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For cas to be qualified in nov.2011 exams

15 December 2011

My Dear Friends...Those who are willing to go in job after getting qualified please note that now market situation for CA qualified is the worst and going to be worst after the result for Nov.2011. Please don't leave ur previous organisation blindly even if they are paying 35,000/- to 40,000/- . After the result comes i think it ll be difficult to get this package. Lot Of my friends in Chennai are still waiting and trying for Jobs.

If any of you are sure about +ve result then please try ASAP (Cut of time 31st December).

"Precaution is better than cure".....so start searching for Jobs if un employed. One small request refer ur friends(I mean CAs) so that all should get a job. I am happy to say that through my seniours i refered some of my friends and they got Employed. So start refering if you can.

All the best.

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5 Replies

(Guest)

thanks for ur concerns sir,bt i hv heard that there will b high demand for CAs in future.is that all wrong?

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SATYABRATA SAHOO ACA (ACA) (86 Points)
Replied 15 December 2011

I don't think so. As CAs qualified in May 2011 are unemployed, there will be over load of CAs after Nov 11 result. So heavy competition. If more candidates more negotiation and poor package. Please check with your friends who are qualified, there ll be a lot of unemployed CAs.

Some Faculties in GMCS also told the same thing wat i told.

Tejas Shah (Deputy Manager ( Finance & Accounts )) (211 Points)
Replied 20 December 2011

ashima bcom(h),ca final [ Scorecard : 213]	Posted 5 days ago
	thanks for ur concerns sir,bt i hv heard that there will b high demand for CAs in future.is that all wrong?

@ ashima you might me right but the same thought is hitting back on ICAI when they released may 2011 results hoping high demand shall meet high Supply.

1 Like

Sandeep Raghavan (CA Student) (37 Points)
Replied 04 January 2012

CA won't have an problem in finding job. It's all about the field you are looking into.

As of now many aspiring CA's would find difficult to find job in the Audit field till they become CA.

As of now M&A industry is doing well & will be doing well for next 5 yrs, till total recession comes in.

As far as taxation field is concerned , you need to join first an small firm if you want to make an carrer in it as big firms are refusing to accept fresher CA's.

In the field of pure Finance CA's would find difficult to get job due to heavy competition from MBA's.Fresher's can easily get an job in KPO's in the field of finance,with an take home of Rs35000-40000(Maximum).

An CA with another degree such as L.L.B , CWA, CS etc would find easier in getting job than pure CA's.

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SATYABRATA SAHOO ACA (ACA) (86 Points)
Replied 05 January 2012

Dear Asima/Tejas Shah/Sandeep,

All the best. As per the market strategy and interaction with my friends who already in good position in Companies and my friends who are in practice, i had only mentioned some points.

"Precaution is better than cure".

As u all have strong feelings abt ur destiny definetly u all ll get a good job. Don't mind i am talking about the placement for all the CA qualifieds and not 60% CAs. Market should be such that all the CAs should get placed with a minimum package of 6 to 7 Lacs per annum. CA qualification is not an easy task dear. After a strong battle students are getting the degree. Now lot of jobs are aviailable with a package 4 to 4.2.

Is this a good Package for a CA? As a CA should you accept it?

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