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The one which can produce results in a shorter period of time e.g. CIA.
Both have their merits and limitations. CPA is an advanced professional certification specifically designed to measure the critical accounting and financial management skills.This is especially relevant for success in a business environment
I think that CIMA or ACCA are the best in finance environment just like CFA in investment area.
The decision to pursue a CPA, an MBA or both, can be difficult and confusing. If you seek advice from others in the field, you will get a different answer depending on who you ask. Some will say you can’t have a successful career in finance without a CPA. Others will tell you to go for the MBA, and your earnings potential increases.
But the reality is, the right answer depends on the individual. While one degree might be right for some, it might not be the best decision for others. Your decision should be based on your individual circumstances: what career path you would like to pursue and your personal goals.
To assist you in evaluating the pros and cons of each designation, ask yourself these questions, based on your own distinct situation.
If you would like to go into consulting or management for a financial services firm, an MBA might serve you best. Other career paths for which an MBA is useful include securities analysts, investment bankers and venture capitalists.
However, if you want to go into auditing or review financial statements, you're going to need a CPA. Other CPA career paths include: controller, CFO, financial analyst, taxes or even opening your own accounting firm. Additionally, if your plans include employment at one of the big four accounting firms, a CPA is a must-have.
Careers such as corporate accounting, management accounting, governmental auditing and internal auditing demand a CPA. Completing an accounting degree is a valuable asset for both public and private sectors of the economy.
On the other side, some positions in today's world demand skills above and beyond finance qualifications. With business accelerating in the global marketplace, finance professionals may need skills outside of accounting, such as economics and marketing. Skills such as those are not part of a CPA designation, but are included in an MBA program.
After greeting ,,,,,,,,,
I agree with Professor answer / Morteza Mahmud
Only Industrial Growth is required in Career Growth & and Financial System of any Country matters too much.
