The Student Room Group

Accountant Job prospects with Good GCSEs but average A levels.

So I was wondering what sort of future job aspects I could get with my grades.

At GCSE I got an A in Maths and 5 other GCSEs, averageing a B with a Lvl 2 higher diploma in Engineering at Grade B (Equivalent to 7 GCSEs).

At AS Level the first year I took Physics, Maths(Mechanics), English Literature and IT. I failed Physics and Maths(Mechanics), while getting 2 Es at English Literature and IT.

The second year of College I decide to take Business Studies and BTEC IT Diploma, with the 3rd year adding AS Economics to this. I predicted to achieve a MM in IT, C in Business and C in AS Economics.

If I was to take up an apprenticeship with a small accountancy firm; with a couple of FTSE 100 clients, but mainly Medium to Small businesses and achieve the level 4 MAAT and then go on to achieve the ACA qualification, what would my career prospects be like?

Could I use the 160 UCAS points from the IT diploma, 80 from Business A level in addition with the 160 from AAT and have a total of 400? or does that not count?

Would I be better to do a degree an aim to achieve a first
(edited 9 years ago)

Scroll to see replies

As an AAT Apprentice for a small practice I can only give you my side of the story, I'd say the opportunity to learn and work at the same time is preferable as you aren't just learning theory and then revising it for exams - you end up using what you've learnt at college the next day at work, resulting in the knowledge becoming embedded in your mind and constantly used!

Once I finish my AAT exams I will be looking to move onto the ACCA or ACA qualification, I don't feel like I would've benefited from going to University instead of doing the AAT - both end up taking roughly the same amount of time and the AAT gives you a professional qualification at the end.

Career-wise, as long as you complete the ACA/ACCA you can do whatever you like, including specialising into different areas of the industry.
Original post by bobblychump

If I was to take up an apprenticeship with a small accountancy firm; with a couple of FTSE 100 clients


:confused:

I think you need to do a bit more research on what constitutes a small firm! You've just described Grant Thornton haha
A "small firm" will have no clients near the size of a FTSE 100... unless doing work for them that borders on illegal. Clients will be local businesses such as takeaways/restaurants, sports centres, mechanics etc.
Reply 4
Going down the apprenticeship/AAT route seems a good idea if you can get a place. As others have said, with a small local firm your clients are going to be mainly small independent businesses. You are likely to get experience in accounts and some tax, but probably nothing in audit. After AAT you can go on to ACCA or ACA although you may have to change employer. It is worth pointing out that working and studying for ACCA or ACA exams is hard and even with a good track record of GCSEs / A levels / degree, people can struggle.

To be honest, with your existing grades you are unlikely to get into one of the big national firms even if you go to university and get a 1st. They will still look at your A level grades.

Have you looked at the websites of some local firms in your area - they will often give you an idea of the type of clients they deal with.

Best of luck
Reply 5
Original post by bobblychump
So I was wondering what sort of future job aspects I could get with my grades.

At GCSE I got an A in Maths and 5 other GCSEs, averageing a B with a Lvl 2 higher diploma in Engineering at Grade B (Equivalent to 7 GCSEs).

At AS Level the first year I took Physics, Maths(Mechanics), English Literature and IT. I failed Physics and Maths(Mechanics), while getting 2 Es at English Literature and IT.

The second year of College I decide to take Business Studies and BTEC IT Diploma, with the 3rd year adding AS Economics to this. I predicted to achieve a MM in IT, C in Business and C in AS Economics.

If I was to take up an apprenticeship with a small accountancy firm; with a couple of FTSE 100 clients, but mainly Medium to Small businesses and achieve the level 4 MAAT and then go on to achieve the ACA qualification, what would my career prospects be like?

Could I use the 160 UCAS points from the IT diploma, 80 from Business A level in addition with the 160 from AAT and have a total of 400? or does that not count?

Would I be better to do a degree an aim to achieve a first


That's a small firm? Maybe just go with a little tech start-up like IBM or a minor FMCG like Unilever? :redface:

Those grades really aren't great. Why did the A-levels go so badly? There's a reason why firms put an emphasis on them - the ACA exams (or equivalent) are tough and if those A-level grades reflect your best than academically you might not be up to it. Blunt but honest.

If you think you are up for it (prepare to work much harder than you did at A-levels..) then any kind of apprenticeship that'll get you qualified would be a great shout in your position. Don't fuss over trying to get bigger clients, the national firms are rigid with their 300+ requirements so it won't happen. You can't combine a bit of everything to get there, it's your first full 3 A-levels, so something giving you 160 points will undoubtedly count as two of the three grades if it is counted at all.

