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Chartered Accountancy - good idea for a career change?

(21 Posts)
FrustratedCoSec Sat 08-Nov-14 08:55:03

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FrustratedCoSec Sat 08-Nov-14 08:57:25

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MyEmpireOfDirt Sat 08-Nov-14 20:46:32

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Buddy80 Sun 09-Nov-14 07:42:06

I have worked alongside what you do and I also know a few chartered accountants.

From my (very small) experience, I imagine that your skills would be an excellent fit for career change to chartered accountancy.

Are you looking to stay in the public sector, private practice, in-house?

iwantkhaleesiseyebrows Sun 09-Nov-14 07:52:06

Hi OP.

I think the ACA would suit you well. I trained at a Big 4 firm and they definitely took on trainees looking for a career change (though it might be slightly harder these days).

Seems a bit stupid but they were always VERY strict on gsce/ a-level requirements. My sister, despite having a 2:1 from Russell League uni, had her application rejected because of a grade C at GCSE!

iwantkhaleesiseyebrows Sun 09-Nov-14 07:54:29

Also, ime the regional Big 4 offices were more open minded about applicants than the London offices....

FrustratedCoSec Sun 09-Nov-14 08:26:23

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Buddy80 Sun 09-Nov-14 08:39:21

I think your work experience would count for a lot. I would def make some applications or even pick up the phone and talk to HR. They may be able to advise you of different ways in to their firm or what would be a good starting point for you.

IceNoSlice Sun 09-Nov-14 20:54:18

I am a big 4 CA. I think your experience would be viewed extremely well and be very useful, depending on what you specialised in. However the A levels might be an issue, as it is a straightforward yes/no on criteria at the very early filtering stages.

You might consider mid tier rather than small firm. Much greater range of work, exposure to bigger clients and better earning potential.

Regarding time of year, a lot of training contract recruitment happens for jobs starting Sept time to fit in with colleges. But the best thing would be to call them and ask!

I personally wouldn't do any exams on your own/pay for your own study. There is a work experience requirement (ie chargeable hours) with the ACA that is roughly 3 years so it wouldn't speed that up. Nor would it, IMO, help you decide. There is a big difference between the theory and the day to day work so the only way to get a taste for it is to try it.

If you want any more info please feel free to PM me.

MyEmpireOfDirt Sun 09-Nov-14 21:18:45

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Buddy80 Mon 10-Nov-14 08:09:08

Have you considered becoming an actuary?

FrustratedCoSec Mon 10-Nov-14 08:33:08

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Buddy80 Mon 10-Nov-14 08:38:46

I think similar to accountancy, or you could think about risk management. There are qualifications in it and I have read it's a growth area.

FrustratedCoSec Mon 10-Nov-14 08:54:13

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Buddy80 Mon 10-Nov-14 09:02:42

Ah, no worries, just thought i'd throw some suggestions out there smile.

MyEmpireOfDirt Mon 10-Nov-14 09:28:47

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Buddy80 Mon 10-Nov-14 12:51:59

Thanks Empire smile

Bolshybookworm Mon 10-Nov-14 21:19:33

You need to be a proper maths bod to become an actuary! My best mate is fully qualified and it was very, very hard (and she's quite gifted at maths). Pays very well though, and your pay increases with each exam passed.

FrustratedCoSec Tue 11-Nov-14 07:07:19

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Buddy80 Thu 13-Nov-14 07:13:47

Good luck smile, do come back and let us know what the firms advise.

FrustratedCoSec Thu 13-Nov-14 07:26:05

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