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career change to accounting

  • 17-03-2011 12:31pm
    #1
    shadowcomplex
    Closed Accounts Posts: 4,097 ✭✭✭


    Im 32 currently working in a permanent position as a QC Analyst in the lab for a major pharma company, the job is grand but I dont think im good enough to progress in it. I earn about 42k a year which includes a shift premium and I get full VHI cover paid by the company and a 7% yearly bonus of my salary per annum.

    I have been thinking of a career change and accountancy has come to mind because its the once career where anyone can train for and make a very good living, I am aware I would have to take an initial pay cut but I believe the salary in the longterm would be alot better.

    I would appreciate some advice, I have heard the exams are quite difficult and its very hard work to become a CPA


Comments

  • #2
    smcgiff
    Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    You seem to have a good basic knowledge of what's involved. Any questions in particular?


  • #3
    kennyb3
    Registered Users, Registered Users 2 Posts: 6,724 ✭✭✭kennyb3


    Are you sure the salary will be better in the long term? Maybe look at the thread above this one at present.

    The days of 55k plus for qualified accountants is gone. Unless you make manager or partner (which can take quite a while) it can be hard to make 50k+. Factor in the 2-3 years of very low salary too. Also how will the years of study affect your personal life?

    If its what you want to do go for it, but if its about money i'd be thinking again.

    Any reasons you think you are particularly suited to accountancy?


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