ACCA Job Opportunities and salary for ACCA certified in different locations
Admin 29 Dec, 2023 ACCA Job Opportunities and Salary
Accountancy, as we all know, is one of the most popular occupations, with several changes in domains such as auditing, tax consulting, management consulting, corporate secretarial services, and financial management.
Accountants operate in a variety of industries, including the private sector, the public sector, banking, and commerce. Accountancy professional bodies such as ACCA, CIMA, ICAEW, and others offer internationally recognized qualifications.
ACCA jobs are well-known and well-recognized accounting positions all around the world. Because meeting the qualifications can be challenging, they are plentiful. There is a significant amount of formal education required, as well as certification tests to pass.
The pay scale is attractive, and they are highly sought-after employment. You just must devote the necessary time to ensure that you are capable of meeting the requirements. When it comes to being the ideal candidate for ACCA jobs, starting with a good solid education will go a long way. Aside from formal education, doing some internship work at a company you'd like to work for eventually is a fantastic way to prepare for one of the great ACCA jobs.
Many of the specific qualifications granted by professional organizations can be studied at a higher education college or university.
Similarly, if you want to work in a foreign country, ACCA is a must-have qualification. ACCA jobs are accessible in Australia, the United Kingdom, Singapore, and Dubai, among other places. Aside from that, ACCA is a great option for those who want to get experience and a broad understanding of the finance field.
What are the job opportunities with the ACCA?
ACCA job Opportunities are available all over the world. An ACCA professional can operate as a management consultant, financial planner, and so on in addition to being an Accountant.
An ACCA cant work in India as an auditor. Because ACCA India does not have the authority to sign documents, he is unable to sign audit reports. Similarly, he is unable to open his auditing firm. Professionals from ACCA India on the other hand can audit in the United Kingdom.
Opportunities and salaries ACCA Job in India
The number of ACCA India job openings has expanded dramatically in recent years.There has been a steady increase in career opportunities for ACCA experts as more MNCs and Big 4 firms have grown.
Similarly, as more students become aware of ACCA and its benefits, the industry's demand for the certification exam has increased.
With such a flood, India is expected to quickly become one of the most important global markets for ACCA. As a result, India's economy is on a path of expansion and globalization. As a result, even multinational corporations and larger international corporations are looking to India for skilled accountants and ace finance specialists.
In India, an ACCA's pay is roughly comparable to that of a CA professional. An ACCA qualified individual can earn up to INR 15 lac per year on average. The pay scale for ACCA qualified ranges from INR 6 lac per annum to INR 15 lac per annum. Based on the candidate's skills, experience, the company's demands, the competition, and other considerations, it might go even higher.
In India, which companies are hiring ACCAs?
Individuals with an ACCA qualification are easily hired by Big 4 firms such as EY, PwC, Deloitte, and KPMG. ACCA specialists are also sought by multinational corporations such as Tata Grant Thornton, Embassy Group, and Pepsico. Aside from that, Accenture, HSBC, and Shalimar Paint all hunt for ACCA-certified Accountants.
ACCA currently has over 180,000 members and about 490,000 students from over 170 countries. We are seeing more enrollments and career opportunities for ACCA as the qualification's popularity grows. ACCA is particularly famous because it provides comprehensive knowledge of IFRS (International Financial Reporting Standards), which is useful all over the world. As a result, ACCA provides excellent career prospects not only in India but throughout the world.
Is ACCA worth it if you want to relocate overseas and earn a lot of money?
- Yes, whether you plan to stay overseas or in India, the ACCA course is worthwhile.
- The ACCA credential is well-known around the world.
- The ACCA qualification leads to a fulfilling career in Accounting.
- The ACCA certification is highly sought after because it opens opportunities for you all around the world.
- There are several career prospects available after obtaining ACCA.
- You can apply for jobs in other countries that pay better if you have an ACCA certificate.
- If you want to live in another country permanently, you should pass all levels of the ACCA course exam.
- Being completely qualified, depending on where you want to work, will only help you stand out when applying.
- Taking the ACCA at all levels will benefit you and offer you an advantage when applying for a permanent residency visa.
ACCA Job Opportunities Abroad
There has been a growth in the demand for ACCAs in recent years. A crucial consideration is the level of expertise supplied by an ACCA qualification. As a result, the ACCA pay has climbed dramatically in several nations. In this section, we will discuss the ACCA qualification income that one can earn if he decides to work in the countries listed below:
ACCA Job Opportunities and salary in Dubai or the UAE
ACCA salaries in Dubai or across the UAE range from Rs.10 LPA to Rs.25.6 LPA. The pay scale is highly dependent on the industry and firm in which one works.
