You are on page 1of 8

Career Options

Advertising, Film, Media & Mass Communication


Careers in Media Careers in Film & TV Careers in Mass Communication Career as DJ Careers in Multimedia

Arts, Law & Language


Careers In Arts Careers in Language Careers in Linguistics Careers in Teaching Careers in Performing Arts

Banking, Finance & Commerce


Careers in Commerce Careers in Investment Banking Careers in Taxation Careers in Forensic Accounting Careers in Financial Analysis

Fashion, Textile & Accessory Design


Careers in Footwear Design Careers in Fashion Merchandising Careers in Textile Design Careers in Accessory Design Careers in Jewellery Design

Management
Careers in Management Careers in Supply Chain Management Careers in Quality Assurance Management Careers in Logistics Careers in Disaster Management

Medicine, Health Care & Pharmacy


Careers in Health Care Careers in Medicine Careers in Unani Medicine Career as Paramedics Careers in Pediatrics

Physical Education & Sports


Careers in Sports Careers in Athletic Training

Professional
Careers in Office Administration Careers in KPO Careers in BPO

Science & Engineering


Careers in Botany Careers in Science Careers in Engineering Careers in Microbiology Careers in Petroleum Engineering

Tourism, Hospitality and Aviation


Careers in Aviation Careers in Hospitality Career as Ticket Agent Career as Holiday Consultant Career as Tour Operator

Careers in Commerce
Commerce is one of the three fundamental academic streams, the other two being humanities and science. While pursuing a course in the field of commerce, one acquires the knowledge of business or trade, nature and fluctuations in market, basics of economics, fiscal policies, industrial policies etc. The concept of commerce consists of a wide range of interdisciplinary branches including Accountancy, Business Administration, E-Commerce, Finance, Economics and Marketing. Since the Indian economy is one of the fastest growing economies among the third world countries, the need for talented professionals, who can contribute towards the growth of the economy, is increasing. To serve the purpose, many commerce colleges in India are imparting quality education. A commerce aspirant can pursue course related to the field at any of the colleges and work in organizations that deal with finance and commerce. Course Several commerce colleges and institutes in India are imparting courses in the field of commerce at the undergraduate and postgraduate levels. At the undergraduate level, one can pursue Bachelor of Commerce (B.Com), a three-year full time program and Master of Commerce (M.Com), at the postgraduate level. To be eligible for undergraduate course, the candidates have to pass 10+2 level examination in commerce stream, from any recognized state/national Board. For the PG level program, one should have done Bachelor of Commerce (B.Com), from any statutory University/Institute. Details

Related Courses
B Com M Com

Career Prospects After completing course in the field of commerce, a student can join any private or government organization as a specialist in any of the streams of commerce, such as economics, accountancy or work as management executive, accounts executive, junior accountant or pursue a career in auditing or banking. Institutes Offering Some of the top commerce colleges in India are Shri Ram College of Commerce (SRCC) Delhi, Loyola College (Chennai), St Xavier's College (Kolkata), Presidency College (Chennai), Symbiosis Society's College of Arts & Commerce (Pune), St. Joseph's College Bangalore, Narsee Monjee College, BM College of Commerce (Pune) and St. Xavier's Mumbai. Remuneration Remuneration in the field of commerce largely depends upon the standard of organizations and the area of specialization. Private and government organizations have their own policies regarding salary of professionals working in the field of commerce.

