IIM Shillong placements 2023: Highest package recorded at Rs 71 30 lakh, check average salary offer, job details IIM Shillong placements 2023: Highest package recorded at Rs 71.30 lakh, check average salary offer, job details

The internship offered as part of the programme is virtual because the KPMG in India team has been working remotely since COVID-19. Upon completion of case studies, boot camps, hands-on projects and in-person peer collaborations, you will be granted a Certificate of Graduation – MasterCamp in Applied Finance. We have found this arrangement to be effective for peer learning and forming genuine friendships as you work towards kickstarting your career in Finance.

Accenture provides a great work environment with excellent career growth opportunities for all its employees. MBA and MCom are both good choices of postgraduate degrees for any commerce graduate. However, both courses are vastly different in a number of aspects, even the area of focus. MBA is a professional course that focuses on preparing candidates for managerial positions in key sectors of business. M.Com involves a further detailed study of subjects such as taxation, finance, and accounts.

However, with continuous focus on planning the work, serving clients from different time zone was becoming easy day by day.  Prepare analysis of engagement data  Prepare and analyze periodic reports and resolve incorrect project charges  Setting up Budgets for upcoming engagements/projects which also included activity based costing/budgeting.  Co-ordination with Financial Managers in UK on daily basis and Account Receivables/Payables team  Ensure compliance with firm policy guidelines which relate to the hours / expenses charged to the engagement.  Prepare Budget to Actual reports on a regular basis and commenting on any abnormal variances.  Comparison of current vs previous financial data of the audit engagements.  Publish Dashboard in MS Powerpoint of the team statistics and present it to the onshore.

How many of you wonder which are all the best career options after B.Com? Bachelor of commerce or B.Com is among the most popular graduation courses that students take after completing school. Continue reading this blog to make the best decision for your life.

You can always look for another degree that suits your interests. You can explore a whole range of courses related to the humanities and arts. With a background in commerce, you can try to pair your knowledge with a subject like psychology or anthropology, and try to figure out what can come out of that intersection. It is not necessary for you to stick to the commerce field even if you have already done a B.Com.

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The Wall Street Journal reported most partnehttps://1investing.in/ would be in line for multimillion-dollar payouts. A plan to split EY’s consulting and auditing businesses will handsomely reward the firm’s 13,000 partners. Our mission is to bring about better-informed and more conscious decisions about technology through authoritative, influential, and trustworthy journalism. Despite being accused of taking advantage of the open-source community, OpenAI has previously released quite a few models.

Cost of furniture or actual rent of furniture minus amount paid by employee.Accommodation provide in a Hotel NA24% of salary or lease charges payable in hotel minus amount paid by employee. This short-term professional course will give you the theoretical and practical knowledge of accounting and taxation you need to be prepared for the workplace. Goods and Service Tax , Direct Taxation, Payroll, Financial Reporting, Tally, Excel for Accounting & MIS, Finalization of Financial Statements, Busy Software, and SAP are all covered in the training syllabus. Auditors analyse data on spreadsheet when checking corporate accounts or financial control systems to evaluate risks and threats.

Finance?

MBA has wide recognition in Indian as well as global markets, and M.Com is recognized in India but not in global markets. A B.com degree helps students grasp the fundamentals of accounting, economics, taxation, business law, management, and insurance. However, it is crucial to remember that graduates from top universities and colleges have greater chances of landing a top-grade job for B.com graduates. Thus, it is recommended that you carefully choose your institute while enrolling in a B.Com program to open doors to opportunities like B.com graduate jobs. If you are not able to do a full-time MBA because of various reasons, you can take the MBA program from Deakin Business School offered by upGrad.

• Submit the online application along with the required documents.
• LLP. Despite the formal separation, EY recently came under the scanner of the National Financial Reporting Authority in India after it found EY’s member firm SRBC & Co.
• A plan to split EY’s consulting and auditing businesses will handsomely reward the firm’s 13,000 partners.
• The hardest part of job is to convince the client facing team and the client to fulfill the requirement of raising invoices as per GST/Service tax rules framed by Government/Law.

