Have you successfully passed your ACCA exams in Malaysia? Now, what’s next? Keep on scrolling to know the next step!
No doubt, qualifying for the ACCA qualification is a big accomplishment, but your path is not over yet. Your professional journey begins when you embrace your career path as a professional rather than a student, put your knowledge to use in the real world, and go from planning to action.
You can explore a wide range of career paths after passing all thirteen exams, ranging from becoming a full ACCA member to beginning your career as an ACCA Affiliate. With information on job openings, next steps, and methods to improve your credentials, this blog takes you through all the different questions you may have after the ACCA qualification and gives you the right answer.
Q: What is next after the ACCA qualification?
Ans: Getting a master’s degree could be your ticket to success if you want to be at the top. With a stronger emphasis on business, an MBA can help you secure a position as a senior financial analyst or chief financial officer. An MSC, on the other hand, covers more science, technology, and math.
Q: What is the pathway for ACCA in Malaysia?
Ans: You can begin your ACCA certification journey by enrolling in the ACCA Foundation in Accountancy (ACCA FIA) after completing your SPM or O-Level. You can directly enter the ACCA qualification through the foundation-level ACCA FIA program. This curriculum takes the place of CAT as a direct route from SPM to ACCA.
Q: Should I pursue further qualifications after becoming an ACCA member?
Ans: Your career goals will determine this. To further their careers, many ACCA members work toward obtaining other credentials like an MBA or CFA.
Q: What is the best option after ACCA?
Ans: CIMA, CFA, ACA, MBA, Master of Accounting and Finance, FRM, DipIFR, Taxation credentials, PMP, Data analytics and business intelligence courses, and so on are some of the top courses to do after ACCA to further your career.
Q: How to choose the right qualifications after ACCA in Malaysia?
Ans: Which option you select will rely on your interests and skill set, but both can lead to management or analyst positions. Even some colleges offer degrees that integrate accounting and law.
Q: What happens after clearing ACCA?
Ans: The first sensible step is to begin working as an ACCA affiliate after passing all of your exams. Gaining real-world experience as an affiliate is a prerequisite for becoming an ACCA member.
Q: Is a job guaranteed after ACCA?
Ans: Of course, yes! ACCA candidates receive a fair income regardless of their position, from entry-level to senior. Experience in the financial and accounting industry may increase it.
Q: Which field is best after ACCA?
Ans: Some of the best fields after ACCA include Financial Accounting, Business Valuation, Tax Consulting, Treasury or Cash Management, Audit Manager, Financial Analyst, Management Accountant, and Forensic Accountant are among the professions that fall under this category.
Q: What are the exit opportunities for ACCA?
Ans: The majority of the recently qualified accounting peers can think about the following career choices in addition to investment banking and corporate finance:
- Analysis and Financial Planning (FP&A)
- Senior accountant.
- Product Control in a financial institution.
- Equity Studies.
- Both internal and external audits.
Q: What career options are available for ACCA members?
Ans: Members of ACCA can work in a range of industries as management accountants, finance managers, CFOs, forensic accountants, and more.
Q: Is ACCA accepted in Malaysia?
Ans: Yes! Malaysia is considered an ideal place for pursuing internationally recognized credentials like the ACCA (Association of Chartered Certified Accountants).
Q: What are the benefits of ACCA membership?
Ans: Your membership grants you access to higher-level positions and compensation in accounting and finance around the world, as well as the ability to use the ACCA designation letters.
Q: How long does it take to become an ACCA member after passing all exams?
Ans: Completing the Ethics & Professional Skills Module and the work experience required to become a full ACCA member usually takes around 36 months.
Q: Which companies hire ACCA graduates?
Ans: Financial institutions, global organizations, and Big 4 firms are among the top recruiters.
Q: Are there international career options with ACCA?
Ans: Indeed, ACCA’s worldwide recognition facilitates job advancement on a global scale.
Q: How can I enhance my ACCA career?
Ans: Staying current, networking, acquiring experience, and learning new things constantly are essential.
Q: How do I start on the path to the ACCA qualification?
Ans: Enroll in the program, register with ACCA, complete the membership criteria, pass the examinations, and get experience.
Q: What industries hire ACCA professionals?
Ans: Opportunities in accounting, finance, consulting, and other fields are available to ACCA graduates.
Q: Does ACCA provide support for members?
Ans: ACCA provides networking opportunities, professional development programs, and resources.
Q: What skills do ACCA professionals possess?
Ans: Professionals with ACCA certification are knowledgeable in financial analysis, accounting principles, and moral behavior.
