Stipend Rates

MINIMUM STIPEND RATES EFFECTIVE FROM JULY 1, 2023

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

Criteria Rupees per month
On Commencement of Training 19,300
On Passing any three papers of CFAP 26,200
On Passing all papers of CFAP/any three papers of CFAP and one MSA 36,400
On Passing all the prescribed examinations required to become member of the Institute 72,400

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

Criteria Rupees per month
On Commencement of Training 24,000
On Passing any three papers of CFAP 26,200
On Passing all papers of CFAP/any three papers of CFAP and one MSA 36,400
On Passing all the prescribed examinations required to become member of the Institute 72,400

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 19,300
On Passing any three papers of CFAP 26,200
On Passing all papers of CFAP/any three papers of CFAP and one MSA 36,400
 
On Passing all the prescribed examinations required to become member of the Institute
72,400

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

Criteria Rupees per month
On Commencement of Training 16,800
On Passing any three papers of CFAP 26,200
On Passing all papers of CFAP/any three papers of CFAP and one MSA 36,400
On Passing all the prescribed examinations required to become member of the Institute 72,400
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