guys ,please understand that CA and MBA are both different stream but both are the most important streams for any organisation or business. MBA for building business and expanding, CA is for planning, monitoring and maaintaining. Since i have done my CA Articles although i didn't do MBA,but i have read all books pertaining to regular MBA and i know the diference and similarities in both streams
By
nagendra kumar, Trade Finance Operations Manager, HDFC Bank
| 01 03 2011 18:45:37 +0000
Obviously CAs are better than MBAs because of the rigor of the CA course compared to an MBA wherein if you do an MBA from a tier 2 institute, it is equivalent to chilling out. While in a CA only the best are taken and can pass the exam.
By
Venkat C S, Business Analyst - Risk and Pricing, Genpact India
| 08 31 2010 00:46:36 +0000
Of course CAs are far better than MBAs. As a CA Final student, I am proudly saying that CAs are well proficient in Financial and Management Accounting,Auditing,Corporate Reporting,Law matters,Cost Management and Strategic Management.In addition to that as Indian Taxation (Both Direct and Indirect Taxation) is a complex one,only a highly knowledgable CAs can handle the situation.MBAs are mainly meant for Marketing or sales.But they cant handle the finance since they generally dont have such competence.i am challenging that an MBA Graduate cant challenge a CA in Financial matters.Then how can you compare a CA and MBA. MBAs are mostly experts in presentation skills and inventing new ideas. Considering stability factor, competence in financial matters, changing taxation regime and risk-aversion are playing in favour of CAs. “These days, Companies are recruiting more CAs and fewer MBAs. For higher positions like senior managers, they prefer a CA.global consulting firm is looking at recruiting 100-150 CAs during the current year in India.
By
Snehal n, B.Com, M.Com ,C.A. (Final ) Student
| 08 29 2010 16:15:33 +0000
Peoples are People Everywhere ? Who is better or Who is bad? Undefined....... These all are different platforms who can pewrform their task on their own capabilities, skills and smartnes with presentation. Actually I feel, the student get their first attention from the parents, family and society where they live. How are they actually catering their lives with their freinds too. Can anybody properly define the role of MBA in the organisation or personal life ? Nays, ! There is no compulsion to Mr. MBA in the organisation. Further I find lot of Mr. MBA and CA from best universities found to be a first class jokers. Even MBA or CA don`t know the basic journal entries. General Motor`s filed chapter 11 bankruptcy. It is said that the CEO of the company from Havard has been playing Golf when the chapter on branding was tought in the class. Hence Proved the Bankruptcy. More and more LEHMAN, Bear Stearns....etc. etc. Yes I do hold the respect for some of the renowned few best institutes which can really build among the mojority. I personally feel the more secured and best study can be CA rather then MBA. The normal person basically does MBA to secure the job by degree, whereas CA can have their own prefession hence not dependent on Job. MBA dont have long future unless proved to be successfull in the organisation system, whereas CA have lifelong signing power till death. Hardly I find any MBA to prove himself without money or capital or ready business ! Racks to Richlist does`nt hold any MBA name. e.g LN Mittal, Ail Agarwal, LAte DH Ambani
By
Jyoti CHETANI, Freelancer, Equity Research/Analytics
| 06 11 2010 19:09:57 +0000
In terms of knowledge yes CA's are better than MBA's but in terms of Management they are close to awful. You find most of the CA's unsuave, rusticand unpolished in their demeanour(With due regards to all CA's. And most importantly their command on english language is awful
By
T Hanumantha Rao, Mentor, Macher TechnoConsults
| 06 10 2010 18:46:33 +0000
i support rashmi. its true our curriculum is very tough and we also have to undergo 3.5yrs rigorous training as a part of our study where we exposed to diversified sectors which results, better knowledge prospects related to many segments, confidence to handle any problem or situation in diplomatic manner, strategic thinking, able to produce better solutions to the problems and many more. where we are not able to find this in an ordinary 2 yrs MBA course. So in view of above there is no hesitation to say CAs are better than MBA`s.
