Are you worried about the relevance of your Indian ACCA professional qualification in European countries, preferably the UK? Like you, several individuals are always in disarray about their future in the UK with their ACCA qualifications.
While it is not smooth sailing, Indian ACCA works in the UK. It will require visa formalities, but Indian ACCA-qualified individuals can secure a well-paying and respectable job in the UK.
Two Requirements for Indian ACCA to Work in the UK
There are two prerequisites for Indian ACCA to work in the UK.
1. ACCA from a Recognised Institute
As long as the ACCA is done from a valid and recognized institute, the qualification will work in the UK.
2. Visa
Working on a tourist visa is illegal in every country, not just in the UK.
Individuals will have to qualify for a Skilled Worker visa. Its requirements are as follows:
- Sponsorship certification from a licensed sponsor
- Record of the correlation of your work with your employer’s organisation.
How can Indian ACCA Work in the UK?
Apart from being an accountant, Indian ACCA qualification can get you jobs like:
1. Management Consultant
Management consulting is considered to be a prestigious profession in the UK. Its high demand can get you a stable and thriving job in leading organisations with a lucrative salary.
2. Financial Advisor
Research shows that the industry revenue has increased at the rate of 3.4% from 2017 to 2022 due to the exponential growth of financial advisors in the UK. You can benefit from this demand curve and secure a well-paying job in the UK.
3. Fund Accountant
It will be easier to land a fund accountant position in a UK organisation if you have proficiency in handling institutional or mutual funds.
4. Corporate Treasurer
Being a corporate treasurer will help you work for large organisations in varying fields like manufacturing, telecommunications, retail, etc.
5. Financial Analyst
Despite Brexit, the demand for financial analysts has remained steady. ACCA qualification can help you secure a job as a financial analyst in all kinds of organisations.
Salary of ACCA in the UK
The average salary for an ACCA personnel ranges from £19,300 to £25,800 per annum. You can also secure a job paying up to £30,700 a year as per your skills and additional qualifications.
Along with that, the salary can differ as per your chosen field.
For example, the average annual salary of a Taxation officer can be £25,000 to £40,000. Financial consultants might get paid £45,000 to £50,000. The same might be £23,000 to £35,000 for auditors.
Conclusion
Getting a job in the UK after finishing ACCA might seem challenging, but planning ahead can make the process more manageable. Consider all the possible options and adhere to the visa formalities, and you shall acquire a prosperous job in the UK with your Indian ACCA.