As a commerce student, you’ve just completed one of the most important milestones in your academic career: passing your 12th standard exams. Congratulations! You’ve worked hard to get here, and now you have a world of opportunities ahead of you.
But what’s next? With so many options available, it can be overwhelming to decide which path to take. In this blog, we’ll explore one option that is worth considering: pursuing the Association of Chartered Certified Accountants (ACCA) qualification.
What is ACCA?
The ACCA is a globally recognized accounting qualification that is valued by employers all over the world aka. a global CA. It is intended to equip students with the skills and knowledge required to succeed as accountants and finance professionals.
ACCA will teach you about accounting principles, financial reporting, taxation, auditing, and more. In addition, you will develop skills in critical thinking, problem-solving, communication, and teamwork, all of which are essential in the modern business world.
Why consider ACCA after 12th?
Here are a few reasons why ACCA may be the right choice for you after completing your 12th standard exams:
- High demand for ACCA professionals:
Employers all over the world recognize ACCA as a prestigious qualification. Consequently, ACCA professionals are in high demand in a variety of industries, including accounting, finance, and consulting.
- Flexibility and convenience:
ACCA is a flexible program that can be completed on a full-time or part-time basis, depending on your needs. You can also choose to study online or in-person, which provides additional convenience.
- Competitive salary:
ACCA professionals are well-compensated for their skills and expertise. Due to their exceptional expertise, knowledge, and work ethic, ACCA graduates hold the record for earning the highest salaries in a competitive field.
- Fast-track your career:
With ACCA, you can accelerate your career by acquiring the accounting and finance industry-specific knowledge and skills required for success. ACCA professionals are frequently given more responsibilities and opportunities for advancement than their non-ACCA counterparts.
How to pursue ACCA after 12th?
To pursue ACCA after completing your 12th standard exams, you’ll need to follow these steps:
- Register for the ACCA program:
At any ACCA-accredited institute, you can enroll in the ACCA program. You will be required to provide some basic information, including your name, address, and academic credentials.
- Complete the ACCA exams:
The ACCA program consists of 13 exams that are divided into three parts; Knowledge level, Skill level, Professional level. You’ll need to pass all 13 exams to become an ACCA affiliate.
- Gain relevant work experience:
To become a member of ACCA, you’ll need to complete three years of relevant work experience.
- Apply for ACCA membership:
Once you’ve completed the exams and gained the necessary work experience, you can apply for ACCA membership. This will give you the right to use the ACCA designation after your name.
If you’re considering pursuing the ACCA qualification after completing your 12th standard exams, here are a few additional tips to help you make the most of your ACCA journey:
- Plan your studies:
The ACCA program is rigorous and requires a significant amount of time and effort to complete. It is critical to carefully plan your studies to ensure that you stay on track and meet your objectives. Make a study schedule, set goals, and keep track of your progress on a regular basis.
- Use ACCA-approved study materials:
The ACCA program is intended to be rigorous and demanding. To succeed, you must use ACCA-approved high-quality study materials. This will ensure that you are learning the correct material and are well-prepared for the exams.
The ACCA Study Hub, launching in July 2023, gives students and tutors exclusive web and mobile access to ACCA-approved study materials. The study hub provides a variety of study resources, such as practice questions, study chapters, flashcards, and quizzes.
The content in the study hub has been successfully evaluated and shown to increase student pass rates. It will be a valuable supplementary tool for enhancing course delivery and accelerating student progress.
- Join an ACCA study group:
The ACCA exams can be difficult to study for, but you don’t have to do it alone. Consider joining an ACCA study group, where you can connect with other students who are pursuing the same qualification. This will provide you with additional support, motivation, and insights into the program.
Here at SOE Global, we actively host the student community group to keep our robust learners on top of their game in all facets of the accounting industry.
- Seek out relevant work experience:
To become an ACCA member, you must have three years of relevant work experience. Start seeking out internships and entry-level positions in accounting and finance as soon as possible. This will allow you to gain the necessary experience while also making you more appealing to potential employers.
At SOE Global, we offer our students placement opportunities in top companies that kick start a whole new journey to life-long learning and success.
- Network with ACCA professionals:
Networking is an important part of establishing a successful accounting and finance career. Attend ACCA events, join professional organizations, and use LinkedIn to connect with ACCA professionals. This will allow you to make valuable connections and learn from those who have already completed the ACCA program.
To encourage active networking with the right connections, we at SOE Global host events with top companies and professionals that offer our learners the right atmosphere to start with.
By following these tips, you’ll be well on your way to success in the ACCA program and beyond.
Conclusion:
Pursuing the ACCA qualification after completing your 12th standard exams is a wise choice for commerce students looking to advance their careers in accounting and finance. With ACCA, you’ll gain the skills and knowledge you need to succeed in a competitive job market, and you’ll be well-compensated for your expertise.
A career in Accounting and Finance can be highly rewarding, both personally and professionally. With the right skills and qualifications, you can enjoy job security, career progression, and a competitive salary. However, achieving success in this field requires dedication and a commitment to ongoing learning and development.
That’s where SOE Global, the Gold Accredited learning partner of ACCA, can help. Their expert tutors, flexible learning options, and innovative teaching methods can help you achieve your goals and realize your potential. So, if you’re looking to take the next step in your Accounting and Finance career, why not consider joining SOE Global today? With their support, you can unlock a world of opportunities and take your career to new heights. It may just be the key to unlocking your full potential.