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Average pay for a CA?

CA.CS. Y.H.RAGHAVENDRA (CA) (32 Points)

08 March 2012

Dear Members,

I am a Recently Qualified Chartered Accountant searching for Job in Bangalore,

Please inform wats the current pay we can expect?

Is it reasonable to expect a pay of Rs.35000 in the present Job market?

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19 Replies

CA Ketan Kothari (Associate Consultant) (86 Points)
Replied 08 March 2012

Hi,

Considering the current scenarion 3500 Cash in hand is really fine enough.

Average will range between 32-38 k P.m

Regards

Ketan Kothari

Sachin Gupta (CFO) (21 Points)
Replied 08 March 2012

Depends upon which industry and what type of job you have selected.....But if you refer industry standards and my experience in corporate world for last 14 years...this amount is less.....You can look for a minimum package of Rs. 5 lacs to start with and can go upto 8 lacs based on your potential to negotiate.

Sachin

M. N. JHA (CA) (8316 Points)
Replied 08 March 2012

25k to . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .no limit

CA Himanshu Bansal (Risk Manager) (2345 Points)
Replied 08 March 2012

Can even start @ 17-20 K pm, ..no level for higher side !

Jitendra Vyas (Commercial Officer) (178 Points)
Replied 09 March 2012

there are no minimum and maximum limit it is depend upon demand and supply. and also depend upon your quality.

Ashish Pillai (ACA CMA(Grad) CS (Licentiate)) (79 Points)
Replied 09 March 2012

Should expect more!!

Sushant Lohani (CHARTERED ACCOUNTANT) (1051 Points)
Replied 09 March 2012

Refer to the following links:

/forum/difference-in-placement-btw-llb-and-ca-2012-sad-for-cas-193287.asp

/forum/shocking-video-from-ca-campus-placements-2012-sad-193183.asp

/forum/details.asp?mod_id=191916&offset=1

CA Vignesh Subbaraman (Service) (50 Points)
Replied 09 March 2012

Me too getting the same in a CA firm

CA Vishal (CA working in industry) (620 Points)
Replied 10 March 2012

35K is correct considering present market condition

harsh (dreamer, doer.) (87 Points)
Replied 10 March 2012

25 grand for a qualified ca.. are you kidding me..dont join unless you are paid anything more than 50grand per month..remember if you start with a lower pay your hikes will also will be low..deloitte plays 20 grand for internship students. @ himanshu : you are expecting a pay of 17000 after you qualify? you must have stopped with b.com.

ASHOK KUMAR REDDY GUDIBANDI (ARTICLE STUDENT) (21 Points)
Replied 10 March 2012

expect minimum 5 lakhs p.a

CA. JAIN (Chartered Accountant) (466 Points)
Replied 10 March 2012

hi harsh,

U r not aware of market situation...frsesher ca are working @ 12-15k also. Because in market there is very less jobs.still 5k ca of May2011..r.unemployed or working lessthan @ 15k nd 10k more CAs come in market.

Its d reality every student think they will get easily 5 lakh, but its not true.

Thanks

Sushant Lohani (CHARTERED ACCOUNTANT) (1051 Points)
Replied 10 March 2012

@ Harsh: Secure AIR in CA final, then you might be able to bargain salaries at will.

At present, if u try to bargain too much; the company HR will say,"Take it or leave it".

Similar thing happened during TCS interview @ Ahmedabad campus; when a bloke quoted Rs 8 lac CTC , while TCS were giving only 5.75L.

The interview ended then n there itself........within 5 starts of its inception.

harsh (dreamer, doer.) (87 Points)
Replied 10 March 2012

i know what the market situation is and all..i ain't living in a village..my friends who are just graduates are earning 20000 a month..and my friend who cleared ca final in like 6 attempts just got placed in wells fargo for a whopping 9.6 lakhs..and if i were to work for a minimal 15grand per month pay i would quit ca right away..there is no point in doing then.and the market demand thing is concerned there is enough demand for ca's.may be the people who are working for 15000 are struggling with life or just afraid to come out of the hole..

fyi check job opps for ca'sin linkdin and you will know what am i talking about.