Hyderabad: Offering Huge Scope for a Career in Chartered Accountancy


Source: cachronicle.com

With a total metropolitan area population of 11.4 million, Hyderabad has become the 4th most populous city of India. Not only in terms of population, Hyderabad has also grown in terms of economic growth, job opportunities, infrastructural development, and so on. This city is one of the most popular cities in India that represents a perfect blend of modern India and traditional culture. According to the reports of US-based Brookings Institution, the per capita income in Hyderabad has grown by 5.2 % in 2009-2014 as compared to 4.8 % in Bangalore.

Over the years, Hyderabad has emerged as the India's most important economic hubs, with a noticeable growth in industries such as the automobile, textile, pharmaceuticals and many more. This has also augmented the number of jobs in this city for a large number of job aspirants. In this article, a focus is given to the career prospects for chartered accountants in Hyderabad.

Chartered accountancy is considered as one of the oldest and most prestigious field in India. The accountants in this field are generally the professional people who work in the field of business and finance. These professionals play a strategic role in an organization by providing useful advice with an intent to maximize the profitability. Their job usually encompasses areas such as audits, taxation, company law, general management of companies, financial accounting and so on.

In Hyderabad, Indian Institute Of Business Management & Studies and Seth Ghasiram Gopikishan Badruka Educational Institute are some of the popular institutes offering courses in chartered accountancy. A course in chartered accountancy will not only augment your chances in terms of the immediate job but also opens the doors for other career options. These alternate options include:
  • Project Finance Manager
  • Equity and Fixed Income Settlements Specialists
  • Commercial Finance Manager
  • Compliance Officer
  • Corporate Banking Trade Analyst
  • Business Analyst
  • Market Risk Analyst
  • Consumer Banking Asset Operation Manager
  • Financial Planner, etc.
Even the salaries offered in this profession are highly attractive. In India, the average salary offered to these professional is in the range of INR 5, 50, 000 to INR 6, 50, 000 per year. In Hyderabad, it is around 6,97,596 per year.

To date, many big and small companies and government organizations have taken up offices in Hyderabad. These companies will definitely require chartered accountants to evaluate various activities related to finance. Therefore, candidates who are looking for charteredaccountants jobs in Hyderabad can find a large number of opportunities waiting for them across industries. 



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