Tag: ACCA course in india

  • ACCA Scope in India: Answering the Frequently Asked Questions

    ACCA Scope in India: Answering the Frequently Asked Questions

    ACCA in India is a well-known and increasingly popular certification. However, it is still regarded as a relatively young one. A growing number of commerce students are learning about the professional qualifications that are in their future.  Many of them are considering to pursue ACCA as a means of becoming well-known throughout the world in the accounting and finance industries. Furthermore, everyone understands the value of application-based learning, particularly in the accounting and financial sectors.

    Students are therefore interested in learning more about it, including whether ACCA is challenging, ACCA scope in India, what careers are available to them following ACCA, and how much ACCA pays in India. In this article, we will answers all the common questions related to the ACCA future, covering the range of career options and earring potential  available in different sectors.

    Frequently Asked Questions on ACCA Scope in India

    Q: Does ACCA have a future?

    Ans: The future of ACCA seems quite bright. The need for ACCA specialists will increase as companies grow internationally, particularly in fields like risk management, sustainability, and digital finance. Excellent job progression options are offered by this certification.

    Q: What is the scope of ACCA in India in the future?

    Ans: ACCA is expanding throughout India. As businesses become more globalized and there is a greater need for qualified finance experts, ACCA’s extensive curriculum and international recognition have drawn in prospective accountants and finance professionals from India. Indicating the increasing recognition and popularity of ACCA as a desired qualification, the number of ACCA members and students in India has been rising consistently. 

    Q: Does ACCA have any value in India in 2025?

    Ans: In India, ACCA holds a great reputation, job options, and earning potential/The typical yearly salary for an ACCA with no experience is between 3 and 6 lakhs. However, when you gain professional experience, especially in areas like financial management, auditing, taxation, etc., you can start earning around 10 lakhs to 20 lakhs annually.

    Q: Can I get a job in India after ACCA?

    Ans: Following ACCA, you can find jobs in a variety of sectors, including public accounting, corporate finance, banking, and multinational organizations, in positions like financial analyst, internal auditor, tax consultant, management accountant, financial controller, and more. Check the best ACCA jobs in India and give your career a new height. 

    Q: Can I get a job in the Big 4 after ACCA?

    Ans: Indeed, the ACCA certification improves employment opportunities worldwide, especially for multinational corporations like the Big 4. Deloitte, PwC, EY, and KPMG are among the financial consulting firms that greatly respect ACCA’s worldwide recognition and state-of-the-art curriculum. 

     Q: Is ACCA highly paid?

    Ans: Because of their extensive skill set and worldwide recognition, ACCA (Association of Chartered Certified Accountants) practitioners can achieve excellent pay. Experience, work function, sector, and location are some of the variables that affect earning potential and ACCA scope in India. Members of the ACCA frequently land lucrative jobs in consulting, finance, and accounting businesses, and their salary tends to rise as they advance in their careers. However, starting salary for ACCA affiliates typically ranges from INR 5- 7 lacs.

    Q: Is ACCA a stressful job?

    Ans: ACCA is a worldwide professional credential rather than a job. The ACCA qualification, which is highly respected in the business and finance industry, is offered by this internationally recognized professional accounting organization.. ACCA gives people thorough knowledge and abilities in a variety of subjects, including business & strategy, taxation, auditing, financial accounting, and management accounting. 

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

    Ans: Many professionals who hold ACCA certifications earn from INR 40,000 to  INR 60,000 a month, which is more than their peers who are not certified.

    Q: Which is the highest-paying job after ACCA?

    Ans: There is a need for financial accountants in the public, nonprofit, and corporate sectors, thus, their employment prospects are good. ACCA-degreed professionals can progress to higher-level positions like chief financial officers (CFOs) or financial controllers.

    Q: What is the highest package in ACCA?

    Ans: ACCA experts hold high management positions, which earn the highest ACCA salary package ranging  from INR 20 lakhs to INR 30 lakhs per year. Learn about the ACCA salary in detail with this guide on ACCA salary in India. 

    Q: Can ACCA make money in crores? 

