HEC recognizes the ACCA qualification as being equivalent to a Masters degree
Press Release
The Higher Education Commission of Pakistan has granted equivalence to ACCA qualification to a Masters level degree. A circular issued by HEC states that ‘HEC recognizes the membership of Association of Chartered Certified Accountants (ACCA) after completion of professional qualification and other requisites including training and required professional experience as equivalent to MComm. degree awarded by Pakistan universities on the following terms and conditions:
i) There will be no exemption awarded to incomplete qualification of ACCA.
ii) Initial admission in ACCA programme must be after having 12 years of education (intermediate level, A-level or equivalent certification from IBCC Pakistan.’
ACCA members, students, learning partners and stakeholders have hailed HEC decision calling it a major milestone in Pakistan’s professional accounting education pursuit of international recognition and excellence. Arif Masud Mirza, head of ACCA Pakistan commenting on the recognition said, ‘This is bold step by the HEC and shows that HEC is very much in touch with the changing demands of the highly skilled labour market, the mobility needs of our young members and their education aspirations generally. This is a rational step purely based on the academic merits of the ACCA qualification, I believe it will go a long way in promoting young professionals from Pakistan, increasing their employability and in the long run contributing to the social and economic development goals of Pakistan.’
Dr Afra Sajjad, Head of Education and Policy Development, stated: ‘ACCA Pakistan is dedicated to the growth of the accounting profession in the country. Essential to this is the provision of high quality tuition. In partnership with our Approved Learning Partners, through engagements, capacity building and awareness raising, ACCA aspires to bring professional accounting education in line with international benchmarks. Setting regional standards of excellence and this recognition from the HEC will add as an incentive to achieve this aim. Both ACCA and HEC share values such as integrity, opportunity, accountability, innovation and diversity, values which are very much needed if we are to rely upon our well trained young professionals to play a leading role in business and economic growth.’
The Chief Executive of ACCA, Helen Brand, offered a congratulatory message to the ACCA Pakistan community and added that: ‘This HEC recognition is evidence of the quality, rigour and integrity of the ACCA Qualification and the international standards to which it is set. This recognition will inspire ACCA members to play a greater role in both the economic and business growth of Pakistan.’
Comments (72)
It is an injustice to other students in terms of educational years. It is like you can have a master’s degree after 14 years of education compared to the science students 18 years of education? CRAP! Some bunch of idiots might have given this idea to HEC or perhaps so called Govt. culprits are involved in another curroption scandal. I strongly Protest.
A very bold and very appreciable decision by the HEC. I am very glad to here it. Congrats to every Pakistani ACCA student. Hope this step of HEC would increase a huge number of students in ACCA also INSHALLAH when Pakistani students takes positions at World level, the name of our country would be gone miles high.
Thanks HEC.
Which University of Pakistan is awarded the degree of Master.
http://pakistan.accaglobal.com/pakistan/general/HEC/ this is the orignal link follow this.
http://www2.accaglobal.com/pdfs/miscellaneous/hec.pdf this one is the orignal notice
can a mature student get m.comm degree after comleting the acca
@Khurram Shehzad
You have to do Intermediate to claim your masters. See our interview with Head of Policy ACCA Pakistan (coming tomorrow)
Dear Zaib
There is no any debate for MS scheme.
Few things are highlighted.
1. you must be ACCA Member
2. You have done your education atleast of Intermediate.
This background to make intermediate as mandatory coz u candidates should also start there CAT from matriculation.
@ Humair,
Its not injustice at all.
Degree will be awarded to the acca MEMBERS only. A member has to get three years experience plus acca education. That is 6 years in total.
So if someone gets into ACCA even after Matric, its 16 years of education .
Its the bestest news i ever heard
Congrats to ALL ACCA’s !!!
Thanx HEC to acknowldge our work and our efforts
I think this is very good decision by HEC. There is large no. of students of ACCA in pakistan and after hard work and spent lot of money they truly deserve to obtain master degree.
o thanks HEC for such a remarkable decision about the future accountants. becouse accountat ran a not a lawyer or doctor. but i am little worried about this that which pakistani university awarded this degree. and what is the grades in this degre. because ACCA not gave enough marks likes pakistani universities. what are rules and regulation. about degree get
thanks
Which University of Pakistan is awarded the degree of Master.
[...] [...]
@ admin
Acca members will be awarded masters degree from HEC. what about Bachelors degree?.. is there any rule of awarding bachelors degree to ACCA affiliates? im not a member yet but i need a bachelors degree
@admin, where is the interview?
I did o’ levels then CAT and now doin ACCA. Therefore my question is that if i do intermediate now or after completing ACCA qulaification then after becomming ‘member’ will my degree be recognized as equivalent to M.COM?
DO I HAVE A CHANCE?????
plz reply
[...] year, when ACCA signed an agreement with Higher Education Commission (HEC) in Pakistan to accept ACCA as an equivalent of Masters, we had our reason to meet with [...]
Dear All,
I am confudsed if the person have not get mambership than what will be their status r they Bachelors Qualified or not.
Now, what about those who opt for CAT (FIA) right after their O Levels, they do not complete a fomral 12 year education as prescribed in the article above!
ACCA IS MORE BETTER THEN ANY KIND OF OTHER DEGREE.BECAUSE ACCA HAVE MORE SCOPE IN OUR COUNTRY AS WELL AS IN OTHER 170 COUNTRIES,SO DONT GO ON THE VIEWS OF OTER PEOPLE.BECOME A PROFESSIONAL MAN,
A very good decision by HEC, Congrats to all ACCA Students
is this facility not for acca affiliate ?
[...] head of ACCA Pakistan, who have been praised as a Hero after Higher Education Commission offered Master Degree to ACCA members, has been under tough pressure from ACCA community after this notice. It was a brave effort to [...]