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+--- Thread: Difference between ACCA/MBA/CIMA (/showthread.php?tid=5779)
Difference between ACCA/MBA/CIMA - fenger - 05-01-2009
i would like to enquire about what is the difference between acca , mba and cima.Which one is better and has a higher recognition or standard?Which one will enable its holder to have a higher salary?I know i am very silly to ask this question , but i really know nothing about this.Your help is appreciated.[D]
- CFACCA - 05-02-2009
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by fenger</i>
<br />i would like to enquire about what is the difference between acca , mba and cima.Which one is better and has a higher recognition or standard?Which one will enable its holder to have a higher salary?I know i am very silly to ask this question , but i really know nothing about this.Your help is appreciated.[D]
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
ACCA is basically a qualification for accountants, the basic aim is to equip you with relevant knowledge so as to prepare a firms finantial statement look good and in accordance with applicable GAAPs. While it also includes BM IT and Fm to a lessor extent.
CIMA is a qualification for management accountants. It offers you a desicion making responsibility and various others as per the JD of a management accountant. Just like ACCA, CIMA also covers BM, IT, FM but to a lessor extent than management accounting.
MBA is a post graduate qualification. It is offered in various subjects, so kindly provide me in the relevant field so i can discuss with u the merits and demirts of MBA.
For ACCA / CIMA the thing which matters is the experience, while for MBA the foremost important thing is university. An MBA from LUMS is earning much much more than an MBA from AOU.