The Average Salary of an ACA (ICAEW) in London, UK
61The 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).
