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1 | CMA Placement & Counselling e-Bulletin 2018 January 2018 January 2018 CMA Placement & Counselling e-Bulletin 2018| 1

THE INSTITUTE OF COST ACCOUNTANTS OF INDIA(Statutory body under an Act of Parliament)

www.icmai.inHeadquarters: CMA Bhawan, 12 Sudder Street, Kolkata - 700016

Ph: 091-33-4036 4770/83, 2252 1031/34/35/1492Delhi Office: CMA Bhawan, 3 Institutional Area, Lodhi Road,

New Delhi - 110003, Ph: 091-11-24666100

2018Issue 1, Volume 1

CMA PLACEMENT & COUNSELLING

e-BULLETIN

CMA PLACEMENT & COUNSELLING

e-BULLETIN


The Institute of Cost Accountants of India is a statutory body set up under an Act of Parliament in the year 1959. After an amendment passed by Parliament of India, the Institute is now re-named as ''The Institute of Cost Accountants of India'' from ''The Institute of Cost and Works Ac-countants of India''. The Institute as a part of its obligation regulates the profession of Cost and Management Accountancy, enrolls students for its courses, provides coaching facilities to the students, organizes professional development programmes for the members, and undertakes research programmes in the field of Cost and Management Accountancy. The Institute is pres-ently having approximately 5,00,000 students and 70,000 members all over the globe.

The Institute is headquartered in Kolkata hav-ing four Regional Councils in Kolkata, Delhi, Mumbai and Chennai, 95 Chapters in India and 9 overseas Centers. It is under the administrative control of Ministry of Corporate Affairs, Gov-ernment of India.

MISSION STATEMENT: The CMA Professionals would ethically drive enterprises globally by creating value to stakeholders in the socio-economic context through competencies drawn from the integration of strategy, manage-ment and accounting.

VISION STATEMENT: The Institute of Cost Accountants of India would be the prefered source of resources and professionals for the financial leadership of enterprises globally.

OBJECTIVES OF THE INSTITUTE:

• To develop the Cost and Management Accountancy function as a powerful tool of management control in all spheres of economic activities;

• To promote and develop the adoption of scientific methods in Cost and Management Accountancy;• To develop the professional body of members and equip them fully to discharge their functions and fulfill the

objectives of the Institute in the context of providing financial leadership enterprises globally; • To keep abreast of development in Cost and Management Accounting principles and practices, to incorporate

such changes as essential for creating value for the industry and other economic activities; • To exercise supervision over the entrants to the profession and to ensure strict adherence to the best ethical stan-

dards by the professionals; • To organize seminars and conferences on the subjects of professional interest in different parts of the country for

cross fertilization of ideas for professional growth; • To carry our research activities covering various economic spheres and the publishing of books and booklets for

disseminating information of professional interest to members in industrial, commercial and educational units in India and abroad.

ABOUT THE INSTITUTE


The Institute of Cost Accountants of India has a vibrant placement cell to facilitate the placements for all deserv-ing students. It works round the clock to improve the placement facilities for both qualified and semi-qualified CMAs. The Placement Directorate works closely with Corporate Sector to groom students as per industry re-quirements. Industry is always on the lookout for students with good academic background, who are vibrant, ener-getic, attentive, fast learners, adaptive, good communica-tor and ready to accept challenges. The Institute is com-mitted to offer best talent for corporates.

The placement cell of the Institute intends to provide 100% placement assistance to all students and offers sup-port, guidance and assistance to them pre-placement stage which is immensely helpful in grabbing a lucrative job.

Placement Cell - Objectives:

The purpose of the Placement Cell is to guide students to choose right career path and to provide domain knowedge, skill and aptitude to cater the manpower requirements of the Industry. The Institute has evolved mechanism for its students wherein they are given training and guidance opportunity by the eminent industry members and professionals. Maintaining and regularly updating database of students for possible placements. Maintaining database of companies and establishing strategic links for campus recruitments. Coordinating with companies to understand about their requirements and recruitment procedures. Identifying the needs and expectations of the companies to assist them in recruiting most suitable candidates. Organizing pre-placement Orientation programme/training/workshops/seminars for students to keep them up-to-date. Arranging CFO & HR Discussion Meet pan India basis. Collecting feedback from employers to know where our students stand in the selection process and guiding them accordingly. To assist students for industrial training on or after the completion of the course. To act as a link between students, alumni and the recruiters.

