Courses

Institutions

Your Everything Guide to The Institute of Chartered Accountants in England and Wales (ICAEW)

Duration
3 - 5 years
Average Salary
MYR 3,500 - 5,000
Average Fees
MYR 20,000 - 40,000

Job Demand

Want to know more? Find out everything you need to know about studying ICAEW in Malaysia.

You’re the right fit for this course if you:

Interested in numbers and business strategy
Enjoy solving complex financial problems
Want a career in accounting or auditing

#1 Basics of ICAEW

a) What is ICAEW

ICAEW is one of the world’s leading professional bodies for accountants.

It offers the ACA (Associate Chartered Accountant) qualification, which is recognised globally and provides a pathway to a wide range of careers in business, finance and accounting.

b) ICAEW Paths to Shape Your Career

Public Accounting & Audit

Corporate Finance

Taxation

Management Consultancy

Field	Description
Public Accounting & Audit	Work with clients across industries, handling audits and accounting services.
Corporate Finance	Involve financial reporting, mergers, acquisitions and strategic finance.
Taxation	Specialise in advising individuals or companies on tax regulations and strategies.
Management Consultancy	Provide advisory services on business strategy, operational improvements and financial planning.

c) AI’s Role in ICAEW

Will AI Replace Me?

No, AI Won’t Replace You - It Will Empower You:
AI will automate routine tasks like data entry and report generation, but the analytical and strategic decision-making required in accounting remains human-led.
How You and AI Can Work Together:
AI tools can help streamline data analysis and financial forecasting, allowing you to focus on higher-value tasks like advisory and strategic planning.
Future-Proofing Your Career:
By embracing AI and automation tools, you’ll be able to focus on strategic insights, advisory, and leadership, ensuring your career remains essential even as technology evolves.

#2 Navigating Your Academic Journey

a) Entry Requirements & Qualifications

Pathway	Requirements	Next Steps
Professional Qualification ICAEW	Complete the ACA, a highly-respected professional qualification that requires students to complete at least three years on-the-job training while passing a series of exams	Pursue a wide range of career opportunities in various industries such as Chartered Accountant, Financial Analyst and Tax Consultant.

b) What You Will Study in ICAEW

You’ll focus on core subjects to build a strong foundation. These subjects include:

Financial Accounting

Management Accounting

Business Law

Audit & Assurance

c) Key Skills for ICAEW

Here are some key skills that will help you succeed in an ICAEW course:

Analytical Thinking

Problem-Solving

Attention to Detail

Business Acumen

Don’t worry if you’re still developing these skills — an ICAEW degree will help you build them along the way!

Just be prepared for the journey ahead.

#3 Career Options For You

a) Top Career Paths

Once you’ve completed your degree, a variety of career paths open up to you, including:

Chartered Accountant

Tax Advisor

Audit Manager

Financial Analyst

Industry Insights

ICAEW-qualified accountants are in high demand globally. The combination of technical expertise and business insight opens up limitless career opportunities.