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ICAI Campus Placement Programme for Newly Qualified Chartered Accountants

ICAI has been successfully organizing the Campus Recruitment Programme for the Chartered Accountants (CAs) twice a year. First campus programme in February-March for newly qualified CAs in Nov term of examination and the next in August-September for newly qualified CAs in May term of examination.

ICAI Campus Placement Programme
The Committee for Members in Industry (CMII) of the Institute of Chartered Accountants of India (ICAI) has announced that the next Campus Placement Programme for Newly Qualified Chartered Accountants (CAs) will be held in August-September, 2012 at 18 centres across India.

These eighteen campus interview centres are Ahmedabad, Bangalore, Baroda, Bhubaneswar, Chandigarh, Chennai, Coimbatore, Ernakulam, Hyderabad, Indore, Jaipur, Kanpur, Kolkata, Mumbai, Nagpur, New Delhi, Pune and Vapi.

Campus Twice a year: ICAI has been successfully organizing the Campus Recruitment Programme for the Chartered Accountants (CAs) twice a year. First campus programme in February-March for newly qualified CAs in Nov term of examination and the next in August-September for newly qualified CAs in May term of examination.

Preliminary Registration for May/Nov, 2011 Qualified CA Final: All candidates who have qualified in either May/November, 2011 or whose results were declared in revaluation/re-verification after 5th March, 2012 and they would complete their articleship and GMCS between 31st March, 2012 and 30th September, 2012 may fill up their initial details for validation of data from 1st July, 2012.

Submission of form for Newly Qualified CA Final: The candidates who have qualified CA Final exam in May, 2012 and others as mentioned above (May/Nov, 2011) may register i.e. submit the online form for campus placement from 24th July, 2012 to 28th July, 2012 at www.cmii.icai.org

Second time application for Campus: If the candidate has passed in November 2011/May 2011 and submitted his/her application for Campus Interviews held during Feb-March,2012/Aug-Sep, 2011 or earlier are not eligible for participating in Aug-Sep, 2012 Campus Interviews.

Non completion of articleship and/or GMCS: Where the candidates have qualified in May, 2012 final examination but their articleship and/or GMCS is not completing on 30th September, 2012 they shall be permitted to appear in the Campus Placement Programme to be held in February-March, 2013.

Second choice for placement: Candidates opting for centres like Ahmedabad, Bangalore, Chennai, Hyderabad, Jaipur, Kolkata, Mumbai, New Delhi and Pune shall fill in their second choice Online from the centres like Baroda, Bhubaneswar, Coimbatore, Ernakulam, Indore, Kanpur, Chandigarh, Nagpur and Vapi on placement portal www.cmii.icai.org

Fees for Registration: You have to pay a Non Refundable Registration fee amounting to Rs 1,000/- to apply for the Campus Placement Programme.

Dress Code: The candidates attending the Campus Placement Programme should wear the following dress as prescribed and approved by the Council for the Members of ICAI:

a) For Male Candidates: All male candidates who will attend the campus interview shall have to wear Indian National dress (i.e. a long buttoned up coat on dhoti or churidar pyjama) or full sleeves shirts with trousers and shoes.

b) For Female Candidates: All female candidates who will present in campus placement programme should wear saree or salwar kamiz or trousers and shirt.

Minimum Packages: The companies participating in the Campus Placement Programme to be held in August-September 2012 would have to offer the following minimum packages or Cost to Company (CTC) to Newly Qualified CAs:

A) At 6 campus interview centres viz. Bangalore, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi:
(i) CA firms employing members – Rs.3.00 lacs
(ii) Any other Company employing members – Rs.4.00 lacs

B) At other 12 campus interview centres viz. Ahmedabad, Baroda, Bhubaneswar, Chandigarh, Coimbatore, Ernakulam, Indore, Jaipur, Kanpur, Nagpur, Pune and Vapi:
(i) CA firms employing members – Rs.2.50 lacs
(ii) Any other Company employing members – Rs.3.25 lacs

Special Recruitment Window: A special recruitment window can be provided to the companies on the payment of Rs. 5,00,000 plus Service Tax at www.icai.org and www.cmii.icai.org . The window shall be kept live for 30days from the day of hosting.

