Average Salary Packages for Qualified CAs in 2017

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All India Top 3 Rankers:

The average Salary Package offered in the current year stood at an all time high at Rs.29 Lakhs, for working in India.

During last two years, the same figure is Rs.26.5 Lakhs.

For posting abroad, highest salary offered was Rs.61 Lakhs, by Rak Bank, UAE.

Other Rank Holders:

The Salary Package offered for Rank Holders in CA Final exams stood at Rs.16 Lakhs, compared to Rs.14 Lakhs in 2016.

It is interesting to note that, Rank in IPCC Level is given less preference during Job Selections.

However, there are cases where Ranks in IPCC and Final was given an extra merit.

Cleared CA Final Both Groups in Single Attempt:

Many companies are treating students under this category to that of Rank Holders.

Infact, companies like TCS and ITC are accepting applications from students who have cleared both groups of CA Final in single sitting.

The average salary offered for them stood at Rs.15.6 Lakhs, compared to Rs.13.3 Lakhs in 2016.

Cleared Final in Multiple Attempts:

The average salary package for students who have passed CA Final under this category is Rs.9.2 Lakhs, compared to Rs.7.8 Lakhs in 2016.

However, candidates who have finished their articleship training in medium to large size firms were offered an average salary of Rs.11 Lakhs, even though they didn't clear CA Final in single attempt.

Overall Analysis:

The Rate of CA Hiring by companies has seen a fall between August 2016 and March 2017 and then recovered to its normal position.

Number of New Companies, both Domestic and Foreign, has seen a significant hike in recent years.

Even though the demand for Technical Qualifications like Engineering is very low, for Professionals, the it is very high.

It is estimated that this high growth rate will continue till 2024.

Comments

  1. Prashant prajapat25 September 2019 at 07:20

    This comment has been removed by the author.

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  2. Nehasharma25 September 2019 at 22:23

    Thank you for giving this beneficial information regarding Average Salary Packages for Qualified CA. Along with you want to know about the Chartered Accountant salary in India then you can visit the official website

    ReplyDelete

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