Who earns more CA or MBA?
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Generally, MBA's from top colleges earn more than most of the CA's. Still, there is no proper comparison between the two professions, let us understand the logic Completing CA Course requires a lot of hard work, dedication, and struggle of 5 plus years, similarly to take admission in the Tier 1 collRead more
Generally, MBA’s from top colleges earn more than most of the CA’s.
Still, there is no proper comparison between the two professions, let us understand the logic
Completing CA Course requires a lot of hard work, dedication, and struggle of 5 plus years, similarly to take admission in the Tier 1 colleges of MBA requires a lot of preparation for their entrance exams (CAT, XAT) the struggle here in MBA is of shorter time span but the competition here to take admission in the top college is also very high. So getting success in both the courses is difficult.
Now when it comes to earnings, the average CA earns around 7-8 Lakh per annum if he is employed for a firm while the earning can go up to 20-22 Lakhs per annum also if he is running his own firm and have a number of clients but that is not possible for all Chartered Accountants.
Similarly, top MBA Colleges offer placement packages of around 28-30 Lakhs per annum but it is not possible for all the students to take admission in tier 1 colleges so they end up taking admission in some average colleges where the package ranges from 6-7 Lakhs per annum.
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