How To Start ACCA After Graduation? (A Career Guide)

To pursue ACCA (Association of Chartered Certified Accountants) post-graduation is the best choice for students who desire to have a successful career as an auditor, financial analyst, and accountant. ACCA is a globally accepted qualification with opportunities in more than 180+ countries to work for multinational organizations, Big 4 accounting practices, and banking and financial organizations globally. Candidates who have studied a commerce, finance, or accountancy stream can join the ACCA course directly, whereas others need to complete the foundation level exams first. In this article, we will explore how to start ACCA after graduation and how it offers unparalleled career growth, flexibility, and international opportunities.

Master the Art of Accounting – Enroll in Our Expert-led Course!

Why To Choose ACCA After Graduation?

Global recognition and Employment Opportunities

Since ACCA is accepted in more than 180 countries, pursuing it after graduation opens up job options abroad. In contrast to country-specific certificates, ACCA offers a route to employment in global organizations, financial institutions, multinational corporations, and the Big 4 accounting firms (Deloitte, PwC, EY, and KPMG). Because of its widespread acceptability, it’s the perfect option for people who want to advance their professions outside of their nation of origin.

Exam Exemptions for Graduates

The exam exemption policy is one of ACCA’s greatest benefits for graduates. Up to five exemptions are available to candidates with degrees in accounting, finance, or commerce (such as a B.Com, BBA, MBA, or M.Com.), which lowers the overall number of tests needed. This makes ACCA a desirable choice for individuals who already possess a background in accounting and finance since it enables students to finish the certification more quickly and with less effort.

Flexible Exam Format

Students can take tests at their own speed according to ACCA’s flexible exam schedule. Because the tests are administered four times a year—in March, June, September, and December—candidates have plenty of time to prepare and take the test. ACCA is perfect for both full-time students and working professionals since it allows students to match their education with work, unlike CA or CPA, which have strict exam calendars.

Requirement for Work Experience

ACCA offers greater freedom than CA or CPA, which mandate a three-year articleship. Three years of relevant work experience is required of candidates; however, this can be acquired prior to, during, or following exam completion. As a result, you can begin working and making money earlier while still pursuing full ACCA membership. Employers throughout the world place a high importance on the qualification’s practical abilities in International Financial Reporting Standards (IFRS), auditing, taxation, risk management, and financial analysis.
As a result, you can begin working and making money earlier while still pursuing full ACCA membership.

ACCA’s cost-effectiveness

The ACCA is cheaper and cost-effective compared to other professional certifications such as CA, CPA, or CFA. The cost varies with the exam fees, registration fees, and exemptions acquired. ACCA provides global career prospects and faster return on investment with the possibility of acquiring the certification in 1.5 to 2 years.

Ideal for Overseas Careers

ACCA provides a speedy means of gaining employment in major international financial hubs like the UK, UAE, Canada, Singapore, and Australia for individuals seeking to work there. For workers who are skilled enough to meet ACCA standards, professional-specific visa programs are available in most nations that ease work permits and migration. As a graduate option for individuals wishing to have an international accountancy and finance career, it is a decent one.

Demand for Employment and High Potential Pay

ACCA professionals are in high demand across different industries including corporate finance, auditing, banking, investment firms and consulting. Salaries also differ from country to country; you can expect to earn between ₹8 to ₹25 LPA in India, £50,000 to £80,000 in the UK and AED 180,000 to 400,000 in the UAE. The Big 4, HSBC, J.P. Morgan, Barclays and other international companies recruit ACCA-qualified professionals and provide them with good salary increments and career growth.

Boost Your Job Prospects with In-Demand Accounting Skills – Enroll Now!

How to Start ACCA After Graduation – Step-by-Step Guide

Step 1: Verify the Admission and Exemptions

Visit to ACCA portals and find out how many exams you can skip with your graduation degree.

Step 2: Register for ACCA

Log on to the ACCA site, open the registration tab, enter your details, add documents and pay the registration fees.

Step 3: Exemptions And Exam Fees 

No exemptions, pay the fees for them and then do register for remaining exams at FMCG.

Step 4: Select Your Study Modalities

You have to choose between Study alone, go for coaching or take the online ACCA coaching classes.

Step 5: Recruit and Prepare for your Exams

If you are attempting ACCA exams, which are conducted 4 times a year (March, June, September and December) As a final, acquire work based knowledge. Acquire experience of at least 3 years in a relevant finance/accountancy job to satisfy ACCA Practice Exam

Step 7: Finish your ethics and professional skills module

Accost yourself with the online course on solid ethics and skills that is necessary for an ACCA member.

Step 8: Become an ACCA Member

After passing all exams, completing work experience, and finishing the ethics module, apply for full ACCA membership.

CONCLUSION

To plan for a better future in accounting, finance and auditing, and to acquire international recognition the ACCA after graduation is a good thing to do. With exemptions, there is study flexibility and great remuneration which ACCA has in store as a fast lane to global accreditations as a finance professional. ACCA qualification is accepted worldwide and so giving the chance of an awesome challenging and fulfilling career with multinational corporations, Big 4 accounting firms, International financial institutions. If you prepare your exams well, the necessary work experience and take into account global demand for ACCA professionals than you are almost there with a successful career. And if you’re now ready to take your finance career to the next level, there has never been a better time to start your journey with ACCA!

Start your ACCA Preparation Now! Download Entri App!