placement & counselling e-bulletin

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Celebrating of Establishment 75 Years Be a be a proud Indian CMA, www.icmai.in DIRECTORATE OF STUDIES - TRAINING & PLACEMENT THE INSTITUTE OF COST ACCOUNTANTS OF INDIA Statutory body under an Act of Parliament CMA PLACEMENT & COUNSELLING e-Bulletin Issue - I, Vol. - I - 2019 Behind every successful business decision, there is always a CMA

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Page 1: PLACEMENT & COUNSELLING e-Bulletin

Celebrating of Establishment 75 Years

Be a be a proud Indian CMA,

www.icmai.in

DIRECTORATE OF STUDIES - TRAINING & PLACEMENT

THE INSTITUTE OF COST ACCOUNTANTS OF INDIAStatutory body under an Act of Parliament

CMAPLACEMENT & COUNSELLING

e-BulletinIssue - I, Vol. - I - 2019

Behind every successful business decision, there is always a CMA

Page 2: PLACEMENT & COUNSELLING e-Bulletin

Foreword

CMA Manas Kumar ThakurChairman

T&EF and Placement Commi�ee The Ins�tute of Cost Accountants of India

express my hear�elt apprecia�on to the fraternity of The Ins�tute of Cost Accountant of India for the Isuccessful comple�on of CMA Placement drives for the year June 2018 batch. Once again, CMAs have proved that they are designed to keep with the demands of modern business and are prepared to

succeed in this dynamic and ever-evolving world hence became the ul�mate choice for recruiters.

The Ins�tutes con�nuously strives to align the curriculum of exis�ng academic programmes and is always on the lookout for introducing new programmes, thus successful conduct of Orienta�on program before campus placement has gained a lot to students to self-evaluate and being mentally and physically presentable during the interviews.

I also thanks to our regular recruiters for reposing con�nuous faith in us for the last number of years. I approach you to further reinforce this trus�ng rela�onship.

I am also very grateful to our new recruiters who have understood the essen�al importance of CMAs in corporate world and our ins�tute will always be ready to deliver highly-trained talent to the ever-growing dynamic industry.

The effort and contribu�on of the en�re placement team was tremendous which aids to bring ever-growing larger number of recruiters in the campus and successfully conducted. The con�nuous effort from the students, recruiters, members, staff, Regions, Chapters, and my Council colleagues will further strength the Ins�tute to gain lot of opportuni�es for the students in coming years as well.

Warm Regards

CMA Manas Kumar ThakurChairmanT&EF and Placement Commi�eeThe Ins�tute of Cost Accountants of India

The Institute of Cost Accountants of India1

Page 3: PLACEMENT & COUNSELLING e-Bulletin

Campus Placement Initiatives

45

WinterCampus

Placement

January/February

Off-Campus

Placement

Round theYear

1

Campus Placement

Month

April & October

2

3

SummerCampus

Placement

June/July

ExtendedCampus

Placement at Chapter Level

SpecialIni�a�ves

6

7

Placementfor

ExperiencedCMAs

Round theYear

Internshipfor

IntermediateStudents

Round the Year

Prominent Recruiters - 2018 - 2019

And many more ..

The Institute of Cost Accountants of India 2

Page 4: PLACEMENT & COUNSELLING e-Bulletin

12-Days Pre-Placement

Orientation Programs2018 - 2019

ChennaiBangalore

Vijayawada

MumbaiPune

Hyderabad

Kolkata

Bhubaneswar

Delhi

Ahmedabad

Jaipur

NIRC

EIRC

SIRC

WIRC

The Institute of Cost Accountants of India3

Page 5: PLACEMENT & COUNSELLING e-Bulletin

818Participants

Campus Placement OverviewJune 2018 Term

335Newly QualiedCMAs Selected

66 10Recruiters No. of Places -

CMA Campus Placement organized

Average CTC

LPA7

The Ins�tute organized campus placement drive in four regions for June 2018 batch consecu�vely at Mumbai, Kolkata, Chennai, and Delhi. A phenomenal response from the recruiters has been found this �me and most of the qualified CMAs are placed through this placement ini�a�ve of the Ins�tute.

