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Raman kumar  Garg

Can Cost Accountant work for public sector organizations?

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by Raman kumar Garg
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2 answers

RE: Can Cost Accountant work for public sector organizations?

Vaibhav Bhutra
Vaibhav Bhutra
Verified Career Expert
Career Counselor/ Director at Educomp Vidyamandir Classes
  • Surat

Cost AccountantDear Student,


Greetings of the day!!!

Let me tell you about my self i am a cost accountant and MBA, along with a degree of FRM.

Cost Accountant is a Degree which is renowned for the financial job. Costing is a specialized field and thus in any organisation which has diverse activities and have broad functions would need cost accountant.

Costing is a recognized as a degree and same has been passed by parliaments, moreover government has made lot of sectors and industry mandatory to keep records of Costing.

There are lot of industry in PSU which gives preference to Cost Accountant for their finance job. you would observe in Recruitment Advertisements that lot of PSU offer lucrative salary and growth to CA/CWA/CS

Cost accountant is equipped to handle all the things pertains to finance and thus PSU do provide a preference to CWA/CMA for the Finance job.

Normally PSU have their screening process like lot of other corporate which has to be cleared by any individual who is willing to do get a job. The screening can be minimum percentage or attempts to clear a exam or certain test, once the test is cleared then the interview process would decide the job offer.

Cost Accountant would always get a preference over any other normal degree holder in PSU.

I hope i have made you clear about your question, do write in case of any query in future

Remember you can get entry with a degree but its your hard work which provides you growth

Wish you all the Best!!!!

Rgds


RE: Can Cost Accountant work for public sector organizations?

Jayanta Ghosh
Jayanta Ghosh
Verified Career Expert
Chief Mentor at Waymark Learning Solutions LLP
  • Kolkata


In present scenario , Cost Accountants are not only can work in public sector organisations , they are also in great demand in private enterprises , government sector , banking and finance sector , developmental agencies , education , training and research sector as well as in service and publicutility sector . Because of their quality training , they can hold top management position in public and private sectors enterprises . There is no doubt that a Cost Accountant can attain the highest ladder of professional career . There is a sustained demand of qualified , trained and experienced cost accountants in India and abroad in different industries and Government departments . Many members of the Institute are also engaged in providing professional and cost consultancy services and in teaching cost and management accountancy in Universities and colleges .

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