PLACEMENT


CAREER COUNSELLING

Career development is a lifelong process that, whether you know it or not, actually started when you were born! There are a number of factors that influence your career development, includ-ing your interests, aptitude, values, personality, intelligence, and circumstances. Ideally career counseling is meant for students in standards 8 through 12 who want to make an informed choice while deciding upon the future choice of subjects / career; and for those who want to discover their field of aptitude and interest.

Career Guidance helps the students to select the right career path according to their choice and interest. Career Counseling is now being increasingly stressed as an integral part of education. In addition to the right kind of job and the right approach in this direction, CMA Career Counseling Programs help the students to evaluate their inner abilities, interests, talents and personality traits to develop and achieve realistic academic, professional and career goals. Career Counseling is essential for Higher Secondary students and students pursuing Graduation and also their parents as well.

CMA Career Counselling Cell - Functions:

Career Counseling Cell of the Institute is relentlessly working on various facets of career development of the students through various modes and channels, like:• Career Counseling at individual level• Career Counseling at School / College / University level• Career Counseling at Career fair, Job fair, Book fair• Career Advancement Program at Corporate level• Mega Career Counseling Events Career planning by raising awareness of career interests, aspirations and potential Performance management by diagnosing the underlying causes of under-performance in studies, extra-curricular activities, etc. Career transition by clarifying an individual’s strengths, areas for development and person-al goals Arranging Career Development Training programmes for the students to impart hands on training on practical issues on different subjects of professional interest


CMA Sanjay GuptaPresidentThe Institute of Cost Accountants of India

Dear Friends,

Greetings from The Institute of Cost Accountants of India!!!

Our Institute is a statutory body set up under an Act of Parliament in the year 1959. This is my great pleasure to introduce ourselves as the premier profession-al body imparting education, training and propagating Cost and Management Accountancy in India and abroad. The Institute is the 2nd largest Cost & Man-agement Accounting body in the world and the largest in Asia, having approxi-mately 5,00,000 students and 70,000 members all over the globe. The Institute is headquartered in Kolkata having four Regional Councils in Kolkata, Delhi, Mumbai and Chennai, 95 Chapters in India and 9 overseas Centers. The Mem-bers in service are placed with Government, Public and Private Sectors like BHEL, Coal India Ltd., SEBI, TCS, Saint Gobain, Flipkart, Ford, Tata Motors, Power Grid Corporation Ltd., Nestle, RIL, ITC, PWC, KPMG, HCL, Wipro, NHPC, ICICI Bank, Allahabad bank, Goldman Sachs, etc., and are occupying high positions like CMDs, CEOs, CFOs. Many members are engaged in prac-tice as well. Besides practicing as a Cost Auditor, practicing CMAs are expert in many other areas including Direct taxation, Customs, GST, IBC-2016, Business Valuation, Project Management, Internal Audit, consultancy in Banking and In-surance sector, etc. CMAs are the driving force in all economic activities, as they are the value creator, value enabler, value preserver and value reporter. We spare efforts not only to groom our students, but also to broaden their mindsets, create positive vibe and equip them with all qualities to make them a multi-fac-eted professional.

The challenge in today’s global and highly competitive markets are immense; and one need to perform with utmost quality and professionalism. It has always been our desire to enhance career prospects of our students though excellent teaching and placement support and expect every CMA to rise high in their career and make all of us feel proud. We make sure that each of our students be given right industry exposure and get hold of requisite skill to meet the high end corporate expectations. When it comes to professional development, collabora-tion is a key to achieve desired target. In recent times, we have already placed substantial numbers of qualified CMAs in various organizations and our team members are relentlessly trying to place the remaining qualified and semi-qual-ified CMAs shortly.

I express my gratitude to the corporate leaders for choosing best of the talent available with the Institute. I also take this opportunity to thank the industry partners for collaborating with the Institute over the years. I appreciate the ef-forts of the Counselling, Placement & Training Cell under Directorate of Stud-ies of the Institute who are in constant touch with industries for the training and placement of our students. I am sure our recruiters find our students very competent and they will be visiting us regularly.

I wish the endeavor of Counselling, Placement & Training Cell all the success.

