{"id":264834,"date":"2024-07-16T09:16:17","date_gmt":"2024-07-16T09:16:17","guid":{"rendered":"https:\/\/imarticus.org\/blog\/?p=264834"},"modified":"2025-02-27T13:46:23","modified_gmt":"2025-02-27T13:46:23","slug":"acca-salary-in-india","status":"publish","type":"post","link":"https:\/\/imarticus.org\/blog\/acca-salary-in-india\/","title":{"rendered":"ACCA Salary in India: How Much Can You Really Earn in 2024?"},"content":{"rendered":"\r\n

The Association of Chartered Certified Accountants (ACCA) offers a globally recognised qualification that prepares professionals for success in finance and accounting across various industries. The <\/span>ACCA course<\/span> covers essential topics like financial reporting, management accounting, taxation <\/strong><\/a>and financial management, ensuring members are ready to tackle complex financial challenges.<\/span><\/p>\r\n\r\n\r\n\r\n

Understanding potential earnings is crucial for career planning, especially if you are considering the ACCA qualification. Knowing expected salaries helps set realistic financial goals, manage education costs, and assess the return on investment. It also helps in making informed career decisions and selecting specialisations.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n

Let's explore the specifics of the average <\/span>ACCA salary in India<\/span>.<\/span><\/p>\r\n\r\n\r\n\r\n

Why Professionals Choose ACCA?<\/b><\/h2>\r\n\r\n\r\n\r\n

The ACCA qualification equips you with the skills and credentials needed to excel in the accounting field. Here are the benefits that make it an attractive choice for aspiring accountants:<\/span><\/p>\r\n\r\n\r\n\r\n

Global Recognition:<\/b> ACCA is globally recognised, making it a valuable qualification for those aiming to work internationally.<\/span><\/p>\r\n\r\n\r\n\r\n

Comprehensive Curriculum:<\/b> The <\/span>ACCA course<\/strong><\/a> covers a wide range of subjects, including financial management, taxation providing a thorough grounding in accounting and finance.<\/span><\/p>\r\n\r\n\r\n\r\n

Career Opportunities:<\/b> ACCA professionals are highly sought after by employers worldwide for their strategic thinking, technical skills, and professional ethics.<\/span><\/p>\r\n\r\n\r\n\r\n

Flexibility<\/b>: The ACCA qualification allows for flexible study options, enabling students to work while they study and progress at their own pace.<\/span><\/p>\r\n\r\n\r\n\r\n

Strong Professional Network:<\/b> Becoming an ACCA member connects professionals to a global network of accountants, offering extensive support, resources, and career opportunities.<\/span><\/p>\r\n\r\n\r\n\r\n

Exploring the Skill-Building Potential of ACCA<\/b><\/h3>\r\n\r\n\r\n\r\n

An ACCA qualification goes beyond mastering numbers; It focuses on shaping well-rounded finance professionals with a diverse skill set. Here's how ACCA helps you build a strong set of abilities:<\/span><\/p>\r\n\r\n\r\n\r\n

Strategic Thinking<\/b>: ACCA teaches you to think strategically, which means you can contribute to big decisions and long-term plans.<\/span><\/p>\r\n\r\n\r\n\r\n

Technical Expertise:<\/b> From financial management to following rules, ACCA covers everything about accounting in detail.<\/span><\/p>\r\n\r\n\r\n\r\n

Ethical Integrity:<\/b> ACCA places a lot of importance on doing the right thing, so you're ready to handle complex financial situations with honesty.<\/span><\/p>\r\n\r\n\r\n\r\n

Innovative Approach:<\/b> ACCA keeps you updated with new technologies and creative ways to handle money matters.<\/span><\/p>\r\n\r\n\r\n\r\n

Leadership and Management:<\/b> Besides skills, ACCA helps you become a leader who can guide teams and succeed in business.<\/span><\/p>\r\n\r\n\r\n\r\n

The Growing Demand for ACCA Professionals in India<\/b><\/h2>\r\n\r\n\r\n\r\n

The demand for ACCA (Association of Chartered Certified Accountants) professionals in India is on a significant rise. Here\u2019s why:<\/span><\/p>\r\n\r\n\r\n\r\n

Job Market Relevance<\/b>: ACCA is highly relevant in India's digital era job market, according to <\/span>market reports<\/span><\/a>, offering skills that are crucial amidst technological advancements.<\/span><\/p>\r\n\r\n\r\n\r\n

Employer Demand<\/b>: Around <\/span>96%<\/span><\/a> of Indian employers plan to recruit finance professionals in 2024, indicating a strong demand for ACCA-certified professionals.<\/span><\/p>\r\n\r\n\r\n\r\n

Salary and Career Growth<\/b>: Professionals enjoy competitive <\/span>ACCA salaries in India<\/span> and significant career growth opportunities, making it a lucrative career choice.<\/span><\/p>\r\n\r\n\r\n\r\n

