…Finance, part 1: Accountancy
Over the next two months, we will be turning our Spotlight on professional careers in the finance sector, in which there are many opportunities for young people to train regardless of their backgrounds, thanks to support from professional bodies working to improve fair access. This month we focus on accountancy, check back in for March’s issue on other roles within finance. Many of the organisations mentioned support people to train in more than one area of finance, for a quick reference go to our Profession Finder directory.
This month ICAEW bust some myths about accountancy careers, the AAT explains the wide range of options for training with them, ACCA give an overview of their recent initiatives to involve students with the profession and CIMA outlines how their qualifications are a little different…
Don’t forget to also check out our career sector summary for Accountancy & Finance, which includes information about jobs and salaries; routes and qualifications; as well as funding. We also give you an idea of what it’s really like working in these sectors and link through to our career videos and case studies for this sector.
Our careers bulletins (click here to see past issues) focuses on a different sector each month, to help careers advisers and professional bodies guide students in their pathway to a profession.
Accountancy: an overview
Our full summary for this sector can be found here, however we have pulled out a few top facts for you to pass on to your students and clients:
- The gender pay gap has narrowed amongst younger ICAEW Chartered Accountants, find out more here.
- There are three school leaver routes for accountancy which do not require going to university.
- Opportunities for working abroad are plentiful in this sector.
Find out more about routes and qualifications and what it’s really like working in this sector. We also have a jobs board, which allows users to upload their CVs and search for vacancies within the professions.
The Chartered Institute of Management Accountants (CIMA) is the world’s largest professional body of management accountants offering the most relevant accounting qualification for a career in business. Chartered Global Management Accountants use information of all kinds, not just financial, to inform the strategy and help manage the future of the business.
CIMA is keen to work with careers advisers to keep students up to date with the latest information. Visit the CIMA hub for careers advisers.
Find out how CIMA is different, and more about routes to qualifying, in the full article.
Career initiatives from ACCA
ACCA (Association of Chartered Certified Accountants) explains its recent work with careers advisers to engage with students and support them into careers in accountancy.
This has included working with universities to roll out their work experience programme, and an online careers fair, allowing students the opportunity to engage with employers and recruiters.
Busting myths about accountancy careers
If your students are looking for a highly rewarding career, with the opportunity to work anywhere in the world, the ACA qualification from ICAEW can open up a world of opportunity.
ICAEW Chartered Accountants are always in demand. Organisations of every size, in every sector, rely of the skill and expertise of chartered accountants. They are internationally respected for their understanding of complex financial information, and trusted for their strategic business advice.
Find out why students don’t need to study at degree level, and more, by reading the full article from ICAEW.
Finance qualifications open to everyone
The Association of Accounting Technicians (AAT) is a qualifications and professional membership body. We offer qualifications and courses in accountancy, bookkeeping, tax and business skills, which can be studied full time, part time and via distance learning.
Every business needs well-trained finance staff so an AAT qualification in accounting and finance can lead to job roles in all industries – not just finance based companies. We have members working in every sector of the economy from local and central government, industry and small businesses. We also have members running their own practices looking after the financial affairs of other businesses.
AAT is open to everyone – regardless of age, educational attainment or previous work experience. We offer qualifications from Level One to Level Four so there is something for everyone – whether a school leaver looking for their first job in finance, someone who wants to enhance existing accountancy skills or a career changer looking to retrain in a finance role…
Find out more about the options available to your students in the full article.