ACCA Course Cost in Malaysia
ACCA Course Cost in Malaysia: An In-depth OverviewÂ
ACCA is a prestigious accounting qualification that enables you to become an international accountant since it is a worldwide certification accepted in more than 180 nations. Unlike an accounting degree that encompasses several different topics, ACCA offers greater in-depth and specialized expertise in accounting, particularly at the professional level, in contrast to an accounting degree that covers a wide range of disciplines. To train students to become progressive professional accountants, ACCA integrates technical, ethical, and professional skills in its curriculum.
In terms of career scopes, ACCA offers excellent career opportunities. Companies from across the world value the ACCA as a prominent qualification. 90% of employers believe ACCA has a significant role in the development of the international accounting profession, and 91% believe it is a highly encouraging ethical standard.
Every student who wants to become an ACCA needs to pay some fee for registration, exam, and membership. In this article, we give an in-depth view of the ACCA course cost in Malaysia. Malaysia is a well-known location for ACCA studies because of its great atmosphere, excellent schools, and affordable ACCA course fees.
 In Malaysia, ACCA course costs generally vary between RM10,000 and RM15,000 (about $2,200 to $3,300) annually. Besides, you would also need to pay exemption fees if you were qualified for exemptions. However, this would change based on your eligibility at the time. But before we discuss more on the ACCA course cost in Malaysia, let’s quickly check the fundamentals of ACCA, its syllabus, and its significance.Â
Fundamentals of ACCAÂ
ACCA (The Association of Chartered Certified Accountants, is one of the top global associations for qualified accountants. It provides the Chartered Certified Accountant credential, which is founded on internationally accepted auditing and accounting standards.
The Syllabus of ACCA: A Quick Overview
There are 14 exams in the ACCA syllabus. The Fundamental level includes 9 examinations (F1–F9). From the professional level, you must complete 5 exams before receiving your certification. This comprises the mandatory P1, P2, and P3 papers, followed by two of the four optional P4, P5, P6, and P7 examinations. Every year, there are four paper exam sessions, and for certain papers, computer-based on-demand exams are also offered.
The ACCA Course Cost in MalaysiaÂ
The ACCA Exam is administered four times a year: in March, June, September, and December sessions. Because the ACCA fee structure demands payment in GBP, the cost of obtaining ACCA in Malaysia is susceptible to exchange rate fluctuations. All required fees must be paid before the beginning of each semester.
ACCA Exam Fees vary by subject, save for papers excluded from our graduating degree (F1 – F7), and are subject to change at any time. Here is a breakdown of the ACCA course cost in Malaysia. The overall cost of acquiring the ACCA qualification in Malaysia can vary based on numerous factors:
- Registration cost: ACCA Global charges a one-time registration cost of RM 500.
- Annual Subscription Cost: A RM 754 annual subscription cost is required.
- Exemption Fees: According to your past qualification, you can be qualified for exemptions from several tests, which would lower the total exam cost.Â
- Exam Fees: The cost of the exam varies based on the level (professional, skilled, and knowledge). RM75 for knowledge level, RM 710 for skill level, and RM 789–RM 820 for professional level.
- Tuition Fees: Depending on the provider and the degree of assistance provided, the price of study materials and tuition for online or in-person coaching sessions can vary greatly, from RM 2500 to RM 1000.
Frequently Asked Questions (FAQs)
Q: What is the equivalent of ACCA?
Ans: After completing the first nine papers, the ACCA Qualification is regarded as being on par with the degree standard. The Strategic Professionals level, on the other hand, is similar to a master’s degree.
Q: What are the major expenses of ACCA courses in Malaysia?
Ans: ACCA course cost generally covers the registration, examination, exemption (if applicable), and annual subscription fees.
Q: How much does it cost to become an ACCA in Malaysia?
Ans: The ACCA course cost in Malaysia might vary from RM 15,000 to RM 40,000. However, the exact fee varies according to the location, institution, and timing.Â
The entire cost of tuition, including CAT qualifying, will be between RM 50,000 and RM 60,000.