Accountancy roles serve as a bedrock for comprehensive financial management, strategic growth, and the maintenance of ethical business practices. They build investor confidence and evaluate performance for better business operations. They shoulder various responsibilities, from financial reporting and largely contribute to the stability and growth of an organisation.
Students pursuing an accountancy career often choose the globally recognised ACCA credential. The Association of Chartered Certified Accountants, UK, grants this global certification.
If you also aspire to build a flourishing career as an ACCA, here’s your one-stop guide on essential details, including the ACCA course fees and duration.
ACCA Course Duration
The duration for the completion of the ACCA certification varies. If you successfully clear the exams in your first attempt, you could anticipate completing the course within a timeframe ranging from 6 months to a maximum of 2 years.
However, there are various stages during which you can pursue the ACCA qualification. The duration of completion also depends on the stage you enter the course.
Below are the exemptions and duration of the ACCA after grade 12, graduation, and each stage of the CA exam.
After 12th Grade
You can embark on your ACCA journey after finishing your 12th-grade studies. Students are required to take all 13 papers within the ACCA curriculum. No exemptions are granted to students who take up the certification after 12th grade.
The ACCA course duration after 12th usually spans 2.5 to 3 years and requires comprehensive preparation and evaluation.
However, you must note that to pursue this certification, you must complete your 10+2 examination with an overall aggregate of 65%, specifically in Mathematics or Accounts and English, while maintaining a minimum of 50% in other subjects.
After Graduation
A bachelor’s degree opens another avenue for pursuing ACCA. Graduates benefit from substantial exemptions, with up to 4 papers waived from the 13-paper ACCA curriculum.
For those who complete their bachelor’s degree in commerce, exemptions from 4 papers can be secured. These papers are Business and Technology, Financial Accounting, Management Accounting, and Corporate and Business Law. This strategic advantage significantly streamlines the ACCA course duration after graduation, reducing it to approximately 2 to 2.5 years.
After Indian Accountancy
One can also pursue the ACCA certification after each stage of CA. Here’s all about the ACCA course duration after CA:
After CA Foundation
If you have cleared the Foundation CA (CPT) examination and are yet to finish your graduation, you get no exemptions towards the ACCA papers. However, once your graduation is complete along with the Foundation CA exams, the exemptions as previously detailed come into play. This translates to a streamlined ACCA course duration of approximately 2 to 2.5 years, leveraging the exemptions to expedite the journey.
After CA Inter
Upon completing the Inter CA exam (IPCC), you will get a few advantages in your ACCA journey. Individuals clearing the Inter CA exam are eligible for exemptions from up to 5 ACCA papers. These papers are Business and Technology, Financial Accounting, Management Accounting, Audit and Assurance, and Taxation.
This strategically positions you to complete your ACCA journey in approximately 1.5 to 2 years if you focus on diligent preparation. This expedited duration capitalises on the gained exemptions, offering a focused and efficient approach to acquiring robust expertise in accountancy and finance, thus paving the way for accelerated professional growth.
After CA Final
Completion of the CA journey or success in the Final CA exam extends significant advantages toward pursuing the ACCA qualification. Those achieving this milestone can secure exemptions from 9 of the 13 ACCA papers, covering the Knowledge and Skill level exams.
These papers include Business and Technology, Financial Accounting, Management Accounting, Audit and Assurance, Performance Management Taxation, Corporate and Business Law, Financial Reporting, and Financial Management. With these exemptions, the remaining 4 ACCA exams can be easily cleared in approximately 1 to 1.5 years with grit and determination.
ACCA Course Fees
To calculate the ACCA course fees after 12th, ACCA course fees after graduation, and ACCA course fees after CA, all you need to do is add up the fee for the papers you must attempt based on your current qualification.
If you are looking for a comprehensive course to guide you in becoming a qualified ACCA, check out the ACCA online prep program and the ACCA classroom bootcamp for offline guidance offered by The WallStreet School.
Refer to the table below for a better understanding of the ACCA course fees at The WallStreet School:
| Level | Fee in INR |
|---|---|
| Knowledge-Professional (13 papers) | 2,60,000 |
| Knowledge-Skill (9 papers) | 1,70,000 |
| Skill-Professional (9 papers) | 2,00,000 |
| Skills-Professional (9+4 papers) (Only applicable to Delhi University Students) | 2,30,000 |
| Skill-Professional (7 papers) | 1,65,000 |
| Professional (4 papers) | 1,30,000 |
Conclusion
Embark on the journey to become a global CA with the help of the ACCA qualification. Pursuing the ACCA qualification will be a transformative step towards a rewarding and dynamic career. The ACCA qualification paves the way for exciting opportunities for professional success, offering higher earning potential and expanded horizons.
Get the opportunity to be trained by leading industry experts with over 20 years of experience and avail benefits like 100% placement assistance, exhaustive prep material, and more at The WallStreet School, India.
Elevate your accounting career with the online ACCA Prep Program or a live/classroom ACCA bootcamp, by The WallStreet School today!
Get in touch with us via email or phone (+91-9953729651)
FAQs
- Can I finish ACCA in 2 years?
The ACCA course duration is usually 2 years. However, it also depends on your time and effort while preparing for the exam.
- Is ACCA expensive in India?
The ACCA course fees are on the higher side, considering the qualification is granted by an international authority. However, your fee will vary depending on your educational qualifications and the exemptions you avail.
- Is ACCA in demand in India?
Although ACCA members do not possess the signatory authority in India, they can contribute significantly to several high-value corporations. However, they are recognised in several other countries worldwide, such as the UK, Canada, Singapore, Dubai, New Zealand, Germany, and Australia, to name a few.