PRESIDENT'S MESSAGE


VICE PRESIDENT'S MESSAGE

CMA H. PadmanabhanVice PresidentThe Institute of Cost Accountants of India

Dear Friends,

Greetings!!!

The changing paradigms have made mandatory for an institution to foster a new breed of professionals equipped with the right kind of knowledge, technical skills and ability to think innovative. The industry expectations have gone higher and only those survive and sustain who have the positive attitude, skills to accept challenges and zeal to perform better. Hard work is no more the key to success alone but individuals are expected to work smarter with consistency. We take pride in the fact that since inception, our Institute has been continuously contributing to the growth of the industrial and economic climate of the country. We seek to create a fresh frontier of knowledge and reveal new horizons of change so as to broaden mindsets and instigate positive attitudes in our students. We have tried to uphold a highly successful track record of offering specialized professional courses to young and enthusiastic aspirants across the globe. We mentor each student so that they are ready to face the industry and cater its needs.

In this globalised world, organizations require professionals such as Cost Accountants (CMAs) who have specialized knowledge on business strate-gy and value creation.The specialized education and training provided by the Institute make the Cost Accountant a versatile professional. In order to strengthing the CMA fraternity the Institute is organizing Campus Placement Drive Program pan India basis. It is my sincere belief that we can channelize the potential of budding CMAs through Placement activities.

I firmly believe, a desire can change nothing, a decision can change some-thing but a determination can change everything. Undeniably, our Institute is strongly determined to provide its students a successful career. I also urge the students to stay focused and stay determined. It will take you very far to reach your destination.


CMA Manas Kumar ThakurChairmanTraining & Education Facilities and Placement CommitteeThe Institute of Cost Accountants of India

Dear Friends,

Greetings!!!

It is a matter of pride to write the message for this e-Bulletin released by Counselling, Placement & Training Cell under Directorate of Studies of the Institute. Our Institute pursues the vision of cost competitiveness, cost management, efficient use of resources and structured approach to cost ac-counting as the key drivers of the profession. In today's world, the profession of conventional accounting and auditing has taken a back seat and indus-try-friendly cost and management accountants are increasingly contributing towards the management of scarce resources like funds, land and apply stra-tegic decisions. This has opened up further scope and tremendous opportu-nities for cost and management accountants in India and abroad. We equip our students with cutting edge training and make them industry-ready by inculcating best professional practice.

In my understanding 3Ds are very very essential for any one to reach his or her target, i.e. Desire, Dedication and Discipline. My advise to all our students to strictly follow the 3Ds, success will surely come.

Today we are proud to see that our students and recruiters are equally satisfied with our services and this has all been made possible by the com-mitment and diligence of our team. We place right candidates to right place with integrity and reliability. We also provide best career consultation to candidates for their career growth with job satisfaction. Completion of CMA Course enriches with higher degree of employable skills and guarantees life-long employability, statutorily recognized by the Parliament.

The directorate is responsible for conducting all recruitment related activ-ities of the institute. Our team work tirelessly to ensure that top notch op-portunities are brought to the students and manage all interactions between the Institute and visiting industries. It works round the clock to improve the placements of qualified and semi-qualified CMA Students and assures the best facilities and support the recruiting companies. Persistent efforts are being made by our placement team to place our students in encouraging and respectable positions in the industry. We intend to provide 100% placement assistance to all students and firmly believe that support, guidance and assis-tance given to the students at pre-placement stage proves immensely helpful to them in getting a lucrative job. We also conduct Career Counseling Pro-gram across India for students, enabling them to join CMA Course which en-sures a better tomorrow. At this juncture, I would like to express my earnest thankfulness to my team, Council colleagues, Regions, Chapters and CMA fraternity for their and hard work and dedication that have resulted in the successful placement drive and professional developments of the Institute.

CHAIRMAN'S MESSAGE


All young professionals after qualifying their professional examinations are generally well prepared in their do-main knowledge to undertake assignments in the areas where they have been trained.

However, in many cases, it is observed that apart from the domain knowledge ( that the young professionals have acquired during their professional course), they need something else by way of soft skills which plays a great role towards their career progress in the future . Indeed, lack of proper soft skills and their proper application in a given situation put the young professionals in difficult situations in workplace and seriously hampers their career prog-ress and advancement.

