The best accounting qualification will set you in good stead for a career in the law, although you may need to study for another year to officially qualify as a lawyer. Best Accountancy qualification involve analysing, keeping track of lots of data and having a keen eye for detail, all qualities you will need to practice law. Accountancy is perfect if you want to get into financial areas of law like creating trusts or investigating large cases that may involve financial fraud.
Recruitment agencies are crying out for people with qualifications in accountancy and law. This career involves liaising with companies and clients, much like you’d be doing in an accountancy firm and also making sure that your clients and user base are getting the best value for money, so working with numbers is involved.
A career as an economist involves analysing facts and statistics to see what particular direction the economy is going in and providing financial reports for your company. The best accounting qualification will teach you how to analyse large volumes of data and to take note of small details, all transferable skills that will help you with a career as an economist.
Investment banking involves making large amounts of money based on the stock market, and if you know what you are doing, you can become seriously wealthy. Studying accountancy will help you learn how the financial markets work and how to make money work for you, a great career to jump into if you don’t want to actually be an accountant.
Choose the best accounting qualification in London
Mont Rose College in Ilford offers various different accountancy qualifications. We are a college in Ilford and are partnered with Bucks New University, so you know our qualifications meet a high standard for teaching and student care. We offer courses from HNC level to degree level. Our courses are all eligible for funding. If you want to study accountancy or another related subject like law, business or teaching, contact Mont Rose today to train at one of the best higher education institutes in greater London.
How to improve your accounting career path prospects in the new year
It’s a competitive world out there, so if you want to turn your life around in the new year and chase that accountancy career you’ve always dreamed of, there are a few important steps to take. In this blog post, we’ve outlined just a few ways you can get yourself on the right track.
Update both your CV and your online profile
Guides to improving your career prospects will often discuss the importance of a good CV incessantly. Whilst it’s important not to underestimate how crucial this document is, such guides will neglect to mention online profiles, such as on LinkedIn or on accountancy job hunting sites. It is the 21st century, after all, and many employers will make an online search via these sites their first port of call when headhunting for brilliant new employees.
Network, network, network
Whichever career you choose to go into, you must understand how important it is to network, and accountancy is no exception. Why not ask around amongst family and friends, and investigate whether you can establish any contacts in the world of accountancy? Once you’ve found someone you can reach out to, it’s a good idea to send them a friendly email, and ask if you might be able to have a brief phone call with them or go for a coffee, during which you can ask some of your burning questions about getting into an accounting career path. Forming these connections early on is something that will prove very rewarding later – you never know when you’ll meet someone who could help you get started in your first job!
Get the right best accounting qualification career path training
If you want to truly stand out amongst the competition, the best way to do that is to receive specialist education in the accountancy field. By receiving training that will prepare you for the world of accountancy through your higher education, you will be showing potential employers the extent to which you are prepared to commit to your career ambitions. Mont Rose College are a higher education provider who are based in the area of Ilford, Greater London. We provide acclaimed education programmes in accountancy, and our students are always satisfied with the expertise they gain from our courses. All of our courses are fully funded by Student Finance England, too, so they’re accessible to everyone. If you’d like to learn more about the options available to you, get in touch with us today!
Becoming an accountant in a digital workplace
By the time you finish your degree final year, the concept of a digital workplace will have gained an even firmer foothold within UK industry and commerce.
Fields can you use the Best Accounting Qualification in?
The way in which organisations carry out even the most basic business processes is moving from away from being physical, to operating on “virtual” platforms. This includes software that streamlines everything from stock control to fulfilment logistics.
Thanks to rapidly advancing technology and new data skills, automation is not something confined to production lines and warehouses. It’s a trend that cuts across all business functions, including financial control and forecasting.
How does this impact on your ability to find jobs as becoming an accountant or a member of a finance team?
One of the most advantageous aspects of the digital workplace is the greater flexibility it provides. You can carry out your responsibilities, report, share and collaborate from a multitude of devices, and from remote locations.
This is facilitating more work from home potential and the possibility of staggered start and finish times, for example.
Connectivity and integration
The digital workplace offers an exciting prospect for graduates with accountancy and finance degrees because you will no longer be confined to the “accounts office”.
Increasing amounts of financial management are being automated. Which means that armed with integrated business process software – and using new tools to gather, sort and analyse financial data – accountants can play of more pivotal role. Your insights and involvement may be required for the day-to-day running of your company. Your ever-increasing predictive analysis abilities will certainly be valued in helping to formulate growth strategies.
Data literacy and business acumen
To be sure of securing an attractive position as a corporate accountant or finance team member when you leave college in London, data literacy is invaluable. The digital workplace is based on the constant gathering and sharing of information, covering all aspects of the business.
Lean and agile organisations rely on all departments working together in perfect synergy, exchanging and using data efficiently, and collaborating effectively. This means that having a broader idea of how businesses function, is vital.
Being comfortable and “at home” in the world of technology and digital content matters, as fast becoming as important as financial skills. You could also argue that the digital workplace requires you to be a “data visionary”. To be able to see its full potential, when applied to moving a company forwards.
If you would like to study for an accountancy and finance degree that prepares you for the digital workplace, contact Mont Rose College in Ilford.