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Salary of Newly qualified C.A

sidharth shankar (Student) (154 Points)

23 December 2010

If we talk of average,

what do u think is the salary a newly qualified C.A get, in job....

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29 Replies

Manmohan ACA, CS (Chartered Accountant ) (14243 Points)
Replied 23 December 2010

I also want to know the same , but i expect it sould be around 5L

(Guest)

ya i also want to know abt it.

RAJESH SINGHAL (ARTICLE) (31 Points)
Replied 23 December 2010

I think it should not be less than 6Lac p.a

(Guest)

2008-2009--The average salary offered to the newly qualified Chartered Accountants was about Rs. 6.11 lacs per annum

Hardik Dave (IPCC and CS Professional(FINAL) Student) (15533 Points)
Replied 23 December 2010

8 to 9 lakhs p.a. I expect, minimun

Hardik Dave (IPCC and CS Professional(FINAL) Student) (15533 Points)
Replied 23 December 2010

8 to 9 lakhs p.a. I expect, minimum,

CS Vijay Daxini (At Practice) (732 Points)
Replied 23 December 2010

wat is the salary for fresh c.s???????????????

CA. Vikash Dwivedi (Financial Planning & Analysis) (3167 Points)
Replied 23 December 2010

Boss, as far as salary is concerned it depeneds on number of factors:

It depends on the candidate (CA whether fresher or experience) how he handles the interview and how he convince the inverviewer.I hvae seen 2003 qualified CA at acompensation of 8.5LPA and 2005 qualified at 14LPA package. It's all your skill.
The industry and compnay. Most of the INDIAN companies or foreigh MNC managed/ controlled by try to pay as low as possible ( sorry, if this sound rude but this is fact.) There are some professional companies which follow pay based on Band and level of employee in the organisation irrespective what the candidate demands (Most of the Big 4 new entrants of foreign company). Indian companies say its as per the company's policy but when you join you may be surprised a B.Com graduate getting more than you. (I have live examples with me and can vouch for it).
Sometime they company offer what you demand and you think you got you wanted (because compensation is the only criteria of measuring how good the job is) later on you will realise what you have lost (opportunity cost).

some more factors but those are not important.

6 Like

RADHIKA JALAN (agarwal) (1521 Points)
Replied 23 December 2010

agree with vikash dwivedi

1 Like

jyothi sunandi (student) (41 Points)
Replied 23 December 2010

may be vikas is correct in his logic.........

piyush dadhich (article assitant) (225 Points)
Replied 24 December 2010

hmmmmmmm.......................agree wid vikash dwivedi....

nilesh (CA FINAL) (49 Points)
Replied 24 December 2010

i too agree with vikash dwivedi

(Guest)

i agree with vikash bhai

kckinn (CA) (759 Points)
Replied 24 December 2010

Salary is a very very imp factor without a doubt. Everyone has financial obligations.

But if possible don't look at the initial salary. For instance, if someone wants to develop a career in the field X, take the job which offers you an opportunity in the field X ignoring salary, unless of course salary is way off the mark.

One has to make a difficult choice when the job offer in field X pays Rs 5 while job offer in field Y offer Rs 6 / 7.