07-05-2007, 09:10 PM
HI
The best choice is MBA in pakistan. I believe the only qualification who is giving a tough time to ACA and ACMA is MBA.
You know one of my friend went to a company who is qualified ACMA for the post of Financial manager, they refused him and choose a MBA-finance candidate.
I ask from my teacher who have a MBA qualification that if u have one post of MD or Chairman, what will be your preference;
1. an MBA + 10 years experience. OR
2. CA/ACMA + 10 years experience
and he said offcourse the one with MBA.
I asked him why, and he said because he fulfilled all the criteria we need.
Usually CA holders become CFO's and MBA becomes Chairman's and MD's.
I am not saying that MBA is better then CA. I am talking only about the scope of MBA in Pakistan. Right now The MBA is a only qualification which is competing with CA.
There is also a fact that all top managers who have a MBA degree, always prefere MBA candidate.
CFA is all about Fnancial and Investment analysis, but in Pakistan MBA degree holders are doing the same work, It will be a surprise to know that in some Asset management companies an MBA holder is earning more then CFA holder.
Do MBA (from IBA or LUMS) it is a red hot qualification today and your future will be bright. INSHA ALLAH.
with regards
Ironman
The best choice is MBA in pakistan. I believe the only qualification who is giving a tough time to ACA and ACMA is MBA.
You know one of my friend went to a company who is qualified ACMA for the post of Financial manager, they refused him and choose a MBA-finance candidate.
I ask from my teacher who have a MBA qualification that if u have one post of MD or Chairman, what will be your preference;
1. an MBA + 10 years experience. OR
2. CA/ACMA + 10 years experience
and he said offcourse the one with MBA.
I asked him why, and he said because he fulfilled all the criteria we need.
Usually CA holders become CFO's and MBA becomes Chairman's and MD's.
I am not saying that MBA is better then CA. I am talking only about the scope of MBA in Pakistan. Right now The MBA is a only qualification which is competing with CA.
There is also a fact that all top managers who have a MBA degree, always prefere MBA candidate.
CFA is all about Fnancial and Investment analysis, but in Pakistan MBA degree holders are doing the same work, It will be a surprise to know that in some Asset management companies an MBA holder is earning more then CFA holder.
Do MBA (from IBA or LUMS) it is a red hot qualification today and your future will be bright. INSHA ALLAH.
with regards
Ironman
