Prakash Ahuja (Tax Manager) (84 Points)
05 July 2012Dear Professional colleagues,
I have been informed by one of my friends that job market in finance is going very bad for CA's these days, & normally freshers are not preferred. Is this true? Kindly answer at the earliest as having keen interest in finance.
Nagarajan DK
(CA)
(103 Points)
Replied 05 July 2012
You are right Prakash. For CA's there is a opportunity to practise only. Job market getting down.
Aditi Iyer
(Direct Tax Consultant)
(61 Points)
Replied 05 July 2012
There are no jobs in the market. You'll find a job only if you know the right people and they are ready to vouch for you!
Neelam Prakash Sharma
(Company secretary)
(43 Points)
Replied 05 July 2012
prakash market is very bad for CA's institute is responsible for this because of no quality material in the market because of which all CA faternity is facing bad name for CA's.
Jatin Singh Negi
(Country Analyst )
(505 Points)
Replied 05 July 2012
Its a big NO..
Conditions aren't so bad as much as others are saying..
I take a strong exception to it..
The reality is Jobs are less but not NIL.
Salary is also low and bit compromising..
Actually CA's are more and quality CA's are less...
Have patience and keep updating your knowledge and communication skills, victory will be yours
Good Luck to all :))
Aditi Iyer
(Direct Tax Consultant)
(61 Points)
Replied 05 July 2012
Dear Jatinji,
If u say that there is a lack of quality CAs around how would you justify first attempt CAs sitting at home without any Jobs for 8months?
Neelam Prakash Sharma
(Company secretary)
(43 Points)
Replied 05 July 2012
its not that first attempter qualifier LAO POSSES KNOWLEDGE OF IMPLEMENTAION WHAT THEY HAVE STUDIED IT IS BASICALLY MORE OF MATURITY AND UNDERSTANDING THE CONCEPTS WHICH ONE HAVE READ
Aditi Iyer
(Direct Tax Consultant)
(61 Points)
Replied 05 July 2012
I oppose that too.I can vouch that they are sufficiently intelligent to warrant a job
Neelam Prakash Sharma
(Company secretary)
(43 Points)
Replied 05 July 2012
Miss aditi till date how many inetrviews have you faced when a person gives a certain amount he expects the basic understanding of the subject which todays generation is lacking because of spoon feeding by the coaching centres which is eroding the ability of students to apply their brain. and its because of this when twisted questions are asked in interviews they appear blank.
ultimately a disrepute goes to the instiute the kind of product it is delivering in the market. i also give u one more example in my company a fresh chartered accountant is not able to place a entry related to purchase bill.
Jatin Singh Negi
(Country Analyst )
(505 Points)
Replied 05 July 2012
| Originally posted by : Aditi Iyer | ||
 |
Dear Jatinji, If u say that there is a lack of quality CAs around how would you justify first attempt CAs sitting at home without any Jobs for 8months? |
 |
I think if there is any CA who passed in one attempt and sitting idle at home then I would say there are following reasons for it :
1. The person is not applying or searching for the job as aggresively as one should.(Though the chances are less that this is happening)
2. The person must be a 100%dummy.
3. Having 0% practical exposure.
4.Etc ETc.
Its not a sarcastic comment, its the reality which I am also facing .
bhavik mehta
(C.A.)
(526 Points)
Replied 05 July 2012
i think, we put infront of ICAI the picture of placement, thatthey arrange, its shows very worst view...
, & those who get CA in first attempt even they are also jobless. , now...
Neelam Prakash Sharma
(Company secretary)
(43 Points)
Replied 05 July 2012
Mr. Bhavik before accepting salary one should concentarte on knowledge enhancement
bhavik mehta
(C.A.)
(526 Points)
Replied 05 July 2012
yes, neelamji , agree with you...
but we are not suppose to ask for the compromise of pay, when we are providing quality work..
ACMA.Manish Sarawgi
(Assistant Manager (F&A))
(109 Points)
Replied 05 July 2012
The CA's institute is responsible for this due to highly pass % of CA examination.
The pass % of Final is around 16% and in IPCC is around 22%.This is totally unbelievable.
When My brother was doing CA about 15 years ago, that time pass % was only 1.
Even in my co for Accounts department Cost Accountants are prefer rather than Chartered Accounatnts.
But i still believe one can better than CA for Accounts & Finanace jobs.
UMESH AHIR
(Part Time Accounting Job Seeker)
(41 Points)
Replied 05 July 2012
Dear sirs & seniors,
i'm thinking to make my carrier in finance field but due to extention of my ca final attempt i've joined the auditing firm so that i could get my firest attempt of ca final on time,
is there any firm of ca which is angaged in finance n have a vacancy of article, if yes then please inform me as soon as possible,
i'll wait 4 your helpful reply.
CAclubindia