Regarding the degree route, all the big firms will still filter based on A-levels so realistically it might not help. Especially if your plan for a first actually works out to something less than a 2.1, which would leave you in a bad situation. However in a more generic sense getting a 2.1 or above may help your future prospects, just not so much in accountancy.

Best bet would be to latch on to any apprenticeship that comes your way if you're serious about the accountancy career path. Once you're qualified and have some experience under your belt, nobody will care about your A-levels :smile:
Reply 6
Original post by M1011
That's a small firm? Maybe just go with a little tech start-up like IBM or a minor FMCG like Unilever? :redface:

Those grades really aren't great. Why did the A-levels go so badly? There's a reason why firms put an emphasis on them - the ACA exams (or equivalent) are tough and if those A-level grades reflect your best than academically you might not be up to it. Blunt but honest.

If you think you are up for it (prepare to work much harder than you did at A-levels..) then any kind of apprenticeship that'll get you qualified would be a great shout in your position. Don't fuss over trying to get bigger clients, the national firms are rigid with their 300+ requirements so it won't happen. You can't combine a bit of everything to get there, it's your first full 3 A-levels, so something giving you 160 points will undoubtedly count as two of the three grades if it is counted at all.

Regarding the degree route, all the big firms will still filter based on A-levels so realistically it might not help. Especially if your plan for a first actually works out to something less than a 2.1, which would leave you in a bad situation. However in a more generic sense getting a 2.1 or above may help your future prospects, just not so much in accountancy.

Best bet would be to latch on to any apprenticeship that comes your way if you're serious about the accountancy career path. Once you're qualified and have some experience under your belt, nobody will care about your A-levels :smile:
Family issues I guess could be attributed towards it.

However although I am predicted to achieve an MM in IT, I have already achieved a MM and look set to achieve a DM, bringing my total UCAS points to 280, or 320 with AS Economics.
Reply 7
Original post by bobblychump
Family issues I guess could be attributed towards it.

However although I am predicted to achieve an MM in IT, I have already achieved a MM and look set to achieve a DM, bringing my total UCAS points to 280, or 320 with AS Economics.


To be honest, I'm not fully sure what you mean when you talk about MM and DM. I understand AS and A2 :tongue:

The point with the UCAS tariffs is that they are supposed to benchmark you against other candidates. If you're doing something other than A-levels, they won't necessarily be weighted the same. If the qualification has a higher potential UCAS point contribution that 120 (an A at A2), then it evidently isn't going to be weighted as 1/3 grades on a UCAS tariff. Similarly I don't think AS are generally considered, as you're expected to have done the equivalent of 3 A2s (which you may well have done? I'm unclear on that). This isn't about just adding everything up - otherwise loads of people would have 500+ points! It's the equivalent of your top three A-levels that will count, and usually on first sitting.

The best way to check whether your grades will cut it is to jump on a few careers sites (try Deloitte and PWC for a starting point) and seeing if they have info on their on converting your grades to their tariff. Both require 300 UCAS, so the equivalent of BBB at A-level.
Reply 8
Original post by M1011
To be honest, I'm not fully sure what you mean when you talk about MM and DM. I understand AS and A2 :tongue:

The point with the UCAS tariffs is that they are supposed to benchmark you against other candidates. If you're doing something other than A-levels, they won't necessarily be weighted the same. If the qualification has a higher potential UCAS point contribution that 120 (an A at A2), then it evidently isn't going to be weighted as 1/3 grades on a UCAS tariff. Similarly I don't think AS are generally considered, as you're expected to have done the equivalent of 3 A2s (which you may well have done? I'm unclear on that). This isn't about just adding everything up - otherwise loads of people would have 500+ points! It's the equivalent of your top three A-levels that will count, and usually on first sitting.

The best way to check whether your grades will cut it is to jump on a few careers sites (try Deloitte and PWC for a starting point) and seeing if they have info on their on converting your grades to their tariff. Both require 300 UCAS, so the equivalent of BBB at A-level.


When I say MM/DM I'm talking about a BTEC National Diploma, D equivalent to A at A2, M to C, P to E

So with a DM in BTEC IT and C in Business Studies, this would be equivalent to ACC
Reply 9
Original post by bobblychump
When I say MM/DM I'm talking about a BTEC National Diploma, D equivalent to A at A2, M to C, P to E

So with a DM in BTEC IT and C in Business Studies, this would be equivalent to ACC


OK - so that would put you short of the bigger firms (which usually want 300-320), but there will be plenty of places happy to take 280 providing you prove yourself the right candidate.

Don't get to hung up on the ACA either. It's going to be easier to get on an ACCA or CIMA contract realistically speaking, so don't restrict your options.
Original post by M1011
This isn't about just adding everything up - otherwise loads of people would have 500+ points! It's the equivalent of your top three A-levels that will count, and usually on first sitting.

