ACCA EXEMPTIONS FOR MBA
Published on: January 27, 2025
ACCA (Association of Chartered Certified Accountants) offers exemptions for MBA graduates based on the content of their degree programs. The extent of exemptions depends on the specific courses completed during the MBA that align with ACCA's syllabus. Here are the key points regarding ACCA exemptions for MBA holders
ELIGIBILITY CRITERIA FOR EXEMPTIONS
Students who have completed their graduation in commerce can pursue ACCA courses from the Skill Level onwards bypassing the Knowledge level. The number of paper exemptions available to them also depends upon the university from which they acquire their graduation or post-graduation.
- Relevance of Coursework: The courses taken during the MBA must closely match ACCA's syllabus to qualify for exemptions.
- Accredited Institutions: Graduates from universities or institutions that have a partnership or recognition agreement with ACCA may have a clearer path to obtaining exemptions.
BENEFIT OF EXEMPTIONS
1. Time Savings:
- MBA graduates can claim up to nine exemptions from ACCA exams, allowing them to fast-track their qualification process. The benefit of nine exemptions is available only if they had pursued an integrated course.
2. Cost Efficiency:
- By skipping foundational papers in the Knowledge and Skills levels, graduates save on exam fees, study materials, and preparation costs.
3. Enhanced Career Opportunities:
- The combination of an MBA and ACCA qualification provides a competitive edge in the job market.
4. Increased Confidence
- Receiving exemptions acknowledges the educational achievements of MBA graduates, boosting their confidence as they transition into advanced accounting roles.
5. Access to Professional Networks:
- Both MBA programs and ACCA membership provide access to extensive professional networks, offering opportunities for mentorship, career advice, and job placements.
WHAT IS THE SALARY RANGE FOR PROFESSIONALS WITH BOTH ACCA AND MBA QUALIFICATIONS?
The salary range for individuals possessing both ACCA and MBA across different regions is as follows :
ACCA EXEMPTION FEE PER PAPER
Exemption fees: An exemption fee is charged for each ACCA exam you are awarded an exemption from. It is estimated at £ 250 + £ 8 (transaction costs)
WHY CHOOSE ACCA+MBA?
At Triple I, students are offered the ACCA course along with an MBA Elective in International Finance and Accounting from Jain University. Jain University is India's Online Accredited Program providing the highest level of exemptions toward ACCA Professional Qualification. It is an industry-designed curriculum that blends accounting, finance, and management courses and provides personalised support through dedicated program managers.
The benefit of ACCA + MBA to students is as follows :
1. Dual Qualification
2. 9 paper exemptions
3. Global recognition
JAIN UNIVERSITY SYLLABUS
1st YEAR SYLLABUS
2nd YEAR SYLLABUS
COURSE REGISTRATION
1. Eligibility
The candidate should be a degree pass out. The degree certificate is a must for registration.
2. Documents needed for registration
(i) a valid email address
(ii) a valid mobile number
(iii) passport-size photo
(iv) Class 10th certificate
(v) Class 12th certificate
(vi) Degree mark sheet or certificate
(vii) copy of signature
3. Steps for registration
Search "Jain Registration" in your registered mail ID with Triple i
Click the Link in the mail to apply for an MBA
Fill & Upload the required Documents
Finish Online Payment
Verify the application status
You will get access to LMS within 2 weeks
FAQS
1. How long does it take to complete the ACCA course?
It takes around 2-3 years. However, the duration depends upon an individual’s pace of clearing exams and prior exemptions available.
2. What is the average cost of doing ACCA?
The average cost of doing ACCA is estimated to be Rs. 2.5 lakhs.
3. Is additional fees required to be paid on availing exemptions?
Yes, exemption fees of £ 250 + £ 8 (transaction costs) per paper are charged on availing exemptions.
4. Is ACCA a globally recognised profession?
ACCAs are the UK Chartered Accountants and are recognised in over 180+ countries.