Where Can I Study Chartered Accounting In South Africa? (2024)

South Africa is home to some of the best universities for studying Chartered Accountancy. With a range of top-class universities offering Chartered Accountancy courses, students have the option to study in some of the most renowned and respected institutions in the country.

You can study Chartered Accounting in South Africa at the University of Johannesburg, University of Pretoria, University of Cape Town, University of the Witwatersrand, University of Stellenbosch, University of KwaZulu-Natal, and University of the Free State. These universities offer a range of courses in Accounting, Auditing, Taxation and Financial Analysis, as well as courses relevant to the Chartered Accounting profession.

These courses are designed to equip students with the necessary skills and knowledge to become successful in the field.

Where Can I Study Chartered Accountant In South Africa?

1. University of Johannesburg

2. University of Pretoria

3. University of Cape Town

4. University of the Witwatersrand

5. University of KwaZulu-Natal

6. Stellenbosch University

7. Rhodes University

8. University of South Africa

9. University of the Free State

10. North-West University

11. University of Venda

12. University of Limpopo

13. Tshwane University of Technology

14. Central University of Technology

15. Vaal University of Technology

16. Walter Sisulu University

17. University of North West

18. University of Zululand

19. Damelin College

20. Boston City Campus and Business College

21. The Independent Institute of Education

22. AAA School of Advertising

23. Midrand Graduate Institute

24. Central Technical College

25. Lyceum College

26. Mangosuthu University of Technology

27. Richfield Graduate Institute of Technology

28. Regent Business School

29. Rosebank College

30. Milpark Education

Educational Requirements to study chartered accounting in South Africa on All Levels

Undergraduate Level

To study chartered accounting in South Africa at the undergraduate level, students must first complete a National Senior Certificate (NSC) or an equivalent qualification. This should include a minimum of three subjects, including Mathematics, and a minimum of four credits at the Higher Grade level.

Once the NSC or equivalent qualification has been attained, students must complete an approved accounting degree at an accredited institution. This degree should include courses in financial accounting, auditing, taxation, management accounting, and business law.

Postgraduate Level

To study chartered accounting in South Africa at the postgraduate level, students must first complete an approved accounting degree at an accredited institution. This should include the same courses as required at the undergraduate level.

Once the degree has been completed, students must then pass the South African Institute of Chartered Accountants (SAICA) entrance exam. This entrance exam tests students’ knowledge of accounting, auditing, taxation, and business law.

Once the entrance exam has been passed, students must then complete the SAICA’s Thuthuka Bursary Fund Program. This program includes a three-year training contract with a SAICA-approved training office. During this period, students must complete a supervised work program, which includes studying and passing the SAICA Board exams. Once the Board exams have been passed, students can then apply to become Chartered Accountants in South Africa.

How long does it take to study Chartered accounting in South Africa & what is the mode of study (i.e. Full time or Part time)?

It typically takes three to four years to study for a Chartered Accountant qualification in South Africa. Generally, the qualification is offered on a part-time basis, but some universities and colleges offer the qualification as a full-time program as well.

Part-time Chartered Accountancy programs usually require students to complete modules, exams, and practical work experience at their own pace and over three to four years. The course includes lectures, tutorials, and practical workshops. It is important to note that students are expected to have the necessary knowledge and skills to complete the program.

Full-time Chartered Accountancy programs are generally structured over two years, although some universities and colleges may offer accelerated programs that can be completed in one year. Like the part-time option, full-time courses include lectures, tutorials, and practical workshops.

To become a Chartered Accountant in South Africa, students must pass all of their exams, complete the practical work experience, and be registered with the South African Institute of Chartered Accountants (SAICA).

In addition to the academic requirements, Chartered Accountants must also hold a valid professional indemnity insurance policy and demonstrate good ethical conduct, including adherence to the SAICA’s Code of Professional Conduct.

How much does it cost to study chartered accounting in South Africa?

The cost of studying chartered accounting in South Africa will vary depending on the institution and the program chosen. Generally, the tuition fees for a full-time, three-year Bachelor of Accounting program range from R115,000 to R250,000. This amount may also include additional costs for registration fees, course materials, and other expenses. Additionally, students may also need to factor in the cost of living and any other fees associated with their program.

Are Chartered accountants high in demand in South Africa and what Career opportunities are available for Chartered accountants in South Africa?

Yes, Chartered Accountants are in high demand in South Africa. Due to the country’s growing economy, the demand for qualified professionals in the field of accounting is increasing. The demand for Chartered Accountants is also growing as businesses require financial management professionals to handle their finances.

The career opportunities available for Chartered Accountants in South Africa are vast. They can work in a variety of areas, such as financial auditing, tax consultancy, business advisory services, and financial management. They can also serve in various government roles, such as financial and economic policy advisors or public sector accounting. Additionally, Chartered Accountants can work in the private sector, providing services such as financial management, risk assessment and management, and corporate compliance. Many Chartered Accountants choose to become partners in a firm, while others opt to become self-employed.

How much do chartered accountants earn in South Africa?

Chartered accountants in South Africa earn an average salary of R722,879 per year. Salaries can vary significantly depending on experience and location. Experienced chartered accountants can earn up to R1,000,000 per year. Senior-level positions in larger companies can garner even higher salaries. In addition to salary, many chartered accountants also receive bonuses, commissions, and other benefits.

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Conclusion

You can study Chartered Accounting in South Africa. It is a great way to gain the experience and qualifications necessary to work in the field. There are several universities and institutions offering courses and training in this field, such as the University of Pretoria, the University of Johannesburg, and the University of Cape Town, to name a few.

Additionally, there are several professional and industry bodies, such as the South African Institute of Chartered Accountants, that offer certification and other resources for aspiring Chartered Accountants. With the right qualifications and a commitment to hard work and dedication, there are plenty of opportunities for success in this field in South Africa.