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ICA to focus on finance, retail modules
July, 13th 2007
The Institute of Computer Accountants (ICA) is going to introduce specialised courses on banking and finance, inventory management and retail this August and is in talks with several finance sector and retail giants for internship offers.
 
At present, the institute offers accounts training spread over ten modules.
 
"ICA courses come with a 50 per cent classroom training and 50 per cent internship, we are talking to 3 banks right now and close to 10 retail companies for internship offers," claimed Narendra Shyamsukha, chairman, ICA.
 
The new courses would vary from short-term courses to 12-month training period, course fee for which has not been decided yet.
 
Eligibility would be a class XII degree holder.
 
"We will try to bridge the demand-supply gap from industries and provide executive upgradation," pointed out Shyamsukha.
 
On an average, executives with 5-25 years experience are the ones who take up ICA courses for upgradation.
 
"A lot of executives, who started off their careers some time ago, did not learn how to tackle accounts on a computer. At ICA, most executives who come for an upgradation training are the ones who were more used to manual execution of accounts and related work. But now as 80 per cent of any company's operations is carried out on computer, these executives essentially look for a transition to computer-trained-literate profile in their domain areas," explained Shyamsukha.
 
The company registered a turnover of Rs 45 crore as on March 2007 and plans to end this fiscal at Rs 100 crore.
 
Growth for the company is expected to come from introduction of new industry-specific courses as well as expansion of training centres.
 
The company plans to add 35 centres this year. At present it has more than 200 centres with 3 zonal offices, 9 regional offices and 30 placement offices across India.
 
In the last seven years of operations, the company claims to have placed more than 25,000 candidates with starting salary ranging from Rs 5,000 to Rs 30,000 per month.
 
 
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