I'm doing BA (Hons.) Accounting & Finance in my final year?

Question

If I just a get a pass degree or 2:2, would i be able to get exemption from ACCA and would I be able to get a job in the accounting field?

Answer 1

You will be able to get a job as a trainee chartered accountant whether that be in the ACCA scheme or indeed one of the other chartered accountancy bodies such as CIMA or ICAEW.

However, if your degree class is less than a 2.1 then you will not be eligible to apply for a job at one of the more prestigious employers such as KPMG or Barclays Bank.

You must realise that accountancy is not a graduate profession in the same way that medicine or law is. You can get a job as a trainee chartered accountant without actually having a degree at all.

Therefore if your degree class is expected to be rather low then you will still be able to get yourself a job as a trainee chartered accountant but you will have to aim your sights lower.

This means that if you are interested in working in public practice then you should be looking to apply for jobs in smaller practices. Likewise, if you are interested in working in industry then you should be applying to non blue chip companies.

As far as gaining exemptions from professional exams this will be done on a subject by subject basis. Even if your degree is not good you may have scored well in certain subjects at university and the ACCA will probably give you an exemption from professional exams in this area.

Once you have graduated and have applied to be a student of the ACCA then as part of your application process you can make a submission for exemptions. For somebody who has gained a good degree (2.1 or better) in Accountancy and Finance it is possible that they could be exempt from all of the exams of the first two levels. However, in your situation this will not be the case.

Answer 2

I graduated this year with an MA(Hons) in Economics and am at present searching for artwork interior the finance marketplace besides. lots of the graduate schemes, which probable is what you're aiming for do no longer care about the topic of the degree - typically they "are searching for for a 2:a million or above in ANY degree discipline". in my opinion i'd do the MSci (Hons) degree for 2 motives. a million) If in few years time you regulate your thoughts about operating in finance you've a extra appropriate degree in the back of you. 2) With some a lot competition for places lately, the further appropriate your degree the further you'll stand out. It also shows that you're truly prepared to adhere at some thing and making an allowance for my specialist finance skills take some thing as a lot as seven years, the skill to commit to at least some thing longterm is significant. the in effortless words different suggestion i'm able to point, is attempting to get a (area-time) job in an workplace depending ecosystem, truly than a bar or save if conceivable. I absolutely have discovered quite a few jobs searching this manner of journey. for instance, (i imagine it became Deliotte) between the organizations i became searching at particular that they were searching for candiates who can show a minimum of four weeks workplace depending journey, regardless of if does no longer favor to be in a unmarried continuous block. Why no longer have a glance at quite a few organizations that you've an interest in operating for and/or specialist skills that you should do and observe what they specify/advise on their webpages. making an allowance for that purposes for both graduate schemes and internships commence early interior the academic year i.e now or in next month or so and fill up without delay. Utilise your college careers workplace - absolutely the careers officials at my college were particularly helpful and had truly some reliable thoughts.