In this context, a set of soft skills which is really required of young professionals are:-

1. Strong Work Ethic:

This is one of the fundamental soft skills expected of any person and essentially of a professional. It has been observed, in many situations that lack of good work ethic has cost a person his / her job even though he / she may have very good domain knowledge for the task. Qualities which cover this element are demonstration of sincerity, honesty and dedication to one’s job so that nec-essary confidence can be reposed on him / her by the employer.

2. Attitude:

This is also one of the basic requirements. Employers always look for a person with positive attitude demonstrating his/ her willingness to accept responsibility and deliver the results within a given time.Lack of positive attitude leads to stress and fatigue and in due course tells upon one’s health and endurance, result-ing in gradual diminishing performance over time.

3. Communication skill:

Good communication skill is also one of the major requirements expected of young professionals. This covers both oral / verbal fluency and writing / drafting skills. Many professionals, in spite of their very good domain knowledge, fail to impress their superiors due to their inability to express their thoughts and ideas properly either verbally or in writing or by both the means. To avoid these unhappy situation, many organization conducts practi-cal classes to improve their employee’s communication skills so as to enable them express their thoughts and ideas in a candid way.

This skill can be further described as under:

A NOTE ON SOFT SKILL DEVELOPMENT FOR YOUNG PROFESSIONALS

Shri P. K. ChakrabortyFormer CFO, JOST India Auto Component Ltd


A NOTE ON SOFT SKILL DEVELOPMENT FOR YOUNG PROFESSIONALS

• For young professionals about to enter employment: This would cover basic skill as to writing good resume ( with covering letter ) highlighting personal background , education with achievements , work experience , if any , potential competencies and interest , career ambition in the next five years, etc.

• For young professionals who have just entered employment: This would cover basis skill as to writing ordi-nary commercial letters, commercial / administrative reports with inference, office memos, etc. Orally, they should be able to express their opinions / views clearly using correct diction / sense of words, etc.

• For matured professionals already in employment / practice for some time: This would cover skill as to writ-ing crucial letters involving company decisions , report writing with important data / inference which would impact / influence / help important managerial decisions , drafting Orders / Circulars / Memos / Notices , etc. having administrative impact. Orally, they should be fluent in expressing their opinions, views, ideas etc. in a confident manner and being analytical and assertive at the same time.

4. Time Management skill :

Since time is one of the most volatile resources at our disposal for doing anything worthwhile, managing time in a way to accomplish one’s allotted task and duties goes a long way in satisfying one’s career objectives. Good time management skill also fosters sense of satisfaction and leads to achievement of various personal objectives in one’s life without much stress and strain.

The skill of managing time with respect to one’s regular requirements of accomplishing various tasks, if practiced properly, can make a person punctual & disciplined and further enable him to prioritize his various tasks without creating unnecessary overlap and duplication. A simple rule to achieve this objective is to classify one’s tasks into very important, important and less important and accordingly allot the available time at one’s disposal in the fol-lowing manner: very important tasks (around 60% time), important tasks (around 30% time) and less important tasks (around 10% time).

5. Being a Team Player and Pro-active :

This is a fundamental attribute expected of any one in a workplace and especially of a professional. Since no body works alone and the sum total of every body’s work in an organization results in the ultimate achievement of orga-nizational goals, people must work as a team, co-operating with other cross functional areas and other employees who also contributes to the common objective of an organization. Further, young professionals should be pro-ac-tive in their work place and in a given work situation so that they can demonstrate their sense of responsibility and involvement with the task(s) assigned to them and earn recognition for being sincere.

6. Self-confidence , Self-motivated & Courteous :

This quality must be inculcated and should be demonstrated by professionals in their workplace so that due confi-dence can be reposed on them for a given task. This leads to professional satisfaction on the part of the concerned person and earns him the required professional dignity. Young professionals should be self-motivated and should not be pushed for doing their assigned tasks. This attribute can be inculcated by developing a sense of belonging with the organization and a sense of responsibility with the task. Being courteous is also necessary in a work place and also elsewhere where a person deals with others so that the basic tenet of a civilized person, that is, discipline is demonstrated in his / her behavior / talks / body language and handling any situation.

