ACCA salary in India and different countries

ACCA salary in India and different countries

The ACCA course offers global recognition and significantly boosts your career, holding the same weight as the CA designation in India. ACCA professionals can expect attractive salary packages, which vary by country and role. In India, the average ACCA salary for freshers and entry-level ACCA professionals is much lower than that of the ACCA professionals working in Big 4 firms (Deloitte, EY, KPMG, PwC).

The ACCA starting salary for freshers in India is generally lower, but as you gain experience and become a qualified ACCA professional, the salary increases significantly. ACCA affiliates in India earn slightly less than fully qualified professionals. The highest salary of an ACCA can be significantly higher in top-tier companies or large corporations. Especially for an ACCA qualified professional working in the Big 4 finance and accounting companies.

Globally, ACCA salary in the USA ranges from $70,000 to $150,000 annually. The demand for ACCA professionals is high, especially in finance and accounting roles, making the qualification a valuable asset for career growth and higher salary prospects. The ACCA professionals are well-positioned and the average salary of an ACCA professional operating in India or globally is very high.

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ACCA Pay Packages in India & Globally: An Overview

ACCA is one of the most sought-after finance certifications globally. This globally acknowledged qualification opens up job opportunities in various countries. Understanding the ACCA Salary and its qualification in the finance world is necessary. Here’s information on ACCA salary packages for ACCA-certified professionals in India and abroad.

ACCA Salary in India

The salary for ACCA members in India varies based on factors like experience and job position. Entry-level positions may earn between INR 3 to 10 lakhs annually, while those in mid-senior or senior roles can earn significantly more. The ACCA Job salary in India can vary based on the company you are working in. The big 4 companies offer higher ACCA salary per month, the jobs there are popular among ACCA professionals across India. The ACCA salary in big 4 firms makes them highly valued in India.

Recently certified ACCA members often secure positions equivalent to CA holders in India. ACCA professionals in India also have excellent career growth prospects, whether or not they work in top firms. Companies like:

  • Morgan Stanley

  • J.P. Morgan

  • Grant Thornton

  • BDO & Other Giant Companies

Here’s a breakdown of average pay packages for ACCA-certified professionals in India across different positions:

For those in the Big 4 firms, here’s what you can earn:

Entry-level positions for ACCA freshers in India are similar to those of Chartered Accountants and include roles such as:

  • Accounts Executives

  • Financial Analysts

  • Accounts Associates

  • Taxation Advisors

As you progress into more senior roles, you’ll have the potential to earn even higher salaries with top firms like KPMG, Deloitte, and Grant Thornton.

ACCA Salary in Australia

In Australia, ACCA members are recognized by institutions like the Institute of Public Accountants (IPA) and the Certified Practicing Accountant Australia (CPA Australia). The salary range for ACCA professionals in Australia is between AU$53,000 and AU$100,000 annually.

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ACCA Salary in Canada

In Canada, an ACCA certification is equivalent to a Bachelor’s degree, and professionals can earn between C$ 71,000 and C$ 117,000 annually.

ACCA Salary in the United Kingdom

In the UK, earning an ACCA certification is considered equivalent to a Bachelor’s degree in accountancy, and passing the Strategic Professional exams is viewed as equivalent to a Master’s degree. Salaries in UK for ACCA-certified professionals range from £21,000 to £51,000 per year, with the potential for higher earnings as you gain experience.

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Boost Your Salary with Additional Finance Certifications

While ACCA itself offers great career prospects, combining it with other finance qualifications can further boost your career and salary potential. Some additional certifications include:

  • CFA (Chartered Financial Analyst): Offers in-depth knowledge in investment analysis, portfolio management, and wealth management. With the growing popularity of digital assets and alternative investments, a CFA alongside ACCA can open up roles in private wealth management and portfolio management.

  • CPA (Certified Public Accountant): Ideal for those interested in public accounting, CPA pairs well with ACCA for career roles in forensic accounting, taxation, financial planning, and auditing.

  • US CMA (Certified Management Accountant): US CMA focuses on financial planning, performance, and analytics, strategic financial management, cost management, and internal controls. Combining US CMA with ACCA makes you a highly desirable asset for top managerial positions in global companies.

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Conclusion

ACCA (Association of Chartered Certified Accountants) offers a globally recognized certification in accounting and finance. Many institutions in India offer ACCA courses, both online and offline. However, NorthStar Academy is your ideal option if you’re looking to pass your ACCA exams and advance your career. We offer expert-led online ACCA classes, comprehensive study materials, and personalized mentorship to ensure your success. From test-taking strategies to mock exams, we provide everything you need to excel. Whether you’re pursuing an ACCA qualification or aiming to become an ACCA-qualified professional, we’re here to guide you through every step of your journey.

The salary for ACCA professionals can vary by location, but ACCA graduates are well-positioned to earn attractive salary packages. In India, the average ACCA salary for freshers typically ranges from ₹4-7 lakhs per year, while more experienced professionals can see starting ACCA salary in India of ₹8-12 lakhs annually, especially in Big 4 firms. ACCA salary in India reflects different salary ranges, with the highest salary of ACCA professionals in top-tier roles going up to ₹20 lakhs to ₹ 30 lakhs per annum.

NorthStar Academy helps you get ACCA certified and unlock career roles in India and worldwide, offering you the opportunity to earn a competitive salary per month in India and gain access to international salary packages. Join NorthStar Academy today and start your career as an ACCA-certified professional! You can communicate your academic needs with NorthStar Academy via WhatsApp.

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