Is CA useful for investment banking?

Another preferred education requirement is of a Chartered Accountant (CA). CAs are shifting to Investment Banking Industry on a large scale because of its paying structure and its popularity among the CA students. Another segment which enthusiasts CAs is to get into Financial Due Diligence team of Investment Banking.

Is investment banking better than CA?

In the context of earning, there is not much of a difference between a CA and an Investment banker but in order of complexity of the job and the pay according to that, an Investment banking role may be preferred.

Is accounting useful for investment banking?

Accounting knowledge – not necessarily the degree – is key for investment banking. Intermediate Accounting I and II are the most important/relevant accounting courses for IB . You don’t need tax/audit classes. If you major in Econ, make sure you have a good technical second major or minor.

Who Earns More CA or bank manager?

OFCOURSE, CA IS BETTER. Reasons- CA is not restricted to banking only, work as branch auditor , central statutory auditor in banks (higher post than manager), higher salary with experience & respect and hospitality as chartered accountant.

Is BCom good for investment banking?

B. Com graduates have the best possible chance of making a good career in Investment Banking.

Which is difficult CA or banking?

Bank PO is a competitive exam covering a variety of subjects and you need to work really hard to pass it. However, CA on the other hand is a rigorous course that usually takes 4.5 years to complete. It includes detailed knowledge of financial reporting, financial management, cost accounting, taxation, law and audit.

What is the salary of CA in Sbi bank?

Average State Bank Of India Chartered Accountant salary in India is ₹ 9.5 Lakhs for employees with less than 1 year of experience to 15 years. Chartered Accountant salary at State Bank Of India ranges between ₹ 1 Lakhs to ₹ 20 Lakhs.