Today’s youth do not just run after position and prestige, but give more importance to such jobs where there is good income. With the changing times, his thinking has also become more practical, he wants to choose a career which gives money as well as growth. In such a situation, when it comes to profession like CA or CS, where both money and prestige are available, then these options become even more favorite among the youth.

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What is the difference between the two?

Chartered Accountant (CA) is a financial expert whose specialty is accounting, auditing, taxation and financial management. Their main job is to maintain the financial health of the company. Whereas, Company Secretary (CS) is an expert in corporate law and governance. He ensures that the company is not involved in any illegal activities and acts as a bridge between the stakeholders and the board of directors.

Study path and time taken

In India, the journey of becoming a CA is handled by an organization named ICAI, it takes about 4.5 to 5 years to complete. It is divided into 3 parts – Foundation, Intermediate and Final. In this, it is necessary to do articleship (learning practical work) of 2 to 3 years. If we talk about CS, it is run by ICSI institute. It takes slightly less time to complete than CA, about 3 to 4 years, and includes 21 months of training along with executive and professional level studies.

Salary comparison

If seen, the work of CA is a bit more technical and it includes many things related to finance. Therefore, generally their salary is more than that of CS. Initially the salary of CA is around 6 to 12 lakhs per annum, whereas that of CS is around 4 to 8 lakhs per annum. At mid level, the salary of CA reaches 15 to 25 lakhs, while that of CS remains between 12 to 20 lakhs. At the senior level, the salary of CA can increase to Rs 40 to 70 lakh+, whereas the salary of CS professionals usually remains around 20 to 30 lakh.

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