CA vs MBA

Is this debate doing good to anyone?

A lot of eyebrows have already raised and a lot of people have already become excited to debate on this topic. To all those I am sorry. Here I am not debating for or against anyone rather I am writing against the generalization of this debate altogether.

I am in favor of taking away this topic from all the debate lovers. Last few days I got a chance to meet many budding CAs and MBAs. All of them had listened a lot of different views on this topic. And these views had completely influenced their mindset about both the courses.

There are views that CAs are better and there are views that MBAs are better and there is an expert opinion that CAs are good at one thing and MBAs at other (Lets leave those things alone for now).

Let us not generalize all this and see from the point of view of an individual student. Irrespective of whether one is a CA student or an MBA student; the objective remains to gain the knowledge in his field of interest, learn and improve his presentation and communication skills, take practical experience and get the confidence to achieve his career goals.

So what I feel is once a decision is taken to pursue either of the course, a budding CA or an aspiring MBA should not give a piece of his mind to this debate. Rather he should concentrate on analyzing where he stands, improving his own skills and progress in his own career.

Proud CA who respects MBA

Sanjay Nawandhar

The First Step – GOAL SETTING

Goals are the target from an activity we do. This is the first blog that I am writing and the goal is to reach out as many students as possible, as doing the same one on one is difficult. What follows are mainly my personal experiences on goal setting and their achievement.

It is important to set a high and pragmatic goal- one which is achievable but only when we realize our full potential. It means the goal itself becomes a motivation.

Let me explain why setting a high goal is important with an academic point of view. Goal can be the marks that we want to achieve in each subject. See if we target to secure 70% marks then what we do is subconsciously program our mind to have a grasp at only 70% of things. It has a multiplier effect. When we are studying we consciously leave 30% of portions, then our subconscious mind retains only 70% of what we had studied and we end up at around 49%. This multiplier thing applies everywhere. So what’s important is set as high goals as you believe you can achieve.

Do consult seniors and mentor when you set goals for yourself. There should be no hesitation in it. Even Lord Hanuman required Jambavan to remind him that he had power to fly.

Once you have set your goals, write it down, go and tell it to everyone-of course not randomly but your family, friends and seniors.Unless this is done a goal remains just a dream. There is no bigger motivation then peer pressure.

Believe in goals you have set, Honestly work hard to achieve them and Be optimistic. There is a saying -“Believe you have received and you shall receive”.

When I gave my CPT exams all I wanted was a name in merit list which I did but was 6^th. From there on one of my mentor motivated me to target 1^st rank which I did but fall short by 1 mark in IPCC. The restlessness created by that meager shortfall helped me achieve the 1^st rank in CA Finals. It was not by chance but a result of dedicated hard work.  The goal to reiterate it here is not to boast about my achievements but to motivate some budding Chartered Accountants. Even if one student is motivated by this, my purpose will be solved.

Thanks for reading. I will soon come back with my schedule and my approach of studying. 

Regards

Sanjay Nawandhar