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Discussion > Students >

The Future Scope for Chartered Accountancy

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[ Scorecard : 223]
Posted On 06 April 2009 at 22:39 Report Abuse

  • Owing to recent economic reforms in the country, companies in the financial services sector are turning prominent employers of newly-qualified CAs. The demand is especially high in the banking and insurance sectors.
  • With global financial practices getting increasingly complex, CAs with expertise in financial administration, capital markets, and international financial regulations will have major career opportunities coming their way, especially in Wealth Management and Investment Banking.
  • CAs with high-level strategic thinking and management skills could stream into Strategic Management and rise to the top echelons of an organization.

Current Pay-packages for CAs*

Packages offered on Campus:
Year 2006: Highest salary offered to a CA rank-holder: Rs. 15 Lakhs per annum
Year 2007: Highest salary offered to a CA rank-holder: Rs. 27 Lakhs per annum

Online classes for CA CS CMA

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[ Scorecard : 605]
Posted On 06 April 2009 at 23:34

nice job


[ Scorecard : 1268]
Posted On 06 April 2009 at 23:47

Hey, it is affecting CA's.... look at the placement figures for 2008.... Worse then ever....

pcc student

[ Scorecard : 571]
Posted On 07 April 2009 at 13:35

hey ankit... wat abt next years

Krunal Raichura
Financial Advisory

[ Scorecard : 2134]
Posted On 07 April 2009 at 15:59

I think we shouldn't take those figures seriously.

Even in recession times, you may come across, some CA or IIM guys getting a crore,  but then these people are not freshers, nor are these jobs in India. These guys have work ex, they have left good jobs and position and taken up this education. it is obvious for some people to get very high paying offers.

At the level of freshers, things are very bad across professions. Thats one reason the average even at IIMA is approx only 13 lakhs. And on the other hand we also hear that some from IIM got 60 lakh domestic package. But then we have 4-5 ppl who must be already having 5-10 years of work ex and then going for an MBA, but the rest must have joined far below 13 lakhs and thats why we got this average at 13 lakhs.

Even in CA, there are people who have cleared CS, CWA and even law before clearing CA final. If they go to the campus, it is likely that they may get more than average. I have even come across people who have finished foundationa and inter and articleship 6-7 years back. They had left the course that time and taken up a job. And now a few of them cleared CA final and they have got a far better package than anyone on our campus.

Sumit Jain

[ Scorecard : 4755]
Posted On 07 April 2009 at 20:35

ya it is affecting job oppertunites for CA

but every section is affected


[ Scorecard : 223]
Posted On 07 April 2009 at 22:29

ya u r right sumit

Santhosh Poojary

[ Scorecard : 15582]
Posted On 08 April 2009 at 13:22


Shrikant Gouda

[ Scorecard : 29]
Posted On 13 August 2013 at 23:20

Wat about nw ? Is there any scope after 4year ?

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