[PALON]

Hi All,

I'm working as fund/asset management audit senior with 5 years experience (+2 in accounting) in Paris and I'm thinking studying for ACA, I wonder what kind of salary i can expect under training agreement in London?

thanks for any reply

[monk_keys]

Hi,

The big 4 graduate schemes in London start on around £28,000 this year and the top 10 are around £25,000.

I'd be interested to hear why you're moving?

[PALON]

My fiancée is already in London and we are tired of Eurostar, and I want a new challenge in London. but the main poblem I face in London are: job market is tight; I have experience but Im not qualified (in Paris you can work in audit without been qualified until manager, only partner sign off the audit). These are the reasons why I'm thinking to study for ACA, which seems to have a better reputation than ACCA.

But the information you provide represent a big salary decrease for me (I'm currently at £40 000).
Coudl they adjust the pay depending on experience?

many thanks

[Tokyoround]

For you I definitely wouldn't suggest going the grad scheme route. You're clearly an experienced hire just lacking the professional qualification. Some experienced vacancies i've seen lean more heavily towards experience than qualifications so I would suggest applying for those and then seeing if they will fund you through the qualification. You could most likely find a senior associate position or at least associate 2.

[M1011]

(Original post by PALON)
But the information you provide represent a big salary decrease for me (I'm currently at £40 000).
Coudl they adjust the pay depending on experience?

The above sounds like solid advise (experienced hire). However if you do end up going for grad scheme training positions, bear in mind the pay rises quickly and while you may start on 28k you'll be earning mid 40s by the end of the third year when you qualify, so it won't take you long to get back to where you were before.

[Samtheman1]

You wont get more than 28k in practise as they still need to train you up to their individual firm standards. Best to go for industry - they will pay more and fund your qualification (likely to be CIMA).