What is the Cost Involved in Pursuing the ACCA Qualification?

Hello! Welcome back to our new blog. Let me start this blog by asking you a very simple question: How many of you dreamt of traveling overseas to pursue higher education? I am sure most of you envisioned studying at renowned universities abroad to gain global exposure and attract better job prospects. It is a common dream many of us have seen at some point in our lives, imagining ourselves in bustling international cities, fully immersed in diverse cultures while pursuing our academic goals. Well, thank goodness for the changed times and the new value that has been brought to higher education in India. Candidates can now pursue globally recognized qualifications like the ACCA (Association of Chartered Certified Accountants), without having to step out of the country. Sounds exciting right? Before you set off on this journey, there are a few aspects of the ACCA course in India that you need to be aware of, including financial investment. So, through this blog, we are going to provide you with all the details of ACCA course fees in India and take up any queries that you may have regarding your return on investment (ROI).  

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Let us first understand, what exactly the ACCA qualification is.

• The ACCA qualification is one of the world’s leading accountancy qualifications, equipping learners with the skills, knowledge, and values needed to not only build successful careers but also lead their organizations.
• Its global recognition and popularity allow all ACCA-certified professionals to land the best jobs in the ever-growing accounting domain from Hong Kong and Australia in the East to the UK in the West.
• The ACCA qualification also provides learners with a unique opportunity to develop new skills and acquire additional qualifications along the way including a BSc (Hons) degree in Applied Accounting from Oxford Brookes University and an MSc from the University of London.

Let us now understand the various costs associated with this qualification.

Being aware of the costs is important for informed decision-making and financial planning.

1) Registration Fee:

• There is a one-time registration fee of £30 that students must pay when registering with the ACCA. It comes to approximately INR 3209.
• ACCA students who fail to pay fees when due will have their names removed from the ACCA register and will be obliged to pay a re-registration fee of £30 plus any unpaid fees to be reinstated as a student.

2) Annual Subscription Fee:

• An annual subscription fee of £134 is payable to ACCA every year. This fee is charged to keep your student status active. It comes to approximately INR 14334.

3) Examination Fees:

• The ACCA course is broadly divided into three levels i.e. Applied Knowledge, Applied Skills, and Ethics & Professional Skills Module.
• The examination fee must be paid for each exam and vary depending on the level.
• The examination fee for Applied Skills exams is £143 for each paper. (Approximately INR 15297)
• Candidates also need to prepare for the Ethics and Professional Skills module by paying £79 (Approximately INR 8451). This module must be completed before starting the Strategic Professional exams.
• The fees for the essential modules are as follows-
  • The standard entry fee for the Strategic Business Leader examination is £252 (Approximately INR 26958).
  • The standard entry fee for the Strategic Business Reporting examination is £180 (Approximately INR 19256).
  • The standard entry fee for the optional modules (Advanced Financial Management, Advanced Performance Management, Advanced Taxation, and Advanced Audit and Assurance) is £180. (Approximately INR 19256).

4) Exemption Fees:

• Candidates who possess prior qualifications may be eligible for certain exemptions. This allows them to skip specific exams by paying the associated exemption fees reflecting the recognition of their previous academic achievements.
• Undergraduate candidates or those beginning at the Applied Knowledge level are not eligible for any exemptions.
  • The exemption fee for Applied Knowledge exams is £84. This fee is payable per exemption awarded.
  • Similarly, the exemption fee for Applied Skills exams is £111. This fee is payable per exemption awarded.

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  This was all about the investment needed to pursue the ACCA course in India, excluding the training fees. Please feel free to schedule a call with our course counsellors to understand the training fees and the benefits of enrolling with a Gold-Approved Learning Partner like EduPristine. While the initial investment is significant, the ROI is even more impressive. This means you could potentially recover your investment within the first year of entering the job market. Sounds great, right?

Level Postions:

Entry-level positions:

• Entry-level ACCA professionals can kickstart their careers with salaries ranging from Rs. 300,000 to Rs. 600,000 per year.