7. Flexibility & Adaptability :

This is also a very important requirement as one needs to adapt to a given situation and to perform as well. Hence, one has to be reasonably flexible in his attitude & mindset to be able to adapt under various circumstances in a


work place without creating bottleneck in the work flow or any work process. This calls for reasonably good EQ on the part of a professional from his young age which can be further groomed so that the person can adapt himself under stressful situations without compromising on his performance. This quality, if inculcated properly, can result in a long term and satisfying career progress of a person in any work place.

8. Assertive and being Attentive :

In a competitive and commercial world, a professional has to be assertive to be able to express his / her thoughts & ideas, views and decisions in a confident manner. Of course, this calls for sound domain knowledge and good communicating ability which has been mentioned in the foregoing.

However, it has been observed that many professionals, in spite of having very god domain knowledge and good communication skills, fail to confidently assert their views, thoughts, ideas and, eventually, decisions in a given situation. They fail to create their impression and importance in a given situation and unnecessarily compromise with views of others.

Being attentive is another essential quality expected of a young professional as they are very much on a learning curve in the beginning of their career. By being attentive, they can learn and absorb many basic elements relevant to their domain knowledge as well as to the culture of the work place which can immensely help them in their ca-reer progress. Moreover, by remaining attentive, one can learn many new things relevant to their task performance and especially for professionals, both young and matured, there is no exception to being attentive.

9. General Awareness :

A professional must have reasonable general awareness of facts and current information relating to the economy, indus-try & commerce apart from his / her specific domain knowledge. These would cover: information about money market / capital market / financial market, general awareness of monetary and fiscal policy, important changes in taxation and economic laws, possible impact of budgets on certain industry, direction of economic development, etc.

10. Being good at handling Computers and reasonable understanding of Information Technology :

Since all organizations now run their entire data relating to any area of work in computers governed by dedicated packages, to -day’s professionals must be adept to handle information in computers, with reasonable expertise in MS WORD, MS EXCEL, MS POWER POINT, etc. and in handling Internet. Good presentation skills (Power Point presentation) related to their tasks is also desirable from young professionals. Many organizations conduct in- house tailor-made courses in computers for their employees to enable them handle various information / data systems in an efficient manner.

11. Multitasking :

This is a quality or ability of a professional to handle more than one task (related to their domain) at the same time without creating any bottleneck or disruption in the work flow. By developing this skill, one also develops the skill of delegation, ability to prioritize & co-ordinate and the ability to oversee different aspects of a job / task so as to understand the cross functional relationships between various tasks. These understanding is important for profes-sionals in any field in order to improve expertise and competence in their day to day performance. It has been seen that employers like people who have the ability of multitasking or at least holds potential for the same.

12. Being Resilient and Patience :

This is another quality expected of a professional, young or matured, so that the focus for achieving the desired ob-jective is not lost, in case of delay or any obstruction. Sometimes, it improves the negotiating skill of the profes


sional and helps him achieve the desired result in respect of any activity in spite of initial difficulties. In a team, it improves team moral as they remain focused and optimistic where difficulties and hindrance suddenly arise.

13. Being Well – Groomed :

• A professional should be well groomed displaying good taste, sophistication, and culture in his / her attires and accessories being carried. The dress should speak of being official and formal and be of light color. Cleanliness should be given high importance which essentially includes personal hygiene. A well groomed person wins the first impression anywhere and in securing employment opportunities, grooming properly is no exception.

• To sum up, the aforesaid skill requirements are only indicative and the extent of their application by a person in a given situation varies widely and from time to time.

• The crux of the issue is that the individual concerned must apply his / her sense of perception in a given situa-tion to understand to what extent he/she should express or demonstrate any one or a combination of more than one of these skills to successfully achieve the desired objective under a given set of circumstances. It is said that common sense is the best soft skill of a person in a given situation, but common sense cannot be taught and, more importantly, common sense is not common to all.

12 | CMA Placement & Counselling e-Bulletin 2018 January 2018 January 2018 CMA Placement & Counselling e-Bulletin 2 018| 13

The Placement Cell of the Institute invites prospective organisations/industries to participate in the campus recruit-ment at the Institute. The Institute organizes campus placement drive twice in every year for newly qualified CMAs – October/ November (June Batch) and April/ May (December Batch). The placement cell also provides off campus placements to the passout students.