By
manikanta raj, Deputy Manager Finance, project financing, leading Financing company
| 04 20 2010 06:32:42 +0000
It's a fact that earlier MBA'S were outscoring the CA'S because of low pass percentage of CA'S around 5% and hence the MBA'S were outscoring earlier;now the the duration of C.A is reduced from 5.3 years to 4 years and also,GMCS and compulsory soft skills the edge is now in favour of CA'S compared to MBA'S and the pass percentage of CA'S has almost doubled.
By
kasturirangan.r , INSURANCE ADVISOR, Life Insurance Corporation Of India
| 04 15 2010 13:11:48 +0000
Hi Rashmi Actually if the question is MBA=CA ,then i would say yes..in my opinion,degree counts only to the extent of getting an entry into corporate.Even if the guy is CA or an MBA from Tier 1 school,he has to prove his worth.Yes,both sides need to improve their weak areas.CA needs to improve in soft skills,though i dont know if they have time to even think after being given the thick books and the knowledge expected to clear the Final.You can ask any CA who has cleared Final about the time.Even the All India Rank 1 is not sure at times if h wil pass or fail as giving 8 papers at a stetch in 8 days ,one paper goes off badly...so Institute should ensure steps are taken to improve the soft skills of CA.If this happens,they are better than MBA's .And MBA's need to improve the financials knowledge,though tier 1 school guys are good at the same.Foe reaching to top,you need to know financial details along with some sales skills..Thats how you can become CEO....
By
Vikas Bhatnagar, Manager Finance, Tata Motors Ltd
| 04 14 2010 12:44:05 +0000
i think MBA is much better than CA since MBA person would have a overall knowledge or the different department and how to deal in a corporate but a CA Will only know about accounts
By
Reshmi , Senior Recruiter, Replicon
| 04 14 2010 09:09:43 +0000
Wow what is good news & bad news too my wife bro is going his MBA-Finance. My experience says MBAs have too much of attitude!!!! I have not seen a CA having attitude be it beginner or experienced person.
By
Amit N Bhagwat, Recruitment Manager
| 04 13 2010 15:48:37 +0000
CA's are superior (to MBAs). CAs are already groomed for three years during articleship (training with auditors) and can start working from day one,” says a finance official at a top Indian company who did not wish to be named. Further, with Corporate India getting cautious with salaries, CAs are gaining a natural edge. “If a company is unable to afford an MBA from a top B-School, it would rather hire a top CA than look for a management graduate from lower-rung B-schools,” says a global headhunter. A chartered accountant’s average salary is at Rs 6 lakh a month, while for MBAs, the figure is the minimum, says Nagesh Pinge, chief internal auditor at Tata Motors, who sees a growing preference for CAs when companies need better financial control. Loyalty also tilts the balance in their favour. MBAs, due to peer pressure, appear to constantly pursue higher salaries. CAs, on the other hand, are seen as less aspirational and stick to the job longer. Apart from the stability factor, competence in financial matters, changing taxation regime and risk-aversion are playing in favour of CAs. “These days, we are recruiting more CAs and fewer MBAs. For higher positions like senior managers, we prefer a CA,” says Abhishek Tiwari, senior manager (HR) at KPMG. The global consulting firm is looking at recruiting 100-150 CAs during the current year in India. Tiwari, however, adds: “We cannot say MBAs are losing their charm, but increasingly, they aren’t preferred for a financial job.” Compared to a two-year MBA curriculum, CAs go through a rigorous three-year curriculum. Since they understand balance-sheets the best, CAs are being hired for work other than the traditional audit, he points out. Says Vardhan Dharker, CFO of KEC International, a Rs 3,000-crore capital goods company: “I think CAs are as good as anybody else in taking decisions. There has been a change in the thinking over the past five years.” While earlier, CAs were looked upon as accountants, they are now seen as business leaders, he says, adding companies are increasingly hiring CAs because they have a robust understanding of business — particularly areas like costing, funding, financing, accounting, structuring and compliance. “Surely, here, they are more efficient than MBAs,” he says. Brokerages, who bore the brunt of the 2008 stock-market collapse, too have stepped up CA hiring. As important intermediaries in financial transactions, CAs are seen as being more cost-effective. Angel Broking, a leading stock-broking house, has increased CA hiring from 5% to 15%. “Good MBAs are expensive compared to CAs. For tier-II cities, the average MBA salary ranges between Rs 4 lakh and Rs 6 lakh, while CAs are available in the Rs 2.5-3 lakh range. Both do similar kind of work,” says Dhruv Desai, senior VP (HR) at Angel Broking. The company recruits CAs for back-office work which is more financial in nature, while MBAs are hired for front-office jobs where they have to interact with customers and use their communication skills. “Though our recruitment is predominately MBAs as we are customer-centric, the ratio is tilting in favour of CAs,” he says. MBAs constitute 75% of the company’s total recruitments, but the share of CAs has doubled to 10% over the past two years, he says. The company employs more then 7,000 people. Changing accounting methods and introduction of new tax regime in the globalisation era have pushed up the demand for accountancy professionals.
