CA Salary India (CA Final Topper Ranker Income 2017)

Chartered Accountant Salary India : ICAI Campus Interview Stats and Salary offered for CA Qualified and Toppers and Rank Holders were released. CA Salary in India and Salary Packages for Chartered Accountants in 2017 is provided as per recent ICAI Campus Interview. recent years. It is true that, the Demand has come a little down, but, its not at all bad. CA Students who cleared CA final in first attempt are getting very good Salary and Pay Packages from Multinational Companies. These stats are provided including the Campus Placements held in 2016. We have provided details on Salary Packages such as Average Salary Offered, Salary for Topper, Salary for other Students etc.

Salaries from ICAI Campus Placements 2017 

ICAI Campus Interview for CA Qualified were recently conducted across various centres in India. On an average, Rank Holders in CA Final were offered Rs.11 Lakhs Salary. Students who cleared both groups in single attempt were offered Rs.8 Lakhs average Salary. Students who took more then one attempt to clear CA Final got Packages on an average of Rs.6.5 Lakhs.

ICAI has held campus selections for newly qualified Chartered Accountants, in over 15 centers across India.

Highest Salary for International posting is Rs.44 Lakhs, offered by Vink Corporation. Airtel has offered the highest salary for domestic posting at Rs.22 Lakhs.

Avearge salary offered in different categories:

CA Final Rankers Rs.13.5 Lakhs
Cleared CA Final in single attempt Rs.9.6 Lakhs
Others Rs.6.2 Lakhs

Non Ranker Gets Highest Salary with just 404 Marks:

Ashutosh Agarwal from Jaipur was offered 76 Lakh Salary in CA Campus Interview. He is not a Ranker or a Topper. He Scored 404 Marks for 800 in CA final exams.

This proves the concept of  ‘Substance over Form’.

In 2015, Ms.Pallavi was offered Rs.58 Lakh Salary. She cleared CA IPCC only in her second attempt and passed CA Final without any Rank.

ICAI Campus Placements Nov 2016

In a tremendous response, nearly 100 organisations including public-sector undertakings and banks, with their 175 interview teams participated and made offers to a total of 1,279 newly qualified Chartered Accountants.

As many as 8,770 candidates registered to avail themselves of the placement facility. Olam International Limited offered the highest salary for international posting, i.e. 76.32 (FOREX) lakh per annum and, Arcesium India Private Ltd. offered the highest salary for domestic posting, i.e. 24.00 lakh per annum.

Salary Package for All India CA Topper

The below table gives a detailed view of Salary offered for All India Topper and also Top 5 Rank Holders in the exams held by ICAI.

Year Salary Package
2012 Rs.27,10,000
2013 Rs.30,60,000
2014 Rs.29,20,000
2015 Rs.36,90,000
2016 Rs.31,60,000

Salary Package Top 5 Rank Holders

The below table gives a detailed view of Salary offered for All India Topper and also Top 5 Rank Holders in the exams held by ICAI.

Year Highest Salary Average Salary
2012 Rs.28,00,000 Rs.17,00,000
2013 Rs.26,50,000 Rs.18,20,000
2014 Rs.24,00,000 Rs.16,70,000
2015 Rs.29,50,000 Rs.19,10,000
2016 Rs.26,80,000 Rs.18,40,000

Salary for First Attempt Passed

The Average and highest Salaries offered to the students who have cleared their CA Final Both groups with out a Rank, in the first attempt, are as follows:

Year Highest Salary Average Salary
2012 Rs.19,50,000 Rs.11,00,000
2013 Rs.21,00,000 Rs.10,90,000
2014 Rs.16,00,000 Rs.9,30,000
2015 Rs.18,00,000 Rs.11,40,000
2016 Rs.17,50,000 Rs.10,20,000

Salary Packages for Others

The Salaries offered to students who did not clear CA final in a single attempt are as follows:

Year Highest Salary Average Salary
2012 Rs.14,00,000 Rs.8,00,000
2013 Rs.12,80,000 Rs.7,40,000
2014 Rs.11,70,000 Rs.7,20,000
2015 Rs.13,00,000 Rs.8,10,000
2016 Rs.12,90,000 Rs.7,50,000

There is no such rule that, if you have failed multiple times in Exams, you will not be offered a good salary. For example, take the case of a student from Andhra Pradesh, who has failed 4 times in CA Final and clearing the exam only in the 5th time. He was still offered a Salary package of 12,00,000 for his knowledge in practical aspects, that he has learned during his Articlehship period.

Will IPCC Attempts effect Salary

Most companies only consider the student’s performance in the CA Final exams. It means, even if have multiple times in CA IPCC, but scored good marks in CA final, you will get a good package.

Companies do see IPCC performance of a student to offer better salary package but wont punish the student for not scoring good marks in CA IPCC exams.

Most students agreed that Articleship experience has helped them a lot in securing good job.