August 10, 2015 at 4:35 pm
@tommy -Look at the grid table for a B grade RAP – you have to have an average of 59 for a 2.1 (I think I worked out that your current average is slightly higher than this and you have total marks currently of 297 – please check this is the case) An average of 59 means total marks of 354. So to achieve this target would mean that you would need 57 marks PROVIDED you got at least a B grade for your RAP. And yes an A Grade would mean a lower score as the average mark falls to 58 so you would need a total of 348 marks overall (58*6) so only 51 for your remaining paper. Although I have to add only about 5% of RAPS realistically get an A grade but a B is achievable if you have the right approach and reference well. This is where having an experienced mentor might be to your advantage.
Good luck!August 11, 2015 at 10:42 pm
I need to complete my optional papers (P6 and P7) along with OBU thesis.
Do you think whether it is possible for an average student to pass in all of that?
Please help me.
@ trephena what do you think?August 11, 2015 at 11:48 pm
@darkangle5 – it’s pretty hard for me to comment objectively as I have no idea of your abilities, what support you have or what your other commitments are outside of studying. However I know from my own experience if you start right now and are really committed and set your mind to it, it probably is achievable. What I have found is that it is essentiall to draw up a study timetable and stick to it. Alternate between time for P6, P7 and the RAP. Strange as it may sound that is a very effective and efficient way of studying – it’s like the brain tires of one subject and a very brief break followed by a different subject or task means you can get more in and learn better – or at least that has worked for me. Good luck! 🙂August 17, 2015 at 4:56 pm
Thank you … that was helpful 🙂August 29, 2015 at 7:08 am
What level does this degree represent in the UK qualification structure, level 5 or 6?
Is this degree capable of being used go gain higher academic qualifications?August 29, 2015 at 11:24 pm
@Raveen – at least level 6. Yes provided you get a 2.1 you can use it to gain entry on a Masters course but if you have your ACCA qualification you may find that this + a 2.2 degree together will be sufficient for a higher courseAugust 29, 2015 at 11:51 pm
An average of 59.66667 is under which honours classification ?August 30, 2015 at 12:15 am
@airguys – read the posts to and from Tommy as it depends on what grade you will get for your RAP. You should look at the table in the Info Pack as it sets out the possible honours classification according to the combination of the average mark and grade.
By the way don’t work to 5 d.p. in your RAP it will drive your marker insane!August 30, 2015 at 1:53 am
Hi trephine, to be specified, my question is do they actually round up or down. It could either be a 59 or 60. For a 2.1 classification, a pass grade in the RAP would suffice. However, either A or B grade will be needed to achieve the same classification if your average is 59 marks.August 30, 2015 at 5:32 am
Any ideas on the new masters by acca and uol. Do you think its worth the 4k+? Or are we better of doing a cheaper mba ?August 30, 2015 at 8:12 am
@airguys – got it! All those decimal places now make sense! 🙂 I think you will find they will round it up to 60, which is good news for you.August 30, 2015 at 9:12 am
@Raveen – I have no exact experience of this and the actual teaching methods involved but for anyone else who is considering pursuing their studies further I offer the following comments and advice.
I would expect it to follow the ‘usual’ online teaching model. That is it will be modular (perhaps with some choice of options), and modules are delivered online. Normally you are given assignment essays to write, the marks for which cumulatively go towards your Masters degree classification (pass, merit, distinction) and have to produce a quality dissertation at the end. There may be some level of online tutorials or Skype sessions organised by tutors. The university arranges that during your course you have online access to a virtual library that includes thousands of journals and electronic books so that you can research.
Like any course you have to be disciplined. My own experience of doing a Masters via this method was that 2 assignments each year were due in January – which for most accountants is the busiest time of the year so not ideal 🙁 understatement! This was then coupled with the fact that there were no modules available from July to Sept – so effectively the online course lacked flexibility and was organised around normal university teaching years! I found this (particularly the January assignments ) very frustrating and felt the course had been designed for the convenience of the staff rather than the students!
Maybe the world has moved on now and the courses offered are more flexible however you should check on this and also availability of all the modules as one module I particularly wanted to do was only available to on campus students (conveniently I was only informed of this after enrollment 🙁 )
With all these things do your homework – you usually get what you pay for and cheaper sometimes (but not always) means they cut back elsewhere (less online access to fewer journals, modules not updated regularly, high student to tutor ratio etc). Research what courses are available too as you may find something that is more specific to your own career path plans.
