Many of the students ask, Is bcom Necessary For ACCA? The answer is simple is no, one don’tt pursue his Bcom for joining ACCA. Anyone completing his 12th grade from any stream can apply for ACCA. However, pursuing bcom alongside ACCA might provide one with more benefits like exemptions in particular ACCA papers also because of the speed at which it might help one to qualify faster. This article will discuss how bcom and ACCA are related, their eligibility criteria, exemptions, and career opportunities.
What is Bcom with ACCA?
The bcom with ACCA degree integrates the Association of Chartered Certified Accountants qualification into a Bachelor of Commerce degree. It combines the provision of traditional commerce education with the global certification of being an accountant in finance, accounting, and business management for international careers.
| Particular | Details |
| Course Level | Undergraduate + Certificate |
| Full-Form | Bachelor of Commerce (ACCA) |
| Duration | 3-4 years |
| Examination Type | Semester Exams |
| Eligibility | Minimum 50% in 10+2 examination |
| Admission Process | Either Merit or Entrance Exam Based |
| Total Course Fees | INR 4-5 Lakhs |
| Top Recruiting Companies | Reliance industries limited, Axis Bank, Bosch Ltd, Genpact, HDFC Bank |
| Job Positions | Accountant, Finance Manager, Finance Analyst, Chartered account |
Is Bcom Necessary For ACCA?
No, one doesn’t require a BCom degree to pursue the ACCA. Any candidate who has finished their 12th grade can start the ACCA. Depending on any stream, be it commerce, science, or arts, a student can apply for it. ACCA is more concerned with accounting, finance, and business skills, which you can learn without having a bcom background.
Most students begin with ACCA directly after school while others during their graduation. Despite not having a bcom, one can successfully pass the exams with proper study planning. The course provides the building blocks of knowledge right from the start, so even those who did not complete college have a better chance at it.
ACCA Exemptions for BCom
If you pursued or completed a bcom from an accredited state or central university, you can get five exemptions in the ACCA program. Therefore, you would only be required to take 8 out of 13 papers under the ACCA program, which makes it faster to complete the ACCA qualification. Even students in the second year of their Bcom are eligible for these exemptions, saving time and effort.
ACCA exemption after bcom makes the provision for those who strive for a career in accounting and finance. Recognizing your bcom degree exempts you from specific ACCA exams based on subjects you have already studied. This minimizes the number of courses and, subsequently, the cost, thereby speeding up the advanced-level papers and boosting your career.
Upon completing a bcom degree, students can earn exemptions for 5 ACCA qualification papers. Our ACCA Exemption Calculator will confirm the exact exemptions earned for your degree. Check your eligibility and start your journey with ACCA faster through the steps they give.
If you are eligible for ACCA exemptions after your Bcom, you can skip the following five papers:
- Business and Technology (BT)
- Management Accounting (MA)
- Financial Accounting (FA)
- Corporate and Business Law (LW)
- Taxation (TX)
ACCA Duration
The ACCA duration is different for each student based on their educational background, the number of exemptions they are granted, and the speed at which they attempt the exams. In general, it takes 2-4 years.
ACCA Duration for Undergraduates
Most start their ACCA journey after doing their 12th standard. They do all 13 papers while earning their undergraduate degree in 3 years and gain professional skills and ethics early in their life cycle.
ACCA Duration for Graduates
You will have up to 5 exemptions if you hold a bcom/BBA degree. This will reduce the number of papers that you have to clear. Therefore, you can finish ACCA in just 2 years with the help of these exemptions, making it an intelligent choice for commerce graduates who wish to obtain an international qualification quickly.
Is Bcom Necessary For ACCA FAQs
1. Is bcom Compulsory for ACCA?
No, a bcom degree is not compulsory to pursue ACCA. Anyone who has completed their 12th grade can apply.
2. What are the benefits of bcom with ACCA?
bcom with ACCA integrates commerce education with global accounting certification, providing international career opportunities.
3. Can I get exemptions in ACCA after bcom?
Yes, bcom graduates can get exemptions for 5 ACCA papers, and thus, make the qualification faster to complete.
4. How long does it take to complete bcom with ACCA?
Bcom with ACCA will takes 3-4 years.
5. What jobs can I get after bcom with ACCA?
You can be an Accountant, Finance Manager or Chartered Accountant in major companies like Axis Bank and HDFC Bank.
