My advice to all my brothers – Never sell yourself so cheap.

CA 2041 views 15 replies

My advice to all my brothers – Never sell yourself so cheap.

So many of my friends who has recently qualified are so depressed by  the ICAI’s Campus placement data that they have started doubting the brand value of CAs in the job market. They have also started to have some inferiority complex while comparing with their friends in other professions like engineers, MBAs etc.

We CAs are like Bagwan Hanumanji. We always underestimate our strengths and value. Since the ICAI is managed by the people who are 40+ in age and come from practice background, they can not market the freshers properly to the industry. The placement directors of the MBA and private engg. institutes used to pay huge bribes to the HR mangers of the good companies. Even then the MBA and engineers are got selected after qualifying a written test only.

No business can run without efficient accounting, internal control, inventory management and MIS system, good liaisoning with banks and timely compliance with all the fiscal and mercantile laws. All this is our blood.

ERP is like a God’s “Vardan”(boon) for us. All the ERP packages are so complicated that only CAs can understand them. Programmers from engineering background can not implement and maintain them.

Besides ERP, BPO and KPO sector has good demand for fresh CAs.

The worldwide unification and implementation of IFRS will create the job opportunities and mobility for the Indian CAs, similar to the Indian software programmers. All students will cram  all IFRSs word by word when it will become part of the curriculum.

Communication skills and English fluency are not big handicap but the home sickness is. That’s why the employer used to exploit us and so many freshers start practice unwillingly at their home town. People from North India afraid of moving to West and South Indian job centers, like Mumbai, Pune, Bangalore, Chennai, Hyderabad etc.

Nobody wantst to go to Gulf counties, where the starting salaries of freshers are at least 4 times of Indian offers.

Nobody can reduce the brand image of qualified CAs until ICAI keeps the tight control on results. Out of 100 candidate who join CPT, only 2.5 can manage to become qualified. Ask the value of the “CA” word from an examinee who has just declared fail in an attempt.

So don’t worry about the future of the brand image of the CA profession and try to negotiate hard when you sell yourself in the market. Only you can value yourself, the HR Deptt. can not.

( Your valuable feedback on this is welcome)

Replies (15)

fine sir good observation.

but can u please tell why our CAs are not willing to work in gulf countries? do we require any extra qualifications to be hired by them?

CA is still a bit of a unknown commodity in the marketability is concerned vis-a-vis others like MBAs and engineers who are able to portray that they have got better knowledge and command better value. 

In Indian society every parent would like his child to become an engineer or a doctor, CA is virtually the last option.

 IN THE SOCIETY  SOFTWARE ENGINEERS ARE COMMANDING BETTER BRAND VALUE AND MORE SOCIALLY ACCEPTABLE THAN A CA 

AND WHAT ABOUT PERSONS WHO ARE NOT ABLE TO QUALIFY 

THEIR LIFE IS UTTER CHAOS 

UNWANTED COMMODITY IN THE SOCIETY

A LIFE FULL OF DRUDGERY

CA ofcourse is one of the best profession in the world and the value of Indian CA, every global corporate knows.

 

CAs do mistake in campus / interview while bargaining the package because they are not aware of that. So when you are going to appear for any interview take out the details what the package is going on for the same profile........don't just think i'm fresher CA and 6Lac p.a. is very high.....if you are having good skills then go ahead and bargain for 8Lac p.a. don't just be agree with company.........show the company that if they will not hire you they will loose very important asset........don't show that you are needy.

 

Good Luck!!

Totally agree with Vivek, you have observed very nicely about recent market conditions.

I can say that we can negotiate only if we have good knowledge and keep updated ourselves.

I really don't know the reason for such offers or pay-scales for CAs...

 

I mean, world-wide, the INDIAN CAs are highly demanded.. Then y not our own country demands us or value us the same??

 

Through out discussion, i found the same thing??

 

 

In Australia, Gulf countries, US, Canada, etc.. There are really high pay-scales for us, then why not at our home-town??

I completely agree with u...

 

But, i'm not just comparing in terms of nations,, but in terms of proffession tooo...

 

One of the fellow members said that, MBA/MCA are paid more or are valued more... Why such things are happening in our country itself??

 

I don't say, we r superior, but we r not evn inferiors too...

You are right Vivek. IFRS would surely create more opportunities.

Communication skills, english language proficiency can be developed easily with some efforts.

But the main point is Attitude. I can see that lot of people in CA community have sheer disrespect for other professions. The ego for knowledge refrains them from accepting others and learning anything from them.

To improve work you get hundred chances if you are having right attitude. If you respect yourself and others, have a learning attitude and a are polite and humble in speech, you will be accepted even if you lack at work.

But, if the person is egoistic, rude and does not respect others, trust me, he won't get any chance and would not be accepted even if he is the most brilliant and qualified person.

I think all should think over it.

Thanks Buddy

yaa good observation but  for those who dont have the practical knowledge???????????

We always underestimate our strengths and value. Since the ICAI is managed by the people who are 40+ in age and come from practice background, they can not market the freshers properly to the industry. - Mr.Vivek Verma

Rightly said. We are not gettin what we deserve. ICAI shud form a strong placement team.

 

Originally posted by :Aldrine
" Attitude can be vary according to the situation...................one CEO is  showing all good characters in the world, but we can not say that he will be success in his profession......he may not get the control over subordinates due to the lack of assertiveness. He may not able to do the work through his subordinates.Because of his politness subordiantes may think that boss is very good & he will not take action so we can .................
Professionals may be proud of their profession.People are like that they are proud of their location, country, education, family status.One who is matured can handle this very easily by a proper understanding.Some people will say good he is proud of........but a different person can say that he is one with ego to others. It  depends on the view of judgement/people.Same situation can be accepted in different  views depends on the persons.So when we gradually get experiance in life we will understand the character of the society................Proud of being the professional is very important for the success, then in second stage (only) acceptance of other professions come.
So concept of understanding is very important.
"


 

Absolutely, you are correct. Thats why it is very important to learn to deal with people and situations effectively. Harvard studies show that  80% success of an individual comes from Emotional Intelligence and not IQ. As you rightly mentioned it depends on views/judgements of people. Although many of you talk about superiority of CAs over MBAs, I do feel that MBAs are good at EQ (Emotional Quotient) by a very big margin over CAs. This ability surely can come from experience as you mentioned. As you can see, experience here has a completely different meaning because it refers to experience of dealing with different types of people and situations and not accounting, auditing and taxation experience. Therefore, understanding is important as you rightly said, of the context in which different things are said, discussed and interpretated.

You are absolutely right Proud of being the professional is very important for the success, then in second stage (only) acceptance of other professions come.So concept of understanding is very important.

But, I feel we should make an assesment of whether we are proud of our own profession, or whether we are getting a feeling of pride by seeing others inferior and criticising them. To be proud of profession shouldn't mean disrespecting/demeaning/criticising other professions. Thats why understanding is important as you rightly mentioned i.e. understanding that we should be proud of our own strenghts and abilities and not by talking about others weaknesses or drawbacks.

From what I have seen on this website and CA coaching classes, i think people take less pride in the abilities and strenghts, but take lot of pride in comparing things that cannot be compared and take pride and leadership when it comes to showing MBAs or any other professionals inferior by wrongly comparing them with CAs.

Just generalising about demand for CA's and not mentioning the facts wont help............ Statistics say that demand for CA's has greatly decreased...... And it is true...... Frankly speaking, your all talk about ca's being hanuman ji ( I dont know how you can compare them to such a great GOD ) wont help them get a job..........


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