Accounting & Finance
- Studying: 12%
- Employed in graduate job: 44%
- Employed in non-graduate job: 31%
- Unemployed: 13%
- Average graduate salary: £21,551
- Average non-graduate salary: £16,157
Accountancy courses develop your understanding of the context in which accounting is used, and the technical terminology and practices used within the profession. Over the course of your degree you develop a wide mix of subject-specific and technical skills, you should consider these skills developed on your course as well as through your other activities, such as paid work, volunteering, family responsibilities, sport, membership of societies, leadership roles, etc. Think about how these can be used as evidence of your skills and personal attributes. Then you can start to market and sell who you really are, identify what you may be lacking and consider how to improve your profile.
View the best universities for accountancy and finance degrees.
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A 2010 HESA survey of 2009 graduates indicates that six months after graduation almost half of accountancy and finance graduates went into employment. Of these, around 44% went into business and finance professional roles (e.g. trainee chartered accountant) and associate roles (e.g. trader).
Around 15% of accountancy and finance graduates also took jobs as numerical clerks and cashiers, while around 9% were employed as commercial, industrial and public sector managers.
Where are the jobs?
The most prominent graduate recruiters are the very large multinational accountancy firms. They use large-scale recruitment campaigns to attract the most promising graduates and have high minimum requirements. There are also opportunities in small to medium-sized employers (SMEs) which specialise in a particular type of work or local area. Public sector organisations need accountants to manage the public's money and invest it in public services. In the UK, a cluster of public sector jobs are available in central London with others available nationwide.
Jobs directly related to your degree
It is very important to remember that your degree in accountancy and finance has provided you with a range of skills and experience that will make you suitable for a wide variety of graduate level jobs. There are several different types of accountant:
- Chartered accountant
- Chartered certified accountant
- Chartered management accountant
- Chartered public finance accountant
Jobs where your degree would be useful
- Investment analyst
- Financial trader
- Actuarial consultant or Actuary
- Credit analyst
- Management consultant
- Tax adviser
Although some of the jobs listed here might not be first jobs for many graduates, they are among the many realistic possibilities with your degree, provided you can demonstrate you have the attributes employers are looking for. Bear in mind that it's not just your degree discipline that determines your options. Remember that many graduate vacancies don't specify particular degree disciplines, so don't restrict your thinking to the jobs listed here.
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