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Asked: January 10, 20202020-01-10T21:43:31+05:30 2020-01-10T21:43:31+05:30

Which course is better – ACCA or MBA?

Which course is better – ACCA or MBA?
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    Amit Jugia ACCA Head at The WallStreet School
    2021-04-20T15:31:16+05:30Added an answer on April 20, 2021
    This answer was edited.

    There can't be a straightforward answer to this query.  Still, the following will be helpful to you in taking the right decision between ACCA and MBA: ACCA qualification is offered by the Association of Chartered Certified Accountants, UK and you can do it from anywhere in the world with same examinRead more

    There can’t be a straightforward answer to this query.  Still, the following will be helpful to you in taking the right decision between ACCA and MBA:

    ACCA qualification is offered by the Association of Chartered Certified Accountants, UK and you can do it from anywhere in the world with same examination and recognition.  ACCA has presence in around 180 countries and you can study, do a job or give exams from anywhere.

    However, in case of an MBA, we can’t say that it has got the same recognition and value irrespective of the Institution from which you do it.  The worth of MBA really depends from which Institution you are planning to do or have done.  You can’t compare MBA from Tier 1 Business Schools (e.g. IIM Ahmadabad, IIM Bangalore, IIM Calcutta, FMS Delhi, MDI Gurugram etc. in India) with that of an MBA from Tier 2 or Tier 3 Business Schools in India.

    The above is also evident from the fact that average salary packages of a fresher ACCA and an MBA from a Tier 1 business school normally remains in the same range i.e. Rs. 8-10 Lacs p.a.  Same goes for in-depth knowledge and experiential learning in both the programs i.e. ACCA and MBA from a Tier 1 Business School as both are application oriented and primarily case-study based approach is followed to evaluate students.  Therefore, we can compare ACCA with MBA from a Tier 1 Business School in India/abroad and we will find that both are having almost equal value.

    However, we can’t compare ACCA with MBA from a Tier 2 or 3 Business School anywhere in the world as that comparison will not be of an apple to apple.

    I hope the above answers your query.

    Best regards,

    Amit Jugia

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  2. Jayram Prakash
    2022-10-05T18:36:12+05:30Added an answer on October 5, 2022
    This answer was edited.

    The answer is ACCA. The Association of Chartered Certified Accountants is a prestigious and long-standing professional Accounting organization. Because of its global recognition, prestige, and worth, the ‘Chartered Certified Accountant’s Qualification, often known as the ACCA Qualification, is one oRead more

    The answer is ACCA.

    The Association of Chartered Certified Accountants is a prestigious and long-standing professional Accounting organization. Because of its global recognition, prestige, and worth, the ‘Chartered Certified Accountant’s Qualification, often known as the ACCA Qualification, is one of the most sought-after professional courses.

    The ACCA Qualification requires passing 13 exams, completing three years of supervised, relevant practical work experience, and passing ethics and professional skills. A student earns the prestigious ACCA Membership after completing all of these requirements.

    Because it is an internationally recognized certification with up-to-date/industry-related information, the ACCA certification when done from the Best ACCA institute in India is an excellent way to begin a career in Accounting and Finance. Apart from graduation, this is all that students should do. The flexible assessment approach makes this degree more appealing.

    Why choose ACCA?

    It is globally recognized in over 180+ markets throughout the world and has over 80 international accounting body associations.

    Put your knowledge to the test in 13 rigorous exams, demonstrating credibility and giving your CV an edge over the competition.

    Curriculum that is well-designed and updated regularly to develop industry-relevant expertise, skills, and values to prepare them to be the strategic professionals

    Long-Term Career Prospects: ACCA in India qualifies you for strategic executive management positions.

    ACCA Jobs and Salaries in India

    Financial Management, Accountancy, Business Analysis, and other positions are available to ACCA graduates in India with Big 4 companies, MNCs, banks, and accountancy firms. In India, ACCA graduates can earn between 8 and 15 lakhs per annum on average.

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