In this Contemporary era, Chartered Accountant is one of the most demanding courses right now which raises the level of competition. While opportunities for Chartered Accountants have increased, getting an additional certificate or degree gives you an extra edge over others.

Having dual educational certificates provides you many benefits, like a higher salary package and better job positions in corporate companies. Many of the students prefer to do additional courses after becoming CA while others can do while continuing CA.

If you are the one who is confused about the courses that what to choose while pursuing CA or what not then we will provide you all the information related to all the courses so that you can easily choose your course.

10 Courses to do Along with the CA Course:

If cost accounting is your favorite subject and you have further plans to do a job in this field, then doing a CMA course along with CA is a good choice. Doing this course, can open doors to lucrative in manufacturing companies.

As a CA student, you get an exemption as 70% of the CA syllabus is similar to CMA.

Eligibility criteria for CMA course

You are eligible for the CMA course if you have completed your high school, have an undergraduate degree in any field except fine arts or have passed CSEET/ Intermediate of the ICAI exam.

Company Secretary (CS)

If you are thinking of pursuing CS along with CA then it’s a better choice. By doing this you can get several advantages because the CS Course is a little bit easy and has similar topics as CA. So, it is not very challenging to manage time for your studies.

Moreover, the CS course is very affordable and you can do both courses by spending less money. By doing both courses together you can easily handle management and administration along with handling clients in accounts and finance. 

Eligibility criteria for CS Course

If you have completed your undergraduate and graduate degree or have passed the CA foundation level and cost accounting course then you are eligible to give admission at the CS Executive level.

CFA (Chartered Financial Analyst)

If you are the one who has interest in the finance field, stock market, investment banking and equity research then it is one of the best courses to do with CA. 

The CFA exams are conducted often, so it is a great chance to do practice both exams together. For CA Students it has a great opportunity the starting level of CFA is quite similar to some subjects of the CA course. If you practice both courses together, then you will get jobs in multinational companies.

Eligibility Criteria for CFA

To be eligible for CFA, you need an undergraduate diploma or a degree from a recognized university.

MBA (Masters of Business Administration)

One of the better options to choose along with the CA course is the MBA. Getting an MBA degree not only boosts your educational qualification but also prepares you for the business world. For a better career, specialization in MBA finance is also a better option.

By doing an MBA you will learn management skills and open up doors to various fields like Banking, Consulting, Finance, Human resources (HR), Marketing, and operations.

Law:

In the CA Course, if you find Law subject very interesting and easy, then pursuing the LLB course can be beneficial. By having knowledge of both the courses you can easily handle cases related to Corporate law, Civil law, international law, labour law, family law, etcetera. 

Eligibility Criteria for LLB

To be eligible for the LLB course, having a B.com degree is a better option. 

FRM (Financial Risk Management)

The demand for the FRM certification course is very high and it also increased the career opportunities in finance for those students who are doing CA. The FRM course will give you hands-on experience in this field.

Many top Indian organizations want that kind of employee who has strong financial knowledge and risk management skills. Having both CA and FRM course degree you can earn on average of 7-8 lakhs per annum.

CIMA (Chartered Institute of Management Accountants)

Choosing the CIMA course along with CA is better option because CIMA course is recognized globally and gives you more career opportunities. This course will enhance your knowledge in accounting as well as managerial aspects. During CIMA training, you will learn skills like leadership, people management and many more. 

CIMA is an easy and quick process if you are a CA student because you can get many exemptions.

CIA (Certified Internal Auditor)

The CIA course is a better option for those CA students who have plans to take their career in Auditing because with the help of this course you will gain professional level skills in internal auditing.

This course is recognized globally with certification from IIA USA. This course is convenient for those CA students who have busy schedules because this exam is conducted online and you can take the exam anytime during the year.

Eligibility Criteria for CIA

To be eligible for this course, it is necessary to have a graduation degree. Candidates who completed CA, CWA, or CS are also eligible for this course.

ACCA (Association of Certified Chartered Accountants)

This course is recognized globally in over 180 countries. This course will help you to gain knowledge of UK GAAP and the necessary certification to work in various countries as a Certified Accountant.

Having both the degrees like CA and ACCA will increase your chances to get a job in the Big 4 CA Firms in India and get the opportunity to work abroad.  

There is no need to take all the ACCA exams if you have cleared CA Intermediate or CA Final papers because many subjects are common. Hence, you will need to give only a few papers and you will get exemption in other papers.

CPA (Certified Public Accountant)

If a CA student wants to go abroad, then they must do a CPA course in order to get knowledge of the U.S. GAAP. If you want to practice as a public accountant in the U.S. then this course is mandatory.

It is better option to pursue CPA after CA because many multinational companies are looking for CPAs

Conclusion:

Although, there are many courses to do along with CA but it’s totally depend on your interest and capabilities which course is suitable for you to continue with CA. Moreover, choose your course carefully as some of the courses are expensive. 

How Do Bhagya Achievers help?

Bhagya Achievers help you to achieve their goals by showing you the right path. Also, we have different type of study plans, student can buy according to their choice or preparation

Bhagya Achievers also have mentorship plan in which students can freely ask their study related doubts to their mentor and get solution to their problems.