Reply 1
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ACA (ICAEW)
•
CAI (Ireland)
•
ICAS (Scotland)
•
it's significantly cheaper and quicker to qualify as a chartered accountant if you went straight into an entry level accounting role and work your way up
•
even if you fund everything yourself, the professional qualification should cost you around £5000 vs a £27k degree
•
your accounting degree would not qualify you to do professional accounting work in the UK (there might be 1-2 countries where it might be valid, but not in most of the 195 of them). If you offer professional chartered accounting work without being fully qualified, you can be expecting a prison sentence - it's a protected and regulated profession.
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if you work alongside your study, you not only get paid for your work but you also get the 3 years of necessary work experience to qualify vs doing a 3 year degree + another 3 years of work experience (assuming you pass the remaining necessary papers in those 3 years) before you qualify
•
The degree doesn't really matter to employers even if it's in accounting and finance, since employers would care more about your A Level grades. If they look at your degree, it's typically what grade you ended up with e.g. 2:1 or 1st class (they usually don't bother with anything less than a 2:1)
•
If you do go into graduate schemes for accounting, do note you would be competing against graduates in any subject that you can think of and not just in accounting and finance e.g. geography, history, modern languages, engineering, etc. This is because A Levels are more important to the employer than the degree
•
Even if you do have an accounting degree, they will treat it like any other degree. The number of exemptions from the degree doesn't matter to most accounting firms.
•
Accounting firms care more about whether you have relevant work experience more than anything else. Your education and grades are usually nothing more than a tick in a box and are usually the least important things they would be looking at.
•
If you insist on getting a degree, try to get onto any work experience or internship that you can (these are competitive in themselves). Otherwise, it's a very very steep hill that you're climbing after graduation.
•
If you're aiming to work in a medium to large accounting firm, then I would go for a targeted university as opposed to just any university.
•
If I had to choose between an accounting degree or a degree apprenticeship solely to become a chartered accountant, I would do the apprenticeship hands down.
•
I would be more concerned about the A Level grades more than anything. Anything less than AAA can make your life difficult. The subjects do not matter to employers (I think), but I would stick to academic subjects to show that you can can handle difficult subjects.
•
I would also try to connect with as many people in accounting as you can. In particular, if you do go to university, make sure you connect with as many people in your accounting course, the years above, the years below, and alumni. A connection is more valuable than a top notch job application.
Reply 2
•
ACA (ICAEW)
•
CAI (Ireland)
•
ICAS (Scotland)
•
it's significantly cheaper and quicker to qualify as a chartered accountant if you went straight into an entry level accounting role and work your way up
•
even if you fund everything yourself, the professional qualification should cost you around £5000 vs a £27k degree
•
your accounting degree would not qualify you to do professional accounting work in the UK (there might be 1-2 countries where it might be valid, but not in most of the 195 of them). If you offer professional chartered accounting work without being fully qualified, you can be expecting a prison sentence - it's a protected and regulated profession.
•
if you work alongside your study, you not only get paid for your work but you also get the 3 years of necessary work experience to qualify vs doing a 3 year degree + another 3 years of work experience (assuming you pass the remaining necessary papers in those 3 years) before you qualify
•
The degree doesn't really matter to employers even if it's in accounting and finance, since employers would care more about your A Level grades. If they look at your degree, it's typically what grade you ended up with e.g. 2:1 or 1st class (they usually don't bother with anything less than a 2:1)
•
If you do go into graduate schemes for accounting, do note you would be competing against graduates in any subject that you can think of and not just in accounting and finance e.g. geography, history, modern languages, engineering, etc. This is because A Levels are more important to the employer than the degree
•
Even if you do have an accounting degree, they will treat it like any other degree. The number of exemptions from the degree doesn't matter to most accounting firms.
•
Accounting firms care more about whether you have relevant work experience more than anything else. Your education and grades are usually nothing more than a tick in a box and are usually the least important things they would be looking at.
•
If you insist on getting a degree, try to get onto any work experience or internship that you can (these are competitive in themselves). Otherwise, it's a very very steep hill that you're climbing after graduation.
•
If you're aiming to work in a medium to large accounting firm, then I would go for a targeted university as opposed to just any university.
•
If I had to choose between an accounting degree or a degree apprenticeship solely to become a chartered accountant, I would do the apprenticeship hands down.
•
I would be more concerned about the A Level grades more than anything. Anything less than AAA can make your life difficult. The subjects do not matter to employers (I think), but I would stick to academic subjects to show that you can can handle difficult subjects.
•
I would also try to connect with as many people in accounting as you can. In particular, if you do go to university, make sure you connect with as many people in your accounting course, the years above, the years below, and alumni. A connection is more valuable than a top notch job application.
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