Can’t help myself:
Liverpool 123 is spot on (but you can also do ACA in a sweetshop/petrol station!)
What alarms me about accountants ruminating about the qualifications is people look to accountancy professionals for yes/no answers and accurate appraisals of net present value.
For that reason alone if you can’t say as an accountant - the value of the ACA is higher than ACCA or CIMA - there is something seriously wrong with you and I’d question your ability to objectively do your job. I don’t know maybe objectivity and NPV was left out of the ACCA and CIMA syllabuses (joking).
Again it alarms me accountants don’t appraise the situation of growing membership in these bodeis objectively:
Although these bodies are essentially not-for-profit -they exist to make money:
ICAEW focus on elite universities and empoloyers and government advisory in the UK investment and financial markets - that is why they will ALWAYS be the top of the profession in the UK - it is impossible for any other body to take over their niche role.
ACCA focus instead on a mass market approach - getting as many students to sign up as possible - who cares if its 10 million people from some desert in SE ASIA who will never get a job - as long as they pay the fees…
And that is the reason why in the minds of employers and recruitment consultants - the ACA is preferred to the ACCA in the job market - the market position of the qualifications - and who is doing them.
Graduate2010 is right - you should take anything - but in the long term is it better to take a year off and get into a big 4 next time than jump straight into doing the ACCA in a supermarket finance department - if your goal is to work in audit or advisory?
He also shows endless masters, phd etc are not the differentiating element in job interviews - they are looking for client facing people with soft skills.
Tutor - there is no light at the end of the tunnel if your english is rubbish and you look like the back end of a cow with the social skills and team working abilities of a donut - especially not now:
So PWC have upped jobs by 10% - so what - now its harder than ever to get in:
- You have all the highly skilled, networked people who have lost jobs looking to downgrade or get into something stable - 20 - 40 year old career switchers and grads.
- There are more sandwich degrees than ever before which automatically take up available trainee positions
- There are more graduates than ever before and the grad job market has shrunk
So it goes like this: 1000 jobs at PWC:
100 positions filled by school-leavers - AAAA a-levels, captain of rowing team who thinks University is a waste of time or switched on parents
300 positions filled by interns or sandwich degree placement students who have received offers after doing a year - grads doing business, management, economics etc
200+ posiitions filled by accountancy grads whos degrees exempt them from exams
that leaves 300+ places for the other 20,000+ people applying - factor in they have to take an equal number of women, ethnics etc and you can see - its tougher than ever - any excuse to stream you out will be used.
How on earth are you going to get through interview with patchy English or a CV that screams “does not fit in our organisation or UK social environment”