Studying in an accounting practice can lead to an array of potential careers and fast track you to the top of global organisations. More than half of the FTSE 100 CEOs come from an accounting background
Below are some reasons why a trainee accounting role might be for you.
1. Structured career path
Prospects within the accounting sector are good with advancement being a very structured process. In order to become an accountant, you have to pass a series of professional exams and undergo a period of practical training. For this reason, graduates who begin their careers as accountants will usually start studying immediately.
2. Quick progression
Training to be ACA or ACCA-qualified takes between three to four years, and although workloads can be heavy during this time, successful employees will benefit from significant responsibility and high profile activity. For instance, many accountants will play a pivotal role in an organisation's business decision-making process, ensuring they are at the centre of all aspects of the company. Additionally, within larger organisations there are opportunities for global travel and secondments overseas.
3. Interesting work
Graduates often have a pre-conceived misconception of what a long-term career in accountancy can offer. Many believe it is a working life of number crunching, however modern day accounting is very different. Most large firms operate along the lines of the traditional management consultancies. As a result, accountants within these organisations have a strong commercial awareness and influence on how a business is run.
4. Good job opportunities
Qualified accountants have always been highly sought after but times of economic troubles past have reinforced the need to have good accountants involved in the decision-making process within businesses.
What are the requirements?
Generally you'll need at least a 2:1 degree in a business or finance subject. However, more and more firms are willing to look outside this and people who have studied engineering, IT or maths related courses are often considered.
Other desirable attributes include:
- Strong Excel skills
- Good communication skills
- Good written skills
- Excellent presentational skills
If you feel this may be the career path for you then feel free to speak to any of Morgan McKinley's expert Trainee Accounting recruitment team.