The Institute of Chartered Accountants of India
Committee for Members in Industry & Business
Campus Placement Programme
February-March, 2022
Frequently asked Queries by the participating recruiting entities
Online Registration on https://cmib.icai.org/campus-signin?user_type=company for participation in Campus Placement Programme February-March, 2022 is a system driven process. The CMI&B has come up with the answers to a few frequently asked queries by the recruiting entities.
Q1. What benefits are provided by Campus Placement Programme to the Recruiting Entities?
Q2. What are the steps to be followed for the online registration?
Following steps are to be followed by the Recruiting Entities for the online registration:
STEPS FOR REGISTRATION FOR RECRUITING ENTITIES FOR CAMPUS INTERVIEWS
Q3. What all information has to be disclosed by the recruiting entities to the ICAI/ Candidates at the time of online registration?
The Recruiting Entities have to disclose the following facts at the time of their online registration:
DISCLOSURE OF INFORMATION REQUIRED FROM RECRUITING ENTITIES
The recruiting entities need to specify the following information clearly (on the portal) in Proforma:
♦ Internal Selection criteria:
a. Whether graduation is must
b. Number of years to complete CA final exam from the date of registration
c. Number of attempts in passing CA Final/inter/CPT/Foundation Course
d. Reservation, if any, (UR, OBC, SC, ST, EWS, PH) should be specified on the portal.
e. Bond, if any, (period and amount of Bond)
f. Any other important point/aspect
♦ Recruiting entities opting registration for more than one centre should specifically mention the name and contact details of respective recruiting official.
♦ Declared vacancies should be mentioned centre wise along with actual place of posting rather than marking PAN India.
♦ Medical examination, if any, is to be conducted at the earliest possible so that the candidates who have given consent would not lose any opportunity for attending smaller centre interviews, because of being found unfit.
♦ Job profile with description + responsibilities + place of posting in Department and City. e.g If a company ‘Y’ has posted 50 vacancies on portal for Corporate Banking, then the break-up of positions should be mentioned as Credit Manager-20, Relationship Manager – 10, Global Investment Banking – 20
etc.
♦ Besides routine working hours (9:00 AM to 6:00 PM) if there is any shift duty (for BPO/KPO etc.) that should be indicated properly including flexi hours for females, if any.
♦ The Breakup of the CTC and the Minimum Take Home Salary to be paid.
♦ Importantly, declared vacancy to be filled up in full and in the event of not doing so, justifiable reasons should be furnished.
Q4. What are the norms for the allotment of day slots?
Norms for Allotment of Day Slots
| Centre | Priority 1 | Priority 2 | |
| Bengaluru, Chennai, Kolkata, Mumbai & New Delhi | Day Premier | Companies Paying CTC of INR 20 lakh per annum & above (INR) for domestic Posting or USD 100,000 per annum and above for International Posting to all the candidates. | Companies which want to recruit more than 10 candidates from all centres & paying CTC of more than INR 17 Lakh Per Annum to all the candidates. |
| Day 1 | Companies Paying CTC of INR 12 lakh per annum & above (INR) for domestic Posting or USD 60,000 per annum and above for International Posting to all the candidates. | Companies which want to recruit more than 20 candidates from all centres & paying CTC of more than INR 10 Lakh Per Annum to all the candidates. | |
| Day 2 | Companies Paying CTC of INR 9 lakh per annum & aboveto all the candidates. | Companies which want to recruit more than 15 candidates from a centre & paying CTC of more than INR 8 lakh per annum to all the candidates. | |
| Day 3 | Companies Paying CTC of INR 7 lakh per annum & aboveto all the candidates. | Companies which want to recruit more than 10 candidates from all centres & paying CTC of more than INR 6.5 lakh per annum to all the candidates. | |
| Day 4 | Companies Paying CTC of INR 6.5 lakh per annum & aboveto all the candidates. | Companies which want to recruit 5 candidates from all centres & paying CTC of more than INR 6 lakh per annum to all the candidates. | |
| Day 5 and subsequentday | First come First Served Basis (Subject to fulfilling the minimum CTC criteria of paying INR 6 lakh) | ||
| Ahmedabad, Hyderabad, Jaipur & Pune | Day 1 | Companies Paying CTC of INR 10 lakh per annum & aboveto all the candidates | Companies which want to recruit more than 10 candidates from all centres & paying CTC of more than INR 6 lakh per annum to all the candidates |
| Day 2 Onwards | First come First Served Basis (Subject to fulfilling the minimum CTC criteria of paying INR 6 lakh) | ||
| Bhubaneswar, Chandigarh, Coimbatore, Durgapur, Ernakulam, Indore, Kanpur, Nagpur, Noida, Rajkot, Thane & Visakhapatnam | On First Come First Served Basis (Subject to fulfilling the minimum CTC criteria of paying INR 6 lakh for bigger centres and INR 5 lakh for smaller centres) | ||
Q5. What is the fees structure of the Campus Placement Programme?
