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Hello,
I am a stay at home mom. My 10 years deadline to pursue ACCA is November 2021. I went to the US few years ago and it is not convenient to take ACCA exams here. I keep delaying until now I realize I don’t have much time left for this ACCA journey. I can send my children to school now and have time to focus on studying. I’m thinking should I give up ACCA and start over by applying for university in the US or I should continue with ACCA. I just passed F1, F2, F3, and F4. I am taking remote exams with F5, F7, and F9 this September. I plan to take F6 and F8 this December 2020.I have few questions I would like to ask you. Please answer for each of them, It would help me a lot to set my mind and plan what I am going to do with my life 🙁
1) If everything goes smoothly and I passed all the F exams, Can I submit my RAP in May 2021?
2) To submit RAP, is it required that student is working?
I am a seasonal tax preparer for a US company, just for 4 months during a year, but I work every year since 2018.3) Should I go for OBU degree or ignore it and focus my time to finish the other 4 exams in 2021 to complete ACCA? I don’t have a bachelor degree. If I passed all the ACCA exams, Am I qualified as an ACCA affiliate? I heard that if becoming ACCA affiliate, he/she can apply for a master degree? ACCA is not really well recognized in the US but if becoming ACCA affiliate can apply for a master degree is really a great option. My dream is a master degree. Should I ignore OBU degree because I heard a lot of students failed 3 times.
Please give me some advice!!!
Thank you so much!!!!Hi – I am sorry to hear that you couldn’t continue your ACCA journey.
Regarding your questions:
1- The degree must be completed within ten years of the earliest date of your first examination pass, or the date of your first ACCA exemption was granted.
2- To submit RAP, there is no requirement for work experience.
3- You need to decide what is more important for you. ACCA or Bachelor’s degree. Why not try and complete both within your deadline. You might be able to get into Master’s degree based on OBU or ACCA but this depends on the university requirements. If you stay in US, i feel CPA US will add more value to your career prospects, but I’d they have strict entry requirements unlike ACCA.
One of my students lived in the USA and she told me that her main reason for doing ACCA and the Brookes degree was the cost as it would have cost about $80K to do the American equivalents versus about $12k doing ACCA and the OBU.
As ignite says you should be able to get on a Masters course on the strength of your ACCA qualification and/or the OBU BSc. Again you will probably find that UK universities are cheaper options than a US Masters course.
In terms of the OBU BSc most students do not need 3 attempts to pass – it depends on the topic and guidance you receive however many students pass at the first attempt. It is possible to do both exams and the RAP at the same time, for example I have students who start their RAP work early, take 6 weeks off to prepare for exams, and then return after their exams to finish their RAP. It is a case of being well organised and perhaps using a Gantt chart to schedule your exams, study and other commitments so that you can monitor your progress enabling you to take corrective action if you fall behind
Good luck!
Thank you both of you so much!!! I will try my best to be able to submit my RAP in May 2021. To get there, I need to pass the required exams and Ethics Module. I am wondering if you provide RAP mentoring services. If so, please send me an email to trucanh134@yahoo.com. I’ll really appreciate it.
Thank you!!!
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