Greetings, 

Abhijith ICWA which is INSTITUTE OF COST AND WORKS ACCOUNTANTS OF INDIA ( ICWAI) is more better in my opinion as the applicants have various choices in this path as compared to CA ( CHARTERED ACCOUNTANT ) and CS ( COMPANY SECRETARY ) as he/ she can also pursue his/ her career as COST AND MANAGEMENT ACCOUNTANT .

Moreover , the aspirant can also enter the field of management and can hold managerial positions in various public as well as private sectors except being a COST AND MANGEMENT ACCOUNTANT . 

He / she can also hold postions as a credit officers , managers and chief accountant in reputed bank with a good packages between 2 , 00, 000 - 7 , 00, 000 per annum . 

He / she can work in SECURITIES EXCHANGE BOARD OF INDIA ( SEBI ) as an INTERNAL AUDITOR . 

Various govermental institutions also demand the service of INTERNAL AUDITORS . NATIONAL STEEL , AGRO INDUSTRIES LIMITED are some of them offering salary upto

6 , 00,000 per annum . 

ICWA (INSTITUTE OF COST ACCOUNTANTS OF INDIA ) is better than CA ( CHARTERED ACCOUNTANT ) because ICWA is approved by ASSOCIATION OF INDIAN UNIVERSITIES which would help in pursuing Ph.D course in associate subjects or Commerce right after completing your course .

Whereas if you do C .A . you become a member of INSTITUTE OF CHARTED ACCOUNTANTS OF INDIA ( ICAI ) which creates a problem when you plan on pursuing career in C. A. abroad ( UNITED STATES in general ) which does not accept INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA  scores . 

Moreover it is better to do a course where you have various field open to you . 

I hope this might have helped you. For further queries do drop a comment .