CMA final handwritten notesπββ
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Does HR Role in a Company Affect Job Opportunities?
This is quite hypothetical answer. The answer is Yes & No
*Why YES?*
1. Just imagine you are a HR in a company and your role is to find the suitable candidates as per the requirements. So there is nothing you can get apart from salary.
2. And someone in the company tried to refer you and he/she send your resume to the HR, if HR considers the refferal and proceeds further, what he/she going to get???
3. So that's the point, there are some HR's where they try to refer candidates from the list they get from the consultancies which in turn they pay to the HR if he/she selects in their company like per selected candidate 10k/person or so (also considered as BACKDOOR).
4. So if they do like their job is getting done and they are getting some part time income as well.
β Why it can be NO
1. Many HRs are process-driven and ethical, only shortlisting based on skills and requirements.
2. In companies where managers drive hiring, HR mainly facilitates paperwork and logistics rather than deciding who gets selected.
3. Large firms rely on Applicant Tracking Systems (ATS) through LinkedIn, Naukri, or internal portals. Here, selection is mostly keyword- and requirement-based, reducing HRβs personal influence.
4. If the company follows a top-down approach (manager decides β HR executes), then HRβs role has little impact on whether you get the job.
CAN WE TRUST NAUKRI, LINKDIN & SIMILAR PLATFORMS FOR JOB?
The answer is NO, You can trust these platforms only to some extent, but you cannot completely rely on these platforms because of the following reasons.
β
Why You Can Trust These Platforms (To Some Extent):
1. Visibility & Discovery : Recruiters do use these platforms to discover candidates, especially when hiring at scale.
2. Resume Database: Your updated profile can trigger recruiter searches and automated alerts.
3. Networking: LinkedIn especially is powerful for building professional relationships and getting noticed through engagement.
β Why You Shouldnβt Rely Solely on Them:
1. Internal Hiring Pressure: HRs may post jobs just to maintain visibility or meet internal KPIs, not necessarily because there's an active vacancy.
2. Referral Culture: Many companies prioritize internal referrals, which often bypass public job postings.
3. Application Black Hole: Applying through portals often feels like sending resumes into a void β many roles are never actively reviewed unless flagged by someone internally.
4. Walk-ins vs. Online Posts: Walk-ins are usually for roles that havenβt been filled internally, which is why theyβre more likely to result in interviews.
Can we trust naukri, linkdin or similar platforms for jobs?
The answer is NO, You can trust these platforms only to some extent, but you cannot completely rely on these platforms because of the following reasons.
β
Why You Can Trust These Platforms (To Some Extent):
Visibility & Discovery: Recruiters do use these platforms to discover candidates, especially when hiring at scale.
Resume Database: Your updated profile can trigger recruiter searches and automated alerts.
Networking: LinkedIn especially is powerful for building professional relationships and getting noticed through engagement.
β Why You Shouldnβt Rely Solely on Them:
Internal Hiring Pressure: HRs may post jobs just to maintain visibility or meet internal KPIs, not necessarily because there's an active vacancy.
Referral Culture: Many companies prioritize internal referrals, which often bypass public job postings.
Application Black Hole: Applying through portals often feels like sending resumes into a void β many roles are never actively reviewed unless flagged by someone internally.
Walk-ins vs. Online Posts: Walk-ins are usually for roles that havenβt been filled internally, which is why theyβre more likely to result in interviews.
CA vs CMA does higher pass % affecting our jobs?
Yes it definitely does. Let me explain why.
1. Who Will Corporates Prefer?
When both a Chartered Accountant (CA) and a Cost & Management Accountant (CMA) are available for the same role and package, corporates are obviously going to compare. About 7β8 years ago, the pass percentage in these exams used to be in single digits, which meant qualifying professionals were rare and highly valued. But now, because admissions in both CA and CMA courses have been falling, the institutes seem to be compensating by allowing higher pass percentages (often double digits) to keep their student base alive and the fraternity growing.
2. The Job Market Reality
This directly affects us. A higher pass percentage means more professionals flooding the job market. And when supply shoots up, demand doesnβt always keep pace. The result? Salaries take a hit. Itβs basic economicsβoversupply pushes down the value.
3. Industry Perception
Iβve personally heard from friends and even recruiters that interview panels sometimes feel the quality of candidates is not what it used to be. The perception is that standards in these courses have diluted, and fresh CAs or CMAs are not matching the competence expected at the salary levels they demand. This sentiment is spreading across corporates, and that should worry all of us.
4. My Take
Honestly, I feel the institutes should focus less on increasing the pass percentage and more on maintaining the quality of professionals they produce. If we let numbers grow at the cost of standards, the respect and demand for these designations will erode further. Iβd personally prefer to see pass percentages reduced and only those who truly meet the benchmark qualifyingβbecause in the long run, quality matters far more than quantity.
Final Thought
These qualificationsβCA and CMAβare supposed to be symbols of credibility and professional excellence. If we want them to retain their value in the industry, the focus must be on producing competent professionals, not just more professionals.
It was very difficult to mention everything in a note. I will try to post in the form of series which will be uploaded everyday and will try to complete it by weekend. I will cover topics like :-
a. CA vs CMA, does higher pass percentage in both the groups affecting our jobs?
b. Can we trust naukri, linkdin and similar platforms for jobs?
c. Does HR role in a company affects our job opportunity?
d. What can be the ideal salary we can expect in the current industry?
e. Does Campus placements really helps students who qualified with more than 4 attempts?
f. Does our articleship helps in getting a job opportunity post qualification?
g. What can save us in this current market situation?
h. What things should we do to get quick interview calls via platforms like naukri or linkedin?
I. Should we really need to join any courses like investment banking, fund accounting, FP&A, etc to get a proper job with good salary?
Please let me know if u need any other qualifications than the above @youngtig
I post very less, but those are from trustable sources.
Join :- https://chat.whatsapp.com/DkKMAsTD2TdCmT4BS9sdV5
This is not any kind of promotion, I just received many messages like if there is any better institute for classes with discounted price, as they ve started recently if I get enough number of students, will try to connect with them directly on behalf of all of uπ. Renowned faculty Baskar maggam also teaches DT through this website. All the best
If anyone willing to purchase any kind of lectures in shikara tutorials please ping me, if I get enough number of students will try to speak directly with institute for a better price than that of in websiteπ, if anyone intrested just ping me with your name , number , subject, type of course.
And will post my take on current jobs scenario with detailed analysis and the approach you need to be followed for better results.. definitely it will be harsh on many people
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