PLACEMENT

AccentureAssam Brooke LtdAllahabad BankAmara Raja GroupAshok Leyland Ltd.Apollo Gleneagles HospitalsBata India Ltd.Bengal Chemicals & Pharmaceuti-cals Ltd.Bharat Electronics Ltd.Bharat Heavy Electricals Ltd.Bharat Sanchar Nigam Ltd.Castrol India LtdCiplaCoal India Ltd.Coromandel InternationalDunlop India Ltd.DeloitteDVCEngineers India LimitedExim BankEdcil India LimitedFord India Ltd.FlipkartGAILGenpact Ltd.Godrej and Boyce Mfg Co LtdGujarat Ambuja Cements Ltd.Galaxy Surfactant

Jindal Steel & Power Ltd.L&T ConstructionLarsen and Tubro Ltd.KPMGMaharashtra Natural Gas LimitedMarathon Electric Motors (India) Ltd.PidilitePower Grid CorporationPDCLSAILSEBISimplex Infrastructure Ltd.Tata Consultancy Services Ltd.Tata Motors Ltd.Tata ProjectsTata Steel Ltd.TVS Electronics Ltd.Vedanta LimitedVoltas India Ltd.WiproWEBEL Ltd.PWCBerger Paints Evosys McNally Bharat Engineering Co. Ltd.Management InstitutesUniversities / Colleges as Professorsand many more...................................

Haldia Petrochemical Ltd.Honeywell TechnologiesHCLHindustan Aeronautic Ltd.Hindustan Petroleum Corporation LtdHindustan Zinc Ltd.HUDCOWBSETCLWBSEDCLICICI BankInfosysIDBI BankHSBC HDFCIFB Agro Industries Ltd.IFS Solutions India (P) Ltd.ITC LimitedInterContinental Hotel GroupNational Housing BankNBCCNestleNHPCNMDCNTPCNevyeli Lignite CorporationONGC Ltd.Jindal Drilling and Industries Ltd.

Partial List of Companies where CMAs are placed:


CMA CAMPUS PLACMENT DRIVE - OCTOBER 2017 - HIGHLIGHTS

The Institute organized CMA Campus Placement Drive in four regions for June 2017 batch in the month of October - November consecutively at Chennai, Delhi, Kolkata and Mumbai. An overwhelming response from the recruiters has been found this time and most of the qualified CMAs are placed through this initiative of the Institute. This year, companies like ITC, Larsen & Toubro, NBCC, PWC, CPCC, Vedanta, Tata Group, Delloite, Genpact and others participated in the Campus Placement drive.

Highlights:

Orientation Programmes were conducted at : Ahmedabad, Chennai, Delhi, Hyderabad, Jaipur, Kolkata, Mumbai, Vijayawada and other places. Around 162 newly qualified CMAs were selected in the October 2017 CMA Campus Placement Drive The Highest Salary package offered was Rs 12 lacs p.a. The average CTC offered was approx. Rs 6.35 lacs p.a. Organizations like ITC, Larsen & Toubro, NBCC, PWC, CPCC, Vedanta, Tata Group, Delloite, Genpact and many more participated in the Campus Placement drive. Off-campus placement drive (including providing training opportunities for the Intermediate students) is also going on in the companies like Axis Bank, KPMG, EdCIL, Berger Paints, NTPC etc.

020406080

100120140160180

Dec, 16

June, 17

Dec, 16

June, 17

Dec, 16

June, 17

Dec, 16

June, 17

Dec, 16

June, 17

Total WIRC SIRC EIRC NIRC

70

162

2437

2038

4

46

2241

Candidates selected in CMA Campus Placement Drive - For Dec, 16 & June, 17 Batch

Total Dec, 16

Total June, 17

WIRC Dec, 16

WIRC June, 17

SIRC Dec, 16

SIRC June, 17

EIRC Dec, 16

EIRC June, 17

NIRC Dec, 16

NIRC June, 17


Shri Chandra Shekhar GuptaGeneral Manager (Finance)NBCC (India) Limited

INTERVIEW WITH THE RECRUITER - CMA CAMPUS PLACEMENT DRIVE 2017 - 18

1. How is your experience in conducting placement drive with the Institute of Cost Accountants of India?

It is an appreciable endeavour of the ICAI, I had observed that the team organizing the placement event on behalf of ICAI is profes-sional in their approach and have good event management skills.

