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PSU Bank jobs for CA??

Aparnaa (Student ) (349 Points)

26 March 2011

1. How will the future be for a fresh CA, to begin the career with a public sector bank??

2. What will the role be, in such bank??

3. Should manufacturing sectors be given preference over bank jobs?

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11 Replies

sudhakar ca cwa (service) (1518 Points)
Replied 26 March 2011

i dnt knw which one is better. but My preference is manufacturing sector. becoz u can know more things in it.

i am also working in manufacturing sector. u will knw more things. carrer also good.

n i dnt knw about the PSU banks.

Aparnaa (Student ) (349 Points)
Replied 26 March 2011

which profile are you in now??

sudhakar ca cwa (service) (1518 Points)
Replied 26 March 2011

my profile is more about Financial Planning . i wil also look into the controlling thing little bit.

That means variance analysis, MIS, P&L a/c. and budgets aspects and other related aspects.

Controling means pure accounting thing.

May i knw ur future goal based on that go for Bank job or manfacturing concern n is that manfacturing company is big or small co.

Aparnaa (Student ) (349 Points)
Replied 26 March 2011

i want to be in manufacturing sector.... But i was offered in 2 PSU's in the campus.. If off-campus, hard core finance jobs is not available for freshers...

sudhakar ca cwa (service) (1518 Points)
Replied 26 March 2011

Yes you are correct. in off campus it is tough to get the job in manufacturing concern as a fresher.

But think about it. it is your life.

if in PSU if it is credit analysist then it is ok. u can go ahead. or else some wht boring.

Aparnaa (Student ) (349 Points)
Replied 26 March 2011

If so, Can we reject the offer before accepting offer letter???

What areas are tested for a job in manufacturing sector?

sudhakar ca cwa (service) (1518 Points)
Replied 26 March 2011

Reject or accept the offer that is ur wish. becoz it is ur life.

but it is very difficult to get the job in big manufacturing concern in off campus.

Quetions - IFRS, Amendemtns in DT n IDT, Budgets and DTC n GST others.

Think twice before rejecting the offer.

If you have good reference then no problem you can easily get the job in man. concerns

Aparnaa (Student ) (349 Points)
Replied 26 March 2011

I just asked is it possible to reject the offer, if i were to get job in manufacturing sector??

Thanks for the info..

sudhakar ca cwa (service) (1518 Points)
Replied 26 March 2011

welcome

Yes it is possible aparna. but i am saying think twice before reject the offer. check the pack also. i thnk in psu pack is very low

Ritesh Jain (CA, CS in Job) (675 Points)
Replied 29 March 2011

Hi,

Seems you are confused over PSU work style and PVCO. work style...

I am currently attached with a PSU (not a bank).
In very short , I can say that:

Benefits in PSU:

i) PSU life is very cool and minimal work pressure.

ii) Will get ample time for your self and your family and other studies.

iii) Job security.

Major demerits of PSU:

i) you will be outdated in terms of technology and recent updations in economic sceneriao.

ii) You will lag behind comparision to your counterpart in terms of package and technological upgradation few year later.

iii) You will not be willing to move to any pvt sector once u work with a PSU for 3-4 years...because you will be addicted to such environment of easyness and non competeness.

But this is to be noted that not every PSU is like that.. maharatna are known as MNC's of PSU.

It dependes from whish PSU you have got offer.

Lastly I would like to say, manufacturing sector is far better than any other sector. You will have a batter exposure.

Regards,