The CPA course fees in Bangalore typically range between ₹2,00,000 and ₹3,50,000, Depending upon the institution and study material. This international qualification has massive scope in careers in accounting and finance. If one plans to take the CPA program in Bangalore, then first one needs to know about the structure, costs, and other details of the program. This article will also present a comprehensive breakdown of the fees, eligibility, and other essential information related to the said program.
What is CPA?
One of the most prominent certifications for accountants is CPA, especially in the United States. The American Institute of Certified Public Accountants (AICPA), is the governing body that issues this certification, signifying a professional’s mastery over accounting principles, auditing, taxation, and financial planning. Such a certification is essential for one who wants to practice as a licensed accountant in the United States or work for any global corporation with U.S.-based financial operations.
The full form of CPA is Certified Public Accountant. A CPA serves a role similar to a chartered accountant in India but focuses heavily on U.S. GAAP (Generally Accepted Accounting Principles), IFRS (International Financial Reporting Standards), and U.S. taxation laws.
CPA Course Fees in Bangalore
CPA course fees in Bangalore normally range between ₹2,00,000 and ₹3,50,000, but they may vary based on coaching institutes, study materials, and exam-related charges. Students need to account for coaching fees, exam registration, and additional costs like international testing and application fees.
- Coaching Fees: Coaching institutes in Bangalore typically charge ₹1,00,000 to ₹2,50,000 for CPA preparation. This fee often includes classroom or online sessions, doubt-clearing support, and mock tests.
- Exam Registration Fees: The CPA exam includes four sections, and each section has a fee. Indian students need to pay between ₹16,000 and ₹20,000 for one section. This means the total cost for all four sections is approximately ₹64,000 to ₹80,000.
- Study Materials: CPA preparation requires high-quality study materials or review courses. These courses generally cost between ₹50,000 to ₹1,50,000.
- International Testing Fee: Indian students who take the CPA exam at an international test center must pay an additional fee. This fee is between ₹80,000 and ₹1,20,000.
- Application Costs: Application fees for state boards: ₹8,000 to ₹12,000.
Expense | Cost (INR) | Details |
Coaching Fees | ₹1,00,000 – ₹2,50,000 | Includes classes and mock tests. |
Exam Fees | ₹64,000 – ₹80,000 | ₹16,000 – ₹20,000 per section. |
Study Materials | ₹50,000 – ₹1,50,000 | Books and preparation courses. |
International Testing | ₹80,000 – ₹1,20,000 | For test centers outside India. |
Application Fees | ₹8,000 – ₹12,000 | Paid to state boards. |
CPA Course Duration
The CPA course duration is usually completed within 18-24 months for most candidates. This is determined by individual preparation and exam schedules. Candidates can prepare for the four sections using a structured approach, covering auditing, financial accounting, business concepts, and regulation.
- Preparation Time: On average, candidates take 18-24 months or it can range 3-4 years to prepare for and complete all four sections of the CPA exam.
- Exam Structure: The CPA exam has four sections:
- Auditing and Attestation (AUD)
- Business Environment and Concepts (BEC)
- Financial Accounting and Reporting (FAR)
- Regulation (REG)
CPA Eligibility
To qualify for the CPA exam, Indian students need to meet specific CPA eligibility criteria. The primary academic requirement is a Bachelor’s degree in commerce or accounting. Students must also accumulate 120-150 credit hours in accounting or related subjects, as evaluated by U.S. education standards. For Indian students, a CA qualification often fulfills these credit requirements, making them eligible to apply for the exam.
In addition to academic qualifications, some U.S. states may require candidates to gain professional experience. Typically, this involves completing one year of work under a licensed CPA. This combination of education and experience ensures that candidates possess the necessary skills and knowledge to pursue a career as a CPA.
CPA Salary in India
The salary of CPAs in India is extremely competitive because the world needs the expertise of such professionals. In entry-level positions, CPAs can expect between ₹6 to ₹10 LPA. Generally, these professionals work as financial analysts, auditors, or tax consultants. Such job profiles are the best for training and developing knowledge in finance and accountancy.
CPAs at higher experience levels earn highly as well. Controller or senior audit positions for a multinational corporation, mid-level CPAs would range between ₹10 to ₹20 LPA. More experience adds up to more dollars, the experience CPAs get could earn anywhere in the bracket of ₹20 to ₹35 LPA, plus. It includes leadership jobs in top companies: CFO, forensic accountant, and strategy consultants; Big 4 firms do too.
CPA Course Fees in Bangalore FAQs
What is the CPA course fees in Bangalore?
The CPA course fees in Bangalore range between ₹2,00,000 and ₹3,50,000, including coaching, exam fees, and study materials.
Are there affordable CPA training options in Bangalore?
Yes, institutes like Plutus Education offer affordable pricing, starting from ₹1,00,000 to ₹1,50,000.
Does the CPA course fee include exam registration costs?
Most coaching institutes do not include exam registration fees in their packages. You need to pay these separately to AICPA.
Are CPA classes available online in Bangalore?
Yes, many institutes, such as Plutus Education, Miles Education and Kaplan, provide online CPA classes for Bangalore-based students.
What are the additional costs apart from CPA course fees in Bangalore?
Additional costs include exam registration, international testing fees, and travel expenses if attending exams outside India.