Scholarship for ACCA course 2025

Scholarship for ACCA course 2025

Finding a job in accountancy is challenging, but an ACCA qualification unlocks global opportunities. However, ACCA exam fees, subscription fees, and study materials can be costly. Fortunately, ACCA scholarships help cover these expenses.

To win a Simpson Scholarship, applicants must meet eligibility criteria, including passing Applied Skills exams on the first attempt, achieving merit and distinction, and submitting an application with two references.

Scholarship winners receive fee waivers, exemption benefits, membership admission support, and free access to study resources. ACCA students can check the ACCA Global website for details on scholarship opportunities and apply to take a step toward becoming an ACCA member!

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ACCA Qualification 

The ACCA qualification is a top choice in international finance and accounting. Awarded by the Association of Chartered Certified Accountants (ACCA) in the UK, it is recognized in over 180 countries.

While ACCA courses open global opportunities, the financial burden can be high. Thankfully, ACCA scholarships cover examination fees, student subscription fees, affiliate subscription fees, and study resources. Scholarships, like the Muriel Simpson FCCA Scholarship, reward merit and distinction in ACCA.

To get a scholarship for ACCA, meet the eligibility criteria, pass two Applied Skills exams on your first attempt, and submit your application with two references. Scholarships offer fee waivers, free access to learning materials, and financial support for international students.

Visit the official ACCA website to explore scholarship opportunities for 2025 and start your ACCA journey towards becoming an ACCA member!

Why Pursue ACCA Qualification?

Below are the top reasons to opt for the ACCA course:

  • Global Recognition- The leading advantage of the ACCA qualification is its global value. ACCAs get high recognition in the international job market. More than 180 countries value this certification. As a result, acquiring this qualification is your key to unlocking great opportunities in all these countries. Leading nations like the USA, UK, and India recognize this certification. 

  • Renowned Among Employers Global recognition is not the only reason for acquiring this accreditation. It is a desirable qualification among the top employers. Leading companies, including the Big 4, value the ACCA accreditation. They offer high-salary packages to ACCA professionals. Also, you can easily get a high-level position in these companies with an ACCA certification if you have prior work experience. 

  • Easy to Prepare: The ACCA body is in the UK. However, the ACCA body has more than 100 support offices. These offices offer tireless support to the aspirants. Also, most countries accepting the ACCA qualification have recognized coaching institutes for the course. As a result, you can easily prepare for the ACCA examination.

  • Flexibility—Adaptability is another reason. Students with a 10+2 educational qualification can get this certification right after high school. Also, it is not a full-time course. Therefore, you can prepare for it while studying other courses or working. 

ACCA Examination

The ACCA body conducts a rigorous examination for this certification. It consists of 13 different tests. 

ACCA Eligibility

  • 10+2 qualification or equivalent qualification 

  • Prior work experience is not necessary

Levels and Subjects in the ACCA Examination

Levels in ACCA Course

  • Applied Knowledge Level

  • Applied Skills Level

  • Strategic Professional Level

Subjects in the ACCA Course

Applied Knowledge Level
  • Business and Technology (BT)

  • Management Accounting (MA)

  • Financial Accounting (FA)

Applied Skills Level
  • Corporate and Business Law (LW)

  • Performance Management (PM) 

  • Taxation (TX)

  • Financial Reporting 

  • Financial Management 

  • Assurance and Audit (AA)

Strategic Professional Level
Compulsory Subjects
  • Strategic Business Leader

  • Strategic Business Reporting 

Optional Subjects 
  • Advanced Financial Management (AFM)

  • Advanced Performance Management (APM)

  • Advanced Taxation (ATX)

  • Advanced Audit and Assurance 


ACCA Exam Cost

Below are the approximate costs involved in the ACCA exams:

  • Initial Registration- £30

  • Applied Knowledge Level Exams- £70 per exam

  • Applied Skills Level Exams- £135 per exam

  • Strategic Professional Level Exams- £238 for SBL and £170 per exam for remaining subjects

ACCA Exemptions

  • Five exemptions to B. Com Graduates.