Industry Recognition<\/b>: The qualification is recognised across various industries including finance, and consultancy. further boosting its demand.<\/span><\/p>\r\n\r\n\r\n\r\n

Adaptable to Change<\/b>: ACCA\u2019s comprehensive curriculum equips professionals with strategic thinking, and technical expertise in financial management, and compliance, making them adaptable and valuable across various industries.<\/span><\/p>\r\n\r\n\r\n\r\n

Strategic Advantage in the Job Market: <\/b>ACCA professionals gain a strategic edge in the job market due to their focus on ethics, strategic business thinking, and technical skills. This positions them for leadership roles and opportunities requiring deep financial expertise in a global setting.<\/span><\/p>\r\n\r\n\r\n\r\n

Understanding <\/b>ACCA Salary in India<\/b><\/h2>\r\n\r\n\r\n\r\n

ACCA professionals in India can expect substantial remuneration based on their affiliation status and experience level. Here is a brief overview:<\/span><\/p>\r\n\r\n\r\n\r\n

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  1. Fresh Graduates: <\/b>Entry-level ACCA affiliates typically earn between <\/span>INR 2 lakhs to INR 17 lakhs<\/span><\/a> per annum. This varies based on the city and employer, with larger firms offering higher starting salaries.<\/span><\/li>\r\n\r\n\r\n\r\n
  2. Experienced Professionals: <\/b>As ACCA professionals gain experience and become full members, their earning potential increases significantly. Experienced ACCA members (like a CFO) can expect salaries ranging from <\/span>INR 12 lakhs to INR 101 lakhs<\/span><\/a> per annum, depending on their expertise and role.<\/span><\/li>\r\n\r\n\r\n\r\n
  3. Big 4 Accounting Firms: <\/b>Working for renowned firms like the Big 4 (Deloitte, PwC, EY, KPMG) offers even higher salary prospects due to the complex nature of work and global exposure. Salaries in these firms for ACCA professionals can exceed industry averages, rewarding both experience and specialised skills.<\/span><\/li>\r\n<\/ol>\r\n\r\n\r\n\r\n

    Understanding the Dynamics of ACCA Salaries and Job Roles in India<\/b><\/h2>\r\n\r\n\r\n\r\n

    The ACCA salary in India depends on a number of external factors. Here is a comprehensive overview:\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n

    Industry<\/b><\/h3>\r\n\r\n\r\n\r\n

    ACCA salaries in India are greatly impacted by the industry in which professionals are employed. Industries like financial services and consulting offer higher salaries compared to others, due to the demand for ACCA skills in complex financial environments.<\/span><\/p>\r\n\r\n\r\n\r\n

    Here\u2019s a brief overview of some of the industries in India:<\/span><\/p>\r\n\r\n\r\n\r\n

    \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
    Industry<\/b><\/th>\r\nAnnual <\/b>ACCA salary in India<\/b><\/th>\r\n<\/tr>\r\n<\/thead>\r\n
    Financial Services and Banking<\/span><\/td>\r\nINR 3.2 lakhs - INR 20 lakhs<\/span><\/a><\/td>\r\n<\/tr>\r\n
    IT Services & Consulting<\/span><\/td>\r\nINR 4.2 lakhs - INR 20 lakhs<\/span><\/a><\/td>\r\n<\/tr>\r\n
    Engineering & Construction<\/span><\/td>\r\nINR 3 lakhs - INR 16.2 lakhs<\/span><\/a><\/td>\r\n<\/tr>\r\n
    Manufacturing<\/span><\/td>\r\nINR 1.7 lakhs - INR 21 lakhs<\/span><\/a><\/td>\r\n<\/tr>\r\n
    Power<\/span><\/td>\r\nINR 4.0 lakhs - INR 20.5 lakhs<\/span><\/a><\/td>\r\n<\/tr>\r\n
    Consulting<\/span><\/td>\r\nINR 3.9 lakhs - INR 24 lakhs<\/span><\/a><\/td>\r\n<\/tr>\r\n
    Management Consulting<\/span><\/td>\r\n\r\n
    \r\n\r\n\r\n\r\n\r\n
    INR 6.5 lakhs - INR 21.3 lakhs<\/span><\/a><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/figure>\r\n\r\n\r\n<\/td>\r\n<\/tr>\r\n
    \u00a0<\/td>\r\n\u00a0<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/figure>\r\n\r\n\r\n\r\n

    Experience<\/b><\/h3>\r\n\r\n\r\n\r\n

    The salary of an ACCA professional varies based on their experience. Here's a simple breakdown:<\/span><\/p>\r\n\r\n\r\n\r\n

    Entry-Level (0-3 years)<\/span><\/h4>\r\n\r\n\r\n\r\n