Slowdown or not, CAs are in big demand across sectors

Tags: News
Be it economic upturn or slump, auditors are always in demand to manage finances — either to handle crisis or leverage opportunity. And now The Institute of Chartered Accountants of India (ICAI) seems keen on cashing in on this factor to get its young pass-outs hired by large Indian and multinational companies through campus placements.

ICAI, through its committee for members in industry (CMII), will be organising campus placement programme at 16 different locations in the country between March 11 and 15. There will be another round of campus placement during August-September. ICAI seems well set to strengthen its campus placement drive.

Some of the leading companies like Tata Consultancy Services (TCS), UTI Asset Management Company, Credit Suisse Services India, MphasiS an HP Company, Indian Hotels Company, Tega Industries & Universal Sompo General Insurance Company have already confirmed their participation for the placement programme. Efforts are on to bring in more large companies.

“This is an excellent opportunity for topline Indian companies to recruit the finest minds in the accountancy space. For budding chartered accountants, the campus placement programme means they can start their career on a high note and get exposed to managing finances of some of the biggest companies and conglomerates. We expect strong response from Indian industry this time round,” said Tarun Jamnadas Ghia, chairman, CMII, ICAI.

In 2013, as many as about 120 companies comprising of 220 interview panels participated in campus placement programme during both the placement seasons across the country and as many as 1600 candidates were offered jobs by leading Indian firms. The firms, which hired chartered accountants through campus placement in 2013, mostly belonged to industries like information technology, financial services, oil & gas, refining, banking, BPO, telecommunication, mining, FMCG, agro, to mention a few.



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