ACCA Salary in India l Average Salary and Jobs for Fresher and Experience

Learn about the ACCA salary in India. The ACCA starting average salary ranges from 4-6 lakh. Get information on ACCA salary packages, benefits, career growth, etc.

The full form of the ACCA Course is the Association of Chartered Certified Accountants. The national ACCA salary in India ranges between INR 6 to INR 12 LPA. In India and other countries, the ACCA certification has become remarkably popular over the past few years. In India, the ACCA certification is the international version of the CA certification. The ACCA salary in India per month is around INR 40,000 to 60,000. 

Salary for ACCA professionals may depend on the location and experience in years, industry, or the career pursued. Starting packages for ACCA could be in the range of around $3,000 to $5,000 per month (225,000–375,000 INR), and mid-level employees can reach up to $5,000–$8,000 per month (75,000–600,000 INR). Salaries for ACCA in top management such as directors or finance managers can go beyond $10k per month (750,000 INR), particularly in major financial centers.

What is the average ACCA salary in or abroad?

ACCA graduates can expect varying salary ranges depending on their location, with notable differences between domestic placements in India and international opportunities worldwide.

In India:

  • In India, the starting salary of ACCA graduates ranges between INR 5 lakhs to INR 10 lakhs per annum, which could increase further in the case of experience or even employment at a Big 4 firm.
  • Your mid-level salary is likely to jump to the range of INR 17 lakhs to INR 25 lakhs with a few years of experience.
  • Even at the senior level, ACCA members who carry greater experience receive higher remunerations; many among them earn INR 23 lakhs to INR 37 lakhs per year.

In Abroad:

  • Globally: An ACCA holder normally commands substantially higher remunerations compared with their Indian equivalent; the worldwide average income for an ACCA member floats between around GBP 50,000 and the equivalent of more than INR 60 lakh.
  • The first destination preferred by the graduating ACCA minds continues to be the United Kingdom, where middle management attracts average salaries between GBP 30,000 and GBP 45,000, which works out to approximately INR 36 lakhs to 54 lakhs. These salaried figures can go as high as an impressive GBP 60,000 or even more than INR 72 lakhs for those with senior positions.
  • ACCA graduates in countries like Singapore, Australia, and the US can expect lucrative annual salaries, often surpassing USD 80,000 (approximately INR 64 lakhs), offering a substantial return on investment. 

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ACCA Salary in India: Average Annual Salary 

The number of years of relevant experience plays a crucial role in determining the ACCA salary in India. As a benchmark, the average annual salary of a chartered accountant in India is approximately ₹8.07 lakhs. Let's delve into the expected salary ranges for ACCA professionals in India, based on their level of experience:

ACCA Jobs Salary
Accountant INR 4 - 6 LPA
Chartered Accountant INR 12 - 15 LPA
Auditor INR 4 - 6 LPA
Financial Accountant INR 4–8 LPA
Finance Officer INR 5 - 7 LPA
Financial Analyst INR 5 - 8 LPA
Account Executive INR 4 - 6 LPA
Account Manager INR 6 - 10 LPA
Chief Financial Officer INR 15 - 30 LPA (Depending on company size & industry)
Business Analyst INR 6 - 12 LPA

ACCA Salary for Fresher 

Recently qualified ACCA professionals can expect to secure roles in India similar to those of Indian Chartered Accountants. Top accounting and finance firms, including BDO, Grant Thornton, J.P. Morgan, and Morgan Stanley, actively recruit ACCA freshers. Landing a job with a reputable organization can pave the way for rapid career advancement and tremendous growth opportunities, setting the stage for a successful and rewarding career.

You can expect the ACCA fresher salary in India, starting salary ranging from ₹4 to ₹6 lakhs per annum (LPA). However, as you gain valuable work experience and showcase your skills, your salary is likely to increase. Upon joining an organization as a new employee, the starting salary of an ACCA Fresher can potentially rise to ₹6 to ₹8 LPA, marking a significant growth in your earning potential.

ACCA Salary: According to Level of Education 

The table below shows the details of ACCA salary according to education level. Candidates can check the ACCA salary according to their education.

Education Level Average Salary Range (Per Annum)
ACCA Affiliate INR 3,00,000 - INR 6,00,000
ACCA Member INR 6,00,000 - INR 12,00,000
ACCA with MBA INR 8,00,000 - INR 15,00,000
ACCA with CA INR 10,00,000 - INR 20,00,000

Position Wise: ACCA Salaries in India 

Below is a rough table providing approximate salary scales for various job profiles in India for those holding an ACCA certification. Keep in mind that the figures included in these columns are only estimations and may change with factors like experience, locality, and organization.

