ICAI releases FAQs on Campus Placement Programme: Know Eligibility to Register

ICAI releases FAQs - Campus Placement Programme - Eligibility to Register - TAXSCAN

In an effort to support Newly Qualified Chartered Accountants during their registration on https://cmib.icai.org  for the participation in the Campus Placement Program scheduled for August-September 2023, the CMI&B has compiled responses to commonly asked questions. These answers are derived from inquiries previously received from Newly Qualified Chartered Accountants who have engaged in Campus Placement Programs in the past.

Various stages of the Campus Interviews Process:

1) Peruse the General Guidelines as given in the Announcement

2) In case of doubt, please refer to these FAQs

3) Online Registration by the Candidates on https://cmib.icai.org

4) Submission of the Undertaking into Candidate Login

5) Online payment of the fee of Rs 500/-inclusive of taxes to get the Centre Code e.g DEL/KOL/MUM

6) Online Shortlisting by the companies First Round

7) Online Consent by the candidates First Round

8) Online Shortlisting by the companies Second Round

9) Online Consent by the Candidates Second Round

ELIGIBILITY

What is the eligibility criteria for Campus Placement Programme August-Sept 2023?

The candidates who fulfill the following criteria are eligible to appear in the Campus Placement Programme to be held in August-Sept 2023:

Clearance of Final Examination of Chartered Accountancy CourseCompletion of Articleship
May, 2023Completing their article ship by 31 th October, 2023
November 2022 whose CA Final results were declared in verification of marks after 31 st January 2023.Completing their article ship between 1st May 2023 and 31st October 2023 and have not applied in earlier Campus Placement Program.

If a candidate has qualified in the CA Final Exam held in May 2023 but the Articleship is not completing in accordance with the Eligibility Guidelines i.e., upto 31st October 2023, is he/she eligible for Campus Placement Program August-Sept 2023?

Where the candidates have qualified in final examination held in May 2023, but his/her Articleship training is not completing in accordance with the cut-off dates as mentioned above in the Eligibility Guidelines, he/she shall be permitted to appear in the next Campus Placement Program to be held in February-March 2024.

If a candidate has qualified the CA Final Exam held in May 2023 and is below 21 years of age due to which he/she is not eligible to apply for ICAI Membership, is he/she eligible for Campus Placement Program August-Sept 2023?

A candidate who has completed Articleship training but to attain 21 years of age to secure ICAI membership, is required to seek special permission through email at cajob@icai.in for attending Campus Interviews.

ONLINE REGISTRATION

 If Eligible, how to register for the Campus Placement Programme?

The registration for the Campus Placement Programme shall be online and would be carried out through https://cmib.icai.org.

 For which category of candidates, preliminary registration is required?

Only Chartered Accountants who have qualified CA Final Examination:

➢ held in November 2022 or whose CA Final results were declared in verification after 31 st January 2023 and Completing their articleship between 1st May 2023 and 31st October 2023 and have not applied in earlier Campus Placement Programme have to go for preliminary registration.

 How to select your centre online?

Candidate should follow the below mentioned procedure to select the centre online:

a. A candidate who wants to opt for both bigger and smaller centre: The candidate should select the bigger centre in the first choice (Ahmedabad, Bangalore, Chennai, Hyderabad, Jaipur, Kolkata, Mumbai, New Delhi and Pune) and then in the second choice he should select the smaller centre (Bhubaneswar, Bhopal, Chandigarh, Coimbatore, Durgapur, Ernakulam, Indore, Kanpur, Lucknow, Nagpur, Noida, Patna, Rajkot, Raipur, Ranchi, Thane & Vadodara, Visakhapatnam) from where he/she wants to appear.

While registering for campus placement programme, if the candidate could not fill the entire form at one time, can he/she edit the form again?

Yes, the option to edit the form remains open until the entire online form is filled (Till the last date of registration) and successfully submitted and centre code has been allotted (E.g., DEL, MUM etc) to the candidate.

While registering for Campus Placement Programme, if a candidate, due to mistake has given his/her wrong e-mail address and wants to change email id then what should the candidate do?

The candidate may change email ids on his/her own by logging on to the placement portal and the option to change the email id appears at the profile of the home page (setting section on Update Profile).

What if a candidate is not selected from the bigger centre from where one has registered? Will the candidate be given four fresh chances to select the Company at smaller Centre?

If any candidate of Ahmedabad, Bangalore, Chennai, Hyderabad, Jaipur, Kolkata, Mumbai, New Delhi and Pune center has not been selected by the company or the candidate does not accept the offer, his/her database would be merged (after validation within the date of resubmission) with the centre of his/her second choice (smaller centre) i.e. amongst Bhubaneswar, Bhopal, Chandigarh, Coimbatore, Durgapur, Ernakulam, Indore, Kanpur, Lucknow, Nagpur, Noida, Patna, Rajkot, Raipur, Ranchi, Thane & Vadodara, Visakhapatnam. Also, candidates would be given four fresh chances to select a company at the second choice centre.

When the database would be merged with the second choice centre?

The database of the candidates appearing for the interviews at the bigger centres would be merged with their second-choice centre after completion of first round of interview, in case the candidates do not get selected or do not give consent to the offer letter at the centre of their first choice after the completion of interviews at the centre of first choice.

Whether a candidate (after database merger) would be allotted a new centre code according to second choice?

After the merger of the database to the second-choice center, the candidate would receive a New Centre Code. They would be required to take the Printout of the new Photo-ID Card and profile also. At the Initial stage only the center code for the first center would be visible in the Photo-ID Card of the candidate.

