Career in Chartered Accountancy, Banking and Company Secretary

One of the most flourishing careers are in banking, chartered accountancy and one can also take up the career as a company secretary as all these careers hold a lot of growth and financial security in the future

Career in banking

A career in banking is the most preferred one by most of the students. The notion that only students from commerce background can get into this career has changed and at present the maximum number of people who have achieved excellence in this field are from different streams. This has opened the gates for people who think banking is not form them as they are students from humanities or science. Even though the Private Sector banks prefer people from management background, the Public banks appoint any individual who has passed the All India Examination conducted by them. for more highly One needs to have good communication skills, enough knowledge of the industry and fluctuations in finance market. However, for a higher post in private banks one need to be specialized in particular fields like project analysis, credit appraisal skills etc.

Career in Chartered Accountancy

With the flourishing success in the finance sector and accounts there is immense need for Chartered Accountants which has increased their demand and thereby their value. A career in Chartered Accountancy is the shortcut to gain respect, status and success. According to the company’s act, only chartered accountants can become company auditors. Therefore, they have an upper hand in supervising the proceedings of a company, which means large handsome packages. The Institute of Chartered Accounts of India (ICAI) is a body set up to regulate chartered accountancy as a profession and career. A chartered accountant is specialized in taxing, accounting and auditing. There is demand for CA’s everywhere, even in small businesses. A chartered account has to pass the examination conducted by ICAI and accepted by the same.

Career as Company Secretary

One tends to think a Company Secretary is the one who does the Secretarial work, however this is sheer lack of knowledge about this field. A Company Secretary is a legal advisor to any company, and holds high value. According to the company’s act companies with a paid up share capital of 50 lakh can keep a company secretary. These days, the maximum amount of growth is in the corporate sector which directly involves the people associated with it, the maximum benefited being the company secretary. One can work in government sectors also like stock exchanges or government financial institutions or merchant banking divisions of nationalized bank. If one is dedicated and hard working, he or she can also lead to the post of manager, chairman or director in leading firms.

Nowadays, careers which were not taken into account earlier are the ones gaining maximum popularity like a career as a company secretary or career in chartered accountancy or banking.