The economy has revived after the slump induced by the global pandemic. Businesses are flourishing, and there is a pressing need for experts to handle large businesses. This is where a Chartered Accountant(CA) steps in. They are the professionals who are capable of handling accounts, finance, and tax-related operations in a company. To become a CA, you need to complete the CA course, which is offered by various professional bodies in different countries. Just like the ICAI in India, the UK has ACCA (Association of Chartered Certified Accountants). ACCA Universities in the UK are popular because of its world-class curriculum and the abundance of job opportunities for those who complete the course. In fact, there is a large population of international students currently pursuing ACCA courses in the UK. In this post, we will understand the different universities offering ACCA courses. But first, let us understand why you should study ACCA in the UK.
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Why study ACCA from the UK?
Here are the top reasons to study ACCA from the UK –
- The UK has some world-renowned universities offering the ACCA program. Graduating from any of these universities will surely place you in some of the top companies in the world.
- The UK is the only country in the world that offers premium ACCA courses at a significantly lower cost as compared to other countries such as the USA, Australia, and so on.
- Though the cost of living is high, the high salary packages you receive after completion of the course compensate for it.
- Another major benefit of studying ACCA in the UK is the post-study work permit or visa. Students can stay in the UK for two years after graduation till they get a job.
List of ACCA Universities in the UK
Here are the top ACCA universities in the UK that are really popular among international students-
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University of South Wales
The University of South Wales offers an advanced ACCA course that focuses on the areas of accountancy and financial management. The University of South Wales is an ACCA Platinum Approved Learning Partner, which is the highest accreditation level for learning partners. The university offers a blend of theoretical and practical experience that makes the students become experts in the ACCA community.
Entry Requirements
- A minimum of two A levels and three GCSEs or equivalent in English and mathematics.
- English language proficiency with a minimum score of 6.0 in IELTS is mandatory.
- Students who do not have the required GCSEs can apply for the foundation in accountancy program, while those with the necessary qualifications can directly apply for the ACCA.
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Tuition Fee
Around £540 per module for the entire duration of the course.
Admission Process
The admission process starts with the submission of the application form that is available on the university’s website. Before starting your program, you must be a registered ACCA member. Only members will be allowed to take part in the exams and other activities.
Birmingham City University
The Birmingham City Business School offers an MSc program in International Professional Accounting with ACCA standards. The MSc course is directly offered by the professional ACCA body. The curriculum is designed in such a way that the students receive the best training in accountancy, thereby boosting their employment prospects.
Entry Requirements
- Students must have completed or should have an exemption from the Applied Knowledge and Skill Level ACCA examinations.
- A first-class degree in accounting, finance, or any business-related program.
- A minimum score of 6.0 in IELTS
Tuition Fees
Around £16,000 for the entire duration of the course.
Admission Process
Students can download the application form from the university website and submit it within the deadline for that cycle. In addition to the application form, students should also submit a personal statement expressing their interest in the course mentioning their academic and professional experiences. Students should also register for the ACCA membership to be admitted to this university.
Glasgow Caledonian University
Situated in Glasgow, Scotland, this university offers an ACCA course that promises a rewarding career for all the students in the finance sector. It charts a clear path for its students to become qualified accountants in organisations of any type and size. GCU has acquired the Gold learning partner of the ACCA body.
Admission Criteria
- An undergraduate certificate from a recognised university with majors in business or finance-related courses.
- A minimum of 6.0 in IELTS
Tuition Fee
Around £15,000 for the entire duration of the course.
Admission Process
The admission process starts with the submission of the application form and the academic transcripts. Apart from this, you must also apply for the ACCA membership to be eligible to attend the program and take part in the exams.
University of Bolton
Ranked among the top 50 best universities in the UK in the Guardian league tables, the University of Bolton offers an MSc in finance and accounting, which is accredited by the ACCA. The university also offers an ACCA Strategic Professional Level course on both a full-time and part-time basis. Moreover, the university has a gold partner status from ACCA, which gives students an edge during their job-hunting process.
