Chartered Accountant Salary – Placement Mar 2017

The Committee for Professional Accountants in Business & Industry (CPABI) of ICAI has since long been organizing Campus Placement Programmes for Newly Qualified Chartered Accountants twice a year and is committed to provide world class placement services to those talents in various corporations and business houses.

In its endeavor to provide quality Accounting, Finance, Tax, Audit and Management Consultancy personnel to recruiting entities, the Committee has successfully organised one more round of Campus Placement Programme for the Newly Qualified Chartered Accountants at twenty one (9 bigger and 12 smaller) centres viz. Ahmedabad, Bangalore, Baroda, Bhubaneswar, Chandigarh, Chennai, Coimbatore, Durgapur, Ernakulam, Hyderabad, Indore, Jaipur, Kanpur, Kolkata, Mumbai, Nagpur, Navi Mumbai, New Delhi, Pune, Thane and Vasai in February-March, 2017.

 

Snapshot of the Campus Placement Programme held in February-March, 2017 stood as follows:

Particulars

Campus February-March, 2017

Number of Candidates Registered

4261

Number of Candidates Shortlisted

4081

No. of candidates finally appeared for the interview

3398

Total no. of companies participated

118

Number of Interview Teams formed by the participating companies

199

Number of Jobs Offered by the participating companies

1267

Number of Jobs Accepted by the candidates

1205

Highest salary (cost to company) offered for domestic posting

Rs. 21.00 Lakh (Per Annum)

Highest salary (cost to company) offered for International posting

Rs. 43.00 Lakh (Per Annum)

Average salary (cost to company)

Rs. 8.50 Lakh (Per Annum)

Percentage of placement (job offered/ candidates appeared)

37.29%


Grouping of Salary Structure offered to candidates

Salary Range (per annum)

Number of Candidates

Rs. 9,00,000 and above

351

Rs. 7,50,000 to Rs. 9,00,000

317

Rs. 6,00,000 to Rs. 7,50,000

423

Rs. 5,00,000 to Rs. 6,00,000

85

Rs. 4,00,000 to Rs. 5,00,000

27

Rs. Below 4,00,000

2

Total

1205

Salient features

  1. Candidates are eligible to take part interview in two centres, one smaller and another bigger; in the event of being selected in a smaller centre, he/she is not allowed to participate in interviews held at bigger centres, subsequently.
  2. The committee, as a matter of routine practice, organises Orientation Programme (mandatory now) for candidates so as to sharpen the soft skills of candidates and to provide them technical updates. Currently, it was held in all the 22 centres, including Ludhiana.

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