MBA has definitely more scope as evident in increased demand of MBA graduates in companies. As companies increasingly globalize and face competition, they need people who have good understanding of overall business rather than just accounting and finance in CA course. Therefore, MBA is recommended over CA keeping in mind holistic perspective about business and future demand.
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Well there is no limit to a person who is a CA with an MBA. now going with the tyranny of the"OR", i think both are equally good. CA has a lot to do entirely with finance. IT will give you opportunities in the finanacial markets sector and other related domains. MBA is a very versatile course giving a candidate opportunities is a very diverse environment. MBA from a good university will cover a lot of topics which are taught in the CA course.
it is your personal choice as to what do you want to do.. it you enjoy numbers and finance, you may either want to choose from MBA finance or CA