ACCA salaries in the United Kingdom
In the United Kingdom, salaries range from Rs.20 LPA to Rs.30 LPA. Apart from that, ACCAs working in the UK are eligible for a bonus.
ACCA Job Opportunities &Salary in Canada
In Canada, the ACCA qualification is well-known among students. It's been over four years since ACCA became well-known. In Canada, the ACCA salary ranges from Rs 8 LPA to Rs.20 LPA. Salary ranges may vary depending on demand and required abilities.
ACCA pay in the United States
The United States is one of the highest-paying countries for ACCA. In the United States, salaries range from Rs.29.6 LPA to Rs.88.2 LPA. The range varies once again based on the work role.
ACCA Job Opportunities &Salary in Singapore
ACCAs have a lot of work prospects in Singapore. As a result, the predicted salary ranges from Rs.17 LPA to Rs.21 LPA.
Many people are pursuing an ACCA qualification because of the high demand and good pay. Students are choosing this qualification because it takes years to complete. The number of papers passed in a year and the number of exemptions requested is both variables in completing a course early. The procedure of registering for the ACCA exam has gotten much easier thanks to the platform known as NorthStar Academy. Visit this page to learn more about the ACCA registration process and the documentation you'll need.
FAQ's
1. Is it possible to acquire a job in India after completing the ACCA?
ACCA members can also apply for jobs in all of India's top multinational corporations, including the Big Four (KPMG, Deloitte, PwC, and EY). Candidates with the appropriate ACCA membership can also apply for positions in other countries because it is a globally recognized qualification.2. Is ACCA in India in high demand?
ACCA is particularly famous because it provides comprehensive knowledge of IFRS (International Financial Reporting Standards), which is useful all over the world. As a result, ACCA provides excellent career prospects not only in India but throughout the world.3. ACCA average salary in india?
In India, an ACCA affiliate might expect to earn between 6 and 8 lakhs per year as a starting income. When you join the ACCA your annual pay jumps by more than 10 lakhs per annum. Based on the candidate's skills, the company's demands, the competition, and other considerations, it might go even higher.4. Is the ACCA a better option than the MBA?
Both have advantages and disadvantages, and it is up to you to determine which professional path you want to take. An ACCA will provide you with a more specialized skill set, while an MBA will equip you with a broader skillset to handle the total business.ACCAs, as well as MBAs, are well compensated. The usual package is around 10-15 lakhs per annum, and this will continue to rise as you get more expertise.5. Is it possible to pursue an MBA after completing an ACCA?
The ACCA course takes a minimum of four years to finish, while the MBA degree takes two years. The course will take both of them at least 6 years to complete. And it's worth noting that an MBA and an ACCA can be accomplished in under two years.6. Is it possible to do CFA after ACCA?
The ACCA course takes a minimum of four years to finish, while the MBA degree takes two years. The course will take both of them at least 6 years to complete. And it's worth noting that an MBA and an ACCA can be accomplished in under two years.7. What should I do after I complete the ACCA?
You can get enormous job opportunities after ACCA certification. If you are interested to continue your education, CFA is the appropriate Post Graduate degree to advance your finance career after completing an ACCA. CFA is more concerned with the financial aspects of management than with the management aspects. The course includes a series of three levels of tests. It may be simple for you to learn and complete CFA if you are already an ACCA-qualified individual.8. The ACCA is the first step toward a more satisfying job
These figures aren't prescriptive because there are so many elements that influence an ACCA Accountant's pay potential but they should demonstrate how useful a certificate is. As you gain the skills, experience, and confidence to thrive in Accounting and Finance, becoming an ACCA accountant is a natural next step.9. What is the best approach to preparing for the ACCA exam?
- The best approach to prepare for the ACCA exam is to enroll in a training facility.
- The reason you should take ACCA training is that it is a comprehensive course that covers a wide range of vital topics.
- To pass this exam, you'll need either virtual or classroom training.
- It offers thorough instruction to help students advance in the field of accounting.
- Candidates are given important information that will help them prepare for real-world circumstances, and each module is thoroughly covered.
Conclusion
NorthStar Academy offers Soft Skills Training to help people develop their personalities and interpersonal skills. They provide career services as well as top-notch placement aid in well-known businesses.
It offers ACCA course training to help you become ready for the job. If you're interested in taking the ACCA course, you may contact NorthStar Academy to discover more about the ACCA course pricing in India, as well as the ACCA course eligibility.