With the rapid growth in the financial sector, New bank license issued to NBFC and the legal and organized framework of every sector has created much scope for CA professionals in India.
With the new revised syllabus and introduction to technical training has also inherited the skills to get acquaintance with the technology that drives any industry, in an organized framework. These skills have made this profile even more imperative.
With ICAI signing MoU with Australian universities and on the verge of signing MoU with Dubai and east countries, doors are opened at international platforms too. ICAI has agreed to educate the professionals according to international standard and could witness a lot many CA flying off to those countries in prospects. The average salary of CA working abroad ranges out more than 75 lakh per annum.
The Chartered Accountant according to survey in 2018 is, paid the average hourly salary of Rs 500 (ranging from min of Rs 150 to Rs 2000 ) monthly average salary rs 55000(ranging from min of rs 10000 to 1,50,000).
After completing the course, CA gains expertise in various departments of Accounting. At the end of the course, everyone possesses the skills to work in a different department. The skills CA possess on :
|Evaluation and management auditing|
|SAP financial accounting and controlling|
After completing the CA course, there is various job profile available for them. From being a company CFO to Account Executive, there are many options where CA can serve his services and create and build strong recognition for himself and for his organization. Various Job profile available for CA in India are
|Assistant account manager|
|Senior account executive|
Where Can CA render services?
“What is the Scope of CA in India as a career option?”
If this question is daunting your mind then, relax and read this article till the end to know that your membership as CA is” Running show “for you.
CA can render his services through various channels. As CA is a qualified person to take care of your finances, he becomes the key person for any organization that can be either government institution or private corporates.
In the process of acquiring a professional certificate of CA, he identifies the need for proper guidance and coaching facility to the everlasting job; hence he can have scope in educational services also
Private Corporates: Apart from big 4s, there are many private firms in every sector of economy hire CA with a decent salary.
Government Job: The finance department, development authority or any other department requires an efficient financial expert to take care of accounts books in the legal and auditor framework.CA gets this room to manoeuver his skills under being a public servant.
CA firms: The demand for skillful and earnest CA is so intense that there are many big and small CA firms, fully committed to providing CA services and consultancy, throughout India.
Education and coaching services: “CA course is a hard nut to crack.”This line is witnessed by all the students, working hard to clear CA exams and meet their dreams. During the process of acquiring their dreams, they recognize the need for proper coaching and guidelines to help many other CA aspirants.
one such story is MCC.
In their best humanitarian cause, they can start their CA coaching in India to help a new array of CA to reach their goal in a much more accessible and successful method.
Be a brand of yourself!!! If you want to make a name for yourself, if you are the one who has entrepreneurial instinct and has a hard time working for others, then CA membership gives you this door to explore your potential and create your name in the industry
You can charge fees, commission for your services offered as CA consultant or auditors
CA is lucrative and scalable career hence it attracts around more than 1 lakh applicant every year. The gravity of this profession has skewed the passing rate, to such an extent that we get only 9% of an applicant who clears all their levels in one go.
So if you are a hardworking candidate and are passionate and interested in the monetary and financial aspect of the business then go ahead and chase your dream. CA Scope and Salary is great and this course is best fit for personal and professional growth.
We wish you all the best for future
Keep yourself healthy and blossoming.