A large increase in finance and accounting job placements for the year 2023 has been observed in a recent report released by Zell Education, an ed-tech platform specialising in finance and accounts education. The thorough research, based on data-driven insights, gives vital information on student demographics, educational backgrounds, wage trends, and the many positions within the industry.
The survey reveals a diversified student demography, with 74.63 per cent of students coming from metropolitan areas and 25.37 per cent from non-metro areas. The varied backgrounds of candidates from both groups are mirrored in their success stories, highlighting the wide-ranging impact of finance and accounting education.
Notably, the report emphasises the range of educational and age groups among successful job placements. The talent pool is composed of 51.40 per cent of graduates aged 19–25, 8.78 per cent of postgraduates over 25, and 39.82 per cent of undergraduates aged 14–19.
According to the report, graduate students completing their degrees are offered an average income of 6.6 LPA, while freshers are paid an average of 3.5 LPA. Remarkably, offers have been made to graduates at an average of 12 LPA, with the largest offer coming in at 50 LPA. These compensation patterns highlight both graduates’ skills and the present labour market’s substantial need for finance and accounting professionals.
Global certifications are being aggressively pursued by students with a variety of academic backgrounds, including B.com, CA (Inter) IPCC, CA Qualified, MBA, BBI, BBM, BAF, BMM, BMS, and Indian CMA. The study highlights the successful placement of nearly 2000 students in prestigious organisations, demonstrating the company’s consistent dedication to quality. Top recruiters include Morgan Stanley, HDFC Bank, EY, JP Morgan, Deloitte, and Standard Chartered.
Pratham Barot, CEO and co-founder of Zell Education, commented in the news release on the remarkable placement numbers, saying, “It is insightful to see such placement records for our students. It reaffirms the fact that global certification, when combined with traditional degrees, can lead to better career outcomes. This year-end data underscores not only the diverse talent pool that Zell Education cultivates but also the industry’s recognition of our graduates’ competence.”
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