ACCA Course Details and their Exemptions
After completing high school education, students often choose to pursue a college degree to meet the requirements for a professional career. Among many courses, one great option is to start taking professional accounting courses like ACCA and CA right after 12th grade. Even if you decide to pursue these courses later on, like while earning a B.Com or M.Com with ACCA, you will gain valuable expertise in your chosen subject and have the opportunity to receive exemptions. Interesting right? To make an informed decision about which degree to pursue with ACCA, let me know about all the possible courses and exemptions.
Getting to know about B.Com, M.Com and BBA
B.Com: B.Com (Bachelor of Commerce) is an undergraduate degree course that is typically designed to provide students with a strong foundation in the field of commerce. It covers a wide range of subjects including accounting, finance, business management, economics, and statistics. If you are a B.Com student, you will typically learn about basic financial concepts and principles, as well as how to apply them to real-world situations. You will also learn about the various functions of a business organization and the different types of businesses that exist. Additionally, B.Com students may have the opportunity to specialize in specific areas such as accounting, finance, or marketing.
M.Com: M.Com (Master of Commerce) is a graduate degree course that builds on the knowledge and skills acquired in a B.Com program. Advanced topics in commerce like cost accounting, financial management, and international business are frequently covered. M.Com students usually concentrate on the more intricate and theoretical facets of commerce and learn how to apply these ideas in practical contexts. They also develop a greater comprehension of the many jobs that businesses perform as well as the various kinds of firms that exist. Additionally, M.Com students might have the chance to focus on particular fields like accounting, finance, or marketing.
BBA: BBA (Bachelor of Business Administration) is also an undergraduate degree course but it focuses on a broader range of business-related subjects, such as marketing, human resource management, and operations management. BBA students are exposed to the functional areas of business, such as marketing, finance, accounting, and management. They also learn about the various types of businesses that exist and the various functions of a business organization. Additionally, BBA students may have the opportunity to specialize in specific areas such as marketing, human resource management, or operations management.
In summary, B.Com is more focused on Commerce, M.Com is a more advanced version of B.Com, and BBA is more focused on overall Business Administration. B.Com and M.Com are more inclined toward the financial and accounting aspects of business administration, whereas BBA is a broader program that covers all functions of business administration.
ACCA Course Details after B.Com and M.Com
BCom with ACCA is the most common combo degree that most students frequently select. After obtaining their BCom degree, students can qualify for a number of exemptions while pursuing the BCom course with ACCA. You will learn a variety of accountancy principles, including tax, budgeting, financial accounting, performance management, financial reporting, and law and compliance if you choose to pursue a B.Com with an ACCA degree. All you need is an ACCA Gold-approved study partner like Seed financial academy if you’re worried about juggling your B.Com and ACCA. B.Com./M.Com graduates are eligible for four exemptions. The ACCA plus M.Com combination is not the best choice, though. Since you will be spending a lot of time here because you must first finish your 10+2 requirements. Following a B.Com. spend an additional two years earning your M.Com., and then begin working toward your ACCA degree. M.com will undoubtedly be very beneficial in terms of knowledge obtained, but one should also take into account the time commitment. B.Com./M.Com. graduates are eligible for four exemptions.
Students who have already earned their B.Com. or M.Com. degrees are excluded from the F1 to F3 knowledge level and the F4 skill level of the ACCA.
F1 – Technology and Business (BT)
F2 – Management Accounting (MA)
F3 – Financial Accounting (FA)
F4 – Business and Corporate Law (LW)
ACCA Course with BBA
Because it gives you the expertise of accounting and even business administration, ACCA with BBA is another very popular option. If one is pursuing ACCA after receiving a BBA, they may additionally receive one paper exemption.
The exemption fees are often hefty in all situations, but if you select Seed financial academy, your costs may be considerably lower. Simply register on our website to get started. B.Com and BBA are the finest options even though any other graduate degree with accounting ideas can assist provide you with a solid foundation for the ACCA. But ultimately, which one to choose depends on your interests. If you have a stronger inclination toward business, you might choose BBA, whereas if you’re more interested in accounting and commerce, you might choose B.com.