ACCA Course Fees In Vietnam: The Actual Cost of Doing ACCA

Professional certificates are valuable for anyone seeking to expand their knowledge and achieve their career goals. Certification improves your professional perspectives and in this trust of organisations and companies will increase upon you. ACCA is the (Association of certified chartered accountants)certification in the profession of accounting and auditing. This certification needs hard work and a dedicated amount of time that makes you the best professional in the world of accounting. This article will illustrate how much an ACCA course fees and costs in Vietnam. Let us break it down for you.

Circumstances Leading to Rising demands of professional accounting service in Vietnam.

Here are the circumstances that lead to the surge of demands of professionals in accounting and finance in Vietnam

• Rise of small businesses and their incorporation in the Vietnam economy is increasing with each passing day.  
• The growing foreign investment in Vietnam and the increasing demand for stock exchange listings have led to a rise in the need for qualified accountants.

ACCA certifies that accountants and auditors in Vietnam covered primary and professional knowledge in order to meet the international accounting standard for the country.

ACCA Course Fee Breakdown Vietnam

Here is the  ACCA course fees breakdown in Vietnam ranging from registration to tuition fee. 

Registration Fee

To start with the ACCA journey students have to pay an initial registration fee. In Vietnam, the Thai fee typically is £89 (~ 2,650,000 VND).

Subscription Fee Annually

All students are required to pay an annual subscription for continued registration. Registration fee is approximately  £122 (~ 3,650,000 VND) per year. 

Exemption Fee 

If you have prior qualification you are free from certain exams. So, you do not have to pay it in certain conditions. It is almost  £89 (~ 2,650,000 VND) per exempted paper.

Exam Fees

ACCA exam fees in Vietnam  vary depending upon the level whether you register early or late. 

Applied Knowledge Exams

Early: £90 (~ 2,700,000 VND) per exam

Standard: £100 (~ 3,000,000 VND) per exam

Late: £120 (~ 3,600,000 VND) per exam

Applied Skills Exams

Early: £121 (~ 3,600,000 VND) per exam

Standard: £137 (~ 4,100,000 VND) per exam

Late: £352 (~ 10,600,000 VND) per exam

Strategic Professional Exams

Early: £155 (~ 4,650,000 VND) per exam

Standard: £173 (~ 5,200,000 VND) per exam

Late: £352 (~ 10,600,000 VND) per exam

Tuition Fees

While not compulsory it depends upon students who want to join tuition to get the strategic learning and develop discipline in studies. This will help them to compete among most of the people. However different tuition centres offer different packages for ACCA course fees and structures  in Vietnam. It will also depend upon whether you choose in person or physical learning. Therefore, the price may range from 30,000,000 VND and 100,000,000 VND for the entire course.

Professional and Ethical Skill Module

This is the compulsory module for the students for developing ethical and professional knowledge.Typically range from £85 (~ 2,550,000 VND).

Study Material 

Students have to purchase study books, practice exams and revision guides in order to prepare for the exam. Typically affordable ACCA courses in Vietnam along with study material are approximately 2,000,000 VND to 10,000,000 VND per level.

Additional Cost to Consider

If you go for in-person exams and learning, consider the travelling cost to the nearby exam and learning centre. Hidden costs of ACCA Vietnam also include the fees for rescheduling exams, re-registration and extended deadlines too. 

Below is the rough calculation for pursuing ACCA  fee in Vietnam 

Grand Total: 

130,000,000 VND to 150,000,000 VND (depending on exemptions and other factors).

Duration of Courses Available for ACCA

Certain duration of courses available for students pursuing ACCA students can choose according to their needs and life commitments. Part-time courses, full-time courses, distance education and learning online through affordable ACCA courses in Vietnam

Individual Benefits of Doing ACCA

• ACCA helps in receiving a high income in the long run.
• ACCA helps in improving personal reputation.
• It will give you definite opportunities to advance in future. 

Conclusion

ACCA(Association of chartered accountancy) study fee Vietnam structure can vary from individual to individual. However, some modules like exam fee, registration fee, subscription fee are mandatory. While, learning is optional such as tuition fee or other expenses. Students can adopt different ways of learning in-person or physical learning to cut the cost.You can choose an institution at your own will.

FAQs(Frequently asked question)

What is the income potential for ACCA professionals in Vietnam?

ACCA-certified professionals in Vietnam might earn anywhere from 15,000,000 VND to 70,000,000 VND per month, based on their expertise and employment type.

Are there any scholarships for ACCA students in Vietnam?

Yes, many educational institutions and organizations provide scholarships or reductions in ACCA course fees in Vietnam based on academic success or financial need. Additionally, the ACCA occasionally provides global scholarships.

What is the time duration to complete ACCA education?

The ACCA normally takes three to four years to complete, depending on the student’s study speed, exemptions, and work responsibilities.

What professional prospects exist after completing the ACCA?

ACCA graduates can work in auditing, financial management, tax consultancy, and forensic accounting, among other fields. They are highly valued by global organizations, public accounting firms, and financial institutions.

Can I work while studying for the ACCA?

Yes, the ACCA qualification is adaptable, allowing students to combine job and study. Many students work part- or full-time to prepare for exams.