CMA is an emerging and promising career option for the students. Many students are moving ahead to find their brighter future in this field.The Institute of Management Accountants (IMA) Global Salary Survey of 2021 noted that CMAs in India earn more than non-CMA certified colleagues.
The Institute of Cost Accountants of India, a premier professional accounting body, organised National Students’ Convocation –2022, a solemn occasion that confers recognition to the Final qualified and Intermediate qualified CMAs of the last 5 terms, at Science City Auditorium, Kolkata.
The Institute of Cost Accountants of India is one of the leading premier professional accounting bodies established for the regulation of the profession of Cost and Management Accountancy in India. For more than 78 years, it has been relentlessly contributing to the growth of the industrial and economic eco-system of the country.
Shri Jagdeep Dhankhar, Hon’ble Governor of West Bengal graced the convocation as the Chief Guest, Dr. Subhas Sarkar, Hon’ble Union Minister of State, Ministry of Education, GoI as Special Guest of Honour and Shri Harshvardhan Neotia, Chairman of Ambuja Neotia Group as Guest of Honour.
Among other dignitaries who have graced the occasion were: CMA P. Raju Iyer, President of the Institute; CMA Vijender Sharma, Vice President; CMA (Dr.) Balwinder Singh, Chairman – National Students’ Convocation – 2022, CMA Biswarup Basu, Immediate Past President, other Council Members; Vice Chancellors from various Universities, eminent Economists, CMDs from PSUs besides other eminent personalities from academia, corporate and profession and approximately 1500 students and their parents cutting across the length and breadth of the country and Institute officials have joined this event.
“We are keeping no stones unturned to empower the students with multidisciplinary knowledge. Our
objective is to develop industry ready professionals by bridging the academia & corporate divide and
inculcating the right skills and attitude, thus, bringing in responsibility with a deeply transformative
experience. As the nation embarks on its journey to carving out for itself on the map of the world, a very special and unique niche, we are not left behind; moreover, subsequently making every possible effort to create and deliver value to our students, the society and the world around us.” said the organisers.
The Institute has recently organized its first phase of campus placement drive in four regions for the QualifiedCMAs of December 2021 batch in April 2021, simultaneously at Mumbai, Delhi, Kolkata and Chennai. Around 500 students are placed in eminent organizations so far in this term, which is all-time record in the history of campus placement drives of the Institute marking a phenomenal growth over last few year’s placements. The following companies visited the campus this time for the Placement Drive so far – Indian Oil Corporation, Tata Motors, L & T Constructions Limited, Vedanta Limited, ITC Limited TM& D, Accenture, CAPITA India Pvt.Ltd., ITC Foods, CYTEL, CEAT Ltd., UBS, Invenio Solutions, Capegemini, Conseroglobal Solutions India PrivateLimited, Holcim Global Hub Business Services, Dupont, ICICI Bank, Panasonic Life Solutions India PrivateLimited, Power Finance Corporation Ltd, GAIL Limited, India Tourism Development Corporation, IndianRailway Finance Corporation Limited, ITC Limited – Hotel Division, REC Ltd., Genpact, IRCON International Ltd, Ernst & Young Services Pvt Ltd, Deloitte Shared Services India LLP, JLL, RSM Astute Consulting Pvt. Ltd,GST Suvidha, Verve Advisory Pvt. Ltd, Hindustan Steelworks Construction Limited, Infosys Ltd, ABB GlobalIndustries and Services Private Limited, OLAM Informatics Services, Lennox India Technology Center, Philips India Ltd, Alstom India Transport Limited, State Street Services India Pvt Ltd The highest CTC offered in this term was Rs.27.5 lakhs p.a. by Power Finance Corporation, a 30% hike over the highest CTC achieved in the last year. Moreover, the average CTC offered was around Rs.10 lakhs p.a.