Difference between CFA and ICWAI
Although CFA and ICWAI are finance and accounts-oriented programs, both are poles apart. CFA is a graduate-level self-learning program that incorporates a sophisticated syllabus of investment principles with professional demeanor requirements. On the other hand, ICWAI is a field of study that deals with handling financial records, accounting and audit works of firms and conglomerates.
CFA Course and Career Opportunities
The CFA institute, which encompass the world’s biggest union of investment professionals offer the Chartered Financial Analyst program. Through the CFA program, aspirants may be equipped with the practical and elementary knowledge, which helps in the accomplishment of a wide variety of career choices in the investment profession. On completion of the course, these experts can look out for career in public or private sector companies. Most of the Chartered Financial Analysts work in the financial sector companies like banks, insurance companies, and so on.
ICWAI Course and Career Opportunities
Aspirants can study the ICWA program from the Institute of Cost and Works Accountants of India. The ICWA program encompasses three levels, mainly foundation, intermediate and mains. Those who clear the three stages of the program can become ICWA’s or Cost Accountants. The ICWA tests are carried out twice annually, in the months of June and December. Cost Accountants can seek out for career in Government sector. The job profile of the ICWA in the public sector comprises Cost Accounts works, formation of government policies and so on. After completing the ICWA course, these professionals can also search for employments in multi-national companies, banks, insurance sector, financial institutes, and industrial sector and so on.
Key differentiators between CFA and ICWAI
- The Global Association of Investment Professionals, CFA institute offers the Chartered Financial Analyst program whereas the Institute of Cost and Works Accountants of India offers the ICWA program.
- CFA is concerned with the technical and practical works in finance whereas ICWAI concentrates more on the Cost accounting works.
Both CFA and ICWA are self-study programs that help aspirants to have a strong base on finance and accounts subjects. Through these programs, they may be self-sufficient to work in the top-most designations of companies dealing with the finance and accounts work.
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14 Responses to “Difference between CFA and ICWAI”
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I completed my mba (fin) write now i am working in accountant
so i want to icwai plz suggest me .
what will be the package for icwa complited student.
what is the salary after cfa
what are the plcements for CA, ICWAI, FCA, etc in various companies…..?
dear sir, im interested in icwai. so plz some information about icwai new syllbus 2012..
how salary after cfa
Hi, I am currently working in one mutual fund company as a relationshio manager,my profile is purely sales and marketing
but now i want to change my area of work AND i want to do ICWA and other important thing is that my age is 30 so is it worthful for me at this situation to opt ICWA as my carrer ,
kidly tell me it will help me or not.
i m in b.com 2nd year. what are the fields after b.com.
I.C.W.A.- where are the coaching institute in greater noida
to preparation for i.c.w.a. exam .
what is the pattern of i.c.w.a. exam.
what is the carrier after i.c.w.a.
hiee I have MBA (in finance) degree and now i am interested in doing CWA. I wanted to know the career opportunities for MBA+CWA combination. I will b working for a bank now and will be doing CWA with job. do I have ny career opportunities in banking sector wid MBA+CWA?? what kind of profile would be more suitable for my qualification?
plz help me out.
waiting for ur reply.
hi, i am supriya, doing my MBA 2nd year in finance and HR,want to do further study that can help me to get something more in finance..
after cfa complete institude provide employment or not
what are the techniques available to get more percentage in icwai intermediat first group?
Sir i’ve completed m.com(abst) and msc(cs).i’m an account assistant .now tell me wt to do aftr this m.tech(cs) or icwa or phd in commerce .plz tell me
i want to know about the ICWAI registration of 2011 date?