CA Salary 2020 (Fresher & Professional)

CA Salary 2020- Chartered Accountancy is one of the professions with handsome packages and limitless scope. The salary of a Chartered Accountant depends upon the skills, knowledge and experience. However, the average CA salary 2020 starts from 6-7 lakhs and reaches up to 30 lakhs. International packages in Chartered Accountancy may easily go up to as high as 75 lakhs per annum. As per the last year placement statistics from ICAI, the average salary in ICAI’s campus placement was 8.40 lakhs. Candidates who are at top of the merit list and those who have cleared ICAI exam in their first attempt are given more preference over others but the future prospects and opportunities for all the Chartered Accountants are infinite. Read the complete article to know about CA salary 2020 for freshers and professionals, top recruiters and more.

CA Salary 2020 (Fresher & Professional)

As per the official statistics released by ICAI, the average salary of CA in the campus placement, held in Feb-March 2019 was Rs 8.40 lakhs per annum. The highest salary package offered was 22.30 lakhs per annum. Thee detailed statistics of the placement have been given below

CA Salary 2020

ICAI usually conducts the placement drive twice a year, once in February-March and the other one in August-September. Candidates can know about the timely updates on the campus placement from the official website of ICAI.

Highest Salary Package for CA in History: India & Abroad

Average Placements Salaries Offered to CAs Clearing Exam in First Attempt

CAs who have cleared the exam in their first attempt have been offered jobs by multi-national companies (MNCs), private banks and national banks. Here is the average that they have been offered in the past three years:

Some of the company-specific offered floated to such CAs are:

Top Recruiters for CA Professionals

The Big 4

E&Y, PWC, Deloitte, and KPMG are the Big 4, the four major recruiters in the industry. It is a dream for many CA students to complete their 3 years articleship from any of the firms in Big 4. Also, this company recruits Chartered Accountant freshers with good CA Salary packages and future scope.

CA Firms

Candidates who wish to start their own practise usually join CA firms to get the much required practical skills and exposure. After some years in the grind in CA firms, CAs master the art of dealing with clients and other stakeholders in the business. CA Salary offered by CA Firms generally range between 3-8 lacs.

IT Industry

Big and reputed IT Companies like TCS, Wipro, Infosys etc hire Chartered Accountants for their businesses. These IT companies are known for their handsome salary packages and less workloads. Also, these companies hire freshers as well and there are definitely great future opportunities waiting for students in these companies.

Public Sector Undertakings PSUs

PSUs like BSNL, ONGC, BHEL, GAIL hires much fresher CA from the campus placement. These companies often shortlist the candidates on the basis of their marks ranging from 55% to 60%. The number of candidates who passed with two or more attempts in CA Final generally got selected by PSUs.