CA plays an important role and is mostly responsible for handling Financial duties such as Tax Consultancy, Accountants & Finance Outsourcing, Auditing & Assurance, Accounting Services, and Financial Reporting. Chartered Accountants (CA) can also develop their career as a Finance Managers, Financial Advisers, Tax Accountant and many others depending upon their skills and field of specialization.
After completing the CA course, students can find various lucrative and high profile job opportunities in various sectors like Finance, Banking, Tax, etc in the private as well as government organizations. Apart from this, CA can also become an Entrepreneur and start their own Business.
See More: CA Course Details
The average salary one can expect to earn after the completion of the CA course as a fresher can be anywhere between INR 6 - 8 LPA. After gaining some years of experience and becoming expertise in the field, their salary can rise upto INR 40-60 LPA depending on his skills and experience. In the International Market, the average starting salary of CA is around INR 75 LPA. E&Y, PWC, Deloitte, KPMG, etc. are some of the well renowned and top-notch companies that recruit CA graduates.
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CA Jobs Quick Facts
- The main role of a well skilled Chartered Accountant (CA) is to handle various Financial and Accounting related tasks in different organizations.
- They perform several tasks such as Accountants & Finance Outsourcing, Auditing & Assurance, Tax Consultancy, Accounting Services, Financial Reporting and many others.
- There are multiple job prospects after completing the CA course. One can work as an Investment Advisor, Accountant, Financial Reporter, Financial Strategist, etc.
- To become a Chartered Accountant or CA one needs to qualify all the three levels of CA exams which are CA Foundation, CA Intermediate and CA Final.
- CA graduates are in high demand and CA is one of the most sought courses among the students in the field of Commerce because it opens a door to a wide range of highly paid job opportunities.
- As a fresher, the average salary in India CA can earn is around INR 6 - 8 LPA which can grow upto INR 40 - 60 LPA with experience and expertise.
- CA graduates can find lucrative job options in India as well as Abroad. Skilled and experienced CAs are mostly hired by MNCs with an average annual salary of UNR 75 - 80 Lakhs.
CA Top Recruiters
CA or Chartered Accountant are mostly hired by the top-notch and various Multinational Companies (MNCs) around the world. Some of the major companies that provide employment opportunities to the CA graduates are given below in the table chart:
| Deloitte | PriceWaterhouseCoopers (PWC) |
| KPMG | Ernst & Young (EY) |
| BDO International | Grant Thornton International |
| RSM International | SS Kothari Mehta & Co. |
| Lodha & Co. | Sahni Natrajan & Bahl (SNB) |
| Luthra & Luthra | Hindustan Unilever Ltd |
| Suresh Surana & Associates LLP | Suresh Surana & Associates LLP |
| C. Vasudeva & Co | Desai Haribhakti |
| Sr Dinodia & Co. LLP | TR Chadha & Co. |
| Khanna & Annadhanam | S Aiyar & Co. |
| Deewan PN Chopra & Co. | SP Chopra & Co. - P Chopra & Co. |
Also Check: CA Foundation Course
CA Job Sectors
CA is considered as one of the best professional courses in India in terms of high salary, job opportunities and scope in the future. A CA professional can easily find a lucrative and highly paid job in top-notch Multinational companies across the world such as Deloitte, KPMG, PWC, Hindustan Unilever Ltd, etc. After the successful completion of all the three levels of the CA exam, one can find jobs in several sectors tabulated below:
| Corporate Sector | Banking Sectors |
| Finance Sectors | Tax Consultancies |
| Auditing & Assurance Sectors | Outsourcing |
| Auditing Sectors | Educational Sectors |
| Investment Banking Sector | Mergers & Acquisitions Sectors |
| Insurance Sectors | Stock Broking Firms |
| Information Technology (IT sectors) | Manufacturing Companies |
Check out: CA vs CPA
CA Job Prospects
CA is a well known and highly reputable and accepted professional course offered by the ICAI. After the successful completion of the CA course (all three levels), candidates can land a variety of high profile job prospects and can also become an entrepreneur. One can pursue various high profile and reputable job roles depending upon their specializations and skills.
Some of the job prospects after completing the CA course are mentioned below in the table chart along with their job description and average annual salary in India.