Overall 66 companies visited the campus for the Placement Drive. This year 818 newly qualified CMAs appeared for placement interview and 335 students offered a job. This year, companies like ONGC, NLC India, MECON, TATA Projects, Tata Motors, ITC - Foods, ITC Limited - Hotels Division, ITC - Lifestyle Retailing Business Division, ITC Limited - TM&D Division, Wipro, L&T Construc�ons, Vedanta, Nestle, Saint Gobain India Private Limited, RSM Astute Consul�ng Group, Reliance Industries Limited, Reliance Jio, Galaxy Surfactants Ltd., Berger India Pvt Ltd., Morde Foods Pvt Ltd., VIP Bags, Alstom Transport India Ltd., Pricewaterhouse Coopers, Max Life Insurance Company Limited, Capgemini, ESKAG PHARMA Pvt Ltd, Electrosteel Cas�ngs Ltd, SAB Professional Services Private Limited, The Hindu Group of Companies, H-Garb Informa�x Private Limited, IOL Chemicals and Pharmaceu�cals, KRIBHCO Fer�lizers, NKG Infrastructure Ltd, Arvato India, Tax Connect, GST Suvidha, Ballavpur Paper Mfg Ltd. and others par�cipated in the campus placement drive.

Highest

CTC

LPA

19

The Institute of Cost Accountants of India 4

(Approx)

(Approx) **

** Many organiza�ons par�cipated in mul�ple loca�ons

Page 6: PLACEMENT & COUNSELLING e-Bulletin

List of Recruiters June 2018 in Term Main Campus Placement Progeamme

The Institute of Cost Accountants of India5

Haldiram’s Bhujiawala Limited (Prabhuji)

Page 7: PLACEMENT & COUNSELLING e-Bulletin

650Participants

240

40Recruiters

Average CTC

LPA7

The Ins�tute organized campus placement drive in four regions for December 2017 batch consecu�vely at Mumbai, Chennai, Delhi and Kolkata. A phenomenal response from the recruiters has been found this �me and most of the qualified CMAs are placed through this placement ini�a�ve of the Ins�tute.

Overall 40 companies visited the campus for the Placement Drive. This year 650 newly qualified CMAs appeared for placement interview and 240 students offered a job. This year, companies like GAIL, ONGC, IOCL, POSOCO, Vedanta, Accenture, HUL, Reliance Industries Ltd., Nestle, Kotak Mahindra Bank Limited, ITC Ltd - Food, ITC Ltd (Internal Audit), PricewaterhouseCoopers (PWC), Peerless Securi�es, NLC India ltd., KPMG, ITC Limited - Lifestyle Retailing Business, Saint-Gobain, RSM Astute, Wipro, Sundaram - Clayton Limited, Sundaram - Finance, Prism Cement, RSM Astute, ART Affordable Housing Finance, Tax Connect, Berger Paints, YES Bank, GST Suvidha, Kalpataru Power Transmission Limited, IRC Group, NIS Management Pvt Ltd, J K Paper Limited and others par�cipated in the campus placement drive.

Highest

CTC

LPA

18

Campus Placement OverviewDecember 2017 Term

Newly QualiedCMAs Selected

The Institute of Cost Accountants of India 6

(Approx)

