Courses to pursue along with CA in the year of 2025!

Testing your knowledge on the test is a different challenge from preparing for CA exams. A mere degree in chartered accountancy is not easy to earn because the field has become highly competitive these days; this is one of the reasons chartered accounting has gained popularity.

The prospect of chartered accountants has been broadened but, you can still beat your competitors by achieving a second degree or diploma. Many students opt for such additional courses after completing the CA course, but they also can be done parallelly.

Additional Courses with the CA Course

The best courses that one can do parallelly with the CA course are as follows:

1. A certified cost and management accountant, or CMA

Adding the CMA course to your educational path can prove to be a good decision if one likes the notion of a job in cost accounting and can continue to show interest in it through the CA degree. This combination can attract high-paid customers and open doors to profitable potential in manufacturing enterprises.

The CMA eligibility criteria are such that if you have graduated from a secondary school, passed any undergraduate degree in any stream other than fine arts; or passed the Foundation of ICSI/Intermediate of ICAI, you can apply for the course of CMA.

2. Company secretary, or CS

If you are planning to opt for courses CS and CA together, that is a wise decision. It has lots of benefits. There would not be much hard work in managing your study time because the subjects in the CS course are relatively simpler and comparable with those of the CA degree.

Another reason it's also quite affordable for a CS course, allows one to earn two degrees in an economically practical approach. You can take care of customer accounts and cash and follow up on careers in management and administration by pairing a computer science course with a certificate in certified public accounting.

You can pursue jobs like these once you've finished your computer science course.

• Chief Compliance Office Advisor
• Executive Secretary Professional Board Governance Advisor
• Auditor in Secretarial Services

3. CFA (Chartered Financial Analyst) Course

Students who have a passion for finance, CFA is an excellent choice to study after completing your CA program. Graduates who have completed both their CA and CFA degrees can do well in careers like Investment Banking, Hedge Funding, and Portfolio Management.

The CFA program stretches to include the examination of financial statements, while the CA program focus usually includes a balance sheet review and offering a current perspective on past events.

The CFA program also forms an internationally recognized course. It can be pursued as a post-secondary graduate course study. You can get enrolled for it right after completing high school.

Jobs After CFA:

• Portfolio Manager
• Risk Analyst/Risk Manager
• Research Analyst
• Investment Banker
• Private Wealth Manager

4. MBA (Masters of Business Administration)

The most favourite other than a Chartered Account (CA) is an MBA. It is a good one because, for several reasons, it is improving your academic record and preparing you for the business world. Therefore, if you are interested in taking up a particular job route, you can even opt for an MBA with a finance concentration.

An MBA will give you access to various kinds of job opportunities, especially in various sectors such as:

Banking

• Consulting
• Finance
• Human resources
• Marketing
• Operations

In fact, most graduates with such degrees as BTech, BBA, BCom, BA, BSc, and BCA, in order to advance their careers once they complete their undergraduate courses, opt to get an MBA since it is generally considered very valued in the industries.

5. Law

Pursuing an LLB course may be pretty useful if you're interested in legal topics that are covered in the CA course and would like to explore them further in your work. You can deal with a variety of situations based on your degree, for example, business law-related, civil law, international law, labor law, family law, and patent law. Your professional options expand when you have both a CA and an LLB degree.

With this qualification, you can provide your clients with a broader service offer and attract more business as a qualified chartered accountant with an LLB degree. Your professional abilities get upgraded by this combination.

 6. FRM (Financial Risk Management)

Of the CA degree holders, FRM is most in demand in this category. This qualification will take you up the finance ladder. The FRM course is hands-on experience-oriented.

Most of the Indian leading companies require good financial knowledge along with an ability to manage risks. Hence, you can prove yourself to be more effective and useful by incorporating the FRM certification into your resume.  

You will be able to get admission for investment banking and portfolio management or any other capital market sectors after completing your CA Course and FRM.

Becoming a certified public accountant is a reputable professional choice in this generation of growing technology and competition and many applicants decide to get other certificates to get ahead of the competition.

7. CIMA (Chartered Institute of Management Accountants)

Combining the CIMA and CA are good courses to consider, and since CIMA is accepted worldwide, this combination unlocks other job opportunities. Besides accounting, CIMA training will develop your leadership and people management skills. If you already have a CA qualification, then also CIMA has more convenient procedures.

If you have passed your high school or matriculation exams, and bachelor's, which will put you in a great position to become an Honorary member with any sort of professional degree, you qualify for CIMA in India.

8. CIA (Certified Internal Auditor)

Well, if you are a CA student wanting to work in auditing, then consider putting the CIA course on your resume. It is a course that advanced internal auditing abilities provide and is recognized throughout the world. Best of all, tests may be taken online at your convenience-very helpful for those busy CA candidates.

Alternatively, you could pursue it after obtaining CS, CWA, or CA credentials. Many professionals earn their CA, CWA, or CS certifications and then go on to follow this course in India.

To get admission in one of the above given courses, book a free counselling session with our expert counsellors and make your decision more easily.