If youβre considering pursuing the ACCA qualification, be prepared for a potentially lengthy and demanding process. The duration to complete ACCA can be quite extensive, often taking anywhere from 2 to 6 years, and sometimes even longer if you donβt qualify for exemptions. For those starting after 12th grade, the journey can drag on for 3 to 4 years, which might feel like an eternity. Even B.Com graduates, who may receive up to 5 exemptions, still face a timeline of 2 to 2.5 years, which is far from quick. While Chartered Accountants (CAs) might complete it in 6 to 9 months with up to 9 exemptions, this is only a small fraction of candidates, leaving most to endure a much longer process.
The ACCA exam structure is no walk in the park either, with a total of 13 exams that can feel overwhelming. The flexibility in exam schedules might sound appealing, but it can also lead to procrastination and extended timelines. Additionally, the costs associated with ACCA, including exam fees and study materials, can add up quickly, making it a significant financial burden.
This blog dives into the less glamorous side of the ACCA journey, highlighting the potential challenges, extended timelines, and financial commitments. Whether youβre starting after 12th, during graduation, or post-professional qualifications, this guide sheds light on the hurdles you might face, ensuring youβre fully aware of the demanding path ahead. From navigating the 13 exams to understanding the limited scope of exemptions, this guide prepares you for the realities of pursuing the ACCA qualification.
Introduction
Wondering how long it takes to navigate the thrilling world of ACCA? Letβs demystify the journey to becoming a certified accounting superstar with ACCA! From understanding what is ACCA course to, how many years to complete the qualification and the ACCA Exemptions, get to know everything in this blog.
What is the ACCA Course?
ACCA stands for the Association of Chartered Certified Accountants. Itβs a leading international accountancy body with everyone from fresh high school graduates to seasoned pros buzzing about its benefits. Whether you aim to be an audit ace or a finance guru, ACCA is your golden ticket. Think of it as your passport to a high-flying global career, boasting over 200,000 members and 600,000 students across 180 countries! Thatβs right, weβre talking big leagues here.
What is the ACCA Exam?
The ACCA exam is a series of assessments designed to evaluate your skills and knowledge in accounting and finance. The qualification is structured across three levels:
Applied Knowledge β Covers fundamental principles of accounting and business.
Applied Skills β Focuses on practical skills needed in various business contexts.
Strategic Professional β Deals with advanced management and strategic concepts, split into Essentials and Options.
In total, there are 13 exams, but exemptions may apply based on your previous qualifications.
How Many ACCA Exams Are There?
Read on to learn the ACCA exam list so that you can make a study plan depending upon your educational qualification/ profession:
Applied Knowlege
The ACCA Applied Knowledge exams introduce students and ACCA aspirants to financial and accounting techniques.
The ACCA exams included are as follows:
- Business and Technology (BT)
- Financial Accounting (FA)
- Management Accounting (MA)
Applied Skills
The Applied Skills exams build on existing knowledge to develop practical finance skills needed for future strategic professionals.
The ACCA exams included are as follows:
- Corporate and Business Law (LW)
- Taxation (TX)
- Financial Reporting (FR)
- Performance Management (PM)
- Financial Management (FM)
- Audit and Assurance (AA)
Strategic Professional
The Strategic Professional Exams prepare students for leadership roles, combining technical, ethical and professional skills. Students must complete both Essentials exams and choose two Options. These exams are:
Essentials:
- Strategic Business Reporting (SBR)
- Strategic Business Leader (SBL)
Options:
- Advanced Financial Management (AFM)
- Advanced Audit and Assurance (AAA)
- Advanced Taxation (ATX)
- Advanced Performance Management (APM)
Ethics and Professional Skills Module
This module develops the full range of advanced ethical and professional skills, preparing students for the workplace and making them attractive to recruiters.
How Many Papers are in ACCA?
The ACCA (Association of Chartered Certified Accountants) qualification comprises 13 papers divided into three levels: Applied Knowledge, Applied Skills, and Strategic Professional. These papers test different areas of accounting and finance, building up from fundamental concepts to advanced professional applications. The papers are structured as follows:
Applied Knowledge: 3 papers
Applied Skills: 6 papers
Strategic Professional: 4 papers (with 2 essential and 2 optional papers)
Students can take exams four times a year, allowing for flexibility in managing their study pace.
