Employment Opportunities
Members of the Institute are occupying high echelons like Chairman, Managing Director, Finance Director, Chief Executive, General Manager, Finance Manager, etc. in many Public and Private sectors organisations and also in the Government
Government Department
There is an existing Cost Accounting Service in Central Govt. named as Indian Cost Accounts Service, which is at par with the Class I Services of the Government of India.
Opportunity for Independent Practice
Cost Accountants can practice in the following areas:
- In mandatory Cost Audit under Section 233 (B) of the Companies Act, 1956.
- Certification under Export & Import Policy.
- Excise Audit under Section 14A of the Central Excise Act and Special Audit of Certification Of manufacturing account as per Customs Act.
- Consultancy Assignments.
Academic Opportunities
The Association of Indian Universities {AIU} resolved on May 28, 1991 that Bachelor Degree holders, who have passed ICWAI Final Examination be allowed by the Indian Universities to register for M.Phil. and Ph.D. in Commerce and allied disciplines. Since then the Institute is approaching different Universities to make necessary provision in their respective Rules so that Members of our Institute having Graduation qualification can register themselves for Ph.D. courses in Commerce and allied areas. Till now the Institute is in receipt of approval from 35 Indian Universities. Recently, in response to our letter No. DS-3{UL}/11/2000 dated November 17,2000 to AIU it has been clarified by AIU {vide their letter No.EV/II{2}/2000/179741 dated November 29,2000} that recognition awarded by AIU is generally accepted by the Universities in our country.
As the Final Examination of the Institute of Cost and Works Accountants of India has already been recognized by AIU, they do not anticipate any difficulty to be faced by the ICWAI candidates in the matter of acceptance of their qualification as sufficient for registering for Ph D/M Phil. All India Council for Technical Education decided that Fellow members of our Institute will be treated at par with the persons holding Ph.D. degree as far as appointment in the posts of Professor, Associate Professor, Reader, Asst. Professor and Lecturer in Professional/management Institutes are concerned.
UNIVERSITIES WHO HAVE ALREADY RECOGNISED THE MEMBERSHIP OF THE INSTITUTE OF COST AND WORKS ACCOUNTANTS OF INDIA AS SUFFICIENT QUALIFICATION FOR PURSUING Ph.D. COURSES
| 1 | Sardar Patel University ,P.B. No. 10 ,Vallabh Vidyanagar -388 120. | 2 | Guru Nanak Dev University , Amritsar. |
|---|---|---|---|
| 3 | South Gujarat University ,University Campus Udhana – Magdalla Road ,Surat -395 007 | 4 | Moharshi Dayanand University ,Rohtak |
| 5 | University of Poona ,Ganeshkhind ,Pune -411 007 | 6 | Punjab University , Chandigarh -160014 |
| 7 | Nagpur University, Nagpur | 8 | Meerut University , Meerut |
| 9 | Mangalore University ,Office of the Mangalore University Light House Hill ,Mangalore -575 003 | 10 | University of Kerala , Trivandrum |
| 11 | University of Mysore ,Viswavidyanilaya Karya Soudha Crawford Hall ,Mysore -5 | 12 | Cochin University of Science & Technology , Cochin |
| 13 | Shivaji University ,Vindyanagar ,Kolhapur -416 004 | 14 | University of Bombay , Mumbai -400 032 |
| 15 | Sri Venkateswara University , Tirupati Andhra Pradesh | 16 | Varanasi University , Uttar Pradesh |
| 17 | Karnataka University , Karnataka | 18 | Osmania University , Hyderabad -500007 |
| 19 | Madras University , Chennai | 20 | Punjabi University , ,Patiala |
| 21 | North Maharashtra University, Jalgaon | 22 | Yashwantrao Chavan Maharashtra Open University , Nasik Maharashtra |
| 23 | Alagappa University , Karaikudi | 24 | Bangalore University ,University City Campus ,Bangalore -560 001 |
| 25 | Tezpur University , Tezpur | 26 | Guru Ghasidas University Bilaspur , Madhya Pradesh |
| 27 | Vikram University , Ujjain | 28 | Manipur University ,Canchipur ,Imphal -795 003 |
| 29 | Pondicherry University , Pondicherry | 30 | Vidyasagar University , Midnapore |
| 31 | Madurai Kamaraj University , Madurai | 32 | North Gujarat University ,Rajmahel Road P.B. No. 21 |
| 33 | Sambalpur University ,Jyoti Vihar Burla ,Sambalpur -768 019 | 34 | The University of Kashmir , Srinagar |
| 35 | Gauhati University , Guwahati -781 014 |
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