Gaining an accountancy qualification can give you a long and fulfilling career, offering you the opportunity to develop your skillset through further study. You will be able to command a good salary, which will increase the further you take your qualifications and as you progress in experience. You could use your qualifications to open accounting careers opportunities across the globe, working in different countries with the skills and experiences you’ve gained. If you’re just setting out to study for your accountancy qualifications, you might be looking for some advice on how to make the most out of your career so that you can progress as far as you want. For our top tips on progressing your career as an accountant, read on below.
Early accounting careers tips
Once you have passed your AAT qualification and depending on how you found the studying and your exams, you could choose to set up your own bookkeeping business or continue your studies moving on to the Chartered qualification. If you run your own bookkeeping business, you’ll have the benefit of working on a self-employed basis which can offer you the flexibility to choose the hours you work. You will also have the opportunity to work with a range of SME business or small business owners, helping them to effectively manage their accounts. With an accountancy qualification, you’ll also be able to manage the books for your own business.
If you choose to go on to study for your chartered qualification, which usually takes around three years, you can expect to command a salary of between 45,000 –60,000 depending on your level of experience.
Once you’re qualified
Whichever level you choose to study in accountancy, you will find a range of career opportunities. To help ensure you have a long and fulfilling career, your career decisions should be based on things that are important to you both inside and outside of work. If you want to work at a senior level position, such as a partner in an accountancy practice, or working as a financial consultant, you will need to study towards and complete an ACCA or ACA qualification. If you have a CIMA qualification you could go on to more senior roles within industry. Bear in mind these positions will require late nights, and time spent away travelling for your job. If you’re looking for a better flexibility between your work and personal life, then working on a self-employed basis may suit you better.
If you’re looking for a college in London to study for your accountancy qualifications, then contact Mont Rose to discuss your career ambitions. We will support you throughout your studies and offer our advice along the way to help you maximise the progression you have in your career.