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« New ICAI norms for financial instruments soon... | Q1 direct tax collections shoot up 50%... » |
Chartered accountants bag BPO jobs |
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July, 08th 2006 |
The Institute of Chartered Accountants of India (ICAI) has succeeded in placing 1,144 candidates from its campus interview this year. Business process outsourcing (BPO) companies got the major chunk of the pie with 334 candidates, followed by information technology companies that bagged 125 students. Maximum offer to 344 candidates were in the salary range of Rs 2.50 lakh per annum(pa) to Rs 4.99 lakh pa, though 20 candidates received offer of more than Rs 9 lakh pa pay package. Meanwhile, another six candidates got offers in the salary range of Rs 7.5 lakh pa and Rs 8.99 lakh pa and 147 candidates in Rs 5 lakh pa and Rs 7.49 lakh pa range. Among major recruiters were Progeon Ltd and Genpact(formerly Gecis) respectively bagging 163 and 160 candidates. Amongst other major recruiters were Tata Sons, Reliance Industries Ltd, ICICI Lombard and Tata Consultancy Services (TCS). In total, there were 102 companies that participated in this year's campus recruitment. In 2005, out of the 7455 newly qualified chartered accountants, 83 per cent opted for employment and 17 per cent obtained certificate of practice (CoP). ICAI has taken initiative to establish centres of excellence in Hyderabad, Mumbai, Delhi, Kolkata and Chennai. Land has already been acquired in Hyderabad and Delhi. The purpose of the centre is to undertake research activities, providing training and workshop programmes for members in emerging and to give impetus to academic activities.
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