What is the ACCA Certification?
The ACCA certification, offered by the Association of Chartered Certified Accountants, stands as a globally recognized qualification in accounting and finance. This course not only equips candidates with essential skills in accounting and finance but also develops competencies in business management, such as communication, decision-making, and strategic thinking.
Average Salary of an ACCA-Certified Professional
The salary for an ACCA-qualified candidate in India varies based on several factors, including skills, location, experience, and company reputation. Typically, an ACCA-certified candidate can expect an initial salary package starting at around ₹5 lakhs per annum. However, as candidates gain experience and take on additional responsibilities, their earnings can range from ₹5 lakhs to ₹12 lakhs or even more.
Demand for ACCA in India
Currently, the ACCA qualification enjoys high demand in India. This demand arises primarily from the growth of multinational companies that prefer candidates with global credentials. Furthermore, the ACCA program emphasizes finance, accounting, and management skills. Therefore, it is well-suited for careers in both domestic and international business environments.
Eligibility for ACCA in India
To enroll in the ACCA program in India, candidates must pass Class 12 with at least 65% in English, Accounts, and Mathematics, along with 50% in other subjects. Additionally, candidates who do not meet these criteria can enroll in the Foundation in Accountancy (FIA) program. After completing the FIA, they can seamlessly continue with the remaining levels of the ACCA.
International Recognition of ACCA
The ACCA certification is recognized in over 180 countries, including the UK, Ireland, Canada, Singapore, Japan, Dubai, Australia, and Malaysia. This international recognition, combined with ACCA’s emphasis on ethics and strategic skills, makes it a preferred qualification for multinational companies. Consequently, it serves as a significant asset for professionals seeking global career opportunities in accounting and finance.
