BSc OBU or MSc in Professional Accountancy?
Hello everyone,
I’ve come across numerous discussions regarding ACCA affiliates and members leaning towards the BSc OBU. I’m interested to learn why many choose this path when the University of London offers an MSc in Professional Accountancy as well.
What factors are guiding your choice? Is it based on cost, potential career opportunities, the level of difficulty, or other considerations? I’d love to hear your insights!
One response
Hi there!
That’s a great question, and it’s definitely a topic of much discussion among those pursuing qualifications in accountancy. Here are a few factors that might influence the decision between the BSc OBU and the MSc in Professional Accountancy:
Recognition and Accreditation: Both qualifications are well-recognized, but the BSc from OBU (Open University) is particularly valued among ACCA members as it aligns closely with the ACCA syllabus. This can be a significant factor for those looking to maintain strong ties with the ACCA network.
Career Goals: Depending on your long-term career ambitions, one might be more beneficial than the other. For example, if you are looking to specialize or move into academia or high-level consultancy roles, the MSc might carry more weight.
Cost: The overall cost of the programs can vary significantly. Generally, the BSc OBU tends to be more affordable, especially for those who are already ACCA affiliates since you might be able to leverage your existing skills and knowledge.
Flexibility and Study Preference: The structure of the programs is another consideration. The BSc OBU is often seen as more flexible and manageable for those who are working full-time, while the MSc might require a larger time commitment, depending on how it’s delivered.
Difficulty Level: Some find the BSc OBU more accessible since it typically allows for a more straightforward application of what they’ve already learned in their ACCA studies. On the other hand, the MSc may introduce more advanced concepts and require a deeper understanding of theoretical aspects.
Networking Opportunities: The MSc could offer more networking opportunities with peers and industry professionals, especially if the program emphasizes group work or collaboration.
Ultimately, it boils down to personal circumstances, career aspirations, and learning preferences. It would be interesting to hear more about others’ experiences and choices regarding this! What are your own considerations in this decision?