The best way to check whether your grades will cut it is to jump on a few careers sites (try Deloitte and PWC for a starting point) and seeing if they have info on their on converting your grades to their tariff. Both require 300 UCAS, so the equivalent of BBB at A-level.


This. I'm pretty sure that the big 4 won't allow you to 'add up' all of your qualifications.

Original post by bobblychump
When I say MM/DM I'm talking about a BTEC National Diploma, D equivalent to A at A2, M to C, P to E

So with a DM in BTEC IT and C in Business Studies, this would be equivalent to ACC


In terms of UCAS points criteria, big 4 for audit typically require 300 UCAS points (BBB) in your A levels first sitting.

This does not mean that your A levels have to all be sat within 2 years. You could do 3 A levels at 18, achieve BBC first attempt in Maths, Econ, History for example. If you then decide at 21 you'll self-study A level business and get another B in that, that new 'B' grade will still count. It's just that for each subject, you need to achieve the grade in the first sitting.

To answer your question, I have seen people achieve their accounting qualification and move into an assistant manager position at the big 4. Thing is, they had 2.1 degrees. I don't know for accountancy experienced hire positions require a degree or have a UCAS tarriff. I would've assumed at that stage, experience and an ACA/CIMA qualification were more important.

Edit: Don't know whether/which accounting firms accept BTECs.
Reply 11
Original post by Tomatochuckers
This. I'm pretty sure that the big 4 won't allow you to 'add up' all of your qualifications.



In terms of UCAS points criteria, big 4 for audit typically require 300 UCAS points (BBB) in your A levels first sitting.

This does not mean that your A levels have to all be sat within 2 years. You could do 3 A levels at 18, achieve BBC first attempt in Maths, Econ, History for example. If you then decide at 21 you'll self-study A level business and get another B in that, that new 'B' grade will still count. It's just that for each subject, you need to achieve the grade in the first sitting.

To answer your question, I have seen people achieve their accounting qualification and move into an assistant manager position at the big 4. Thing is, they had 2.1 degrees. I don't know for accountancy experienced hire positions require a degree or have a UCAS tarriff. I would've assumed at that stage, experience and an ACA/CIMA qualification were more important.

Edit: Don't know whether/which accounting firms accept BTECs.


Contrary to this, many (but of course not all) companies would only look at those first set of results from the first two years of A-levels. This is often what they mean by first sitting.
Original post by M1011
Contrary to this, many (but of course not all) companies would only look at those first set of results from the first two years of A-levels. This is often what they mean by first sitting.


I asked PwC, KPMG and Booz & Co (OK thats now part of PwC) HR about this issue.

Basically I already had my 3 A levels. I wasn't too happy with the grades. In my gap year I took a fourth (and entirely new) A level. The above companies all said they'd accept the grade. What they wouldn't accept was if I resat one of my 3 A levels which I had already obtained a grade in. I haven't met a company which wouldn't allow an A level sat outside the 2 years but then I've only asked the above 3. You may well be right, some companies may not allow this.
Reply 13
Original post by Tomatochuckers
I asked PwC, KPMG and Booz & Co (OK thats now part of PwC) HR about this issue.

Basically I already had my 3 A levels. I wasn't too happy with the grades. In my gap year I took a fourth (and entirely new) A level. The above companies all said they'd accept the grade. What they wouldn't accept was if I resat one of my 3 A levels which I had already obtained a grade in. I haven't met a company which wouldn't allow an A level sat outside the 2 years but then I've only asked the above 3. You may well be right, some companies may not allow this.


Sounds like more of them accept this then I thought. I know for example that Accenture does not accept anything sat outside of first two years, so it must be a bit of a mix. Best bet I guess is always to confirm with HR first!
Original post by bobblychump
So I was wondering what sort of future job aspects I could get with my grades.

At GCSE I got an A in Maths and 5 other GCSEs, averageing a B with a Lvl 2 higher diploma in Engineering at Grade B (Equivalent to 7 GCSEs).

At AS Level the first year I took Physics, Maths(Mechanics), English Literature and IT. I failed Physics and Maths(Mechanics), while getting 2 Es at English Literature and IT.

The second year of College I decide to take Business Studies and BTEC IT Diploma, with the 3rd year adding AS Economics to this. I predicted to achieve a MM in IT, C in Business and C in AS Economics.

I'll be blunt, there's no way you'll pass chartered accountancy exams. The reason accountancy firms care particularly strongly about A-levels is that they represent a similar type of exam experience to the ACCA/ICAEW/ICAS exams. You need to memorise and regurgitate large amounts of information in a relatively restricted time period. There's nothing about any of the above grades that suggests you can do that.

