SALARY TO CA

Rahul Bansal (Finalist) (35929 Points)

01 May 2010  

The average salary offered to the newly qualified Chartered Accountants is about Rs. 6.11 lacs per annum .

Highest salary offered for domestic posting in the Campus Placement Programme of ICAI is Rs. 10.61 Lacs per annum.

Highest salary offered for InternationalProgramme is Rs. 21.00 Lacs per annum.IT Software sector (16.16%) is amongst the highest recruiter of all sectors, but
sectors like Mining (8.42%), Banking (7.52%), Financial Services (6.40%), Oil & Gas Refining (5.50%) are the major recruiters.

2008-Demand for Chartered Accountants in India are going up. There are now more opprtunities for CAs in India then qualified professionals available.

Growth in the finance and accounting outsourcing (KPOs/ BPOs) will only add to the demand for CAs in the coming years.

According to one estimate India would need 50,000 CAs a year by the end of 2010.

At present about 9,000-10,000 CAs pass out from India every year.

Salaries offered in the campus placements in ICAI. There was approx.

50% jump in the campus placements in ICAI in the salary range of Rs. 5,00,000 - 7, 49,000/- this year compared to last year .