EDUCATION
Need help with your career issues? Student mentor Viral Doshi will assist you in charting out a perfect career.
I am a class X student and want to make a career in banking and finance. People have suggested that I give CPT and become a CA but I don’t know what role a CA plays in a bank. Post appearing for CPT what should I do to pursue a CA?
—Gayatri Bagwe
A CA is a professional qualification making you eligible to work in most divisions of a bank. CA will provide you a solid foundation and an entry point for banking. In a bank, a CA typically works in loan disbursements, analysing and determining eligibility for loans, treasury functions, audit and accounting divisions, foreign exchange, debt and equity trading and in the merchant banking division doing mergers and acquisitions and helping with IPOs. Post CPT, you will need to study for your IPCC exam which you will do after one year of CPT. Subsequently, after clearing your IPCC you will need to do three years of articles and then appear for your final CA. The CA institute now allows you to substitute the three years of articles with one year of industrial training and two years of articles. Thus, if you are interested in looking to work for a bank doing one year of industrial training at a bank would prove useful.
I am currently in FYBA and my subjects are economics, history and psychology. I am learning German for the last two years. What is the scope for pursuing a career as an interpreter?
—Henry Hill
German is a useful language to learn, but to make a full time career as interpreter will not be easy. Openings for German interpreters would typically be at political and economic conferences, trade shows, exhibitions or as guides at tourist centers. To start a career as an interpreter, people typically begin by doing informal or voluntary work, then tie up with agencies that provide freelance work, where they are paid on an hourly basis. Interpreters supplement their earnings by teaching the language at school-level and also by giving private tuitions. However, as most Germans today speak good to fluent English, the demand for German interpreters would be limited. I would recommend that you consider using your language skills to work for companies having business with Germany or international trade bodies, or German multinationals and banks.
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