The “Chartered Certified Accountant” qualification is provided by the Association of Chartered Certified Accountants (ACCA), a global professional accounting organization. A profession in accounting and finance can be developed through the ACCA program.
It is regarded as one of the greatest courses available and is highly regarded. In order to further their knowledge, students can pursue a graduate degree. This qualification is more appealing because of the flexible test structure. The ACCA certification has grown in significance over the past few years in India and other nations. The international equivalent of the Indian CA certification is the ACCA qualification. You will learn everything about ACCA’s growth and average salary in India in this article.
ACCA Salary in India: Average Annual Salary
An ACCA member’s remuneration in India is significantly and generally impacted by the number of years of relevant experience they have. In India, the typical income for a chartered accountant is roughly INR 8.07 lacs annually. Let’s examine the incomes that might be anticipated following ACCA completion:
| ACCA Jobs | Average Salary |
| Accountant | INR 3-4 LPA |
| Chartered Accountant | INR 9-10 LPA |
| Auditor | INR 3 LPA |
| Financial Accountant | INR 3 LPA |
| Finance Officer | INR 3 LPA |
| Financial Analyst | INR 4-5 LPA |
| Account Executive | INR 3.5 LPA |
| Account Manager | INR 5.5 LPA |
| Chief Financial Officer | INR 3.5-4 LPA |
| Business Analyst | INR 3.5 LPA |
ACCA Salary in India: Freshers
Freshers with their ACCA may be hired in India in a capacity similar to that of an Indian chartered accountant. If the recruiting firm is well-known, there is a good likelihood of rapid professional advancement.
If you are a new ACCA affiliate, you can expect to earn between INR 4 and 6 lakh per year. This is expected to rise as you gain expertise in your field and demonstrate your talent at work. If you start as a new employee after joining the firm, your starting salary as an ACCA fresher will rise to INR 6 to 8 LPA.
ACCA Salary in India: Salary Range
Given below is the salary range for various ACCA job profiles:
| Job Title | Salary Range |
| Accountant | INR 1.75- 7 LPA |
| Chartered Accountant | INR 3.6- 20 LPA |
| Finance Manager | INR 2- 20 LPA |
| Auditor | INR 3- 20 LPA |
| Associate Auditor | INR 2.4- 8 LPA |
| Financial Analyst | INR 2.5- 20 LPA |
| Account Executive | INR 2.2- 7 LPA |
Average Salaries of ACCA Chartered Accountants: Experience Wise
The total quantity of expertise an ACCA member has in a relevant subject or industry is a crucial factor influencing an ACCA member’s average income. Naturally, if you have more experience in a given industry, you can demand a higher salary. The typical pay you can expect from your career as an ACCA member is listed below, depending on where you are in your career path before earning this degree.
| Entry Level | INR 7.05 LPA |
| Mid Senior Level | INR 11.17 LPA |
| Senior Level | INR 19 LPA |
Gender Breakdown for ACCA Salary in India
The gender breakdown of ACCA remuneration as offered to male and female candidates is provided below.
| Gender | Percentage | Average Salary |
| Male | 71.8% | INR 2.3-20 LPA |
| Female | 28.2% | INR 2.4-10 LPA |
Career scope for ACCA professionals in India
The ACCA certification opens up a wide range of career opportunities for professionals in India. They can work in various industries, such as banking, finance, and consulting. Some of the common job roles for ACCA professionals include financial analyst, tax consultant, auditor, and accountant. The certification is particularly useful for professionals who wish to work in the global finance industry, as it is recognized in over 170 countries.
Conclusion
In conclusion, the ACCA certification is an excellent option for accounting and finance professionals who wish to advance their careers in India. The certification program equips professionals with the necessary skills and knowledge to work in the dynamic and competitive field of accounting and finance. With increasing demand for certified professionals in the industry, pursuing the ACCA certification can lead to a promising and rewarding career in India.
FAQs on ACCA Salary in India
The average salary for an ACCA fresher in India ranges from Rs. 3 to 5 lakhs per annum.
The salary for experienced ACCA professionals in India can range from Rs. 7 to 15 lakhs per annum, depending on various factors such as the number of years of experience, the size of the organization, and the job role.
The minimum wage at ACCA is determined by the position for which you are seeking it. The yearly minimum wage for comedy executives is 3.5 lakhs, whereas the annual minimum wage for professionals is 3.9 lakhs, and so on.
In India, a chartered accountant makes between 8 and 9 lakhs per year, with some earning up to 50 or 60 lakhs. An ACCA, on the other hand, earns between 6 and 7 lakhs per year.
Yes, the location can have an impact on ACCA salary in India. ACCA professionals working in metropolitan cities like Mumbai, Delhi, and Bangalore may earn higher salaries compared to those working in smaller cities or towns.