Our concept is based on the issues faced by CA students during articleship period and also after completing CA. We all have almost the same story. Most of the CA students work full day in office during their articleship period and take morning and evening classes. Even after this much of hard work approx. 90 to 95 % students have to face multiple attempts.
I also did my articleship with full enthusiasm and of course learned a lot by visiting various audits non stop in different cities but it cost me my coaching time. During those days online coaching was not available. The result was i had to give multiple attempts to clear CA finals.
At last when i cleared my CA finals in may-2013, feeling happy and excited about my new life, i came across the truth about jobs and campus placements. CA’s passing in multiple attempts does not only have to face their family and relatives but also the differentiation being done in corporate world. I will share my experience about my campus placement.
I filed for campus placement from Banglore where in when we reached the hotel where campus placement was taking place, sitting arrangement for ITC selected candidates or first attempt candidates were separate from multiple attempts ones. This was the first time i felt bad about being pass out in multiple attempts.
I was shortlisted in two companies, i cleared GD (Group Discussion) for both companies. In first company the candidate selected after GD was the one who have not even spoken a single word in GD just because he was from Deloitte. In the second company after my GD when we were waiting for Personal Interview, the company was talking two three rounds for the first few candidates then after that when they realised that the number of candidates is huge and they won’t be able to complete PI for all of them, they decided to put their selected candidates on bench and keep continuing with the interviews. My number came at night by 9-9:30 pm. Till then everyone was exhausted and they just asked me about myself and said Thank you. Well when they have kept candidates on bench it was understood that they have been selected, the company was just completing the process. It is not the mistake of the company just my luck that i got my number late for PI (Personal Interview).
After the campus when i had no job, it is very difficult to find the job specially when you are in financial stress.
After all this when you want to move to a corporate, there is till a difficulty as we have done mostly audits in our training while the companies need managers who can handle a team, cash flows, MIS (Management Information system) or operational profitability, he is able to develop a forecast on a regular basis, prepare budgets, take business decisions, data analytics, contract vetting etc which we have not done of course. So we have chances only in the positions of Internal audit of a company or a CA firm.
After my campus placement, i opted for a job in Kalani & Co., Jaipur which is a very reputed firm in whole Rajasthan. The issue was the movement from there to the corporate world as my experience was in audits and balance sheet finalisation while the corporates are looking for candidates to work in the field of Taxation and Operational finance.
After a lot of struggle i somehow managed to move to Marriott Hotels in Mumbai and got the profile of Operational finance and worked there as a Finance Manager. From there the path was somewhat easy as a brand value was added to my CV.
From all of this i learned one thing that if a CA student want to work in a corporate world, he has only one option that he should go for Industrial training in last year of articleship. Most of the CA students don’t opt for this option as corporate allow only 3 months leave for final examination.
To solve these issues we have developed some courses based on the profiles of a Finance manager or Financial Controller so that a CA student can have a flavour of all aspects of finance vertical whether it is taxation, treasury, financial management, forecasting and budgeting, MIS, operation profitability analytics, customer data analytics and suggestion on business developments.
Today the role of finance professionals is not limited to just taxation and balance sheet, but companies require their inputs on business advisory and business development.
If you are a multiple attempt pass out, these courses are for you. Our moto is to help all those multiple attempt CA students who wants a good opportunity and believe they can do it but they are not getting even a single opportunity to prove themselves. To get this opportunity of being a financial leader in a corporate role, you need to possess some skills which are not available with the first attempt ones. These courses with give you an edge over them.
We use a case study approach, giving you the exact conditions and data which we get in the corporate world and ask you to solve a problem or prepare executive summaries for management. Our method of teaching is clear you have to work on the exact data , inputs and documents (just modified to keep the originality but not the identity) just like you are working in a corporate world. Once you are able to analyse and interpret this data you will get the confidence to discuss the same in front of all Head of departments and put your suggestions upfront.
After completing these courses you will get the confidence to face the interviews and explain your wide portfolio of work (which you have done here) other than audits. You will be able to explain the interviewer how you will be able to add value to the organisation.
We will say just dont stop keep on going and add value to yourself, one day you will find yourself better than your counterparts whether they are rankers or first attempt pass outs because in the corporate world your talent, your approach, your mindset is all that matters and not the numbers. You just nee the chance to get in there.