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Finance Director with CIMA?
As some of you who have read my other posts will have gathered I am mulling over whether to do ACA or CIMA. I know in the long term I want to work in industry rather than in practice, with a view to eventually becoming a Finance Director?
I have gathered ACA is a better respected qualification and can be a fast track to a high level position in industry but on the negative side it is considerably harder than ACA and requires a lot more time input for the 3 years whilst you qualify.
On the other hand CIMA is not as well respected but doesn't require the same time input as ACA (in terms of revision time). As a newly qualified CIMA candidate you would be slightly behind an ACA graduate (from what I've been told). However what I really need to know is will CIMA hold me back from the higher echelons of finance (i.e. Finance Director roles) or is it a case of once your qualified its all about how good you are and your experience?
I have gathered ACA is a better respected qualification and can be a fast track to a high level position in industry but on the negative side it is considerably harder than ACA and requires a lot more time input for the 3 years whilst you qualify.
On the other hand CIMA is not as well respected but doesn't require the same time input as ACA (in terms of revision time). As a newly qualified CIMA candidate you would be slightly behind an ACA graduate (from what I've been told). However what I really need to know is will CIMA hold me back from the higher echelons of finance (i.e. Finance Director roles) or is it a case of once your qualified its all about how good you are and your experience?
I know CIMA is not a soft option. However in my experience the people doing CIMA are not spending as much time studying as the people doing ACA. Can anyone comment?
x.narb.x
Yes, I just did comment, its *******s. You'll spend the same amount of time on both. Now start ****ing listening to people before they stop helping you altogether.
wouldn't quite put it as above but i do wonder why you are so concerned about the thought of HARD WORK liverpoolguy.
Dajoruna
wouldn't quite put it as above but i do wonder why you are so concerned about the thought of HARD WORK liverpoolguy.
Its not all just hard work. There is a lack of job security if you will be fired by failing some exams, also having to work full time (40-50 hours) then study 20 hours, is quite a lot of stress. AS boring as the big4 work is, do you really wan't to go through all that! I read many people left just because it was too boring/felt overworked.
It is hard work studying and working but the rewards after 3 years are huge, you have so many options once your chartered !
its the same in any profession there is always a crap period of learning the ropes and working your way up but once you get there its usually plain sailing and you get the more interesting work
its the same in any profession there is always a crap period of learning the ropes and working your way up but once you get there its usually plain sailing and you get the more interesting work
ma2k5
Its not all just hard work. There is a lack of job security if you will be fired by failing some exams, also having to work full time (40-50 hours) then study 20 hours, is quite a lot of stress. AS boring as the big4 work is, do you really wan't to go through all that! I read many people left just because it was too boring/felt overworked.
Well I start at Deloitte in 2 days time so i'll soon find out.
Im in need of a bit of advice!!
I have a job offer for an international company to do the ACA in london. However this is not top four.
I also have an offer for jp morgan doing the CIMA.
I first thought I wanted to do the ACA due to career prospects, and the company I have the offer for has great opportunities in terms of moving up the career ladder and overseas opportunities. Although I cant see me sticking to audit after im qualified. I can see me going into corporate finance roles and maybe even move into banking. I know most financial directors have the ACA, and i know thats a VERY long way off, but its something to aim for!
I dont really know much about the CIMA, as I was mostly applying to companies offering aca. Whats the difference between working in industry and practise?
At the minute its just the name of JP morgan thats confusing me!!
Any advice would be great
... im very confused at the moment!!
I have a job offer for an international company to do the ACA in london. However this is not top four.
I also have an offer for jp morgan doing the CIMA.
I first thought I wanted to do the ACA due to career prospects, and the company I have the offer for has great opportunities in terms of moving up the career ladder and overseas opportunities. Although I cant see me sticking to audit after im qualified. I can see me going into corporate finance roles and maybe even move into banking. I know most financial directors have the ACA, and i know thats a VERY long way off, but its something to aim for!
I dont really know much about the CIMA, as I was mostly applying to companies offering aca. Whats the difference between working in industry and practise?
At the minute its just the name of JP morgan thats confusing me!!
Any advice would be great
... im very confused at the moment!!Industry accounting work = fvcking boring
Practice accounting work = slightly less fvcking boring.
dont get taken in by names, ge the best experience you can that you can useto get a better job once qualified.
Practice accounting work = slightly less fvcking boring.
dont get taken in by names, ge the best experience you can that you can useto get a better job once qualified.
sussie86
Im in need of a bit of advice!!
I have a job offer for an international company to do the ACA in london. However this is not top four.
I also have an offer for jp morgan doing the CIMA.
I first thought I wanted to do the ACA due to career prospects, and the company I have the offer for has great opportunities in terms of moving up the career ladder and overseas opportunities. Although I cant see me sticking to audit after im qualified. I can see me going into corporate finance roles and maybe even move into banking. I know most financial directors have the ACA, and i know thats a VERY long way off, but its something to aim for!
I dont really know much about the CIMA, as I was mostly applying to companies offering aca. Whats the difference between working in industry and practise?
At the minute its just the name of JP morgan thats confusing me!!
Any advice would be great ... im very confused at the moment!!
I have a job offer for an international company to do the ACA in london. However this is not top four.
I also have an offer for jp morgan doing the CIMA.
I first thought I wanted to do the ACA due to career prospects, and the company I have the offer for has great opportunities in terms of moving up the career ladder and overseas opportunities. Although I cant see me sticking to audit after im qualified. I can see me going into corporate finance roles and maybe even move into banking. I know most financial directors have the ACA, and i know thats a VERY long way off, but its something to aim for!
I dont really know much about the CIMA, as I was mostly applying to companies offering aca. Whats the difference between working in industry and practise?
At the minute its just the name of JP morgan thats confusing me!!
Any advice would be great
... im very confused at the moment!!Be explicit, who is the ACA firm?
ma2k5
Its not all just hard work. There is a lack of job security if you will be fired by failing some exams, also having to work full time (40-50 hours) then study 20 hours, is quite a lot of stress. AS boring as the big4 work is, do you really wan't to go through all that! I read many people left just because it was too boring/felt overworked.
Not quite that many hours, plus they give you study leave.
I actually spend 3 months at a time doing solely exams.
ma2k5
Its not all just hard work. There is a lack of job security if you will be fired by failing some exams, also having to work full time (40-50 hours) then study 20 hours, is quite a lot of stress. AS boring as the big4 work is, do you really wan't to go through all that! I read many people left just because it was too boring/felt overworked.
Can't speak for everyone but at PwC you don't do client facing 'work' whilst you study. The work is attending College ie studying towards your exams. It is hard revising for a couple of hours when you get home, but just think, if you'd gone to work in an investment bank you'd probably still be at work anyways!
If you do the work you shouldn't fail anyway. If you do fail, as long as you don't do terribly you can resit and most people pass on the second go. Oh and in every job there will be people who won't like it and will leave. The people who fail generally didn't like it. Many opt to go into different areas of the firm that do not require qualifications.
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