The Institute of Chartered Accountants of India had organised another set of Campus Placements for Newly Qualified Chartered Accountants in the month of Sept-Oct 2014 for those candidates who had attained the Chartered Accountancy Qualification in the CA Final Results which were announced in the month of July 2014.
The Placement Program was conducted at 19 Centres across India and the following are the highlights of the same
- Highest Chartered Accountant Salary for International Posting was Rs. 24 Lakhs p.a. offered by Alghanim Industries to 4 Candidates at New Delhi Center.
- Highest Chartered Accountant Salary for Domestic Posting was Rs. 17 Lakhs p.a. offered by ITC at New Delhi Center.
- Minimum Chartered Accountant Salary offered by a Corporate was Rs. 3 Lakhs p.a.
- Avg Chartered Accountant Salary offered was Rs. 7.29 Lakhs p.a. (CTC i.e. Cost to Company).
- 86 entities comprising of CA Firms & Companies participated in the Campus Program with a total of 154 Interview Panels being formed.
- Total 1019 Candidates were offered a Job in the Campus Placement organised by ICAI in the month of Sept-Oct 2014.
Chartered Accountants were 2 chances of appearing for the campus interviews – first in the bigger cities and if they were not successful in getting recruited at the bigger cities, then they were offered another chance to appear for Campus Placements in the smaller cities. ICAI had also organised an Orientation Program for grooming the soft-skills of all the Candidates.
All the Candidates were also provided e-learning opportunity on 2 topics namely Business Etiquette – Gaining that Extra Edge and Mastering the Interview.
Brief Synopsis of the Chartered Accountant Salary being awarded in the Campus Program
|Particulars||Oct 2014||Mar 2014||Sept 2013|
|No. of Candidates Registered||4809||2625||4150|
|No. of Candidates Shortlisted||4208||2327||2701|
|No. of Interview Teams||154||136||103|
|No. of Organisations||86||80||58|
|No. of Jobs Offered||1019||717||624|
|No. of Jobs Accepted||953||681||580|
|Percentage of Jobs offered vis-a-vis Registered Candidates||21.19%||27.31%||15.07%|
|Percentage of Jobs offered vis-a-vis Shortlisted Candidates||24.22%||30.81%||23.10%|
Synopsis of Chartered Accountant Salary
|Chartered Accountant Salary||No. of Candidates (Oct 14)||No. of Candidates (Mar 14)||No. of Candidates (Sept 2013)|
|9,00,000 & above||201||145||79|
|7,50,000 to 9,00,000||135||83||115|
|6,00,000 to 7,50,000||337||254||110|
|5,00,000 to 6,00,000||246||174||163|
|4,00,000 to 5,00,000||21||18||113|
|3,00,000 to 4,00,000||13||7||-|
Top CTC Offered for Domestic Posting
|Company Name||Jobs Offered||Chartered Accountant Salary (CTC p.a.)|
|Coca Cola India Inc||6||15,00,000|
Some of the Top Companies which participated in ICAI Campus Placements
|S. No.||Company Name|
|1||ABNL – Apparel and Retail Business|
|3||Axis Bank Ltd|
|4||Axis Risk Consulting|
|5||Back Office Shared Services (I) Pvt Ltd|
|6||Barclays Shared Services Pvt Ltd|
|7||Bharat Petroleum Corporation Ltd|
|8||Bharti Infratel Ltd|
|9||Birla Sunlife Insurance Co|
|11||Cairn India Ltd|
|13||Carborundum Universal Ltd|
|14||Caterpillar India Pvt Ltd|
|15||Christy Group of Companies|
|16||Coca Cola India Inc|
|17||Cognizant Technologies Services Pvt Ltd|
|18||Credit Suisse Services India Pvt Ltd|
|19||Engineers India Ltd|
|20||Evolutionary Systems Pvt Ltd|
|21||GAIL (India) Ltd|
|22||Galaxy Surfactants Ltd|
|24||Genpact AIG Ltd|
|25||HLL Lifecare Ltd|
|26||ICICI Prudential Life Insurance|
|27||Indraprastha Gas Limited (IGL)|
|29||Jindal Steel and Power Limited|
|30||JSW Steel Limited|
|31||Kalpataru Power Transmission Ltd|
|33||LIC Housing Finance Ltd|
|34||Macquarie Global Services|
|35||Madura Fashion & Lifestyle|
|36||Marriot Hotels India Pvt Ltd|
|37||Mphasis (An HP Company)|
|39||PNB Guilts Ltd|
|41||Ramco Systems Ltd|
|42||Rashtriya Ispat Nigam Ltd|
|43||Reliance Industries Ltd|
|47||Tata Consultancy Services Ltd|
|48||Tata Teleservices Ltd|
|49||The Federal Bank Limited|
|50||The Indian Hotels Company Limited|
|52||Universal Sompo General Insurance|
|53||Vedanta Resources Plc|
The Next Campus Placement Program for Chartered Accountants would be held in the month of Mar-April 2015 after the Announcement of Nov 2014 Attempt Results which are expected to be announced in the third week of January.