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ACCA Salary in India: Fresher, Experienced & Scope 2024

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Chetna Verma

Updated on 19th November, 2024 , 4 min read

 

ACCA Salary in India

The full form of ACCA Course is the Association of Chartered Certified Accountants. The national ACCA salary in India ranges between INR 6 TO INR 12 LPA. The ACCA certification has grown significantly in prominence in recent years in India and other nations. ACCA certification is the international equivalent of the Indian CA certification in India. 

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Table of Contents

  1. ACCA Salary in India
  2. ACCA Salary in India: Average Annual Salary
  3. ACCA Salary in India: Freshers
  4. ACCA Salary in India: Salary Range
  5. Average Salaries of ACCA Chartered Accountants: Experience-Wise
  6. ACCA Salary in India: Company-Wise
  7. ACCA Salary in India: Certifications Wise
  8. Gender Breakdown for ACCA Salary in India
  9. ACCA Salary and Scope Outside India
  10. ACCA Salary in the UK
  11. ACCA Salary in Canada
  12. ACCA Salary in Australia

ACCA Salary in India: Average Annual Salary

The number of years of relevant experience an ACCA member has an overall and significant impact on their ACCA salary in India. A normal Chartered Accountant in India makes about INR 8.07 lacs a year on average salary. Let's take a look at the salaries that can be expected after completing ACCA:

ACCA Jobs

Average Salary

AccountantINR 4 - 6 LPA
Chartered AccountantINR 12 - 15 LPA
AuditorINR 4 - 6 LPA
Financial AccountantINR 4 - 8 LPA
Finance OfficerINR 5 - 7 LPA
Financial AnalystINR 5 - 8 LPA
Account ExecutiveINR 4 - 6 LPA
Account ManagerINR 6 - 10 LPA
Chief Financial OfficerINR 15 - 30 LPA (Depending on company size & industry)
Business AnalystINR 6 - 12 LPA

Further Reading: How to Become a Company Secretary? 

ACCA Salary in India: Freshers

Fresher candidates who recently earned their ACCA may be hired in India in a role similar to that of an Indian Chartered Accountant. Many accounting and finance roles are actively employing ACCA freshers at organizations including BDO, Grant Thornton, J. P. Morgan, and Morgan Stanley. If the recruiting company is a well-known organization, there are high chances of tremendous career progress.

If you are an ACCA Affiliate and a fresher, you can still anticipate earning between INR 4 and 6 LPA

As you gain experience in your field and demonstrate your talent at work, this is anticipated to rise. The beginning wage of an ACCA Fresher will grow to INR 6 to 8 LPA if you begin employment as a new employee after joining the organization.

Read More: Chartered Accountancy

ACCA Salary in India: Position-wise

Given below is the salary range for various ACCA job profiles:

Job Title

Salary Range

AccountantINR 3 - 9 LPA
Chartered AccountantINR 5 - 25 LPA
Finance ManagerINR 6 - 25 LPA
AuditorINR 5 - 25 LPA
Associate AuditorINR 3 - 9 LPA
Financial AnalystINR 5 - 20 LPA
Account ExecutiveINR 3 - 8 LPA

Further Reading: CA Salary in India

Average Salaries of ACCA Chartered Accountants: Experience-Wise

The entire amount of experience a member of the ACCA has in a pertinent subject or industry is a significant factor that influences the average income of an ACCA member. Naturally, you can demand greater compensation if you have more experience in a given field. Depending on where you are in your career path before obtaining this certificate, the average salary you can anticipate from your career as an ACCA member is listed below.

Experience ACCA Salary
Entry Level INR 6 - 8 LPA
Mid Senior Level INR 10 - 15 LPA
Senior Level INR 18 - 30 LPA (Depending on role and industry)

Read More: Best Courses After BCom

ACCA Salary in India: Company-Wise

The table below mentions the salary for ACCA-certified candidates as offered by various top companies:

Company Name

Average Annual Salary

Ernst & Young (EY)INR 7 - 9 LPA
State Street OperationINR 16 - 18 LPA
KPMG InternationalINR 8 - 12 LPA
QX Pvt Ltd.INR 5 - 6 LPA
AccentureINR 12 - 14 LPA
CISCO System IncINR 10 - 12 LPA
DeloitteINR 10 - 15 LPA
GenpactINR 14 - 16 LPA
Grant ThorntonINR 5 - 6 LPA
HSBCINR 10 - 12 LPA
ICICI BankINR 10 - 12 LPA
J P MorganINR 8 - 12 LPA