Tariff for the Recruiting Entities*-
| Location | Fee per centre per day (INR) | |||||||
| Day Premier | Day 1 | Day 2 | Day 3 | Day 4 | Day 5 | Day 6 | ||
| a. | Mumbai & New Delhi | 6,00,000 | 4,20,000 | 3,50,000 | 2,45,000 | 1,40,000 | 70,000 | 20,000 (Last day for CA firms up to 10 partners |
| b. | Bengaluru, Chennai & Kolkata | 4,00,000 | 2,80,000 | 2,00,000 | 1,25,000 | 75,000 | 20,000 (Last day for CA firms up to 10 partners | NA |
| c. | Ahmedabad, Hyderabad, Jaipur & Pune | NA | 2,00,000 | 1,25,000 | 75,000 | NA | NA | NA |
| d. | Thane & Noida | NA | 1,00,000 | 50,000 | NA | NA | NA | NA |
| e. | Bhubaneswar, Chandigarh, Coimbatore & Indore | NA | 50,000 | 25,000 | NA | NA | NA | NA |
| f. | Kanpur | NA | 25,000 | 20,000 | NA | NA | NA | NA |
| g. | Durgapur, Ernakulam, Nagpur, Rajkot & Visakhapatnam | NA | 20,000 | NA | NA | NA | NA | NA |
| i. | Fee payable for conducting online psychometric test on the date of written test | 10,000/- Per Centre | ||||||
* Plus GST @ 18%
Q6. What can be the different modes of payment?
Following are the two modes of payment for the campus Placement Programme:
The payment may also be made through Net Banking (NEFT/RTGS), for which details are as follows:
Kindly also note that the PAN No. of the Institute is AAAAT7798M and GSTIN No. 07AAAAT7798M1ZL
Q7. If Recruiting Entities do not participate after registration, will they get the refund?
No, the amount will not be refunded once the candidates’ data base has been shared with the recruiting entity.
Q8. What is the short-listing procedure by the Recruiting Entities?
Following steps have to be followed by the Recruiting Entities to shortlist the candidates:
SHORTLISTING PROCESS OF THE RECRUITING ENTITIES
Sharing of Database only on payment of Participation Fees: – Automatic access to the database of the candidates will be available in the system to company who have already paid the participation fee on stipulated date. No refund of fees would be made in case a recruiting entity withdraws after confirming the participation and having access to database.
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Shortlisting in Two Rounds: – Companies shall short list the candidates in two rounds. After the first round of short listing, companies can see the database of the candidates who have not been shortlisted so far and shortlist the remaining candidates in the second round.
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Online Shortlisting: – Companies shall mark the shortlist of the candidates online within the last date of short listing at the respective centres.
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Note: The various dates by which the companies have to submit their shortlists and the schedule of the interviews are also available on https://cmib.icai.org.
