Neethi V. Kannanth
One of the most common questions that students pursuing CA or planning to pursue CA have is "How Much Does a CA Earn?" and "Which Company Pays the Highest Salary to a Young CA?". Let us address both of these questions.
ICAI usually conducts the placement drive twice a year, once in February-March and the other one in August-September. Candidates can know about the timely updates on the campus placement from the official website of ICAI.
As per the official statistics released by ICAI, the average salary of CA in the campus placement, held in Feb-March was Rs 8.40 lakhs per annum. The highest salary package offered was 22.30 lakhs per annum.
Average Placements Salaries Offered to CAs
CAs who have cleared the exam in their first attempt have been offered jobs by multinational companies (MNCs), private banks and national banks. Below is the average salary offered to CAs in the past three years.-
|
CA Final rankers |
Rs 15-25 Lakhs Per Annum |
|
Cleared CA Final in First Attempt |
Rs 11-15 Lakhs Per Annum |
|
CA Fresher |
Rs 6-9 Lakhs Per Annum |
Some of the company-specific salary offered to such CAs are
|
Company |
CA Salary Offered (Rs in lakhs per annum) |
|
SBI Bank |
6 to 17 |
|
Tata Company |
10 to 22 |
|
ITC |
10 to 25 |
|
Hindustan Unilever Ltd |
10 to 36 |
|
ICICI Bank |
11 to 27 |
|
Bharti Airtel |
12 to 22 |
|
Aditya Birla Sun Life |
13 to 28 |
|
Deloitte |
14 to 35 |
|
KPMG |
14 to 32 |
|
Reliance Industries |
25 to 45 |
Highest Salary Package offered for CAs in History in India & Abroad
|
Company |
Package Offered (Rs in lakhs per annum) |
|
Bharti Airtel |
34.5 |
|
Offered in Singapore Company |
52 |
|
Offered in Dubai Company |
56 |
|
CA Fresher in ICAI Campus Interview |
70 |
|
Salary for international posting |
76.32 |
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