An accountancy qualification from the Association of Chartered Certified Accountants (ACCA) is probably the best thing for your accounting career. Because ACCA is internationally reputed, an ACCA certification can instantly enhance your career prospects and employability in the financial domain.
Career-wise, there is a wide array of options that you can choose after getting certified by ACCA. Here are a few practical career pathways that can let you make progress in your professional life after your ACCA exams.
- You can work an industry job
Even with technological innovations and automation of jobs in several industries, the demand for qualified accountants and financial resources has not died down.
An ACCA qualification can make you an attractive resource for hundreds of companies and businesses across different domains such as marketing, healthcare, sports, retail management or insurance. You can also choose any other domain like business management, engineering, media, and even the pharmaceutical industry.
The perks of an industry job usually include high pay, opportunities to visit other countries and a healthy work-life balance. Some roles in this domain include management consultants, finance managers, treasurers, fund accountants and financial auditors.
- You can join a reputed accounting firm
If you would rather work on your practical accounting skills and gain some expertise before joining an industry job, a role in an accounting firm can be the right option.
Even small accounting firms usually handle clients from different industries. Therefore, you can get enough experience in handling financial matters for businesses from different backgrounds.
An accounting firm job can also help you work on specialized accounting skills in financial disciplines like taxation, acquisitions and mergers, management consulting or forensic accounting. Although accounting firm jobs can be high-pressured, the amount of experience gained from the job is almost always worth it.
- You can supplement your ACCA qualification with another advanced degree
ACCA can open the doors for further education as well if you want to pursue an advanced degree like an MBA or a CFA.
However, pursuing an ACCA qualification can be a hectic procedure. Hence, it can be a likely scenario that you would not want to invest more time and money into getting another academic degree.
In such a case, pursuing an integrated MBA ACCA course makes more sense. This way, you need not put in extra time to get an advanced business degree and can simultaneously work for your ACCA qualification.
- You can start your own business
Did you know that Nike’s founder was an accountant himself? He has opined in many interviews that he believes accountants make for great entrepreneurs because they know the value of hard work and accuracy.
The rigorous ACCA curriculum can provide you with good business acumen and a solid foundation in different business and financial subjects. With an ACCA certification, you can start as a freelance accountant and eventually start your agency or company.
An ACCA certification can boost your career prospects in the financial domain and help you reach new career highs. Invest in a good ACCA preparatory program that can let you pass your exams on the first attempt.