Brotherhood
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#21
Report Thread starter 7 years ago
#21
(Original post by GlassesFreak)
Can I ask your living situation?

Are you living alone or with friends? I am looking at an internship which would be ok as I could live with uni friends, but when they graduate and Im alone, I was thinking how I could afford a nice flat without it being too expensive?
With random professionals who are now my friends. It'll generally depend on the city you're based in but up here you can get a nice one bed place for 5-600pcm in the city. I pay 380pcm all in living out of the city, though I lived in for the first six.

Is it a Summer or year internship? If it's just the Summer ask the company if anyone's got a spare room or something. Failing that there's actually SpareRoom. We have a girl on her internship living with us now.

(Original post by gonnabesomething)
You've barely filled half your quota even though contracts are meant to commence in the next couple of months?! Which office are you at? I guess you're saying there's still loads of vacancies, do you know why that is?
When I say that I mean have come through the system fully and are on the rota, they are still interviewing people and will have made offers and have many more in the system. I don't think there'll be any problems and I doubt there are many if any actual vacancies left at this stage.

I'm at Manchester.

(Original post by Ape Gone Insane)
So what are the most glamorous places you guys have travelled to?
Malaga, London, Lake District, going to be in a box at Bolton Wanderers next week.

Less glamorous: Runcorn, Oldham, Leyland, most post-industrial towns/cities in the NorthWest.
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GR3YFOXXX
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#22
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#22
First two stages of the ACA examinations. Chartered Accountants Proficiency 1 & 2. You don't have to do CAP1 if you're an accounting graduate from a partnered institution, I'm a Law graduate though. I should mention I'm studying with the institute of Chartered Accountants Ireland, but I work within the UK tax regime.
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GlassesFreak
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#23
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#23
(Original post by GR3YFOXXX)
First two stages of the ACA examinations. Chartered Accountants Proficiency 1 & 2. You don't have to do CAP1 if you're an accounting graduate from a partnered institution, I'm a Law graduate though. I should mention I'm studying with the institute of Chartered Accountants Ireland, but I work within the UK tax regime.
Oh right. Do non-accounting graduates need to do this in england?! When you say ACA for ireland, is it similar to ACA from the ICAEW and CA from ICAS?
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gonnabesomething
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#24
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#24
Wow, do all you guys not have any family in London you could stay with? Seems like a lot will come out of your salary once you've paid rent, transport and taxes.

On a side note, if I wanted to find London accountancy firms outside of the top 10, would I need to manually search for them?
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monk_keys
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#25
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#25
(Original post by gonnabesomething)
Wow, do all you guys not have any family in London you could stay with? Seems like a lot will come out of your salary once you've paid rent, transport and taxes.

On a side note, if I wanted to find London accountancy firms outside of the top 10, would I need to manually search for them?
Personally no, but even if I did who wants to be living with family in London. I want to be able to bring prostitutes and drug dealers home.

Search the top 100 on accountancy age. Most, if not all, of the top 50 will have offices in London.
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GR3YFOXXX
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#26
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#26
(Original post by GlassesFreak)
Oh right. Do non-accounting graduates need to do this in england?! When you say ACA for ireland, is it similar to ACA from the ICAEW and CA from ICAS?
Yeah ICAI is the Irish equivalent, it's an all-island institution so it covers N.I and R.O.I. To be honest I dont know how the exams are set out for ICAS and ICAEW. ICAI only just rejigged their exams a few years ago to make them more difficult.
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DaneCook
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#27
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#27
(Original post by monk_keys)
Personally no, but even if I did who wants to be living with family in London. I want to be able to bring prostitutes and drug dealers home.

Search the top 100 on accountancy age. Most, if not all, of the top 50 will have offices in London.
Nail on head, living with family would be a drag, besides rent is pretty cheap for me, I was baulking at 400pcm in my regional office :lol:.

We've got it good.
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gonnabesomething
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#28
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#28
(Original post by monk_keys)
Personally no, but even if I did who wants to be living with family in London. I want to be able to bring prostitutes and drug dealers home.

Search the top 100 on accountancy age. Most, if not all, of the top 50 will have offices in London.
I would If it saved me £5,000-£6,000 a year I would. And considering you're studying for pretty solid exams, I've got a few mates in London who have no choice but to do flat share, and you can get some very annoying house mates; from them making loads of noise when you need silence to study to them eating your food and throwing away meat that you've frozen for later etc.

But I can see the benefits of moving out; freedom And thanks, I will do
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Tokyoround
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#29
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#29
(Original post by gonnabesomething)
Wow, do all you guys not have any family in London you could stay with? Seems like a lot will come out of your salary once you've paid rent, transport and taxes.

On a side note, if I wanted to find London accountancy firms outside of the top 10, would I need to manually search for them?
They've pretty much answered your question. Why live at home when you don't need to, it's a massive culture shock moving home after being at uni (in my experience anyway). You feel guilty about coming home late, being drunk etc. Much better to just move out if you can afford it.

