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The ACCA full Professional qualification is regarded as the equivalent of a UK master's degree by the UK NARIC and Department for Education. Subjects include: Financial accounting , Management accounting , Financial reporting , Taxation , Company law , Audit and assurance and Financial management .
A graduate diploma (called an advanced diploma at some universities) is an FHEQ Level 6 award, equivalent to the final year of a bachelor's degree and generally offered to graduates who already hold a bachelor's degree in a different subject.
Level 7 qualifications are at a level equivalent to master's degrees, postgraduate certificates and postgraduate diplomas. Level 6 Level 6 qualifications recognise a specialist high-level knowledge of an area of work or study to enable the use of an individual's own ideas and research in response to complex problems and situations.
advanced skills, demonstrating mastery and innovation, required to solve complex and unpredictable problems in a specialised field of work or study manage complex technical or professional activities or projects, taking responsibility for decision-making in unpredictable work or study contexts; take responsibility for managing professional ...
It consists of three cycles, approximately equivalent to bachelor's, master's and research doctorates (PhD-equivalent) degrees in the Anglophone world (note that US first professional degrees such as MD and JD are not PhD-equivalent, even though they are titled "doctorates").
AIA Level 7 Post-graduate Diploma in Professional Accountancy (QCF) is based on the AIA Professional Level 2 papers and is deemed the equivalent level of a master's degree. In 2020, The Association of International Accountants (AIA) has surrendered its status as an Ofqual-recognised awarding organisation.
The CGMA is the most widely held management accounting designation in the world with more than 150,000 designees; it is educationally equivalent to a master's degree. The designation is built on extensive global research to maintain the highest relevance with employers and develop the competencies most in demand.
Both institutions have as a follow-up a professional diploma, usually taken after a year or two in the field. Although the initial certificate is available to anyone with a high school education, the diploma is meant to be a post-graduate qualification and can in fact be incorporated into a master's degree program.