A record number of young people enrolled in higher education in 2017/2018 according to recent Government statistics, which means that for the first time more than 50% will be attending university. While many students will have recently started their places after the summer break, or are taking their first steps into the world of work, there will be many who are still uncertain of what route to take next and whether the decisions they have made are the right ones.
If a career in finance is still a consideration, it’s never too late to consider all options.
“If you have an interest in business and finance, there are a variety of ways to enter the accountancy profession” Neil Johnson advises.
“We have a number of trainees at Bryden Johnson who have started their careers straight from school. The key requirements for a career in accounting and finance are great organisations skills, a keen business sense, and being good with numbers. When starting out in any career, enthusiasm and a willingness to learn will go a very long way. While a degree is still desirable in certain areas of accountancy, it’s not a prerequisite”
Bryden Johnson currently have eight employees in different stages of their training careers, some recently starting an apprenticeship role after completing their A Levels, taking the AAT route, and others who are completing the final stages of their Chartered Accounting qualifications after joining Bryden Johnson from University.
“Which ever route our trainees chose to take, it’s wonderful to see them grow in confidence as they gain experience and take on more responsibilities.
“There are a variety of opportunities available, and it’s never too late to start thinking about alternative routes into your chosen career.”
What are the benefits of an accountancy qualification, and what can I do once qualified?
One of the main benefits of becoming a qualified accountant is that you can apply your skills to any industry, and as the finance world is constantly changing there are unlimited options. However, they could include:
- managing your own business
- running your own accountancy practise
- specialising in a particular area of accounting or tax
- becoming a finance director for a sports company, a fashion brand, or working in central or local Government
What qualifications are available?
There are a variety of options including:
AAT accounting courses – the Association of Accounting Technicians (AAT) is made up of three qualifications across three levels, which combine industry knowledge and practical work skills.
ACCA qualifications – the Association of Chartered Certified Accountants (ACCA) hosts two levels of qualifications; Fundamentals and Professionals. Their modules cover a variety of topics from corporate and business law to audit and assurance.
ICAEW chartered accountant status – also referred to as the ACA, this qualification consists of three to five years of practical work experience and the completion of 13 modules.
For more information please see ICAEW, AAT, ACCA websites, or contact us to discuss any new opportunities.