ACCA Course Fees in India

The ACCA course fee in India varies depending on registration, tuition, and exam costs, making it essential to plan your finances carefully before enrolling. In India, if you want to become a Chartered Qualified Accounting Professional (ACCA), it can be a life-changing step in your finance and accounting career. ACCA course opens up many job opportunities within the country as well as internationally. However, among other things that one should know when considering this program is the ACCA course fee structure in India. This blog post discusses complex details about the ACCA course fee structure in India; it breaks down costs and provides tips for making decisions on educational paths, but before we get there, let’s see what exactly the breakdown of ACCA fee is.

What is the cost of doing ACCA in India?

The cost of doing ACCA in India is crucial to understand before setting up the journey and planning your finances accordingly. ACCA certification (Association of Certified Chartered Accountants) equips students with skills in account handling, management accounting, taxation, auditing, and so on, whereas CIMA certification (Chartered Institute of Management Accountants) provides adequate training and a degree in management accounting and other related subjects.

Curious about the salary of ACCA in India? Check out this insightful video:

 

Breakdown of ACCA Fee Structure:

Before laying out the breakdown of how much the ACCA course fee is, some things need to be noted. The cost of each component within the ACCA fee structure varies based on the currency of that region as well as the qualification level for which you are enrolling in the ACCA course.

Registration Fees:

The registration fee is the first step in the enrollment process for the ACCA course. It is a mandatory payment that candidates need to make, which covers the cost of processing your application and officially registering you as a student of the ACCA program. 

Below is the detailed registration fee structure:

Course	Registration Fee
Plus two	9,000 INR
B.Com (4 papers)	4,000 INR
B.Com (5 papers)	4,000 INR
B.Com (conditional exemption)	2,100 INR
B.Com (6 papers)	4,000 INR
Other Degrees	9,000 INR
CA Inter	4,000 INR
CA Final	4,000 INR

 

Annual Subscription Fees:

The second step and component in the ACCA fee structure is the annual subscription. It needs to be paid yearly to maintain your student status and eligibility for the examination, as well as access to important resources such as online support services, participation in various student events, and study materials.

Estimated annual subscription fees in India vary from 7,100 INR to 14,200 INR, depending on your enrollment.

Course	Annual Subscription Fees
Plus two	14,200 INR
B.Com (4 papers)	7,100 INR on First Year
B.Com (5 papers)	7,100 INR on First Year
B.Com (conditional exemption)	NIL for First-Year
B.Com (6 papers)	7,100 INR on First Year
Other Degrees	14,200 INR
CA Inter	50% Discount on First Year Subscription
CA Final	50% Discount on First Year Subscription

Examination Fees

The examination fee includes a substantial portion of the total ACCA course cost. It carries a total of 13 papers that are distributed at three distinct levels:

The Knowledge Level:

It consists of three papers. The total estimated cost of knowledge-level examination fees in India is somewhere around 11,000 INR.

The Skill Level:

It consists of 6 papers. The total estimated cost of skill-level examination fees in India is around 29000 INR :

• F4 - Corporate Business Law (LW)
• F5 - Performance Management (PM)
• F6 - Taxation (TX)
• F7 - Financial Reporting (FR)
• F8 - Audit and Assurance (AA)
• F9 - Financial Management (FM)

The examination fees for these papers are:

• F4 - 14750 INR 
• F5 to F9 - 14,250 INR Per paper

The Professional Level:

It consists of six papers, of which a candidate has to appear in four. The total estimated cost of a professional-level examination fee in India is around 17,940 INR per paper except for SBL.
Whereas the papers include the:

• P1 and P3 - Strategic Business Leader (SBL): 
• P2 - Strategic Business Reporting (SBR): 
• P4 - Advanced Financial Management (AFM): 
• P5 - Advanced Performance Management (APM):
• P6 - Advanced Taxation (ATX): 
• P7 - Advanced Audit and Assurance (AAA): 

The examination fees for these papers are:

• Professional level except for SBL - 17,940 INR per paper
• SBL - 25,100 INR

Furthermore, the fee has to be paid each time candidates attempt an examination. Also, it must be noted that if candidates have completed their 10+2 qualification or are undergoing graduation, then they are not eligible for exemptions and thus have to give all 13 papers. However, if they have already graduated with a relevant degree, then they are eligible for exemptions in some papers and do not have to give all 13 papers, which will consequently reduce the total cost of the examination fee.