Also, living at home would give me a 1.5 hour commute, and cost £200+ a month in transport. Where I rent right now it takes 30mins on the bus or 20-30mins if I can be arsed to run in to the office.
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monk_keys
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#30
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#30
(Original post by gonnabesomething)
I would If it saved me £5,000-£6,000 a year I would. And considering you're studying for pretty solid exams, I've got a few mates in London who have no choice but to do flat share, and you can get some very annoying house mates; from them making loads of noise when you need silence to study to them eating your food and throwing away meat that you've frozen for later etc.

But I can see the benefits of moving out; freedom And thanks, I will do
Yeah I get that, everyone I went to uni with moved to London after graduation so I didn't have to worry about random flatmates.
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Narcissist
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#31
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#31
Started a training contract for a pretty small firm in London a couple of weeks ago. The firm specialises in not for profit accounts so although they're small some of the clients are still pretty recognisable.

What I've enjoyed about the first few weeks:
The hours are very reasonable, I've been 9-5 every day, latest I've had to stay is 5.30. A manager told me that in 5 years the latest he's been in on a night is 6.15 so I don't see many 11pm style finishes on the horizon.
I was literally working at the clients from my first day, it's nice to be doing valuable work from the offset.

What I've not enjoyed:
Some of the tasks are very boring, there's no escaping it. The majority however are pretty reasonable.
The tube is too hot.
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GlassesFreak
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#32
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#32
Hi, So the main problem with my (soon to be) internship apps is that I dont have much experience in the competencies I plan on doing.

I managed to get on a committee, took my first part time job this summer for experience, doing a weeks w/e in an accountancy firm, doing CFAB, led some events at uni and helped at open days, plus I am now a student brand manager for the ICAEW.

Most of this was done at the end of first year/this summer. As Ive not done much in these roles can I really use them for competencies? I planned on applying end of september so I could have a few weeks in the role. Would this be ok?
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Mos Def
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#33
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#33
Will be starting at a Big4 in FS Tax, London. Not looking forward to studying at all...ive done a Mathematics degree so the ACA is totally alien to me, but am looking forward to the money. By the by, are any of you opting in or for a pension?
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Regent
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#34
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#34
Thread is a great idea.

I'm hopefully soon to be a big four trainee in London on a shared scheme in assurance and transactions services. Also quite interested in corporate finance.



(Original post by gonnabesomething)
I would If it saved me £5,000-£6,000 a year I would. And considering you're studying for pretty solid exams, I've got a few mates in London who have no choice but to do flat share, and you can get some very annoying house mates; from them making loads of noise when you need silence to study to them eating your food and throwing away meat that you've frozen for later etc.

But I can see the benefits of moving out; freedom And thanks, I will do

This is why it's best to get housemates in a similar situation to you. In September I'm living with 4 other people. One is doing the ACA at the same firm as me, another's doing CIMA and, the third is on an actuary grad scheme (their exams are even more difficult than the ACA) and the last is a strategy consultant at MBB. So a mad Saturday night for us will probably be an eight hour library session. Can't wait...?
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Brotherhood
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#35
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#35
Summer x Pensions Audit x Smashing Work = Dream

Love those early finishes.

(Original post by Mos Def)
Will be starting at a Big4 in FS Tax, London. Not looking forward to studying at all...ive done a Mathematics degree so the ACA is totally alien to me, but am looking forward to the money. By the by, are any of you opting in or for a pension?
Yep. Not many have though in my year.
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Tokyoround
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#36
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#36
I'll probably opt in for pensions at choices renewal. I'd hope to be so wealthy I wouldn't need a pension but, might as well start saving just in case...
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monk_keys
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#37
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I'll do some maths before I decide, not going to be on as much as you guys so not necessarily worth it.
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Mos Def
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#38
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#38
(Original post by Brotherhood)
Summer x Pensions Audit x Smashing Work = Dream

Love those early finishes.



Yep. Not many have though in my year.
Yeah not many of my friends are taking it either....I probably wont this year, especially with student loans being taken from me.


(Original post by Tokyoround)
I'll probably opt in for pensions at choices renewal. I'd hope to be so wealthy I wouldn't need a pension but, might as well start saving just in case...
Yeah I've also thought about this lol...at worst theres the state pension
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the-scientist
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#39
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#39
(Original post by Mos Def)
Yeah not many of my friends are taking it either....I probably wont this year, especially with student loans being taken from me.




Yeah I've also thought about this lol...at worst theres the state pension
I've not bothered with the pension, I have enough to pay out at the moment. I've been told it will be compulsory to contribute towards the end of next year though.


This was posted from The Student Room's iPhone/iPad App
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Regent
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#40
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#40
(Original post by the-scientist)
I've not bothered with the pension, I have enough to pay out at the moment. I've been told it will be compulsory to contribute towards the end of next year though.


This was posted from The Student Room's iPhone/iPad App
How do you opt out?
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