There are two main methods to get admission into the ACCA Course in India:
Merit-based: You will be eligible for direct entry into the ACCA Professional level if you have a recognized Bachelor's degree in Accounting, Finance, or a related field.
Entrance Exam Based: If you do not have a recognized Bachelor's degree, you will need to appear for the ACCA Foundation Level exam. This is an entry-level exam that assesses your basic knowledge of accounting and business.
Interview: In some cases, you may also be invited for an interview which will be an opportunity for you to discuss your motivations for pursuing the ACCA qualification and your career aspirations.
Below mentioned are the highlights related to ACCA Admission process:
Particulars | Details |
---|---|
Eligibility | 10+2 with minimum aggregate of 65% in Maths/ Accounts and English, and 50% minimum average score in other subjects |
Exemptions | Students with relevant qualifications (Bachelor’s degree, Master’s degree, or any professional qualifications) may be eligible for exemptions from some of the ACCA exams. |
Study Options | Students can choose to study the ACCA course full-time, part-time, or by distance learning. |
Exam Schedule | ACCA exams are held four times a year in March, June, September, and December. |
Course Fees | The cost of the ACCA course varies depending on the study option chosen, it ranges from Rs. 80,000 to Rs. 1,00,000 |
Duration | The ACCA course can be completed in 2-3 years, depending on the student's study pace. |
Recognition | The ACCA qualification is recognized by employers worldwide. |
Career Prospects | ACCA qualified accountants are in high demand across a wide range of industries. |
Average Salary | ACCA qualified accountants typically earn a higher salary than non-ACCA qualified accountants. The starting salary ranges from Rs. 7,00,000 - Rs. 12,00,000 in India. |
Professional Body | ACCA is a member of the International Federation of Accountants (IFAC). |
The eligibility criteria for ACCA vary depending on your academic background. Here is a summary of the eligibility criteria for different groups of applicants:
You must have passed your 12th standard exams from a recognized board with a minimum of 65% aggregate in Mathematics/Accounts and English, and 50% in other subjects.
In any field, you must hold a bachelor's degree from an accredited university.
You may be eligible for exemptions from some of the ACCA exams if you have certain professional qualifications, such as the Chartered Accountant (CA) or the Certified Public Accountant (CPA).
If you have international qualifications, you will need to have them assessed by ACCA to see if they meet the eligibility criteria.
You must be at least 18 years old to register for the ACCA Qualification.
You need to speak and write English fluently. If English is not your first language, you may need to take an English language test, such as the IELTS or the TOEFL and score above 6 bands in the IELTS exam.
The total cost of pursuing the ACCA course in India can vary depending on several factors, including the specific study options, materials, and coaching institute you choose. However, as a general estimate, the ACCA course fees in India typically range between Rs. 20,000 to Rs. 2,50,000.
Here's a breakdown of the approximate costs involved in pursuing the ACCA course in India:
Registration and Subscription Fees:
Initial Registration Fee: Rs. 8,900 (one-time fee)
Annual Subscription Fee: Rs. 18,200 (payable annually)
Exam Fees:
Skill Level Exams: Rs. 13,500 per exam
Professional Level Exams: Rs. 18,000 per exam
Study Materials:
Textbooks and Study Guides: Rs. 3,000 to Rs. 5,000 per subject
Past Papers and Practice Tests: Rs. 1,000 to Rs. 2,000 per subject
Coaching Institute Fees:
Classroom Coaching: Rs. 50,000 to Rs. 1,50,000 (full course)
Online Coaching: Rs. 30,000 to Rs. 1,00,000 (full course)
Note: It's important to note that these are just estimates, and the actual costs may vary depending on your individual circumstances. Additionally, some ACCA tuition providers may offer discounts or packages that can reduce the overall cost of the course. Please check the official website for complete and precise information.
The ACCA Qualification offers four specialisation options at the Professional level:
1. Advanced Financial Management (AFM): This option is designed for those who want to develop their expertise in financial management, including financial planning, analysis, and decision-making. It covers topics such as investment appraisal, working capital management, and corporate finance.
2. Advanced Performance Management (APM): This option is designed for those who want to develop their expertise in performance management, including budgeting, forecasting, and reporting. It covers topics such as cost management, strategic performance management, and risk management.
3. Advanced Taxation (ATX): This option is designed for those who want to develop their expertise in taxation, including corporate tax, international tax, and personal tax. It covers topics such as tax planning, tax compliance, and tax dispute resolution.
4. Advanced Audit and Assurance (AAA): This option is designed for those who want to develop their expertise in audit and assurance, including auditing standards, audit methodology, and audit reporting. It covers topics such as financial reporting risks, internal control, and fraud detection.
