All CA applicants need to do to obtain the ACCA certification is to show up for this level exam. It helps to keep accounting and finance standards high. ACCA offers intriguing finance, auditing, accounting, and consulting opportunities abroad. It provides a route to positions of importance.
ACCA Courses Details
The full form of ACCA is the Association of Chartered Certified Accountants. It assists people in becoming Chartered Accountants for positions in taxation and auditing, which has 13 exams. It covers many accounting and finance subjects. Students learn useful knowledge and practical skills. The course includes both theory and practice. For careers in finance and accounting, it helps students in getting ready.
Eligibility Criteria for ACCA
After completing their 12th grade, students who enrolled in the ACCA course must sit for all the tests. They must pass five subjects, including math and English. Students may be able to avoid some exams if they hold an appropriate college degree. This facilitates their ability to finish the course more quickly. Both recent college and high school graduates are welcome at ACCA. It’s crucial to fulfil these prerequisites to begin the ACCA adventure.
Duration of the ACCA Course
Completing the ACCA course typically takes three to four years. How quickly pupils study and whether they receive any exam exemptions will determine how much time they need. Exams are offered twice a year, which allows students to organise their schedules better. Some students might complete the course more quickly than others, and vice versa. To finish the course on time, preparation and consistent study are essential.
Fees for ACCA in India
- Course Fees
The yearly subscription ACCA course fees in India are approximately INR 10,000. An ACCA course typically costs between INR 1,14,000 to INR 3,20,000 in total in India. The number of exams and additional study materials required may affect these expenses. An ACCA with a few years of experience makes a salary of Rs. 12 lacs a year. This pay increases over time as one gains experience.
- Registrations Fees:
ACCA course fees in India for registration is near about INR 8,000. Enrollment requires a one-time payment. You can begin studying for your exams as soon as you register. Make sure you pay the money on time to avoid delays in beginning your education. It’s necessary to plan your budget to cover this initial cost. The ACCA journey only gets started with this charge.
- Examination Fees
The ACCA course fees in India are three levels, each with a separate exam cost. You must pay Rs. 8,243 for each exam for the first level, known as the Knowledge Level. The cost per exam at the second level, Skill Level, is Rs. 14,030. The cost of each exam for the third level, Professional Level, is Rs. 7,794. Every time you wish to take an exam at these levels, you must register and pay the needed amount. It’s important to account for these charges in your budget when planning your ACCA course fees.
- Extra Costs to Take Into Account
Tuition and coaching sessions might also raise expenses. There can be additional costs associated with revision classes and mock tests. When planning for the ACCA course, it’s critical to account for these additional expenses. With these materials, students can improve their exam preparation and perform well. To obtain a thorough picture of the entire cost, don’t forget to account for all of these charges.
Advantages of Pursuing ACCA
Global recognition is accorded to the ACCA qualification. It provides fantastic employment opportunities in finance and accounting. Members of ACCA can access a sizable professional network. This network facilitates career advancement and employment prospects. Strong knowledge and skills are also provided by the qualification.
Conclusion
With its demanding curriculum and broad recognition, ACCA provides individuals with the knowledge and abilities required to succeed in various financial careers. Students receive a comprehensive education combining theory and practical application, with 13 examinations covering multiple disciplines. Furthermore, ACCA offers flexible exam scheduling, helping students balance their studies with other commitments.
Although earning an ACCA qualification comes with costs, including ACCA course fees in India, test fees, registration fees, and extra study materials, the investment can pay off in expanding career choices. The chance to become a member of a sizable professional network further improves employment opportunities and career advancement. Generally speaking, ACCA provides a pathway toward important positions in industries that include taxation, auditing, and consulting.