I appreciate you probably don't want to hear that, and I know that the typical advice is "you can do anything if you put your mind to it", but seriously, save yourself a lot of disappointment further down the line and pick a different career route.
Original post by MancStudent098
I'll be blunt, there's no way you'll pass chartered accountancy exams. The reason accountancy firms care particularly strongly about A-levels is that they represent a similar type of exam experience to the ACCA/ICAEW/ICAS exams. You need to memorise and regurgitate large amounts of information in a relatively restricted time period. There's nothing about any of the above grades that suggests you can do that.

I appreciate you probably don't want to hear that, and I know that the typical advice is "you can do anything if you put your mind to it", but seriously, save yourself a lot of disappointment further down the line and pick a different career route.


Slightly harsh there. OP did get good GCSE results, so can clearly regurgitate information. And OP did say they had family problems.

There's also a lot to be said about studying efficiently. A levels relies a lot more on independent studying, which takes time to learn discipline for if you're not used to it.

I got 180 UCAS points because I was an ineffective studier at college (and a bit lazy) but at uni stepped it up, and then when I studied professional exams further refined my studying skills - it's now a lot easier to 'remember' information.

So there is definitely hope for OP.
Hard work and discipline goes a LONG way.


Posted from TSR Mobile
Reply 16
Normally I would be more positive than this but your A-Levels really aren't good. I generally believe that most employers (top law firms and chambers aside) take a liberal approach to A-Levels and will accept one bad result but in your case all of your results are disappointing. To a big firm, you simply can't compete with other applicants. To a small firm, you pose too much of a financial and succession risk; they might only be able to train someone once every two years and won't take a chance on someone who may well fail the exams or not apply themselves to their work.

Unfortunately, one of two scenarios screams out from your CV. Either you don't have the academic acumen required to be a good accountant or you don't work hard enough to become a good accountant.

If you really believe accountancy is your vocation, then you're going to have to work extremely hard and go to great personal expense to get there because you've missed your chance to use your A-Levels to get in the door. You will need to do AAT full time at your own expense and then apply for roles in a small firm of accountants or industry. Hopefully they will pay your ACCA/ICAEW/CIMA fees but if they don't you will then need to fund these yourself.

However, if you're already working extremely hard, then please don't do this and instead build a realistic career plan or resit your A-Levels.
Original post by AW1983
Normally I would be more positive than this but your A-Levels really aren't good. I generally believe that most employers (top law firms and chambers aside) take a liberal approach to A-Levels and will accept one bad result but in your case all of your results are disappointing. To a big firm, you simply can't compete with other applicants. To a small firm, you pose too much of a financial and succession risk; they might only be able to train someone once every two years and won't take a chance on someone who may well fail the exams or not apply themselves to their work.

Unfortunately, one of two scenarios screams out from your CV. Either you don't have the academic acumen required to be a good accountant or you don't work hard enough to become a good accountant.

If you really believe accountancy is your vocation, then you're going to have to work extremely hard and go to great personal expense to get there because you've missed your chance to use your A-Levels to get in the door. You will need to do AAT full time at your own expense and then apply for roles in a small firm of accountants or industry. Hopefully they will pay your ACCA/ICAEW/CIMA fees but if they don't you will then need to fund these yourself.

However, if you're already working extremely hard, then please don't do this and instead build a realistic career plan or resit your A-Levels.


Although it does put OP at a disadvantage, there are still many big employers that do not have a UCAS requirement.

I for one, am on a big grad scheme studying CIMA (had the choice between CIMA and ACCA) with rubbish UCAS points. One of the other guys on the same scheme has 160 points - the same as OP.

What got us the job was probably some work experience - though neither of us had any accounting experience, just general stuff.

OP could still go to university and get that 2.1 degree if they believe the A level results weren't indicative of their capabilities.


Posted from TSR Mobile
Original post by bobblychump
x

I did a business BTEC in college and joint a medium sized firm (Top 50). It's perfectly do-able but smaller firms will be more willing to budge on exam results, as they want a nice/enthusiastic person a little more than good results. However as others say you'll not be auditing FTSE100 companies in a small or even medium firm. You'll get some big clients but not FTSE100 ones.
Reply 19
Original post by Runninground
I did a business BTEC in college and joint a medium sized firm (Top 50). It's perfectly do-able but smaller firms will be more willing to budge on exam results, as they want a nice/enthusiastic person a little more than good results. However as others say you'll not be auditing FTSE100 companies in a small or even medium firm. You'll get some big clients but not FTSE100 ones.

When I asked the what clients they had they said they do a couple of FTSE100 companies

Quick Reply

Latest

Trending

Trending