How to Pursue ACCA in Malaysia: Eligibility, Fees, and Career Scope

The Association of Chartered Certified Accountants (ACCA) is a globally recognized qualification for aspiring accountants and finance professionals. In Malaysia, ACCA has gained immense popularity due to its international credibility and vast career opportunities. This guide provides a comprehensive overview of the eligibility criteria, fee structure, and career scope for pursuing ACCA in Malaysia.

Eligibility Criteria for ACCA in Malaysia

To enroll in the ACCA qualification program in Malaysia, students must meet specific academic requirements. The eligibility criteria include:

• SPM/O-Level Holders: Must complete the ACCA Foundation in Accountancy (FIA) before proceeding to the ACCA qualification.
• STPM/A-Level Holders: Must have at least 2 principal passes and 3 credits, including English and Mathematics.
• Diploma/Degree Holders: Relevant accounting or finance-related diplomas and degrees may grant exemptions from certain ACCA papers.
• Other Professional Qualifications: Students with professional accounting certifications may qualify for exemptions based on ACCA’s exemption policy.

Fee Structure for ACCA in Malaysia

The cost of pursuing ACCA in Malaysia varies depending on the mode of study, exemptions, and exam attempts. Below is a breakdown of the estimated fees:

• Initial Registration Fee: MYR 400 (one-time payment)
• Annual Subscription Fee: MYR 600 (payable yearly)
• Examination Fees:
• Applied Knowledge Level: MYR 600 - 900 per paper
• Applied Skills Level: MYR 900 - 1,200 per paper
• Strategic Professional Level: MYR 1,500 - 1,800 per paper
• Tuition Fees: MYR 3,000 - 15,000 per year, depending on the institution and mode of study (online or offline)

Students can reduce costs by applying for scholarships or exemptions based on their previous qualifications.

Career Scope for ACCA in Malaysia

ACCA qualification opens doors to numerous career opportunities in Malaysia and globally. Some of the top career prospects include:

1. Public and Private Accounting Firms

ACCA professionals are highly sought after by leading accounting firms such as PwC, Deloitte, EY, and KPMG. They can work in audit, tax advisory, and financial consulting.