Who earns more? Chartered Accountants or Doctors?

Chartered accountants on average earn 80 k in London while Doctors earn I think around 90 K, but remember Doctors work way more hours in a week.

Reply 3

Lol. It depends on the size of the firm as well as the location but after you have qualified as a CA (which means working full time as well as studying for exams for 3 yrs) you can expect to be on around 30k which increases on things like performance or typically double that of your starting salary. I've heard it sucks majorly though, especially if you are at a Big 4. With Doctors, again it depends but the pay increases quite a bit when you get to GP/consultancy level. They are both careers where you pretty much put work before anything else.

Reply 4

WoWZa

Lol. It depends on the size of the firm as well as the location but after you have qualified as a CA (which means working full time as well as studying for exams for 3 yrs) you can expect to be on around 30k which increases on things like performance or typically double that of your starting salary. I've heard it sucks majorly though, especially if you are at a Big 4. With Doctors, again it depends but the pay increases quite a bit when you get to GP/consultancy level. They are both careers where you pretty much put work before anything else.

Lol 30? More like 45-55 k.

Reply 5

prospectivEEconomist

Lol 30? More like 45-55 k.

Lol nah. Again it depends on the size of the location, but it is typically double the starting salary.

Reply 6

WoWZa

Lol nah. Again it depends on the size of the location, but it is typically double the starting salary.

Who the hell would start at 15k? Maybe up north but certainly not in london where even the smallest of firms (like with 3 or 4 staff) pay around 20 k.

Reply 7

prospectivEEconomist

Who the hell would start at 15k? Maybe up north but certainly not in london where even the smallest of firms (like with 3 or 4 staff) pay around 20 k.

Many firms will start their employees on about that and it is typical. Of course there will be slight variations. To work in London probably sucks anyways.

Reply 8

Haz313

13

WoWZa

Lol nah. Again it depends on the size of the location, but it is typically double the starting salary.

Regional variances, but most big 4 analysts start on 25-28k atleast (possibly 30+ in other fields, corp finance etc) in London. If you hit partner level you can comfortably be earning 200k+ but a lot of people leave after they get their qualifications and work in the industry

Reply 9

Haz313

Regional variances, but most big 4 analysts start on 25-28k atleast (possibly 30+ in other fields, corp finance etc) in London. If you hit partner level you can comfortably be earning 200k+ but a lot of people leave after they get their qualifications and work in the industry

But you are talking just about London. And according to: http://www.prospects.ac.uk/p/types_of_job/chartered_accountant_salary.jsp the top end salary of a trainee is 25k?

Reply 10

WoWZa

But you are talking just about London. And according to: http://www.prospects.ac.uk/p/types_of_job/chartered_accountant_salary.jsp the top end salary of a trainee is 25k?

19-25 is the national range..so how did you come up with 15 k :eek:

Reply 11

prospectivEEconomist

19-25 is the national range..so how did you come up with 15 k :eek:

Prospects takes into account graduates :tongue:

And I never said 15k! Typically double the starting with slight variations.

Reply 12

Sockpirate

15

Having one of each as parents, I can safely say that it completely depends :tongue:

accountants - depends on size of firm, and position in firm. Doctors - depends on seniority and again, what job you have. If you're a private practice worker, or if you solely work for the NHS.
With my parents, the doctor earns more than the chartered accountant.

Reply 13

Haz313

13

elsa_89

Are they called that? :p:

I thought that was just within IB, and that they're just called trainees in Chartered Accountancy...

Ah well, who cares :p:

Yeah, I've heard that many leave after a few years to go into industry, do you know why that is? Is it for better pay or are the Big 4 so sucky people just wanna get away? :p:

Haha, yeahh trainee's. Just woken up so excuse my muddled up jargon. Yeah I think it's for better pay / better working hours (or so I've read).

Reply 14

mercedesbenzfan

2

WoWZa

To work in London probably sucks anyways.

Erm, okay...

Reply 15