  • Up to 6 exemptions are available to qualified CA Inter students or autonomous college students. 

  • Up to 9 exemptions for CAs, CPAs and CMAs.

Use the official exemption calculator to know your exemption. 

ACCA Career Scope

After attaining the ACCA qualification, you can grab rewarding job roles, such as:

  • Finance Controller

  • Chartered Financial Accountant

  • Management Accountant

  • Corporate Treasurer

  • Credit Controller

  • Tax Specialist

  • Auditor

  • Financial Risk Manager

  • Business Analyst

  • Financial Advisor/ Planner

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ACCA Scholarship

Aspirants can apply for the Simpson Scholarship, funded by Muriel Simpson FCCA, to support their ACCA qualification. This scholarship rewards ACCA students with merit and distinction.

Applicants must pass two Applied Skills exams, meet eligibility criteria, and submit references. It covers ACCA exam fees, subscription fees, exemptions, and study materials.

Visit the ACCA global website for scholarship winners updates and start your accountancy journey toward becoming an ACCA member!

ACCA Scholarship Eligibility 

Students meeting the following criteria can apply for ACCA tuition fee assistance or scholarships. 

  • Registered as an ACCA student

  • Paid ACCA fees for the year

  • No outstanding fees

  • Achieved 80% or more in the Applied Knowledge and Corporate & Business Law exams on the first attempt

  • 66% in a minimum of two Applied Skills exams on the first attempt (for students with exemptions from Applied Knowledge exams)

Applying for an ACCA Scholarship

  • To apply for the ACCA Accounting Scholarship, you must submit a compelling essay explaining how the scholarship will help you reach your full potential. The ACCA body selects the top five essays each year, so make sure yours stands out.

  • Craft a unique and thoughtful essay showcasing your ambitions and dedication. Submit your application to simpsonscholarship@accaglobal.com, and you will receive an acknowledgment email upon receipt.

  • The judging panel announces five winners annually. This is your chance to fund your ACCA journey and unlock global career opportunities. Give it your best shot!

  • Opening Date for Scholarship Applications- 15 April 2024

  • Closing Date for Scholarship Applications- 21 June 2024 

What is Included in the ACCA Scholarship?

  • Acca Exam Fee Sponsorship

  • Annual Student Subscription Fees

  • Annual Affiliate Subscription Fees

  • Membership Admission Fee

The ACCA scholarship winners also get a set of learning materials for each paper they are studying. The scholarship does not include the annual membership subscription fee.

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Conclusion

Standing out in today’s competitive world requires more than just a degree. The ACCA qualification is a globally recognized certification in finance and accounting, helping students build a strong accounting career.

If you're pursuing ACCA studies, don’t miss the chance to apply for an ACCA scholarship in 2025. The ACCA’s scholarship fund, including the Muriel Simpson FCCA Scholarship, supports students with merit and distinction in ACCA examinations. The scholarship covers ACCA exam fees, student and affiliate subscription fees, and study resources, easing the financial burden.

To win an ACCA scholarship, you must achieve at least 80% in two Applied Skills exams on your first attempt, submit an application with two references, and write an essay. Scholarships are awarded based on academic performance and outstanding achievements.

Visit the official ACCA website to check the opening date, eligibility criteria, and application process. Take the next step in your ACCA preparation course by NorthStar Academy journey and secure your future in finance and accountancy!

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Frequently Asked Questions

  • Are there scholarships available specifically for ACCA courses?

    The Simpson Scholarship is available for the ACCA course. You can apply for this scholarship through an application. Send the application along with your essay to simpsonscholarship@accaglobal.com. Every year, five students get this scholarship. Your name will be announced with the other four students by the judging panel. 

  • What are the ACCA scholarship criteria?

    The ACCA scholarship has the following eligibility criteria:. 

    • Registered as an ACCA student

    • Paid ACCA fees for the year

    • No outstanding fees

    • 80% or more in the Applied Knowledge and Corporate & Business Law exams on the first attempt

    • Students with exemptions from Applied Knowledge exams should achieve at least 66% in at least two Applied Skills exams on the first attempt.