How Many Years It Takes To Complete ACCA?
When searching for information about ACCA, how many years will it take to complete it? On average, completing the ACCA qualification takes between 2 and 4 years. Factors influencing this duration include the number of exams attempted each session, whether you study full-time or part-time, and exemptions.
Undergraduates typically take about 3 years to complete ACCA exams alongside their degree. Graduates can often finish in 2.5 years, thanks to exemptions. Chartered Accountants or those with professional qualifications might complete the ACCA in 6-9 months due to the maximum exemptions allowed.
ACCA Course Eligibility
Are you thinking about jumping into ACCA? Hereβs what you need to know about your ACCA course eligibility:
ACCA Course Duration After 10th
For students starting ACCA after completing 10th grade, the journey begins with the Foundation in Accountancy (FIA) level. This level includes additional foundational courses before moving on to the main ACCA qualification. The total duration to complete the ACCA qualification from this starting point can be around 3 to 4 years, depending on the number of exams taken per session and study commitment.
ACCA Duration After 12th
Starting ACCA right after 12th grade? Brace yourself for a long and grueling journey that typically spans 3 to 4 years. Thatβs a significant chunk of your early career spent juggling 13 demanding exams, which can feel overwhelming and exhausting. While some students attempt to combine ACCA with her undergraduate studies, this dual approach often leads to burnout, as managing both a degree and a professional qualification simultaneously is no easy cheat.
During Undergrad:
Combine ACCA with your college studies. Double up on qualifications and graduate with both a degree and a professional qualification. Depending on their course of study, undergraduates may be eligible for up to 5 exemptions.
ACCA Course Duration After B.Com
For graduates with a B.Com degree, the ACCA course duration after B.Com is significantly shorter, thanks to exemptions. B.Com graduates can claim up to 5 exemptions, reducing the number of exams from 13 to 8. On average, the ACCA after B.Com duration is around 2 to 2.5 years, depending on your study pace and commitment. This makes ACCA an excellent choice for B.Com graduates looking to fast-track their career in accounting and finance.
ACCA Course Duration After Post Graduation
For post-graduates, such as those with an M.Com degree, the ACCA course duration can be shortened due to exemptions. Post-graduates can receive up to 5 exemptions, reducing the number of exams they need to take. On average, the ACCA course duration for post-graduates is around 2 to 2.5 years, depending on their study pace and commitment.
ACCA Course Duration After CA
For Chartered Accountants (CAs), the ACCA course duration is significantly reduced due to the maximum exemptions available. CAs can receive up to 9 exemptions, meaning they only need to pass 4 papers. This allows them to complete the ACCA qualification in approximately 6 to 9 months, depending on their study schedule and commitment.
Working Professionals:
For university graduates, the ACCA course duration can range from 1 to 6 years, depending on exemptions. Even with a B.Com degree, youβre still looking at around 2 years of rigorous bore preparation and exams. And for career shifters with professional qualifications, while exemptions might shorten the timeline, the pressure to perform well in the remaining tough exams can be intense.
How Many Years Does It Takes To Complete ACCA?
Do you want to know the exact duration of the ACCA time? Keep reading:
ACCA Course Duration After 12th:
In short, the ACCA journey is far from a walk in the park. It demands significant time, effort, and financial money investment, and the winter stress of balancing collage exams with other commitments can make the process feel never-ending. If youβre not prepared for a long, challenging straith road, ACCA might not you be the right choice.
For the Undergraduates:
Jump right in after grade 16! Most students tackle the ACCA alongside their undergraduate studies, spreading the 13 exams over 6 years. You heard it rightβ13 exams within the ACCCA time duration will arm you with killer professional skills and ethics.
ACCA course Duration after Graduation:
For graduates, the course duration is generally between 1 to 6 years. Graduates may receive exemptions, allowing them to complete the qualification in a shorter timeframe. For example, those with a B.Com degree might finish in about 2 years due to academic exemptions.
