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The Institute of Chartered Accountants of India (ICAI) offering industrial training for CA students to provide practical training and exposure to Chartered Accountancy (CA) students. This training helps students build the necessary skills to help them become future professionals.
ICAI industrial training companies seeks to provide candidates who want to pursue a job in the industry with the necessary real exposure and understanding of finance. The training has a minimum duration of 9 months and a maximum of 12 months. Additionally, an article trainee can only work as an industrial trainee during the final year of his designated term of articleship.
The stipend of an Industry Trainee ranges between Rs. 0.4 lakhs per year - 6 lakhs per year, and the average stipend is Rs. 3 lakhs per year.
n this article, we delve into the top CA industrial training companies, providing insights on the leading CA firms that offer exceptional industrial training opportunities.
Top 10 Companies For CA Industrial Training
1. Morgan Stanley
Morgan Stanley has been mobilising money to help governments, corporations, and people around the globe to achieve their financial objectives for over 80 years. The firm offers a range of products like investment banking, capital markets, equities, fixed income, commodities, and derivatives. There are mainly investment banking, regulatory reporting or research roles.
Average Morgan Stanley CA Industrial Trainee stipend- Rs. 50k/ month (approx.)
Overall rating- 4.1 / 5
Unlock the secrets to securing an industrial training position at Morgan Stanley with our in-depth guide. From application tips to making the most of your experience, we've got you covered. Start your journey towards a promising finance career today.
2. Hindustan Unilever
Hindustan Unilever fulfils daily requirements for nourishment, sanitation, and personal care and has a heritage of over 85 years. Hires for category finance positions (products) as well as central duties such as taxes, company accounts, and so on for their Mumbai branch. They too hire for their Banglore office.
Average Hindustan Unilever CA Industrial Trainee stipend- Rs. 26.5k/ month (approx.)
Overall rating- 4.3 / 5
3. Deloitte
Deloitte stands out as one of the best companies for CA industrial training, recognized globally as one of the world's four largest professional services firms, especially within the Big 4. The firm excels in providing a wide range of services, including risk advisory, tax, audit and assurance, financial advisory, and consulting
Average Deloitte CA Industrial Trainee stipend- Rs. 25k/ month (approx.)
Overall rating- 4.1 / 5
If you're aiming to elevate your career in finance, don't miss our essential guide on how to pursue industrial training at Delloite, offering a roadmap to navigate the application process and maximize your learning experience.
4. Nomura Holdings
Nomura Holdings is the parent business of Nomura Securities (one of Japan's largest financial banks and brokerage firms). The firm provides services such as- trading, research, stock and bond underwriting and mergers and acquisitions (M&A) consulting. The majority of the positions are in investment banking, governmental reporting, or research.
Average Nomura Holdings CA Industrial Trainee stipend- Rs. 41k/ month (approx.)
Overall rating- 4.0 / 5
5. Henkel
After being founded in 1876, Henkel is a global brand catering to Adhesive Technologies, Beauty Care, and Laundry & Home Care services.
Average Henkel CA Industrial Trainee stipend- Rs. 26k/ month (approx.)
Overall rating- 4.4 / 5
6. DBS Bank
DBS offers various SME, individual and corporate banking services throughout Asia and the Middle East. Their services include cash management, loan facilities, company risk protection, trade funding and capital market instruments. The roles offered by them are mainly in internal Audit and other banking duties.
Average DBS Bank CA Industrial Trainee Stipend: Rs. 25k/ month (approx.)
Overall rating- 4.0 / 5
For aspiring finance professionals looking to gain an edge, our comprehensive guide on securing CA industrial training from DBS is a must-read. Discover the steps, tips, and insights that can pave the way for a successful training experience.
7. Flipkart
Established in 2007, Flipkart is an online shopping app with a large customer base and millions of sellers. They hire primarily for their Bangalore branch.
Average Flipkart CA Industrial Trainee stipend- Rs. 45k/ month (approx.)
Overall rating- 4.1 / 5
8. Infosys
Having an experience of over 40 years, Infosys is a worldwide leader in AI, technology services and consulting.
Average Infosys CA Industrial Trainee stipend- Rs. 21.5k/ month (approx.)
Overall rating- 3.9 / 5
9. Shell
Shell is one of the most diverse multinational oil firms in India's energy industry. This company is an important private-sector provider of crude goods and chemicals to India.
Average Shell CA Industrial Trainee stipend - Rs. 33k/ month (approx.)
Overall rating- 4.1 / 5
10. Ernst & Young (EY)
Ernst & Young's (EY) services include consulting, assurance, tax, and transaction. This company is also one of the Big 4’s.
Average EY CA Industrial Trainee stipend: Rs. 25k/month (approx.)
Overall rating- 3.9 out of 5
Pro Tip: Try to inform your current company at least 3 months before the actual commencement of CA industrial training.
Overall, industrial training will introduce you to a wide range of functions and difficulties that organisations encounter. You will meet some knowledgeable people who are excellent CAs, and top B School graduates at these CA industrial training companies, so try to gather as much information as possible from them. Make the most of this opportunity.
Embark on a transformative journey in your finance career by exploring our detailed guide on how to pursue industrial training from EY, filled with expert advice, application strategies, and more to help you succeed.
Top Companies Providing CA Industrial Training for Students
- CA Industrial training in JP Morgan: Eligibility and How to apply?
- How to Pursue CA industrial training from DBS?
- Industrial Training at PwC: Eligibility, Types of Internships, and How to Apply?
- How to pursue CA industrial training from HSBC?
- How to pursue CA industrial training from Credit Suisse?
- How to Pursue Industrial Training at Deutsche Bank?
- How to pursue CA industrial training from DE Shaw?
- How to Pursue Industrial Training at Morgan Stanley?
- How to Pursue Industrial Training at Goldman Sachs?
- How to Pursue Industrial training from EY?
- How to pursue industrial training at KPMG?
- How to Pursue Industrial Training at Deloitte?
