Tuesday, 21 July 2015

How does BA-Economics compare to a CA Degree in India?

BA-Economics stands for a Bachelors Degree in Arts with Economics being the prime subject of focus. It is a wonderful course to pursue at the undergraduate level as the course content focuses on arming you with basic concepts of Micro Economics, Macro Economics, Statistics, Indian Economics, Behavioral Economics, etc.

Whereas, CA is firstly a professional course that gives you a statutory right to certify financial and accounting documents in various capacities, among which the most common is the auditor. The objective of the course is to turn a student into an expert on Accountancy, Audit and Taxation among various other allied disciplines of study in the commerce stream.

Therefore, these courses can be differentiated on the following fronts:

1. Status: Bachelors Degree v. Professional Qualification
2. Depth of Study: Preliminary vs. In Depth
3. Subjects of Study: Economics vs. Tax, Accounts, Audit, etc.
4. Expected Salary of a Fresher (approximate): Rs. 15,000 vs. Rs. 45,000

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