The ACCA course is increasingly popular and becoming a top choice for students who wish to pursue a career in accounting and finance. With the Association of Chartered Certified Accountants, professionals can easily access international opportunities, thereby improving the country’s economic condition and raising their earning potential. This blog will discuss the cost of ACCA, the duration of ACCA in Africa, and the career pathways opening up for accountants.
Overview
The ACCA surpasses the tag of just a qualification in Africa; it serves as the bridge, with over 240,000 members, offering a foundation in auditing, taxation, and financial management. African students who choose this career gain global exposure and the opportunity to work across multiple industries. The rising demand for qualified accountants in Africa is closely tied to the growth of local economies and the need for international reporting standards. As the business in Africa experiences expansion, there is an increasing demand for professionals trained in the IFRS standard, making the ACCA course particularly relevant.
The ACCA course in Africa is more than an academic qualification; it is a transforming step that helps in bridging local economies with global markets. While the cost of the ACCA course in Africa is. The ACCA course duration offers flexibility for students of different backgrounds, and the career pathways range from entry-level roles to senior executive positions across multiple industries. If you are considering the ACCA course in Nigeria, South Africa, Ghana, Algeria, Botswana, or Seychelles. This globally respected qualification ensures that African professionals remain competitive in the evolving financial environment.
Cost of the ACCA course in Africa
The cost of the ACCA course in Africa is different and varies by country, institution, and the study format (online or in-person). Students need to consider three main categories: registration and exam fees, tuition fees, and study materials.
Registration and exam fees
The initial registration fee is around $45-$100( varies slightly depending on the country and exchange rates).
The annual subscription fee is approximately $130 per year.
Exam fees are
Applied knowledge exams $120-$150 per subject.
Applied skills exams $150-$180 per subject.
Strategic professionals exams $220-$300 per subject.
Overall, the cost related to the exam is the entire qualification range between $3000 and $4500.
2. Tuition Fees
Tuition fees depend on whether a student studies online, through a local college, or via an international tuition provider. For example:
- ACCA Course in Nigeria: $400–$700 per paper.
- ACCA Course in South Africa: $500–$1,000 per paper.
- ACCA Course in Ghana: $350–$600 per paper.
- ACCA Course in Algeria: Slightly lower, around $300–$500 per paper.
- ACCA Course in Botswana and Seychelles: Around $400–$800 per paper.
Study material and miscellaneous costs
Study material from the ACCA-approved publishers like Kaplan and BPP costs between $50 and $100 per paper. In addition to that, students may need to pay for revision courses, mock exams, and exam centre fees. The total estimated cost is between $8000 and $12,000 to complete the ACCA qualification, depending on the country and study mode.
Study materials from ACCA-approved publishers like Kaplan and BPP cost between $50 and $100 per paper. Additionally, students may need to pay for revision courses, mock exams, and exam center fees.
Duration of the ACCA course
Duration
It takes three to four years in total to complete the ACCA.however, the completion totally depends on the student’s study speed and interest.
Exemption availability
Exemptions are still available if you have completed your degree in accounting and finance before.
ACCA course in specific African countries
Let us look more closely at how the ACCA course in Africa is available across the different regions.
- The ACCA course in Nigeria is popular due to Nigeria’s large economy and banking sector, and local tuition offers both physical and online classes.
- The ACCA course in South Africa is recognized by the main employers, which makes it highly competitive. The fact that tuition providers make it attractive for international students, too.
- The ACCA course in Ghana is in growing demand in the oil and gas sector, which has created opportunities for ACCA professionals.
- The ACCA course in Algeria is highly popular due to foreign investments and a push towards international accounting standards.
- ACCA course in Botswana, with the Botswana stable economy, ACCA graduates find opportunities in finance, mining, and the public sector accounting.
- Seychelles offers the tourism and financial services industries the need for global accounting expertise, making ACCA valuable.
Why choose ACCA in Africa
- Global recognition of ACCA in more than 180 countries.
- Offering flexibility, students can balance their studies and personal commitments.
- Career security gives high demand across industries, so make sure you have steady employment.
- It offers the pathway to senior roles, as many of the CFO and finance directors in Africa are ACCA members.
Consluion
In summary, the total cost and duration of the ACCA course in Africa depend on every person and vary from individual to individual. Now, students can calculate their total expense and duration, and also start their journey by keeping all the necessary points in mind. By getting the necessary information, you can step into the journey of ACCA.
Frequently asked questions
How much time does it take to complete ACCA in the Maldives?
The duration of completion of ACCA in Africa is typically 3-4 years for full-time students. With the exemptions, it may be shortened to 2-3 years.
What is the cost of the ACCA course in Africa?
The cost of the ACCA course in Africa ranges between $8000 and $12,000, covering the registration, exam, tuition, and study materials fees.
Is ACCA recognized internationally?
Yes, the course of ACCA is globally recognized, allowing professionals to work in over 180 countries.