2. How do you rank skill sets of our students as per the job speci-fications?

So far my experiences are con-cerned, students now are more ori-ented towards academics only as most of the students are fresh and hardly have any on-job experience. However, the skill sets of students need to be improved especially soft skills as the job specifications and requirements in the industry are quite different than just finishing the given work.

3. How many candidates you se-lected from the CMA Placement Drive?

In the capacity of Selection Com-mittee and Chairman of Selection Committee, I have selected 12 can-didates so far from the Institute in the CMA Campus Placement Drive October, 2017.

4. What are the additional skill sets required by the candidates to come out with flying colours in the interviews?

To be precise, candidate should be well versed with day-to-day hap-penings in the world economy and financial dynamix. They should also keep themselves aware of the new laws, notifications and chang-es in statute. Further, to add to the personality, it is also expected that they are aware of political, sports, entertainment and other contempo-rary developments.

5. Do you get all the support from the Placement Directorate of the Institute for conducting in-terviews?

My answers are affirmative.

6. What are your suggestions for next placement drive?

Firstly, I would suggest that the day to be allotted to PSUs should not be same as PSUs have several criteria and formalities to finalise the candidates. The result of the selected candidates should first be discussed amongst participating employers. This will facilitate ra-tional distribution of talent amongst all participating PSUs and students will also not be confused with mul-

tiple placement or secondary place-ment.

7. Are you planning for next placement drive in our Institute?

Since the placement process is initiated at the Corporate Office level and as a matter of policy, Cor-porate Office takes decision about placement drives. The decision tak-ing authority lies with C.O. Howev-er, as of now, NBCC is very much positive about its present policy of campus selection and it can be ex-pected that NBCC will participate in future placement drives of ICAI.

8. Do you provide induction to the candidates selected through Campus Placement?

Yes, our company has system-ic induction program and training schedule for candidates select-ed through campus placement. It is our belief that fresh candidates should first be made acquaint with the Company’s policies processes, practice and business.


1. How is your placement drive experience with the Institute?

It was well organised and planned. The slots were dedicated and the in-terviews happened in a phased man-ner.

2. How do you rank skill sets of our students as per the job speci-fications?

The candidate quality was good, ex-posure to real world in accordance to industry could be improved.

3. How many candidates you have selected from the CMA Placement Drive?

We had shortlisted three candidates from this placement drive.

4. What are the additional skill

sets required by the candidates to come out with flying colours in the interviews?

Candidates seemed equipped with interview skills sets. None of them lacked in confidence.

5. Do you get all the support from the Placement Directorate of the Institute for conducting inter-views?

The support has been amazing and the coordination was very well planned and executed.

6. What are your suggestions to-wards the students for next place-ment drive?

Background research on the visiting companies for the interview should

be done and the students should be acclimatised with industry specific accounting requirements.

7. Are you planning for next place-ment drive in our Institute?

Yes, we definitely look forward to recruiting from the Institute based on our requirement and available posi-tion.

8. Do you provide induction to the candidates selected through Cam-pus Placement?

Induction is a basic requirement for any candidate to understand our spe-cific requirements in terms of best practices followed in the organiza-tion. We definitely provide induction programme to the selected candi-dates.

Shri Prakash Sashidharan DirectorOrion Pest Solutions Private Limited

INTERVIEW WITH THE RECRUITER - CMA CAMPUS PLACEMENT DRIVE 2017 - 18


1. How is your placement drive ex-perience with the Institute?

My placement drive experience was excellent. In those 12 days orienta-tion program I got to learn various things regarding the industry from great experts which enhanced my knowledge. I got the opportunity to meet some industry experts who motivated 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.

2. Have you got briefing about the company before placement drive?

Regarding briefing I will say that the institute simply provided us with the information relating to which companies are going to come for placement and nothing else. It was informed time to time.

3. How supportive are our In-stitute’s Placement Directorate in providing information about placement drive?

Institute's Placement Directorate are very supportive in providing all details relating to placement drive. If anyone has any quires then they are always there to solve it. I will say that in order to make a placement drive successful it requires the par-ticipation of the whole placement cell.

