Chartered Accountancy is currently one of the most sought-after courses, resulting in increased competitiveness in the sector. Even if the number of chances for Chartered Accountants has increased dramatically, obtaining a second course or qualification will offer you an advantage over your competitors. Although most students prefer to take additional courses after CA, you can do so while studying for CA.
10 Courses to Take Along with CA
1. The CMA (Cost and Management Accountant)
If costing is one of your favourite courses from the CA course and you want to pursue a career in this industry, taking the CMA course in addition to the CA degree will be beneficial. If you do the practice, you can find high-paying work in manufacturing businesses or good clientele.
2. CS (Company Secretary)
If you wish to do dual specialty with CA, a CA + CS course degree is a great combo. The topics in the CS Course are simple and similar to those in the CA Course, so you won’t have much trouble managing your study time. The CS fee is relatively low, allowing you to obtain dual-degrees for relatively little money. A CS course combined with a CA course will give you a huge boost in your profession.
3. CFA (Chartered Financial Analyst)
CFA is one of the greatest courses to take in conjunction with CA. If you are interested in the finance field, stock market, corporate finance, equities research, investment banking, and portfolio management, it is not advised for all CA students. CFA, like CA, is an internationally recognized degree programme.
CA students have an advantage at the first CFA level because the course is simple and similar to certain of the CA subjects. However, some students who are taking a CFA and a CA course at the same time find it inconvenient because both courses require attention and time.
MBA is one of the most popular courses to pursue alongside CA, and for good reason. It complements your academic qualifications and prepares you for a career in business. For a more career-oriented focus, you can also specialize in MBA Finance.
However, the value of an MBA with CA will only increase if you obtain an MBA from a reputable university. These abilities will assist you in achieving your goals.
If you want to pursue law as a major in your career, pursuing an LLB course will be extremely beneficial. With your CA training and law knowledge, you may successfully handle matters involving corporate law, civil law, international law, labour law, family law, and patent law, among other topics. If you’re also a CA, having a degree in law will help you practise more effectively.
6. FRM (Financial Risk Management)
FRM is a highly sought-after certification, and people who complete CA can advance their professional chances in the financial sector. The FRM course will provide you with hands-on experience in the field.
Top Indian organisations need for employees with finance and associated abilities, as well as risk management capabilities. As a result, this course will give added value to your resume and knowledge.
7. CIA (Certified Internal Auditor)
All CA students who want to pursue a career in auditing should take the CIA course in addition to the CA. This training will provide you with professional-level internal auditing abilities.
It is a well-known course that is accredited by IIA USA. The tests are given online and can be taken at any time throughout the year.
8. ACCA (Association of Chartered Certified Accountants)
You do not need to take all of the ACCA exams if you have passed a few or all of the CA Intermediate or CA Final papers. Because many of the courses in ACCA and CA are similar, you will only need to take a few more papers. In other papers, you will be exempt.
9. CPA (Certified Public Accountants)
Students who want to work overseas after graduating CA must take the CPA course to learn about US GAAP. If you wish to work as a public accountant in the United States, you must take this course. Some international organisations in India also need you to complete a CPA course in addition to your CA.
10. NCFM (NSE Academy Certification in Financial Markets)
The NCFM is a short-term course offered by India’s National Stock Exchange. It’s an online course that assesses a student’s ability to work in financial markets. The NCFM certificate, as one of the most sought-after courses, will add a lot of value to your job applications and profile.
These were the several courses that may be taken along with CA. You should, however, choose your options wisely.