Report typo or correction

Career Options in Banking, Finance & Commerce


Careers in Investment Banking Careers in Forensic Accounting Careers in Banking Careers in Taxation Careers in Financial Analysis Mutual Fund Careers

Careers in Insurance Career in Cost and Work Accountancy Career in Capital Market

Career in Chartered Accountancy Company Secretary Career

Careers in Investment Banking


Investment banker is a person who helps an organization to raise its funds, by doing thorough study of the market trends, risk involved in investments and the prevalent economic conditions. An investment banker provides wide-range of services including endorsing securities, trading of stock and bond, facilitating mergers and acquisitions, maintaining broker-dealer operations and providing financial guidance regarding pricing of securities, issuing and placement of stocks. The job requires detailed research work prior to any investment. Dedication, commitment, hard work, devotion is necessary to excel in this field. A proficient investment banker can fetch high returns to the company. One has to be enthusiastic, passionate, pro-active, quick decision makers and should be able to handle difficult circumstances with ease, to become a good investment banker. Course Courses in the field of investment banking are conducted at under graduate as well as at post graduate levels, in the field of investment banking. Diploma and certificate courses are also offered by some institutes. Minimum qualification for under graduate program in investment banking is 10+2. For post graduation, one has to be a graduate in the relevant field. Workshops are conducted by many institutions. The course provides detailed overview of work conditions and job requirements of an investment banker. Details

Related Courses
B Com M Com

Career Prospects Investment banking is one of the most popular career options among the youth of India, since it is a money-spinning job that provides opportunities to grow. Numerous opportunities are waiting for specialists in this field. Banks are always in need of skilled investment bankers, who can contribute more towards the growth of the organization. With globalization, the scope of investment banking has widened. Institutes Offering In the current scenario, career as an investment banker can be a good option. Several institutions are now offering training and education in this field. Some of the prominent institutes are Institute of Chartered Financial Analysts of India University (ICFAI) (Tripura) and The Society of Certified Investment Bankers, (Hyderabad). Remuneration A beginner can earn anywhere between Rs20000-Rs30000 per month, in the field of investment banking. With experience, an investment banker can get higher salary package.

Careers in Forensic Accounting


Forensic accounting involves legal investigation and analysis of financial documents of any firm or client, who is involved in a legal dispute. A forensic accountant is an experienced auditor, who acts as a watch-dog of accounts of a company, in order to keep a check on the frauds. His/her job is to determine the accuracy of financial statements of an organization. With the growing number of fraud cases, the demand of good forensic accountants is on a rise. The job of a forensic accountant is quiet challenging. It requires commitment, loyalty, and devotion. Understanding of psychological theories, analytical/investigative skills is a must for the person. His/her conclusion should not be based on any assumption or opinion. Proper research work and detailed study of accounts is required to draw a fair and unbiased conclusion. Keeping in view of the increasing demand for forensic accountants, many institutes in India are offering courses to build a career in the same. Course Forensic accountant is a specialist, who needs to possess in-depth knowledge and understanding of business reality and the working of the legal system in India. Numerous programs are offered at under graduate as well as at post graduate levels. Considering the increase in incidents and diverse nature of forgery in the documents, specialized certificate programs have also been started. Details

Related Courses
B Com M Com

Career Prospects Forensic accounting offers wide range of scope for people, who possess sound knowledge in financial procedures and have investigative skills. One can find a job with clients, who are charged with allegation of fraud against the government, public, or private business, or a fraud involving insurance claims, real estate, investments and financial instruments. The proficiency of a forensic accountant is used to detect any financial crime. A person can utilize his/her forensic accounting skills to solve divorce disputes, business carelessness investigation claims, and personal injury claims. Forensic accountants are also hired by accounting companies. Numerous government agencies like the FBI, IRS, CIA, and local government offices at times require their services. Institutes Offering In the current scenario, career in forensic accounting has emerged as a lucrative option in India. Several institutions are offering training and education to become a good forensic accountant. The Institute of Chartered Accountants of India is among the few, which conduct certificate course on forensic accounting and fraud detection. The Institute of Chartered Financial Analysts of India University Tripura also offers post graduate diploma program in forensic accounting. Remuneration Forensic accounting is one of the highly paid jobs in India. A beginner can earn a salary between Rs. 25,000-30000 per month, while an experienced person can earn a lot more than that, probably in six figures.