Job Title Salary Package
ACCA Trainee 3,00,000 - 5,00,000
Junior Accountant 4,00,000 - 6,00,000
Accountant 5,00,000 - 8,00,000
Senior Accountant 7,00,000 - 10,00,000
Financial Analyst 8,00,000 - 12,00,000
Assistant Manager (Finance) 10,00,000 - 15,00,000
Manager (Finance) 12,00,000 - 18,00,000
Finance Controller 15,00,000 - 25,00,000
Finance Director 20,00,000 and above

Average Salaries of ACCA Chartered Accountants: Experience-wise 

The depth of relevant experience an ACCA member has in a specific subject or industry plays an important role in determining their average salary. Logically, the more experience you have in a particular field, the higher compensation you can command. Depending on your career stage before obtaining the ACCA certification, here's a breakdown of the average salary for experience-wise you can expect as an ACCA CA:

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

Company Wise: ACCA Salaries

The table below provides highlights of the salaries offered to ACCA-certified professionals by leading companies across various industries:

Company Name Average Annual Salary
Ernst & Young (EY) INR 7 - 9 LPA
State Street Operation INR 16 - 18 LPA
KPMG International INR 8 - 12 LPA
QX Pvt Ltd. INR 5- 6 LPA
Accenture INR 12 - 14 LPA
CISCO System Inc INR 10 - 12 LPA
Deloitte INR 10 - 15 LPA
Genpact INR 14 - 16 LPA
Grant Thornton INR 5 - 6 LPA
HSBC INR 10 - 12 LPA
ICICI Bank INR 10 - 12 LPA
J P Morgan INR 8 - 12 LPA

ACCA Salary in India: Certification-Wise

Below is a complete list of salaries earned by ACCA-certified professionals, categorized by different certifications:

ACCA Certification Average Salary
Certified Credit Executive INR 4 - 12 LPA
Certified Human Resources Professional (CHRP) INR 4 - 25 LPA
FMEA Certification INR 5 - 12 LPA
Real Estate Certificate INR 5 - 25 LPA
Certified Public Procurement Officer (CPPO) INR 4 - 12 LPA
Fundamentals of Insurance INR 5 - 12 LPA
Certified Data Management Professional (CDMP) INR 5 - 25 LPA
Professional in Human Resources INR 4 - 20 LPA

ACCA Average Salary in Big 4 Firms 

The Big 4 accounting firms—Deloitte, PwC, EY, and KPMG—offer attractive salary packages to ACCA-qualified professionals. On average, ACCA affiliates hired by these firms can expect a salary of₹20.7 lakhs. For individuals pursuing an ACCA course in Delhi, it's essential to understand the average salary packages offered by Big 4 finance and accounting companies, which vary based on seniority levels."

Freshers
Experience Level Job Role Average Annual Salary Range
0-2 years Associate/Audit Associate ₹4,50,000 – ₹7,00,000
0-2 years Consulting Analyst ₹5,00,000 – ₹8,00,000
0-2 years Tax Associate ₹4,50,000 – ₹7,50,000
0-2 years Advisory Associate ₹5,00,000 – ₹8,00,000

 

Mid-Level
Experience Level Job Role Average Annual Salary Range
2-5 years Senior Associate ₹8,00,000 – ₹15,00,000
2-5 years Consultant/Senior Consultant ₹10,00,000 – ₹18,00,000
2-5 years Tax Senior ₹9,00,000 – ₹16,00,000
2-5 years Audit Senior ₹8,00,000 – ₹15,00,000

 

Senior-Level
Experience Level Job Role Average Annual Salary Range
5-10 Years Manager ₹15,00,000 – ₹25,00,000
5-10 Years Senior Manager ₹20,00,000 – ₹35,00,000
5-10 Years Tax Manager ₹18,00,000 – ₹30,00,000
5-10 Years Advisory Manager ₹20,00,000 – ₹35,00,000

 

Executive Level
Experience Level Job Role Average Annual Salary Range
10+ Years Director ₹30,00,000 – ₹50,00,00+
10+ Years Partner ₹50,00,000+

Location-Wise ACCA Salary 

The salary for ACCA professionals in India can differ significantly depending on the location, driven by factors such as cost of living and demand for financial expertise. The table below provides a general outline of location-wise salary ranges for ACCA professionals in India:

Location Average Annual Salary Range (INR)
Mumbai 5,00,000 - 20,00,000
Delhi/NCR 4,50,000 - 18,00,000
Bengaluru 4,00,000 - 16,00,000
Chennai 3,50,000 - 14,00,000
Hyderabad 3,50,000 - 15,00,000
Pune 4,00,000 - 16,00,000
Kolkata 3,50,000 - 14,00,000
Ahmedabad 3,00,000 - 12,00,000
Chandigarh 3,00,000 - 12,00,000
Jaipur 3,00,000 - 11,00,000

Experience-wise ACCA Salary

The table that follows shows the approximate compensation ranges for ACCA professionals with varying degrees of experience. Please be aware that these numbers are only estimates and may change depending on the region, industry, and size of the company.