4. How many companies you at-tended?

I got the opportunity of attending only one interview that is of ITC-Foods Ltd., because it was the first company to come for the interview. I was lucky enough to get selected in ITC Foods Ltd. which is a dream company. I was selected to give in-terviews in almost all the compa-nies which came for the placement but finally attended only one.

5. How is your interview experi-ence?

My interview experience was good. It was divided into 3 levels: First was GD which was based on a case study related to cost, Second

was Interview:Interview 1. - Technical RoundInterview 2 - Technical plus HR Round.

I believe that interviews are held to check your confidence level rath-er than your technical knowledge, though knowledge is important to crack an interview but most Im-portant is one's attitude.

6. What are the common questions asked by the interviewers/ compa-ny representatives?

Common questions that were asked includes :•Tellmeaboutyourself•WhyyouwanttojoinITC?•ImplicationsofAS9,10,17,22,18•GSTanditsimplications•Certainpracticalcasestudies•Taxrelatedqustion(speciallynewincome tax rules) •InsAS•Certainpersonalinformations

7 Whether our Orientation Pro-gramme is helpful to face inter-views in the CMA Campus Drive?

CMA Agniswar MukherjeePlaced through CMA Campus Placement Drive October 2017 at ITC Food Ltd.

FEW WORDS FROM A SUCCESFUL CANDIDATE


The 12 days orientation 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 in-dustrial knowledge provided by em-inent personalities helped a lot in in-creasing my motivation and passion towards industry.

8. Are you happy with the place-ment you got?

Yes, I am happy with my placement This was the first interview I ap-peared in the CMA Campus Place-ment Drive and in the first instance only I was selected that to in my dream company.

9. What are your suggestions to your juniors?

My suggestions 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.

10. How do you handle stress and pressure in the interview? Please suggest the juniors.

I believe that if you know the answer and you are confident with it then you will not be in a stress. Stress and pressure arises in two situations - first, if you don't know the answer of the question asked by the inter-viewer and seceond, if you know the answer but you are not confident enough to speak. In my opinion, before appearing for an interview one should be well prepared with at least the common questions that can be asked because once a person becomes comfortable on answering

one or two questions, it will auto-matically help in reducing stress and you will become more confident. So I would suggest that just be calm and go with a cool mind.

11. How do you want to see your-self five years down the line?

After five years I see myself playing important roles as a team leader in ITC Foods. Building my personali-ty and enhancing skills and knowl-edge. Even I want to pursue one more professional course.

13. How do you want to spend your first salary?

I want to divide my salary into two parts in in the ratio of 3:1. The 3/4 th part of it will be invested for future use and the remaining part will be spent in buying gifts and dinner.


CAREER COUNSELLING 2017 - 18


CFO & HR DISCUSSION MEET 2017 - 18

CFO & HR Discussion Meet on the theme “Skill Development & Employability – Agenda for Economic Devel-opment” organized by the Institute at Kolkata on 22nd September, 2017 and at Bhubaneswar on October 22, 2017.

CFO, MD, GM and HR heads from various PSUs and Private sectors like NALCO, CAG, BCCI, Webel Technology Ltd., MSTC, SBI, BHEL, SIEMENS, Bank of Baroda, LIC, Bose Information Technology Pvt. Ltd, Ernst & Young, SAIL, Yes Bank, Techno India Group, UMCL,Globsyn Business School, Indo-German Chamber of Commerce, DIC India Ltd., Peerless, Metro Railway, Tata Steel Ltd., Paradeep Phophates Ltd., Odisha Thermal Power Corp. Ltd. Odisha Power Transmission Corp. Ltd. Heavy Engineering Corp. Ltd etc. actively participated and shared their views on the theme topic of the day. Hon’ble Chairman, Odisha Skill Development Authority, Govt. of Odisha also came in the discussion meet at Bhubaneswar, Odisha. The discussion meet relates to enhancement of skill among young gen-eration and thereby enhancing their employability to resolve jobless scenario in the country as an important agenda for economic development.


ORIENTATION PROGRAMME & CMA CAMPUS PLACMENT DRIVE 2017-18

CMA CAMPUS PLACMENT DRIVE 2017 - 18

ORIENTATION PROGRAMME 2017


GLIMPSES OF PRESS RELEASES - CMA CAMPUS PLACEMENT DRIVE 2017


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