result of campus placement....in presidents message...

vikash rathi (Chartered Accountant) (787 Points)

02 May 2010  
We are happy to take note of good response to our latest February-March campus placement programme. In all, 94 recruiting organisations participated and offered jobs to 1411 newly-qualified chartered accountants. The improving employment and the pay packages that are offered by the companies show universal acceptance of our young members in industry. Companies are offering lucrative financial packages to employ fresh chartered accountants. The best offer made was to 11 candidates, which is $ 1.5 lakh (about Rs. 70 lakh) for international posting. In spite of this lucrative offer only seven candidates actually accepted the offer. We have also planned to have special placement programme in the month of June for the experienced chartered accountants as well. However, irrespective of good response from industry and zero-unemployment among CAs, we need to do soul-searching as to why not 100 per cent of young CAs participating in our campus placement programme are being picked up by companies. Although the trends are quite positive as percentage of jobs offered vis-à-vis attended candidates has jumped to 48 per cent in comparison to meagre 27.52 per cent in the last campus, still a lot is needed to be done on this front. We plan to increase the number of companies participating in campus placement process and will take all necessary measures to ensure 100 per cent placements in such programmes. We also propose to put a condition that no less than Rs. 5 lakh package is offered to our young members in our campus placement programmes. here is the link. :https://icai.org/post.html?post_id=5823&c_id=240