Quote:
Originally Posted by squiggs96
I was hired as a controller of a real estate development and capital company. My boss is a CA and his boss is a CA. There is no chance they would have hired a CGA who graduated school the same time as I did. If I wasn't available, they would have hired a different CA.
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CA is generally the better designation. But once you are in the industry, the differences aren't that apparent. I've seen CMA/CGA in a big company making $150K as an analyst plus bonus and perks. And I've seen CAs doing contract work for very little. It's all over the map, CAs have some theoretical advantages over CMA/CGA for sure. But in reality, the differences aren't as material as you might think.
Marvin Romanow was the CFO of Nexen two years ago, and he is what? An engineer without a CA or even CMA/CGA.
The truth is people are much better educated nowadays and luster of the letters, be it CA/CFA/CMA and some such don't count for much nowadays.