B.Com with ACCA: Why it is the Right Decision?

bcom with acca

With the emergence of new trends in career and education across the globe, the long-established traditional pathways of degree-based education have lost their appeal. People are looking for more attractive, rewarding and time-efficient ways to earn educational credentials for making an entry in the professional world.

A surge in the number and popularity of certificate courses that open direct pathways to prestigious global jobs has led to a huge number of people opting for them. ACCA course in Kerala is one such course that can be taken by any person that wishes to make a career in accounting. It is a certificate course that is governed by the Association of Chartered Certified Accountants and requires a highly flexible qualification. You can choose how to study, how often to take the exams and the organization where you work for the professional experience fulfilment.

The ACCA course in Kerala is offered in the following five modes:

  • Full-time course

  • Weekend or Part-time course

  • Distance Learning

  • Revision Course

  • Online ACCA Course

All these modes make it possible to complete the certification along with any other degree or job.

Having given a brief introduction to the ACCA course, we are going to discuss how to do B.Com. with ACCA can be one of the best decisions of your life. We are going to share why ACCA is the right answer for all your career-related queries and what rewards are in the store for you if you opt for this combo.

So, if you are looking for some sure-shot ways to bypass the long and mundane traditional degree-based education, read on, and give your career a wonderful head start.

What is ACCA and What Opportunities does it offers?

ACCA is a global qualification for the CAs that is the leading and the most reputed qualification in the world. You have to pass 14 exams, show a work experience of 3 years and fulfil the requirement of ethical and professional work modules. Some candidates can also be exempted from a few exams if their educational background passes the eligibility criteria for this.

After completing ACCA, the candidates can find jobs across the globe, including India. As ACCA is respected all over the world and is a gold standard in accounting, it opens a number of job avenues for the professionals. The ACCA professionals can find jobs in MNCs, private companies and can practice as an accounting professional in business organizations.

The core companies in financial consulting, such as Barclay's, Standard Chartered, Tata, Grant Thornton and BDO etc also recruit the ACCA professionals. Such companies constantly require talent that is equipped with the latest understanding of the financial world. Hence, the absorption of ACCA professionals in the modern-day businesses, corporations, private companies and financial institutions is swift.

ACCA professionals can find jobs in various profiles, such as:

  • Audit and Assurance

  • Accounting Advisory

  • Investment Advisory

  • Internal Audit

  • Corporate Finance

  • Taxation

  • Risk Advisory etc.

After having had an introduction about ACCA, let us move on to find how to study for ACCA and B.Com side-by-side.

What are the benefits of doing ACCA with B.Com?

When you pursue ACCA with B.Com, you become eligible for ACCA jobs while studying. Once you qualify the 9 ACCA papers, you are awarded the Advanced Diploma in Accounting and Finance. This allows you to reduce the time spent on gaining the required professional experience. Upon completion of the ACCA course, you are able to apply for relevant jobs in any company and any country of your choice.

Hence, what was an impossible feat with a mere graduate degree in accounting becomes possible when you do ACCA with the B.Com course.

When you are studying in graduation, you can easily find spare time to study and prepare for the exams. Most of the ACCA exams are online and computer-based. So, you can take them at any of the approved and licensed centres offering ACCA course in Kerala.

Another interesting thing about ACCA exams is that there are two types of ACCA exams:

  • On-demand online exams

  • Session online exams

The on-demand exams can be taken at any time of the year and are conducted online. The session online exams are also computer-based exams and can be taken during any of the four exam sessions of ACCA in one year.

What makes ACCA the best choice for the candidates seeking education for a global career?

  • ACCA offers all kinds of resources and support materials online.

  • Application, exam fee submission, information about the centres, re-taking processes and everything else is available online.

  • You can find details and dates of the online exams, exam sessions, and all the other such details online.

  • You can easily connect with the helpline support to get your queries answered anytime.

  • ACCA offers the most flexible exam structure and allows you to make the most of your time and efforts.

  • You can complete the ACCA qualification, all the while completing your degree or your job, without having to leave anything.

Further, ACCA opens the avenues of high-paying senior management jobs for the professionals, right from the start. You don't have to wait to touch your 40s in order to finally land in a job role that fetches you millions. You can also find a job role abroad without much ado.

So, all in all, ACCA is one brilliant choice that you can make in terms of your career and when you opt for a combo of ACCA and B.Com, you are in for surprising growth.

This brings us to the completion of our discussion. We hope all our readers find this discussion helpful and make an intelligent choice for planning their career well.

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Author: Umesh01 Dec 2020 Member Level: Diamond   Points : 3

This is a very informative article and is very helpful for the students planning for ACCA certification. Right now CA and ACCA these are two popular accounting options that people are pursuing nowadays. Both are for getting entrance into the financial and accounting job world and are a good option for students studying in commerce stream or have interest in accounting line.
ACCA has one edge over CA that it is a globally recognised and accepted course in about 180 countries in the world. So for the students who are aspiring to make a career abroad, they can think of pursuing ACCA rather than CA. For those who want to work in India and have no inclination in working abroad may go for CA or ACCA whatever they feel better in their own perspective.
It makes sense to go for ACCA in parallel to B.Com. as one can save some time as well as learn within the realm of same discipline. The students having interest in accounting and finance arena can definitely pursue ACCA for making a career in it.

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