Is the ACCA OBU degree worth pursuing, or should I opt for a traditional bachelor’s degree?
I have the choice between the ACCA OBU degree and a regular degree, like a Bachelor’s in International Business and finance.
I’ve also heard that waiting until 2026 for ACCA’s new degree could be beneficial, as many people believe it will be more valuable.
I’m feeling a bit uncertain about my next steps. Any advice would be greatly appreciated!
EDIT: I’m from Sri Lanka.
One response
Deciding between the ACCA OBU degree and a traditional bachelor’s degree is an important choice and depends on your personal career goals and circumstances. Here are some factors to consider:
Recognition and Value: The ACCA OBU degree is well-recognized globally, especially in the Accounting and finance sectors. If you aim to work in Accounting, auditing, or finance, having an ACCA qualification can give you a significant edge. Traditional bachelor’s degrees, such as in international business and finance, can also be valuable, but their recognition may vary depending on the region and industry.
Course Structure and Content: The ACCA OBU degree is focused primarily on Accounting and finance, which might be beneficial if you’re certain about pursuing a career in these fields. On the other hand, a broader degree in international business & finance might open doors to various roles in business management, marketing, and international relations. Consider what subjects excite you more and align with your career goals.
Time and Flexibility: ACCA can be quite rigorous and may take longer due to the exam requirements. A traditional degree may offer a more structured schedule and a varied educational experience. Determine which format works better for your learning style and lifestyle.
Future Opportunities: Since you mentioned the possibility of a new ACCA degree being released in 2026, it could be worth investigating what changes are expected and how they will enhance the qualification’s value. If networking and experiences from a traditional university degree interest you more, pursuing a bachelor’s degree now may offer better opportunities in the short term.
Your Career Goals: Think about your long-term career aspirations. Do you want to work as a licensed accountant, or are you considering roles that might benefit more from a broader business education? Research the industries you are interested in and see which qualifications they value more.
Regional Relevance: Since you are in Sri Lanka, consider how employers in your country view both qualifications. Reach out to professionals or mentors in your field to gather insights about local preferences regarding ACCA vs. traditional degrees.
Ultimately, both paths have their merits. It can be helpful to weigh these factors based on your personal situation, and perhaps seeking advice from current ACCA professionals or university alumni could provide more clarity. Good luck with your decision!