ICAI Vs IIM-A

C.A Manish Arya (C.A, M.B.A) (408 Points)

16 May 2011

ICAI's top placement(Domestic) in March 2011 placement Drive happened to be Rs.13.92 Lacs p.a (Source-Students Newsletter May'11) On the While IIM-Ahemadabad 's least placement for a least popular degree called Food Tech. happened to be 12 Lacs p.a....Now we know what is the differenece between a top Charetered Accountant and Food tech graduate.... What these Co. are looking for which they see in Post graduate of IIM's But not in ICAI's candidates....Is that something Fishy about it...! Some Conspiracy etc....

Give ur Views and Do u really think Products of IIM's are really superior than fresh qualified Chartered Accountants ?

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7 Replies

Mohammad Asif (chartered accountant) (191 Points)
Replied 17 May 2011

A CHARTERED ACCOUNTANT IS BEST

shinoj (ab) (1201 Points)
Replied 18 May 2011

@ Manish..

see IIM churn less MBAs n ICAI churn almost 4 to 5 times of CAs of MBA-IIM in a year..IIM takes brillant students with work ex etc..cracking CA is tough no doubt but cracking CAT is ever more tougher than CA Final..or rather clearing IAS exam is most difficult as oft about 5 lakhs students only about 70 selected for IAS post..the thing not lies in course alone but also on intake, output etc..if ICAI produing say only 100 CAs in a year it would surpass IIM salary :)..but CA may not be best but is good considering low fees n decent salary after ca final..also the course makes average students above avearge..

Gayathri (Chartered Accountant) (286 Points)
Replied 18 May 2011

Agreed with Shinoj.

moreover cracking CAT itself is an extraordinary thing. It filters candidates at d entry level. IIM passouts generally have an excellent aptitude n analytical skills. they deserve the package they get.

CA SHRINIVAS (CA, CS) (133 Points)
Replied 18 May 2011

Friends, I feel only one thing... that is they teach how to speak whereas ICAI teach how to work and study, and there we lag... those who speak they can sell even garbage whereas those who keep mum they can not even sell diamonds..

The ICAI should start making CA students more presentable...

GAURAV PANJWANI (Chartered Accountant) (65 Points)
Replied 20 January 2012

There is rzn v are doing CA .. v may not as calculative than (most of which are IITians) but dude... v know how to have Patience even in HELL ... no doubt IIM guys are super calculative but you cant deny with the fact that IIMs are over rated. I mean common guys, IIMs not even stand a sound world ranking. We are average and so we lead the average.