    Ans: Yes, an ACCA professional in India may earn crores. Senior-level ACCAs with experience may earn between ₹30 and ₹60 lakhs per year. Executive positions such as CFO may earn more than ₹100 lakhs.

    Q: Who earns more in India, CA or ACCA?

    Ans: A chartered accountant typically makes between 8 and 9 lakhs a year. An ACCA student typically makes between 6-7 lakhs a year. Because they are familiar with Indian laws and their terms and conditions, Indian companies prefer candidates who have earned an ICWA, CA, ACS, or MBA.

    Q: Do Indian companies hire ACCA?

    Ans: Those with ACCA qualifications are frequently hired by Big 4 firms such as EY, PwC, Deloitte, and KPMG. MNCs that hire ACCA India specialists include Tata Grant Thornton, Embassy Group, and Pepsico. For better understanding, check this blog on can I get job in big four after ACCA qualification? 

    Q: Which field is best after ACCA?

    Ans: After earning an ACCA, being a chartered financial analyst is one of the greatest degrees to pursue. A CFA is more focused on money than management. You will delve deeply into asset management, portfolio management, investing, and financial analysis.

    Q: After ACCA, is it hard to find a job?

    Ans: There is no need to fear if you are new to the workforce; you can find respectable entry-level positions that pay well. Having an ACCA course certification also makes it easier to climb the success ladder.

    Q: Which MNC hires ACCA?

    Ans: International banks that operate in India, including HSBC, Citi, Barclays, and Standard Chartered, hire ACCA specialists for positions in financial analysis and risk management.

    Q: Can ACCA work in the government sector?

    Ans: ACCA experts are hired by the government and public sector in addition to multinational corporations. Because of their high degree of expertise, ACCA professionals are in high demand across all industries.

    Q: Can I settle in the UK after ACCA in India?

    Ans: After you have completed the ACCA course in India and looking to move to the UK for better careeroptions, you need to fulfill certain criterias. You first need to obtain an immigrant visa as a prerequisite to live in the UK permanently. Read more on how to get a job in the UK after ACCA in India .  

    Q: Is the demand for ACCA declining?

    Ans: Global demand for the ACCA certification is expected to remain strong, especially in nations that use International Financial Reporting Standards (IFRS). Professionals with an understanding of global financial systems are becoming more and more important as organizations expand globally.

    Q: Is ACCA jobless in India?

    Ans: If you don’t just rely on your qualifications, there are hundreds of ACCA job opportunities available. This also applies to any other qualification. ACCA offers options such as a virtual career fair and a comprehensive careers portal.

    Q: What are the disadvantages of the ACCA qualification?

    Ans: Because ACCA is globally recognised, you will be up against a large number of applicants from around the globe. This may make finding an ACCA  job more challenging. 

    Q: Which institute is best for ACCA in India?

    Ans: Among a long list of ACCA institutes in India, Mirchawala’s Hub of Accoutancy has established itself as the leading name for online ACCA coaching. 

    Q: Can an average student pass ACCA?

    Ans: Yes, with the correct guidance, efficient study methods, and dedication, even the average student may pass the ACCA (Association of Chartered Certified Accountants) exam. Even though ACCA tests can be difficult, their purpose is to evaluate practical abilities and applicable knowledge. An average student can succeed in ACCA with regular practice, planning, and a laser-like focus. 

    Summing Up…

    Overall, the scope of ACCA in India is only growing with each day that goes by. These days, an increasing number of companies use ACCA as a tool to implement financial management and obtain international certifications. Because of the high caliber of the ACCA qualification, one can learn all the skills needed to work and thrive in various sectors, including banking, technology, consulting, and many other businesses. There are also plenty of opportunities for growth for those who want to obtain this esteemed certification can look forward to a future in India as an ACCA.

    We tried to cover as many questions as possible related to the ACCA scope in India. Hopefully, you have found this post helpful and interesting. Stay tuned for more such exciting content!  Contact us to know more! 

  • ACCA Knowledge Level

    ACCA Knowledge Level

    ACCA Knowledge Level Guide: Overview, Syllabus, Exam Structure and Tips 

    Pursuing ACCA course in India is roller-coaster ride, full of ups and downs. One side, learning and preparing for 13 exams make your frustrated while on the other hand, it provides you the opportunity for learning, exploring numerous career options with great earning potential. 

