CA

Chartered accountancy is a professional degree course which offers huge scope for the
aspirants. After becoming a CA, a person can choose to
either be employed with a firm as an employee or they can
choose to open their own private practice.
Before discussing the scope of chartered accountant career,
let us look into the various reasons for why CA is a good
career option
*This professional degree course gives you flexibility to go
for higher education like MBA, CFA etc.
*There is no constraint on study hours that is, you do not
have to go to college to study and you can control the pace
of your study.
*Articleship is a mandatory part of the curriculum, and as
such, it gives you practical experience while doing
articleship. An aspirant can choose the organization they
want to work with.
*Most of the CAs end up being entrepreneurs. They are their
own boss. CAs can choose to become tax advisers and
consultants also.
*Maintaining continuity in career is easier for a Chartered
Accountant, as they can afford to take breaks and
sabbaticals and make a comeback after little brushing up of
knowledge.

Treasury & foreign exchange functions in banking are becoming increasingly important as the forex flow in the country is increasing & international markets are funding the operations of Indian corporates. Management of treasury profit center requires a wide variety of knowledge in the area of global money markets & financial instruments such as deposit certificates, treasury bills, forecasting, source evaluation & cost of domestic & foreign currency funds. Treasury & risk management ensures cost effectiveness in planning strategies in this era of deregulation. The currency values, interest rates, share index & commodities affect the financial derivatives like futures, swaps & other tools of risk management. Corporates therefore employ well trained professionals to manage treasury & forex functions so that they can ensure competent management. In a forex marketing job, which is an interbank job, a person needs to assess various markets on the behalf of the bank to advise corporates or other banks who need foreign currency. The job requires one to be constantly updated about the policies of the regulatory bodies, monitoring the current prices, making predictions based on analysis of trends etc. To build a career in forex management you may look at enhancing your qualifications. Treasury & forex management is becoming important as the forex flow increases & international mark.

A chartered accountant is one, who is specialized in accounting, auditing and taxation. The career prospects after pursuing chartered accountancy are exciting. Chartered accountancy can be the first step to other rewarding careers in finance, investment consultancy and fund management.
They also serves as a management and corporate caretaker. In recent times, accountancy has become popular as a profession.
Below mentioned are the upcoming career options available for chartered accountants:
1. Audit and taxation.
2. Project finance/ Financial advisory/ Mergers and acquisitions.
3. Investment banking.
4. Banking and financial services.
5. Outsourcing.
Below mentioned are other employment opportunities:
1. CAs can choose to set up their own independent practice and develop their clients on merit.
2. They can apply for job at an existing firm of chartered accountants.
3. They can offer their services in the field of capital market.
4. A qualified chartered accountant can join the government service, public sector or even in the private sector.
Institute of CA of India is also well recognized abroad like in England, Wales and Australia. So, one can even practice in these countries as well.