By
RAMANATHA PRABHU N, Chartered Accountant
| 04 13 2010 12:10:59 +0000
I am completely aggreeing with the statement that the CAs are far better than MBAs.As a CA Final student, i am proudly saying that CAs are well proficient in Financial and Management Accounting,Auditing,Corporate Reporting,Law matters,Cost Management and Strategic Management.In addition to that as Indian Taxation (Both Direct and Indirect Taxation) is a complex one,only a highly knowledgable CAs can handle the situation.MBAs are mainly meant for Marketing or sales.But they cant handle the finance since they generally dont have such competence.i am challenging that an MBA Graduate cant challenge a CA in Financial matters.Then how can you compare a CA and MBA.
By
SHABAB M U, Head/VP/GM-Finance/Audit, SHAJI POULOSE AND ASSOCIATES, CHARTERED ACCOUNTANTS
| 04 13 2010 11:55:43 +0000
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I AM RESPECT CA'S BUT MBA ARE THE PERSON WHO CAN HANDLE THE BIG FINANCIAL RISK HOW TO HANDLE IT WHEN CUT OFF N WHEN TO ENTRY WHERE TO INVEST HOW THE COMPANY GROW WHERE IS NEW OOPS. TO WORK EVERY CORPORATE IS HIGHLY DEPENDS ON MBA'S CA'S ARE THERE TO JUST AUDIT & MANAGE ACCOUNTS MBA'S HAVE TO WORK FOR GROWTH REAL PRESSURE IS ON THEM.
By
sarvesh trivedi, Cust. Service Manager, ICICI Bank
| 08 29 2010 17:45:55 +0000
To my opinion both ca $mba have its own value the thing is that ca attornery power is not given to any other pvt sector that is why ca is more powerful than mba
By
Davies francis, Analyst, self
| 08 29 2010 07:57:16 +0000
i dont think people should give comment on this kind of debate. each subject have their own jems...by discussing who is better than who is useless...both of them have their own field to work.....so friends do not discriminate...
By
sudipta saha, Consultant, SC analytics pvt ltd.
| 06 14 2010 12:13:26 +0000
The mere Expansion gives the essence. CA - Charted Accountant, MBA - Master of Business Administration. If the "Better" is measured on the basis of "Accounting Requirements" alone then CA's are better. But, if the management and the strategic decision related to finance is needed then MBA's are the best. So, CA just track and correct the accounts, where as MBA run the business game.
By
deepan , Sr.Research Analyst, Beroe
| 06 14 2010 10:52:17 +0000
As a neutral person "Neither CA nor MBA by profession" here is my argument. If you want to save money and make sure you are running business within the ambit of the law and are not wasting capital, CA is what you need. If you want to think outside the box, get the bigger picture, expand, scale etc you need an MBA. Both are very specialized areas of knowledge and operation one concentrating inward on compliance and numbers (CA) and the other focused outward on the next big thing and numbers (MBA).
By
Aniruddha Gargya, Tech Architect, InSync Information System (P) Ltd.
| 06 14 2010 09:04:35 +0000
If there is a vacancy for CEO of the organisation and a CA and MBA both insider are the candidates in that case the CA will get preference over MBA candidate. Jyoti one should understand that CA is one perticular subject relating finance but in case of MBA it is all most all the subjects perticularly relating to Marketing inluding finance is being taught so according to me MBA candidate is more aware of the organisational strengths and will decide how to implement the same. Then why a CA is preffered to be a CEO as stated above? It is all about bottom line and nobody understands the bottomline better than the CA of the organisation.
