Is the ACCA OBU degree a good investment, or would a standard bachelor’s degree be a better choice? I have the opportunity to pursue the ACCA OBU degree, but I could also opt for a traditional degree, such as a bachelor’s in international business and finance.
I’ve heard that ACCA is planning to release a new degree in 2026, and many people believe it will be more valuable.
I’m feeling a bit uncertain about what to do next. Any advice would be greatly appreciated!
EDIT: I’m currently based in Sri Lanka.
One response
Deciding between the ACCA OBU degree and a traditional bachelor’s degree can be challenging, and it depends on your career goals and personal circumstances. Here are some factors to consider:
Career Aspirations: If you aim to work in Accounting, finance, or Audit, the ACCA qualification could be highly valuable. It’s globally recognized and can lead to professional roles. On the other hand, a normal bachelor’s degree may provide a broader foundation in business but might not be as specialized for Accounting roles.
Industry Recognition: The ACCA qualification and its degrees are well-respected, particularly in finance sectors. If you’re in a region where ACCA is recognized and valued, that might tip the scale in favor of the OBU degree.
Future Changes: Waiting for the new ACCA degree in 2026 could be beneficial if there’s a consensus that it will hold more value in the job market. However, consider what you can do in the meantime—gaining work experience, networking, or even starting with the current ACCA qualification.
Local Context: Since you’re in Sri Lanka, look into the demand for ACCA vs. traditional degrees in your country. Speak to professionals in the field and recent graduates to gauge which qualification is more advantageous in the job market.
Flexibility and Duration: The ACCA path can allow you to work while studying, which might provide practical experience alongside your qualification. Consider which option aligns best with your current situation and learning preferences.
Financial Aspects: Compare the costs involved in pursuing each qualification and think about the return on investment in terms of potential salary and career progression.
Ultimately, weigh the pros and cons of each based on your career goals, local opportunities, and personal preferences. Speaking to mentors or career advisors can also provide clarity as you make your decision.