After passing class 12th, everyone has to choose the right career path to gain an edge in this highly competitive job market. Usually commerce students go for B.com, and it has also been a safe choice. But what if you also pursue a globally recognized qualification that extends your career growth to the next level, helps you get international opportunities, and give you recognition not just in India but globally.
If you are a commerce student figuring out how to get out of the rat race, you should do ACCA along with your B. com. Trust me, this could be the smartest move. By completing this blog; you will understand, why this combination would be the best graduation choice.
Well! I can tell you hundreds of reasons to make you confident that this is the best career combination. But I don’t want to bore you with too much information, that’s why I am listing here only six solid reasons for doing ACCA along with your B. Com.
Table of Contents
1.Dual Advantage of Degree and Professional qualification
B. com takes 3 years to complete. If you are also doing ACCA along with this academic degree; you’ll earn a professional credential at the same time. While B. com degree strengthens your foundation in commerce, finance and economics, ACCA enriches you in areas like financial reporting, auditing, taxation, and strategic management.
This is the classic example of “hitting two targets with one arrow”
By the end of 3-4 years, you are not just a graduate person but you also hold a professional degree.
2. Global Recognition and Opportunities.
You know ACCA is a globally recognized professional degree. More than 180 recognize it, making it ideal for those who dream of working in USA, CANANA, UK, UAE or India. ACCA unlocks the doors to enter in the global market.
By combining these two degrees; you are shaping yourself in the right direction. You can place yourself as the right candidate for the high paying job; can be a valuable resource in any company belonging to any country.
3.Early start and strong foundation
You can start ACCA right after your class 12th exam. Most students typically start thinking about CA or other courses only after completing their B.Com. But if you do ACCA parallel with B. Com, then by the end of 3rd year; you are already industry ready and have acquired global skills.
A big advantage of doing ACCA with B. Com is that you can claim exemptions in several ACCA papers. Of course, this would be based on your B. Com curriculum. Your universities and subjects may affect the numbers of exemptions. Generally, students get 4-5 paper exemptions out of ACCA exams.
This allows you to reduce costs, avoid repeating what you have already studied in your B. Com. And one thing I forgot to tell you that this allows you to save timeas well.
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4. High employability and salary advantage
Let’s suppose you are an employer; you need to hire an employee for your company. There are two candidates in front of you, one is only B. Com passed and another candidate has done both B.com + ACCA. whom would you choose for your company? There is no doubt you will surely choose another candidate who also has a professional credential.
After completing ACCA with your B. com, you become eligible for various roles like Financial Analyst, Internal Auditor, Tax Consultant, risk manager. All these roles start with a very high salary from day one.
5.Future proof career with Global skills
Do you remember the day when first A.I model of chat gpt was launched. No one could have guessed what AI can do. And today we all knew the true potential of AI in the industry. If we take the just one sector; finance, this world of finance is evolving rapidly, with increasing adaption of AI, data Analyst. Now professionals must understand these AI tools, skills-basic accounting knowledge is no longer enough.
ACCA curriculum covers all these future oriented topics like business technology, strategic business leadership that makes you ready for tomorrow’s finance world.
Bonus: Flexibility and work life balance
ACCA passing percentage is much more than other professional courses like CA, which has lower pass percentage. ACCA also offers computer-based exams, provide you remote learning facilities. This allows you to balance your ACCA preparation with your B. Com classes. You will be surprised to know that many students even complete ACCA before B. Com.
Frequently Asked Questions (FAQ)
- What are ACCA exemptions?
ACCA exemptions will mean that you do not have to take some of the exams in the ACCA Qualification or Foundations in Accountancy, and the level of exemption you will be awarded by ACCA will depend on how much of the ACCA Qualification or Foundations in Accountancy you have completed and which qualifications you already hold. This is to prevent you from relearning the courses, and to save time and money, and money is very important for us students.
- How many exemptions can one get in ACCA after b.com?
Usually, students having B. Com degree can claim approximately 4 to 5 paper exemptions out of 13 in ACCA(GCN) but yes exemption is granted generally at knowledge and skill level. But it can depend on your university, subjects and degree.
- Will I jeopardise my ACCA qualification or opportunities by claiming exemptions?
No, it doesn’t “weaken” your ACCA certification if you claim exemptions. What counts for employers is your ultimate certification and existing skills. But only claim exemption if you are able to do so with confidence, counting on your robust understanding of those subjects.
- How to apply for an ACCA exemption with my B. Com?
You are required to submit your academic transcripts and copies of qualification certificates on the ACCA website when you register to ACCA. ACCA will assess your qualifications and advise what exemptions you can apply for. A modest publication fee is also charged per paper.
Final Thoughts
If you are really serious about your career then choosing this combination will become your strategic career investment. This is a win – win situation. You get both: a local degree and a global qualification, and prepare you for the high roles in the finance industry-both in India and abroad.
Let’s take your golden career decision. Explore our other blogs to learn more about this course, don’t do late, start early, finish early, earn fast, start to live your dream life.
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