Experience Level Average Annual Salary Range (in INR)
Entry-Level (0-2 years) 3,00,000 - 6,00,000
Junior-Level (2-5 years) 5,00,000 - 8,00,000
Mid-Level (5-10 years) 8,00,000 - 12,00,000
Senior-Level (10+ years) 12,00,000 and above

Employment Area Wise ACCA Salary 

The table below shows the approximate salary ranges for people in several Indian job categories who hold an ACCA (Association of Chartered Certified Accountants) qualification:

Employment Areas Average Annual Salary in INR
Public Accounting Firms 4,00,000 - 10,00,000
Corporate Sector 6,00,000 - 15,00,000
Financial Services 8,00,000 - 20,00,000
Consulting 7,00,000 - 18,00,000
Government and Public Sector 5,00,000 - 12,00,000
Non-Profit Organizations 4,00,000 - 8,00,000
Education and Training Institutions 5,00,000 - 12,00,000
Healthcare Sector 6,00,000 - 14,00,000
Information Technology 7,00,000 - 16,00,000

ACCA Salary in India or Abroad 

Here's a complete overview of the average annual salaries for ACCA professionals across various countries, providing a snapshot of global compensation trends:

Country Average Annual Salary (USD)
India $20,000-$50,000
United Kingdom $40,000-120,000
United States $50,000-150-000
Australia $50,000-130,000
Canada $45,000-$110,000
Singapore $40,000-$100,000
United Arab Emirates $45,000-$150,000
South Africa $20,000-$60,000

Summary of the Content 

As you may see from the data above, the ACCA qualification can really be very remunerative as a career in India and many other countries. It is accepted in more than 180 countries, including Canada, Singapore, and Australia.

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Top companies, including the Big 4, offer competitive salaries, and location-wise variations also impact compensation. Overall, ACCA professionals in India can expect attractive salary packages with opportunities for growth and advancement.

FAQs

Is ACCA worth it in India?

Pursuing an ACCA qualification could be worth it in India in terms of career opportunities if one requires some multinational experience or specific global finance roles, because the ACCA is international and is getting more demand in the Indian job market. Gaining this qualification especially leads to knowledge acquisition in consulting taxation and finance fields.

Which country pays ACCA the highest salary?

Among the nations that offer ACCA experts the greatest compensation are the UK and Switzerland. However, pay may differ according to function, experience, and location.

Is ACCA a high-paying job?

Yes, a job with a comparatively high salary can be obtained with an ACCA qualification. An ACCA member's yearly salary falls between INR 6.4 and 39.5 LPA.

Can ACCA earn in crores?

Yes, a professional in India who is a member of the Association of Chartered Certified Accountants (ACCA) can make crores. Experienced ACCAs at the senior level might make between₹30 and₹60 lakhs annually. CFOs and other executive roles might bring in over ₹100 lakhs.

What is the average starting salary for ACCA affiliates in India?

The average starting ACCA Salary in India ranges from ₹4 to ₹6 lakhs per annum. This salary range is based on national averages and may vary depending on location and industry. Freshers can expect a competitive salary package.

Which industries offer the highest salaries for ACCA professionals in India?

The finance, accounting, and banking sectors offer the highest salaries for ACCA professionals in India. Top companies, including the Big 4, also provide attractive salary packages. These industries value the skills and expertise of ACCA professionals.

Do Big 4 companies offer higher salaries for ACCA professionals?

Yes, the Big 4 companies (Deloitte, PwC, EY, and KPMG) offer competitive salary packages for ACCA professionals in India. On average, ACCA affiliates hired by Big 4 companies can expect a salary of ₹20.7 lakhs per annum.

What is the average salary for ACCA professionals in India based on experience?

Based on national averages, ACCA professionals with 0-2 years of experience can earn around ₹5-7 lakhs per annum. Those with 2-5 years of experience can earn around ₹8-12 lakhs per annum, while senior professionals with 5+ years of experience can earn up to ₹20 lakhs or more per annum.

How does the ACCA salary in India compare to other countries?

The ACCA salary in India is competitive with other countries in the Asia-Pacific region. However, salaries can be higher in countries like the United Kingdom, the United States, and Australia. The cost of living and demand for financial professionals also influence salary ranges globally.

Can ACCA professionals in India expect job security and growth opportunities?

Yes, ACCA professionals in India can expect job security and growth opportunities. The demand for skilled accounting and finance professionals is high in India, and companies are willing to invest in their employees' growth and development.