scope and salary package in ICWAI

One of my friend is doing his second year B.Com and he has told me that he is very much interested in doing the ICWAI after completing his degree. So can anyone tell me the complete details of this course and also the job opportunities thereafter. What exactly is the scope of ICWAI in today world which is very competitive? How much salary package he can expect while doing ICWAI? If anyone has got any information about same then please let me know. Thank you for any help

Once you have completed the course then you will find good opportunities like Auditing, Management Consulting, Cost accounting, etc. If you want to become a Cost Accountant then you are suppose to do valuation audit under Central Excise Act, product pricing, audit under Customs, etc. Some of the key roles performed are Budgetary Control and MIS. The fees is kind of different based on Oral or Postal form of coaching. If you want to do Oral Form then the fees is around Rs. 40000 approx and for postal the fees is around Rs. 31000.

He would probably get 25,000 per month as a fresher, salary will increase as per experience.

There is a very good scope in ICWAI and the minimum salary of ICWAI is Rs. 2.5 lakh per annum where else the maximum can reach by far to Rs. 7.5 lakh per annum. IVWAI has a very vast scope in financing and other sectors as well. Your friend can opt for many job prospects in these different course of study since there are many employment activities for these course of study. Below are some of the fields of work areas for the ICWAI course:

• Assistant Professor
• Cost controller
• Chief Auditor
• Managing Director
• Finance director
• Finance controller
• Accountants
• Finance Manager
• Professor
• Reader
• Mandatory cost Audit

Usually, your friend will get salary depending upon how well he can do in the ICWAI course and what kind of company he starts to work with. For an average ICWAI the salary that your friend can differ from approximately Rs. 8000 to Rs. 15000 per month. After your friend gets experienced in this field then he can draw upto Rs. 60000 to Rs. 70000 or even more on his talent. Hope this information helps you out.