Career Options after CA
The journey to becoming a Chartered Accountant (CA) is undeniably challenging, yet a rewarding one. Once you become a qualified CA, there is no scarcity of employment opportunities where you can showcase your knowledge and expertise.
Over the years, Chartered Accountancy has become the most sought-after course with great career opportunities for CA students. It is usually said that a CA is an institution in itself. You not only become qualified to get a decent job, but you also become a job giver. What you want to become is always your choice, though.
With the ever-changing business environment wherein every day we hear something new popping up, be it Goods and Services Tax, Application of Indian Accounting Standards, Convergence with International Financial Reporting Standards, etc, the role of a Chartered Accountant cannot be emphasized enough. There is not a single company or industry where CAs are not required.
After passing the CA Final exam, one becomes a member of the Institute of Chartered Accountants of India (ICAI). In this article, we will discuss some of the popular career options available for Chartered Accountants. Let’s have a look at them.
Career Opportunities after CA
1. Work in the BIG 4
The four prominent recruiters or the DREAM COMPANIES of CA professionals- Ernst & Young (EY), Price Waterhouse Cooper (PWC), Deloitte, and KPMG hire fresh Chartered Accountants every year offering great opportunities and salary packages. Not only freshers, but even experienced professionals have ample job opportunities in the Big 4.
Also read: CA Preparation Tips for Guaranteed Success
2. Work in CA Firms
Initially, working for big or medium CA Firms is what many Chartered Accountants choose as their career path. They start their professional journey with CA Firms where they get the required practical skills and exposure. Based on the interests, a Chartered Accountant can pursue a career in the following firms:
- Internal Auditing
- Tax Auditing
- Forensic Auditing
- Accounting & Finance
- Taxation Advisory (Both Direct and Indirect)
- Statutory Audit under applicable statues
- Managing Treasury Function
- Others like Bookkeeping, Finance Controller, Preparation of Financials of companies, etc.
3. Start Self-Practice
This is one of the most popular career paths post qualification. It allows them to work in the areas of their choice and is akin to owning one’s own business. There is no bar on the earnings of a practicing CA. However, practice requires a lot of patience in the initial years. The success of your practice depends on how well your practice is set up, your clientele, and how well you provide services to your client. You become your own boss when you practice CA.
With the ever-increasing number of students interested in CA education, one profession that will never see a recession is teaching! Over the years, teaching as a profession has emerged as one of the most profitable options after becoming a Chartered Accountant. A large number of students take coaching/classes as the CA curriculum is vast and complex. Hence, the demand for qualified and experienced teachers such as CA Aaditya Jain, CA Raj Kumar, CA Bhanwar Borana, CA Sankalp Kanstiya, CA Pankaj Garg will always be there.
Also read: Best Faculty for CA Final
Now that you have a good idea about the employment opportunities, we believe it might help you in choosing your career choice more effectively.
Becoming a Chartered Accountant is not a cakewalk. It requires dedication, hard work, perseverance, and most importantly a reliable learning resource for CA exam preparation.
OnePrep is an excellent source of quality education among CA aspirants preparing for CA exams and has everything you need to ace CA Foundation, Intermediate, and Final on one single platform.
All the best for your exams. Stay tuned for more updates.
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