‘Help! I am look­ing for a fi­nance job’

Hindustan Times (Chandigarh) - Guide - - INSIGHT -

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.

—AB

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 men­tortalk@shine.com

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