    ACCA Knowledge Level is the first step in the ACCA journey. This Level gives you valuable information that you may use in actual business situations. A solid foundation for your ACCA success is laid by conquering this level, regardless of whether you’re a new graduate or balancing employment and education. It acts as a springboard, getting you ready for more challenging stages of the certification process.

    ACCA Knowledge Level Subjects establishe the foundation for understanding business, financial management, and accounting concepts. In this article, we will go into great detail about the subjects, exam patterns with  valuable advice to help you ace your Knowledge Level exam and lay a solid basis for your accounting career.

    Overview of the ACCA Knowledge Level Subjects 

    The knowledge level consists of three foundational courses intended to foster a strong grasp of basic business, accounting, and financial concepts. These courses are essential because they prepare students to tackle more difficult subjects later on.

    • Business and Technology (BT): It covers the fundamentals of how organizations function. Organizational structures, management concepts, and how economic and technical issues affect business operations will all be covered. Understanding how internal and external influences affect strategy and decision-making requires BT. It gives you a better understanding of organizational dynamics, which improves your ability to contribute to strategic responsibilities.
    • Management Accounting (MA): The methods and resources needed for costing, budgeting, and analyzing financial data to make wise decisions are the main topics of this course. You will learn how to use different tools, such as cost classification, and how to apply them to actual business problems. These abilities are crucial because they enable you to evaluate and maximize financial performance, which is a crucial prerequisite for managerial positions aimed at increasing company productivity and profitability.
    • Finance Accounting (FA): The foundations of financial reporting are the main emphasis of this course, which also introduces important accounting concepts and teaches you how to create the balance sheet, income statement, and cash flow statement. Additionally, you will learn about accounting standard compliance.

    ACCA Knowledge Level Exam Structure 

    Exam Format: Computer-based exams (CBEs) are used for all ACCA exams. ACCA Knowledge-level exams are available for on-demand scheduling, so you can plan them according to your degree of preparedness. You can take exams at any time of year because of this flexibility. After the exam, the results are shown right away, and they are uploaded to your account 72 hours later.

    • Exam time: 2 hours for each paper.

    ACCA Applied Knowledge Exam Format: Each of the three papers consists of two sections, Section A and Section B, and is composed of multiple-choice questions (MCQs).

    BT

    • Section A: Objective Test (OT) consists of 46 questions with a total score of 76 points, costing one or two marks each.
    • Six multi-task questions (MTQs) in Section B are worth four marks each, for a total of twenty-four marks.

    MA

    • Section A: Objective Test (OT): 35 questions totaling 70 marks, with each question worth two marks.
    • Three multi-task questions (MTQs) in Section B are worth ten marks each, for a total of thirty marks.

    FA

    • Section A: Objective Test (OT): 35 questions totaling 70 marks, with each question worth two marks.
    • Multi-task questions (MTQs) in Section B: There are two questions of 15 marks each, for a total of 30 marks.

    Costs: Depending on the topic and location, fees differ. Set aside between ₹6,000 to ₹8,000 for each topic to register for the exam.

    How to Prepare for the ACCA Knowledge Level Exam

    Follow the tips below to ace your ACCA Knowledge Level exams:

    • Practice Exam Papers: Examiner’s reports and previous exam papers are available from ACCA. You will become accustomed to the format and kinds of questions on the exam by practicing these papers under exam conditions.
    • Mock Exams: To replicate the real exam experience, take lengthy mock exams. This will assist you in determining your level of preparedness and pinpointing areas in need of development.
    • Time management: Set time restrictions for each question on practice tests to make sure you can finish the paper in the allocated amount of time.
    • Review and Feedback: Ask a mentor or ACCA tutor for their thoughts on your practice tests. Determine the areas in which your responses and time management need improvement.

    Bottom Line 

    The ACCA Knowledge Level serves as the cornerstone of your path to becoming a chartered accountant. It gives you the fundamental information and abilities you’ll need to go to the next level. Don’t forget to understand the material, practice frequently, and study hard. 