(Approx) **

** Many organiza�ons par�cipated in mul�ple loca�ons

Page 8: PLACEMENT & COUNSELLING e-Bulletin

December 2017 Term

June 2018 Term

5%

Banking

8% 10%

FMCG

1%

Insurance

28%

IT

16%

MFGConsultancy

5%

Banking

10% 8%

Consultancy

7%

Energy

3%

Engineering

1%

ExportConstruction

3%

Automobile

2%

Insurance

5% 18%

Manufacturing & Trading

5%

Metal & Mining

3%

PharmaceuticalManufacturing

2%

ProjectManagementIT

5%

FMCG

2%

Hotels

1%

Telecom

1% 8%

OthersTransport

1%

RatingAgency

10%

Service

11% 13%

Oil & Gas

5%

Power

1%

Telecom

2%

OthersNBFC

Sector Wise Offers for CMAs

The Institute of Cost Accountants of India7

Page 9: PLACEMENT & COUNSELLING e-Bulletin

Students SpeakCMA Palthya Mamatha Passout Batch - June 2018Recruited in ONGC

The Institute of Cost Accountants of India 8

By way of introduc�on I am P Mamatha, recently (June-2018) qualified

Cost and Management Accountant and got placed in ONGC as a Finance

and Accounts Officer with a package of 19 Lakhs (Approx).

First of all I would like to thank ICAI (The Ins�tute of Cost accountants of India) for

the wonderful opportuni�es given to me in my life to learn and update

con�nuously.

I am proud to indicate that I got a prompt response to all my queries related to the

Course and Placements from the Ins�tute.

Further, 12 days pre-placement Orienta�on program is also helped me a lot to learn various skills like

Communica�on skills, Resume Wri�ng skills, Body Language skills, Financial mManagement skills, etc., for ge�ng

into the right career path.

Thank you

Best Regards

I always want to be a professional and CMA course helped me a lot to explore my

professional carrier skills in various fields. I will always fell proud to be a CMA.

About the Pre-Placement Orienta�on Programme, it was very helpful. It helped me

to upgrade my personal skills and help to know what are the points that I need to

kept in mind while a�ending an interview.

Now, I am working with NLCIL. It was always a dream to work for a PSU and this come

true with CMA placement programme.

Lastly, I would like to say thank you to our ins�tute for your great effort and support.

Thanking you.

Ajoy Borah

CMA Ajoy Borah Passout Batch - June 2018Recruited in NLCIL.

Page 10: PLACEMENT & COUNSELLING e-Bulletin

Students Speak

Co s t a n d M a n a g e m e n t Accountancy is

an industry oriented course conducted by the The Ins�tute of Cost Accountant of India which itself is a premier Ins�tu�on of India which offers educa�on and develops the profession of Cost Accountancy in the country.

In today's era, CMA are specialized in various role such as Managerial Decision, Budge�ng And Standard, Produc�on And Service Management, Finance, Cost Audit, Internal Audit, Fund Management Planning etc which ul�mately will helps one to reach highest posi�on of professional career.

I have joined CMA a�er comple�ng my Gradua�on. Although students can prepare from earliest a�er comple�on of Senior Secondary Examina�on. CMA can be completed in short span of �me in compare as compared to other professional courses and that drove me to join this course.

During intermediate, Apart from taking ample material educa�on such as cos�ng, taxa�on, accoun�ng and 100 hrs mandatory computer training also helps student a lot to improve their skill in computer proficiency.

In final level, Students needs to go minimum 6 months of prac�cal training before appearing for final examina�on which is very convenient in compare to other professional courses although comple�on of 3years of prac�cal training is must to become member of the Ins�tute. Proper prac�cal training is very helpful for the students as it give opportunity to the students to apply the prac�cal approach of whatever we learnt

during the course just a�er passing the intermediate exam.

A�er clearing CMA final, our ins�tute organizes a Pre-Placement Orienta�on Programme which generally last for 12 days and help us to refresh lots of current and important topics such as Accoun�ng, Cost Sheet, IND AS, GST, Filing Return, Company Laws, Excel etc. This orienta�on programme also helps us to crack interview by enhancing our so� skill through organizing mock personal interviews (PI), mock Group Discussion (GD), correct resume wri�ng, how to appear before HRs etc. which too helped me to build a confidence, further enhance my so� skill.