If an eligible candidate has not registered for the placement programme, would he/she be eligible for the next campus placement programme?

If a candidate has not registered or participated in the campus placement, despite being eligible to participate, he/she would be able to participate in only next subsequent campus placement programs for newly qualified chartered accountants.

PRE-PLACEMENT TALK (PPT)

Will there be presentations by the companies at the Campus Interview centers?

The PPT can be seen in login of shortlisted candidates only as uploaded by respective organizations who have shortlisted them.

GROUP DISCUSSION

How to appear for group discussion (G.D)?

The link for attending Group discussion (G.D) will be shared by the interested organization at the registered email id of candidates 1-2 days prior to interview.

How to get information about the job profiles, place of posting, CTC, minimum take home salary etc?

The shortlisted candidates are required to go through the online presentations hosted by the participating companies in their login which would provide them details regarding the job profile, place of posting, CTC etc.

SHORTLISTING AND INTERVIEW PROCESS

What would be the criteria of shortlisting by the companies?

The criteria for shortlisting is determined by the participating organizations themselves and ICAI does not intervene in the selection process. However, the maximum number of shortlisting by recruiting entities will not exceed 10 times the number of vacancies they declared. Also, the participating organisations usually shortlist depending upon overall educational qualifications, number of attempts, other attributes, Completion of Articleship training and in case a greater number of candidates qualify the selection criteria (Restriction being 10 times the number of vacancies) companies may choose on random basis as per their choice.

Organisations participating in the Campus Placement Programme prefer that the candidates selected by them should be ready to join the organisations immediately and should not claim that their Articleship training is pending and require more time to join, which will affect the very purpose of the campus placement programme and its success which is primarily driven by number of organisations participating and the positions offered.

What is the second round of shortlisting by companies and how is it beneficial to the candidates?

The online shortlisting by the participating organizations is done in two rounds at each centre. In case the recruiting entity has not received enough consents from the candidates after the first round of shortlisting it may opt for a second round of shortlisting. Also, second round shortlisting will be restricted to total vacancy*10 times i.e. (previous consent + new shortlisting total =vacancy*10 times).

What would be the criteria for selection in the second round of shortlisting by the companies?

The criteria for shortlisting the candidates for second round is:

Step 1: After the first round of shortlisting by companies, candidates would mark their consent online.

Step 2: First round of consent date will be closed and now the company can see and shortlist the remaining candidates from that center and the following database as mentioned below will be visible to the company for shortlist.

  • candidates who have not been shortlisted by any company
  • candidates shortlisted but have not given consent to any company
  • candidates who have given consent to 3 or less than 3 companies

Step 3: Again, the shortlisted candidates in the second round can give their consent within the stipulated time limit.

What if a candidate fails to give consent after the first round of shortlisting? Whether the candidate can give consent to the companies that have shortlisted him/her in the first round after being shortlisted in the second round?

4 A candidate should give consent upto the last date of consent sending by the candidates as specified in the announcement in each round itself. However, after being shortlisted in the second round the candidate can give consent only to those companies that have shortlisted them in the second round and not to the companies that have shortlisted them in the first round. In other words, the consent for the shortlisting done in the First Round has to be given on the dates prescribed for the Consent for the First Round and not in the Second Round.

Are Candidates required to attend all the interviews for which he/she gave consent?

It is mandatory to attend the interview after giving consent to the company before a candidate is finally selected by any organization. The moment a candidate is selected by one company he/she can cite his/her acceptance declaration and thereafter he is not allowed to appear in further interviews.

What are the Companies that will be participating in the Campus Placement Programme?

The information regarding participating Companies will be hosted on the placement Portal https://cmib.icai.org  under ‘Latest News’

What are the facilities that will be provided to candidates by the Institute?

  1. 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.
  2. Interviews will be conducted through virtual mode by the platform convenient to the participating organisation as per the roster prepared by ICAI.
  3. Links for attending virtual interviews will be shared by the organisation with all consented candidates on their registered e-mail id. Subject to Government guidelines, safety protocols and feasibility, interviews might be organised by physical mode too.

When will open interviews commence on campus?

There will be no Open Interviews.

ONLINE PAYMENT

Even after making the payment of INR 500/- inclusive of tax through credit/debit card, if the candidate is not allotted a Centre Code?

While registering online on https://cmib.icai.org  for the Campus Placement Programme the candidate is allotted a Centre Code immediately if the transaction is successful. In cases after making the online payment if the Centre Code is not allotted, the candidates are advised to wait for 24hrs for center code and profile generation after making payments, in case center code is not generated kindly make the payment again and get the Centre Code,  since the time for the online registration is limited. The extra payment that be received, would be refunded.

While making the online payment of the registration fees, if extra payment is made will it be refunded?

If the online payment of the registration fees for the Campus Placement Programme is made multiple times by any Candidate i.e., more than one successful transaction is made then the additional payment would be refunded to the candidate in the month of November 2023.

Will Credit /Debit Card be accepted for making the payment?

Yes, any Credit/Debit Card is acceptable

Can I make cash payment instead of online payment?

 No. Payments will only be accepted by credit / debit card.

What will happen if a candidate does not join the organisation after signing the declaration ?

INR 5000 will be charged as commitment charges in case a candidate fails to join the organization after signing the declaration. The candidate may also be subject to disciplinary action by ICAI.

Read More: ICAI Campus Placement: Know List of Organizations Participating in Campus Program (Small Center) with Dates

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