CIMA Vs ACCA: Deciding Your Accounting and Finance Career

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Frequently Asked Questions

Why is ACCA's salary so low?

The diversity in ACCA salaries in India is influenced by multiple factors. Among these are the organization's size and reputation, the geographic location, and the economic climate within the industry, all playing pivotal roles in shaping the earning potential of ACCA professionals.

Who earns more ACCA or MBA?

An entry-level ACCA professional typically commands an annual salary ranging from 8 to 15 lakhs, which has the potential to increase with accumulated experience. In comparison, a fresh MBA graduate can expect to earn an average of 4 to 10 lakhs annually. ACCA offers flexibility for both undergraduate students and finance professionals already in the workforce.

Can I settle in the UK after ACCA?

For individuals aspiring to reside and work in the United Kingdom, it is important to acquaint yourself with relevant resources that can enhance your prospects. However, it's important to note that due to local laws and regulations, ACCA is unable to facilitate student visas or work permits.

Is CIMA qualified as a chartered accountant?

Upon obtaining the CIMA's, CGMA Professional Qualification, you will attain the status of a Chartered Global Management Accountant and gain the privilege of using the CGMA designation after your name.

Is CIMA higher than ACCA?

ACCA has a pass rate of 30% to 40%, while CIMA's pass rate ranges from 50% to 60%. Analyzing these pass rates suggests that ACCA is marginally more challenging than CIMA. However, both qualifications possess unique characteristics and demand diligence, discipline, and dedication to succeed.
Shakthivel Krishnaraj

Shakthivel Krishnaraj

Content Marketing Specialist

Shakthivel Krishnaraj brings his expertise to the role of Content Marketing Specialist at GetGIS with a professional background rooted in journalism and writing,  He is dedicated to aiding individuals in making successful career transitions, drawing upon his extensive experience across various industries. His skill set is marked by thorough research abilities and a genuine passion for sharing knowledge that empower readers with insightful information.

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