Careers in Banking

Banking is one of the most important career choices among students because it is well paid, secure and high status career. Though it may appear that these jobs are meant for commerce/economics students but the fact is that majority of bank officers are from different streams of education like Arts, Science and others. The all round demands for professionals has made banks: Public Sector, Foreign and Multinational to recruit more and more MBA graduates, CAs and CFAs to enhance efficiency. Nevertheless bright graduates from any subject can get entry in the Public sector Banks through an All India Examination conducted themselves by banks. Emergence of technology-driven new private banks and entry of Financial Institutions into short-term lending business has created the requirement of more professionals. Now banks are in the mutual funds, securitization business, and credit cards, consumer loans, housing loans besides trading in gold and forex activities. Career Prospects Public sector Banks recruit mainly graduates for Clerical and Probationary Officer posts on the basis of All India Level examination. However professionals like engineers, doctors, technologists, lawyers, ex-defence officers etc are recruited on senior positions through All India tests. Graduates with commerce/economics are desirable candidates but any one from any stream can enter into this service by qualifying the exams conducted by banks. Private sector/Foreign Banks prefer to take MBAs, CAs, CFAs etc at junior positions through Campus recruitment and interviews. However, at the senior positions they opt for experienced bankers. Thus the officers from Public sector Banks become the natural choice for such positions. Besides academic background banks generally look for good communication skills, good interpersonal skills, and the ability to deal with customers, an alert nature, and basic knowledge of the industry. However to join foreign or private sector banks at higher than entry level one needs specialisation in some specific areas like project analysis, credit appraisal skills, managing huge loan portfolios and foreign exchange. Good computer knowledge is also always preferred. Remuneration Most Public sector banks clerks can get around Rs 10,000 - 12,000 while officers can begin in the Rs 12000 - 18000 per month scale. Professional like MBAs, CAs and CFAs recruited by public sector banks can have higher salary. But same professionals recruited by private and foreign banks are given pay packages to the extent of about Rs 25000-30000 a month.

Careers in Insurance
In the liberalization era the Indian insurance industry has witnessed exceptional growth with participation of both public and private sectors players. There are many public and private players both in the field of life and non-life insurance business. The major government companies are Life Insurance Corporation of India (LIC), General Insurance Corporation (GIC) and Postal Life Insurance. Private players like Om Kotak Mahindra, Birla Sun-Life, Tata AIF Life, Reliance, HDFC Standard Life-Insurance Co., Max New York Life, Royal Sundaram, Cholamandalam, IFFCO Tokyo and Tata AIG are also there. This sector not only provides a protective shield to the lives and assets of the nation but also generate thousands of jobs and career opportunities. Course Details To pursue a career in the insurance industry, one has to pass the entrance examination conducted by the Actuarial Society of India, Mumbai. Students who have passed 10 + 2 or equivalent exam are eligible. License is needed to work in this field which can be achieved through a training programme. Insurance Institute of India conducts Licentiate, Associateship and Fellowship plus other training programmes for insurance services. Career Prospects Post-graduates in any discipline can be recruited as Asst. Administrative Officers through the recruitment exam conducted by the insurance companies. Graduates can apply for Development Related Courses Officer in insurance companies whose main task is to market and Diploma procure business. Besides this people who are certified by Certificate Course Actuarial Society of India can be an insurance agent. They are the people who advice the individuals and enterprises about insurance protection to their health, life and properties and sell the policies to provide protection against financial loss. Depending on their educational qualification and strengths, the agents have a good chance of becoming an employee of the company. Insurance agencies also employ independent professionals like mechanical engineers and doctors as insurance surveyor to access the actual loss and avoid the false claim made by insured. The post of Assistants, Typists, Machine Operators, Stenographer, Telephone Operators, Clerks etc. are open to graduates and school-leavers and the age limit is between 18 to 25 years. Institutes Offering Actuarial Society of India, Mumbai; Amity School of Insurance and Actuarial Science, Noida; Birla Institute of Management & Technology, New Delhi; College Of Insurance, Mumbai; Institute of Insurance & Risk Management, Hyderabad; International Institute for Insurance and Finance, Hyderabad; International School of Actuarial Sciences (ISAS), Hyderabad; National Insurance Academy, Pune; The ICFAI School of Finance and Management, Hyderabad etc Remuneration The pay scale in the government sector is as per government rules depending on each position. In the private sector, the salary scales are more lucrative. They take in management graduates to work mainly in the areas of marketing and sales with an initial salary ranging from Rs 15,000 to Rs 25,000 per month. Commissions are the most common form of compensation for insurance agents and the amount depends on the type and amount of insurance sold. Earnings of surveyors depend upon nature of work and assignments.

Career in Cost and Work Accountancy


In the era of liberalization and market-driven economy, demands of quality professionals are on upswing. Among many Career Options such professionals are Cost and Work Accountants (CWA). Their main role is to frame business policy of a company and Advertising, Film, Media & Mass to give a prognosis for projects to be undertaken based on past and present financial performances. In this way, Cost Communication Accountant can facilitate strategic decisions in respect of diverse economic activities of an organization. Arts, Law & Language Course Details Fashion, Textile & Accessory Design Institute of Cost and works Accountants of India (ICWAI) promotes, regulates, and develops the profession of Cost Accountancy in India. The ICWAI examinations are held in three stages: Foundation, Intermediate and Final. A candidate Management may appear for the Foundation examination after passing 10+2 examination. Graduates in any discipline are eligible for Medicine, Health Care & Pharmacy direct admission to Intermediate course of minimum of 18 months. After this, a candidate is eligible for admission to Final Physical Education & Sports Course, which takes a minimum of 18 months to clear it. Candidates passed in final examination with a minimum work Professional
Banking, Finance & Commerce

experience

of

three

years

are

eligible

to

become

members

of

ICWAI. Science & Engineering


Tourism, Hospitality and Aviation

Career Prospects In the present scenario, CWAs are in great demand in private enterprises, government sector, banking & finance sector, developmental agencies, education, training & research sector as well as in service and public utility sector. Because of Universities in India their quality training, they can hold even top management position in private enterprises like Managing Director, Finance Director, Financial Controller, Chief Accountant, Cost Controller, Marketing Manager and Chief Internal Auditor. Options Andhra Pradesh are also open to CWA to directly register in M.Phil and Ph.D. courses in commerce as decided by the Association of Indian Tamil Nadu Universities. All India Council for Technical Education decided that Fellow members of ICWAI will be treated at par with the Assam persons holding Ph.D. degree for appointment in the posts of Professor and Lecturer in Professional and management Delhi Institutes. CWAs also can enter into Cost Accounting Services of the Central Govt. Besides this, CWAs can take up their Gujarat independent practices. The types of service that practicing CWAs can offer are varied. Certified CWAs can maintain cost Himachal Pradesh accounting records, and do cost auditing for companies. CWAs also can certify import and export documents under the Karnataka Exim Policy. They can do excise audit and can act as a trustee, executor, administrator, receiver, valuer, etc.
Kerala

Institutes Offering Madhya Pradesh The Institute of Cost and Works Accountants of India is the only statutory body of Government of India conducting and Maharashtra regulating the CWA course in India. The institute has four regional Centres at Mumbai, Calcutta, Chennai and New Delhi. Punjab
Uttar Pradesh

Remuneration Uttarakhand Cost and Works Accountancy is a profession where returns are quite high be it public, private sector or own consultancy firm. Salaries of CWA employed in public or private sector companies vary depending upon qualification and experience. Average salaries at junior level are 10000 to 15000 per month while a senior most CWA can expect to get 30000 to 35000 Latest in Banking & Finance per month in domestic markets. Cost and Works Accountants who are engaged in consultancy and private practice are Forums also earning handsome returns depending upon the numbers and kinds of clients they have.
Report typo or correction Chartered accountants salary Bank PO salary

Salary package of company secretary

NABARD Assistant Manager Online

Career Options in Banking, Finance & Commerce


Careers in Commerce Careers in Taxation Careers in Financial Analysis Mutual Fund Careers Career in Chartered Accountancy Career in Capital Market Careers in Investment Banking Careers in Forensic Accounting Careers in Banking Careers in Insurance Company Secretary Career

Recruitment 2010 Banking and finance salary Indian Bank recruitment 2010

Nursing Colleges in IndiaEducation ForumsUniversities in India Entrance ExamsColleges in India


Nursing Colleges in Amritsar Nursing Colleges in Thrissur Nursing Colleges in Chandigarh Nursing Colleges in Chennai Nursing Colleges in Coimbatore Nursing Colleges in Jalandhar Nursing Colleges in Ludhiana Nursing Colleges in Moga Nursing Colleges in Mumbai Nursing Colleges in New Delhi Engineering Science Medical Science Pharmacy Banking & Finance Annamalai University Anna University Mass Communication

Madurai Kamaraj University University of Madras Mumbai University Nagpur University Pune University Aligarh Muslim University Allahabad University Banaras Hindu University HP CMAT IIFT Entrance Exam Kurukshetra University MBA Entrance IBSAT Exam NMAT Entrance Exam BIMT Admission Test BCECE Exam JNU CBEE Colleges Agriculture

Architecture Colleges Ayurvedic Colleges Commerce Colleges Dental Colleges Engineering Colleges Law Colleges MBA Colleges Medical Colleges Nursing Colleges Copyright Education in India | Disclaimer

Career in Capital Market


Liberalized Indian economy has opened up the capital markets for domestic as well as foreign investors. Due to the heavy flow of capital into the capital markets and its steady growth there are many employment opportunities in this sector. Besides this coming of private players and many financial institutions into the capital markets has further widen the scope of employment here. Capital markets comprise of stock exchanges and mutual funds. As this is one of the fastest growing area in Indian economy here we can see more job opportunities. Mutual Fund industry is playing an active role in the capital market today and is one of the fastest growing industries. Courses Detail Job in capital markets is best suited to people from commerce and economics background. However anyone from any stream of study can enter into this field. The minimum qualification is a NSE's Related Courses Certification in Financial Markets (NCFM). National Stock Exchange (NSE) has a facility for testing and certification by B Com CA launching NSE's Certification in Financial Markets (NCFM). NCFM ICWA is an online testing system, a revolutionary concept in administration of examinations and the only one of its kind today in the country. It has been specified by SEBI that all brokers/dealers in the stock market have to mandatorily obtain the NCFM certification. SEBI has made mandatory for any entity / person engaged in marketing and selling of mutual fund products to pass AMFI certification test (Advisors Module) and obtain registration number from AMFI. This certification remains valid for 5 years from the date of the test. Career Prospects Graduates having the AMFI certification can work as Business Development Managers / Relationship Managers / Advisors for the marketing and distribution of the

mutual fund schemes. Relationship Managers / Advisors assist investors in their financial planning by recommending them ideal investment portfolio and build a customer relation. Likewise graduates having NCFM certification can work as an assistant to stock broker or become an independent stock broker. Graduates also can choose to be agent/advisor/distributors and sell various schemes launched by mutual funds. Besides highly qualified professionals from Commerce, Economics, Finance, Mathematics and Management background are required as Fund Manager or Portfolio Manager who decides about the investment of the fund's underlying securities (money received from investors for investment), realizing capital gains or losses, and collects the dividend or interest income. There are also wide job opportunities in capital markets for Chartered Accountants, MBA Finance, Financial Analysts, Economics Masters, and Statistics Masters. Besides people with deeper knowledge in the working of capital markets can choose consultancy as a good option. Remuneration Capital market is a lucrative field for youngsters because it is highly remunerative. The income of share market brokers and mutual funds agents depends upon the number and type of scheme they sold to costumers. But it can be expected that they can easily earn Rs 1 lac to Rs 1.5 lac per annum with little effort. The remuneration of highly qualified professionals is even more depending upon the nature of the company they work with. Expected salary of CAs, MBAs, and CFAs can be within Rs 3 lacs to Rs 6 lacs. The private finance planner/advisors are earning good returns out of their consultancy service in capital markets.

