accounting careers advice and skills gained powerpoint
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help for accounting peopleTRANSCRIPT
What skills and attributes have I gained from
Accounting AS Level?
◦The ability to interrogate data – for example using ratio analysis to evaluate the impact on profitability and liquidity of a firm
◦The ability to present arguments and make judgments and justified recommendations e.g. when advising the most appropriate source of finance for business expansion
◦The ability to construct year end financial statements and make appropriate adjustments
During your studies in AS Accounting you have acquired the following skills:
Feedback from previous students has been overwhelmingly positive.
Many feel that when going on to study at degree level the skills gained from Accounting A Level have benefitted them greatly and this has led to:
An easier first year a higher degree classification
Why take Accounting A2?
Another reason to take the A2 qualification is the results which are far in excess of national levels
Why take Accounting A2?
Loreto A*-A
Benchmark A*-A %
Loreto A-B
Benchmark A-B
Loreto A-E
Benchmark A-E
2012
38.24 13.79 67.65 36.14 100 94.38
2011
27.27 13.82 54.54 35.12 100 94.89
2010
32.65 15.33 67.35 37.36 100 93.94
2009
26.67 13.49 66.67 35.83 100 93.44
2008
55.45 14.74 77.27 33.93 100 92.75
Accounting at degree level and
employment prospects
Can be studied as:
A single Honours A Joint Honours Accounting degrees from a Russell Group University
are highly valued by employers. Some universities have specific entrance
requirements in terms of GCSE (all require a C and some require a B or even an A!) and A level maths. ◦ For example, the University of Bristol expect A Level Maths
at A grade. Double check UCAS! Check what grade is required for English GCSE too!
Accounting degrees
Single Honours
• Accounting• Finance• Banking• Management• Economics• Human
Resources• Marketing• Business Studies• Law
What courses could I study?
Single Honours Combined Honours
• Accounting• Finance• Banking• Management• Business Studies• