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Thursday, December 30, 2021

What Are The Career Opportunities For A Chartered Accountant?

Over the last few decades, chartered accountancy has been one of the most popular and preferred careers opportunities for commerce students. Becoming a CA is often a dream of lakhs of candidates across the country, but the journey isn’t easy.

best coaching for CA foundation


It takes years and sometimes almost a decade to clear the CA examinations. Despite getting the
best coaching for CA foundation, it’s pretty challenging to clear the CA exams on the first attempt.

However, there are various perks of becoming a chartered accountant; one of them is the availability of numerous career opportunities. Choosing the right career path after CA is equally important as clearing chartered accountancy examinations.

Today, we’ll discuss the best career opportunities after becoming a chartered accountant.

Seeking Job Opportunities in the Big 4 Companies

Big 4 isn’t a new term in the chartered accountant community, but working in the Big 4 companies is always the dream of many chartered accountants. The Big 4 companies are KPMG, Deloitte, PWC, and E&Y.

These companies are basically the biggest recruiters of chartered accountants. They hire the most skilled and talented chartered accountants and offer various financial perk. Above all, experienced chartered accountants can also work in the BIG 4 companies.

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As a chartered accountancy candidate, if you aim to work in the Big 4 companies, you have to invest in the best coaching for CA foundation.

Working or Starting Your Own CA Firm

Not everyone prefers working 9-5; some want to become their own boss. In other words, you can also opt to become an entrepreneur after completing your CA studies. On the other hand, one can also seek job opportunities in CA firms.

Working for the Big 4 companies is always an expectation, but sometimes things won’t go in your favor. As there are numerous CA firms worldwide and demand for accountancy services is continually increasing, you can think of working in the CA firms.

Whether you start your own CA firm or work under someone, this is your first step in the corporate world, where you gain some important exposure and practical skills. The more experience and skills you gain the better career opportunities will be knocking on your doors.

Working in the PSUs

Some popular Indian PSUs like ONGC, BHEL, SAIL, BSNL, etc hire fresh chartered accountants during the campus placement sessions. These PSUs often hire the most skilled chartered accountants. However, the PSUs prefer candidates that have cleared CA final in one or two attempts.

IT Industry

IT is an ever-growing industry; it also has lucrative job opportunities for fresh and experienced chartered accountants. Working in the well-reputed IT companies like Wipro, TCS, Infosys, HCL, Tech Mahindra, Accenture, etc is the best alternative for the candidates who didn’t get selected by the Big 4 companies.

The key benefits of working in IT companies are a handsome salary, better future prospects, appropriate work-life balance, etc.

Final Thoughts

After becoming a CA, various other career paths are available like DISA and CISA, CFA, Direct and Indirect Taxation, and certified public accountants (CPAs). Even though CA alone is more than enough to build a strong career, pursuing further studies and working simultaneously is also highly recommended.

Best of luck for your career!

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