Why ACCA with BAF?
Accountancy and finance are two major components of any organization or business, and they play a crucial role in the success and growth of the business. Therefore, there is a growing demand for professionals who can manage the financial aspects of a business. The Association of Chartered Certified Accountants (ACCA) and Bachelor of Accounting and Finance (BAF) are two popular programs that offer extensive knowledge and skills in accountancy and finance. In this blog, we will discuss the benefits of combining ACCA with BAF and how it can pave the way for a successful career.
ACCA with BAF Benefits:
Combining ACCA with BAF can provide numerous benefits that are not available in either program individually. BAF provides a strong foundation in accounting and finance, whereas ACCA provides advanced knowledge and skills in accounting and financial management. Together, they create a comprehensive program that prepares students for a successful career in the field of accountancy and finance.
One of the key benefits of combining ACCA with BAF is that it provides students with a competitive advantage in the job market. Employers are looking for professionals who have a diverse skill set, and the combination of ACCA and BAF provides just that. The BAF program covers topics such as financial accounting, cost accounting, and financial management, while the ACCA program provides advanced knowledge in areas such as financial reporting, taxation, and audit and assurance.
Another benefit of combining ACCA with BAF is that it can lead to higher salaries. According to a survey conducted by ACCA, professionals who hold the ACCA qualification earn an average of 36% more than those who do not hold any professional accounting qualification. Similarly, BAF graduates also earn higher salaries compared to graduates from other disciplines. Therefore, combining the two programs can lead to even higher salaries and more career opportunities.
ACCA and BAF Salary:
ACCA and BAF are both well-known programs in the field of accountancy and finance, and professionals who hold these qualifications can earn lucrative salaries. The average salary of an ACCA professional in the UK is around £42,000 per year, while BAF graduates can earn up to £25,000 per year in their first job. However, these salaries can vary depending on factors such as experience, location, and industry.
Professionals who combine ACCA with BAF can expect to earn even higher salaries due to their extensive knowledge and skills in accounting and finance. According to a survey conducted by Robert Walters, professionals who hold both qualifications can earn up to £100,000 per year in the UK. This is significantly higher than the average salary of an ACCA or BAF professional.
ACCA with BAF Opportunities:
Combining ACCA with BAF can open up numerous career opportunities in the field of accountancy and finance. ACCA is a globally recognized qualification that is respected by employers around the world. Similarly, BAF is a well-known program that is offered by numerous universities and colleges. Therefore, professionals who hold both qualifications can access a wide range of job opportunities in different industries and sectors.
Read this blog about Where will You Stand After Completing ACCA in India
If you are interested in pursuing a career in ACCA, check out our The Association of Chartered Certified Accountants (ACCA) course. You can also fill in the form on the right-hand side and someone from our team will contact you to counsel.
