ACCA vs. Accounting Degree in Malaysia: What’s Better?
If you're planning a career in accounting or finance in Malaysia, you've likely come across two popular options: pursuing an accounting degree or enrolling in the ACCA qualification. Both are solid choices, but they serve different career goals, learning styles, and timelines. So how do you decide what’s best for you?
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This article breaks down the differences between an ACCA course and a traditional accounting degree in Malaysia, helping you make an informed choice.
1. Overview of Each Qualification
Accounting Degree:
Typically a 3–4 year undergraduate program offered by universities in Malaysia. The degree focuses on a broad understanding of accounting and business fundamentals. It's usually academic in nature and may include internships or project work.
ACCA (Association of Chartered Certified Accountants):
A globally recognized professional qualification from the UK. It includes 13 exams (divided into 3 levels) and requires 36 months of practical experience. It focuses on technical skills, ethics, and leadership, and is more job-focused than a degree.
2. Recognition and Career Scope
ACCA:
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Globally recognized in over 180 countries
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Preferred by international employers, including Big Four firms
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Makes you eligible to work in diverse sectors—audit, tax, finance, consulting, and more
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Offers greater international mobility
Accounting Degree:
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Recognized locally (within Malaysia) and by certain international universities
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Good for entry-level roles in Malaysia
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May require further certification (like ACCA, CPA, or MIA) to advance to senior roles
Verdict:
If your goal is international exposure, ACCA courses in Malaysia give you a global edge.
3. Duration and Flexibility
Accounting Degree:
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Fixed 3–4 years
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Structured academic calendar
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Involves lectures, assignments, exams, and sometimes a thesis
ACCA:
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Flexible learning pace
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Can be completed in 2.5 to 4 years depending on study mode and exemptions
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Suitable for working professionals and part-time learners
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Exams held four times a year (March, June, September, December)
Verdict:
ACCA offers more flexibility, especially if you’re working or want to study at your own pace.
4. Course Content and Skills
Accounting Degree:
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Covers accounting, finance, marketing, economics, and business communication
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Balanced between theoretical and practical knowledge
ACCA:
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Focuses on technical accounting, financial reporting, auditing, taxation, and strategic leadership
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Emphasizes real-world application, ethics, and professional judgment
Verdict:
For hands-on, career-ready skills, ACCA coaching prepares you more directly for finance roles.
5. Cost Comparison
Accounting Degree:
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Total cost ranges between RM 30,000 to RM 70,000, depending on the university and program
ACCA:
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Total cost typically ranges from RM 10,000 to RM 20,000, including tuition, registration, and exam fees
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More cost-effective for many students, especially with flexible payment options
Institutions like Hamzah Academy provide high-quality, affordable ACCA coaching in Malaysia, making professional certification accessible for a wide range of students.
6. Which One Should You Choose?
Choose ACCA if you:
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Want a globally recognized qualification
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Plan to work in multinational firms or abroad
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Prefer practical, job-ready skills
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Need a flexible study path
Choose an Accounting Degree if you:
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Prefer a structured campus experience
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Want to explore broader business topics
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Are not yet sure if accounting is your long-term goal
Some students even combine both, doing a degree and pursuing ACCA simultaneously or afterward for a career boost.
Final Thoughts
Both ACCA and accounting degrees offer value, but they serve different purposes. If your goal is to become a globally respected finance professional, ACCA courses in Malaysia provide a faster, more focused, and internationally aligned path.
For personalized support, flexible scheduling, and expert-led classes, Hamzah Academy is one of the top choices for aspiring ACCA students in Malaysia.
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