Is dh too old to retrain to get a really well paid job

[seasideshimmy]

He's 35 but has no degree. He is very intelligent and got 100% on one of his a level papers and spent a few years doing maths at uni before dropping out unfortunately due to family circumstances.
He then trained and qualified as an accountant. Now he said he is so bored. He is in a commercial role but he wished he'd trained in something that really pays well.
Is he too old? I said I would support him if he wants to study again but he thinks it's all a waste of time now.

Is there anything that he could retrain in that would result in a really good salary? As in a super salary worth living especially frugally for while he trains?

Maybe he needs to see a coach. My husband saw one for just a couple of sessions and it was incredibly helpful for him.

Cross Post with Geoffrey

How much would a coach be approx? They do sound good.

And is restricting his study (outside any key exam dates) unreasonable then? The MBA says 15 hours pw. Dh has always needed less than the recommended time for courses but as he's rusty I said we will fit in 20 pw. I still need a life as well!

My neighbours a doctor. Definitely earns more than us, hes a private consultant though.
no chance dh going to go back and become a dr. The dentist idea actually attracted me to retrain. One thing at a time though

You won't ever earn 200k as a doctor.

In private practice you would.

Yoh know if he retrained as a dr, he would need to take level 3 quals, then start his degree, then the postgraduate training....
If money is your only concern, then his income will be next to nothing for at least 7 years.

As for the time needed to do an MBA, he may need more than 20 hours. It's an all family commitment

@Savingforarainyday I have stated he won't fe retraining to be one a dr Because I completely agree not happening with a family.
Can anyone recommend a job coach. Or maybe pm one?

An actuary is a person who found accountancy too exciting.

Seriously though, £100k is really good money. Can't he set up his own accountancy business?

Certified Fraud Examiner.

Compared to under- or post-graduate University courses, it is ridiculously cheap to train but the ACFE qualification increases earning potential compared to fraud investigators; training and work can be intensive and stressful, but I thrived on it.

www.acfe.com/
www.acfeuk.co.uk/

I retrained as a Certified Fraud Examiner at 45. Its a great career change step because at his age he has far more life experience than a recent graduate, which is more than useful!!

Post-certification he could work anywhere in the world as it is a world wide recognised qualification.

Once qualified there are many sectors to chose from, including insurance fraud, civil servant (DWP, HMRC), NHS, police, accounting fraud, specialising in employee fraud is lucrative and very interesting and is the route I chose. The big well known companies from all sectors take on "undercover operatives"; ideal for those with no dependents, as operative examiners may have to travel further or more frequently, unless you're in London).

I took additional training in forensic linguistics (I love this aspect of the work), cognitive linguistics and forensic psychology. All these 3
are also good career changes independent of each other, or as I did, qualify with 1 first, then add on the parts that interest you most.

Message me if you have any questions. I finished work early due to ill health and always said I wouldn't retire as I love it so much.

He needs to find a business that he could be did of that is ripe for MBO. He might not make 200k income but the chance of a massive increase in value of shares is enormous. Everyone I know who is really wealthy has done exactly that. The mba may help find such a role. Accountant is a great stepping stone to such roles.

Actuarial qualification is not quick - full fellowship requires 3 years of practice experience at minimum. The exams can easily take longer and there's surprisingly limited exemptions gained for pre existing qualifications in accountancy. You also have to be pretty senior to get near 200k...

katetojeiro.com/ is highly recommended

Also www.linkedin.com/in/rach-maggs-0865b119

This also looks promising but depends on your location
sevencareercoaching.co.uk/

I would recommend he starts looking at Non-Exec Director posts. Companies and private/public sector organisations regularly recruit for their boards as the tenure of Non-Execs is fixed. The roles are brilliant for your CV, if you want to progress to CFO/CEO roles and have the right experience. They can often pay quite well for only a few day's work per month.

I am one, although my Non-Exec Director role is unpaid, which is fairly unusual. The organisation does things that I am passionate about though on a very tight budget so I'm happy to give my time for free. I'm also a qualified finance professional who has no degree.

A former very senior colleague of mine actually left his full time job to take up a 'portfolio career', which was basically just a load of Non-Exec jobs on various boards that paid him more than his annual senior executive salary.

That sounds great counciltax but the CS does not pay qualified fraud investigators (customer or internal fraud) anywhere near £100k a year. Most qualified CS fraud investigators earn around £30k a year, maybe £40k with specialist qualifications. Unless you're the person in charge of the entire function, which would require significant post-qualification experience.

I used to be a fraud investigator. I loved it. But the only way I got promoted and pay rises was to do finance qualifications.