Although it seems like a simple choice, after obtaining a B.Ed degree, your average annual salary package can range anywhere between Rs. 2.5 – 4 LPA. The demand for professionals holding an ACCA certification is growing by the day. From planning and organizational abilities to problem-solving skills, accounting proficiency and more – having this designation will guarantee you a competitive edge over other candidates coming from similar backgrounds. When it comes to ACCA salaries in India, they can vary widely depending on the sector and job role you’re applying for. Generally speaking though, an individual with an ACCA certification can expect to earn significantly more than someone without one.

Certified Financial Planner (CFP)

On average it has been reported that these companies offer an ACCA salary in India between Rs 4-6 lakhs per annum after completing their trainee program, depending on the area of specialization they join in. After ascertaining the total income, i.e., income liable to tax, the next step is to compute the tax liability for the year. Tax liability is to be computed by applying the rates prescribed in this regard. Following table will help in understanding the manner of computation of the total tax liability of the taxpayer. Assuming the company is broken up successfully, it would naturally mean an end to the ‘Big Four’ era.

These are ways you can consider to lower your overall tax outgo. The third company on the list is Accenture India, one of the world’s largest consulting and technology services organizations. At Accenture, ACCA professionals can expect an average ACCA salary in India of INR 9 lacs per annum, plus bonuses and other perks based on performance reviews.

In this course, you learn to manage all the aspects of a business based on the specialization you choose. Unlike BBA which focuses primarily on coaching students for managerial positions, the B.com degree prepares the candidates for both the corporate world and entrepreneurship. Read the full article to get more course details such as career scope, job opportunities, and salary insights.

MBA is a professional course that helps you specialize in a particular field and gain relevant experience in the management world before you start climbing the corporate ladder. Due to the similarity in the subjects of an MBA and a B.Com degree, it will turn out to be useful when you try grasping the curriculum of an MBA. Furthermore, a B.Com gives you a good foundation in terms of theoretical knowledge. MBA is a course based on experiential learning, so it lets you put your theoretical knowledge into practice.

Institute of Chartered Accountants of India grants professional certification to candidates who successfully complete CA course to make them eligible to engage in professional practise. In this section, we have included the jobs after B.Com that students can apply in public, private as well as banking sectors. Find out the best B.Com jobs depending on the sector, salary, and your personal and professional career goals. I have enjoyed and created many cherish able memories working for one of the big 4 consulting/auditing firms . My typical Day at work would require me to provide consultancy to the client & prepare themselves for facing the Organization wide information security and business continuity Audits. I have to constantly update and discuss the requirements/ actionables/ achievements with senior management of some of the top companies.

In this section, we have included some of the most popular options for jobs after B.Com with their average as well as highest salary. There are more work options in the private sector than in the government sector, even though the two industries offer nearly identical occupations. ICICI Bank, ABC Consultants, Infosys, KPMG, Nestle India, and other reputable companies are just a few of those who hire candidates after completing a B.Com.

The CFP certification is a recognition of expertise in fields like financial planning, taxes, insurance, estate planning, and retirement. To earn this certification, you must meet four formal requirements – education, performance on the CFP exam, relevant work experience, and demonstrated professional ethics. CPAs are responsible for preparing financial statement audits and other attestation services to help inform investors about the financial health of companies and firms. Also, they offer advice on taxes and financial planning to both corporations and individuals. Their primary duty is to provide financial reporting and advisory services to encourage informed decision-making and foster financial growth. After completing this intensive course, you can choose from an array of promising job profiles, such as tax consultant, corporate legal assistant, company law assistant, finance manager, accounts executive, and tax analyst, to name a few.

Understandably, the pay varies for different streams, starting from 2 LPA and going up to 8 LPA based on your skill sets and experience. It has a duration of 6 months and avails career options like a financial consultant and insurance consultant for its graduates. A certified financial planner provides services to his clients with expertise on topics like investment plans, insurance decisions, tax issues, and personalized financial advice. A Financial Risk Manager’s primary job duty is to identify and analyze threats to the company’s assets, earning capacity, and performance or success in the market. Financial Risk Managers can work in sales, private banking, loan origination, credit/market risk, trading, marketing, and financial services. During the programme, you will receive assistance from the Career Services team at Masters’ Union and you will be able to track your career progression with a personalised plan.

