It can not be denied the supply of CAs quite incresed and with the same way demand not gone up..but there is heavely demand of good CAs who are very less..it is also quite important now that we should have articles from good ca firm and complete all phases of exam in 1st attempt..i'm also firm believer of thought after completing CA final ca firm is not really something which CAs should look for instead industry will reward you like anything..u may think to join CA firm only when your father or uncle is CA and do not have client contraint..
If your profile is very good you may become part of good organisation like ITC which offers extraordinary exposure and excellent compensation..if your mind set is more towards money joining indian banks etc will not give you give compensation so may consider to join ICICI,HDFC,HSBC with starting package ranging from Rs 7 lakhs..but working hours in ICICI is like 24x7 way and hardly find time to look after your famliy..gone are the days when CAs being taken only for accounts and finance even for taxation there is huge demand for CAs as reliance on outside consultancy is reduced..Mandar Dixit gold medlaist working with tata chemicals is managing all direct tax work of company getting good package and exposure,
Today industry specific experience is equally important as your profile experience.If you work in Infra company you unlikely to shift to pharma after say 2 years..by working in medium sized infra compnay for say 2 years you may join big shots like L&T,DLF and good compensation..The best industry for anybody are phara or FMCG where recession does not matter and products sell..no salary constaint..
If you intent to join big 4 join it only if profile is good else avoid as would not give you good growth in the future..BMR,GT aprt from big 4 which are doing inhertly good..BMR is giving Rs 7.5 lakhs to fresher is extremely professional firm and known in industry as best TAX and M&A firm..similarly E &Y is best in indirect tax and started this wing much much before and gives extremely good exposure..avoid going to other CA firm apart from PW,E&Y,KPMG,Deloitte,BMR,GT n BDO..other CA firms would not give your money even for long term..even other wise SK Parekh,Lodha etc though medium sized could be joined as extremely professional and have good client base..Branches of BDO,BMR part of Big 4 are good and you can join,.even BMR opening its new branch in Hyderabad and grown over 20 times in 8 years..E&Y and KPMG should be preferred over Deolitte and PW..GT not growing enough like BMR..BDO houses over 50 CAs alone in hyderabad is also struggling for new work..
Functional wise i would say join indirect wing as there is quite shortage of skilled manpower as every body doing either Auditing or direct tax..many company struggling in Indirect tax provsions..ultimately its not your acumen alone but decision where to go,quality of work that will decide where your future goes..after CA life starts not ends..guys if you have any specific query please post i try to answer whether to join that company or not with that profile..
CAclubindia