Further Reading: Jobs and Salary after BCom

ACCA Salary in India: Certifications Wise

Here is the detailed list of salaries acquired by ACCA-certified candidates as per different certifications:

ACCA Certifications

Average Salary

Certified Credit ExecutiveINR 4 - 12 LPA
Certified Human Resources Professional (CHRP)INR 4 - 25 LPA
FMEA CertificationINR 5 - 12 LPA
Real Estate CertificateINR 5 - 25 LPA
Certified Public Procurement Officer (CPPO)INR 4 - 12 LPA
Fundamentals of InsuranceINR 5 - 12 LPA
Certified Data Management Professional (CDMP)INR 5 - 25 LPA
Professional in Human ResourcesINR 4 - 20 LPA

Further reading - ACCA Subjects

Gender Breakdown for ACCA Salary in India

Given below is the gender breakdown of the ACCA salary as offered to male and female candidates.

Gender

Percentage

Average Salary

Male72%INR 4 - 20 LPA
Female28%INR 4 - 12 LPA

ACCA Salary and Scope Outside India

One of the most notable advantages of pursuing an ACCA is that it gives individuals the chance to work outside of India in several other nations. An ACCA is qualified to work in accounting positions not just in India but also in nations like the United Kingdom, Canada, Australia, Ireland, Singapore, and the United Arab Emirates because ACCA is recognized in many nations around the world.

The ACCA salaries in some of the popular nations are discussed below:

1. ACCA Salary in the UK

The Association of Chartered Certified Accountants (ACCA) is a recognized organization in the United Kingdom that is a member of the Consultative Committee of Accountancy Bodies and has legal status as an auditing body (CCAB). In the UK, a Chartered Accountant with an ACCA credential has signing authority and is free to pursue a career in accountancy. 

Many colleges are also willing to accept the ACCA as a Bachelor's degree in accounting, and those who have earned one are qualified to enroll in graduate school or apply for advanced study programs. These are the typical basic salaries that ACCAs in the UK can expect to earn:

Entry Level 

GBP 39,100 

Mid Senior Level 

GBP 52,500 

Senior Level 

GBP 68,200 

2. ACCA Salary in Canada

Even while the ACCA credential is not recognized as a Chartered Accountant credential in Canada, it can undoubtedly aid in your career search for positions in the financial and accounting industry. Additionally, the ACCA qualification is equal to a three-year degree in Canada, thus you can apply for a master's degree using your ACCA degree as your foundation. 

Your Express Entry profile for Canadian permanent residency may benefit from its addition. The salaries that an ACCA graduate might expect to earn are listed below.

Entry Level 

CAD 62,300

Mid Senior Level 

CAD 82,500 

Senior Level 

CAD 110,000 

3. ACCA Salary in Australia

The Certified Practicing Accountant (CPA) Australia and the Institute of Public Accountants in Australia recognize practitioners who hold an ACCA degree. Furthermore, passing the tests in Australian Tax and Law enables an international ACCA member to become a member of the Institute of Public Accountants. These are the average salaries of Chartered Accountants in Australia.

Entry Level 

AUD 50,800 

Mid Senior Level 

AUD 64,200 

Senior Level 

AUD 84,600 

Ans. 

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Frequently Asked Questions

What is the average ACCA salary in India?

The average ACCA salary in India is INR 8 LPA. The ACCA salary is quite similar to the salary of a Chartered Accountant (CA) professional.

What is the starting salary of ACCA in India?

The starting salary for ACCA-certified candidate falls between INR 4-6 LPA in India. After a candidate become a member of ACCA association, the salary increases up to INR LPA.

Which ACCA job is highest paid in India?

Director Internal Audit – INR 50 LPA, Vice President – INR 44 LPA and General Manager – INR 44 LPA.

Is ACCA highly paid career?

Average ACCA Member Salaries in India vary as per the job profiles. The number of years of relevant experience an ACCA member has overall and their current position within a company can have a significant impact on their pay in India. An average ACCA salary in India is around INR 8 LPA.

Is it worthwhile to study ACCA in India?

The ACCA exams are worthwhile for any accounting professional who wants to enhance their career. Employers throughout the world recognize the ACCA as a global credential. The best next step is to take professional exams if you want to advance your career in accounting and finance.

What is the ACCA full form?

ACCA Full Form is the Association of Chartered Certified Accountants.

How much does a fresher earn after ACCA?

A fresher who has completed ACCA earns INR 4 - 6 LPA.

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