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Deloitte or IOCL Job

07 April 2009

Hey Guys could anybdy tell me that wic one is better IOCL or Deloitte to work with.......pls answer this i really need help !!!!!!!

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10 Replies

Jayesh Jagetiya (Chartered Accountant) (635 Points)
Replied 07 April 2009

In my openion IOCL is the better option.

viveksnvijayvargia (50 Points)
Replied 07 April 2009

thx a lot bro but could u tell me the base of such thinking if u can.........

Jeet Biswas (ACMA (in Service)) (5073 Points)
Replied 07 April 2009

IOCL is the highest ranked Indian Co. to be listed in the Fortune500 Rankings...

It belongs to the evergreen Oil & Gas Industry

The job will be recession free, I.e an IOCL (or any Navratna PSU) employee doesn't worry abt pink slip during all his career.

the above points are in favour of IOCL.......u can evaluate it with Deloitte & make ur decision...

P.S the money will be lesser than Deloitte, but the benefits more than compensate for the same....However, if u are passionate abt the Audit profession, forensic a/c, risk advisory etc...then Deloitte is for u....

1 Like

viveksnvijayvargia (50 Points)
Replied 08 April 2009

thanks JEET for ur this valuable information .........

AMITA KOCHER (ASSISTANT MANAGER - FINANCE) (282 Points)
Replied 08 April 2009

I Think you should go for IOCL

Jeet Biswas (ACMA (in Service)) (5073 Points)
Replied 08 April 2009

u r welcome vivek

Nitesh (service) (136 Points)
Replied 09 April 2009

Dear Vivek,

IOCL IS PUBLIC SECTOR ENTERPRISES.HERE DECISIONS ARE HIGHLY CENTRALISED AND ACTIONS ARE VERY LATE. THEY RAMP UP THIER OPERATIOSN VERY SLOW. THEY TOOK NEALRY 3 YEARS TO INCREASE THE BUSINESS THROUGH ROYALTY SYSTEMS. IOCL ALOS ENSURES THAT MOST OF THE EXPENSES ARE PUSHED TO THEIR VENDORS AND USUALLY THEY HAVE POOR RELATION WITH THEIR VENDORS.

MOREOVER THEY HAVE CULTURE OF ENTERING ANY BUSINESS RELATION THROUGH TENDER. THIS TAKES TOLL OF VENDOR PARTICULARY FROM PRIVATE SECTOR.

DELOITESS ON THE OTHER HAND IS MUCH BETTER AND HAVE OFFICES ON ALL PARTS OF WORLD.GROWTH DEFINATELY IS GOOD AND U WILL BE HAVING MORE DECISION MAKING AUTHORITY.

RGDS./NITESH

Jeet Biswas (ACMA (in Service)) (5073 Points)
Replied 09 April 2009

Dont worry abt the Vendors.....whatever relations iocl has with its vendors, in spite of that every time a tender is floated, every vendor struggles to be associated with iocl.

You shud consider it at the personal front....that what r ur expectations & aspirations.....