Careers in Taxation
Taxation is a process of imposing financial charge (tax) on the citizens who earn taxable income. Tax is levied upon the tax payers by the Central Government, State Government or any authority of a state, such as the Municipality or the Local Council. Tax collection is an important role of the government, because the tax paid by the citizens forms its integral source of income. Commerce graduates and post graduates are generally hired for jobs in the field of taxation. Many institutes in India are conducting courses in the field, to produce competent professionals who can work in the field of taxation. Course Many colleges and universities in India are conducting courses in the field of taxation, at diploma and certificate levels. To pursue the undergraduate level courses, the aspirants must have passed Higher Secondary Certificate Examination or 10+2 from any recognized state/national Board. To be eligible for the PG courses, one has to complete graduation in the relevant stream. Details

Related Courses
B Com M Com

Career Prospects Public sector undertakings are always in demand of efficient professionals who can deliver good performance in the field of taxation. The aspirants can join any related organizations as Tax Accountant, Employment Tax Specialists, State Local Tax Attorney specialists, Tax Policy Analyst, Tax Recruiter, tax advisor, Tax Manager, Tax Examiners, Collectors, Revenue Agents etc. Institutes Offering Many educational institutes in India are offering education in the field of taxation. Some of the prominent institutions are Annamalai University, Nagpur College of Taxation, Institute of Chartered Accountants of India and Indian Institute of Taxation. Apart from this, commerce colleges have included taxation as an important part of their curriculum. Remuneration Remuneration in the field of taxation varies from one organization to the other. However, beginners can earn a salary of Rs 200000-Rs500000 per annum.

Careers in Financial Analysis


Financial Analyst is a person, who on behalf of his/her clients, analyzes and studies the financial data and further guides them about their investments. A financial analyst critically scrutinizes the details of the company, in which his/her client wishes to invest. For the purpose, he/she studies their financial reports by having direct, one to one conversation with officials of the organization and experts of the industry. Detailed report of the findings is prepared in order to draw a conclusion regarding the purchase and selling of the companys stock. An financial expert may even have to analyze a merger or take over of an organization. To become a good financial analyst, one has to be dedicated, determined, focused and hard-working, because he/she can not afford to be wrong in the research work. Apart from this, numerical skills, patience, logical interpretation of facts and good communication skills also play a vital role to become a financial analyst. It is a job of a specialist, who always needs to be on his/her toes in order to meet the deadline. The profession of a financial analyst demands long working hours and at times, multi-tasking as well. A good financial analyst should be able to accomplish a complicated task with ease. Course To become a financial analyst, one can opt for a degree program in business, accounting, statistics, or finance at under graduate level or a business administration program at post graduate level. He/she should have studied mathematics, computers or social science as compulsory subject at the undergraduate or 10+2 level. Related Courses The knowledge of preparing spreadsheets, Hyperion Essbase, MS CA office or other analytical tools is necessary for those who aspire to become financial analysts. A course like Chartered Financial Analyst (CFA program) is especially designed for financial analysts. All the above mentioned programs and awareness of business news would help to develop Details

an

aptitude

towards

the

job.