Mid-level positions:

• Mid-level ACCA professionals with a few years of working experience can expect salaries ranging from Rs. 600,000 to Rs 12,00,000 per year.

Senior-level positions:

• Senior ACCA professionals with rich experience and expertise can earn salaries ranging from Rs. 12,00,000 to Rs. 30,00,000 or more per year.

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  One very important thing to note is that with every reattempt of your examination, both the investment and the duration increase. Therefore, it is crucial to enroll with a Gold Approved Learning Partner to enhance your chances of clearing the exam preferably in the first attempt. By attending lectures regularly, practicing mock tests, and preparing thoroughly, you can significantly improve your likelihood of success.

Who are we and what do we do?

• Founded in 2008, EduPristine has been a leading training provider for over 15 years, specializing in accounting and finance certification programs.
• Since our inception, EduPristine has mentored and trained over 70,000 students, delivering more than 7 million hours of training exclusively within the Finance and Accounting domains.
• EduPristine is a Gold-Approved Learning Partner of ACCA along with an approved CBE (Computer Based Exam) center for the ACCA course. Learners are also provided with Kaplan content with original books and 24/7 LMS access (Learning Management System).

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  At EduPristine, we truly understand the significance of your journey, both in terms of passing your exam and setting the stage for a promising career ahead. As you embark on this path, please know that our focus is firmly fixed on guiding you through every step from registration to placement assistance. Your first significant milestone is passing the exam, and we are here to ensure that you not only succeed but excel. Our resources, expert guidance from industry expert faculty members, mentorship assistance, and comprehensive study materials are all offered to equip you with the knowledge and confidence needed to pass your exams. We also firmly believe that the accomplishment of passing the exam is not just a milestone but a steppingstone towards unlocking countless career opportunities. We will remain eager to stand by your side, assisting you in navigating the path towards your ideal career. Our delivery revolves around two pivotal parameters that shape your learning experience Delivering exceptional content from across the globe and providing you with the guidance of industry experts.

Industry Expert Guidance:

1) Quality of Content:

The quality of content is the backbone of your learning journey and to ensure that you receive nothing but the best, we have partnered with Kaplan, a renowned UK-based content provider. Kaplan stands as a hallmark of excellence in delivering content for the ACCA course, earning top ratings and unparalleled popularity. An incredible 8 out of 10 ACCA exam achievers credit their success to the Kaplan content.

2) World-Class Faculty:

Our commitment to your success extends beyond just content. Our expert faculty members bring a unique blend of academic expertise and real-world experience, with an average of 15 years of post-qualification corporate exposure. This ensures that you not only pass your exams but also develop a comprehensive understanding and practical application of the concepts. Our support doesn’t stop at content and faculty; we go the extra mile to meet your individual needs-

Personalized Learning:

• We understand that every student is unique. That’s why we offer remedial classes and one-on-one mentorship sessions tailored to your requirements, ensuring that you grasp the concepts at your own pace.

Focused Exam Success:

• Our ultimate aim is to see you succeed in your exams. With an unwavering commitment, we provide comprehensive assistance to help you pass your exams with flying colours.

Career Ready:

• Beyond exams, we are also invested in your long-term success. Once you have achieved your academic goals, we work with you to update your resume and equip you with essential soft skills. These skills not only shine in interviews but also contribute to your success in your chosen field.

So, choose sensibly. Don’t go for the cheapest options available or false promises or self-created, poor-quality outdated content.

Read what our students and Faculty have to say about us – not only for the ACCA course but across programs.

After all, what better than to take feedback from existing students on their experience? They have gone through the journey that you are going to embark on, and they have no reason to tell you anything but the truth. If you need any further ACCA course details, please visit our website or get in touch with our expert course counsellors who would be more than happy to assist you. We would also love to see you in person at our well-located centres in Mumbai and Delhi. Come, visit us, and see our premises firsthand. Hope to greet you soon. All the best, and happy learning!