GBP 4k sounds fairly reasonable as I paid about that to do an MSc about 5 years ago (with the above frustrations thrown in) and possibly as ACCA is behind this particular course they may not pull the 2 assignments in January ‘trick’…..August 30, 2015 at 9:25 am
Thanks for the reply. I must say , its the best peice of advice that I got so far. Yep I must do some more research on the masters and the point about modules in january is good food for thought. Thanks again.??September 11, 2015 at 3:37 am
Maybe you made a typo because the average grade I get with the grades you posted is 60.2. In any case, the OBU information pack at http://business.brookes.ac.uk/undergraduate/2016/acca/files/information-pack.pdf says “marks are rounded up from 0.5” (section 5.d), so 59.6 would be 60.September 17, 2015 at 12:38 pm
I wonder, what happens after resignation from ACCA Student Register? Does your gained certificates/diplomas (ethics certificate, diploma in accounting and business) or OBu degree become void? Or they remain in effect and you can use them?September 17, 2015 at 1:23 pm
Did any one knows people with only OBU degree secured a place for masters straight with accredited universities?September 17, 2015 at 2:41 pm
Your qualifications, once gained, will not become void. If you leave the organisation you will no longer be a member but you would still be a qualified accountant and would still have a relevant degree.September 17, 2015 at 2:46 pm
thanksSeptember 30, 2015 at 8:16 am
Just wanna ask if is it possible to attend UK graduation ceremony, given that the regional ceremony for me should take place in Dubai.September 30, 2015 at 10:09 am
@hussainsabt92 – you would have to write to the OBU office (address in the Info Pack). There won’t be another UK ceremony until next Spring /Summer at the earliest whereas the Dubai graduation is normally February.October 5, 2015 at 7:53 am
I have graduated in period 30. i am invited to attend graduation ceremony in Dubai . Can i change it if i want to attend it in UKOctober 10, 2015 at 8:41 pm
I have completed my F-level papers and I passed my f4 in December 2014. Since I completed my f4 exam after June 2014 and I did not provide ACCA any English proficiency before completing F7, 8,9 so I would not be eligible to do OBU (although OBU has been opted in myACCA )
So I was wondering if anyone could explain to me the importance and use of OBU as an advantage for employment purposes? ( Does it really affect me if I do not hold any degree and only depend on my ACCA certificate for getting employed)
Best of regardsOctober 11, 2015 at 8:02 am
Have you actually checked with the OBU Office on this one? I know the rules on English language are now more complex but your English comes over as fairly proficient to me so it may be worth an email to them.
Regarding whether it is worth it:
Big accountancy firms tend only to take on graduates and insist on a 2.1
If you want to get on some educational courses you will have to hold a degree
See also my answer to elsie2009 on p.2 of this forum topic where I answered a similar questionOctober 11, 2015 at 10:11 pm
I request you that if you could please try and help me out, It will be of great help if you can contribute any relevant information you have regarding my queries as below;
Firstly, I want to go to Canada during september, 2016 for further studies after I am done with the 9 ACCA papers, that is in June, 2016 and I shall as well apply for the OBU degree, which hopefully if I pass, I shall be awarded with it on 21st September, 2016. (Period 31)
Since there are no universities or institutions that teach ACCA in Canada, therefore, I will need to opt in for a bachelor’s degree, but I will if all goes fine, I will have a OBU degree in September, but it will be late because I will need to have applied before If I wish to join for September intake to give time for student visa procedures as well.
Therefore, my question is, should I wait for January, 2017, & apply for masters after this degree or should I try and get admissions in another degree and try to claim transfer credits/ exemptions because bachelor’s are 4 years. Regarding masters, I am unaware if I will be eligible for masters after this degree because their system is totally different, as their requirements are very many, they need 4 years bachelor’s, 150 credit hours!! Which I don’t know if the OBU is equivalent to or not! Plus most even need 2 year work experience which unfortunately I lack. As well I am sure they won’t give me a direct entry, because I will have to study some courses like their tax and law papers before masters And the list just goes on!
Hence, please suggest me what should I consider doing? Another bachelor’s or I wait until 2017 and apply for masters, I dont even know if OBU degree is of any value in Canada or not, anyones in canada who’s really got knowledge about this, please share any information or advice because I am really confused. Or should I apply in another country if not Canada?! Any ideas or advises on what I can do will be of great help.
Thank youOctober 14, 2015 at 9:03 pm
@Jahnvi – well done for thinking ahead.
You have highlighted a problem area – the OBU degree is not recognised everywhere and neither is ACCA in the USA and most of Canada. Obviously you don’t really want to spend time and have to re-study the same subjects to just get the North American equivalent of what you already have. So this may call for an ‘out of the box’ solution.
I think you really need to stand back and ask yourself where realistically do you see yourself career-wise in 5 or 6 years time? What do you really want to do with your life and career? I don’t want to be a scaremongerer but I found the attached quite interesting
The inevitable fact is that many who are currently training as accountants will find themselves in the Western world at best struggling to find work and at worst replaced by artificial intelligence. The real survivors will be those with specialisms that artificial intelligence will find hard to replicate.
So my advice is to develop new skills and qualifications rather than mere alternatives that are basically the same as what you have or hope to have in a year’s time. The other thing to remember is that just because you intend to live in Canada doesn’ t mean you have to physically study there unless your mind is firmly set on being a CPA. Personally I think an MBA or other appropriate masters degree would advance your long term career prospects and this could be done distance learning. Choosing a distance learning Masters from a UK University solves the recognition problem. Another recommendation is going for the CFE (Certified Fraud Examiner) qualification. ACCA is recognised by ACFE and if you wanted to do a Masters subsequently you could choose one that include aspects of criminology such as forensic accounting, fraud management or financial investigations. These types of specialist investigative roles are likely to increase going forward and unlikely ever (at least in the foreseeable future) to be replaced by machines
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