Chartered Accountancy (CA) in today’s world has become a high paid and respected job. To attain the dream of an ICAI (CA) career includes sheer hard work and dedication at all levels of education. As it is rightly said hard work is the key to success and there is no short cuts to this success.
Every student who aspires to have a CA career one has to accept all the challenges. They lead their way through the path of endurance without which there is no other way of achieving the dream. In this article, we shall enlighten CA aspirants about the Career & Job Opportunities CA.
The basic CA jobs involve accounting, auditing, financial planning, and taxation. It is like the tiny baby step towards a rewarding journey in the field of finance, fund management, investments and financial consultancy.
Mostly CA career starts with basic auditing jobs in companies, it gives huge insights into the complications of finance where students finally understand the difference between the theoretical and practicality of the subject matter. As a decision maker in the company, one can be at the position of fund manager and investment consultant.
Job opportunities CA – In various sectors
CA jobs have scope in areas of public and private banks, public limited companies, the big 4 auditing firms and other firms as well, investment companies, finance companies, mutual funds, stock broking firms, portfolio management companies, legal firms, patent firms, trade mark and copyright registers.
In case one has entrepreneurial skills and has sound technical knowledge can start a firm of his/her own. Furthermore, those who are searching for ample growth opportunities can divert to the knowledge process outsourcing (KPO) industry. The roles offered there are much more challenging and will have great learning experiences involved. One can specialize in any field of choice ranging from accounting to legal and allied services.
In case one is looking for government jobs for CA, there is a high demand for chartered accountants in government organizations such as banks. The state banks and central banks are one of the leading organisations in the government sector who look for qualified CAs. Gas Authority of India limited (GAIL) is one of the sort after organisation in this sector of government jobs for CAs.
Other organisations such as Metro Rail Corporations Limited and Life Insurance Corporation limited (LIC) also provide good scopes for CA careers. In case of giving an instant boost to the career, one can also opt for Union Public Service Commission (UPSC) exams. But then there the candidate has to rigorously prepare again for the tests and interviews.
Job opportunities CA – In terms of CA Salary
In terms of pay packages provided, for a fresher, the package starts from 4-4.5 lakhs p.a. The salary of a CA depends primarily on two dimensions and that is the firm at which he/she is working or has worked and second the number of years of experience gained. Primarily a big four company (Deloitte, Ernst & Young, PricewaterhouseCoopers, KPMG ) pays around 6-7 lakhs p.a.
In case of government jobs for CA most of them either get a scale II or scale III pay depending on the position. Currently, the industry average for a CA is around 7, 26,100 p.a. Furthermore, the highest paid skills in these cases are financial advisor and auditing, accounting and strategic accounts and budget management with around ten years of work experience.
Few Important Links for CA Students
|CA IPCC Syllabus||CA IPCC Registration||CA IPCC Exam Dates|
|CA IPCC Papers & Mock Tests||CA IPCC Study Plan||CA IPCC Suggested Answer|
|CA IPCC Revision Test Papers||CA IPCC Study Material||CA IPCC Important Dates|
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