i copied the below message from orkut icwai community... if u read it ..u can understood the present scenario
The reason for a cost accountant not able to get a job in manufacturing concerns could be :
a) Growth is not in proportion ....
Every 6 months institute produces cost accountants, whereas the number of manufacturing concerns available or about to be commence is not at that frequency. The Government (Central and State) has been concentrating on utilizing funds to provide attractive schemes and freebies to keep their government in rule for the next term, therefore newer projects for Development has been all time low .... Few states have an exception ...
b) Demand not equal to supply ...
Continuing from the previous point , when there are less manufacturing concerns available in the country, the need of those manufacturing concerns have already been met by the existing professionals ..... For newer pass outs, its not that welcoming at the beginning ....
Demand is less ...Supply is more ( Every 6 months...)
c) No Legal Obligation ...
It is not a mandatory requirement for every company / organization to employ a Cost Accountant. The sectors in which we can work are very limited and restricted ... and of the same, there are already plenty of Cost Accountants available in hand already ....
d) Candidates Preference ....
Even if a Cost Accountant able to get an offer in a Manufacturing concern, the preference of every candidate is different, like:
i) Job Location
ii) Salary Negotiation
iii) Other Benefits
iv) Marital Status
v) Gender (Female candidates are often not preferred / they don't prefer manufacturing organizations)
etc ....
e) Change in Culture and Life Style.
Many of the current generation, likes to be in BPO which could be in line with their social status, and society respects some one who is picked up and dropped in cabs, works in night shifts, hangs an access card in the neck.... We have to mingle with the crowd at large most of the times, personal aspirations at times take a back seat, whether voluntarily or being forced .... Only when there is a pride in the job you do, one feels great about it and enjoys being at work ...
f) Being Practical ...
When you do not get something for which you are meant for, its better to get yourself fit in to the best available ...... Not every cost accountant starts from a manufacturing concern .....
Many arise from audit firms, BPOs, IT companies, etc ..... Till one gets their dream job, utilize what is available to them ...
There could be million other reasons as well ... which could be clubbed on the above classifications ....
Regards,
Karthikeyan
pls dont mistake me am not insulting r hurting u..
i dont even posses ur qualification...am just abt to clear cwa inter....
just i thought of expressing my view...