sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
News Headlines »
 What is tax deducted at source (TDS)?
 Income Tax Return filing 2018: Here are some important tips for you
 Change in Examination Venue in Thane, Zone – II, May 2018 Examinations
 Here’s all you need to know New Income Tax return for salaried class available on IT portal
 What to do if you missed the (second) tax deadline
 Income-tax (5th Amendment) Rules, 2018 - Notification under section 9A (3) of the Income-tax Act, 1961 in respect of Fund Manager Regime
 Income Tax department warns salaried class again filing wrong ITRs
 ITR-1 form for AY 18-19 now available for e-filing
 New Income Tax Return Form for Salaried Class available in Portal
 Income Tax Return: ITR-1 ready for e-filing, says I-T department
 6 Tax changes you need to keep in mind while filing ITR for FY17-18 Income Tax Return efiling

ICAI moves to give CAs MBA status
April, 28th 2007

Chartered accountants are hankering for a bigger role in the business. Not happy with their status as essentially number crunchers, CAs are looking for a position akin to their counterparts who wield management degrees. To activate this transition, the Institute of Chartered Accountants of India (ICAI) plans to spend Rs 250 crore in setting up 11 centres of excellence (CoE) across India in the next eight years.

Work has already began on its first centre in Hyderabad with a planned investment of Rs 10 crore, which shall be operational next year. Two centres will follow in Delhi and Mumbai over the next two years. CAs have more knowledge than MBAs yet they lag in terms of salary and position. This has to change, said ICAI president Sunil Talati.

CoE will offer a PG qualification exclusively for CAs and will draw its faculty from the premier management institutes such as ISB and IIMs. It will focus on improving communication and marketing skills of CAs and help them build personality traits required to become a team leader. Earlier, Sandip Bhandare, chairman, Western India Regional Council of ICAI, had said: CAs are poor in marketing themselves, or negotiating their position. Thats where an MBA scores. CoE will focus on improving presentation skills, including command over English and body language.

While the average starting salary of a CA ranges from Rs 10-12 lakh per annum, at par with what IIM students are offered, theres a feeling within the CA fraternity that accountants tend to lose out to MBAs in the long run.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Company Overview

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions