This is one of the most common questions I get from students interested in a career in accounting. Deciding between a university degree and the ACCA qualification can be challenging, as both paths ultimately lead to becoming a Certified Public Accountant in Malta.

So, how do you make the right choice? Is one option better than the other? The truth is, it’s a personal decision that depends on your learning style, preferred study approach and career goals.

The University route: Bachelor of Commerce and Master in Accountancy

At the University of Malta, you’ll follow a structured, full-time academic path:

• Bachelor of Commerce (B.Com.) – This takes three years to complete and requires you to major in accounting along with another subject.
• Master in Accountancy (M.Accty) – If you meet the required grades upon completion of B.Com., you’ll can proceed to a two-year master’s programme.

Total time: 5 years full-time study

But does this mean you can’t gain work experience while studying? Not at all! The Deloitte’s Undergraduate Programme offers you a great opportunity to gain real-world experience. You can work full-time in summer and on a reduced hours basis during the academic year, depending on your timetable and exams.

The ACCA route

The ACCA qualification is more flexible, typically taking between 3 to 5 years, depending on how quickly you complete the 13 exams and the ethics and professional skills module.

Key points:

• You can work full-time while studying, as lectures are often in the evening (live online or in person) or on-demand. 
• You set your own pace—some students complete ACCA faster, while others take their time.
• With Deloitte’s ACCA Programme, students can:
  • Work 32 hours per week (Monday-Thursday), with Fridays dedicated to study. 
  • Start their ACCA journey as full-time students for the first few months, focusing solely on exams before transitioning into work. 

Whichever route you take, balancing work, studies, and personal life can be challenging, so time management is crucial.

What else should you consider?

Here are some other key differences between the two paths:

University students can also benefit from the Erasmus+ programme. You can spend a semester or a full year at another European university. This offers you the change to experience a new culture, enhance your skills and build a global network whilst continuing your studies.

Which route is best for you?

There’s no “right” or “wrong” choice – choose the path that suits you best!