CA's in Demand, Initial pay package for newly qualified CA's Rs. 6 to 7 Lakh - ICAI Vice President
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Referring to placements for CAs, K. Raghu the newly elected Vice-President of the ICAI said there has been campus recruitment across 22 locations in 350 colleges where newly qualified CAs are offered a initial pay packet in the range of Rs 6 to 7 lakhs.
Qualified CAs not only get good placements in India but also find employment in Gulf like Muscat, Kuwait and earn three times the salary there. Unlike other areas, it is quite cheaper to complete CA, he added.
Raghu was in Hyderabad to inaugurate a seminar on bank audit organised by the Hyderabad branch of the Southern India Regional Council of the ICAI. About 600 CAs haven taken part in the event, said Dayakar Gelli, Chairman of the Hyderabad Branch.
Referring to delays in implementation of the International Financial Reporting Standards, Raghu said preparedness was needed for the industry as well as professionals.
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Comments
CA. Jain
07-Mar-2013 , 11:43:12 amIts unfortunate..that avg package are cal only of campus(in which max 10% placed).If all unemployed and underenployed take into account, then it will definitely less than 2 lakhs p.a
Anuj Gupta
08-Mar-2013 , 12:13:00 pmRespected President, Its so embarrassing after completion of this prestigious profession. If u look outside the campus, u will see the ground reality what our newly qualified professionals are earning. I can give u endless examples of young brigade seeking jobs for more than a year. very sorry for the current situation we are facing.
Anuj Gupta
08-Mar-2013 , 12:13:59 pm6-7 is royal life for the new brigade, they are not even getting 20k per month
BIJAY SHAW
08-Mar-2013 , 12:24:28 pmBIJAY SHAW
08-Mar-2013 , 12:30:52 pmits very surprising that our President commented only campus placement what about the package of those who took job out of campus and those who are still unemployed.currently CA professional are not even getting proper respect and job profile..