Hey everyone,
I’ve been seeing so many posts here asking things like "Is ACCA worth it?", "Can I move abroad right after?", or "Is ACCA a scam?"
I’m an ACCA affiliate myself. I was born in the Middle East and I'm finishing up my degree now. Plus, I already have a campus placement, so I’m speaking directly from what I’ve actually seen and experienced in this space.
To answer the first question: no, ACCA is definitely not a scam. It adds good value to your profile compared to a normal university graduate because you are doing a globally respected professional course.
The main issue right now in India is the heavy marketing around exemptions. Coaching institutes hyping it up created a huge supply of students entering the course. But a lot of people start and don't actually finish all the exams. As long as you complete all your papers, you'll be totally fine.
Now talking about the job market, I see many part-qualified people or fresh affiliates struggling to get a job. This usually happens because most companies strictly want candidates with a normal offline undergraduate degree. On top of that, companies naturally prefer candidates who are fully qualified rather than part-qualified. Experience also plays a massive role here. If you're an affiliate with zero experience or internships, you don't know much practical work yet, and employers don't want to teach you everything from scratch like basic Excel or working in a team.
Another common thing I see is people constantly comparing ACCA with CA in India, which makes no sense. You are in India, so obviously Indian companies prefer a CA because it is the local accounting course. Every country prefers their own local accounting qualification. ACCA is respected and valued mostly by MNCs, Big 4s, and global capability centers. On top of that, you cannot compare a CA's higher starting pay or faster opportunities to a fresh ACCA affiliate. To become a fully qualified CA, they go through mandatory 2-year articleship training working 8 to 10 hours daily for peanuts in stipend. They have already ground out 2 full years of practical work experience before even qualifying. A fresh ACCA affiliate without experience is simply not at the same stage. You should only compare CA salaries once you become a full ACCA member with actual experience.
Getting an internship without referrals is hard, but you have to go out of your way. What I personally did was search for target companies on LinkedIn, find employees working in my area, send them direct requests, and message them. That’s how I got referrals and landed my opportunities. Make sure to also check the ACCA career portal regularly.
Regarding moving abroad right after qualifying, if you don’t have a valid residency in Europe or the Middle East, or family living there, you won't just get job calls from abroad straight after finishing your exams. Overseas companies always prefer local talent over sponsoring a fresh graduate's visa. Also, having an offline undergrad degree is usually required for visa processes.
The most practical path is to work in India first, get 2 to 3 years of good work experience, ideally at an MNC or Big 4, and then look for internal transfers or apply abroad through LinkedIn and the ACCA job portal.
Lastly, some people think they can just move to Europe or the UAE as a student, do an MBA or finish ACCA, and easily settle down there. But remember, you are going there on a student visa. Getting a job and settling down after is really hard because local employers still prefer local candidates. It’s not impossible, but it takes a lot of money, risk, and sacrifice.
At the end of the day, ACCA is a great qualification to pursue, but it isn’t a quick magic trick. Get an offline degree, grind for practical experience early on, and be proactive.
Cheers.🫡