Well paid trainee?? dreaming??

MRTULES

Hi all,

I'd like to get some thoughts from the wealth of knowledge on here.
Finishing a degree in May and looking at the possibility of going into accountancy. My degree only gives exemptions from 2 of the first 5 Cima exams. Cima would be my preferred choice from my initial research into all the possibilities.
What I'm wondering is if there is the possibility of securing employment with a company who would be willing to not only pay for my continued study but also offer a decent wage (circa 30k). I have seen lots of firms offering the 3.5 year trainee contract for the ACA but paying only 18kpa.
Would I stand a chance if I completed the rest of the initial 5 cima exams and then did the E1 P1 & F1 exams? I presume you can not call yourself"part qualified" with only the cima cert in business accounting, and you would need the other three exams.

Sorry for the ramble and thanks in advance for any help.

frankythefish

dreaming i think. trainee wages are low. i would think that every extra exam you will have will help bargaining, but 30k, could n't sdee it happening. low 20's best me thinks. and that in dublin

Sunny Dayz

It would be a bonus to have some exams under your belt, would make the work/study/ life balance a bit easier. However as you wouldn't have much (I'm assuming) work experience it would be difficult to bargain for a higher starting salary. I went into accountancy during the boom times and starting trainees were early €20K's but that wasn't in Dublin. From what I hear it has dropped considerably, firm's can't afford to take on trainee's as the exams fees are still high.

kennyb3

High exam fees to pay + pro rata time for study leave & exams.

So €30k equates to €40k(+) in reality for employers.

So not a hope in hell of a trainee being paid that.

CIARAN_BOYLE

You can get a trainee position in an industry graduate scheme, you will get around €30,000, no study leave and you may have to pay your own exam fees.

annaP79

hey

finding graduate position for 30k ? will be difficult if not impossible, this money usually goes to people with few years experience and who possibly are finishing their professional exams or have only few more to go

in May you will be after college with no proper work experience so why would employer pay out this type of money you are talking about if they can get someone more experienced for the that ?

I think hoping for 30k straight after college is not very reasonable and unfortunately if no miracle happens you will need to work your way through to get a proper pay, it will take few years but you will get there

best of luck !

MRTULES

Thanks all. I should have stated that I'm a mature student so i have some experience just not any in accounting unfortunately. My problem is a lot (pretty much all) of the graduate programs are geared towards early twenty somethings. They push things like the ability to relocate/travel as a bonus but for me it would be a huge negative.
Great info from all, it is much appreciated.

aspasp1

MRTULES wrote: »

Thanks all. I should have stated that I'm a mature student so i have some experience just not any in accounting unfortunately. My problem is a lot (pretty much all) of the graduate programs are geared towards early twenty somethings. They push things like the ability to relocate/travel as a bonus but for me it would be a huge negative.
Great info from all, it is much appreciated.

I am in the same boat, I am changing career and doing ACCA at the moment. I will be happy to get around 25..It would be a dream to get near 30..