By
Rathin Deb, Freelance Retail Consultant
| 06 14 2010 07:32:33 +0000
We cant compare two different fields. Who is better? doctors or engineers? if we believe that MBAs do only finance and that is the skill we are looking for then choose a CA. The quality also depedns on things like- is the person actually suited to the business world? We are so used to doing graduation and taking up a job in the corporate world, hat we do not realise it is not for everyone. If the person has the qualities then where dio dthey study from. A lokkal MBA from an institute where there are no classes, cant really help the best candidate. What kinda expereinec the particular candidate has? How does he/she think? there are so many parameters in deciding which candidate to pick for what role--one cant just look at the proffesional degree.
By
Akshayata , Marketing Manager, Marketing
| 05 26 2010 10:58:12 +0000
A B.Com/M.Com graduate with lots of experience can replace a CA. Except for one thing that a B.Com/M.Com graduate cannot legally be a auditor. Whereas an MBA degree not necessary but a must for anyone who wants to be a 1) Entrepreneur 2) CEO 3) Manager. A CA may need a MBA degree, but a MBA will never need a CA certificate.
By
Ravi , IT PMO, Cricket Communications
| 04 27 2010 16:45:30 +0000
However comparison is difficult as a conjugate is necessary for any organization and both are integral part , However as per my exp in Marketing oriented companies it is more suitable MBA as heading of organisation as It is generally seen and observed MBA's are more lively and creative in their approach when it comes to goal setting being innovative and articulate to move ahead , However CA's are noticed to be conservative in above aspects , They are good in saving money and keeping books of account in right direction However MBA,'s are good in bringing money to manage the accounts.
By
Piyush Gupat, Sales/BD Manager, Essar Oil Limited
| 04 27 2010 12:14:09 +0000
CA are better in understanding the BS and taxation.But in terms of other Areas like HR and Operational and marketing they can"nt be as good as MBA's. Corporate Inc require someone who can steer the ship forward for which MBA is the best choice. For technical issues like taxation CA can do better and CA 's exposure to other functional area's very much restricted.
By
Jayan Kizhakkedath, Collections Manager, ICICI BA
| 04 21 2010 15:44:27 +0000
What tastes better apples or mangos ? Both are juicy fruits, sweet, feeling etc. etc... But still the comparison is not correct. The CLASS is different. MBA includes, marketing, sales, finances, prodution etc etc... but actually doesn't include accounting stuff. The MBA in finance includes the elementary knowledge of taxation, laws and accounting. But the real purpose of MBA is to create, manage and run business. CA's are all about accounting, company rules and law etc. Both are important. Have you seen any company run by CA ? The answer is "NO", its because it's not their business. Now coming to curriculum part, as said earlier MBA includes basic knowledge of many subjects and CA includes deep knowledge of particular subjects. The debate topic is not relevant hence I opt against it. But this doesn't mean the CA's or MBA's are superior to any.
By
Nishant Patil, Senior Developer, BNP Paribas
| 04 20 2010 07:19:42 +0000
CA's are definitely intelligent and harworking and very few are able to make it and have hands on apprenticeship experience in going through the intricacies of finace, taxation, accounting, company law etc. but their training seems to be more of the book-keeping type playing a specialist role in the given domain supportive of commercial aspects of business like costing, taxation, profit and loss, balance sheet preparation, audit, etc. the knowledge gained is more through self-study supported by contact classes and practical work. MBAs from superior institutes like the IIMs with engineering/science backgrounds again the select few have a holistic view of business operations and business strategy inclusive of marketing, finance, hr, operations management, systems management, etc and are trained to be CEOs as team leaders and corporate planners able to integrate expertise and provide global leadership and direction for strategic business success. MBAs look at concept and strategy and strategic analysis and communication with holistic leaderhship skills. MBA degrees have become too prolific with too many business schools alike commerce colleges the commerce faculty teaching the students many a times; doling out the degrees with inadequate faculty resources and admitting students on fee basis rather than wholly on national merit - the product a shade better than a MCom/BBA student able to play bottom executive support roles needed in large enterprises providing analytical or sales support. to that extent i would guess an average CA with his hardwork and domain expertise gained through vigorous training and aptitude would be better than an average MBA from a common b-school these days, the CA is able to quickly able to play an advisory role with the top management in medium scale enterprises. CA would soon be in the top management leadership executive team while only MBAs from national level B-Schools like the IIMs and a few others would be in that cadre. how if CA/MBA colleges are integrated sharing the ethos and the expertise churning out more valued added products and services in terms of human capital with a equitable pedagogy. we can then probably end this debate. regards/kshantaram
By
kshantaram , GM-hrd/hr professor
| 04 19 2010 07:18:27 +0000
Hi .. what a bebate ... !! Who is not a CA nor a MBA, may be regarded as the best individual to answer this. One may not be biased to judge. But ... what for this debate ? Both the CAs and MBAs have their respective fields. A MBA may be from varied fields, e.g. an Engineer may be a MBA or a Doctor may have this degreee. CAs have their own field of expartise. Cos may hire any of them or both as per their requirements.
