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Mayank

Mayank Kumar  |192 Answers  |Ask -

Education Expert - Answered on Jun 10, 2024

Mayank Kumar is the co-founder and managing director of upGrad, a higher EdTech company. With over 10 years of experience in the education sector, Kumar can offer guidance about degree courses, campus, job-linked and executive programmes and studying abroad.An MBA graduate from ISB Hyderabad, he holds a BTech in mechanical engineering from IIT Delhi.... more
Asked by Anonymous - Apr 25, 2024Hindi
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Career

Hey mayank I will be giving ca foundation soon But I have heard a lot of negative things about the ca course which I indirectly found true Can you guide what manner I should pursue And what career switch are available in future with this stream I want to make career in finance . I am 17 would appreciate your guidance Thanks.

Ans: Hi, CA is a great career path to pursue, and I'm glad you're thinking ahead about your career. While it is good to be aware of the challenges associated with the CA course, it also helps you make a clear decision and prepare accordingly. Yes, CA is a tough exam to crack, requires a long-term commitment and consistent effort. However, you should reflect on your interests and long-term career goals. Ensure that a career in finance aligns with your passion and vision for the future.

Additionally you should also:
Research and learn more about the various roles and opportunities available to CAs. This will help you understand if these align with your career aspirations.
Talk to current CAs and industry professionals to get a realistic understanding of the career path. This will provide insights into the daily responsibilities and challenges faced by CAs. This should help you gain the clarity you require.

Furthermore, it is good to have a plan B as well. CA qualification provides a solid foundation to move into various other fields:
MBA in Finance: Many CAs pursue an MBA to pivot towards higher managerial roles or specialised finance roles.
CFA (Chartered Financial Analyst): Specialising further in investment management.
Data Analytics: Leveraging your financial knowledge in data science and analytics roles through instant skill-up courses
Law: Some CAs also pursue law degrees to specialize in corporate law, taxation law, or financial regulations.
Teaching and Academia: Sharing your knowledge by becoming a lecturer or professor in finance and accounting.

By addressing these challenges with a strategic and well-informed approach, you can better prepare for your future.
All the best to you :)
Career

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