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    Heya

    I wanted to ask those who are already working in finance sector, particularly big 4/IB. Did you guys complete some sort of accounting diploma once accepted to work? If so, what was it, ACCA? Was it really that useful?

    Cheers
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    This should be in Accounting/Finance not IB.

    However, there are lots of qualifications out there. I am currently preparing to study for my CIMA.

    Almost all decent accounting jobs (not just big four) will require something of that nature; and many will take on students (although if they pay for it you have to stay there after your qualification for X years). If you look on a job site they often have a "CIMA Student" (this may be the case with ACCA, ICAEW, etc. etc. but I don't know).

    The qualifications take you one step up the ladder rather than trying to keep getting more and more promotions.

    You'd be surprised the amount of CEO's that actually have an accounting qualification. (I can't find the exact figures at the moment).

    So, in short, a qualification is useful; it helps you get better jobs. You won't need them in IB as far as I know (of course that is not my area of expertise).
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    (Original post by Ice_Queen)
    This should be in Accounting/Finance not IB.

    However, there are lots of qualifications out there. I am currently preparing to study for my CIMA.

    Almost all decent accounting jobs (not just big four) will require something of that nature; and many will take on students (although if they pay for it you have to stay there after your qualification for X years). If you look on a job site they often have a "CIMA Student" (this may be the case with ACCA, ICAEW, etc. etc. but I don't know).

    The qualifications take you one step up the ladder rather than trying to keep getting more and more promotions.

    You'd be surprised the amount of CEO's that actually have an accounting qualification. (I can't find the exact figures at the moment).

    So, in short, a qualification is useful; it helps you get better jobs. You won't need them in IB as far as I know (of course that is not my area of expertise).
    70% of CEOs are ACA qualified.

    ACA can also be good to get into ER/IBD.

    Not to forget Accountancy as well.
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    (Original post by The Enchanted Milkman)
    70% of CEOs are ACA qualified.
    70% of CEOs, FDs, and company secretaries.*
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    Indeed, quite a lot (partic. when I was at GS during my spring week), many ER analysts had ACA qualifications.

    ACCA/ACA is a very useful qualification to have, partic. as most old school bankers and CEO's have one.
 
 
 
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