What’s Your Worth? ACCA Salary Expectations in India


What’s Your Worth? ACCA Salary Expectations in India

 
Net  Worth  Salary Expectations for ACCA in India

Starting with the salary structure after completing the ACCA course, candidates can expect good salaries across the globe. When one qualifies for this course the starting salary range is £25,000 to £35,000 per annum in the UK and around Rs 6 lakh in India. The salary increases as the individual's experience increases, and if the candidate enrolls in further courses. The exact salary depends on the person's location, industry, and the size of the company. The average salary of an ACCA-qualified accountant in London is Rs 48 lakh and in India, it is said to be between Rs 19-30 lakh.

ACCA salary in India

An ACCA-qualified professional at the entry-level generally earns a good salary compared to other accounting certifications, with the annual range usually starting around ₹6-10 lakh (in India). As their experience grows and they move into specialist or senior roles, the salary for experts with extensive years of knowledge in the field can increase to at least ₹15-25 lakh, not much more. As the Indian economy grows and financial regulations become more complex, the demand for professionals with ACCA credentials has also increased. Salaries for ACCA (Association of Chartered Certified Accountants) professionals can vary significantly depending on factors such as geographic location, experience level, industry, and specific job roles. Here is a detailed overview of typical salary ranges for ACCA-eligible individuals:

Salary for ACCA in India for Freshers

The salary of a newly qualified ACCA person is 4-6 lakh per year. These entry-level jobs offer significant potential entry into the finance and accounting field, with room for salary increases as experience is gained. The high demand for ACCA-qualified professionals in India, arising from the complex financial scenarios as well as the ever-expanding business and corporate landscape, makes it one of the best professional qualifications to secure a firm foundation for your career. Salary depends on various factors like industry, company size, job location, etc. Candidates who qualify for ACCA can expect a higher salary range compared to other courses related to the same field in MNCs across India. There are many job opportunities for ACCA freshers.

ACCA Salary Based on Experience

The salary path is an important indication of the nature of demand for ACCA qualifications and their important position as organizations navigate increasingly complex financial environments, with remuneration levels reflecting both commercial acumen as well as expertise in finance. The roles of members and their value and recognition make them the higher-paid member types, which can be seen in increases in the pay scale from year to year. Salary after ACCA largely depends on experience level, detailed below.

Entry Level (0-2 years of experience)

The salary range in entry-level roles is ₹6 to 10 lakh per annum. As ACCA members gain experience there is considerable potential for their salaries to increase. The expected salary range for entry-level after ACCA in various countries is mentioned below.

Country

Fee

UK

£25,000 – £35,000 per year

USA

$50,000 – $65,000 per year

India

₹300,000 – ₹600,000 per year

Mid Level (3-7 years of experience)

Mid-level professionals with 3 to 5 years of experience can expect a salary of ₹12 to ₹20 lakh per year in India. The expected salary range for the middle level after ACCA is mentioned below for reference.

Country

Fee

UK

£40,000 – £65,000 per year

USA

$70,000 – $100,000 per year

India

₹700,000 – ₹1,500,000 per year

Senior Level (8+ years of experience)

Professionals in senior roles or with broader expertise can earn ₹20 to ₹35 lakh or more annually. Expected salary range for senior level after ACCA is mentioned below.

Country

Fee

UK

£70,000 – £120,000+ per year

USA

$110,000 – $150,000+ per year

India

₹1,800,000 – ₹3,500,000 per year

Conclusion

After passing the ACCA course one can start with a promising career in accounting and finance in India. Fresh ACCA graduates can generally expect a starting salary in the range of ₹4 lakh to ₹6 lakh per annum. The salary potential increases significantly with experience, industry expertise, and further certifications. Overall, the ACCA credential offers not only a strong starting salary but also ample opportunities for career development and financial advancement. ACCA Salary for Freshers is information that every ACCA candidate should know about. For More Information reach out to Plutus Education.

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