What are the benefits of industrial training?
Hi Friend, The basic difference between artilceship and industrial training is change in the role. In articleship training you work riguorously under an employer and work as article assistant. He/She is also called as auditor and audit different corporate bodies like companies etc. One audits the work of the auditee, Whereas, in case of industrial training, one joins as industrial trainee in any of the companies approved by the institute, prepares all the details and get the work audited by the auditors. The difference between articleship and industrial training is change of the position of the chair. So far as your question is concerned that What are the benefits of industrial training?? the answer is that the benefits are lot. The first and foremost benefit is that There is high probable chance that the Company in which you have done your industrial training might absorb you. The Company need not spend its resources (either in the form of money or time) for training as the industrial trainee must have gathered required experience and knowledge of the workings of the Company. Regards
**Benefits of undergoing an Industrial Training is here under:-** 1. **Industry Exposure:** - you will be assigned such tasks which will give you proper exposure of how a company actually works, you will get to know about corporate finance, analyzing financial decisions with respect to their future impact and much more. 2. **Better Stipend :-** If you have undergone Training in a company then your chances of getting selected in that company increases and that too at a good package because of your experience in that Company as a trainee 3. **Better Career in Industry:-**Industrial Training is highly recommended for those who want to enter into Job and pursue a career in the industry as Industrial Training equips you with the skill sets that Articleship cannot, it provides you with Industry Exposure. Industry Training definitely adds more visibility to your overall profile during your placement programs therefore it is important to undergo industrial training for a chartered accountancy student aiming for employment.
Hie Anju, Industrial Training is good during CA Course. You can explore huge work area in industrial training and you can get practical knowledge of working areas of industrial undertaking which would be very helpful for you ahead in your career. There is a wider scope of wok in many different areas in industry, which is important and helpful from both aspects of practical and theoriotical point of view. **Besides it, some more benefits of industrial training are :-** 1. You become punctual. 2. You start dressing formally. 3. Since you are with people with more experience than you, you learn lot more in the same amount of time. 4. You learn to respect rules and regulation. 5. You work towards specific deadlines, both work-wise and time-wise. 6. Most importantly, you become accountable and funnily, you start enjoying it !! 7. You get trained in office management, document filing, handling office politics, working in a team etc and get paid for it too. 8. You will implement the experience in your own firm and reap the benefits. 9. Your personality gets a very visible smart corporate edge.
**BENEFITS OF INDUSTRIAL TRAINING** Hi Anju, The major benefit of industrial training is that the company where you are working as a trainee will hire you as employee as you complete your CA. Company gives their trainee first preference before hiring someone new as an employee/ This will give you amazing start in your career in a good company as fresher which is not possible easily if you try as fresher otherwise. But if you want to go for practice post qualification you should go for training in small firms which will give you overall knowledge and experience Thanks