The University of Finance and Economics of Mongolia signed a Collaborative Agreement with FTMS Global, which is one of the major training and research institutes qualified for conducting ACCA training, on 13th of December 2005. Then, the preliminary actions were commenced in order to organize CAT and ACCA training such as obtaining all related permissions and licenses from the Ministry of Education, Culture and Science, arranging and preparing class rooms and offices, recruiting personnel and devising timetables. Finally, the CAT training was started on October 2006. АССА / The Association of Chartered Certified Accountants/ is one of the top institutes in the world which offers professional degree in the fields of accounting and financial management encompassing nearly 200 branches in 83 countries, 188,000 members and 480,000 students in 178 countries. The indication of its improved academic study quality and efficient student settlement has been verified by the value and demand of the program and ever-increasing student number and expansion of operation framework in the contemporary globalized society.

The University of Finance and Economics wishing to develop a BBA (Bachelor of Business administration) Degree in Accounting, which is available exclusively to ACCA students who wish to obtain a degree while studying towards the ACCA Qualification.

There are lots of benefits to completing the degree, the main one being a degree and a professional accounting qualification are a powerful combination of qualifications to have, putting you in demand with employers and increasing your career prospects.

The University of Finance and Economics has become the first university in Mongolia received exemption accreditation its 3rd and 4th year students and BBA graduates are eligible for a number of exemptions and will enjoy discounted rates on registration and exemption fees when they choose to pursue the ACCA professional qualification.

Purpose of this program is to deliver well-settled professional with high professional ethics in bachelor degree of qualified Accounting and Business Management in addition to offering FIA (Foundations in Accountancy) of ACCA degree or Accounting fundamentals as well as knowledge and skills of ACCA I and II skill levels.
Contents of accounting profession offering program is focused on delivering skills and knowledge in processing, filing, presenting methods and techniques for information regarding finance, tax, social security and administrative reporting in an environment of entity and organization operations.
  • Your degree can be obtained from ACCA or Association of Chartered Certified Accountants, Great Britain resulting in your opportunity to work in approximately 180 countries in the world.
  • Bachelor degree of Oxford Brooks University, Great Britain, and University of Finance and Economics is eligible.
  • Transfer study to other equivalent institutes and universities in highly developed countries like Great Britain, Australia, Canada, Singapore and Malaysia for continuous education shall be eligible.
  • World-ranking education can be obtained in your home country at affordable cost.
  • Student's English language knowledge can be constantly improved.
  • Courses are taught by ACCA and CGMA degree and experienced scientist teachers in English language.
To be awarded the BBA in Accounting you must:
  • To be registered students of UFE and ACCA
  • To complete 42 credit hours of Accounting and Business foundations subjects.
  • To pass all 9 papers of Foundations In Accountancy /FA1, MA1, FA2, MA2, FAB, FFA, FMA, two of the three specialist exams; FAU, FFM and FTX/ at UFE, Mongolia.
  • To transfer into ACCA qualification and complete 6 papers /F4, F5, F6, F7, F8, F9/ of ACCA Fundamentals Skills level in any country you have chosen.
  • Course planning was developed and based on curriculum authorized by ACCA which delivers globally certified accountants.
  • Student shall be member student of ACCA or Association of Chartered Certified Accountants.
  • 60% percent of all subject matters are taught and supervised in English by Mongolian teachers with ACCA and CGMA degree.
  • Base professional and specialization course examinations are arranged by Association of Chartered Certified Accountants.
  • Training courses are conducted using work-books and text-books accepted by АССА.
  • Must be a graduate of senior high school
  • General examination entrance score: English and Mathematics average score should be 620
  • Admission opens every year in July
  • Length of course – 4 years, First 2 years must be completed at UFE. After completion of FIA, you have options to study in above countries to gain a degree.


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