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MSc Accounting or straight into ACCA exams?

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Why bother with a post grad? Are they even worth it? Have your say! 26-10-2016
    • Thread Starter

    Hi all,

    I'm graduating this year in Business Studies and I need some advice before I apply anywhere. Basically I now want to study for the ACCA qualification and these are my options;

    I've been looking at the MSc Accounting course from the University of Lincoln;

    "The MSc Accounting at the University of Lincoln is a conversion Masters for those with a non-Accounting background who wish to move towards an Accounting-related career path."

    This 1 year course has been offering exemptions for ACCA exams F1 - F4 and all fundemental exams. As the course was reviewed in the current year, these exemptions are again yet to be confirmed for 16/17 entry.
    If I was to enrol, tuition fees would be set as a 30% discount for me (£5,180).
    I would also commute there which would be a 40 minute drive.

    My other options would be to go straight into ACCA study (I've been looking at Kaplan finance), but the nearest location is Leeds which is about 1 hour away from me and I assume others on the course would most likely come from an AAT background, whilst my knowledge is entry level. Atm I'm unsure if I'd have access to the Sage software.

    Online study through Kaplan is also something I've been looking at, but I'd have to find a way to use the Sage accounting software myself, whereas at Lincoln it would be accessible for me at anytime and I assume there would be support to learn it.

    Due to my lack of experience and limited knowledge of accounting (had 4-5 relevant modules during my degree) I'm unsure as to which route to take?

    Is the Masters worth it? Is it justifiable? I was looking at it more due to the structure of the course and the support I'd receive, but after deciding that I would be able to commute to Leeds I've been looking at Kaplan.

    The fees at Kaplan that I've been quoted would be around £350 per paper for study support (excluding exam fees).

    Also, I'm unsure as to how many exams I'd complete in 1 year through the Leeds option. Whereas with the MSc I'd have the exemptions.

    Opinions please?
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