Campus placement at ICAI

The 49th campus placement programme organised by the Institute of Chartered Accountants of India (ICAI) concluded recently  on successful note. With  increasing regulatory scrutiny and governance standards, the demand for chartered accountants (CAs) to help navigate business is at an all-time high, data from placement records of the Institute of Chartered Accountants of India (ICAI) showed.

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A total of 3,180 job offers were made to the 6,646 qualified CAs who opted to take part in the placement cycle of ICAI in February-March 2019, up from 1,473 offers received by CAs during 2018. 

Industry stalwarts such as, Reliance Industries, TCS, ONGC, ITC, Amazon India, Bharti Airtel, Cipla Ltd., Accenture, Alstom are some of the most notable recruiters at this placement programme. ICAI said there was high demand for CAs from the banking sector too.

Commenting on this Prafulla P. Chahjed, President, ICAI said, “This placement programme has attracted the highest-ever participation from recruiters offering highest number of positions since the inception of the Institute. Education and training at ICAI will ensure that its newly-qualified Chartered Accountant professionals have the critical rudimentary sense equipped with a sceptical approach.”

Out of the 3,180 CAs who accepted job offers, 730 candidates received salary packages of over Rs 9 lakh a year, and 55 per cent landed offers in an annual pay bracket of Rs 7.5-9 lakh. 

The highest salary offered for a domestic position is Rs 22.50 lakh (per annum) and for an international position is Rs 36 lakh (per annum).  — TNS