Ins�tute organizes various Campuses, where freshly qualified CMA can appear and can ini�ally start their career in big campus with high amount of packages. Last year, Ins�tute has organized consequently three Campus Placement Programmes - Main CMA Campus Placement Programme, Extended Campus Placement at Chapter level, and Winter Campus Placement Programme as well as it place students in various companies through off-campus placement drives too where I also got an opportunity to get placed in Care Ra�ngs Ltd. I am very thankful to The Ins�tute of Cost Accountants of India for shaping my career.

Personally, my sugges�on to students is that they should start prepara�on for CMAs right a�er passing Senior Secondary exam by which they can clear their CMAs at younger ages and start their career as early as possible. Also a student should focus on proper prac�cal training and devote their adequate �me in it to become industry-ready. So, do proper hard work, prepare well for the exam & the interview, be calm, be confident and keep posi�ve a�tude, success will surely come.

CMA Jaskaran Singh Passout Batch - June 2018

Recruited in Care Ra�ngs Ltd.

The Institute of Cost Accountants of India9

Page 11: PLACEMENT & COUNSELLING e-Bulletin

Students SpeakCMA Ujjal Gupta Passout Batch - December 2017Recruited in Gail India Limited.

The Institute of Cost Accountants of India 10

Hello everyone, it's a pleasure sharing my placement drive experience which was undoubtedly excellent. In those 12 days orienta�on program I got to learn various things regarding how the real corporate world works from experts of the

respec�ve fields which had enhanced my knowledge. I got the opportunity to meet some industry experts who mo�vated us by sharing their own experience. They told us regarding what the industry expects from us being a professional and how can we contribute in it. So overall it was a good experience. Ins�tute's Placement Directorate is very suppor�ve in providing all details rela�ng to placement drive. If anyone has any queries then they are always there to solve it. I will say that in order to make a placement drive successful it requires the par�cipa�on of the whole placement cell. The 12 days orienta�on program was very helpful for me to crack the interview. It helped me in building confidence level and personality. Mock GDs and mock interview that had taken place was helpful. The industrial knowledge provided by eminent personali�es helped a lot in increasing my mo�va�on and passion towards industry. And Yes, I am happy with my placement this was the first interview I appeared in the CMA Campus Placement Drive and in the first instance only I was selected that to in my dream company (GAIL INDIA LIMITED). My sugges�ons to other upcoming CMAs is that just be honest with yourself and be confident while appearing for the interview. Along with this, it is necessary to be aware of Current Affairs and domain knowledge and obviously your dressing sense ma�ers too.

Thanks & Regards

CMA Ujjal Gupta

Definitely CMA course is worth op�ng for as this course gives you an opportunity across various fields such as Cos�ng, Management Accoun�ng, Audit, Taxa�on, Corporate Law.

With regard to the pre-placement orienta�on programme conducted by the ins�tute, it has for sure helped me during the placement. The placement programme helped in sharpening my skill set. Further it was an opportunity for us to know how to tackle Group discussions, interviews through mocks conducted by the ins�tute.

It is always a dream to get placed in a Company like ITC limited and this came true through the generous efforts poured in by the ins�tute.

I would also like to thank each and every person involved in organising the Orienta�on and placement.

CMA Md Talib Quraishi Passout Batch - June 2018Recruited in ITC Limited.

Page 12: PLACEMENT & COUNSELLING e-Bulletin

Students Speak

T h e h a p p i n e s s o f s e e i n g t h e t e r m “Congratula�ons" on that laptop screen almost had me in tears. Those were possibly the best

few days of my life because that pride of clearing one of the toughest exams in India is amazing. But the next few weeks were also confusing because it was the �me for me to decide what to do, which type of profile to go for? Whether to go in the industry or to go for prac�ce? I had decided to be placed but there was a lot of anxiety for the placement process. But as we know every problem has its solu�ons and for me the solu�on was the Orienta�on Programme, conducted by THE INSTITUTE OF COST ACCOUNTANTS OF INDIA where different eminent facul�es having vast knowledge of different professional fields were there to guide many students who had cleared the exam and help us in understanding what the industry expects from us being a professional and how can we contribute in it. The Orienta�on program focuses on developing students interpersonal, communica�on and presenta�on skills, it also focuses on grooming students developing their so� skills making them more confident and professional before appearing the placement interview and thus its gave me the opportunity to be placed in L&T co through placement programme conducted by our ins�tute on 5�� October 2018 a�er becoming qualified cost and management accountant of India in June 2018.

