Why Gen Z in Nepal Is Choosing ACCA Over Engineering & MBBS

In Nepal, a major generational shift is happening. Where once the gold standard of success was a degree in engineering or MBBS, today’s students—especially Gen Z—are taking a different path. Increasingly, they are opting for the globally recognized ACCA (Association of Chartered Certified Accountants) qualification instead.

This move isn’t random. It reflects a deeper change in aspirations, global awareness, and career strategy. For many Nepali students, ACCA offers what engineering and MBBS often can’t: flexibility, international mobility, faster returns, and alignment with emerging career trends.

A Career That Doesn’t Take 6–8 Years

Becoming a doctor or an engineer in Nepal often requires 6–8 years of continuous study, along with intense competition, high costs, and uncertain job placements. In contrast, ACCA can be completed in 2.5 to 3 years with consistent effort.

For Gen Z, who prioritize speed, results, and flexibility, ACCA’s modular structure—allowing students to study at their own pace and appear for exams throughout the year—is a game changer. Many students also study ACCA while pursuing their bachelor’s degree, effectively doubling their qualifications without doubling the time.

Global Qualification, Global Opportunities

ACCA is recognized in over 180 countries. Unlike MBBS or engineering degrees from Nepal, which often require additional licensing exams abroad, ACCA opens direct pathways to global careers. From audit and assurance to ESG analysis and digital finance, ACCA-qualified professionals are in demand worldwide.

This global reach is especially appealing to young Nepalis who are ambitious, tech-savvy, and interested in working in countries like the UK, UAE, Singapore, or Canada.

Cost-Effective and Career-Focused

The cost of an MBBS seat in a private college in Nepal or India can exceed 60–70 lakhs NPR. Engineering programs, while cheaper, still involve substantial tuition and hostel expenses, often without the guarantee of a job.

On the other hand, ACCA is relatively affordable and delivers a high return on investment. Many students start earning as early as their second year by taking part-time roles in accounting firms. Some even land full-time jobs right after clearing the Applied Skills level.

Technology and Business: The Future is Here

Gen Z is growing up in a world dominated by automation, data, and digital business models. ACCA has evolved to meet these trends by integrating subjects like data analytics, AI in finance, and ESG reporting into its curriculum.

This future-ready content makes ACCA Courses more aligned with the real world, giving students practical and in-demand skills. In contrast, many traditional degrees are still stuck in outdated syllabi, disconnected from industry needs.

Better Work-Life Balance and Career Variety

Another reason Gen Z is turning to ACCA is the freedom it offers in choosing a career path. Whether you want to work in a multinational, launch your own business, or become a finance consultant, ACCA supports all these possibilities.

Moreover, the work-life balance in finance and accounting roles is generally better compared to the demanding schedules of doctors and engineers, particularly in the early career stages.

The Role of Coaching and Guidance

While ACCA is self-paced, students benefit immensely from expert mentorship and guidance. High-quality ACCA Coaching is now available in Nepal through institutions like Hamzah Academy, which offers structured classroom programs, mentorship from qualified ACCA members, and regular mock tests.

Hamzah Academy also supports students with career planning, internship guidance, and job placement assistance—making the ACCA journey more result-oriented.

Conclusion: A New Era of Career Choice

For Gen Z in Nepal, career decisions are no longer driven by tradition—they’re driven by purpose, practicality, and vision. ACCA ticks all the boxes: international recognition, practical skills, financial independence, and diverse career options.

With institutions like Hamzah Academy offering student-friendly, success-driven ACCA Courses and focused ACCA Coaching, it’s no surprise that more young minds are choosing this path over conventional options like engineering and MBBS.

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Last Update: June 26, 2025