Database of All India Merit List: Companies and CA Firms may get the database of All India Merit List along with contact details at the payment of the following charges:

A) Before the start of campus interview @ Rs.3,00,000/- plus Service Tax
B) After Campus interviews are over @Rs. 50,000/- plus Service Tax

NOTE: The Service Tax for this purpose would be 12.36%.

Analysis of Last ICAI Campus Placement Programme held in Feb-March, 2012

The previous campus placement programmes were held at 16 centres in the month of February-March, 2012. 76 entities including the corporate organizations and the Chartered Accountancy Firms have participated during the Campus Placement Programme with 129 Interview Panels.

In the previous ICAI Campus Placement Programme only 933 candidates were got the job offer out of total 9983 registered candidates for interview. That means the percentage (%) of jobs offered in relation to candidates who participated in Campus Placement Programme were 9.35% i.e. less than 10%.

However, in the Campus Placement Programme the highest salary offered for International posting was Rs. 25 Lakhs per annum and for Domestic posting was Rs. 14 Lakhs per annum. The smallest package i.e. the minimum salary paid was Rs 400000 p.a.

Candidates have been given two choices to meet the recruiting organisations. First at bigger cities and second (if the candidates has not been selected at bigger cities) at smaller cities.


Statistical Information of Campus Interview Feb-March, 2012
SL No.
Campus interview Centre
Total  Number of registered Candidates for Interview
Interview Teams
Jobs Offered
Recruited by Companies
1
Baroda
86
1
5
2
2
Nagpur
151
2
7
4
3
Coimbatore
104
4
10
10
4
Kanpur
174
3
13
13
5
Indore
174
3
15
15
6
Kolkata
614
6
21
20
7
Bhubaneswar
517
3
40
32
8
Chandigarh
384
6
45
40
9
Hyderabad
376
7
42
42
10
Chennai
750
12
50
47
11
Pune
895
8
63
56
12
Ahmedabad
1443
7
59
57
13
Jaipur
1086
6
71
69
14
Mumbai
3407
19
114
104
15
Bangalore
1240
16
137
121
16
New Delhi
3330
26
241
234

Total
9983
129
933
866
                         *Indicates the total figure of the candidates after merger from the smaller centres.


How to become a Chartered Accountant (CA)
Human resource is an essential and indispensable asset for achieving the goals and objectives of an organisation. Chartered Accountants (CAs) with their wide deeply knowledge, skills and practical training play a dynamic role as the key finance professionals in every organisation.

Chartered Accountancy Course is only one source to lead the whole finance world. There are 3 different levels of Chartered Accountancy Course viz. CA CPT, CA IPCC and CA Final.

Common Proficiency Test (CPT): The First and entry Level Test called Common Proficiency Test (CPT). It is a test of 4 hours duration comprising of two sessions of 2 hours each, with a break between two sessions. The test comprises of objective type questions only with negative marking for choosing wrong options.

Integrated Professional Competence Course (IPCC): The second level and the first Stage of theoretical education is named as Integrated Professional Competence Course (IPCC). In this stage students get the working knowledge.

Under the present scheme the period of articled training is three years. Students before joining for articled training are required to complete Orientation Programme and Information Technology Training (ITT).

Final Course: The third and last level is Final Course. In this Stage students get not only the working knowledge but an expert theoretical and practical knowledge in financial reporting, auditing and professional ethics, taxation, corporate laws, system control, strategic finance and advanced management accountancy.

After passing the Final Course and before becoming a member of the ICAI, students are required to complete a compulsory 30 days General Management and Communication Skills (GMCS) Course. However, GMCS Course has now been divided in two phase viz. during the first year of articled training and during the third year of articled training – for a period of 15 days each.

Apart from the above, the Institute also organises four weeks residential programme on ‘Professional Development Skills’ for students and members on optional basis.
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