    You’ll be ready to take on the more complex subjects in the ACCA syllabus and get closer to becoming a certified chartered accountant if you can grasp the foundations at the Knowledge Level. Take ACCA admission at Mirchawala to begin your journey under professional guidance and the best ACCA tutors in India. The Knowledge and Skills level modules of the ACCA certificate are closely related to this curriculum, guaranteeing that students obtain a comprehensive education in these important areas.

  • Best Cities for ACCA Course in India

    Best Cities for ACCA Course in India

    ACCA courses in India are becoming more and more preferred qualifications to ensure a thriving career. There are many good reasons for this, including the number of career options it offers and the growing demand for ACCA-qualified professionals worldwide.

    As India’s economy flourishes, the scope of ACCA is increasingly going high. Because of this, being an ACCA member is a wise move to advance your career. You only need to find the right place to pursue your ACCA career, and you will have all the facilities and expert tutors for your support. Mumbai, Delhi, and other cities have become ideal places for ACCA courses in India. In this blog, we will be talking about the best cities for ACCA courses in India. 

    Before we move, let’s quickly get a glimpse of ACCA. 

    The renowned international accounting organization, the Association of Chartered Certified Accountants (ACCA), grants the esteemed title of ACCA. The organization has more than 241,000 members and 542,000 students globally after more than a century of existence. The ACCA course provides a solid foundation in accounting, finance, and management, which is accepted in many nations. The ACCA course is regarded as being on par with the CA in India, and many prestigious foreign firms engage ACCA specialists at high salary packages.

    List of Best Cities for ACCA Certification 

    1. Mumbai

    To succeed in the ACCA exam, your institute and the location where you live play a significant role. Your professional future can be impacted by the city you choose for your ACCA course in India. Standing at the top, Mumbai provides all the resources an ACCA candidate needs to be successful, including a thriving financial ecosystem, top-notch ACCA training facilities, and a wide range of job options. Mumbai is the place to be if you want to lay a solid basis for a global career in accounting and finance.

    Mumbai is home to some of the top ACCA tutors. To ensure that students are adequately prepared for every level of the ACCA exam, these institutions provide a structured curriculum created to satisfy international standards. Students benefit from a combination of academic knowledge and real-world experience thanks to knowledgeable tutors who offer industry insights to the classroom.

    If you are sure to pursue your career in ACCA, check out this guide on the Best ACCA Institutes in Mumbai.

    1. Delhi

    The capital city, Delhi, offers a wide range of ACCA institutes to suit various demands, from comprehensive courses at a personalized pace to online preparation options for self-learners. Flexible morning and evening class schedules are offered to streamline the journey for working professionals and students. Recorded classes make it possible to review difficult subjects. Further, Delhi offers placement support for ACCA aspirants and makes it simpler to be hired by reputable businesses following ACCA. Given the business ecosystem, top finance, accounting, and analytical positions are available in industries like IT, automotive, and healthcare. Because big MNCs have offices in the city, there are more avenues for promotion to managerial roles. Overall, Delhi is the place to be if you want to succeed in your ACCA path and get ready for a lucrative international job.

    1. Chennai

    Chennai, known as India’s information center, draws top educators because of its focus on education. The breadth of knowledge imparted throughout ACCA training is enhanced by several public libraries and collaborations with international universities and organizations—things that go beyond textbooks. The key reason why Chennai is among the best cities for ACCA courses in India is that it provides the ideal balance of infrastructure, accessibility, cost, and content quality for effective ACCA exam preparation and subsequent placements. Your professional progress in the cutthroat accounting industry can be accelerated by taking advantage of the city’s supporting ecosystem and choosing an ACCA institute in Chennai wisely based on your priorities. Further, with the opportunity to network with peers and professionals in the city, ACCA candidates can create notable professional relationships.

