Should MBA also be recognized as one body, similar to CA's (ICAI) & CS's (ICSI)? Will that move give MBA's value like CA & CS

MBAs with min 5 years experience in a senior position can be recognised by an appropriate apex organisation.(SAY AMIA). The stratification is required as there are many institutions awarding MBAs.

CA of ICAI and CS of ICSI are the two premier bodies in India formed under a seperate enactment of parliment called Chartered Accountants Act and the Company Secretaries Act. Right now the MBA degree is under the UGC Act. If for an MBA if we able to pass seperate enactment, you can have a seperate body for that otherwise it will be an univercity degree.

CAs have to get expert knowledge in commerce, commerce consists of innumarable number of subject, I am unable to define the term commerce in terms of number of subjects. It is not enough for them to have knowledge in any one subject, it is very essential to have vide knowledge of commerce innorder to discharge their duty of conducting financial audit. Audit means verification/vouching of each and every transaction reflecting in the finacial and other legal matters of an enterprise. We have thousands of laws and enactmsnts prevailing in India. It is the auditors duty to report any deviations from the complience of any law prevailing in India and reporting the deviations from government policy, management policy or any policy formulated by any regulating authority.

Apart from auditing, CAs are involved in Financial reporting, Taxation and Corporate laws, Internal audit and controle, Corporate restructuring, Mergers and aquisitions, Foreign exchange and tresury management, ERP implimentation, System audit, Valuation, Arbitration, Insurance and Risk Management, Srategic Management, Knowledge Management, Management consultancy and services and much more.

I absolutely agree upon the argument. here it is not wiser to make the comparison of CA or CS with MBA. Both this areas are having there own value towards upliftment of the particular organizaiton. MBA has got insights from all the fields and can be an umbrella to various roles of the organization. But CA or CS is company requirement regulated under Government.

Yes MBA's should be recognised as one body seimila r to CA's and CS's...MBA's are capable of working in every field...It may be finance, HR,marketing or IT...

Yes, MBA should be recognized as one body and the process would be similar as CA, CS & ICWA. This will give MBA's an equal opportunity to upgrade themself in the market for senior position's in a company.