When selecting a field or choosing a career, one isn’t always clear and a hundred percent sure of what will be best for them.
There are always options and choices that one puts in front of himself and then choose smartly after weighing the pros and cons side by side.
That is exactly how you end up choosing the best for yourself and making a wise choice, unless and until you are really into some profession that you are fully determined to go after it, by all means.
Similarly, a difficult choice could be choosing between Chartered Accountancy and Computer Science. When people are looking into good universities for this purpose, they consider everything regarding the degree.
The scope, the job, and recruitment opportunities, time span, along with other things.
For this purpose, let us take a look at all the aspects of both the fields.
Chartered Accountancy
A chartered accountant is a professional status of an International designation that is granted to many professionals in accounting around the world.
Chartered Accountants usually focus on fields such as audit, financial accounting, assurance, management accounting, and applied finance or taxation.
Computer Science
As you must know that Computer Science is the study of computers and computational systems.
Computer scientists differ from electrical and computer engineers in a way that people studying computer science deal mostly with software and software systems. This includes design, theory, development, and application.
Course Duration
In Pakistan, the Bachelor’s degree is of 4 years. The same is the case with the bachelors in Computer Science.
Whereas, Chartered Accountants have a course duration of 5 years. The student should qualify for all 3 levels of the program, only then he/she will be designated as a Chartered Accountant.
Chartered Accountants
- Directorship
- Auditing
- Accountancy
- Cost Accountancy
- Taxation
- Special Company Work
- Management Accounting
- Investigation
- Share Valuation
- Arbitrator
Computer Scientists
- Computer Programming
- Computer Forensics
- Computer Networking
- Database Administration
- Cyber Security
- Information Security
- Information Technology
- Software Engineering
Career in Pakistan
For Chartered Accountants, there is a great scope for students who want to specialize in any field of accounting which may include the following jobs:
- Auditing
- International Audit Jobs
- Bookkeeper
- Financial Adviser
- Accounting Manager
- Payroll jobs
And that too in one of the best accounting firms in Pakistan, as well as on the International level too.
Whereas for Computer Scientists, the whole world depends on computers and technology these days. The scope for computer scientists may be more than a simple engineer or a doctor who still has to accomplish various difficult degrees in order to make a name for themselves and earn as they deserve.
Job Opportunities
Chartered Accountants have a long way to go to Pakistan. As the days are passing by, in this new world of today, the growth of this career is increasing day by day by the addition of businesses, the security of companies and firms, and the new and upcoming and changes in the rules and regulations of the financial sector.
As the world economy is increasing, so is the demand for accounting expertise. Hence, more accountants and auditors will be recruited to perform the job of books, giving management advice and organize taxes etc. This thing indicates a prosperous future for those who are looking for a bright tomorrow for themselves.
Related: Chartered Accountant Vs Software Engineer
Other than these basic facts of the world economy, another thing that is important in Pakistan is that there are a lot of changes in law amendments related to taxes, business investments, mergers, financial reporting standards.
Due to this reason, there is an increase of demand which supports the ideology that more accountants will be needed for these purposes. Hence, there will be a lot of job opportunities and openings in this field in Pakistan.
Similarly, for Computer Science students, there is a great scope regarding good jobs and recruitment offers.
For fresh graduates, there are a lot of small-scale firms which recruit those computer scientists/engineers and those candidates can gain experience from these sorts of jobs as well as make money by learning new things in the practical world.
As the people gain more and more experienced, the chances of them getting hired in well-renowned firms and companies also increase which means a good salary package and a name of their own.
They can also start their own software house or a business from scratch. There are a lot of different career opportunities for people opting for this career.
The only thing that you should be careful about regarding both the careers it that you should know beforehand what exacting are you getting yourself into. You should make the decision after confirming with yourself if you have the skills which are required in both the careers.
Salary Packages
Chartered Accountants, as they have a bright future in the field and market, it is definite that their chances of landing in a good place are evident. With the increasing demand and job opportunities, Chartered Accountants end up with really good salary packages.’
Average Salary of CA in Pakistan
Also, with the increase in economical activities and the emergence of new career options, annual wage and salary packages for auditors and accountants tend to increase too.
As for Computer Science students, there is a great development of firms and companies and even software houses which employ fresh graduates. So, if you have a computer science degree from a well-reputed institute, there is a high chance you will get employed sooner than you expect.
With the correct and ongoing experiences in the field, salary packages tend to increase and a computer scientist/engineer gets a handsome salary package in Pakistan.
Conclusion
Keeping in view both the fields, right or wrong isn’t an option. The only correct option is to follow your heart and choose wisely because this is a very important decision in your life. You need to consider every perspective, pros, and cons, aspects of the careers and then choose which you find better and think that you can excel in with your intelligence, skills, and hard work.
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