    1. Gurgaon/Noida

    The Delhi NCR is well-known for offering varied educational and career opportunities. For the ACCA candidates, the cities offer the ideal balance of exposure, education, and opportunity. Because of its booming business sector, excellent educational opportunities, and active professional network, it is a place where dreams come true. The leading ACCA institutes in Delhi, NCR, have earned ACCA approval, which ensures that the materials and curriculum are up-to-date and reflect the most recent developments. The global level and top-notch study materials are provided to students, which is tough to find in Tier 2 Indian cities. Through rigorous test simulation provided by mock exams using previous ACCA papers, you may familiarize yourself with the format and question types of the actual exam. For people who choose to pursue an ACCA career in India, these two locations are regarded as excellent choices.

    1. Bangalore

    Another city name for the ACCA course in India is Bangalore. Popularly known as India’s IT capital and often referred to as the Silicon Valley of India, Bangalore has an abundance of IT and non-IT jobs. This does not mean that it has no opportunities in other fields. Bangalore is home to some of the top ACCA institutes and tutors. The leading institute goes all out to guarantee that students are prepared for every level of the ACCA exam, with a structured curriculum created to meet international standards. Students benefit from a combination of academic knowledge and real-world experience thanks to knowledgeable and expert ACCA tutors who offer industry insights to the classroom.

    These are some of the key factors; aspiring students from all over the nation and even abroad are drawn to Bangalore. Because of this diversity, students can exchange experiences, ideas, and tactics in a stimulating learning atmosphere. 

    1. Hyderabad

    No doubt, the city you choose to pursue a prestigious ACCA certification in India will have a major impact on how your learning journey unfolds. Hyderabad is considered among the best places for prospective ACCA professionals. It is also regarded as India’s emerging IT hub. The numerous internship and career options in Hyderabad are one of the key benefits of studying there. ACCA aspirants are eagerly sought after by numerous prestigious audit, taxation, and consulting businesses, who offer them positions in a variety of fields, including investment research, risk management, and financial planning. The extensive business network in the city assures that ACCA aspirants might find jobs that fit their professional objectives before they even finish their degree.

    Significant of ACCA Professionals in India’s Financial Landscape

    The experience and knowledge of ACCA professionals significantly impact the future of the financial industry in India. The financial landscape is evolving as a result of its efforts to advance financial innovation, improve corporate governance, assist business expansion, encourage entrepreneurship, advance sustainability, and improve financial education.

    The demand for ACCA professionals will further increase as India grows into a major international financial center. Their abilities, expertise, and moral dedication will be crucial in negotiating the opportunities and difficulties that lie ahead. The ACCA qualification in India provides a route for prospective finance professionals to have a significant influence in the nation’s vibrant and dynamic financial industry.

    Bottom Line

    Aspiring professionals can easily obtain top-notch certification thanks to the numerous ACCA institutes and exam centers located in India’s major cities. For individuals hoping to establish a prosperous career in finance, ACCA continues to be an alluring option due to its high-earning prospects in the USA. An institute like Mirchawala can make this journey even more streamlined with top-notch training, ACCA courses and commitment to ensure students’ success. 

    Frequently Asked Questions (FAQs)

    Q: Does ACCA have a future in India?

    Ans: In terms of the ACCA career scope, there are an increasing number of possibilities for ACCA jobs in India. In addition to accounting, an ACCA professional can serve as a management consultant or financial planner. In actuality, there will always be opportunities for an ACCA.

    Q: Which Indian city is ideal for ACCA? 

    Ans: Mumbai is home to some of the nation’s top ACCA training facilities and instructors. These educational institutes guarantee that students are adequately prepared for every level of the ACCA exam by providing a structured curriculum created to satisfy international standards.

    Q: Where is the best place to study ACCA in India?

    Ans: Apart from Mumbai, Delhi, Hyderabad, and Chennai are some of the best places to consider taking ACCA admission in India. 

    Q: Which institute is best for ACCA in India, Quora?

    Ans: There is a long list of ACCA institutes in India, but Mirchawala stands out with its excellent course structure, expert tutors, and support. 

    Q: Which company is best for ACCA in India?

    Ans: Some of the best companies for ACCA jobs in India include the Big Four: EY, KPMG, PwC, and Deloitte. These multinational audit and consulting firms offer career options in financial consulting, advisory services, and taxation.

     

    If you have still any doubts about the ACCA course or other qualifications, feel free to contact us. We will be happy to help you!