
CIA (Certified Internal Auditor) –
CIA is a world-renowned course for the certification in Internal Audit issued by IIA (Institute of Internal Auditors). After becoming a Chartered Accountant, if one is looking to grow his career as an Internal Auditor, then s/he should go with this course. With this course, you will be gained a wide knowledge of GAAP (Generally Accepted Accounting Principles) and SOX (Sarbanes-Oxley Act).
CFA (Chartered Financial Analyst) –
If someone has a deep interest in the Financial Sector, then s/he can go with CFA which is a professional certified course offered by the CFA Institute. This course is globally recognized which provides a strong foundation for real-world investment and also teaches how to effectively manage portfolios. It needs you to pursue 4 years of practical training experience.
ACCA (Association of Chartered Certified Accountants) –
You must have heard many times that pursuing ACCA after becoming CA can open the doors for many International career opportunities. This is a globally recognized course that allows you to practice in 180 countries throughout the world. ACCA is a world-renowned body known for its excellence in Accounting and Finance. Here you will be going to learn about UK GAAP, IFRS, and other International Laws.
The main advantage of doing ACCA after CA is that this course recognizes the CA qualification.
After clearing the CA Final, ACCA gives you 9 exemption out of 14 papers which means a qualified Chartered Accountant is required to appear in just 5 papers.
In today’s world investment banking is one of the trending careers. It is one of the reputed career opportunities for candidates after completing CA courses. In this career opportunity, you can have a job profile of valuation analyst, investment banking analyst, M&A analyst, and many more. The salary for an investment banker starts from 9 to 10 lakhs per annum.
LLB (Bachelors of Law)
If candidates have an interest in the legal fields, then they can opt for the LLB as their career opportunities after completing CA. To pursue LLB, candidates have to take an entrance exam of common law admission test, all India law entrance test, and law school admission test.
FRM(Financial Risk Management)
To pursue FRM after CA, candidates need to clear both the levels of FRM. The exams for FRM are conducted in the month of May and November. The salary of a financial risk manager is around 7-8 lakhs per annum.
Conclusion – We have shared a number of courses after CA according to his interest and capability. Chartered Accountant is itself a very respected and highly recognized degree. This course can give you a successful life as much as you wish to have if you are able to prove your skill and ability. Organizations hire a person and not the degrees.
Frequently Asked Questions
Q1. Which is the best career opportunity for the candidates after completing CA?
Ans: Candidates can opt for any of the career opportunities of their own wish.
Q2. Which have more career opportunities in India CA or ACCA?
Ans: To know which has better career opportunities CA vs ACCA in India click on the link, to know better.
Q3. What is the Salary of an Investment Banker?
Ans: The salary of an investment banker is around 9-10 lakhs per annum.