Highest Paying companies for young CAs

Neethi V. Kannanth | Last updated: 01 November 2021

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Young Chartered Accountants (CAs) often wonder about their earning potential and which companies offer the best salaries. The ICAI conducts placement drives twice a year, with average salaries around Rs 8.40 lakhs per annum and top packages reaching Rs 22.30 lakhs per annum. Companies like Reliance Industries, Deloitte, and ITC are among those offering competitive salaries, with some international postings and historical packages exceeding Rs 50 lakhs.

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.-

Highest Paying Companies for Young CAs in India

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

FAQ :

As per ICAI statistics, the average salary offered in the February-March campus placement was Rs 8.40 lakhs per annum.

The highest salary package offered during the February-March campus placement was Rs 22.30 lakhs per annum.

Companies like SBI Bank, Tata Company, ITC, Hindustan Unilever Ltd, ICICI Bank, Bharti Airtel, Aditya Birla Sun Life, Deloitte, KPMG, and Reliance Industries offer competitive salaries to CAs.

CA Final rankers can expect Rs 15-25 Lakhs Per Annum, those who cleared CA Final in the first attempt can earn Rs 11-15 Lakhs Per Annum, and CA Freshers typically receive Rs 6-9 Lakhs Per Annum.

Yes, historical data shows packages like Rs 34.5 lakhs from Bharti Airtel, Rs 52 lakhs in Singapore, Rs 56 lakhs in Dubai, and even higher for international postings and CA freshers in ICAI campus interviews.