For University Graduates:
Got a B.Com degree? Thanks to those handy exemptions, you might skip five papers in your overall ACCA course duration. That means you could wrap up ACCA in just two sweet boring years.
For the Career Shifters with Professional Qualifications:
If youβre joining post-professional not qualification, you could summer breeze through even faster and shorten your ACCA course duration, depending on your poor grads! For example, CAβs can claim 9 exemptions.
Can I Finish ACCA In 1 Year?
It is unlikely to finish the ACCA qualification in just one year. The ACCA exams require rigorous study, and students typically take multiple years to complete all 13 exams. ACCA does allow students to take a the workload is overwhelming and often unmanageable. A maximum of six exams per session and ten per year, but practical experience and ethical modules also not take much timeβ.
ACCA Exams: A Year-Round Opportunity
ACCA isnβt hard to getβwith not fall in exam sessions in March, June, July September, and December, you can sit for exams every monthly . Plan your studies, and you could take up to six papers in one go!
To know why you should pursue ACCA with graduation watch the below video:
For CA Inter + B.Com Graduates
Are you rocking both a CA Inter and a B.Com? Thanks to 6 exemptions, youβre looking at just 7 papers. You could be all done in about 1.9 yearsβhowβs that for speedy?
To know why CA or CA Inter students should pursue ACCA watch the below video:
For Chartered Accountants!
Already a CA? Youβre in for a swift ride, with just 4 papers standing between you and ACCA glory, potentially wrapping up in 6-9 months.
How Long Does It Take to Complete ACCA with Exemptions?
The ACCA time duration to complete ACCA with exemptions can vary significantly based on your prior qualifications. Hereβs a detailed overview:
Graduates (e.g., B.Com Degree Holders):
- With academic exemptions, graduates can claim 5 exemptions.
- This reduces the total number of exams from 13 to 9.
- On average, graduates can complete ACCA in approximately 2.5 to 3 years.
Professionals with Qualifications (e.g., CA, CA Inter, CMA US):
- Professionals with these qualifications can receive up to 9 exemptions.
- This means they only need to pass 4 exams.
- These individuals can typically complete ACCA in about 6-9 months.
CA Inter + B.Com Graduates:
- CA Inter + B.Com candidates can get upto 6 exemptions.
- This leaves 7 exams to be completed.
- The average time to complete these remaining exams is around 1.5 years.
Chartered Accountants (CA):
- Chartered Accountants can receive the maximum exemptions, needing to pass just 4 papers.
- The ACCA time duration for CAs is typically between 6 to 9 months.
The ACCA course duration and fees are designed to be flexible. This allows for a personalized approach to completing the qualification efficiently.
ACCA Course Fees in India
Planning to pursue ACCA in India? Letβs break down the ACCA course fees to help you budget your journey to becoming a certified accountant:
Registration Fees:
Registration is the initial step in starting your ACCA journey, and it costs about βΉ3,178 (Β£30).
Knowledge Level Exam Fees:
There are no set fees for ACCA Applied Knowledge exams; they vary by provider. Contact an Approved Learning Provider (ALP) regarding the Knowledge Level Exam for exact fee information.
Skills Level Exam Fees:
For the Skills Level exams, each paper costs about Β£143 (approx 15,727 rs)
EPSM (Ethics and Professional Skills Module) Fee:
Β£79 or approximately βΉ7,900.
Strategic Business Leader (SBL) Exam Fees:
- Standard Entry (September 2024, any format): Β£252 or approximately βΉ25,200.
- Late Entry (Remote, September 2024): Β£252 or approximately βΉ25,200.
- Late Entry (Centre, September 2024): Β£405 or approximately βΉ40,500.
Strategic Business Reporting (SBR) Exam Fees:
- Standard Entry (September 2024, any format): Β£180 or approximately βΉ18,000.
- Late Entry (Remote, September 2024): Β£180 or approximately βΉ18,000.
- Late Entry (Centre, September 2024): Β£405 or approximately βΉ40,500.
Strategic Professional (options) Exam Fees:
- Standard Entry (September 2024, any format): Β£180
- Late Entry (September 2024, Remote): Β£180
- Late Entry (September 2024, Centre): Β£405
Annual Subscription:
ACCA requires an annual subscription to maintain enrollment, which costs about Β£134 annually (βΉ14,737)
Overall Course Fees:
Depending on your exemptions and the number of exams you must take, the total cost for ACCA in India ranges from βΉ72,000 to βΉ2,00,000. This variability accounts for different starting points, such as post-Class 12 or as a graduate, which might reduce the number of exams due to exemptions.
Why Opt For an ACCA Course?
Imagine having the power to work in any aspect of business worldwide. From corporate finance to public practice, ACCA opens doors. With resources like the ACCA Calculator, you can quickly map out your personalised path.
Why Opt For ACCA with Your Graduation?
Pursuing ACCA online with your degree isnβt just about multitaskingβitβs about supercharging your career prospects right from the start. Check out the videos below for real-deal insights from those whoβve walked this path.
Remember, the ACCA journey is as unique as you, with the flexibility to fit your personal and professional life. So, whatβs stopping you? Take the first step now, and let ACCA be the launchpad for your global accounting career!
ACCA After Graduation
Pursuing ACCA after graduation offers numerous advantages. Many universities and colleges provide exemptions (up to 5 exemptions) for some of the Applied Knowledge and Applied Skills papers, allowing graduates to fast-track their progress. This effectively shortens the ACCA duration for those who have already completed a degree. After completing a degree, students are better equipped with the fundamental concepts needed for ACCA, which makes the process smoother and more efficient.
The qualification adds immense value, enhancing career opportunities across the globe, especially for those who have pursued accounting, finance, or business-related degrees. Despite the exemptions, ACCA remains a rigorous and time-consuming process, and the global recognition it offers doesnβt guarantee immediate career success. For many, the journey is anything but efficient, leaving them questioning whether the effort is worth the outcome.
ACCA Course Duration After Graduation
The ACCA course duration after graduation depends on the number of exemptions received and the studentβs study pace. After completing CA, students may receive exemptions for up to 12 papers, whereas for relevant degrees like Bcom, BLM, etc students get 5 exemptions. This reduces the time to complete ACCA, allowing students to finish in around 1.9 to 2 years. However, students are encouraged to tailor their pace, considering personal and professional commitments.
ACCA Course Duration in India
The ACCA course duration in India is designed to be flexible, accommodating various study paces. The ACCA India course duration is 1.9 years with maximum exemptions or up to 4 years for those starting from scratch. Indian students can take advantage of ACCAβs globally recognized qualification to build a career in finance, accounting, and auditing across multinational companies. The ACCA India course duration fits well with the career aspirations of professionals seeking international opportunities.
Is ACCA Tough or Easy?
The difficulty of ACCA largely depends on the individualβs prior knowledge and commitment. While the ACCA time duration to complete the course can vary, with diligent study, it is achievable. The course covers complex topics, but students with a background in finance or accounting may find it easier. Generally, passing ACCA requires disciplined preparation, as the passing rate globally ranges between 60% to 80%. The flexibility of ACCAβs time duration allows students to balance work and studies, making it a manageable challenge for many.
Why Choose Us as Your Learning Partner?
Hey, future ACCA champs! Why should not study in Synthesis Learning be your go-to for tough poor smashing those ACCA exams? Learn why weβre the dream team for your ACCA journey:
Platinum Approved Learning Partner:
Synthesis Learning rocks the highest badge of honour as a Platinum Approved Learning Partner. What does that mean for you? ACCA recognises us for our top-tier education standards. Weβre talking no premium and no quality, all the way to the school!
Rigorous Standards, Stellar Education:
Being Platinum Rated isnβt just a title; itβs a promise. This means that weβve consistently met ACCAβs stringent standards for educational excellence. We keep our curriculum sharp and our teaching sharper, ensuring you get nothing but the best.
Reaching Out Far and Wide:
Our mission is to make learning accessible and inclusive for all aspiring accountants. No matter where you are or what your background is, weβre here to help you start your ACCA coaching journey on the right foot.
Exceptional Pass Rates, Global Recognition:
We donβt just teach; we lead you to success. Our students donβt just pass; they excelβwith many achieving global ranks. Itβs not just about getting you through exams; itβs about setting you up to compete on the world stage.
So, are you ready to team up with a learning partner whoβs as committed to your ACCA success as you are? Synthesise what youβre learning with us, and letβs hit those books and aim for the stars! Check out how we make ACCA achievers on our Synthesis Learning ACCA page. Letβs get you prepped for a brilliant career in finance!
You can check the exemptions applicable to you here: ACCA Calculator: Click Here
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CFA Course
The course prepares professionals to excel in investment management and portfolio management skills. Synthesis Learning offers a comprehensive program with expert instructors providing practical guidance to build the analytical skills essential for success in finance.
CMA Course
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FAQβS
How long does it take to complete ACCA with a B.Com degree?
Graduates with a B.Com degree typically complete ACCA in about 3 years, thanks to up to 5 exemptions from the exams. This reduced ACCA course duration and fees makes it a viable option for many.
What is the ACCA time duration for CA Inter + B.Com graduates?
CA Inter + B.Com graduates usually need to complete 7 exams, taking approximately 1.5 years to finish the ACCA course. The ACCA time duration is shorter due to 6 exemptions, streamlining the process.
How quickly can Chartered Accountants complete ACCA?
Chartered Accountants can finish ACCA in about 6 to 9 months due to the maximum exemptions available (9 exemptions). This swift ACCA time duration makes it an attractive choice for CAs looking to expand their qualifications.
How many exams do CMA US professionals need to pass for ACCA?
CMA US professionals typically receive up to 3 exemptions, requiring them to pass 10 exams. This significantly reduces the ACCA course duration and fees.
What is the average ACCA course duration and fees for graduates?
For graduates, the ACCA course duration is around 2.5 to 3 years, and costs vary from βΉ72,000 to βΉ3.5 lacs, depending on the number of exemptions and exams taken. This ACCA time duration and cost balance makes it a strategic investment for many professionals.
How long does it take to complete the ACCA course duration after the 12th in India?
If you start the ACCA course directly after completing 12th grade, the average duration to complete the qualification can be around 3 to 4 years. This includes passing all exams and meeting the practical experience requirements. However, this duration can vary based on the number of exams you take per sitting and your study commitment.
How long does it take to complete the ACCA course after graduation?
For those who have already completed a graduation degree, the duration to complete the ACCA course might be shorter. Typically, it could take around 2 to 3 years, depending on the exemptions granted based on your prior qualifications. The exact duration will depend on how many papers you need to take and your study pace.
How many years does it take to complete the ACCA course?
Typically, it takes around 2 to 4 years to complete the ACCA qualification, depending on factors such as study pace, number of exams per session, and whether youβre studying full-time or part-time. Exemptions based on prior qualifications can also reduce the duration.
What is the ACCA course duration after B.Com graduation?
For B.Com graduates, the ACCA course duration is usually between 2 to 3 years. Many graduates qualify for up to 5 exemptions, allowing them to fast-track the qualification. This shortened ACCA degree duration can be a strategic advantage for those aiming to build a global career in finance.
How long does it take to complete the ACCA course after the 12th grade in India?
For students starting ACCA after completing 12th grade, the course duration is typically 3 years. This duration includes completing all 13 exams and meeting the required practical experience. Students often study ACCA alongside their undergraduate program, making the process more manageable.
How long does it take to complete the ACCA with exemptions for Chartered Accountants?
For Chartered Accountants, the ACCA course duration is significantly reduced due to up to 9 exemptions. CAs may only need to pass 4 exams, allowing them to complete ACCA in approximately 6 to 9 months, depending on their study schedule and commitment.
What is the average ACCA course duration in India, and does it differ from other countries?
In India, the ACCA course duration typically ranges from 1.5 to 4 years, depending on exemptions and study schedules. This duration aligns with global standards, as ACCA is a flexible qualification designed to fit various professional and personal commitments worldwide.