ACCA Accelerated Work Study Programme (MQF 7)€Sponsored
About this course
The MQF Level 7 ACCA Accelerated Work Study Programme is designed to help you develop your understanding of current practice together with specialist analytical skills and knowledge in a range of aspects of financial accounting and management. This unique programme offers learners the opportunity to fast-track their accounting studies and apply the skills they learn to the workplace on an apprenticeship basis.
The course is made up of two qualifications, the MQF Level 5 Foundation Degree in Accountancy and Finance and the MQF Level 7 ACCA Professional Qualification. The work-study programme typically runs over a 30-36 month period. Opting for this route of study means that students get to achieve the ACCA qualification much faster than the traditional route which generally takes students an average of 4 to 5 years to successfully complete. This qualification is currently the only one of its kind worldwide and is an excellent chance for students to obtain knowledge in the classroom, gain skills in the training room and become competent within the workplace.
Benefits for individuals:
- An accelerated route to achieving the ACCA Qualification
- An opportunity for students to fast-track their careers
- A paid work placement with an industry leader
- Tuition delivered by subject experts
- € 9,686 worth of ACCA tuition sponsored by employers
- Two internationally recognised and accredited qualifications
- A more applied and empowered approach to learning
- Training by industry professionals
Benefits for employers:
- A fully-fledged programme that prepares your new workforce for the work placement
- A fast track to recruiting accounting talent
- A way to immerse new employees into the workforce whilst still building their knowledge and skills
- A great solution to attract new recruits who may otherwise have opted for full-time study
This qualification is awarded by Central Mediterranean Business School (CMBS) and the Association of Chartered Certified Accountants (ACCA), the leading global body for professional accountants.
Kindly be informed that this programme is undergoing accreditation from the Malta Further and Higher Education Authority (MFHEA).
Learners should have a background in Accounts/Business Studies or an A-level in Accounts or a similar qualification. Students must also be fluent in written and spoken English.
Candidates need to successfully complete a series of examinations.
The MQF Level 7 ACCA Accelerated Work Study Programme is delivered through a combination of face-to-class lessons and work placements.
Who is this course for?
This course is intended for those who are aged 17+ and aspire to become accounting and finance professionals.
Language of Instruction
This programme will be delivered in English.
Location of Lectures
Lectures will be delivered at Business Leaders Hub, 160, Mdina Road, Zebbug, Malta, ZBG 9015.
How to Apply
Interested candidates can apply by sending an email to firstname.lastname@example.org or by calling us on 2247 0728/48 or 00356 9912 1110. Applicants will be provided with a link to complete our booking form and will be requested to submit any relevant documents required to process the application.
Email us at email@example.com or call on 2247 0728/48 or 00356 9912 1110 to learn more.
What is the ACCA Accelerated Work Study Programme?
Our ACCA Accelerated Work Study Programme is an opportunity to both learn and apply knowledge within the field of accountancy. This 30-36 month-long full-time programme offers selected candidates a paid work placement at a leading organisation as well as fully sponsored tuition.
During the first phase of this programme, successful students will earn a Level 5 Foundation Degree in Accountancy and Finance and obtain the Level 6 ACCA Advanced Diploma in Accounting and Business. Students who continue on to the second phase will earn the full ACCA Professional Qualification allowing them to become warranted accountants.
Who is it for?
This challenging but rewarding programme is ideal for budding accountants who wish to enter the accounting and finance sector and progress to complete the ACCA Professional-level exams.
How does this vary from the traditional ACCA route?
Students commence with an intense three-month-long full-time study boot camp which covers the first three modules of our Level 5 Foundation Degree in Accountancy and Finance. These modules give students a sound foundation to then enter the world of work and begin their work placement. The work placement will take place three times a week with the remaining two days dedicated to studying in which students will attend daytime lectures.
Does the ACCA accelerate route prepare students to the same level as other ACCA programmes?
Yes, the ACCA Accelerated Work Study Programme is simply a faster and more intense route for students. The end qualification is the same — students graduate with 13 ACCA exams, 9 of which are received through exemptions. Students who opt for this route also get to earn a fully accredited and internationally recognised Foundation Degree in Accountancy and Finance and benefit from a dual qualification.
Students cover similar hours of tuition to ACCA students. The added value here is that more study time is allocated to students during the week. We believe that students gain a lot from daytime lectures since their evenings and weekends are free.
Are the exams easier?
No, exams sat through the Foundation Degree in Accountancy and Finance are of the same quality and standard as that of other ACCA exams. Our delivery and assessment for ACCA content need to be up to 80% similar to all other ACCA exams in order for students to receive ACCA exemptions.
We have gone through a very stringent assessment process with ACCA. We value the integrity of the accountancy profession and want to be sure that our students leave with the same value. Our intention is not to deliver a lower quality or easier programme, instead, we aim to add value to the students’ experience by offering our students a structured programme that is integrated with work exposure, sufficient study time, daytime lectures and regular/frequent assessments.