The ACCA Qualification consists of 13 exams, which are divided into three levels:
The Knowledge level exams are designed to assess your understanding of the fundamental principles of accounting and business. There are three Knowledge level exams:
The Skills level exams are designed to assess your ability to apply your knowledge to practical situations. There are six Skills level exams:
The Professional level exams are designed to assess your ability to apply your knowledge and skills in a professional environment. There are four Professional level exams:
You can choose to take the exams in any order, but it is recommended that you start with the Knowledge level exams and then progress to the Skills and Professional level exams.
Most ACCA students take the exams over a period of two to four years. However, it is possible to complete the Qualification in as little as one year if you are a full-time student and are able to study for a significant amount of time each week.
The ACCA exams are offered in two sessions each year:
March
June
September
December
The pass rates for the ACCA exams vary from exam to exam, but they are typically around 50%.
To pass an ACCA exam, you need to achieve a minimum mark of 50%. You can retake an exam as many times as you need to until you pass it.
The ACCA exams are computer-based exams (CBEs), which means that you will take them on a computer at an ACCA-approved test centre.
You can find more information about the ACCA exams on the ACCA website.
Here’s the ACCA exam schedule 2024:
The ACCA exams are offered in two sessions each year:
March: March 4-8, 2024
June: June 3-7, 2024
September: September 2-6, 2024
December: December 2-6, 2024
You can take up to four exams in each session.
The deadlines for registering for the ACCA exams are as follows:
March session: January 12, 2024
June session: April 12, 2024
September session: July 12, 2024
December session: October 12, 2024
You can register for the ACCA exams online or through an ACCA-approved tuition provider.
The ACCA Exam Syllabus is divided into three levels: Knowledge, Skills, and Professional. Each level has its own set of exams and assessment criteria.
The Knowledge level exams assess your understanding of the fundamental principles of accounting and business. There are three Knowledge level exams:
Business and Technology (BT): This exam covers the basic concepts of business and technology, including the role of technology in business, e-commerce, and data management.
Management Accounting (MA): This exam covers the principles of management accounting, including cost accounting, budgeting, and variance analysis.
Financial Accounting (FA): This exam covers the principles of financial accounting, including the preparation of financial statements, the accounting equation, and double-entry bookkeeping.
The Skills level exams assess your ability to apply your knowledge to practical situations. There are six Skills level exams:
Corporate and Business Law (LW): This exam covers the legal framework of business, including contract law, corporate law, and intellectual property law.
Taxation (TX): This exam covers the principles of taxation, including income tax, corporation tax, and value-added tax (VAT).
Financial Reporting (FR): This exam covers the preparation of financial statements, including the application of accounting standards, financial analysis, and corporate reporting.
Performance Management (PM): This exam covers the principles of performance management, including budgeting, forecasting, and reporting.
Financial Management (FM): This exam covers the principles of financial management, including financial planning, analysis, and decision-making.
Business and Technology (BT): This exam covers the application of technology in business, including e-commerce, digital marketing, and data analytics.
The Professional level exams assess your ability to apply your knowledge and skills in a professional environment. There are four Professional level exams:
Advanced Financial Management (AFM): This exam covers the advanced concepts of financial management, including financial planning, analysis, and decision-making.
Advanced Performance Management (APM): This exam covers the advanced concepts of performance management, including strategic performance management, risk management, and change management.
Advanced Taxation (ATX): This exam covers the complex areas of taxation, including international tax, tax planning, and tax dispute resolution.
Advanced Audit and Assurance (AAA): This exam covers the advanced concepts of audit and assurance, including audit standards, audit methodology, and fraud detection.
The ACCA Exam Syllabus is regularly reviewed and updated to ensure that it remains relevant to the needs of the accounting and finance profession. You can find the latest version of the syllabus on the ACCA website.
Here are some cardinal preparation tips for the ACCA exams:
Knowledge Level
Skills Level
Professional Level
Keep in mind that the key to success is to start early, study hard, and make the most of the resources available to you.
The selection process for each level of the ACCA Course is designed to ensure that students have the necessary knowledge and skills to succeed at each level.
To be eligible to sit for the Knowledge level exams, you must have:
A minimum of 65% aggregate in Maths/Accounts and English, and 50% in other subjects at 10+2 level or equivalent
Or, a Bachelor's degree from a recognized university in any discipline
Or, a professional qualification such as CA, CMA, CPA, or equivalent
There are no exemptions for the Knowledge level exams.
To be eligible to sit for the Skills level exams, you must have:
Passed all three Knowledge level exams
Or, have an exemption from one or more of the Knowledge level exams
There are a number of exemptions available for the Skills level exams. You can find out more about exemptions on the ACCA website.
To be eligible to sit for the Professional level exams, you must have:
Passed all six Skills level exams
Or, have an exemption from one or more of the Skills level exams
There are a number of exemptions available for the Professional level exams. You can find out more about exemptions on the ACCA website.
In addition to the academic requirements, all ACCA members must also complete a minimum of 36 months' relevant work experience. This experience can be gained in a variety of roles, including accounting, auditing, taxation, and financial management.
