What is the Cost of Studying ACCA in the Maldives?



 The ACCA (Association of Chartered Certified Accountants) qualification is an increasingly popular choice among students in the Maldives who are aiming for international careers in finance, audit, and accounting. While the benefits of ACCA are clear—global recognition, high employability, and strong earning potential—many prospective students are keen to understand the financial investment required to complete the program.

This article breaks down the full cost of studying ACCA in the Maldives in 2025, covering registration, exam fees, learning support, and coaching expenses.

1. ACCA Initial Registration and Annual Subscription

Every student begins their ACCA journey with a one-time registration fee and an annual subscription fee:

  • Initial Registration Fee: Approx. USD 45

  • Annual Subscription Fee: Approx. USD 125 (payable every year while studying)

These are mandatory payments made directly to ACCA Global to become and remain an active student.

2. Exam Fees (Per Paper)

There are 13 exams in total across three levels:

  • Applied Knowledge (3 papers)

    • Computer-based exams: USD 120 per paper

  • Applied Skills (6 papers)

    • Standard entry: USD 150–160 per paper

  • Strategic Professional (4 papers)

    • Standard entry: USD 190–200 per paper

Keep in mind that early registration offers reduced fees, while late entries come at a premium. Spreading the exams over 2–3 years helps manage the financial load.

Estimated Total Exam Fees: USD 1,800 to USD 2,200

3. Study Material and Online Learning Platforms

Self-study students will need ACCA-approved materials from publishers like BPP or Kaplan:

  • Books (per paper): USD 35–50

  • Total for 13 papers: Approx. USD 500–650

For those opting for online ACCA Courses, prices vary:

  • Basic Online Course (per paper): USD 100–150

  • Premium Packages with live classes: USD 200–300 per paper

4. ACCA Coaching in the Maldives

Structured coaching is recommended, especially for students new to accounting. Institutes like Hamzah Academy offer professional ACCA Coaching, helping students with:

  • Instructor-led classes

  • Mock exams and feedback

  • Practical finance case studies

Coaching costs can range from USD 200 to USD 350 per paper, depending on the course package and level of support.

5. Miscellaneous Costs

  • Internet/Data Access (for remote exams or online classes): USD 10–15/month

  • Remote Exam Equipment Setup (optional webcam, mic, etc.): USD 100 (one-time)

  • Additional Workshops or skill-building sessions: USD 50–100

Total Estimated Cost of Studying ACCA in the Maldives

Here’s an approximate breakdown of the full cost over the duration of the ACCA qualification:

Category

Estimated Cost (USD)

Registration + Subscription

500

Exam Fees (13 papers)

2,000

Study Material/Online Access

600

Coaching (optional)

2,000–3,500

Miscellaneous Expenses

200

Total

$5,300 – $6,800

Conclusion

Studying ACCA in the Maldives is an investment in a globally recognized qualification. While the costs may appear substantial, the return on investment is significant—especially for students aiming for roles in international accounting, finance, or auditing. With expert support from institutions like Hamzah Academy, and well-planned ACCA Courses and ACCA Coaching, students in the Maldives can confidently pursue their dreams and open doors to careers across Asia, the Gulf, and beyond.

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