The Institute of Cost Accountants of India (ICAI) regularly announces recruitment drives for various positions to support its administrative and operational functions. Aspiring candidates typically need to possess relevant professional qualifications, such as a degree in accounting, finance, or a related field, along with a strong academic record. Eligibility criteria often include specific age limits and adherence to the Institute's examination and membership requirements. Successful candidates can anticipate a rewarding career pathway within this esteemed professional body.
Government Jobs in Top Cities
About Institute of Cost Accountants of India (ICAI)
It was during the early years of World War II, that the concept of cost as an independent entity made its beginning in the industrial circles of the world. Due to the prohibitive cost of defense operations, the then governments at war found it difficult to ascertain the price of defence purchases and thus evolved the concept of cost + contracts. This forced the contractors to submit the cost of the work to be undertaken by them, in order to be awarded the contract.
1945 brought the end of the war, and the nations ravaged by the effects of war began large-scale reconstruction of their economies through industrialisation. The end of colonialism meant that many nations gained their independence, and this process increased rapidly. The late forties and fifties can really be termed the golden era of industrialisation. The importance of cost accounting as being central to the formation of government policies provided the foundation of the rapid growth of the profession. What began as a mere exercise in estimating the cost later developed into a movement for efficiency and optimum utilisation of scarce resources.
The Institute of Cost Accountants of India (erstwhile The Institute of Cost and Works Accountants of India) was first established in 1944 as a registered company under the Companies Act with the objects of promoting, regulating and developing the profession of Cost Accountancy.
Official Address
Contact Information
- : +91 11 24666100, 24622156/57/58
- +91 11 43583642
- Visit Official Website
Expired / Closed Notifications
About The Institute of Cost Accountants of India Careers
The Institute of Cost Accountants of India (ICAI) is a premier statutory professional body established under the Cost and Works Accountants Act, 1959, for the regulation of the profession of Cost and Management Accountancy (CMA) in India. It plays a crucial role in the nation's economic development by ensuring a high standard of the CMA profession.
| Details |
Name: The Institute of Cost Accountants of India (ICAI) Type: Statutory Professional Body Headquarters: Kolkata, West Bengal Entry Gateways: Examinations conducted by ICAI for various levels (Foundation, Intermediate, Final), possibly administrative roles via common recruitment processes. Salary Range: Varies based on the position and level, typically adhering to government pay scales (e.g., Level-7 onwards). |
|---|
Organization Overview
Established in 1959, ICAI is dedicated to promoting and regulating the CMA profession. It offers education and examination services, sets accounting standards, and upholds professional ethics. The Institute has a significant national presence with various chapters and study centers across India, contributing to the development of finance and accounting professionals.
Key Job Profiles
ICAI recruits for a range of roles, including:
- Internal Auditor
- Assistant Director (Various Departments)
- Administrative Officer
- Executive Assistant
- IT Support Staff
- Examination Officers
- Research Assistants
Salary & Benefits
Salaries at ICAI are competitive and are determined by the pay commission recommendations and the specific post. Employees often receive benefits such as:
- Basic Pay as per the government pay matrix.
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- Travel Allowance (TA)
- Medical Facilities
- Pension and Gratuity benefits
- Opportunities for professional development and further education.
Selection Process
The selection process for positions at ICAI typically involves:
- Written Examination: Objective or descriptive tests assessing knowledge in relevant professional subjects and general aptitude.
- Interview: Personal or panel interview to evaluate communication skills, domain knowledge, and suitability for the role.
- Document Verification: Verification of educational certificates, age proof, and other essential documents.
How to Crack ICAI Exams
1. Understand the Syllabus: Thoroughly review the official syllabus for the specific examination you are targeting. Identify key subjects and topics.
2. Study Material: Utilize prescribed textbooks, study materials provided by ICAI, and reference books. Create concise notes for revision.
3. Practice Previous Papers: Solve past examination papers to understand the exam pattern, question types, and difficulty level. This is crucial for effective preparation.
4. Mock Tests: Take regular mock tests under timed conditions to assess your preparation level, identify weak areas, and improve time management skills.
5. Stay Updated: Keep abreast of any changes in syllabus, exam pattern, or professional standards related to cost and management accounting.
6. Professional Guidance: If needed, consider joining coaching classes or study groups for structured learning and peer support.
7. Interview Preparation: Prepare for the interview by refining your understanding of ICAI's role, professional ethics, and current accounting practices. Be ready to discuss your career aspirations and strengths.
Disclaimer: All details are sourced from official notifications. MySarkariNaukri.com provides informational guidance only and is not affiliated with any government agency.
Verification Source: https://www.icmai.in/
Similar Organizations
