Anyone in Commerce field here? Career help needed
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There is a younger relative, not so young by the way. Maybe 29 years.
The person is BCom passout. Preparing for CA but unable to clear (Inter is cleared). Has passed through depression phase (parent passed away).
He needs advice on possible future career paths – Is ACCA a good choice? ACCA starting salary will be around 40k per month I think? Considering he is already 29, what else can he do to reach say 1 lac per year or more salary?
Interests are commerce only (IB, GST, Stock Advice, etc).
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Other than clearing CA he has no other job in this world – there are many who cleared with just hard work.
If not cleared now then it would become impossible task with every passing year (again have seen many finally dropped)
Let him take an year or two but clear CA
He already wasted 29 years. He should stop any kind of education. He needs to get into action at this age.
Ask him to get married first (with in the community and poor and educated girl).
Life will change automatically after marriage.
Smh
Nothing fixed with respect to income with any particular profession bro, i see CAs not being able to earn 10-15K a month.
Changing the course at this stage isnt recommended (contingencies would be present with ACCA too) , wont give a good impression in CV (Assuming he would be going for a job)
Not a career advice (I am ineligible to provide that to someone) just a general thought
Can’t he work as PO in banks?
Ask him to clear the exam. Spending another 3 to 5 years in education at this age not good without any income.(according to me)
I would suggest bank exams. preferably SBI
Age limits there ?
He’s gonna take atleast some time to prepare, we dont have current affairs in CA
Ask him to focus one group at a time. He should opt for somejob which gives him 30- 40k per month related to his passion but in nearby to his residence. Along with job he can study and clear one group at a time that is what i feel. 6 month is sufficient time to get one group clear at a time. So a year of experience or two max within that time if he clear CA , he would have multiple option to explore.
An alternative to job can be Tax Consultant, wherein he can file returns provided he has sufficient knowledge in Direct and Indirect Tax. Again in this option he has to get some time and study with one final aim as becoming a CA
Very difficult to start a new practice (even for a CA) as a tax consultant, indians dont pay money for this
Same with one of my friend.He have done MCA and wasted 3 years preparing for civil services preparation but couldn’t clear any of exam..His agr is 29 or 30 i think..I keep suggesting him that try for job in IT as he had done masters in computer application but he keep saying that he had forgotten all the basics of coding..He is in depression now a days..What should i suggest him?
@Budhe
Bro is he planning to shift abroad after his ACCA? In India this course is good but it’s real value is in the west.
+ @guest_999
Not everybody can prepare mentally & financially to move abroad & considering his situation I doubt it.
Marry a settled girl, and be a stay at home husband.
That’s a lottery
Start a job and do simultaneously MBA program in finance (online correspondence)
Hi
Other than this he can look
CPA,
CS, CFA,CMA,
INVESTMENT BANKING , Stock broking exams(ncfm) , insurance sector , loan .
INVESTMENT BANKING , short courses in taxation if he has interest in it , return filing exams (income tax ) ..
Take ur time tell him to compare the courses then choose
Thanks guys i have conveyed the same.
Very difficult times we are living in. Many audit related things (other fields things also) are getting automated now ☹️