Why Should I Study ACCA?

Do you take pride in belonging to the finance domain as a student? 

Do you fantasize about working as a financial consultant across different cities of the world? In that case, you already have solid reasons to study ACCA. 

According to the latest stats, around 490000 students from 170+ countries are pursuing the ACCA course, and thousands more are interested in the course. But shockingly, the actual number of ACCA aspirants is merely a small percentage of the total number of interested students. Do you know why? 

That’s because many of them are unsure about pursuing the course, just like you. 

You must be one of the finance students who are still in confusion about why they should study ACCA. All you need is clarity about the ACCA course and some solid reasons why you should pursue the course. 

You need not worry anymore, as we are here to navigate your thoughts on the right path to help you become a successful ACCA aspirant. 

So, let’s jump to the followings segments to explore whether ACCA is your cup of tea or not. 

What Career Options Can You Pursue After Studying ACCA? 

The completion of the ACCA course unlocks the doors to your dream career. 

There is so much to do after pursuing ACCA, and you’ll end up being confused about which career path you want to choose for yourself. 

The choice depends on whether you want to drive your career path toward mastering finance education or you want to amplify your growth as a professional. However, there must be a balance between your long-term vision and the career path you choose for yourself after the ACCA course. 

We have seen thousands of ACCA rise and reach their maximum potential over the years, and we are the best to introduce you to the best possible choices after studying ACCA. So, let’s explore the options you have after completing the ACCA course. 

An MBA Can Be Your Choice 

You have the option to appear for the CAT (Common Admission Test) right after the completion of your ACCA course. Pursuing an MBA will help you escalate your skillsets and experience as a professional. Also, having the MBA degree by your name will help you set yourself apart in terms of future job and professional opportunities. 

CFA Is An Exciting Choice After ACCA 

Thousands of ACCA aspirants opt for the CFA (Chartered Financial Analyst) course after completing their ACCA degrees. If thriving in the finance sector is your utmost goal and you don’t want to set any limit to your growth, preparing for the CFA course is the best call for you. 

As a financial analyst, you can collaborate with the leading MNCs across the world after completing the CFA degree. Throughout the CFA course tenure, you will be able to upgrade your skills as a finance expert, and you can sharpen your expertise to keep yourself prepared for the upcoming opportunities. 

Make Use Of The Never-Ending Demand For Chartered Accountants 

You can also think of starting something on your own upon the completion of your ACCA degree. Taking the exceeding demand for charted accountants into consideration, you can give your career a turning point to starting up your venture. 

Initially, you can start working as a freelance financial advisor or chartered accountant, having small to medium businesses as clients. Stepping ahead, you can also plan something big if you have sufficient funds to sow the seed of a stunning future as a financial consultant. 

Investing in a self start-up will only unzip tons of opportunities for you but also help you attain the hands-on experience to grow spontaneously. 

Try Your Luck As a Corporate Treasurer

Your career as a corporate treasurer will put you face to face with new challenges every day. The job of a corporate treasurer is to ensure that an organization is equipped with adequate capital to meet its obligations. 

Opting to be a corporate treasurer lets you work with the biggest names in different industries across the globe. That’s what makes it possible to strengthen your portfolio while unveiling new paths to climb up the ladder of success. 

Work As An Auditor 

Though the aforementioned career paths are overwhelming, it’s still not a bad idea to stick to the basics and choose to be an auditor in an established and multinational accounting firm. 

Taking the risk of starting up your venture or working as a high-end professional can turn out to be fanning the flame in the initial days of your professional career. Instead, you can preferably work as an auditor to grow slowly and get yourself habituated to the fast-paced finance industry. 

The aforementioned career options are what the majority of ACCA aspirants prefer to go for. It’s wise to get adequate information about each of the paths to get clarity about where they can take you. The final call is always up to you, and you should make the decision considerately. 

What Makes ACCA a Better Course Than Others? 

Aren’t you curious about what makes you go for the ACCA course? Maybe you’re inspired by a chartered accountant relative whose earnings are jaw-dropping, or you may be advised to pursue the course by a career counselor. 

But it’s important to know what value the course adds to your career and where it will take you eventually. 

Overcome The Geographical Boundaries 

As you complete the ACCA degree with decent grades, you won’t have to remain bothered about geographical boundaries in your profession. No matter whether you’re offered a transferable position by a stellar finance organization, or you want to work abroad as a freelancer, all the doors remain open for you. 

The best part of the professional career of an ACCA aspirant is that he can work anywhere across the globe. As the course brings that opportunity to you, you can make the most out of it by accepting offers from companies around the world. That will not only expand your experience but also help you become an identifiable individual in the global finance sector. 

Add Comprehensiveness To Your Abilities 

The majority of finance experts opine that ACCA is the best possible way to upgrade the technical and management skills related to finance. That’s because the course takes students through all the vital spectrums of finance to help them attain wholesome learning experiences.  

At the end of the ACCA course, you will find yourself more comprehensive and advanced in the context of the competitive finance sector. The ACCA course trains every student to add comprehensiveness to his abilities to reach his maximum limit as a finance professional. 

The comprehensiveness you pack on your skills eventually helps you get better projects. You may get the opportunity to collaborate with some of the biggest organizations in the finance sector as an employee or as an advisor after completing the ACCA course successfully. 

Flexible Professional Schedules 

The best part of ACCA jobs is the professional flexibility that differentiates the profession from other hectic professions. Especially if you’re working as an individual professional, you get the freedom to set your professional timelines and schedules. Even there’s no hard-and-fast rule for an ACCA professional that he has to work at certain hours of the day. 

Plenty of lucrative offers and gigs will keep you surrounded as you complete the ACCA course, and you will have the freedom to say no to the offers you don’t like and accept the offers that will help you elevate your professional career. 

There’s No Limit To Your Growth 

Once you complete the ACCA course, there’s literally no limit to your growth. Every single day will bring new opportunities for you to set yourself apart from most financial consultants. 

At that point, you will be the one to decide whether you want to strengthen your organizational skills by working under an organization or you want to work with multiple clients to see all the prospects of growth. 

Every opportunity that will come your way will season you in a better manner to help you grow limitlessly as a finance professional. To be concise, limitless growth is the biggest perk of pursuing the ACCA course.

Dropouts Are Valued Equally 

Hundreds of ACCA students decide to discontinue the ACCA course in the middle as they lack the patience to complete it. The surprising fact is that the dropouts also manage to secure stable careers as financial consultants or advisors eventually. 

Yes, ACCA dropouts also have bright career opportunities, unlike dropouts of other courses. In case you fail to complete the ACCA course for certain reasons, you can still drive your career toward flourishment. 

Pursuable With Reasonable Course Fees 

ACCA is among the best inexpensive courses, and you won’t need a grant or a scholarship to pursue this course. No matter which organization you’re choosing to pursue your ACCA course from, the course fees are not likely to be too high. IMS Proschool provides every ACCA aspirant with detailed study material to help him pursue the course more efficiently. 

What Are The Eligibility Criteria To Qualify For ACCA? 

If you want to qualify for the ACCA course, your age is supposed to be above 18. Students under 18 aren’t eligible to qualify for ECCA by any means. In addition to that, the course demands specific aggregates in 10+2 exams. 

A candidate needs to secure at least 65% marks in Mathematics/Accounts and English in his 10+2 exams. Alongside, at least 50% of marks in other subjects are also mandatory to qualify for ACCA. 

You should plan to proceed with your ACCA application only if you meet the eligibility criteria mentioned already.