MyCIMA

CIMA career India

Posted: Thursday 19 August 2010 by Vineet Sheth
Replies : 3

hi,

I m Vineet Sheth I m from India i would like get some information on CIMA as a career in India. I have completed my graduation in Bachelors Of Banking & Insurance. What is scope of CIMA in India ? why is it not so famous in India ?

What is the career scope in India after completing CIMA course? Is It approved by AICTE??? what kind of job do i get after completing the course and what pay?

is it true that in UK a person can arnd 35000GBP after completing this course???

I m very much confused about which course to do whether CFA or CIMA ??

please guide me.

With Regards,

Vineet Sheth 

CIMA OR CFA

Posted by Hareesha Shetty on Saturday 21 August 2010 08:30

Hi Vineet,

 

In India CA is famous and I guess if u want to continue u r career in banking, CFA is better.

 

thanks

Harish

Revert

Posted by Vineet Sheth on Sunday 22 August 2010 18:22

Hi Hareesha  thanks for the advice if i want to pursue career in finance as well as in a/c then what suits me the best? And are you doing CIMA and which level you are in? is it worth doing CIMA n make career in India after completing CIMA?

Regards 

Vineet Sheth

Scope in India

Posted by Jiten Thakkar on Friday 27 August 2010 12:53

Hi Vineet,

 

CIMA is a qualification for people interested in Finance with specialization in Management Accounting.With CIMA in Banking you can work as Business Analyst,Financial Analyst,MIS Executive which tend to need more Management Accounting skills.With CFA you will be equipped for roles in Treasury,Forex,Investments,Valuation.

 Both are different qualification and each has its niche in Banking sector equally.

 

It is true that CIMA is not so known in India.However,A qualified CWA or CA normally does understand what CIMA is.Once you start doing CIMA you understand that it gives you more business and commercial skills than a CA/CWA.So,As far as Skills is concerned you will be much better off than any other qualification and Scope will follow the Skills.

Yes,It is true that in India CA rules.But,That is more on account of their number and monopolistic policies rather than their competence alone.Once you start doing CIMA you understand how different it is than a CA!!

 

Regards,

JT