ipcc-aspirant
44 Points
Joined April 2011
Yes this is a real big issue.
No doubt about that,the insttute is wirking for its members,not for the students.
And it also pains me seeing that,fe forum users protest about us demanding higher salaries.One word to them, since u are in the process of becoming a ca,learn what is your right to get.the amount which u are getting is very much below market rates
A mba intern after 1st year gets nearly 10-15 thousand as stipend from a not so big college easily.
whereas after heavy toil,a ca intern gets a max of 2000 after 1 month from an ordinary firm.
At that same point i understand not every firm will be able to pay its articles with a salary of 10k + .
Also institute needs to radically change its position.
If it wants to attract talent and retain it, it also needs to change its position about its articleship ..I think an article can lear everything within 2 years.its enough for a person because he gets vat audit, stat audit plus stock taking if we consider the quarters.
in this way firms will not be burdened and it will also be helpful for a graduate.
P.s-From my example .I have completed in 2010 and recently gave my ipcc in may 2011.But from my calculations what i found that i will be 26 at earliest,if i clear my finals which is unlikely becuse i have messed my tax this year :(
So my economic condiions are a bit deplorable,and i 'm thinking to leave this and go for an mba ,as i had gven it last year also and secured calls from top colleges in the country..unluckily which i cud'nt convert.
That was my side of story.I'm sure many of theirs had their own.Only prob is the institute is sitting with a deaf ear.