Does ACCA have any scope in the future?
Asked by Anuj Kothari
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2 Answers
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Hi Anuj,
ACCA have a good scope in the present as well as future. It provides job opportunities in the following sectors:
1. Financial Services: The course gives in-depth learning that opens up many job prospects in the financial world.
2. Industry/Commerce: Another lucrative opportunity is working for MNCs, especially the Big Four
3. Public Sector: Professionals can also work for :
-Education & Health departments
-Local government organizations
-Non-Profit Organizations
The main advantage is that ACCA has global accountancy partnerships. Therefore It delivers value to accountants around the world. -
ACCA is indeed a good certification globally. But, in Indian context, it is still struggling to be relevant primarily because of already established professional certifications like CA and CMA. ACCA provides good exposure in globally relevant areas like IFRS and US GAAP. But again, in India ACCA doesn't have strong base compared to its local counter parts. A local degree course such as MBA along with ACCA can be a good combination in India.
This is my personal opinion. You may research further or take an advice from a qualified ACCA regarding the scenario in India.
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