How do the ACCA exemptions work?
Once students successfully complete the Foundation Degree in Accountancy and Finance, students will be exempted from 9 ACCA Foundation level exams and move towards the ACCA professional exams.
What if I fail one of the exams?
Just like any other educational institution, we hold resits. Resits are planned into the academic year. Students will not be able to graduate from the first phase and move on to the second phase of the programme until they have passed all Phase 1 modules. Similarly, students will not get the full ACCA qualification in Phase 2 until they have passed all ACCA Professional papers.
Kindly be informed that this programme is undergoing *accreditation from the Malta Further and Higher Education Authority (MFHEA).
Should you wish to express your interest to register for this educational programme you are kindly requested to contact us at firstname.lastname@example.org. A student agreement inclusive of payment of registration and tuition fees shall only be signed upon approval of accreditation of this educational programme, by the MFHEA.
*Accreditation is a form of certification in which the MFHEA will verify that
an academic or vocational programme meets minimum academic and vocational standards. Accreditation ensures that the qualification a student works so hard to obtain meets quality standards, and that it will be recognized as such by other educational institutions and employers. The decisive stage of accreditation is the mapping of the programme to the Malta Qualifications Framework (MQF) and the European Qualifications Framework (EQF) – further information on the MFHEA and the MQF/EQF may be obtained from www.mfhea.mt
The Business Enviornment
This module introduces learners to the business environment and the different types of organisations, including their stakeholders, the competition within which they operate, and their functions and structure.
Economics and Financial Markets
The module introduces students to the economic environment that impacts the three key financial management decisions of investing, financing and dividend policy. Students will also be introduced to the use of macroeconomic applications to address real-world issues in current economic policy. The module will also highlight the role of financial markets in the economy and the different markets available in the world of finance.
Fundamentals of Management Accounting
This module intends to give participants a thorough understanding of the fundamental principles and techniques of management accounting. These principles and techniques are used in business to support informative planning, control and decision-making.
This module specifically covers various laws and regulations which directly and indirectly impact the field of accountancy and finance. These laws and regulations include employment law and the legal framework relating to the establishment and operation of a business.
Principles of Financial Accounting
This module introduces students to the fundamental principles and practices of financial accounting. It first covers accounting techniques and focuses on the recording, processing and reporting of business transactions and events. Students will learn how to prepare financial statements and perform a high-level analysis of these financial statements.
Corporate Business Finance
This module will provide students with an understanding of how to apply the tools and methodologies of business finance theory. It builds on the Management Accounting module to explore the financial decision-making processes of businesses. In doing so, the module will focus on the role that financial managers play and the scope of their decision-making.
This module explores management accounting in further detail, allowing students to gain further insight into the measurement and management of performance within organisations.
This module intends to enhance the knowledge and skills in understanding and applying the theoretical framework and accounting standards in the preparation of financial statements. It also covers the analysis and interpretation of financial statements and continues to develop on the knowledge acquired in the Financial Accounting module.
Auditing and Assurance
This module introduces learners to the basic principles of auditing and its role in the world of accounting and finance. It primarily covers a variety of areas related to auditing financial statements and allows students to learn about the need for internal and external audits.
Corporate Governance and Ethics
This module focuses on the most important corporate governance legal issues arising worldwide and analyses the influence that these theories have exerted on society and the business community. The module focuses on the overall corporate governance debate and the various corporate governance solutions originating from it.
This module builds on the Corporate Business and Finance module, allowing learners to understand the fundamental role of a financial manager, mainly in relation to the investing, financing and dividend policy decisions in business. Learners will also gain a thorough understanding of the economic environment in which such decisions are made.
This module focuses on the Maltese taxation system as it relates to individuals and corporate entities. The aim of the module is for students to develop knowledge and skills of the fundamental principles and key technical areas in taxation. The syllabus considers the separate taxes that an accountant would need to have a detailed knowledge of to compute tax liabilities, undertake tax planning and identify compliance issues.
ACCA Strategic Professional Exam
ACCA Strategic Business Leader (SBL)
This paper aims to demonstrate organisational leadership and senior consultancy or advisory capabilities and relevant professional skills through the context of an integrated case study.
ACCA Strategic Professional Exam
Strategic Business Reporting (SBR)
This paper discusses, applies and evaluates the concepts, principles, and practices that underpin the preparation and interpretation of corporate reports.
ACCA Strategic Professional Exam
Advanced Financial Management (AFM)
This paper explores the role and responsibility of a senior executive or advisor in meeting the competing needs of stakeholders within the business environment.
ACCA Strategic Professional Exam
Advanced Performance Management (APM)
This paper introduces candidates to the strategic role of management accounting as a discipline for planning and controlling performance.
ACCA Strategic Professional Exam
ACCA Advanced Audit and Assurance (AAA)
This paper teaches candidates how to obtain, plan, control and conclude audit and assurance engagements.