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Thu Aug 5, 2021
Well, the answer is “Yes”, ICAI does provide campus placements to qualified Chartered Accountants. This program is conducted by the Committee of Members in Industry and Business (CMI&B) of ICAI wherein both the Companies/Organisations and Qualified Chartered Accountants/ Job seekers get an opportunity to explore the possibilities of mutually beneficial employment.
ICAI Placement Programme is conducted twice a year Feb - March, and Aug - Sept all over India, for the passed-out candidates, i.e., Only the students who have newly cleared their CA Final Examinations are eligible to participate in ICAI Campus Placements. Along with Clearing CA Examinations, the candidate is required to complete AICITSS (MCS) Course and get his/her membership number to become eligible to register for Campus Placements.
Few of the companies that usually are part of this program are Hindustan Petroleum, ONGC, Indian Oil Corporation, BHEL, Hero Motors Ltd., ITC Ltd., Tata Motors, Vedanta, TCS, Infosys Ltd., ICICI Bank, HDFC Bank, Reliance Industries, Aditya Birla Group, Wipro Ltd. Capgemini and Big 4 Firms like PWC, KPMG, Deloitte, Ernst, and Young, etc. Every Candidate is free to choose a maximum of 4 companies of his/her choice and give consent for the interview accordingly. Once given the consent, it is mandatory to attend the interview. Candidates can accept the offer of only one company.
Few of the companies that usually are part of this program are Hindustan Petroleum, ONGC, Indian Oil Corporation, BHEL, Hero Motors Ltd., ITC Ltd., Tata Motors, Vedanta, TCS, Infosys Ltd., ICICI Bank, HDFC Bank, Reliance Industries, Aditya Birla Group, Wipro Ltd. Capgemini and Big 4 Firms like PWC, KPMG, Deloitte, Ernst, and Young, etc. Every Candidate is free to choose a maximum of 4 companies of his/her choice and give consent for the interview accordingly. Once given the consent, it is mandatory to attend the interview. Candidates can accept the offer of only one company.
Generally, salary packages are offered by various organizations ranging from 7 Lakhs per annum to 22.30 Lakhs per annum. The average salary package offered by the companies is around 8 Lakhs depending on criteria such as rank, the number of attempts, exemptions scored, practical exposure during 3 years of Articleship training, previous examinations record, performance during the interview, etc.
Since Covid -19 Pandemic, ICAI has started conducting its Placement Programme through virtual mode. However, in the future, depending on Government guidelines, safety protocols, and feasibility of interviews, it is said that interviews can be conducted by physical mode too. Interview Link is shared by ICAI on registered email -ID of the candidate. Other details like shortlisting status, information regarding written tests, or selection status are updated on the Candidate’s login id created at https://cmib.icai.org. A platform for the virtual model of the interview is selected according to the convenience of the organization.
Candidates are required to visit https://cmib.icai.org for registering for ICAI Campus Placements.