Fahad Hashmi Clip 004

Career Choices and Skills in Accounting

The Importance of MBA vs. CA

• The speaker reflects on the decision-making process regarding career paths, particularly the allure of pursuing an MBA due to the strong communication skills exhibited by its graduates.

• A critical observation is made about why individuals do not consider that Chartered Accountants (CAs) can also develop excellent speaking abilities, suggesting a bias towards MBAs.

Underestimated Soft Skills in Chartered Accountancy

• The speaker emphasizes that soft skills are often underrated among Chartered Accountants, despite their importance in professional success.

• ICAI has introduced various courses aimed at enhancing these soft skills within their curriculum, although they still provide limited exposure compared to technical training.

Technical Competence vs. Leadership Roles

• Many CAs reach high-level positions such as CFO due to their technical competence; however, they often remain behind the scenes while CEOs take the spotlight.

• Those CAs who acquire soft skills—like effective communication and persuasion—can ascend to CEO roles, becoming well-rounded professionals capable of both backend work and front-facing leadership.