23 February 2025

ICAI Campus Placement 2024: PFC Offers Record-Breaking Rs. 26.7 Lakh Package; 240 Companies Participate

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ICAI 60th Campus Placement 2024: This year, Power Finance Corporation was among the top recruiters with the highest domestic package of Rs. 26.7 lakh per annum. The average salary offered was Rs. 12.49 lakh per annum.

ICAI Campus Placement 2024: PFC Offers Record-Breaking Rs. 26.7 Lakh Package; 240 Companies Participate

Image Credit: Times Now

ICAI Campus Placement: This year, the Institute of Chartered Accountants of India (ICAI) saw its highest-ever offered domestic package of Rs. 26.7 lakh per annum, given by PFC (Power Finance Corporation) during its 60th campus placement. A total of 240 companies participated this year in the placement process.

“This year has been a landmark achievement, witnessing the highest-ever participation of 240 companies, the largest batch of newly qualified Chartered Accountants (CAs), and record-breaking salary offers, making it the most remarkable placement season in ICAI’s history,” said CCM Chairman CMI & B Khandelwal on X (formerly Twitter).

As per the data provided by ICAI, 66,987 students appeared in this year’s Group 1 exam, and as many as 11,253 students passed, comprising 16.8% of the total. In Group 2, 49,459 students appeared for the exam, and 10,566 (21.36 percent) passed. A total of 30,763 candidates appeared in both groups, and only 4,134 passed, taking the pass percentage to 13.44 percent. A total of 11,500 candidates have qualified as Chartered Accountants (CAs), the official notification said.

AIR 1 was secured by Heramb Maheshwari from Hyderabad and Rishab Ostwal R from Tirupati, both of whom achieved All India Rank 1 by scoring 508 marks, which is 84.67%. ICAI declared the final result of the November 2024 exam on December 26. The exams for the November 2024 session were conducted as Group 1 exams held on November 3, 5, and 7, and Group 2 exams on November 9, 11, and 13.

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Kumar Tushar Singh
Kumar Tushar SinghFreelance Journalist
Kumar Tushar Singh is a skilled content writer with a robust background in finance and a deep understanding of political affairs. Having served as a content writer intern at a notable NGO, Kumar has honed his ability to create insightful and impactful content. His financial expertise, combined with strong research skills, enables him to produce well-informed financial articles and reports. Kumar's dedication to excellence and his versatile writing capabilities make him a valuable asset in any content creation role.

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