Freshers currently pursuing B.Com/BBA/BA or equivalent Bachelor’s degree in Finance/Economics/Accounts with a minimum of 50% result. Selected candidates will be provided with an offer of admission to the programme. Get real campus feel with in-person classes, peer meetups & thriving Discord community. 4-month virtual internship & project experience at KPMG in India. If person who is senior citizen buys medical insurance for self and parents who are senior citizen he/she will be allowed deduction up to ₹ 1,00,000 (Self 50,000 + Parents 50,000). ~Your annuity/income is informed to you when you buy the plan and is guaranteed~ and unchanged for life.

ACCA is popular because it provides complete knowledge of IFRS , which is useful around the world. This means ACCA offers many job opportunities not only in India but globally. The last one is HSBC Bank India, where ACCAs can earn an impressive salary of up to 11 LPA.

The best part is the fact that we work , innovate , improve and develop as a ey director salary india who is constantly there to support each other in times of need or for just being there. The enjoyable part is to transform the requirements of the designed policy in to an effectively functional Process./ doing internal audits for identifying the weakness and taking steps to strengthen them. Make sure to invest your time in exploring all possible options and brainstorm on what’s suitable for you after the B.com degree. The current market trend shows a great career prospects and jobs for B.com graduates, provided they are willing to study further and stay updated with the trends in the market.

ALife Cover is the benefit payable on death of the life assured during the policy term. Here is what our delighted customers have to say about their online buying experience. We have calculated employee insurance premium for an assured amount of Rs 5 lakh. Both ACCA and MBA have their benefits, but it’s up to you to decide which one is right for you.

According to recent statistics, an average ACCA salary in India under the government sector can range from Rs 7-10 lakh per annum depending on their experience and the department they work for. With bonuses and other benefits, this figure can go significantly higher. Some of the most promising emerging sectors for jobs in India in 2023 include renewable energy, e-commerce, digital services, healthcare, telecommunications, educational services, retail and logistics and financial technology. ​​Projected salary increases for 2023 are slightly lower than the actual increases for 2022 across all job levels, except for blue-collar workers who are projected to have a slightly larger decrease in compensation in 2023. The top three sectors with the biggest forecasted salary increases are tied to technology. E-commerce has the highest projected salary growth at 12.5%, followed by professional services at 11.9%, and information technology at 10.8%.

• Various multinational companies hire fresh MBA graduates, and the starting salary ranges from 5 lakhs per annum to 25 lakhs per annum based on the Institute you graduated from and one of the best courses after b.com.
• It is not necessary for you to stick to the commerce field even if you have already done a B.Com.
• The Chartered Financial Analyst is a globally recognized professional designation offered by the CFA Institute.
• M.Com involves a further detailed study of subjects such as taxation, finance, and accounts.
• Salary Accounts are zero-balance accounts, i.e., you are not required to maintain a minimum balance.

The course is specifically designed for working professionals who aim to nourish their skills while working. Candidates gain great knowledge in business and finance that can be leveraged to advance in their careers or business ventures. There are plenty of short-term courses after B.com that you can pursue to further your chances of bagging high-paying jobs. It is noteworthy that scholarships are granted according to various criteria depending on factors like the candidate’s application, academic scores, work experience, if any, and performance in the interview. Neither Masters’ Union nor KPMG in India take any responsibility for your placement in a full-time role or the conversion of the virtual internship into a PPO upon the completion of this programme.

ACCA gives you more specialized skills, while MBA gives you a wider range of business skills. As a new ACCA Affiliate, you can expect to earn around INR 4 to 6 LPA. This salary will increase as your experience and performance at work grows. Further developing your career prospects are the attractive salaries offered by some of the Big 4 consulting firms in India’s private sector such as KPMG, Ernst & Young, PwC and Deloitte.

Your account number remains the same, and you can continue using existing bank debit and credit cards and chequebooks. Make life simpler by using BillPay to pay utility bills and get instant alerts. The maximum CTC provided was Rs. 71.3 LPA, with the highest CTC offered in the Consulting & Strategy and Finance areas at Rs. 41.0 LPA. Overall, the placements validated the institute’s reputation in the business as well as the students’ ability. Get a Zero Balance Salary Account and don’t worry about having to maintain a minimum balance in the account. Negate the requirement of cumbersome paperwork pertaining to salaries or maintenance of records.