5 Best Career Options After ACCA in India: Scope, Jobs, Salary & More

Have you ever had thoughts about whether your learning will lead you towards a decent job with a high pay scale or not??If yes, then let us cross you with this familiarity that India is a developing country and we believe that with a more substantial base in every skill set, you will undoubtedly make a beautifully smooth transition towards your goal. Regardless of the subject you are studying, the place you have decided to work, the salary range you have to hit by the date you promised yourself. Everything that matters is your enthusiasm to touch the goal line as soon as possible.

ACCA is a UK-based certification course hitting the commerce brains these days. But fear from the several segments forces the students to step back from their goals. When you decide to study something new the initial thought that crosses your mind is how it will benefit your future and what you can gain from it. Similarly, it happens with the graduates from India finally deciding to opt for ACCA. Everyone tends to ask this question to the seniors – “What are the Job Prospects and Salary for an ACCA Certified Professional in India? ”

However, the answer to this question lies in your level of education and skills. If you are a well-qualified individual and looking for jobs after ACCA, you have multiple options available for you in India. Settling in India post your qualification or thinking of moving abroad – the toss of the coin is on you. Moreover, thinking about the ACCA jobs in India, as mentioned earlier, India is a developing country. We get to run through multiple changes regularly and you now have to accept that we have a vast opening for the ACCA qualified.

Here let us list down the 3 Why’s to ACCA been the next big thing in India, and the Scope of ACCA in India:

1. Growth – With the growing stage in the accounting and finance sector, employers in India are now eagerly hiring ACCA-qualified candidates. The worldwide known ‘Big 4’ companies and the MNCs are highly attracted towards the ACCA qualified professionals in India. The expanding branches of these companies are a green flag for those pursuing ACCA.
2. Outsourcing – India’s financial KPOs are booming and are the outsourcing hub for the finance & accounting division. Hence the ACCA in India is warmly welcomed to be a part of this business area.
3. Edge – Besides, ACCA tends to cover IFRS extensively in its comprehensive syllabus. This consequently gives a sharp edge to the ACCA members in India.

Watch out for the 5 Best Career Options After ACCA in India:

1. Accounting & Reporting

• Maintaining the financial records has been the ideal responsibility for ACCA professionals. Since the Big 4s, KPOs, and MNCs follow global accounting standards. The ACCAs are bound to get hired for these roles to get a smoother outcome.
• Students who have done finalization of accounting of entities like partnership firms, private limited companies, and sole traders are eligible for these jobs.
• Students with 1 to 3 years of experience in an Audit firm/ Industry with international exposure are the right match for these career opportunities.

2. Financial Accounting

Financial accounting is the accounting field related to the analysis and reporting of financial transactions for a business.

• Candidates with a basic understanding of Indian GAAP / IND AS, Accounting and Assurance concepts
• Candidate must have the ability to research client inquiries and emerging issues, including regulations, industry practices and new technologies
• ACCA with 0 – 3 years of relevant work experience.
• Candidates must apply independent & objective professional judgment in using accounting standards to meet the criteria of this course.
• He should demonstrate a clear understanding of accounting concepts; stay informed of professional standards and firm policies.

3. Business Valuation

Considering the latest economic interest in the business world, mergers & acquisition being a part of this era, an ACCA is a perfect fit to fill the gap.

4. Tax Consulting

Since ACCA is a worldwide study of accounts and taxation, a foreign job opportunity is a sure shot at knocking your resume if you are well-qualified.

5. Treasury or Cash Management

The funds neither stay idle to ensure that the cash flow is smooth simultaneously; the ACCA enrolls here for a significant role.

Salaries of an ACCA in India?

Companies like Ernst and Young, Deloitte, TATA, KPMG, PricewaterhouseCoopers, and several more tend to pay an equivalent salary to an ACCA as that of a CA. However, talking about the actual figure again totally depends on the skills you own, the company you work for, and of course your job role too.

Companies hiring ACCA in India?

Companies like, Ernst and Young, Deloitte, TATA, KPMG, PricewaterhouseCoopers, and several more tend to pay an equivalent salary to an ACCA as that of a CA. However, talking about the actual figure again totally depends on the skills you own, the company you work for, and of course your job role too.

ACCA Course Coaching, Passing Rate & Placements?

If you expect to get the finest lessons of your ACCA journey with excellent teachers that not just limit up to completing your syllabus on time but also figures out your revision for your exams, Zell Education can be a perfect rescue for the graduates out there on the hunt for the best coaching classes for ACCA.