The ACCA Practical Experience Requirement (PER) is designed to ensure that all ACCA members have the necessary practical skills and experience to work in the accounting and finance profession.
All ACCA members must also complete the ACCA Ethics and Professional Skills Module (EPSM). This module is designed to develop the ethical and professional skills that are essential for ACCA members.
The EPSM is a mandatory module for all ACCA members, regardless of their level of qualification.
Here's a step-by-step guide on how to apply for an ACCA Course in India:
Ensure you have the necessary qualifications to pursue the ACCA Course. For Indian applicants, you must have passed your 12th standard exams with a minimum of 65% aggregate in Maths/Accounts and English, and 50% in other subjects.
Visit the official ACCA website (accaglobal.com) and click on "Create an account." Provide your personal details, including your name, email address, and password, to set up your ACCA account.
Once you've logged into your ACCA account, navigate to the "Apply Now" section. Select the "Apply for the ACCA Qualification" option and proceed to fill out the online application form.
Enter your personal information, including your name, date of birth, nationality, and contact details. Upload a clear scanned copy of your passport or government-issued ID.
List your academic qualifications, including your 12th standard results, graduation details (if applicable), and any professional qualifications you may possess. Upload scanned copies of relevant certificates.
If English is not your first language, you'll need to provide proof of English language proficiency. Upload scanned copies of your IELTS or TOEFL scores.
Choose your preferred payment method and settle the application fee. The application fee for Indian applicants is Rs. 13,500.
Review your application thoroughly and ensure all information is accurate and complete. Check the declaration box and submit the application form.
ACCA will review your application and verify your eligibility. You'll receive an email notification once your application is processed and approved.
Upon approval, you'll be guided on how to access your ACCA resources, including study materials, online learning platforms, and ACCA student support services.
Remember to keep your application documents and payment receipts handy for future reference.
The documents required for ACCA course admission vary depending on your academic background and level of application. However, some basic documents are generally required for all applicants. Here's a comprehensive list of documents you may need to provide:
It's recommended to check the ACCA website for the most up-to-date and detailed information on the required documents for admission.
Yes, you can do an ACCA course through distance mode. There are a number of ACCA-approved tuition providers that offer distance learning courses. These courses are designed to be flexible and fit around your busy schedule. You will typically have access to online learning materials, such as textbooks, videos, and practice papers. You will also have the opportunity to communicate with your tutors and fellow students online.
No, there are no age restrictions for ACCA course admission. You can register for the ACCA exams at any age, provided that you meet the minimum eligibility criteria. This means that you can start the ACCA course at any time in your life, regardless of your age or career stage.
Yes, the ACCA course is tough and demanding. It requires a strong understanding of accounting principles, financial analysis, and business acumen. However, it is also a rewarding course that can open up a world of career opportunities in accounting and finance. With hard work and dedication, you can successfully complete the ACCA course and achieve your career goals.
The Association of Chartered Certified Accountants (ACCA) qualification is a professionally recognised worldwide credential in accounting that gives people the abilities and information needed for a lucrative career in finance and accounting. It offers a wide range of professional prospects, including accounting, auditing, taxation, and financial management, and is highly respected by employers worldwide.
The minimum percentage of marks required for ACCA admission varies depending on the applicant's educational background. For students with a 12th standard pass, the minimum requirement is 65% aggregate marks in Maths/ Accounts and English, and 50% in other subjects. For those with a Bachelor's degree from a recognized university, any discipline is acceptable. Additionally, professional qualifications like CA, CMA, or CPA can also serve as valid credentials.
Yes, you can do ACCA without any entrance exam if you have passed 12th standard with a minimum of 65% aggregate marks in Maths/ Accounts and English, and 50% in other subjects. This is because the ACCA course is designed to be accessible to students from all over the world, and it does not require any specific qualifications other than a good understanding of basic accounting and mathematics.
The highest reported salary offered to ACCA graduates in India is Rs. 50,00,000 per year. This is for roles such as director internal audit, vice president, and general manager. The top 10% of ACCA graduates in India earn more than Rs. 45,40,000 per year.
Yes, the ACCA course is a globally recognized accounting qualification that offers a number of benefits to those who pursue it. It can open up a world of career opportunities in accounting and finance, as ACCA members are highly respected by employers around the world.
Additionally, ACCA members typically command higher salaries than non-members. The course is also challenging and rewarding, and it can help you to develop the skills and knowledge you need to be successful in the accounting profession.
Yes, you can get admission in ACCA course after 12th. The minimum qualification required for ACCA course is 12th pass with a minimum of 65% aggregate marks in Maths/Accounts and English, and 50% in other subjects. If you have passed 12th standard with the required percentage, you can directly apply for the ACCA course. There is no need to give any additional entrance exams.
The total time offered to complete the ACCA Course varies depending on your study pace, dedication, and prior qualifications. However, as a general guideline, you can expect to complete the entire ACCA Qualification in 2 to 4 years.