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 the industry. Bear in mind these positions will require late nights, and time spent away travelling for your job. If you’re looking for 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.
Opportunities in Accounting Careers
Studying for an accountancy qualification is a great way to set yourself up for a long and satisfying career across several areas of finance. One of the best things about an accountancy qualification is that it can support you throughout your career as you advance and progress from entry-level positions all the way to an executive-level role if you choose. Some accountancy qualifications could even help you earn an income whilst you continue your studies to progress to a more senior-level role. It’s also an industry that will always be looking to hire, so you know that in securing your qualification you’ll always be able to find a job to suit you. Below we’ve listed just a few of the career opportunities in accounting you could enjoy with an accountancy qualification.
If you’re looking for a college in London where you can career opportunities in accounting careers, complete your studies with a degree for your final year.
Opportunities Careers in Entry-level roles
There are several entry-level roles within accountancy, including bookkeeping, accounting clerk roles, and accountant assistance positions. Even at entry level with an accountancy qualification, you can expect to earn anything between 15,000-40,000 per annum. These roles are crucially important to businesses and you could find yourself working in an important position within a small or medium-sized business.
There are so many mid-level roles that you could apply for depending on your accountancy qualification including accounts payable clerks, payroll and credit control positions. These positions generally pay between 17,000 and 45,000 per annum, depending on the size of the company and the responsibilities involved in the role. These roles can provide highly satisfying career choices which are both challenging and rewarding.
If you choose to study to become a qualified chartered accountant, you could have a long, fulfilling career in the finance sector. You could use your knowledge to progress to executive level roles as financial controller, or finance director of a business, whether that be an SME or a large corporation. Finance directors often find they also play non-executive advisory roles for other businesses, giving the individual a hugely rewarding career path.
If you’re looking for a college in London where you can study for an accountancy qualification, or complete your studies with a degree for your final year, then visit Mont Rose college today. All of our students are able to apply for funding via Student Finance England. Take the first step today, and open up your future opportunities with an accountancy qualification.
If you’re looking for a college in London to study for your accountancy qualifications, then contact Mont Rose College to discuss your accounting careers.