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Stipend

Mandar D. Rane (CA Final & CS Executive Student) (236 Points)

03 November 2009

Hi Friends and Seniors,

I have cleared my PE2 in November 2008 (and had discontinued CA course due to some financial reasons) After which i was working with an MNC and getting good salary. But now i have decided to continue with CA so i m searching a CA for articleship training. I m confused about what Stipend should i demand ?

as i m a commerce graduate and had worked with a well known company can i demand upto 10K.

Please Guide. I have to attend some interviews tomorrow.

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12 Replies

CA Dhiraj Ramchandani (CA, M. com) (10823 Points)
Replied 03 November 2009

Man, i never knew that an article can also ask for stipend's amount..

Actually, institute has decided minimum of 1250 p.m. for every FINALS article. Now, any CA himself can decide whether he wants to pay that much or more, depending upon the work he allotts to his articles....... I don't know whether any article can demand or not for more

Mandar D. Rane (CA Final & CS Executive Student) (236 Points)
Replied 03 November 2009

Actually the thing is that i dont know about the procedure. Is it mandatory that we wil have to accept whatever the CA gives.

I dont know Please guide.

Padmapriya (PCC student) (84 Points)
Replied 03 November 2009

f course dude..u cant demand for stip. 1st f all..On top f dat,10k is actually IMPOSSIBLE!!

Sandeep Pandey (CA FINAL) (1306 Points)
Replied 03 November 2009

No CA can give this much specially for article student.....................................

CA Dhiraj Ramchandani (CA, M. com) (10823 Points)
Replied 04 November 2009

Padmapriya, 10K is a big, but not impossible,,,......... Big 4 firms still geiv mor than 12k p.m..., so its not a that big deal.........

JAI (Article Assistant) (26 Points)
Replied 04 November 2009

Agreed with Mr. Dhiraj.... I don't think that v, as an article assistants are allowed to ask for stipend...

CA Trinath Galla (student) (3130 Points)
Replied 04 November 2009

if u are joining as an articled clerk, u can not demand higher stipend.

but u can show ur experience and if ur principal wish to give more, u can get.

else search for one who is prepared to give high

Ronak Dagliya (CA) (332 Points)
Replied 04 November 2009

Stipend is decided by institude.

we cannot demand it

Naresh Biyani (Manager-Investment Banking) (115 Points)
Replied 04 November 2009

Hi......Mandar D. Rane ..........

In which city u r looking for articalship.......

send ur CV on cankbiyani @ rediffmail.com

i will try for u......

hrithvik raj (article/ca final ) (161 Points)
Replied 04 November 2009

hi.. approach big firms as they can pay u dat much.. its not a big deal 4 larger firms to pay 10k.... actually startin stipend is around Rs 9000 or more.. all d best.

Nilanj Raval (Student) (89 Points)
Replied 04 November 2009

You can definetely get 10000 p.m. but there are certain risks like 1) additional Time, 2) If u join big firm then you r not going to get different kinds of work....3) If he is paying u 10000 as a stipend he can demand more work from urside.

U can get but, be careful that it can harm ur studies........ALL THE BEST