| Job Profiles | Job Description | Average Annual Salary |
|---|---|---|
| Accountants | Accountants are responsible for a wide variety of finance-related tasks. They are primarily associated with preparing financial records. which oftentimes include organizing and maintaining financial records, preparing tax returns, computing taxes and ensuring statements are accurate. They also handle tasks which are tax related. | INR 2,49,492 |
| Auditing Experts or Auditing Specialists | Auditing experts 9r Auditing Specialists are responsible for examining and auditing a company's financial records so to ensure that the financial transactions are truthful and balanced. Their work is to show that the company is free of fraud and transparent in maintaining its financial records. Also they help the auditors in securing sufficient as well as appropriate audit evidence. | INR 3,64,298 |
| Taxation Experts or Taxation Advisors | Taxation experts or tax advisors are responsible for preparing all tax compliance, assisting in audits, and responding to tax correspondence. They look for ways to bring down the tax liabilities for clients. They also do the work of estimating taxes on different investment portfolios. | INR 6,74,232 |
| Accounting Managers | Accounting managers are responsible to manage and supervise daily accounting operations. They monitor and analyze accounting data and prepare financial statements. They also set up proper accounting principles, methods and policies. Also they ensure that financial records comply with laws and regulations. | INR 6,86,609 |
| Finance Manager | A Finance Manager is responsible for reviewing and interpreting financial reports, monitoring accounts, and preparing activity reports and financial forecasts. Theor work includes monitoring cash flow, budget planning, and maintaining the Financial Health of an organization. | INR 9,98,000 |
| Business Analyst | Business analysts are responsible for providing suggestions based on the insights from the data for the increased financial gain of the company. They conduct research and analysis to come up with solutions to business problems for their clients. Also they help their clients to improve their Business processes and systems. | INR 6,07,000 |
Also Read: CA Syllabus
CA Gender Breakdown
CA or Chartered Accountant is one among the highly rising courses among the commerce students. CA course is a highly demanding course and it is estimated that CA course are generally pursued by male candidates. Out of the total 100% of candidates pursuing the CA course, around 74.3% are male candidates while 25.7% are females. Given below in the table chart is the salary breakdown of the CA candidates based on their genders according to salary explorer.
| Gender | Average Annual Salary |
|---|---|
| Male | INR 3,62,400 |
| Female | INR 3,32,400 (8% less) |
Check out: Books for CA Subjects
CA Jobs FAQs
Ques. What are the jobs for CA?
Ans. There are a lot of job opportunities for the CA graduates in the field of Finance, Tax Consultancy, Accounting Services, Financial Reporting and many others. Some of the highly reputed jobs for CA are listed below:
- Internal Auditing.
- Tax Auditing.
- Forensic Auditing.
- Career in Accounting and Finance.
- Taxation Advisory (Both Direct and Indirect)
- Statutory Audit under applicable statutes.
- Managing Treasury function.
Ques. Is CA a high paying job?
Ans. In India, CA or Chartered Accountant is considered as one of the highest paying jobs. The average salary one can expect to earn after the completion of the CA course at the starting of their career can be anywhere between INR 6 - 8 LPA. However, after a few years of experience one can get a hike in their salary and it can be anywhere between INR 40 to 60 LPA and even more.
Ques. What is the work of CA job?
Ans. A Chartered Accountant or CA can find different kinds of jobs according to their specializations and expertise. Chartered Accountants (CA) are responsible for managing the finances of an entity, providing financial advice and helping out with money management.
Ques. How many years is the CA course?
Ans. CA is a 5-years professional Certification course offered by the The Institute of Chartered Accountants of India (ICAI). The CA course is divided into three levels of CA exams which are generally known as CA Foundation, CA Intermediate and CA Final.
Ques. What is the fee for the CA course?
Ans. The average fees for CA course for Indian students is around INR 10,900 which includes CA course registration fees which is around INR 9,000, INR 1,500 examination fees and INR 200 for Online Form fees. The average fees for the CA course varies depending upon the levels of the CA course which are divided into three.
Ques. Who is the No 1 chartered accountant in India?
Ans. Kumar Mangalam Birla is the No 1 chartered accountant in India. He is one among the most popular and successful Chartered Accountants in India. Kumar Mangalam Birla is a billionaire industrialist and is the Chairman of the Aditya Birla Group which is well renowned across the country.
Ques. Which sector is best for CA?
Ans. A CA or Chartered Accountant can work in various sectors depending upon their skills, knowledge and expertise. Some of the sectors which are considered as the best for CA are listed below:
- Audit and Taxation
- Project Finance/ Financial Advisory/ Mergers & Acquisitions
- Investment Banking
- Banking and Financial Services
- Outsourcing
- Academics
- Corporate Sector
Ques. Can CA work in the government sector?
Ans. Yes, CA can work in the government sector. Experienced and Skilled CA (Chartered Accountant) can easily find high profile and lucrative job opportunities in the government sectors. Government organizations recruit highly skilled and experienced CAs because of the various responsibilities like auditing, Finance management and reporting, taxation issues, business recovery, insolvency, accountancy, etc.
Ques. Can CA get a job in a bank?
Ans. Yes, CA can get jobs in a Bank. Any Chartered Accountant (CA) who meets the eligibility requirements for the Banking Jobs can apply for any Banking Exams such as IBPS exams or SBI Exams, etc. to apply for a job in a bank. One can join as an Audit Manager, Accountant, Finance Manager, etc in the banking sector.
Ques. In which country is CA highly paid?
Ans. According to several surveys and reports, Australia is the country where CA are paid the highest. The average salary of a CA professional in Australia is quite impressive which is around INR 56-57 LPA ($US75,000). The minimum salary of a CA professional in cities like Sydney and Melbourne is around INR 40-45 LPA which is quite high.
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