Trainee Accounting positions

FargoBoyle86

I am a Business Studies graduate with a 2.1 degree, but am finding it near impossible to get an interview not mind a job. I know times are hard but I thought companies would be looking for trainee's for cheap labour?

So I have decided to complete my CAP 1 with ACA through the pre contract training. Has anyone else done this?

mickbyrne

Very little jobs available at the moment, and it is likely that number employed will shrink. Have you considered the ACCA exams rather that ACA. You will have more flexibility and won't need contract to complete.

MrMatisse

Tbh i would reconsider going into accountancy at all. The market for accountants is shrinking and the supply of graduates wanting to do it has risen dramatically.

Thousands of qualified accountants who were recruited during the boom years by the big 4/ fund accounting places are hitting the market. Wages are falling.

Put your degree to good use and maybe start your own business or try to pick up some work in London rather than spending a year of your youth studying for exams to try to get in a very boring profession in the main which now has low wages, which are likely to remain low as more jobs get outsourced.

I regret going into it and would advise against it. 3 and a half years of your life to maybe earn 35-38k with limited promotion nowadays and very long hours. With the probability you will spend your whole life messing about with spreadsheets.

MrMatisse

http://www.firstsource.com/

A big four firm in Ireland is already dealing with these.

Accountants in India, especially when IFRS becomes widespread in Ireland will put even more pressure on wages.

Much of the accounting profession will go and only highly specialised work will be left.

ronbyrne2005

I have a an honours degree with significant exam exemptions for all the prof bodies exams and didnt get an interview from any of big four and that was during boom. I've decided against accountancy now , thankfully.

Pisco Sour

Really-Stressed wrote: »

Tbh i would reconsider going into accountancy at all. The market for accountants is shrinking and the supply of graduates wanting to do it has risen dramatically.

Thousands of qualified accountants who were recruited during the boom years by the big 4/ fund accounting places are hitting the market. Wages are falling.

Put your degree to good use and maybe start your own business or try to pick up some work in London rather than spending a year of your youth studying for exams to try to get in a very boring profession in the main which now has low wages, which are likely to remain low as more jobs get outsourced.

I regret going into it and would advise against it. 3 and a half years of your life to maybe earn 35-38k with limited promotion nowadays and very long hours. With the probability you will spend your whole life messing about with spreadsheets.

This

FargoBoyle86

Thanks for the posts. I am going to keep going the accountancy route no matter what happens, its what I've always wanted to do. Just was wondering was anyone else feeling the same about the job situation.
Also has anyone done ACA exams out of training contract? Have never heard of anyone who has?

Shannonsider

Or you could try CIMA - a management accounting qualification. It does not necessarily mean you'll have to work at management accounting. I know lots of CIMA people who work in financial services.

CIMA offers something different - not just spreadsheets. Depends whether you want to go into a practice or not. If not, give CIMA some consideration.