| Question: After my graduation (B.Com (Hons.)) from Shri Ram College of
Commerce (SRCC), Delhi - (considered to be the No.1 college for Commerce in
India), I'm currently pursuing my finals of both, CA & CS, i.e. Chartered
Accountancy & Company Secretaryship courses (considered to be No.1
& 2 professional degrees, respectively, in the field of Finance in
India).
As part of my CA Course Curriculum, I'm undergoing my final year of
Practical Training (in all of 3 yrs.) in the Finance Division of Motorola
India Limited - South Asia Network Solutions Division, a 100 % subsidiary
of Motorola, Inc.-(USA). My CA will be completed by July 2000.
I am planning to move to US for my higher studies and ultimately,
set up my career in Finance over there (at least for some years). But I'm
totally confused. Right now, I suppose that I'm not eligible for an MBA
over there, without any work exp. (I suppose Practical Training under CA won't
be considered as work exp. by most of the universities over there).
So, whether I should still try for an MBA, or I should try for a Masters degree
in some Finance related area ; or go for CPA / CFA. Which one of these will
lead to brighter future prospects ? Can you tell my the exact picture (in
terms of career prospects) of all of these : MBA, Masters degree courses,
CPAs / CFAs. Can I change my line at this stage and move into IT (I have a
tremendous amount of interest towards Computers - I have also done
some short term Finance related Computer courses ; and but obvious that
our whole Accounting is totally computerised).
Also, what is the exact scenario regarding as far as getting into a
job (some decent one, at least a bit) straight away in US, with my
current profile ; and then I can try for an MBA or whatsoever (after
working for 2-3 yrs).
Please advise.
Thanks & Regards,
Nitin.
|
Answer: Dear Nitin,
At this stage in your career you need to make a
conscious choice in terms of the major functional area you wish to
pursue.However, looking at the overall contents of your letter , I would recommend
that you really take up a finance assignment in one of the major MNCs
here in India (Motorola will be a good option by itself) and work for about
2 years and then go for an MBA in finance from one of the well
known business schools in the states. That will really enable you to start
a finance career in the U.S. and then you can decide on further course
of action.
As regards to your interest in IT ,in any case there is
tremendous degree of IT interface required in the finance area these days.So,
you can use that to your adnvatage.Wish you all the very best in your career.
Your Counsel. |
