The 9 Best Qualifications to Grow Your ACCA Career in India

An ACCA career in India is considered a rewarding career option bringing amazing career opportunities and growth potential. Most companies see ACCA as a badge of professional distinction and are eager to work with ACCA-qualified individuals who can grow their companies. 

Students may choose to pursue other courses in addition to or instead of their ACCA. Here, we have listed below several certified and diploma-related courses that will help an aspirant grow after his ACCA course in India. 

The Best Qualification to Complement Your Career 

• Chartered Financial Analyst

The ACCA and CA combo is excellent, particularly if you have a penchant for or interest in investment banking or portfolio management. Your extensive knowledge of investment management and portfolio management skills, which will form the cornerstone of the investment sector, will come from earning the globally recognized and mandatory CFA certification. 

• Company Secretary

In the long run, pursuing a company secretary for CA in addition to your ACCA will be highly advantageous to seize top prospects, particularly in management. Along with ACCA, CS is an excellent qualification to acquire, especially when it comes to course material and understanding the business environment. If you have still not started your ACCA career and looking for guidance, Mirchawala’s Hub of Accountancy is renowned for offering a wide range of ACCA and other financial courses in India, Pakistan, and across the world.

• Certified Public Accountant

The American equivalent of chartered accounting is CPA. The American Institute of Certified Public Accountants grants the CPA degree, which is required to practice public accounting in the United States. A professional with an ACCA or CPA degree can work on a variety of projects in fields including assurance services. CPA is an excellent option to add a new wing to your ACCA career in India.

• Financial Risk Management

The Financial Risk Manager, or FRM, is a worldwide recognized standard for individuals interested in pursuing a career in risk management. It is conferred by the Global Association of Risk Professionals (GARP). FRMs with certification are acknowledged by important employers in a wide range of industries and are part of an extremely exclusive worldwide network. 

A financial risk manager must pass a demanding two-part exam focused on practice to have a strong foundation in a field that is always changing. 

• Certified Internal Auditor

The Institute of Internal Auditors (USA) oversees the Certified Internal Auditor program. Upon obtaining this qualification, a candidate will be acknowledged as an authority on the subject of internal auditing. The candidates will then need to travel to one of the many CIA exam locations across the world to take the exam from the comfort of their own homes. There are no set times for taking the online exam; it can be attempted at any time of the year. If, after working as an ACCA, you want to improve the course of your career, this is a great course option. 

• Financial Modelling

These days, financial modeling is seen as an essential talent, particularly for those wishing to pursue careers in project finance, investment banking, equity research, mergers and acquisitions (M&A), or looking to complement the ACCA career in India. Aspirants studying financial modeling will gain expertise in creating spreadsheets as well as using technical knowledge to construct and develop financial models for a range of uses. 

• Certified Financial Planner

The CFP is a good choice if you want to advance in your career as a personal financial planner. Obtaining the Certified Financial Planner (CFP) accreditation can enhance your abilities to assist customers in building prosperous company portfolios and making informed financial and investment decisions. 

• Certified Fraud Examiner

A fraud examiner is a qualified professional investigator who meticulously examines financial transactions and does forensic audits to detect and identify fraud and other financial crimes. Fraud examiners are usually employed by state and federal law enforcement agencies, banks, other financial institutions, and legal accounting firms. 

• System Analysis Program

When looking to flourish your ACCA career in India, you can think of the System Analysis Program or SAP.Because of the multiple capabilities and varied SAP deployments from company to company, SAP is a globally known brand. However, a lot of IT companies, including Accenture, IBM, and many more, are providing SAP consulting to make things simpler because of the implementation challenges. Human Resources, Production Planning, Project Management, Treasury, Financial Accounting, Controlling, Management Accounting, and many more modules make up this system.

These are the nine best qualifications to complement your ACCA career in India. Mirchawala’s Hub of Accountancy is renowned for offering a wide range of ACCA and other financial courses in India, Pakistan, and across the world. We have an expert teaching team to help you in your learning journey. Contact us now if you have any questions about any of the courses.

Frequently Asked Questions (FAQs)

Q: Is ACCA enough to get a job?

Ans: ACCA specialists can explore the job opportunities at well-known companies including PwC, KPMG, Deloitte, EY, Barclays Bank, and Accenture. Finding the ideal position is made easier with ACCA Careers’ wide range of jobs and employers.

Q: Is ACCA a high-paying job?

Ans: In India, an ACCA member should anticipate earning between INR 6 lakhs and INR 15 lakhs per year on average. Years of experience, new abilities, and managerial duties can raise the ACCA salary in India.

Q: What roles can you play with ACCA?

Ans: Here is a quick list of ACCA jobs in India:

• Accountant.
• Finance Manager
• Senior Accountant
• Controller of Finances

Q: What are the duties of ACCA?

Ans: An ACCA practitioner can work as a management consultant, financial planner, and other roles in addition to an accountant.