Cheap (UK-based) Accounting Degree

This may be one of the best educational deals I've seen. Students pursuing the ACCA accounting certification can also earn their BSc (Honours) from Oxford Brookes University by paying a GBP 50 fee and completing a research project. The total cost of the examinations and the fee is about USD $1600, provided you complete the program in the minimum allowable time. There is also a "practical experience" requirement for ACCA membership, but I am not sure if you have to meet that requirement to earn the degree.

More information can be found at:

http://www.accaglobal.com/

 

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As far as I understand, one has to pass 9 subjects (Paper 1.1 - 1.3, 2.1 - 2.6) in the professional examinations of The Association of Chartered Certified Accountants (ACCA) before one can apply for such program.

In addition, the name of ACCA is included in the Oxford Brookes University's degree; that means others know how the degree is obtained.

 

Mmm, looks most tempting! My wife is pretty much set on Excelsior route with LSU courses, but we would seriously concider this opportunity had we knew about it earlier.

What wod be the utility of such a degree in the USA? Will it qualify one to sit for CPA exam?

 

I quite doubt that such degree will qualify one to sit for US CPA exam which requires 150 credits with different areas to be covered. Furthermore, I don't know how its transcript looks like, as, in fact, one does not take any course in the University.

Incidentally, the professional exams offered by the UK Chartered bodies are tough and it takes time to pass for 9 subjects in the ACCA (total number of subjects is 14).

 

My wife has 150 hours in her Management degree from Ukraine (or at least that's what credential evaluator said), but, you're right, it looks doubtful. So, Excelsior it is...
Maybe we'll look at it after that. Having accounting degree is supposed to give exemption from 5 out of 9 papers, so theoretically one can complete four remaining papers in one sitting. So, one trip to New Yourk and a term paper... Then again, having "BS Accounting, BA(Hons) Applied Accounting" on one resume might seem weird... Or might be not.

 

Forgot to ask: whats wrong with "how it was obtained"? It seems like perfectly normal British external, study-as-you please-then-take-a-huge-exam type of degree. Kinda like what EBS does or like UL External is all about. Of course, there is some sneakiness in that you can get BSc(Hons) without ordinary BSc, but who am I to question a royally chartered University and British QAA? Besides, my wife already has a degree, and plan to pikc up another one from Excelsior in a matter of months.
Anyways, I still like this idea very much. My wife was an accountant with promising carreer in Ukraine, halfway through to the national designation (and the one from a new international body created in exUSSR, CIPA), before coming to the USA with me on a Student Spouse "you're screwed" nonimigrant visa that leaves her at home with way too much time at her hadns. ACCA designationis are pretty known in Europe, tough, concentrates on a different set of standards ("International Standards" vs "GAAP", whatever both mean), and will ocupy her for a while. Oh, and it's not THAT expensive. This Bachelors degree is just an icing on the cake, and, from this point of view, only costs 50 GBP (<100 bucks). Besides, she could try to network with some professor here at FSU by asking hem to be her "mentor" for the project (a requirement by OBU). Who knows - it could result in an assistantship offer for the MAcc or PhD...