The ACCA (Association of Chartered Certified Accountants) Qualification is lately gaining a lot of traction among students in India, with a lot of them opting for it alongside their graduation. Over the past few years, ACCA has been reputed globally as a sought-after qualification by students and employers alike due to exposure in finance, accounting, banking, consulting, business management, audit, and accounts. It is the world’s most forward-thinking professional accountancy body based in the UK with 110+ years of experience. Today, ACCA students and members are making a mark in the global world of finance as CEOs, CFOs and finance heads of organizations.
Let us see where would you stand after completion of the ACCA Qualification-
The ACCA course is a comprehensive professional course designed to develop vital knowledge (13 theory papers in 3 levels), practical skills (3 years’ work experience) and professional values (ethics module). The Compulsory papers at professional level viz Strategic Business Leader and Strategic Business Reporting aim to empower the students with new age global perspective in a digitized environment along with integrated thinking to prepare them for leadership roles.
Firstly, an ACCA is a Global Finance Professional equivalent to other professional degrees like CA. While the salary of a Chartered Accountant in India ranges from 3.5 to 20 lakhs per annum, the compensation for ACCAs also falls in a similar range. ACCA gives you the potential to earn a high salary ranging from 4-6 lakhs easily at an early age of 20 years. It can go higher, depending on your skill-set and experience.
Ample Job Opportunities (Recognised by Leading Employers in India and Abroad)
ACCA is actively connecting with businesses large and small, governments, educational establishments, and opinion formers. It has a dedicated job portal with 7300+ approved employers to help you find internships and job placements. Many MNC’s in India like JP Morgan, Microsoft, HSBC, etc. and also the BIG 4 (KPMG, E&Y, Deloitte, PWC) are looking for Qualified ACCA Professionals due to their global and practical skill-sets.
Varied Job Roles
With ACCA qualification, you will have thousands of vacancies to be filled in India and abroad. ACCA doesn’t restrict you to any particular sector, an affiliate is open to choose opportunities working across Financial Reporting (IFRS), M & A, Audit & Assurance, International Taxation, Business Analyst. Employers in finance, accounting, banking, consulting and management will recognize and respect your global ACCA Qualification and know you have the right skills needed for the job.
The ACCA course provides excellent career opportunities in India and abroad, to commerce students and professionals, creating strategic-thinking business managers globally. As ACCA has global recognition, it also has a massive scope overseas in countries such as the UK, Australia, Singapore, etc. ACCA enjoys recognition with the employers across industry globally with more than 208,000 fully qualified members and 503,000 students in 181 countries.
ACCA qualification is considered as the gold standard in accountancy and has been officially benchmarked to Master’s Level. This means ACCA members can benefit from academic credit, for further studies. Further on top of this, ACCA has a partnership with Oxford Brookes University (OBU) that gives you an option to receive a B.Sc degree in Applied Accounting after finishing the first 9 papers and the professional ethics module.
Quality and Reputation
ACCA qualifications reflect reputation for excellence, integrity, and accountability – a reputation you become associated with the moment you begin studying. ACCA advise and support members, governments, organizations, regulators, and employers, and encourage and deliver research that helps to inform and shape the future of accountancy and business.