Acca Exam Fees In Nepal: Get Insights
ACCA is the global certification that helps build skills and qualifications for individuals seeking to excel academically and professionally in the accounting and financial industry. The program is particularly designed to develop ethics, comprehensive knowledge and a solid foundation in the management and finance industry.
Considering that ACCA comes packed with several key career growth benefits, the cost of pursuing this program can be a worry for many of you. Thus, you might be wondering about the pricing of ACCA Exam Fees in Nepal. This blog explores the key aspects of tips for reducing the cost, ACCA exam fees and deadlines. With that in mind, let's get started.
These are the general prices for the cost regarding the ACCA. We hope you may have understood that the prices we mentioned are based in Nepal. Do note that the costs vary based on the nation you decide to study.
So far, we have covered a variety of ACCA exam fees, but now we have shifted our focus to several additional costs to take into account while preparing for exam entry fees. This covers potential re-examination fees and costs for study materials and books. Some of the additional costs that add up to your overall cost are as follows.
ACCA Exam Fees 2024
Thousands of Nepalese students dream of building a career from the ACCA qualification. However, the commonly asked questions include the total ACCA exam fees in 2024. That said, exam fees typically involve registration costs, exams, and some other additional expenses. Let's take a look at ACCA exam fees.ACCA Registration Fee
As you can guess from the name, ACCA registration fees are one-time fees you are expected to pay to be an ACCA student. These fees grant you a wide range of services, such as allowing you to appear for a specific exam and utilise the resources. The registration fees vary depending on the region and available discounts. So, it's advisable to register ahead quickly.Applied Knowledge Exam Fees
Besides the ACCA registration fee, you should also be mindful of the cost associated with the applied knowledge or ACCA level 1 exam fee. This section focuses on complex concepts of finances. Some of the aspects of applied knowledge include business and technology (BT), management accounting (MA), financial accounting (FA), financial management principles, and investment and financing.Applied Skills Exam Fees
Aside from applied knowledge exam fees, you need to keep applied skills exam fees in mind. Getting your exam registered at the right time means lower fees than candidates who are late or miss deadlines. The cost for Applied knowledge differs based on the exam type you select. That said, ACCA allows you to choose from a remote-based or centre-based registration mode. This exam fee is associated with Corporate Business Law and Performance Management.Strategic Professional Exam Fees
Last but not least, a Strategic Professional Exam also contributes to the ACCA exam fees. The exam typically focuses on enhancing strategic thinking skills, comprehensive preparation and advanced applied knowledge. They play a vital role in building your strong foundation in ACCA, which is essential to managing the difficult aspects of business management. Pursuing a career as a globally recognised chartered accountant in Nepal presents promising career prospects for Nepalese students looking to boost their professional goals. However, the high prices can be a financial burden. In order to provide you with transparency and an up-to-date cost, we have prepared a detailed comparison table.| Details | College Fee | Exam Fees (Pound) | Exam Fees in NPR | Remarks |
| Admission fee | 10,000 | |||
| Registration fee | 45 | 7,200 | ||
| Applied Knowledge Level | 85,000 | 6 Months | ||
| Business and Technology (BT) | 123 | 19,680 | Includes admission fee, Knowledge level fees, the registration fee for the Seekshya app, study materials like books, kits and 3 sets of mock exams for each 1-level paper | |
| Management Accounting (MA) | 123 | 19,680 | ||
| Financial Accounting (FA) | 123 | 19,680 | ||
| Applied Skills Level | 84,000 | 18 Months | ||
| Corporate and Business Law (LW) | 132 | 21,120 | Includes study materials like books, kits and access to 3 exams typed mocks for each 2nd-level paper. | |
| Performance Management (PM) | 142 | 22,720 | ||
| Taxation (TX) | 142 | 22,720 | ||
| Financial Reporting (FR) | 142 | 22,720 | ||
| Audit and Assurance (AA) | 142 | 22,720 | ||
| Financial Management (FM) | 142 | 22,720 | ||
| Strategic Professional Level | 48,000 | 12 Months | ||
| Compulsory | ||||
| Strategic Business Reporting (SBR) | 185 | 29,600 | Includes study materials like books, kits and access to 3 exams typed mocks for 3rd level paper | |
| Strategic Business Leader (SBL) | 252 | 40,320 | ||
| Optional | ||||
| Advanced Financial Management (AFM) | 185 | 29,600 | ||
| Advanced Performance Management (APM) | 185 | 29,600 | ||
| Advanced Taxation (ATX) | ||||
| Advanced Audit and Assurance (AAA) | ||||
| Total | 227,000 | 2,063 | 330,090 | |
| Lump Sum Payments | 175,000 | 2,063 | 330,090 | 505,080 |
Additional Costs To Consider For The ACCA Exam
So far, we have covered a variety of ACCA exam fees, but now we have shifted our focus to several additional costs to take into account while preparing for exam entry fees. This covers potential re-examination fees and costs for study materials and books. Some of the additional costs that add up to your overall cost are as follows.
