How Long Does It Take to Complete ACCA After Graduation

How Long Does It Take to Complete ACCA After Graduation

Qualifying for the ACCA can take anywhere between 3-4 years. However, you can complete the 13 ACCA exams faster, with the help of dedicated ACCA support courses. (Source: ACCAGlobal)

For your ACCA dreams, think of Singapore!

Singapore houses some of the best ACCA courses and offers plenty of employment opportunities to ACCA graduates.

This article will provide insights into the ACCA course duration, ACCA qualification requirements, and the benefits of pursuing ACCA courses in Singapore. We’ll also address common questions, including the cost of an ACCA course, its duration, and why pursuing an ACCA course in Singapore is the right choice for you.

What is ACCA?

ACCA, or the Association of Chartered Certified Accountants, was established in England in 1904. Today, it has grown to include 252,000 members and 526,000 future members worldwide (Source: accaglobal). The ACCA qualification is recognised in over 180 countries, making it a globally accepted credential in the accounting profession

Did you know?

Singapore is one of the largest employers of ACCA qualification holders. Upon passing the ACCA exams, you can access a range of high-paying finance roles in Singapore.

The average salary for ACCA graduates in Singapore ranges from SGD 3,000 to 5,000 per month (Source: ACCA Careers), while managers and directors with an ACCA qualification can earn upwards of SGD 10,000 per month! (Source: ACCA Careers)

Pursuing the ACCA in Singapore enhances your chances of securing top-tier employment, with many well-known firms listed in the ACCA Singapore Approved Employers directory.

ACCA Course Structure

Becoming familiar with the ACCA papers and syllabus is crucial for achieving high scores.

Here’s a brief overview of the ACCA course structure:

There are two pathways to approach the ACCA exams. For those without prior finance knowledge or fresh out of college, the foundational route is required. This pathway consists of four levels of exams:

Level 1: Applied Knowledge

Level 2: Applied Skills

Level 3: Strategic Professional

Level 4: Ethics and Professional Skills

After completing all levels, candidates must also fulfil three years of relevant work experience to qualify for the ACCA certification. This requirement applies to all candidates on the foundational route.

Why is the ACCA Completion Time Frame Shorter for Finance Graduates and Experienced Professionals?

Finance graduates and experienced professionals may qualify for exemptions from several ACCA exams, significantly reducing the time required to complete the qualification. Non-finance graduates may receive exemptions too, subject to their academic background.

Here are some commonly exempted exams:

  1. Business and Technology
  2. Financial Accounting
  3. Management Accounting
  4. Corporate and Business Law

(Source: thewallstreetschool)

How Long Will It Take to Complete ACCA?

The ACCA qualification typically takes 3-4 years to complete, though some students take longer due to common challenges such as:

  • Lack of Planning:

Effective exam preparation requires thorough planning, utilising the tools and resources provided by ACCA.

  • Limited Mentorship and Guidance:

Studying alone may increase the duration of your course. Engaging with mentors, peers, and alumni through a structured ACCA preparation programme can provide crucial support.

  • Lack of Motivation:

Staying motivated throughout the course is essential. Remember why you began this journey, and keep in mind that the effort will pay off with a globally recognised qualification.

How Much Does an ACCA Course Cost?

In Singapore, ACCA course fees start at SGD 277. However, the total cost may increase depending on additional services, such as live tuition, personal coaching, or study materials. It is also important to consider registration fees and any other supplementary costs when budgeting for your ACCA journey.

 This article was written by Rebecca Paulraj and edited by Taylor Gardner.

 

 FAQ

Q: Can I do ACCA after my degree?

Ans: Yes, the ACCA is a professional qualification open to students of any age, provided they have a valid high school diploma. Some professionals even start the ACCA course in their 50s.

Q: What is the salary of an ACCA graduate

Ans:  According to Glassdoor, an entry-level ACCA graduate in Singapore can expect to earn around SGD 3,000 to 5,000 per month, though this varies based on experience and the role.(Source: Glassdoor)

 Q: How long do acca results take?

Ans:  ACCA exam results are typically available within 72 hours after completing the exam. (Source: accaglobal)

 


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