By
ASOKE KUSARI, Domestic Private Banking-Executive/Manager, A large leading PSU Bank - India
| 04 18 2010 06:54:38 +0000
I agree with Mr trivendar, Both are different fields, and even the applications of the two field differ, and finally at job it is not MBA v/s CA, its who has basics right, who can apply those basics properly , who can adopt well to changing needs, who can keep on learning and as a matter of fact it could be a person with any background not necessary an MBA or a CA. Financial Know-how and communication skills are not the only parameters to judge, there has to be much more than this
By
nehal ukani, Business Analyst (Business Design), Creative IT India Pvt Ltd
| 04 18 2010 05:21:27 +0000
You are trying to compare two different roles. It is like comparison between a surgeon who operates on live patients and a surgeon who performs a post-mortem. The role of MBAs is that of the surgeon who operates on live patients resulting in the saving of the patient. The role of CAs is basically that of a surgeon who performs post-mortem to find out the causes of failure of the operation/death of the patients. They try to find out the reasons for the financial lapses, shortfalls and so on.
By
kanukurthy sudershanrao, Operations Manager, Andhra Bank
| 04 15 2010 17:45:13 +0000
Just one article in ET and there is theory to prove that CAs are better. Is there any person who can prove that CAs are better than MBA in over-all value creation and business growth? Every body is behind MBA degree to prove them that they are not superior .....So what is the end result ? JUST OPPOSITE I would like to recommend people first do a regular programme in Management and then talk . You cannot comment when you are not aware of management educational system.
By
PREM PRAKASH, Hospital Administrator, O.P.Jindal Institute of Cancer & Research
| 04 14 2010 12:53:26 +0000
I would not say that CA's are not good. But MBA's have smartness to complete a task/work. CA's are hard workers, MBA's are smart workers.. CA's have all book knowledge, MBA's have good book knowledge with applications(Recho in 3idiot proves only book knowledge doesn't work) CA's do same audit, B/s every year, MBA's make new strategies every year
By
Rahul , Finance & Accounts Manager, RT Outsourcing Services Ltd.
| 04 14 2010 09:08:42 +0000
Agree with Nikhil!! The equation should be; MBA = CA Reasons: Marketing is concept based and requires a lot of processes to validate the concept and bring it to the edge of being REAL. Processes involve COSTS which MBA's are not essentially good at arriving at but good at guessing it!! CA's are the root cause of a concept seeing the light of the day as they would provide the basis of the REAL costs that would affect the birth. These two players are extremely important in an organisation and are absolutely equal in their level of competencies and importance. As a profession, MBA's have a more lucrative career prospect than the CA's as the involvement of these marketing guys involves a universe which has the incredulity of being limitless,whereas the CA's are stuck with cold facts and numbers that can drive everybody around them CRAZY!! No comparision in these people :))
By
Makrand Bhave, Marketing & MICE, WIZCRAFT International
| 04 14 2010 06:33:01 +0000
i believe MBA is more prospective, challenging and versatile course of life than CA.An MBA is an all rounder who can perform all the business task in an equally efficient and effective way but a CA can not perform all the tasks.
By
Dinesh , MBA/PGDM student, PROTON bschool, ahmd.Gujarat
| 04 14 2010 05:15:18 +0000
What a silly debate is this. People are just making some subjects simply for posting as debates. What will be our next debate? Is IAS is better than IPS or Engineering is better than Medicine? We need both CA and MBA peoples in our contry both have their own value at least for the time being.
