Stipend Rates

MINIMUM STIPEND RATES EFFECTIVE FROM JULY 1, 2024

1. CAF Passed or equivalent thereto (Training period 3.5 years)

Criteria Rupees per month
On Commencement of Training 22,600
On Passing any three papers of CFAP 30,700
On Passing all papers of CFAP/any three papers of CFAP and one MSA 42,600
On Passing all the prescribed examinations required to become member of the Institute 84,700

2. Four-year Graduate degree holders from SDAI and RDAI (Training Period 3 years)

Criteria Rupees per month
On Commencement of Training 28,100
On Passing any three papers of CFAP 30,700
On Passing all papers of CFAP/any three papers of CFAP and one MSA 42,600
On Passing all the prescribed examinations required to become member of the Institute 84,700

3. Four-year degree holders from any other recognized Degree Awarding Institutes with major in accounting or finance (Training period 3 years)

Criteria Rupees per month
On Commencement of Training 22,600
On Passing any three papers of CFAP 30,700
On Passing all papers of CFAP/any three papers of CFAP and one MSA 42,600
 
On Passing all the prescribed examinations required to become member of the Institute
84,700

4. Other Qualifications including 14-Years Associate Degree (Training period 4 years)

Criteria Rupees per month
On Commencement of Training 19,700
On Passing any three papers of CFAP 30,700
On Passing all papers of CFAP/any three papers of CFAP and one MSA 42,600
On Passing all the prescribed examinations required to become member of the Institute 84,700
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