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 an ACCA affiliate or member in India can be substantial. This is a detailed look at the salary that ACCA experts should earn.

• Pay at Entry Level for ACCA Affiliates: 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: 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

An ACCA professional’s income 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:

Beginning (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: At this level, yearly pay 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.

ACCA Salary in India as per the Location

Mumbai

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

Senior Positions: Depending on the position and the city, salaries for these positions could range from INR 20 lakhs to over INR 30 lakhs annually.

Delhi

The average annual salary for entry-level jobs 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. 

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 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.

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 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 annuum, 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. Consider enrolling at a reputed ACCA institution like Mirchawala’s Hub of Accountancy for the right guidance and career support.