CA, CS(Professional) ROHAN (B.com CA CS Sr officer -Finance & MIS ) (309 Points)
21 March 2013Considering the current market scenario is a package of Rs 4.5 lakhs ( all inclusive) offered by an investment bank for the position of a Analyst, sufficient or a bit low ??
Kindly provide your suggestions and views on expected salary for a CA who is entering the investment banking field into trade finance as a fresher ??
CA Asfar Hashmi
(Research Associate)
(81 Points)
Replied 21 March 2013
Guys please reply from the perspective of Equity Research as well for an entry level associate in regards to the above query....
Thanks!!
CA, CS(Professional) ROHAN
(B.com CA CS Sr officer -Finance & MIS )
(309 Points)
Replied 25 March 2013
Abhishek Jain
(CA)
(32 Points)
Replied 25 March 2013
package is k types ..may i knw whch investment bank?
CA, CS(Professional) ROHAN
(B.com CA CS Sr officer -Finance & MIS )
(309 Points)
Replied 28 March 2013
Sorry CA Abhishek Jain , naming the firm on a public platform may become a compliance issue.So keeping the name aside , do you think its a fair package for a fresher analyst to begin a career with such a low amount ??Also it is not for a equity reasearch analyst but a finance analyst....don't you feel that companies overally are trying to squeeze at the mionimum level to get CA's ?? but then what is the option left with us.If We don't accept a offer , another CA may accept it.So the question is what should be the ideal minimum for a fresh Ca considering slack in global markets and reducing demand for CA's.This question is for all the members of this forum.
Rajesh Naga
(Consultant)
(28 Points)
Replied 31 March 2013
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mbajamesbond
(Chasing IPCC May 2014)
(107 Points)
Replied 01 April 2013
About 2 years ago the average salary for fresher CA was expected to be between 5 to 6 lacs but now the market has gone down from last 6 months and average salary has come down to 4 to 5 lacs.
So the salary offered to you is not low..you may take this offer work for 2 years and move to another company for the big jump.ATB
CAclubindia
