Understanding the Shortlisting Criteria for ICAI Campus Placements: Marks, Attempts, and More
Understanding the Shortlisting Criteria for ICAI Campus Placements: Marks, Attempts, and More
The Institute of Chartered Accountants of India (ICAI) typically has specific shortlisting criteria for campus placements, which can vary slightly from year to year and by the firms involved. This article delves into the key factors that companies consider when shortlisting candidates for ICAI campus placements, focusing on marks, number of attempts, and other relevant factors.
1. Marks
One of the most crucial factors in shortlisting for campus placements is the aggregate score in the CA final exams. Companies often look for candidates with a minimum aggregate score. This threshold can vary depending on the firm, but as of the latest available data, many firms require an aggregate score of around 55 to 60. Some firms may set higher thresholds.
2. Number of Attempts
Most firms prefer candidates who have cleared their CA exams in the first attempt. However, some firms may allow for one or two attempts, especially considering the overall candidate pool. The number of attempts can be a significant factor, but it is not the only one. For instance, Vedanta, Nestle, BPCL, and IOCL are known to shortlist candidates based on the number of attempts, while ITC, Goldman Sachs, and Dell tend to prioritize candidates with higher marks.
3. Other Considerations
Beyond marks and the number of attempts, companies also consider other factors such as communication skills, interpersonal skills, and relevant experience such as internships. These factors are particularly important for firms like Accenture, Infosys, Deloitte, PwC, EY, KPMG, and BDO. For example, these firms may prioritize candidates who have undergone articleship and have post-qualification experience.
4. Variations by Company
It is important to note that the shortlisting criteria vary among companies. Some firms have a straightforward algorithm based on marks and attempts, while others consider a more holistic approach. For instance:
Vedanta, Nestle, BPCL, IOCL: Companies which shortlist based on the number of attempts. ITC, Goldman Sachs, Dell: Companies which shortlist based on marks. Accenture, Infosys, Deloitte, PwC, EY, KPMG, BDO: Companies which shortlist based on articleship exposure and post-qualification experience.While the number of attempts and marks play a significant role, there is no one-size-fits-all algorithm. The above list is based on an analysis of industry practices and is subject to change depending on the specific firm and the placement season.
Conclusion
In summary, while marks and the number of attempts are crucial factors in ICAI campus placements, they are not the only criteria. Additional factors such as communication skills, interpersonal skills, and relevant experience are also important. It is recommended to refer to the official ICAI notifications or the placement cell of your college for the most accurate and specific criteria for a particular placement season.
Remember, every company has its unique approach to shortlisting candidates. Prepare thoroughly, network, and stay informed about the latest trends and requirements. All the best!