Is ACCA worth studying?

Is ACCA worth studying?

As an ACCA qualified, you’re eligible for different career opportunities in India as well as overseas. It is worth doing ACCA in India now as it is getting recognized by many of the companies and MNC’s located in India.

Is it normal to fail ACCA exam?

Failing is really common. In fact, it’s more common than a pass, if you look at the pass rates. Some students keep failing ACCA exams, over and over again. Unfortunately, if you fail once, you’re likely to fail twice when it comes to the ACCA.

Why do people fail in ACCA?

One of the biggest reasons of failure in ACCA examinations is lack of understanding of the concepts. Students spend too much time on memorizing the rote knowledge instead of understanding the underlying concepts. Knowledge can get you a few marks but knowledge alone cannot get you passing marks.

Who earns more ACCA or CIMA?

ACCA and CIMA qualified both have the almost similar salary range. Therefore, they can expect an average salary of $60,000. CIMA vs ACCA salary depends on various factors like a company, region, demand, etc.

Why is the ACCA so difficult?

This is one of the main reasons students find the ACCA challenging. Although you have ten years to complete the ACCA, many students aim to complete in 3 or 4 years. To achieve this, you’d need to be working while studying so you could meet your professional experience requirement.

Should I study for the ACCA while working?

Studying for the ACCA while working is a popular option because it allows you to continue your career, earn money and apply your learning in practice to satisfy your professional experience requirements. Plus your employer will often cover the costs of ACCA qualification. This has upsides and downsides.

Is the ACCA worth the time commitment?

Like any professional qualification, the ACCA is a big time commitment, especially if you’re working. It demands sacrifice. Sometimes you’ll be tired, and frustrated, and struggle to balance different areas of your life.

How long does it take to become an ACCA member?

Being a confident, inspiring and trusted professional comes with experience so to qualify as an ACCA member you must complete a minimum 36 months’ relevant work experience and achieve 9 performance objectives. Your time in a relevant role and performance objectives need to be signed off by a practical experience supervisor.