ACCA vs MBBS: Is MBBS Easier than ACCA?

Is ACCA harder to pass than MBBS?

ACCA (Association of Chartered Certified Accountants) and MBBS are completely different career paths from two different career fields. But for those who have just passed their intermediate or about, they explore and compare numerous career options and possibilities. We have already covered ACCA and other financial-related courses like ACCA vs. CA, ACCA vs. CPA, ACCA vs. MBA, and more. This post will help those having trouble deciding between ACCA and MBBS. ACCA vs. MBBS cannot be answered with a simple yes or no. We need to go through a few things to determine which is better.

A Glimpse of ACCA and MBBS Fundamentals

ACCA (Association of Chartered Certified Accountants) is a prestigious global organization for aspiring professional accountants. It offers the values, abilities, and information required to create a whole accounting solution.

BS (Bachelor of Surgery and Bachelor of Medicine) aims to get you ready for a career in medicine. It is often given out in the UK and other nations with comparable educational systems. If you have already decided to pursue an ACCA qualification, consider enrolling in a reputed institution like Mirchawala’s Hub of Accountancy to get excellent guidance.

The information above makes it clear that these two are very different from one another. In terms of syllabus, MBBS has an intricate and never-ending syllabus, and ACCA has its own accounting lingo and complexities. If you have selected ACCA as your career option and are looking for guidance, Mirchawala’s Hub of Accountancy can be your one-stop destination for complete ACCA learning guidance. Here are a few key differences between ACCA and MBBS:

• MBBS vs. ACCA: Course Duration

In most countries, the MBBS program lasts for five years and six months. There are four and a half years of coursework and a one-year required internship. After fulfilling both requirements—the internship is a must—the student will receive their degree.

On the other hand, ACCA’s duration varies. To finish all ACCA papers (after intermediate), it typically takes 4-5 years. In addition, a three-year internship program is required in order to become a Certified Chartered Accountant. Time is a major factor when doing MBBS vs. ACCA.

• MBBS vs. ACCA: Exams

Every fifteen to twenty-five days, there are two fundamental-level exams in ACCA. Exams for the Skills and Professional modules are administered periodically by ACCA to students. Exam scheduling is a choice available to you, and you may choose to skip a session if, for whatever reason, you are not ready.

 Students who do not pass the exam must pay the entire cost back before they can take it again. Additionally, ACCA provides students with the option to pay a fee to have their paper examined by an ACCA administrator to ensure that it has been thoroughly vetted.

MBBS, however, has a distinct examination procedure. It is not a body subject to central regulation; therefore, the procedure might differ in different nations. Nonetheless, MBBS exams are required of students and are held annually in most countries. You can’t schedule your exam around your schedule like you can with ACCA.

With MBBS, there is relaxation in place. If a student fails any of the papers, a supplementary exam is scheduled forty days later, and there is little to no additional cost to the student.

• MBBS vs. ACCA: Attendance

You are not required by the ACCA body to be enrolled in college while pursuing your ACCA. It’s acceptable to miss classes or even to register for no classes at all at a college. It won’t have an impact on your ACCA ID, and choosing to take the exam won’t present any problems.

 MBBS follows a protocol that is followed by the majority of other universities. Registering for college and meeting specific attendance requirements is mandatory to take the final test. If the requirements aren’t met, you won’t be allowed to take the exam.

• ACCA vs. MBBS: Job and Internship Opportunities

 The three-year ACCA internship may begin during the time you are preparing for your papers or after they are finished. Numerous accounting firms and industrial organizations provide ACCAs with internship programs.

While some universities connect their students with various companies for internship opportunities, the majority of universities do not oversee a student’s internship. To be hired as an intern, the student must apply to respectable companies and sectors of the economy.

In terms of career opportunities after ACCA, accounting professionals are always in demand in the commercial world. ACCAs have opportunities anywhere there is business. There are more prospects for ACCAs due to a growing corporate culture and economy.

Physicians occupy the top 10 spots in Fox Business’s high-paying job rankings. It’s the only job where there are always positions available. For doctors, there are jobs everywhere there are people.

Regarding the year-long internship program, nearly every medical college nowadays oversees the enrollment of its students in internships. After completing their coursework, students are moved to a hospital to hone their practical MBBS skills. Students find placement less challenging, if at all.

Summing up on ACCA vs. MBBS

ACCA and MBBS both have advantages and disadvantages when taking into account the above factors. Exam scheduling for ACCA is far more flexible, and MBBS students have no trouble locating a decent job.

In summary, MBBS is more challenging than ACCA because of its rigid requirements and attendance problems, whereas ACCA is longer and has more rigorous test requirements, making it a harder program to finish. If you wish to know more about the ACCA course or have queries regarding this blog, feel free to contact us. We will be happy to help you.

Frequently Asked Questions (FAQs)

Q: Is accounting easier than medicine?

Ans: All doctors are (or were) incredibly hardworking because there is no other way to earn a degree; nevertheless, not all doctors are exceptionally clever. Which is therefore more difficult? Naturally, medicine. Not because it’s hard to understand and study, but rather because there’s a ton of material to get understood.

Q: Who makes more money—doctor or ACCA?

Ans: While the average ACCA salary is around 10 LPA, that of an MBBS doctor might vary from 2.5 LPA to 15 LPA. However, the salary of an ACCA or MBBS professional can vary, depending on their area of expertise, level of experience, and the industries they operate in. Check out this blog on ACCA salary in India for a better understanding. 

Q: ACCA or MBBS, which is tough?

Ans: ACCA and MBBS both are challenging, and both cater to different intertests. MBBS works on understanding and treating the human body, while ACCA involves complex and financial and accounting topics.