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Unemployment of CA

(Guest)

how to find job. Recently result pass % was very high. Unemplyment of ca decrease the reputation of this course.

I am very tension because I am also unemloyed after clear ca. CA course is tough and hard working but unemlpoyment.

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95 Replies

Chitra Alagappan (BCOM., CA Final) (464 Points)
Replied 31 August 2011

Sorry I want clarify my doudt whether there is Pass Percentage in Ca Course . But some are Saying there is no Pass % in such case you are mention that there pass % because there is Unemployment..

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jugal (8888) (27 Points)
Replied 31 August 2011

I guess der will be no Unemployment for CA's but due to high % of result they will be paid less .............

2 Like

(Guest)

In may exam pass % very high

Chitra Alagappan (BCOM., CA Final) (464 Points)
Replied 31 August 2011

sorry I want to ask one ques to Manoj If the Pass % very high then How did you clear ur Exam ? You also included in that Basically If ICAI Control the Pass % then many student not cleared. I thinking currently student have capacity to clear the Exam. and I accept the point of Jugal

JYOTI MHATRE (-) (117 Points)
Replied 31 August 2011

hey manoj dont worry at all....all these things r part of lyf....n employment unemplyment tend 2 take place...it all matters when u pass out n wat is d situation in d market at tat time....dont worry all is well...go ahead n njoy life......

3 Like

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V Chandrasekaran (Chartered Accountant) (256 Points)
Replied 31 August 2011

i am also one of the jobless CA.

initially i was worried that i am not getting job. after few weeks i found out that thousands of CA's are jobless

(Mostly Freshers)

i wounder if institute not able to provide job for thousands of CA's, how it will provide job for LAKHS of students studying CA.

Even BPO require only B Com students.

2 Like

CA Vishal (CA working in industry) (620 Points)
Replied 31 August 2011

i never thought even in my dreams that even after passing CA people would not get jobs but friends this is harsh reality . many of the CA are not getting jobs . u cannot do anything except wait & watch . It is high time institute understands this grave reality and does something . Merely holding campus placement wont help as only 1 out of 10 CA actually get jobs .

4 Like

V Chandrasekaran (Chartered Accountant) (256 Points)
Replied 31 August 2011

Well said Vishal

prasenjit pal (Service) (51 Points)
Replied 31 August 2011

Common Entrance Test must be mandatory & must not not be waived under any circumstances If ICAI wants to maintain the quality. Further the Test must be tough so that those who will clear the Entrance test have a fair chance to qualify. Thus quality & employability will be of the highest order. The ICAI must not run after money otherwise CA will be trated just like a Graduate.

1 Like

V Chandrasekaran (Chartered Accountant) (256 Points)
Replied 31 August 2011

Truth behind pass percentage is if members are short of cheap labour (Articles) they will increase pass percentage of CPT and IPCC.

Once they entered final, they will give exemption etc after 3-4 attempts so that they will continue studies and get examination application fee etc.,,

If there is surplus labour, pass percentage will be like 0.25%, 6% etc.,

At the moment there is a labour shortage, so they waived CPT for graduates. Also they will get money like registration fee etc,

ICAI don't care about Qualified CA's.

3 Like

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Gokul Viswanath Shenoy (Company Secretary & Finance Manager) (430 Points)
Replied 31 August 2011

well, this should be the pass percentage..though, many didnt get job at campus placement..they must remember that campus placement is not the ultimate for a CA..there are other ways to get job

2 Like

Dinshaw (ca) (28 Points)
Replied 31 August 2011

Unemployment of CA or getting the employment/profile of your choice.

I think real issue here is not getting employed but a getting a profile or employment in profile that commensurate the hard work put by us to get the freaking degree. CA's would easily get a job in any of the CA firm is they want. But that is not the aspiration of all us. It high time that CA institute address the issue of such CA's who does not seek carreer in pratice or conventional CA work. The institute should upgrade their course content in terms of financial market domain and start choice of specilisation during final for students who want to do audit or accounting and those who seek employment is financial market/risk management. Such specilisation then definately be valued by industries as well students seekin career in financial market.