‘Help! I am looking for a finance job’
I am a 29 years old. I finished my degree in commerce through correspondence from Delhi University in 2003. After that, I pursued some courses in the field of mass communication. Later, I started working with a private firm as an administration officer. I have four years of experience in office administration (in various organisations) and also have some exposure to general accounting practices. I am currently pursuing my MCom from Annamalai University through distance education. I want to do a job that gives me greater exposure to accounting and finance, but I am unable to get a break in that field. I am planning to pursue a course in cost accounting after my MCom. Will this help me build a proper base in the accounts domain and in terms of profession- al growth/getting a proper break in that field? Will it be a better idea to pursue a course like SAP FICO or any other relevant course? I wish to settle down as soon as possible in my career and would like to do a course while continuing to work. Please advise me accordingly.
You are right inasmuch as it is difficult at this stage to switch over to a finance job merely on the strength of an MCom qualification. ICWA (now called Institute of Cost Accountants of India) is definitely a better option in terms of getting a grounding in cost accounting and therefore a job in that field. Courses such as SAP finance and controls i.e. financial and management accounting are excellent in terms of teaching best practices in accounting but are very technology-specific applications. It may not be relevant at this time, although it may be a lot easier than doing a full-fledged ICWA course. When you look at doing it alongside a job, SAP FI/CO may be a better option. The author has more than 30 years of varied experience, including as head of the HR consulting practice at Arthur Andersen, ricewaterhouseCoopers and Ernst & Young. Write to him at firstname.lastname@example.org