The Orienta�on programme helped us not only by revising our studies but also helped to equip ourselves

with related current affairs which made us confident to crack the interview.

Also orienta�on programme is like a relief of ones stress by doing ac�vi�es, groom up ones so� skills with hidden talents and most importantly make lots of contacts, knowing people, ge�ng a view of others regarding our future plans.

It's good overall and a great ini�a�ve by ICAI.

Lastly, I would like to take this opportunity to show my gra�tude towards the chairman, CMA Manas Kumar Thakur sir and his team who put their efforts to bring those companies under the roof of the ins�tute and gave us the chance to present ourselves and be placed.

My sugges�on for all my juniors will be to work hard, be dedicated and stay focused in their goals. These are the most important for one to be successful in any field.

Feeling Proud to be CMA and the member of THE INSTITUTE OF COST ACCOUNTANTS OF INDIA.

CMA Pritha Cha�erjee Passout Batch - June 2018

Recruited in L&T Co.

The Institute of Cost Accountants of India11

Page 13: PLACEMENT & COUNSELLING e-Bulletin

Students Speak

COURSE – Not to bluff around, you need to work hard. Once you are focussed, you can do it. Indeed of the most esteemed degrees, not only in the field of commerce, but also in the overall scenario. This is a professional degree which you can boast of throughout your life as you can consider yourself amongst 70000 cost accountants in India at present. Knowledge and effort wise you will be on top, but the only thing you need to focus upon is self-development.

ORIENTATION – A pla�orm that has changed my life. To be honest, you will get to learn so many things apart from your academics which will enable you to stand tall in this compe��ve world. Things which never seemed too important will look like the most important aspects. New topics and amendments will be covered along with mock

interviews, group discussions etc. mak ing i t more interes�ng each day.

CAMPUSSING – Just face it with confidence and things will work out the way you would love it to. None will be le� without opportuni�es to prove their worth. Remember, if you have the poten�al to clear this exam, you have the power to rule the world. Just believe in yourself and keep working. Success will follow accordingly.

CMA Agniva Ray Passout Batch - June 2018Recruited in .Capgemini Tehnology Services India Limited

The Institute of Cost Accountants of India 12

am pleased to inform you that I have been selected in Eskag Pharma Pvt. ILtd. during the Campus Program.

Our ins�tute (ICAI) has played an important role in building my career. I am so pleased that I got excellent opportunity through our placement cell.

I would like to thanks here every one of them those contributed in my success our ins�tute (ICAI), members, management, teachers and Placement cell.

Thanks and Regards,

Ankit Hardaha

CMA Ankit Hardaha Passout Batch - June 2018Recruited in Eskag Pharma Pvt. Ltd.

Page 14: PLACEMENT & COUNSELLING e-Bulletin

The Institute of Cost Accountants of India13

Page 15: PLACEMENT & COUNSELLING e-Bulletin

The Institute of Cost Accountants of India 14

Glimpses of Campus Placement Programmes

Page 16: PLACEMENT & COUNSELLING e-Bulletin

www.icmai.in

DIRECTORATE OF STUDIES - TRAINING & PLACEMENT

THE INSTITUTE OF COST ACCOUNTANTS OF INDIAStatutory body under an Act of Parliament

Behind every successful business decision, there is always a CMA

HEADQUARTERSCMA Bhawan, 12, Sudder Street

Kolkata - 700 016

DELHI OFFICECMA Bhawan, 3, Institutional Area, Lodhi Road

New Delhi - 110003

e-mail: [email protected] / [email protected]: +91-33-4036-4770/83