ACCA study resources
One of the major factors that add up to the additional costs of studying ACCA is study materials. This means you need to budget for the textbooks, revision guides and practicals when you design your initial financial plans. Do note that these costs are subject to change based on the curriculum.Examination Re-sit change
Along with ACCA study material costs, you are required to factor in the cost, whether it's a re-sit examination or even taking the test for the first time. This specific fee can and does vary on the standard registration rate or the higher late registration fees.Travel and Accommodation
The additional fees to consider for ACCA exams are also in the form of the expense of travel and lodging for ACCA exams. If your exam location is not nearby or is situated at a venue that is far away, you may incur an extra charge for transportation and lodging throughout your examinations. Thus, you need to budget extra for accommodation arrangements and commuting during the exam period. These are some of the key factors that you must be aware of when considering ACCA exams. Besides the one we mentioned above, you can find other aspects of extra charges that can come into play depending on your individual circumstances and the specific country.How To Reduce ACCA Exam Costs?
Although getting an ACCA qualification could lead to several career prospects in over 181 countries around the world, the price tag could be a challenge. The good news here is you can lessen the financial expenses by utilising the following useful tips customised for Nepalese students.Secure your spot early
One of the major cost-effective ways to reduce ACCA exam costs is to register for the search as early as possible. By securing your spot in advance, you can make the most of the early bird rates opportunity. This results in affordable pricing in ACCA exam booking fees and savings on the ACCA exam fees and prevents the incurring of charges for late admission.Scholarship Aid Option
ACCA bodies, including CFA institute, ACCA, and local Nepalese education institutions, provide you with scholarships and bursaries. These financial help awards are designed to minimise the costs for individuals with the needs or who demonstrate exceptional academic performance. It is a good idea to stay updated on ACCA’s official notification for scholarship chances.Independent Learning
The strategy to reduce the cost of the ACCA exam is also to take advantage of self-study. Utilisation of free resources can help reduce tuition fees and handle financial burdens. This process is no easy task, as you require motivation and strong self-discipline for the best result.Stay in touch with the other aspirants
The step here is to engage with fellow candidates involved in the training. This means you can manage your expenses by just exchanging ideas and learning strategies. Taking part in the online study group not only helps to reduce expenses but also enhances your overall educational experience through peer guidance and support.Comprehensive planning of finance
The careful planning of finances prevents any financial challenges throughout the program in the long run. Many students find this step quite beneficial as it helps to detect the actual areas of the expenses, set financial goals and create an emergency cost in case of unexpected expenditure. You can also keep an eye on the potential student discounts and seasoned promotions.Factors Affecting ACCA Course Fees
After learning about the exam fee structure, you might have questions about the aspects affecting ACCA course fees. That said, the ACCA course fee is influenced by factors such as exam format, level of your course and frequency of tests. Now, let's take a closer look at each factor.Level of Examination
One of the major factors that affect ACCA course fees is the level of the ACCA test you are taking. The types of ACCA exams differ at a variety of levels, from applied knowledge and skills to strategic professionalism. As a result, the cost of each exam tier further varies. This also means that the advanced level requires a higher cost.Registration venue
Not just the examination level but also the location of your exam registration can and does contribute to the cost of the overall ACCA exam fees structure. These aspects are the location of registration, regional pricing strategy, local administrative fees and exchange rates. It is a good idea to do thorough research through the official ACCA website as the course fees differ depending on the location.Early bird discount for exam registration
Last but not least, ACCA offers a specific discount for early examination entry. This financial aid is designed to assist the students financially seeking to advance for their examination. Keep a closer eye on such discounts available on the official website and log in to your ACCA account to find the potential discount in your region.Why Choose Seekshya Academy for ACCA?
There are many reasons for choosing Seekshya Academy to study ACCA. The qualification program at Seekshya Academy is designed to align with international standards. Besides this obvious reason, the other key benefits of Seekshya ACademy include the following.- At Seekshya, we have a team of expert ACCA instructors with years of experience providing individualised support and one-on-one mentorship.
- We provide a carefully designed curriculum that follows ACCA guidelines, ensuring thorough readiness for all exam types.
- Our institution provides you with a wide range of learning formats, both in-person and online classes, in order to meet the flexibility of the students.
- We have a strong, proven track record.
- In an interactive learning environment, students can engage in hands-on activities, including group discussions, case studies, and interactive study sessions, in order to improve their understanding and application of the concepts. The high pass rate of the students highlights our effective teaching methods.
- Our competitive pricing strategy comes with a further advantage. You can access our high-quality education without having to worry about finances.
- Regular practice exams, mock tests and feedback meetings improve your exam preparedness.
- Our expert faculty members provide you with exceptional education on national and global levels, along with high-quality and affordable pricing.