ACCA Salary in India, As Per Experience, Location, and Company Size

Considering how rapidly the economic and financial landscape of India is changing, ACCA’s scope is wide and dynamic. ACCA professionals are establishing noteworthy niches across a range of industries. Furthermore, depending on several variables, the financial benefits of becoming a member of the ACCA in India can be substantial. This is a detailed look at the salary that ACCA experts should earn.

  • ACCA Salary in India for Freshers: Depending on the organization and the type of work, entry-level roles for ACCA affiliates in India may earn anywhere between INR 4 lakhs and INR 8 lakhs annually. At the higher end of this range, larger cities and multinational corporations might provide, appreciating the worldwide knowledge that ACCA affiliates contribute.
  • Average Salary Range for ACCA Members in India: The earning potential of ACCA professionals rises as they acquire experience and join the organization as full members. In India, an ACCA member should expect to earn between INR 6 lakhs and INR 15 lakhs per year on average. Years of experience, new abilities, and managerial duties can raise this even further.

ACCA Salary in India, According to Experience

The salary of an ACCA is not a set amount; rather, it varies depending on a number of variables that can cause large differences. One of the main things affecting earning potential is experience. The following are some ways that experience may affect an ACCA professional’s pay:

ACCA Salary for Freshers (0–3 years)

  • Starting Pay: Because they are still acquiring real-world experience, new ACCA associates generally start with lower pay.
  • Range: Depending on the city and industry, entry-level ACCA professionals in India may make between INR 4 and 8 lakhs a year.

Experience Level: 3–7 Years

  • Pay Increase: As ACCA professionals advance into positions with more responsibility and accumulate a number of years of experience, they should anticipate a significant pay increase.
  • Range: For individuals who have advanced into managerial roles or specialized industries, salaries might reach as high as INR 10–20 lakhs per year.

Experience at the Senior Level (8+ years)

  • Leadership Roles: ACCA professionals frequently hold senior management positions, which come with a large pay increase due to their extensive experience.
  • Salary range: ACCA salary in India after 10 years may vary from INR 20 lakhs to INR 30 lakhs. The highest limit can be substantially greater for individuals in leadership roles, such as CFO, and exceed INR 50 lakhs. If you are impressed with the earning potential an ACCA qualification brings and are looking to make your career in this field, consider enrolling at a reputed ACCA institution like Mirchawala’s Hub of Accountancy for the right guidance and career support.

ACCA Salary in India as per the Location

Mumbai

The average annual salary of ACCA in Mumbai for entry-level occupations is between INR 6 and 12 lakhs.

  • Senior Positions: Depending on the position and the company, ACCA salaries for senior positions could range from INR 20 lakhs to over INR 30 lakhs annually.

Delhi

The average annual salary for ACCA entry-level jobs in Delhi is between INR 5 and 10 lakh.

  • Senior Positions: Considering its broad industrial and economic foundation, the annual salary ranges from INR 18 lakh to INR 28 lakh.

Bangalore

The average annual salary for entry-level occupations is between INR 5.5 and 11 lakhs. 

  • Senior Positions: Given the significant concentration of startups and tech businesses, the annual salary ranges from INR 19 lakhs to INR 30 lakhs.

Hyderabad

The average annual salary of ACCA in Hyderabad for entry-level occupations is between INR 5 and 9 lakh.

  • Senior Positions: With an increasing number of international firms, the annual salary ranges from INR 17 lakhs to INR 27 lakhs.

ACCA Salary in India as per Company Size

The income of ACCA professionals can be significantly impacted by an organization’s size because larger businesses are usually able to offer better compensation packages and more benefits due to their greater resources.

Small to medium-sized enterprises (SMEs) 

  • Entry-Level: Between INR 3 and 6 lakhs annually.
  • In the middle: INR 7–14 lakhs annually.
  • Senior: INR 15–25 lakhs annually.

Large Businesses

  • Entry-Level: 5–10 lakhs of rupees annually.
  • Mid-Level: 12–24 lakh rupees
  • Senior: INR 25–50 lakhs annually.

The Big Four Accounting Firms and Multinational Corporations (MNCs)

  • Entry-Level: Between INR 6 and 12 lakhs annually.
  • In the middle: INR 15–30 lakhs annually.
  • Senior: INR 35 to 50 lakhs or more annually.

Due to their less hierarchical structures, smaller businesses may provide lower starting pay but may also benefit from cl oser working connections, a wider range of employment, and faster career advancement.

ACCA Salary in India, Depending on the Sectors

An ACCA professional’s pay is mostly determined by the industry in which they operate. Because each industry has its own unique economic dynamics, profitability, and need for specialist financial knowledge, different industries may provide different compensation packages.

An outline of potential ACCA salary differences across different industries may be found here: 

Banking and Financial Services

  • Range: For entry-level roles, INR 6–15 lakhs annually.
  • Senior Roles: might get between INR 20 lakhs and INR 40 lakhs annually, especially for positions in financial research or investment banking.

Gas and Oil/Energy

  • Range: For entry-level positions, INR 7–16 lakhs annually.
  • Senior Roles: Experienced professionals may earn between INR 22 lakh and INR 45 lakh annually, which is commensurate with the industry’s high revenue and capital-intensive characteristics.

Data Centers and Software Development Services

  • Range: For entry-level roles, INR 5–12 lakhs annually.
  • Senior Roles: Senior positions, particularly in multinational corporations, can pay anything from INR 18 lakhs to INR 35 lakhs annually.

Manufacturing

  • Range: For entry-level roles, INR 5–10 lakhs annually.
  • Senior Management Positions: Salary ranges for these positions range from INR 18 lakhs to 30 lakhs per annum, as per the global reach and scale. 

Consulting

  • Range: For entry-level jobs at respectable consulting firms, INR 8–14 lakhs annually.
  • Senior Roles: In strategy and management consulting, senior consultants and individuals in leadership roles might make between INR 25 lakhs and INR 50 lakhs annually.

Whether you’re just getting started or hoping to advance to more senior roles, ACCA provides a flexible and progressive path to a fulfilling career. You’re not simply establishing a job with worldwide recognition; you’re laying the groundwork for an international adventure. This is a complete overview of the ACCA salary in India. We hope you found this article insightful and interesting. Stay tuned for such amazing content.  Contact us now to learn more about our courses.

Frequently Asked Questions (FAQs)

Q: What is the ACCA salary in India per month?

Ans: On average, the ACCA salary in India ranges from INR 40,000 to INR 1,25,000 after removing tax deductions and adding additional allowances. 

Q: What is the B.com. ACCA salary in India? 

Ans: According to the data from AyScale, an executive can expect to earn an average ACCA salary of INR 50,000 to INR 20,000 per year. 

Q: What is the average ACCA salary in India in the Big 4?

Ans: An entry-level ACCA professional earns 5,000 to INR 66,000 per month. As they grow in their career, their earning potential also grows, and it can go around INR 150,000 or more.

Q: Who earns more, CFA or ACCA?

Ans: At the initial stage, ACCA and CFA both have competitive salaries. CFAs have a higher salary potential in the specialized domain of finance. ACCA professionals are expected to have better earnings in senior management roles. 

Q: Who earns more, CA or ACCA?

Ans: The CA salary in India ranges from 8 to 9 lakh and can go up to 50 to 60 lakh. But the ACCA salary in India is around 6 to 7 lakh.

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