ICAI stats (year 15-16)

People frequently asks or want to know about the total members of ICAI, so here I am updating the important figures below:

Total members as on 1st April 2016: 253,337 
(you may refer page 56 Annual report 2015-16)

It doesn't look like a huge figure but it is actually a big figure, when we have to keep CA profession and their future in contrast.

New members registered during 2015-16: 13,363

During 2014-15 , new members registered were : 10,295

( refer page 85 of annual report of ICAI ) - Annual Report 2014-15

So, more students in CA finals 2016 have passed as compared to previous year.

Members not in practice on 31st march 2016: 132,697

As on 1 april, 2015, the non practice members were: 124,434

So the non practice members added during 15-16 were : 8263 (62% of total passed)

Now, the fact here is that sufficient jobs will not be there to accommodate passed students and all jobs produced during 2015-16 won't offer average salary of 5-6 lakhs. Some qualified CAs will work for a salary equal to graduates.

Here are some figures related to candidates applied and selected in campus placement:
(refer page 29 of Annual report 2015-16)

	Registered	Recruited	Percentage
August - Sept 2015	7358	1231
February- March 2016	5961	1314
TOTAL	13319	2545	19%

So almost all students passed in final 15-16 applied to campus interview but only 19% got the job in campus placement.

Note: You may send feedback to: ca_talyst@yahoo.com (use subject line "Feedback in blog post")