The programmes will initially be launched in Delhi, Mumbai and Bengaluru, and will cover additional cities in near future.
The academy will focus on courses for professionals and students in the areas of finance and accounting.
This will help organisations in meeting the challenges resulting from rapidly changing regulatory and financial reporting landscape of corporate India, a company release said.
"The recent adoption of substantially converged global IFRS standards in India, i.E. Indian Accounting Standards (Ind AS) is a significant change. Therefore, we decided to start with offering related courses.
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PwC Academy aims to support students as well as organisations across the region grow and retain their talent, the statement said.
Some of the inaugural courses that will be offered in the academy include Diploma in International Financial Reporting and Indian Accounting Standards (Ind AS) Workshops.
The academy's instructors would be experienced practitioners who have gone through extensive internal training programmes and have also worked with some of the world's leading organisations, having advised them in various financial and reporting matters, the statement said.
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