8,000+
Students Trained & Placed
1,00,000+
Sq.Ft.of training area
45,000+
Worldwide Alumni Network
7
Kitchen Training Facility
₹ 60 Lakhs
UP to Scholarships
100%
Placement Assistance
International & National Internships only at 5-star Properties
One to One Corporate Mentorship
An Entrepreneurial Culture at the Campus
Dignified with Rankings
Amongst India's most promising Hotel Management Institute by Higher Education Review 2022
Ranked Top Hotel Management Institute awarded by Times Education Icon 2022
Quality Education, Outstanding Administration & Leading Infrastructure by Educational Excellence Awards & Conference 2021
Outstanding Performance in Virtual Knowledge Delivery During Pandemic by Educational Excellence Awards & Conference 2021
Earning a CA qualification has its challenges. After candidates pass various stages of tough examinations, they must also fulfill a three-year articleship to earn the certification from the statutory body. Still, the chances of them receiving a high-paying job in an audit or tax firm can be slim.
As a result, they should keep enhancing their careers for better and bigger opportunities. Therefore, candidates can pursue an MBA program to become eligible for high-paying leadership roles in organizations. An MBA after CA allows candidates to diversify their skill set and opens the gateway to a bright future.
This combination unlocks many benefits. It enables one to understand essential business functions like marketing, human resources, and strategic management. It also sets the candidates apart from the crowd of single qualifications.
Why MBA after CA: Top benefits of the dual qualification
1. From accounting genius to business expert
An MBA after CA will give you expertise in accountancy and taxation and the answers to all connected areas of finance and business management. An MBA dwells on solid ideas of how business operates.
Having studied marketing, finance, human resources, and strategic management, you can forecast and follow up in all these departments, contributing to the big picture. This allows you to:
● Engage in managing financial data
● Forecast campaigns and understand your contribution to providing overall services to the company.
2. Polish leadership skills
Leadership skills are no longer regarded as a bonus; they are now essential for professional advancement.
An MBA after CA is a good way to develop leadership skills. Teamwork, public speaking, case studies, and real-life business scenarios are the MBA program tools that train students to lead companies and make decisions.
You will polish these skills considerably through group work and problem-solving with peers from different academic and professional backgrounds. Moreover, you will learn to manage conflicts.
3. Build a powerful network
Enrolling in an MBA after CA is not all about diving into pure education; it is about creating a strong network of professional connections in one's circle.
Students will have the chance to work with professionals with years of experience, including professors and business leaders.
The connections you establish will be a valuable asset to your career in the future. Their experiences will enlighten you with industry knowledge; you can even get mentors who will serve as your career guides.
4. Enhance your earning potential
If earning a higher salary is what students look forward to, an MBA will give them exactly that. Individuals who pursue an MBA after CA tend to earn more than those who hold only a CA certification. Thus, it opens opportunities and ensures financial security.
With an MBA after CA, professionals can earn a salary of about INR 14.2 Lakhs - INR 17.4 Lakhs.
On the other hand, a CA without an MBA can earn anywhere between INR 2.1 Lakhs and INR 16.8 Lakhs, depending on experience. The average is INR 10.8 Lakhs.
5. Explore diverse career paths
Students ask Why MBA after CA? It is because this qualification diversifies their career path. It opens up exciting opportunities in investment banking, consulting, and corporate finance.
When candidates enroll for an MBA, they will graduate with strong business negotiation, strategic management, and business management skills.
The combination of financial skills gained from an MBA after CA equips them with the skills to move forward as successful individuals in the business world.
6. Deepen your expertise
Several MBA programs allow students to choose their focus and offer specializations, allowing them to customize their education to fit their interests.
Employers highly value specific skills that you develop while advancing through specializations. If the candidate is confused about which MBA specialization after CA to choose, they can look forward to gaining expertise in areas such as the following:
- Information Technology (IT)
- Finance
- Marketing
- Human Resource Management
- International Business
- Operations Management
- Entrepreneurship
7. Expand your horizons
Today's business world has expanded beyond the borders that previously defined national economies. Many MBA schools offer international exchange programs or study-abroad facilities.
This may help you understand sociological and economic facts. Moreover, it helps you develop an understanding of different cultures.
Opting for an MBA after CA can open doors to fulfilling international positions in multinational companies, setting students apart from other professionals.
Conclusion
An MBA after CA should be considered an investment in your future self. Combining the practical tools of CA with the knowledge of MBA, one will be able to systematically handle various business challenges. This combination also helps them with their marketability and makes the candidates stand out.
At ITM University, this transformative journey toward excellence is further amplified. Through its MBA curriculum, ITM forms integrated business leaders who graduate from college into the world of business with relevant knowledge and skills. ITM helps its students get real-life competence through industry internships, research-based projects, and a global immersion program.
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Frequently Asked Questions
1. How many years for an MBA after CA?
Typically, two-year programs are the norm for full-time MBA programs following CA. Besides this, the concept of evening, weekend, or blended online executive MBA programs allows professionals to complete the program in less time and provides flexibility.
2. What is the average MBA after CA salary?
As per Indeed experts, a professional who has done an MBA after CA can earn an estimated salary of up to INR15.8 LPA.
3. Which MBA specialization after CA is the best?
It is a matter of which specialization is best for you, considering your career goals. However, popular choices among candidates include finance, business analytics, and strategic management, which align with job opportunities.
4. Can I pursue an MBA specialization after CA without prior business experience?
Absolutely! The majority of top business schools are welcoming and even encourage applicants with different professional backgrounds, including those without business backgrounds.
Dignified with Rankings
Amongst India's most promising Hotel Management Institute by Higher Education Review 2021
Ranked Top Hotel Management Institute awarded by Times Education Icon 2022
Quality Education, Outstanding Administration & Leading Infrastructure by Educational Excellence Awards & Conference 2021