Career Prospects A career in financial analyst offers ample opportunities at junior as well as senior level. One can specialize and can expect a good career as any one of the following - Budget Analysts, Credit Analysts, Investment Analysts, Mergers and Acquisitions Analysts, Money Market Analysts, Ratings Analysts, Risk Analysts, Security Analysts, Tax Analysts, Chartered Accountant trainee and Wall Street Analysts. Job options in this field are not restricted to India itself, bright future prospects are available overseas. Banks and reputed firms are always in need of good financial analysts. Institutes Offering Various institutions all over the India offer specialized training and programs for financial analysts. Some of the reputed institutions are Birla Institute of Technology and Science (Rajasthan), Narsee Monjee Institute of Management, (Mumbai), International Management Institute (New Delhi), SP Jain Institute of Management and Research (Mumbai), Xavier Institute of Management, (Bhubaneshwar), ICFAI Business School (Kolkata, Chennai, Ahmedabad, Bangalore, Mumbai), The

ICFAI

University

(Hyderabad).

Remuneration A beginner can expect a salary between Rs15000-Rs20000 per month. An experienced person can earn a lot more.

Mutual Fund Careers


Mutual Fund industry is playing an active role in the capital market today and is one of the fastest growing industries. Mutual funds industries offer multiple career options to the youths irrespective of their academic subjects. Graduates from arts, science and commerce can easily find a job in this promising and growing sector. Further, coming of private players and many financial institutions into the mutual funds markets have further widen the scope of employment in this sector. Course Details To start a career in mutual fund, the minimum requirement is a certification (Advisor Module) and a registration number from the Associations of Mutual Funds in India (AMFI). SEBI has made mandatory for any entity or person engaged in marketing and selling of mutual fund products to pass AMFI certification test (Advisors Module) and obtain registration number from. This certification remains valid for 5 years from the date of the test. Anyone irrespective of age and profession can obtain this certificate by qualifying the test conducted by AMFI.

Related Courses

Career Prospects Certificate Course Graduates having the AMFI certificate can work with many public and private sector mutual funds. They can join as Manager, Relationship Manager and Advisor in mutual funds and work for marketing and distribution of mutual funds schemes. One can also work independently as a mutual fund agent or financial planner by suggesting ideal policy to customers. Institutes Offering The Associations of Mutual Funds in India (AMFI) is the only institute in India which offers certificate courses in mutual funds. Securities and Exchange Board of India has made it mandatory for persons or entity associated with mutual fund industries to obtain a certificate and registration number from AMFI. Remuneration Mutual Funds industry is a promising field for youngsters because it is highly remunerative. The income of mutual funds agents depends upon the number and type of scheme they sold to costumers. But it can be expected that they can easily earn Rs1 lacs to Rs 1.5 lac per annum with little effort. Those who are working with various mutual funds can earn Rs 10,000 to Rs 25,000 per months.

