Aoa dear Fellows,

I have recentle taken my B.com annual exam and m hopeful to get above 70% marks. Now I am in ambivalence either to go for MBA or do ACCA. I have heard that Acca has more value as compared to MBA but at the same time it is very difficult and takes double time. Kindly suggest me what should I do??I request especially those who have relavent experience kindly guide me.

Secondly if I go for MBA which university is offering 2 years programme coz I would have simple Bc.om degree not that of B.com honours.

Waiting for ur suggestions and guidance...

Regards,

AOA, i m a student of MBA, but i have also some knowledge of ACCA.
i shall recommend MBA is best for u. i think it is a misperception that ACCA has more value as compared to MBA. MBA covers all the bussiness courses and it is also easy. You will get practical knowledge and good job opportunity. As for as ACCA is concerned, i think CA is better than it.
Well, there are many universities which are offering 2 year MBA degree e.g Islamic International etc. You can visit the websites of the universities and get relevent data.
Pray for my result. takecare

If Mba is your choice then you have to specalize it in dept like marketing, HR, IT, finance. and ACCA is all related to accounts and finance. and as fas as scope is concern MBA from univeristies like lums, iba, quaid azam have worth other than that it doest have much value provided that you are too much good. and as for acca is concern acca have good prospects than mba.
and if you want to do mba..Then do it from good uni like Lums ,iba , quaidazam.

Well, these two qualifications have no match either in course structure or job prospects. Regarding MBA from lums or iba, it would give you a very nice job (my frnds r getting 70k-80k) at start but the growth is not so fast as in case of a chartered accountant. Also in foreign multinationals, ACCA is worth far more as it is an international degree.MBA is always at operational level, not at strategic level.

Obviously, ACCA takes time but it pays in the end.

Regarding Pak CA, the monoplostic criteria of ICAP has dicouraged students to take pak CA a sit takes a long time to pass. Candidates are passed based on the market requirements. and now you can do ICAEW in pak as well, so you can go for it but ACCA after 5 yrs of job gets ICAEW as well (after complating case study paper).

Let me tell you a fact that there are approximately 4,000 CAs in pak (of which 2,000 are abroad). So you canb judge the job requirements and pay structure.and for ACCA, they are replacing CAs in pak as well. It is only high headedness of CAs in pak that they are not recognising it although they use ACCA papers to set their papers (it is a proven fact).

So, my deal fellow, go for ACCA if you want to go to strategic level corporate life.Trust, me, it really pays.

Need not to go far, let me give you my example.I m an ACCA with job experience of only 2 yrs (it is my first job), though i hav been to UK for study, I am working in world 3rd largest firm with salary more that 150K [will not tell u xact figure ;-)]

Shoule you need to discuss anything, please do not hesitate to contact me at any time.

Kind Regards

__________________
"A man can be as great as he wants to be. If you believe in yourself and have the courage, the determination, the dedication, the competitive drive and if you are willing to sacrifice the little things in life and pay the price for the things that are worthwhile, it can be done."

I am a Pakistani CA and I would strongly recommend you to go for ACCA and then ICAEW.

The analysis in detail is provided by Omer in the above post.

thanx omer but i am average student can i clear acca i heared it is so difficult & its long for girls

__________________
"If oppurtunity is there I know how to avail it and if its not there I know how to create it for me"

"Never bend your head. Always hold it high. Look the world straight in the face."

Best Wishes for all.

As a matter of fact ACCA is easier than MBA from IBA or LUMS, you just have to be regular, there is no rocket science involved in passing ACCA papers.

Best of Luck

Well I have joined this debate quite late so I won't discuss it from the very start.

As per as the difficulty is concerned. I am a software engineer and I took ACCA in parallel and by now I have reached its final part; without any tuitions. You should go for the concepts since exams are conceptuel. The study material is really good and helpful and they have a number of resources apart from text books. So I was able to manage it through self-study. This is just for your encouragement. When I was at your stage and considering whether to start or not, someone (from ACCA office) gave me a real good advice. I asked, "Would I be able to go through these exams". He said, "Yes if you study you will go through them and if you don't you won't."

ACCA is good if you are to look for a job in industry. It pays you back but it requires time and comitment, first for studies and then for practical experience as well.

Since you are here so I have a good reason to believe that you might be considering some competitive exams in future. In this case you should go for MBA first. As it will give you a Masters degree after two years. MBA isn't bad in itself. ACCA needs more years and more effort. So decide for yourself.

__________________
"Life is either a daring adventure or nothing."
Helen Keller

Im doing MBA myself and i must say that MBA would be a better option.

You should know that as per surveys and research by many HR based organizations, that Marketing/Brand Management and management especially in the services sector is the top profession in Pakistan. Its much more exciting and challenging and suitable for girls, particularly if you are creative and intelligent.

Accountancy is also a good profession and I think Pakistan is still in infancy when it comes to accounting practices plus you will still study basics of accounting in MBA but nothing like brand and business policy will be there in ACCA.

My suggestion, go for MBA not other then the following universities

IBA
LUMS
LSE
Quaid-e-Azam university
SZABIST

@ Omer

Then why are you planning to appear in CSS? I can see you have the same disease which I had...so be prepared to face the criticism bro...

I am sure you are not looking for PSP atleast...!!!!