The answer is YES!!! ACCA is a highly recommended professional course alongside graduation.
To learn more about why you should pursue ACCA along with your graduation watch the below video:
For graduation the most popular options selected by commerce students are:
- B Com is the most widely opted graduation course in the country. This course is chosen by the majority of the students because of its versatility and ease. Some students also opt for B.Com Honors or BAF (B Com specialized in Accounting and Finance).
- BMS stands for Bachelors in Management Studies. It is one of the most sorts after an undergraduate course in India.
- BBA stands for Bachelor of Business Administration. BBA is one of the most sought bachelor’s degree programs after the 12th. It includes the complete knowledge of leadership and management. There are various universities/colleges in India and abroad, which are offering BBA degree programs for students. During the study period, students get to learn how to make a business plan or business ideas that can help the industry.
Irrespective of whichever stream of graduation you opt for, it is very vital that you pursue a global qualification such as ACCA alongside, which gives you relevant global skills, knowledge, application, and most importantly a world of job opportunities when you finish the course.
Here are the top 5 reasons why ACCA could be the best professional qualification to take up alongside your graduation:
1. Global Qualification
ACCA Association of Chartered Certified Accountants is the CA of the UK but with recognition in many countries across the world. This qualification is pursued by over 5,44,000 students in over 179+ countries. One can say that ACCA is like ‘Global CA’ and prepares you for a world stage.
2. Graduate With Not 1 But 2 degrees
To qualify as ACCA, one needs to clear 13 papers, with exams taking place 4 times a year (March, June, September and December). One can technically begin ACCA post Class 10. This option works best if you have had a commerce background in your School Curriculum. If not, then it’s ideal to start with ACCA alongside Class 12 or at best post your Class 12 Board Exams. Considering that one can write exams in 4 exam sessions in a year, one has the flexibility of writing up to 4 papers in one exam session and up to 8 papers in a year. So how soon you finish ACCA is really dependent on you.
Having said that, the general trend is to appear for 1 paper in one exam session, which means you take up at least 4 papers a year and hence finish 13 papers in a span of about 3 years. Hence if you start with your first year of graduation, you would have finished your ACCA by the time you finish your third year of graduation. To know more about the best professional courses after 12th Commerce click here.
3. Jobs In India And Abroad
ACCA opens up a wide range of jobs in India and abroad. Cause of the variety of subjects that one studies in the qualification and the global skills that one acquires, one can work in multiple industries (including the Big 4) and perform a variety of roles such as :
- Corporate Financial Reporting
- Audit & Assurance
- International Taxation
- Legal Governance, Risk & Control
- Management Accountant
- Corporate Finance
- Mergers & Acquisitions
- Financial Analyst, Business Analyst, and so on.
To learn more about jobs in India and Abroad watch the below video:
The exams are Online and very application-based with a case study approach. The first 4 papers are On-Demand Exams (which means you can appear for them whenever you are ready by booking a slot in the nearest CBE – Computer Based Exam Center), while the exams for the remaining 9 papers take place 4 times a year (March, June, September and December). This offers immense flexibility to students to appear for exams as and when they are ready and take up one paper at a time with full focus and concentration.
To Take Your First Step Towards Becoming An ACCA Professional
5. High Pass Rates
Relative to a lot of other Indian Qualifications, the pass rates for ACCA papers averages around 50%. This is because of the flexible and application-focused approach. This means that the probability that you start and finish ACCA is very high if you have the right guidance and coaching.
Conclusively, the ACCA qualification is a prestigious global professional qualification and is equivalent to CA (ICAI) in India with worldwide recognition. The ACCAs can take up interesting job roles across varied sectors and fields in India and abroad. You can easily achieve this with graduation by fitting this into your lifestyle due to the flexible exam structure. Thus, at age 20 you join the professional workforce in the best of the organizations with a good start salary and take your career as high as you aspire to C Suite titles like CFO, CEO amongst others.