The Average Salary of an ACA in London, UK

The ACA is the leading business and finance qualification and is issued by the Institute of Chartered Accountants in England & Wales, or ICAEW. Upon obtaining the qualification, the holder is recognized as a chartered accountant.

Average Salary

As of 2010, the average salary for an ACA in London was $142,100, which included a basic annual salary of around $121,800 (£79,100) and an average bonus of $20,300 (£13,200). The average basic salaries of ACAs increase from around $66,000 in the first 2 years after qualification to $134,000 for those qualified for 20 years and more. Average salaries for ACAs also vary by sector of work.

Banking and Capital Markets

ACAs working in banking and capital markets have the highest average basic salary at around $150,600 (£97,800) and the highest annual average bonus at $54,200 (£35,200). Their average annual income is $204,800

Construction, Property and Real Estate

ACAs working in construction, property and real estate earn an average basic salary of around $130,000 and an average bonus of $15,800 (£10,300).

Manufacturing and Engineering

ACAs in manufacturing and engineering have a basic salary of $115,000 (£74,700) and an average bonus of $14,800 (£9,600).

References

• ICAEW: ICAEW Career Benchmarking Survey 2010

Resources

• ICAEW: ACA Salaries in Individual Sectors: