Wondering how long it takes to navigate the thrilling world of ACCA? Let’s 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. It’s 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! That’s right, we’re 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 – Covers fundamental principles of accounting and business.
Applied Skills – Focuses on practical skills needed in various business contexts.
Strategic Professional – 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? Here’s what you need to know about your ACCA course eligibility:
- Post-Class 12: Kick off your ACCA journey right after high school. This option is ideal for those fresh out of Class 12 and ready to dive into finance.
- During Undergrad: Combine ACCA with your college studies. Double up on qualifications and graduate with both a degree and a professional qualification. Undergraduates may be eligible for up to 5 exemptions, depending on their course of study.
- After Graduation: Do you have a B.Com? Thanks to academic exemptions, you might skip some exams, speeding up your ACCA path. Graduates may also qualify for up to 5 exemptions.
- Working Professionals: Enhance your career with advanced finance and strategic skills. ACCA is perfect for professionals seeking to boost their qualifications. If you hold qualifications such as CA, CA Inter, or CMA US, you could be eligible for up to 9 exemptions.
ACCA Time Duration -How Long Does It Take To Complete ACCA?
So, how long does it take to complete ACCA? Do you want to know about the exact ACCA time duration? Keep reading:
ACCA Course Duration After 12th:
If you start ACCA in India immediately after completing your 12th grade, you can expect the course duration to be around 3 to 4 years. This ACCA time duration involves tackling all 13 exams, typically spread over the duration of undergraduate studies.
For the Undergraduates:
Jump right in after grade 12! Most students tackle the ACCA alongside their undergraduate studies, spreading the 13 exams over 3 years. You heard it right—13 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 3 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 years.
For the Career Shifters with Professional Qualifications:
If you’re joining post-professional qualification, you could breeze through even faster and shorten your ACCA course duration, depending on your prior creds!
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 maximum of four exams per session and eight per year, but practical experience and ethical modules also take time.
Acca course duration after graduation.
After graduation, the ACCA course typically takes two to three years to complete, depending on exemptions based on prior qualifications. Students need to pass up to 13 exams, complete the ethics and professional skills module, and gain relevant practical experience of 36 months to become an ACCA Member.
ACCA Exams: A Year-Round Opportunity
ACCA isn’t hard to get—with exam sessions in March, June, September, and December, you can sit for exams quarterly. Plan your studies, and you could take up to four 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, you’re looking at just 7 papers. You could be all done in about 1.5 years—how’s that for speedy?
To know why CA or CA Inter students should pursue ACCA watch the below video:
For Chartered Accountants!
Already a CA? You’re 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. Here’s 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? Let’s 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 ₹3,178 (£30).
Knowledge Level Exam Fees: Each Knowledge Level exam fee is approximately ₹9,066 (£84).
Skills Level Exam Fees: For the Skills Level exams, each paper costs about ₹14,030.
Professional Level Exam Fees: The most advanced level, the Professional Level exams, cost around ₹7,794 per paper. Apart from this, you need to be aware of the important fee structures like:
EPSM (Ethics and Professional Skills Module) Fee: £79 or approximately ₹7,900.
Strategic Business Leader (SBL) Exam Fees:
- Standard Entry (September 2024, any format): £252 or approximately ₹25,200.
- Late Entry (Remote, September 2024): £252 or approximately ₹25,200.
- Late Entry (Centre, September 2024): £405 or approximately ₹40,500.
Strategic Business Reporting (SBR) Exam Fees:
- Standard Entry (September 2024, any format): £180 or approximately ₹18,000.
- Late Entry (Remote, September 2024): £180 or approximately ₹18,000.
- Late Entry (Centre, September 2024): £405 or approximately ₹40,500.
Strategic Professional (options) Exam Fees:
- Standard Entry (September 2024, any format): £180
- Late Entry (September 2024, Remote): £180
- Late Entry (September 2024, Centre): £405
Annual Subscription:
ACCA requires an annual subscription to maintain enrollment, which costs about ₹14,216 (£134) per year.
Overall Course Fees:
Depending on your exemptions and the number of exams you need to take, the total cost for ACCA in India ranges from ₹72,000 to ₹2,00,000. 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?
Pursuing ACCA online with your degree isn’t just about multitasking—it’s about supercharging your career prospects right from the start. Check out the videos below for real-deal insights from those who’ve walked this path.
Remember, the ACCA journey is as unique as you, with the flexibility to fit your personal and professional life. So, what’s stopping you? Take the first step now, and let ACCA be the launchpad for your global accounting career!
Why Opt For ACCA with Your Graduation?
Pursuing ACCA with your degree isn’t just about multitasking—it’s about supercharging your career prospects right from the start. Check out the videos below for real-deal insights from those who’ve walked this path.
Remember, the ACCA journey is as unique as you, with the flexibility to fit your personal and professional life. So, what’s 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. With a reduced ACCA duration due to prior exemptions, graduates can achieve the qualification more swiftly and efficiently.
ACCA Course Duration After Graduation
The ACCA course duration after graduation depends on the number of exemptions received and the student’s study pace. After completing CA, students may receive exemptions for up to 9 papers, whereas for relevant degrees like Bcom, BFM, etc students get 5 exemptions. This reduces the time to complete ACCA, allowing students to finish in around 1.5 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 1.5 years with maximum exemptions or up to 4 years for those starting from scratch. Indian students can take advantage of ACCA’s 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 individual’s 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 40% to 50%. The flexibility of ACCA’s 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 Synthesis Learning be your go-to for smashing those ACCA exams? Learn why we’re the dream team for your ACCA journey:
Platinum Approved Learning Partner:
Synthesis Learning rocks the highest badge of honor as a Platinum Approved Learning Partner. What does that mean for you? ACCA recognizes us for our top-tier education standards. We’re talking premium quality, all the way!
Rigorous Standards, Stellar Education:
Being Platinum Rated isn’t just a title; it’s a promise. This means that we’ve consistently met ACCA’s 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, we’re here to help you start your ACCA journey on the right foot.
Exceptional Pass Rates, Global Recognition:
We don’t just teach; we lead you to success. Our students don’t just pass; they excel—with many achieving global ranks. It’s not just about getting you through exams; it’s about setting you up to compete on the world stage.
So, are you ready to team up with a learning partner who’s as committed to your ACCA success as you are? Synthesize what you’re learning with us, and let’s hit those books and aim for the stars! Check out how we make ACCA achievers on our Synthesis Learning ACCA page. Let’s get you prepped for a brilliant career in finance!
You can check the exemptions applicable to you here: ACCA Calculator: Click Here
FAQ’S
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 ₹72,000 to ₹3.5 lacs, depending on the number of exemptions and exams taken. This ACCA time duration and cost balance make 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.
