Is consultancy the best option?

ideals2005

Hi guys, i have a degree and Masters in accounting and finance from UK and have also been working with Deloitte as a trainee auditor but i really hate the work. I am not qualified yet but i really wana be somewhere else rather than accounting or auditing.
So would consultancy be my next best option or could there be anything else round and about? i also have a keen interest in sharetradings and all but not too sure as to where to start.

Also any idea what kind of salary i should expect with Accenture or similar companies now and also within next three years.

Thanx for your time guys...Please help.

rick_fantastic

to be honest, your best staying where you are.

a guy i know was in same situation as you last september - working as trainee auditor for a couple of years, decided it was not for him.

ended up working in h+m and local pub to keep himself going. still no joy with moving into consultancy cos there is very few jobs for people without the experience.

if you get a job in consultancy on a grad program with any of the big companies you'd be looking at 23-30k a year maximum id say. grads are cheap these days.

dudara

Have you spoken to Deloitte about a possibility of moving over to their management consulting department. A lot of the consultants in the financial services area are accountants or part-qualified accountants.

cronos

Also packaged applications departments in consultancies would be looking for people with accounting skills to implement SAP. Google SAP if you dont know what it is. Although you should tell us why you dont like accountancy cause their isnt much point going into consultancy if you wont like it eiter. Consultancy is by no means easy, actually id argue its harder.

ideals2005

not really pulling out coz its hard or anytin, but its exceptionally boring whereas i would be one of those persons who would lean towards a more goal oriented,challenging and highly energetic transformations.

Would rather wana be on the lead/front side of the process rather than at the end just going through other people's work

dudara

Speak to the HR department about a temporary transfer to consulting. why not? there's no harm in trying and at least you'd stay employed while you figured out if you liked it or not.

micdug

ideals2005 wrote: »

Hi guys, i have a degree and Masters in accounting and finance from UK and have also been working with Deloitte as a trainee auditor but i really hate the work. I am not qualified yet but i really wana be somewhere else rather than accounting or auditing.
So would consultancy be my next best option or could there be anything else round and about? i also have a keen interest in sharetradings and all but not too sure as to where to start.

Also any idea what kind of salary i should expect with Accenture or similar companies now and also within next three years.

Thanx for your time guys...Please help.

In a word No. Consulting is a vague term, and covers everything from a guy earning 17k selling mobile phones up to a serious management consultant on 2k a day. It is NOT a profession.
The definition of a consultant is someone who sells his expertise. A consultant needs experiance to have expertise - you don't. What you will end up doing is dead end Accenture IT work (bodyshopping) or as the other poster pointed out doing low level jobs.
I hate to break it to you but in the middle of a recession, jumping career and hoping for the best when you have little experiance is a bad option. Stick it out, follow the track at work, pick up a hobby or two to keep boredom away, and when you have built up some expertise, then look again.
Look on the bright side - If you look at the CEO's of a lot of companies, they came up the boring route of accountancy. The reason being, at the end of the day, a company is about making a return on investment - all about the money. Consultants rarely make it to the top.
p.s. forget about stockbroking or Fin services at the moment!

cronos

micdug wrote: »

In a word No. Consulting is a vague term, and covers everything from a guy earning 17k selling mobile phones up to a serious management consultant on 2k a day. It is NOT a profession.
The definition of a consultant is someone who sells his expertise. A consultant needs experiance to have expertise - you don't. What you will end up doing is dead end Accenture IT work (bodyshopping) or as the other poster pointed out doing low level jobs.
I hate to break it to you but in the middle of a recession, jumping career and hoping for the best when you have little experiance is a bad option. Stick it out, follow the track at work, pick up a hobby or two to keep boredom away, and when you have built up some expertise, then look again.
Look on the bright side - If you look at the CEO's of a lot of companies, they came up the boring route of accountancy. The reason being, at the end of the day, a company is about making a return on investment - all about the money. Consultants rarely make it to the top.
p.s. forget about stockbroking or Fin services at the moment!

I wouldnt say IT in a Consultancy Accenture or any other systems integrator was a dead end job by any means. IMO