The Institute of Chartered Accountants of India had organised another set of Campus Placements for Newly Qualified Chartered Accountants in the month of Feb-March 2014 for those candidates who had attained the Chartered Accountancy Qualification in the CA Final Results which were announced in the month of Jan 2014.
The Placement Program was conducted at 15 Centres across India and the following are the highlights of the same
1. Highest Chartered Accountant Salary for International Posting was Rs. 20.25 Lakhs p.a. offered by Sharaf Shipping Agency LLC to 2 Candidates at Hyderabad Center and 3 Candidates at Chennai Center.
2. Highest Chartered Accountant Salary for Domestic Posting was Rs. 21 Lakhs p.a. offered to 2 Candidates by Bharti Airtel at New Delhi Center
3. Minimum Chartered Accountant Salary offered by a Corporate was Rs. 3 Lakhs p.a.
4. Avg Chartered Accountant Salary offered was Rs. 7.38 Lakhs p.a. (CTC i.e. Cost to Company)
5. 80 entities comprising of CA Firms & Companies participated in the Campus Program with a total of 136 Interview Panels being formed
6. Total 717 Candidates were offered a Job in the Campus Placement organised by ICAI in the month of Feb-March 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. Attending the Orientation Program was mandatory for all candidates and they were given the option to attend the same at any of the centers across India.
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 | Mar 2014 | Sept 2013 |
No. of Candidates Registered | 2625 | 4150 |
No. of Candidates Shortlisted | 2327 | 2701 |
No. of Interview Teams | 136 | 103 |
No. of Organisations | 80 | 58 |
No. of Jobs Offered | 717 | 624 |
No. of Jobs Accepted | 681 | 580 |
Percentage of Jobs offered vis-a-vis Registered Candidates | 27.31% | 15.07% |
Percentage of Jobs offered vis-a-vis Shortlisted Candidates | 30.81% | 23.10% |
Synopsis of Chartered Accountant Salary
Chartered Accountant Salary | No. of Candidates (Mar 14) | No. of Candidates (Sept 2013) |
9,00,000 & above | 145 | 79 |
7,50,000 to 9,00,000 | 83 | 115 |
6,00,000 to 7,50,000 | 254 | 110 |
5,00,000 to 6,00,000 | 174 | 163 |
4,00,000 to 5,00,000 | 18 | 113 |
3,00,000 to 4,00,000 | 7 | - |
Total | 681 | 580 |
Some of the Top Companies which participated in ICAI Campus Placements
1 Accenture
2 Axis Risk Consulting
3 Barclays Shared Service Private Limited
4 Bharat Petroleum Corporation Limited
5 Bharti Airtel
6 Bosch Limited
7 Credit Suisse Services India Pvt Ltd
8 Flipkart Internet Pvt Ltd
9 Galaxy Surfacants Ltd
10 Gujarat Narmada Valley Fertilizers & Chemicals Ltd
11 Hero MotoCorp Ltd
12 Hindustan Unilever Ltd
13 Honeywell
14 Indiabulls Housing Finance Ltd
15 ITC Limited
16 Jindal Steel & Power Ltd
17 L&T
18 Lanco Infratech
19 LIC Housing Finance Ltd
20 Macquarie Global Services
21 MMTC Ltd
22 Mphasis an HP Company
23 Neyvelli Lignite Corporation Ltd
24 Rashtriya Ispat Nigam Ltd
25 Reliance Industries Ltd
26 Sharaf Shipping Agency LLC
27 Standard Chartered Scope Intl Pvt Ltd
28 Tata Consultancy Services Pvt Ltd
29 The Federal Bank Ltd
30 Torrent Ltd
31 TVS Motor Company Ltd
32 Universal Sampo General Insurance Company Ltd
33 UTI Asset Management Company Pvt Ltd
34 Vodafone India
35 Whirlpool of India
36 Wipro Ltd
2 Axis Risk Consulting
3 Barclays Shared Service Private Limited
4 Bharat Petroleum Corporation Limited
5 Bharti Airtel
6 Bosch Limited
7 Credit Suisse Services India Pvt Ltd
8 Flipkart Internet Pvt Ltd
9 Galaxy Surfacants Ltd
10 Gujarat Narmada Valley Fertilizers & Chemicals Ltd
11 Hero MotoCorp Ltd
12 Hindustan Unilever Ltd
13 Honeywell
14 Indiabulls Housing Finance Ltd
15 ITC Limited
16 Jindal Steel & Power Ltd
17 L&T
18 Lanco Infratech
19 LIC Housing Finance Ltd
20 Macquarie Global Services
21 MMTC Ltd
22 Mphasis an HP Company
23 Neyvelli Lignite Corporation Ltd
24 Rashtriya Ispat Nigam Ltd
25 Reliance Industries Ltd
26 Sharaf Shipping Agency LLC
27 Standard Chartered Scope Intl Pvt Ltd
28 Tata Consultancy Services Pvt Ltd
29 The Federal Bank Ltd
30 Torrent Ltd
31 TVS Motor Company Ltd
32 Universal Sampo General Insurance Company Ltd
33 UTI Asset Management Company Pvt Ltd
34 Vodafone India
35 Whirlpool of India
36 Wipro Ltd
Top CTC Offered for Domestic Posting
Company Name | Jobs Offered | Chartered Accountant Salary (CTC p.a.) |
Bharti Airtel | 2 | 21,00,000 |
Hindustan Unilever Limited | 1 | 20,00,032 |
ITC Limited | 1 | 17,00,000 |
Flipkart Internet Pvt Ltd | 12 | 15,00,000 |
Trident Limited | 8 | 15,00,000 |
ITC Limited | 9 | 14,00,000 |
The Next Campus Placement Program for Chartered Accountants would be held in the month of Aug-Sept 2014 after the Announcement of May 2014 Attempt Results which are expected to be announced in the last week of July.
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