132% More Jobs with Average Salary of 7.43 lacs in ICAI Campus Placements 2019

132% More Jobs with Average Salary of 7.43 lacs in ICAI Campus Placements 2019

ICAI has shared information on 49th ICAI Campus Placements programme conducted in February-March 2019, wherein 132% more Jobs have been given to Chartered Accountants but Average Salary has reduced by 11.5% (from Rs. 8.40 lacs to Rs. 7.43 lacs) as compared to corresponding period last year.

Campus placement Programme Feb-Mar, 2019 Feb-Mar, 2018
Number of Candidates Registered 9011 6029
No. of candidates finally appeared for the interview 6646 3442
Number of Jobs Offered by the participating companies 3815 1473
Number of Jobs Accepted by the candidates 3180 1368
Highest salary (cost to company) offered for domestic posting (INR in lacs/ p.a.) 22.5 22.3
Highest salary (cost to company) offered for International posting (INR in lacs/ p.a.) 36 18.5
Average salary CTC (INR in lacs/ p.a.) 7.43 8.4
Percentage of placement (job offered/ candidates appeared) 57.4 42.79
Companies Participated 139 130

ICAI Press Release dt. 3 May 2019

Over 69 years ago, ICAI was established with about 1700 members and has grown to over 2.90 lakh members. ICAI and the profession have touched new heights and reached the unfathomed corners of the earth. Building blocks of the profession are being consolidated and empowered. Continuing with vigorous efforts towards exploring and making available ample opportunities for the members, the endeavor of ICAI has been to continuously strive to serve the members to the optimum. The USP of ICAI qualification has been an internationally benchmarked curriculum and exposition to practical training making the professionals groomed to the emerging needs of the job market.

ICAI is also facilitating the members by effective placement and exploring new avenues of employment by organizing campus interviews for newly qualified Chartered Accountants seeking employment through ICAI. Institute also provides sector specific assistance in improvement of skills of Members, consider their problems and issues pertaining to the career planning and other related matters. In that endeavor, the Institute has been providing an employment opportunity to the newly qualified Chartered Accountants through Campus placement process that began in 1995 and during the years – 2006 to 2018, nearly 30,000 Chartered Accountants secured entry in the industry.

The 49th Campus Placement Programme for the newly qualified Chartered Accountants was organised by the Institute during February-March 2019 at 17 centres across the nation. A comparative of the Offers made during the last 3 Campus placement drives is mentioned below: (contd… please refer the attachment for details)

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