| Udupi Cochin Shipyard Limited (UCSL), Malpe, a wholly-owned subsidiary of Cochin Shipyard Limited (CSL) under the Ministry of Ports, Shipping & Waterways, Government of India, has announced recruitment for 2 Executive Trainee (Finance) positions. This is an excellent opportunity for qualified Chartered Accountants (CA) and Cost Accountants (CMA) to join a prestigious Government of India enterprise with attractive career growth prospects. Key Highlights ✅ Total Vacancies: 2 (Unreserved) ✅ Stipend During Training: ₹50,000/month ✅ Post-Training Position: Assistant Manager (E1 Grade – ₹40,000–1,40,000) ✅ Monthly Emoluments (Post-Training): Approx. ₹77,080 (Basic + DA + HRA + Perks) ✅ Age Limit: Max 27 years (Relaxation for PwBD) ✅ Application Fee: ₹750 (Exempted for SC/ST/PwBD) ✅ Last Date to Apply: 16 June 2025 |
Cochin Shipyard Limited Executive Trainee Recruitment Details
| Post Name | No. of Posts | Reservation | Essential Qualification | Training Period | Post-Training Role | Key Responsibilities |
|---|---|---|---|---|---|---|
| Executive Trainee (Finance) | 2 | UR | CA/CMA Final Pass | 1 Year | Assistant Manager (E1 Grade) | Financial management, auditing, budgeting, compliance |
Salary & Benefits
During Training
- Stipend: ₹50,000/month (Consolidated)
After Successful Training
| Component | Amount (₹) |
|---|---|
| Basic Pay | 40,000 |
| DA (48.7%) | 19,480 |
| HRA (9%) | 3,600 |
| Perks (35%) | 14,000 |
| Total Monthly Salary | 77,080 |
Additional Benefits:
✔ New Pension Scheme (NPS)
✔ Provident Fund (PF)
✔ Medical Insurance
✔ Leave Encashment
✔ Performance-Linked Incentives
Selection Process
- Phase-I: Objective Type Offline Test (60 Marks)
- General Awareness (5 Marks)
- English Language (5 Marks)
- Numerical Ability (5 Marks)
- Reasoning (5 Marks)
- Finance Subject Knowledge (40 Marks)
- Phase-II: Group Discussion (10 Marks), Writing Skills (10 Marks), Personal Interview (20 Marks)
Total Marks: 100
Cut-off for Phase-I:
- UR: 50%
- PwBD: 40%
Eligibility Criteria
Age Limit (as of 16 June 2025)
- General: Max 27 years (Born on or after 17 June 1998)
- PwBD: Relaxation as per Govt. norms
Educational Qualification
- CA Final Pass (ICAI) or CMA Final Pass (ICMAI)
Service Agreement
- Mandatory 5-year service after training completion.
- Penalty for Violation: ₹5 Lakhs
How to Apply?
- Online Application Link: UCSL Careers
- Steps:
- Register on the portal
- Fill application form & upload documents
- Pay fee (if applicable)
- Submit before 16 June 2025
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FAQs (Frequently Asked Questions)
1. What is the last date to apply?
📅 Last Date: 16 June 2025
2. Is there an application fee?
💸 General/OBC: ₹750
🆓 Exempted for: SC/ST/PwBD
3. What is the stipend during training?
💰 ₹50,000/month
4. What is the salary after training?
💼 Approx. ₹77,080/month (Basic + DA + HRA + Perks)
5. What is the selection process?
🔹 Phase-I: Objective Test (60 Marks)
🔹 Phase-II: GD + Writing Test + Interview (40 Marks)
6. Is there an age relaxation for PwBD candidates?
✔ Yes, as per Govt. norms
7. Where will the posting be?
📍 UCSL, Malpe (Karnataka) or other project sites
8. Is there a bond period?
📜 Yes, 5 years after training (₹5 Lakh penalty for breach)