The growing demand of Chartered Accountants (CAs) is creating enormous opportunities for newly qualified CAs. Recently, the Institute of Chartered Accountants of India (ICAI) has broken its own record in placing its certificate holders. One of the candidates holding certificate has been hired on an annual salary of 16 lakh. In the previous year, the highest salary package offered to a candidate was around 15.7 lakh per annum.
National Convention of CA Students
As per the recent news published in one of the India's leading newspaper, a two-day National Convention of CA Students was conducted in Vijayawada. This convention was inaugurated by the ICAI's vice-president M. Devaraja Reddy. Several top administrators of the ICAI took part in this program and shared their knowledge and views on the rapidly growing profession of CA and how students can prepare for various challenges in CA field. A great focus was given to the articleship training, according to the experts, one must make the best use of articleship training for creating a strong foundation in his/her CA career.
There are enormous opportunities present in the current era for chartered accountants. Numerous jobs for chartered accountants are awaiting for candidates not only in India but in abroad as well. In order to take advantage of these opportunities, you should have an updated knowledge of the latest developments around you. In addition, to be a successful professional, you must have expertise in your subjects. As a matter of fact, communication skills are vital and should be given due priority, in order to achieve the best results, one must follow the ICAI's publications. Moreover, it is also necessary to learn the significance of practice of chartered accountancy.
Campus placement program organized by ICAI
A campus program for newly qualified chartered accountants is organized twice a year by ICAI. Through this placement program in the year 2014, different companies have recruited over 950 chartered accountants with an average annual salary package of around INR 7.28 lakh. This data is undoubtedly an indication of the rising demand for accountancy professionals. This placement program was conducted across 19 cities in the month of August-October 2014.
Different companies participated in this placement program include ICICI Prudential Life Insurance, Reliance Industries, Jindal Steel and Power, Wipro, Tata Consultancy Services, Coca-Cola India, Federal Bank, GAIL India, Bharat Petroleum Corporation, ITC, and more. This highest salary package offered during this program was INR 17 lakh per annum for domestic placement and INR 24 lakh per annum for an international placement.
Conclusion:
In the current era, every company needs a chartered accountant who can assist business and industry to enhance the use of their resources and increase their efficiency by achieving the desired goals. Accountancy is definitely the most significant segment of the rapidly flourishing economy of India. Todays, CAs are in great demand not only in sectors such as financial services, banking, and manufacturing but also in IT, Infrastructure and retail, telecoms and various other new generation industries. If you are interested in this profession and have the ability to stand in the tough competition, then just go ahead and make the best move towards this lucrative career.
As per the recent news published in one of the India's leading newspaper, a two-day National Convention of CA Students was conducted in Vijayawada. This convention was inaugurated by the ICAI's vice-president M. Devaraja Reddy. Several top administrators of the ICAI took part in this program and shared their knowledge and views on the rapidly growing profession of CA and how students can prepare for various challenges in CA field. A great focus was given to the articleship training, according to the experts, one must make the best use of articleship training for creating a strong foundation in his/her CA career.
There are enormous opportunities present in the current era for chartered accountants. Numerous jobs for chartered accountants are awaiting for candidates not only in India but in abroad as well. In order to take advantage of these opportunities, you should have an updated knowledge of the latest developments around you. In addition, to be a successful professional, you must have expertise in your subjects. As a matter of fact, communication skills are vital and should be given due priority, in order to achieve the best results, one must follow the ICAI's publications. Moreover, it is also necessary to learn the significance of practice of chartered accountancy.
Campus placement program organized by ICAI
A campus program for newly qualified chartered accountants is organized twice a year by ICAI. Through this placement program in the year 2014, different companies have recruited over 950 chartered accountants with an average annual salary package of around INR 7.28 lakh. This data is undoubtedly an indication of the rising demand for accountancy professionals. This placement program was conducted across 19 cities in the month of August-October 2014.
Different companies participated in this placement program include ICICI Prudential Life Insurance, Reliance Industries, Jindal Steel and Power, Wipro, Tata Consultancy Services, Coca-Cola India, Federal Bank, GAIL India, Bharat Petroleum Corporation, ITC, and more. This highest salary package offered during this program was INR 17 lakh per annum for domestic placement and INR 24 lakh per annum for an international placement.
Conclusion:
In the current era, every company needs a chartered accountant who can assist business and industry to enhance the use of their resources and increase their efficiency by achieving the desired goals. Accountancy is definitely the most significant segment of the rapidly flourishing economy of India. Todays, CAs are in great demand not only in sectors such as financial services, banking, and manufacturing but also in IT, Infrastructure and retail, telecoms and various other new generation industries. If you are interested in this profession and have the ability to stand in the tough competition, then just go ahead and make the best move towards this lucrative career.
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