According to the Institute of Chartered Accountants of India (ICAI), 5375 newly qualified CAs registered with the Institute for February-March 2011 placements. 73 Interview teams participated in place one of the placements at 11 smaller centers. Over 1710 candidates were short listed through Interviews and 528 candidates were offered jobs. This year the highest salary offered at smaller centers was Rs.9.05 lakhs p.a.
Phase II was conducted in Bangalore, Hyderabad, Kolkata, Mumbai, New Delhi and Chennai. On the first day, ITC made a job offer of Rs.13.90 lakhs p.a., and ICICI Bank offered jobs to 100 candidates. Though banks such as ICICI Bank, SBI, Axis, Bank and Credit Suisse, have recruited in the past, MNCs such as Reckett Benkciser, L&T, Genpact, Nestle, Olam, Lanco Infratech, are also participating. Other prominent companies include TCS, Indian Oil Corporation, Capital 1Q, Vedanta Resources Plc, Reliance Industries Ltd, HSBC, Infosys and Nestle.
