accounting and finance at uni?
Hello im going to do accounting and finance at uni and after do a carer in it.How would i get started on a job in accounting and finance?
Higher Education (University +) - 2 Answers
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Answer 1 :
Obviously it would be up to you if you go to university. Have you considered trying to get a job in an accountancy practice and sitting the exams while you work? Even after you have finished a degree in accountancy, assuming you would follow the path of ACCA, you will only receive so many exemptions from the exams, and you still have to get three years relevant work under your belt before you are accepted into the ACCA. If you work and take your exams, there are numerous benefits - work places tend to pay for your exams and give you time off to study, you are earning money rather than spending a fortune on tuition fees, you will be putting into practice everything you study, and you wil be gaining the three years you need so when you pass the finals you will accepted straight away. Accountancy firms tend to look for juniors with limited experience as they do not have to pay a massive wage whilst they are taking their exams, as they are spending roughly around three grand a year for your exams. I went to university, I didn't study accountancy so didn't get any exemptions, however within one and half years I was at the same level as someone who had spent three years at university, plus I had my experience of working. However I wold not have changed a thing in hindsight about going to university, I loved it. Whichever you choose, I'm sure you won't regret it! Good Luck!
Answer 2 :
You ideally want to have at least 300 UCAS points (something like 3 Bs at A Level) to get a descent position in an accounting firm (probably one of the big 4: Ernst and Young, Deliotte, Pricewaterhousecooper and KPMG). You want to aim to get at least a 2:1 degree (preferably 1st class) For something like consulting or auditing, you are looking at 320 or 340 UCAS points (ABB or AAB) You may get away with 280 UCAS points for tax positions in other accounting firms (BBC), but they are not as popular if you are unlikely enough to get a 2:2, your best option is to apply for small accounting firms. During your university experience, apply for insight courses at one of the big 4 firms to get yourself acquainted with one of the companies (it's best if you apply before you go to uni). Then apply for a summer internship with them immediately after your first year (or immediately after your exams). The internship will be crucial if you want to secure your place with any one of the big firms as competition is ridiculously fierce. Attend all their careers presentations and take down names of the people you have talked to as well as what sort of application/CV they are looking for (they will be holding these workshops all the time). if you can't get into one of the insight days, try to speculatively apply for a voluntary summer job at a local small accounting firm to get some experience (may it be a couple of weeks or a month, etc.), but try to apply 2 months before you go. You then need to occassionally read up on current affairs (e.g. financial times) and you need to attend some sort of club or do some volunteering to show you are a team player (involved in something that uses teamwork). Then focus on your studies, getting the grades you need Accounting and finance is not going to be easy, so be prepared for lots of hard work tbh, accounting firms do not really care what degree you did at university, so long it's a good degree on the other hand, PwC and Enrst & Young both do hold their own PwC's degree: http://www.ncl.ac.uk/nubs/undergrad/flyingstart// info page: http://www.pwc.com/uk/en/careers/student/flying-start-program.jhtml Ernst & Young's degree: http://www.ey.com/UK/en/Careers/Students/Programs/EY-degree info page: http://www.lums.lancs.ac.uk/departments/Accounting/undergraduate/eydegree/ Like I'vse said, these programmes are fiercely competitive so you will have to work hard to get a place, let alone through the application process Hope this helps
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