Overview:
The qualification ACCA in Maldives is sought after for its international credibility, comprehensive curriculum, and flexible learning modules. ACCA in Maldives offers a career path if you want to enter the global and finance industry. This step-by-step guide will help you in understanding how to Become ACCA certified from meeting the ACCA eligibility criteria to passing the exam. What is basic eligibility and qualifications, Registration and enrollment steps, Tuition and coaching options ACCA exam structure and preparation tips Costs and benefits.
Let’s break it down.
Step 1: Get the Basic Qualification
To start with the ACCA certification process, one must need to meet the ACCA in Maldives eligibility criteria
Minimum Entry Requirements
Completed A-Levels or equivalent with passes in five subjects, including English and Mathematics.
If you have a relevant degree (like in accounting or finance), you may be eligible for exemptions from some exams.
Alternative Routes if you do not have entry-level qualifications
If you don’t meet the minimum academic requirements, you can start with the Foundations in Accountancy (FIA) route and transition to ACCA later. If you find it difficult to understand where you stand academically or your eligibility criteria. Visit the ACCA’s Global website to get the maximum information in the Maldives to check your eligibility for the ACCA qualification.
Step 2: Enroll for ACCA Exams
Once you meet the eligibility criteria, you can proceed with the ACCA registration process. Here’s how:
- Create an ACCA account: Go to the ACCA’s Global website and register online.
- Submit documents: Provide academic transcripts, a passport-sized photo, and a valid form of ID (passport or national ID).
- Pay registration fees: This includes the initial registration fee, annual subscription, and exam fees.
ACCA Fees in Maldives (approximate):
- Initial Registration
- Annual Subscription
- Exam Fees (per paper)
Check the ACCA site to get insights into ACCA fees in the Maldives.
Tip: Always register early to avoid late fees.
Step 3: Understand the ACCA Syllabus and Subjects
The ACCA syllabus and subjects are divided into three main levels:
Applied Knowledge Level:
- Business and Technology (BT)
- Management Accounting (MA)
- Financial Accounting (FA)
Applied Skills Level:
- Corporate and Business Law (LW)
- Performance Management (PM)
- Taxation (TX)
- Financial Reporting (FR)
- Audit and Assurance (AA)
- Financial Management (FM)
Strategic Professional Level:
Essentials (2 papers)
Options (Choose 2 from 4)
- Advanced Financial Management (AFM)
- Advanced Performance Management (APM)
- Advanced Taxation (ATX)
- Advanced Audit and Assurance (AAA)
Understanding the ACCA exam structure helps in planning your study timeline. Exams are held four times a year: March, June, September, and December.
Step 4: Get Tuition for Exam Preparation
Although doing self-study is your choice, enrolling with a tuition partner increases your chances of success. Depending upon the situation or your interest, you can choose a hybrid, online, or physical study option for ACCA learning. Search for the best coaching for ACCA in Maldives.
- Expert subject tutors
- Flexible class schedules(online/offline)
- Mock exams and revision sessions
- Study material and mentorship
Some reputable tuition providers in Maldives include
- Mirchawala’s hub of accountancy
- Villa college
- Clique college
You can maximize your preparation as many of these tuition providers give one-on-one guidance and help you be able to give an excellent performance. These institutions are approved learning partners of ACCA and provide structured support throughout your journey.
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Step 5: Sit for the Exams and Gain Experience
You need to pass 13 exams (if no exemptions apply) and complete the following:
1. Ethics and Professional Skills Module (EPSM)
The online module is designed to develop your ethical judgment and professional behavior.
2. Practical Experience Requirement (PER):
36 months of relevant work experience in accounting or finance. You must show performance in specific areas and have your experience verified by a supervisor.
These components ensure that you are not only academically qualified but also practically ready for the workforce.
Benefits of ACCA qualification
- Global career opportunities
- Higher earning potential
- Professional Credibility
- Flexibility to work in multiple industries
Once you’re ACCA certified, you can explore various career opportunities after ACCA, such as:
- Auditor
- Financial Analyst
- Management Accountant
- Finance Manager
- CFO (Chief Financial Officer)
The global recognition of ACCA ensures that your certification is valued not just in the Maldives but around the world. If you’re serious about a career in finance, now is the time to invest in the ACCA in Maldives.
Conclusion
Achieving the ACCA in Maldives is a structured but flexible journey. With international recognition and local tuition support, you can confidently pursue a career in finance and accounting.
Frequently Asked Questions
Can I work while studying at ACCA in Maldives ?
Yes. Many students work part-time or full-time while studying due to the flexible exam schedule. Online learning helps in more flexible learning and makes studying easy from any part of the world.
Are there any exemptions for degree holders?
Yes. If you hold a relevant degree, you may be exempted from up to 9 exams. Use ACCA’s exemption calculator on their website.
How do I find the best coaching for ACCA in Maldives?
Look for approved learning partners like Villa College, Clique College, or MAPS College that have a track record of success.
Is ACCA recognized in other countries?
Yes. ACCA is recognized in over 180 countries, offering global mobility for finance professionals.