Examination Retaking Fees

For some reason, if candidates are unable to clear an ACCA exam or sit for the one they had already paid to appear in, then resitting fees are applied when they again decide to take that examination.

Additional Expenses of ACCA

Now that the main components of the ACCA examination fee structure have been covered, this hopefully must have created a sequence of clarity. Some additional charges must be taken into consideration as well.

Tuition Fees

Although ACCA can be qualified completely on self-study options, numerous candidates also acquire the benefits of tuition classes provided by authorized learning institutions. These classes involve additional costs, the fees of which differ according to the provider and the level of course. Also, if candidates are opting for physical tuition classes, then the cost of travel and accommodation, if needed, must be incurred in this category.

Estimated tuition fees in India: ₹15,000–₹80,000 (however, it varies based on provider and location).

Study Material Fees

In addition to the tuition fees, candidates must consider the funds they might have to invest in study materials like textbooks, revision kits, and online sources for better comprehensiveness of their overall preparation.

Estimated study material costs in India:

• Textbooks: 15000 – 25,000 INR
• Revision kits: 5,000 – 15,000 INR
• Online Resources: 2500 – 15,000 INR

Membership Fees

The acquisition of ACCA membership is only applicable after candidates have qualified for the examinations and have gained the necessary work experience to explore the benefits associated with this membership in the accounting and finance industry. The fees for becoming an ACCA member comprise initial admission fees and yearly fees to retain the membership. However, the ACCA membership is not mandatory in itself. 

Below is the detailed membership fee structure:

Description	Fee (INR)
Initial registration fee	₹7,900 - ₹8,400
Annual subscription fee	₹7,900 - ₹8,400
Reinstatement fee (if applicable)	₹6,300
Exemption fee per paper	₹2,500 - ₹5,000
Exam entry fee (per paper)	₹4,500 - ₹7,500
Exam exemption fee (per paper)	₹2,000 - ₹5,000

What are the factors influencing the cost of the ACCA Fee structure?

A clear estimate is not provided with the specific structure of the ACCA qualification fee structure since there are several profound elements to be considered when an exact estimation is attached to certain components, and these are:

Registration Country

ACCA registration fee, and, from here on, each unit of the fee structure solely depends on the country from which a candidate is applying. This variation relies on the value of currency and local market conditions that contribute to the economy. Therefore, it is recommended to check the official website of the ACCA. 

Discounts for Early Exam Entry

ACCA also offers discounts for early exam entry, which means that the more you are in registering for the examination, the more you can benefit from this discount, which ACCA provides to motivate students to plan and register for exams in advance while also creating an opportunity to save on their overall enrollment expenses.

Late Fee charges

ACCA imposes extra charges if you fail to meet the deadline for the registration process. Consequently, these penalties lead to an increase in examination fees, raising the overall cost of enrollment. 

Read More:

• What is ACCA?
• What is the salary for ACCA?
• What is CMA course?
• What is CIMA?

Frequently Asked Questions (FAQs)

What is the ACCA qualification, and what opportunities does it provide?

The ACCA (Organization of Chartered Certified Accountants) is a worldwide recognized accounting certification that offers countless professional opportunities in accounting and finance.

What are the financial commitments needed for the ACCA examination?

Financial commitments for the ACCA examination consist of enrollment charges, yearly subscription fees, and examination fees for each level, which differ based on the prospect's place as well as qualification level.

How much are the registration and annual subscription fees for ACCA in India?

In India, the approximated registration fees vary from 2,100 INR for B.Com. graduates to 9,000 INR for Plus 2 and others. Yearly subscription fees differ from 7,100 INR to 14,200 INR depending on enrollment.

Are there any extra expenditures to consider for the ACCA examination?

Yes, candidates should consider additional expenses such as tuition fees if they opt for guided study and retaking fees if they need to retake an examination.