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Commercial Law masters or AITI Qualification

  • 07-10-2011 8:05pm
    #1
    Remmy
    Registered Users, Registered Users 2 Posts: 2,921 ✭✭✭


    Hey guys. I am in my final year of a Law degree and I'm trying to figure out what would be the best use of my resources to increase my chances of getting a good job in the future. I had initially thought that I would like to work in a big 5 firm but now my focus has shifted to just finding something with good career prospects. I am pretty cashstrapped so I will have to take out a loan either way. The AITI exam, if I completed it, woulld allow me to work as a tax consultant in either an Accountancy or Legal firm. I know someone who has started the commercial law masters and she says most tend to go into corporate governance in a bank or work for the office of director of consumer affairs etc.

    With that in mind what would be a better option to go for? Which would serve as more of a boon to my c.v ? I realise the two are like apples and oranges so it is quite hard to compare up weigh up the pros and cons between the two.:o


Comments

  • #2
    whydoibother?
    Closed Accounts Posts: 758 ✭✭✭whydoibother?


    If you're thinking of the tax route, I believe application season for contracts starting next September/October is sometime around now for the accountancy firms. Look it up and perhaps start applying now. If you can land yourself a contract, I think they will often pay for your qualifications plus you'd be working full-time (and being paid) while doing it.


  • #3
    Remmy
    Registered Users, Registered Users 2 Posts: 2,921 ✭✭✭Remmy


    whydoibother? wrote: »
    If you're thinking of the tax route, I believe application season for contracts starting next September/October is sometime around now for the accountancy firms. Look it up and perhaps start applying now. If you can land yourself a contract, I think they will often pay for your qualifications plus you'd be working full-time (and being paid) while doing it.

    Ok thank you very much for that! To be honest the tax route hasn't been on my radar untill about a month ago so I could have very well missed the deadline if I let it slip for much longer. I am going up to the gradIreland fair next week so I will be able to ask the different firms that are there about this. Actually getting a fulltime job straight out of college and getting the qualification paid for sounds unbelievable to me.


  • #4
    whydoibother?
    Closed Accounts Posts: 758 ✭✭✭whydoibother?


    Remmy wrote: »
    Ok thank you very much for that! To be honest the tax route hasn't been on my radar untill about a month ago so I could have very well missed the deadline if I let it slip for much longer. I am going up to the gradIreland fair next week so I will be able to ask the different firms that are there about this. Actually getting a fulltime job straight out of college and getting the qualification paid for sounds unbelievable to me.

    Delighted to give some good news! If you've only just started thinking about tax, are you aware that most firms would have other schemes too which could include things like Audit, consulting, corporate finance, so you could consider accountancy, consultancy etc. as well as tax. Not trying to blow you off course if you've already decided that tax would be the one, just want to make sure your aware that there's more.

    Also, that GradIreland thing sounds great. Never done anything like that but the advice I've heard for those things seems to be treat it like an interview e.g. have researched companies, go with CV's and dressed up etc. Apologies if you know all that.

    Most of all Good Luck!


  • #5
    Remmy
    Registered Users, Registered Users 2 Posts: 2,921 ✭✭✭Remmy


    whydoibother? wrote: »
    Delighted to give some good news! If you've only just started thinking about tax, are you aware that most firms would have other schemes too which could include things like Audit, consulting, corporate finance, so you could consider accountancy, consultancy etc. as well as tax. Not trying to blow you off course if you've already decided that tax would be the one, just want to make sure your aware that there's more.

    Also, that GradIreland thing sounds great. Never done anything like that but the advice I've heard for those things seems to be treat it like an interview e.g. have researched companies, go with CV's and dressed up etc. Apologies if you know all that.

    Most of all Good Luck!

    Yeah I have looked into the different roles but I feel tax would have the most carryover to my undergrad degree what with keeping up to date with changing legislation and It sounds like it would be the most interesting to me out of all those other options. Do firms tend to take on recent graduates who have attained the AITI themselves or would they only hire raw trainees? I'm just thinking that if I dont have what it takes to get offered a contract right after I graduate I could take the qualification myself then apply again.

    Am I right in saying that the tax route compared to the comm law masters would be a marginally better use of my time? Or is there bugger all difference either way with the way the jobs market is now?


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