Monday, October 04, 2010

1300 Newly Passed Out Chartered Accountants Offered Jobs

The Institute of Chartered Accountants of India (ICAI) is a statutory body that is established for the regulation of profession of Chartered Accountants in India. ICAI is a premier accounting body and contributes in the field of education, professional development and maintains high cost accounting, auditing and ethical standards. ICAI is regarded as the second largest accounting body in the whole world.

The Committee for Members in Industry (CMII) of this institute is responsible for the organization of campus placement programme for the freshers. This is done twice a year. The potential employers are also given opportunity to interact with the newly passed out Chartered Accountants. All these arrangements are made by CMII. This is done to provide a cost effective mode of recruiting newly qualified professionals in the field.

This year’s placement programme was also conducted in the months of August-September, 2010 successfully across 16 cities in the country in different phases.The cities were Ahmedabad, Bangalore, Bhubaneswar, Chennai, Coimbatore, Ernakulam, Hyderabad, Indore, Jaipur, Kanpur, Kolkata, Ludhiana, Mumbai, Nagpur, New Delhi and Pune

There were 55 interview teams which represented 87 companies who sought chartered accountants for jobs. Lucrative offers were made to the Chartered Accountants and more than 1300 candidates got job offers.  

Manufacturing organizations, Public Sector Undertakings, Banks, Software, Consultancy, financial services, etc. took part in this mega event. Recruiting companies were from India as well as abroad.

Tolaram Corporation Pvt. Ltd offered a package of 21 lacs to 3 candidates for international posting. Rs. 15 lacs per annum were offered for a domestic posting by Abhishek Industries. Britania, ITC and Bharat Petroleum Corpoartion Ltd. offered the salary of more than Rs. 10 lacs per annum to newly passed out Chartered Accountants. The minimum salary that was offered was Rs. 3.25 lacs per annum. 

More and more students all over the country and the big companies are now taking part in these placement programmes. Candidates are very satisfied with the placement programme. The ICAI is constantly working hard to develop its professionals to acquire the skills that an emerging economy always needs.

Source: ICAI press release

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