The value of an MBA degree and ACCA totally depends on the path in which you want to streamline your career. In this article we have tried to broadly define the two, analysing how they come into play so that you can decide for yourself which one suits you the best.

What does an MBA degree entail?

A Master of Business Administration (MBA) is a graduate degree obtained from a university that provides both theoretical and practical study. It is tailor-made to assiststudents to gain a better understanding of general business management subjects. This postgraduate degree can have a specific focus, such as marketing, finance or logistics among many other fields of business.

Now a days, you can find a full-time MBA and executive MBA programmes, where full-time MBA is spread over 3-4 semesters and executive MBA refer to short-time courses. The Executive MBA programme targets to transform students into experienced managers across different industries and business sectors. The programme modules are held over long weekends and evening classes, with very intensivecourses.

How is ACCA as an accountancy qualification?

The Association of Chartered Certified Accountants (ACCA) is a professional accountancy certification, headquartered in the UK.It is not a degree programme but is a highly reputable professional qualification.

As the name of this qualification suggests, ACCA is solely focused on the field of accountancy as part of the business. You can implement it to improve your accountancy skills to manage and grow businesses, paving way for the better next step for you.

Reasons to choose an MBA after graduation

The decision to apply for an MBA programme is usually driven by two main elements. Firstly, you have already reached a certain stage of professional development in a company or business area and you want to enhance your general management skills in the fields of financial, strategic, marketing, logistics and operational knowledge. Another reason could be that you aspire to become an entrepreneur and be able to generate brilliant ideas but might lack good planning abilities to run and develop your company successfully.

If you find the need to equip yourself with knowledge and business competencies in areas where you are not necessarily strong, then considering an MBA degree is sure to help you. It can help you build strategy and operational model to acquire necessary resources to make establish a successful and assess risks, simultaneously.

Completing an MBA degree course curriculum can also help you to acquire knowledge and understanding of corporate business and operations.With all thesefeatures and more, it is suggested that you prefer to choose an MBA over ACCA to further your academic career. Send in your applications soon!