By
Manoj Kumar, Sr: Manager - QA, ARCHETYPE GROUP, INDIA
| 04 14 2010 04:20:33 +0000
Let us not mix up two issues as their roles are different in the industry, if we look at it holistically. A CA has more to get the finances organised for a business and an MBA is more to carry out the business with the finances allotted. Both are professionals in their field.No doubt the bottom line is revenue generation .Either it is done by cost control and cost cutting by a CA or the business to generate revenue through leveraging the skills of the MBA in solving the jugglery of all the finances that are utilised for a business and that is allotted. The MBA 's job is more holistic to the whole business as a whole and a CA helps the MBA in his achievement of the business goals together. If both think they are running the business then the business is as good as having left to cats and dogs who try to feel more bossy and leave the main aim of business to the fore. This topic is just aligning to the promoters who would like to push hard the CA to stop spending and the MBA to work under more pressure with limited money. It's like a parallel line that would not meet any where.This policy of recruiting Vis-a-vis the CA and MBA is on the wrong line of thought for any pragmatic business leader or a promoter. Business is unique and all the elements in it; the CA, the MBA, the operations, the marketing and all support staff directly or indirectly involved can create a havoc in business thought.hence debating on this subject will never lead to any decision. Regards Major M Rajendran(Retd)
By
Rajendran Mariagnanam Mariagnanam, Founder and managing partner, Braintrain consultancy services LLP
| 04 13 2010 15:37:53 +0000
this is meaningless debate,because both fields are different and both are very good in own field so that,s not any comparison between C.A. & M.B.A. and please stop this type of meaningless deabate.this debate like male is good or female is good.
By
trivendar kulshrestha, Sr.Accountant, smc
| 04 13 2010 11:42:58 +0000
I am not being diplomatic at all, both are good in theor respectiv efeild I am presently reporting a to CA with 15 yrs experience, but the best part is he still maintains and reads a lot of MBA articles
By
Nikhil , Senior Manager, Insurance
| 04 13 2010 10:49:59 +0000
Well i strongly disagree with the statement since CAs do not possess the proper communication skills which are an added advantage to MBAs. Being just knowledgable is not sufficient to be a leader. To be the best, u have to excel in every area. By just gaining knowledge, if you don't have the right attitude to deal with people, you can't be the best. In today's scenario, Communication skills and Practical attitude while dealing with people matters a lot but it seems CAs have the knowledge part but they are not ready enough to flex themselves in other areas also.While MBAs have the added advantage of knowledge in diverse matters and they are not confined to a single area of expertise. They have good communication skills, better ability to plan, strategise and execute. Along with that their curriculum is more of case study based which helps them in dealing with real life situations. They have much better communication skills and the right attitude to deal with people.
By
Priyadarshini , PROBATIONARY OFFICER, Bank of Baroda
| 04 13 2010 10:00:21 +0000
It's a very silly argument that, I have to answer all the way to prove that MBA's are far better than C.A's. In today's environment, major student's gor for MBA.They dont even think for CA. MBA is such a professional degree, it's change the persons entire mode....what a personality it build in a corporate world. They have all the exposure in the Industry and they can be part of any industry in any segment...whereas C.A's job is just a monotonus....I dont think that, in which way they are fit for decision making.... SO, I truely against for this argument and I always support that, MBA's are always on TOP of the world.
By
Nagraj Shetty, Independent Associate, LEADING MNC
| 04 13 2010 09:50:44 +0000
I don't think that two people with different sets of qualifications can be compared; both are important to any organization where they have their role to play. Moreover it also depends upon person to person,,different people apart from formal qualifications possess varied skill set/command over subject or like that so its very difficult to say who's better than who.
By
ujjval jain, Retail, Retail
| 04 13 2010 09:50:29 +0000
I am saying 'no' because the answer to the question is heavily dependent on the prevalent economic and financial climate. Also to say that CAs are better decision makers than MBAs poses the question - what decision making, Sir?
By
Manob Chakravarti, Freelancer, Freelancer
| 04 13 2010 09:31:23 +0000
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