11-06-2003, 01:57 AM
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After Mr Ammar post any body or him can give me teh suggestion taht should i go through CA or acturial science.Pz ur ans should b in detail.
Thank you.
choco
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The scope of CA is not wearing down, its just that it has become a bit more popular these days... There's a lot of intake of students, and because the institutions here are have a money making motive, doesn't mean ICAP would compromise its reputation just for the sake of extra money... You'll see within a few years time, that when people see they aren't able to clear CA, they'll go back to graduation, as not everyone can afford to give CA 8-10 years.
However, at the moment, Chartered Accountants are those who are 'running' the accountancy markets and its not Actuaries. Coz in Pakistan, the scope of Actuaries at the moment is limited... Actuaries basically specialize in pension funds and insurance... Both of which have a limited scope to an extent, whereas you might find accountancy students/qualifieds (ICMA, CIMA) in management levels of multinationals as well...
Having said that, the significance of an Actuary CANNOT be diluted... They are certainly paid a lot more than Chartered Accountants, CMAs, etc...
People in Pakistan don't even manage to fully complete Actuary due to it being relatively complicated and tough...
But the question again is, are you yourself prepared to invest the next 10 years of your life in studying for Actuarial Sciences, bearing in mind you might not even be able to become fully qualified?
After Mr Ammar post any body or him can give me teh suggestion taht should i go through CA or acturial science.Pz ur ans should b in detail.
Thank you.
choco
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
The scope of CA is not wearing down, its just that it has become a bit more popular these days... There's a lot of intake of students, and because the institutions here are have a money making motive, doesn't mean ICAP would compromise its reputation just for the sake of extra money... You'll see within a few years time, that when people see they aren't able to clear CA, they'll go back to graduation, as not everyone can afford to give CA 8-10 years.
However, at the moment, Chartered Accountants are those who are 'running' the accountancy markets and its not Actuaries. Coz in Pakistan, the scope of Actuaries at the moment is limited... Actuaries basically specialize in pension funds and insurance... Both of which have a limited scope to an extent, whereas you might find accountancy students/qualifieds (ICMA, CIMA) in management levels of multinationals as well...
Having said that, the significance of an Actuary CANNOT be diluted... They are certainly paid a lot more than Chartered Accountants, CMAs, etc...
People in Pakistan don't even manage to fully complete Actuary due to it being relatively complicated and tough...
But the question again is, are you yourself prepared to invest the next 10 years of your life in studying for Actuarial Sciences, bearing in mind you might not even be able to become fully qualified?