Entry Requirements
- An honours undergraduate degree in finance and accounting from a recognised university
- English language proficiency with a minimum of 6.0 in IELTS
Tuition Fees
Around £13,000 for one year of the course.
Admission Process
Students can download the application form from the university website and submit it within the deadline, along with the supporting documents. They should also register for the ACCA membership to be eligible for the ACCA courses.
Dorset College
Dorset College is one of those universities in the UK that has carved a name for itself in the education sector. Its ACCA course is one of its most sought-after courses due to its knowledgeable faculty. Situated in Dublin, Ireland, this university offers various MSc and MBA programs in finance and accounting that are endorsed by the ACCA.
Entry Requirements
- A bachelor’s degree in finance or any degree with accounts as a major subject from an accredited institution
- A minimum score of 6.0 in IELTS
Tuition Fees
Around £20,000 for the entire duration of the course.
Admission Process
The admission starts with the submission of the application form and the necessary documents. A non-refundable application fee of £250 is to be paid along with the application form.
London School of Business and Finance
The London School of Business and Finance is one of the top institutions in the UK to pursue an ACCA course. This university offers you professional-level training that helps you to crack the ACCA exam with ease and also start an exciting career as a finance expert. LSBF also offers a combined degree program that combines both ACCA and a global MBA degree. This significantly increases your chances of a successful career after graduation.
Eligibility Criteria
- A minimum of 2 A-level certifications and 3 GCSEs or equivalent in mathematics and English is mandatory.
- Basic knowledge of finance and accounts
- A minimum score of 6.0 in IELTS
Tuition Fees
Around £450 per module
Admission Process
Students need to submit the application form that is available on the university website and submit it along with the necessary documents such as academic transcripts, a personal statement, and proof of ACCA membership registration.
University of Scotland
Ranked #70 by the Centre for World University Rankings, the University of Scotland is the last university on this list. It offers a BAcc (Honours) degree in accounting that is accredited by the ACCA. This baccalaureate degree in accounting provides extensive training in financial management, taxation, and auditing.
Admission Requirements
- High school graduation with accounts as a major subject
- A minimum score of 6.0 in IELTS or 78 in TOEFL
Tuition Fees
Around £58,000 for four years of undergraduate study.
Admission Process
The admission process starts with the submission of the application form along with the supporting documents. If you are applying for the ACCA baccalaureate degree program, you need to be a registered ACCA member.
Conclusion
And that concludes our list of top ACCA universities in the UK. This is by no means an exhaustive list, as there are several other world-class universities offering ACCA courses. But the bigger challenge is getting admitted to one of these universities. Thanks to high competition, it’s never easy to get inside these colleges. This is where LeapScholar can help. We are a leading study abroad consultant with a rich history of helping thousands of students pursue their preferred course from their dream college. To know more about us, click here.
Frequently Asked Questions (FAQs)
What is the fee for ACCA membership?
As we have pointed out in this post, to write any ACCA exam, you must be registered as an ACCA student. To register yourself, you need to pay a one-time fee of £89 and an annual subscription fee of £116. Every year, before January 1st, you need to pay £116 fees to sustain your membership.
What is the scope for ACCA graduates from the UK in India?
After you graduate from the UK in an ACCA course, you have a huge scope in India. ACCA is one of the really popular bodies that is known across the world. Completing an ACCA course can easily fetch you a job anywhere in the world. You will be easily recruited as financial management experts, chartered accountants, tax analysts, etc., in top MNCs of India.
Do I have to gain any professional work experience before becoming an ACCA member?
Yes, in order to become an ACCA member, you have to demonstrate relevant skills and experience in a real work environment. This is called the Practical Experience Requirement by ACCA. You need to achieve 36 months of supervised experience to become an ACCA member.
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