Career in Chartered Accountancy


With rapid growth in Indian economy, Chartered Accountants are in great demand. Chartered Accountants/CA usually occupy high and respectable posts in a given organisation. They are the ones responsible for handling accounts and finance related matters, deal with money management, prepare, analyse and audit accounts along with providing financial advice. Course Details There are three levels of Chartered Accountancy Course in India. Common Proficiency Test is an entry-level programme. A student can appear (CPT) after appearing in the Senior Secondary Examination. The second stage is Professional Competence Course (PCC), articled training, and 100 hours of Information Technology Training (ITT). The third level is the Final Course to which students is registered after clearing PCC. Students may also undergo General Management and Communication Skills Course (GMSC) while undergoing Final course or after that. After passing, the final examination students are eligible to enroll with the Institute of Chartered Accountants of India to become Chartered Accountants. Career Prospects Professional Chartered Accountants have the option to be appointed as auditors of companies. They can also serve as a management and corporate caretaker. They can also indulge in their private practice of audit and consultancy. The consultancy work is becoming more and more profitable now a days. It involves Financial Accounting, which includes operating accounts, supervising, controlling and organizing income and expenditure and coping with taxes. Chartered Accounts also can take private audit as their profession. It involves verifying books and accounts and issuing certificate about the company's financial state. The other areas of consultancy are cost accounting that includes working out cost of a particular operation as well as minimizing costs and future forecasting. Tax Management is another type of consultancy taken up by Chartered Accountants. It requires minimization of incidence of direct and indirect taxes using legal means. Besides this, Chartered Accounts often indulge in providing consultancy services in the fields related to finance and accounts. They can efficiently provide services in areas like corporate law advice, project planning and finance, amalgamation and business advice. Institutes Offering The Institute of Chartered Accountants of India is the apex regulator of profession of C.A. in India. Having headquartered in Delhi it has four regional offices at Mumbai, Chennai, Calcutta, and Kanpur. There are 87 branches within the country and 9 chapters outside the country that enroll, conduct exam, train and grant certificate of practice to C.A. Besides there are other institutes that offer C.A. courses in India: Badruka Institute of Professional Studies, Kachiguda (A.P.); J.G. College of Commerce, Ahmedabad; Allahabad Degree Collage, UP; Agrawal P.G. College, Haryana; A.V.S. College of Arts and Commerce, Salem and many more. Remuneration Chartered Accountancy is a profession where returns are quite high be it public, private sector or own consultancy firm. Salaries of C.A. employed in public or private sector companies vary depending upon qualification and experience. Average salaries at junior level are 10000 to 15000 per month while a senior most C.A. can expect to get 50000 to 60000 per month in domestic markets. In abroad salaries may go up to 500000 per month. Chartered Accountants who are engaged in consultancy and private practi ce are also earning handsome returns depending upon the numbers and kinds of clients they have.

Company Secretary Career

The growth and expansion of corporate sector due to liberalization and globalization has resulted growth in demand for specialists in almost every sphere. Company Secretary is such a specialized professional. A company secretary is one who is responsible for efficient management of the corporate sector and act as an advisor in legal matter. He co-ordinates various departments of the organization, ensures compliance of company legislations and advises directors on statutory requirements of the company. Apart from this, he also looks after finance, accounts, legal, personnel and administrative functions. Courses Detail The Institute of Company Secretaries of India (ICSI) regulates the profession of Company Secretaries in India. It offers a three-stage course to qualify as Company Secretary. The Foundation Course is of 8 months that can be joined after 10+2 examination. After this, one can only be enrolled to the Intermediate Course, which is of 9 months. The last stage is the Final examination after which candidates required to undergo practical training. Thereafter candidates become eligible for Associate Members of ICSI. Career Prospects As per the Companies Act 1956, a statutory requirement is that big companies are required to appoint a Company Secretary while the small companies are required to engage the services of a CS in whole time practice. In addition, the companies seeking listing on stock exchange are required to have a full-time qualified company secretary. Hence, there are ample career opportunities for Company Secretaries. A Company Secretary can aspire to get employment opportunities in government accounts as well as in law departments. Most of the qualified company secretaries can find well-paid positions in the public sector and corporate sector, banks and financial institutions, stock exchanges, company law boards and government departments. Exposure to detailed study and practical training in various fields adds to versatility of a company secretary. Small firms usually employ company secretaries on retainership basis for professional advice and support e.g. licenses, registrations, loans, taxes, partnership deeds etc. There is plenty of scope for specialization and moving into general management and administration at the highest level in business houses or CS firms. Institute Offering The Institute of Company Secretary of India is the only recognized and professional institute to conduct and regulate the course of company secretary. The institute has its headquarter at New Delhi with other three branches at Mumbai, Chennai and Calcutta. Remuneration Company Secretariship is a well remunerated career option because of its multifaceted nature. For those who are employed in public and private sector should expect 10000 to 15000 per month at junior level and 30000 to 35000 at senior level. Company secretaties preferring foreign companies can have even higher. Besides this privately practicing C.S are also getting good returns depending upon numbers of clients they have.

You might also like