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Limit on Short listing: –
- Short listing by individual recruiting entities should be restricted to maximum 10 times of the number of vacancies declared to be filled up from a particular Campus Placement Programme centre.
- Candidates shall also be able to view the shortlists online.
- A candidate can select only four (4) recruiting entities irrespective of the number of recruiting entities shortlisted them.
Q9. How many rounds of shortlisting will be there?
Companies shall short list the candidates in two rounds. After the first round of short listing, companies can see the database of the candidates who have not been shortlisted so far and shortlist the remaining Candidates in the second round.
Q10. Are there any criteria for minimum salary packages by the Recruiting Entities?
The minimum CTC for the recruiting entities is INR 6 lakh for bigger centres and INR 5 lakh for smaller centres for Campus Placement Programme February-March, 2022
The list of centres are given below:
- Bigger centres – Ahmedabad, Bengaluru, Chennai, Hyderabad, Jaipur, Kolkata, Mumbai, New Delhi & Pune
- Smaller centres – Bhubaneswar, Chandigarh, Coimbatore, Durgapur, Ernakulam, Indore, Kanpur, Nagpur, Noida, Rajkot, Thane & Visakhapatnam
Q11. What are the facilities that will be provided to Recruiting Entities by the Institute?
- Timing:- The timing for the Interviews at all days shall be from 9:00 A.M. to 6:00 P.M as far as possible.
- Interviews will be conducted through virtual mode by the platform convenient to the participating organization as per the roster prepared by ICAI.
- Link for attending virtual interview will be shared by participating organization with all consented candidate on their registered e-mail id.
- Recruiting entity is requested to intimate well in advance (4 days prior to interview) information regarding number of panels coming for G.D. / interview so as help us in slot allocation and hassle free process on the scheduled date of interview.
- Collection of online declaration of selected candidates.
- Companies can download CV of candidates after roaster is prepared for interviews.
Q12. Will the candidates be available for immediate joining?
Newly qualified Chartered Accountants who are completing their articleship training between 1st November, 2021 and 30th April, 2022 are eligible for the Campus Placement Programme February-March 2022.
Candidates registered shall be ready to join the organization immediately thereafter.
Q13. Is there any paper work involved?
No paperwork of any sort is involved. Everything is to be done online.
Q14. Is there any pre or post selection formalities to be fulfilled by the Recruiting Entities?
Once a recruiting entity has selected any candidate and the offer is accepted by the candidate, it is the responsibility of the recruiting entity to inform the
organizers and provide the offer letter duly signed by them to the candidate who have accepted the offer. It is in the interest of recruiting organizations to inform ICAI about the offer made, so that ICAI can block the selected candidates from appearing for interview before any other participating recruiter.
Once a candidate has given consent, it is mandatory to conduct interview, otherwise he loses the limited chance of selection given to him.
Once a candidate is selected by recruiting organization it is mandatory to take declaration, so that ICAI can block him/her for participation in other
organization.
Q15. What if a Recruiting Entity is not able to attend the programme on the days allotted to them originally?
At least 4 days prior notification should be provided to ICAI so that it can arrange for some other slot to the entity and inform the shortlisted candidates as well.
Q16. Can Recruiting Entities reach the candidates at personal level?
Recruiting entities should not interact directly with candidates for collecting hardcopies of Bio- Data etc. Correspondence with the recruiting entities/ students
shall be done by ICAI.
Q17. Can the interview dates be available to Recruiting Entities as per their needs?
Interview dates are allotted according to the
- CTC paid to the candidates
- Number of vacancies to be filled
- Fees paid to the Institute
Q18. What shall be the composition of interview team to be finalized by the Recruiting Entities?
At the time of interview, recruiting entities may consider to have in the Interview Board a representative from technical side and a representative from
HR side.
Q19. Are the Recruiting Entities allowed to declare open interviews?
No, open interview cannot be declared.
Q20. In case of any further queries whom should the Recruiting Entities write to?
Tel. No.: (011) 30110555 | E-mail: [email protected]
