Is ACCA course have scope in India? what is its minimum salary in India and abroad?and it's passing percentage?

Hello Abhishek,

ACCA is a well known leading international accountancy body. It stands for Association of Chartered Certified Accountants. This is the oldest one established in 1904 among accountancy bodies.The ACCA qualification proves to employers that you have ability in all aspects of business.
It is the largest and fastest growing qualification in the world, with over 500,000 members and students in 170 countries.Since the certification of ACCA in India is new, students have a dilemma whether to opt for it or not.

Benefits of the ACCA qualification

1. Since this is a UK based qualification, it has a high demand in international market and you can easily get a job in MNCs.

2. enables you to become a Chartered Certified Accountant, use the designatory letters ACCA , and work in any aspect of finance or management in any business.

3. assures an employer that you have the skills necessary to progress to more senior management positions.

4. gaining such a qualification is evidence that the holder possesses skills and knowledge which are in high demand by employers in industry, banking, auditing, consulting as well as other professions like taxation and law.

5. candidates not only gain specialist knowledge in finance and accounting, but also acquire valuable skills in organisational management and strategy

6. with exams twice a year students can work while studying for ACCA.

7. The ACCAs working in audit firms in India (including the Big 4) can work as part of the audit team.

Designation offered to ACCA student

You will get finance based coveted roles in very reputed organisations across the country. Below are the roles offered-

Chartered Accountant,Financial Accountant,Auditor, Management consultant, Tax consultant.

Career opportunities for ACCA in India

Above discussed profiles will be offered in India to a successfully passed candidate. However you wont have signing authority. you cant sign audit reports or cant practice audit with your own firm. But you can audit in UK. In India however you can work with auditing team in Big 4, but the fellow signing the report must be the member of ICAI.

Job opportunities and salary for ACCA in India

With an increase in awareness about the ACCA exam and the expertise one gains from the qualification, the demand in the industry has increased exponentially. In coming years India will become one of the biggest global markets due to its rapid growth. Since GST will make our tax method so easy, the international companies coming to India will have higher demands of professional accountant and finance experts.

ACCA salary in India is equivalent to a CA. The average salary of ACCA in India is Rs.8 LPA. Generally, the salary in India ranges from Rs.4 to Rs.14 LPA. It may also be higher depending on other skills and company’s demand.

Companies hiring ACCA in India

The big 4 companies – Deloitte, PwC, KPMG, E&Y, multinational companies like Pepsico, Tata group, Embassy Group, Grant Thornton, mid-sized audit firms, etc hire ACCA India. The list also includes HSBC, Shalimar paints, Accenture, etc. So there are a lot of jobs available for an ACCA student in Indian market.

At present, there are 188,000 members and 480,000 students across 178 countries associated with ACCA body. With an increase in the popularity of qualification over the year.Hence, ACCA India has great opportunities in India as well as across the globe.