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+--- Thread: What qualification should i go for? (/showthread.php?tid=745)
What qualification should i go for? - muzammil - 03-26-2004
I am right now doing ACCA and have done half of Part2. After doing ACCA, i would be going for ACA and i would be applying for BSc in applied Accounting. Now after this should i go for Masters degree means for MBA in finance as finance will be more related to my field. So is MBA in finance more worth of or oter thing like MBA in Marketing etc. Or should i go for CIMA. Till now there is no yet quivalnce for BSc in Applied Accounting awarded by Oxford Brookes, which University in Pakistan will be taking for MBA on this Bacelors degree if i go for MBA and there should be worth of it in terms of job opportunities as well. Like do IBA takes it???? Or it would be a more better option to go for CIMA?
- irfanahmedmeer - 03-26-2004
It seems that you have lost your focus. First question you should ask yourself is
Why do I need so many accounting degrees?
I think ACCA and ACA are both in themselves complete accountancy degrees you should go for some practical exposure that would be more valuable.
Irfan
- muzammil - 03-27-2004
I haven't lost focus I assume. ACCA and ACA, they are Professional Qualifications but they don't give you a degree in your hand. Like MBA can give you a degree to hold, and I would be taking practical exposure for sure but I wanted to know of just in case I feel like doing what will be the better option to go for?
- ali4u3 - 03-27-2004
hi n sallam
my dear friend
ACA ( ICAP ) is also equivalent of MASTER DEGREE )
so don't feel bad...
only concentrate on ur CA ...
tczz
regardzzz...
ALEE_RULEZ
Never seek advice from a Chartered Accountant. They are trained to find problems not solutions.
- jbladeus - 03-27-2004
"What qualification should i go for?"
Nothing less than a disclaimer!! <img src=icon_smile_big.gif border=0 align=middle>
________________________
Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!
- sumaaan - 03-27-2004
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I haven't lost focus I assume. ACCA and ACA, they are Professional Qualifications but they don't give you a degree in your hand. Like MBA can give you a degree to hold, and I would be taking practical exposure for sure but I wanted to know of just in case I feel like doing what will be the better option to go for?
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
CA from ICAP is considered equivalent to M.COM... Therefore, it is accepted as 'Masters' in Pakistan.
- The Legend Killer - 03-27-2004
Sincerely speaking opt for CIMA as it cant be compared with MBA!. Although i recently heard that BSC from Oxford Brookes University is been recognized by HEC.
Can u dig it SUcka
- sohaib - 04-15-2004
Bro,
The Oxford Brookes degree is a safe option for those who are not sure whether they will be able to complete the professional exams. In that sense it is a good option as there are a lot of part-qualifieds out there without a degree which gives them a disadvantage. Neither are they "qualified" and neither are they "graduates". So go for the degree.
CIMA is a pretty good commercial qualification. In the UK, 63% of the UK employers prefer CIMA as it is perceived as very commercially focussed. ICAEW and ACCA are 2nd and 3rd respectively. In the public practice sector ICAEW and ACCA are preferred. In this sector CIMA accountants are involved in consultancy and Tax/client accounting advice as well as computer auditing.
I'm not sure of the benefits of an MBA if a person has qualified, but for a start, you need to clarify what your goals are before we can advise whether the Finance or the Marketing option is suitable.
Finally, a string of letters after your name is no guarantee to success, so it may well be premature to discuss all of these options. Like Irfan says, you do not want to give the impression of somebody who does not have focus. No matter how many qualifications you have, a potential employer never likes someone who is confused. I do understand however, that you are doing your "research" in this forum to make appropriate decisions. I pray it goes well, whatever your decision.
- sumaaan - 04-15-2004
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Bro,
The Oxford Brookes degree is a safe option for those who are not sure whether they will be able to complete the professional exams. In that sense it is a good option as there are a lot of part-qualifieds out there without a degree which gives them a disadvantage. Neither are they "qualified" and neither are they "graduates". So go for the degree.
CIMA is a pretty good commercial qualification. In the UK, 63% of the UK employers prefer CIMA as it is perceived as very commercially focussed. ICAEW and ACCA are 2nd and 3rd respectively. In the public practice sector ICAEW and ACCA are preferred. In this sector CIMA accountants are involved in consultancy and Tax/client accounting advice as well as computer auditing.
I'm not sure of the benefits of an MBA if a person has qualified, but for a start, you need to clarify what your goals are before we can advise whether the Finance or the Marketing option is suitable.
Finally, a string of letters after your name is no guarantee to success, so it may well be premature to discuss all of these options. Like Irfan says, you do not want to give the impression of somebody who does not have focus. No matter how many qualifications you have, a potential employer never likes someone who is confused. I do understand however, that you are doing your "research" in this forum to make appropriate decisions. I pray it goes well, whatever your decision.
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An ACA (ICAEW) preferred 'after' CIMA?... NO WAY !!
That might only be the case in the cost & management dept (and other related segments), but generally speaking, NEVER!
- shehzad - 05-10-2004
[/quote]
An ACA (ICAEW) preferred 'after' CIMA?... NO WAY !!
That might only be the case in the cost & management dept (and other related segments), but generally speaking, NEVER!
[/quote]
NEVER ! u said Madmoizelle !!!
Ummm look what we have here
Honest ! i didnt cook it up .
Check this out ma'am , the bitter fact )
BEHOLD ) AND LOG ON TO
http//workthing-d-aspen.workthing.com/front/channel/accountancy/viewpoints/training_payanddisplay.xml
Newly qualified accountants in industry and commerce
Leaving the profession, Qualifying in industry
ie qualifying with a Big Four firm, (CIMA/ACCA) typical salary
then moving into industry (ACA)
typical salary
Central London £36,000 £37,000
The City £36,000 £35,000
Thames Valley and Surrey £31,000 £35,000
Cambridgeshire £28,500 £30,000
Manchester and Cheshire £32,000 £31,000
Yorkshire £30,000 £29,000
Scotland £29,000 £30,000
Source Hays Accountancy Personnel. For more information go to www.hayspersonnel.com
AND YES , I TRIED TO ASSIGN PROPER WEIGTAGE TO BRING THE TIER AT PAR , BUT FAILED ( . COULD SOMEONE OF U HELP ME OUT . )
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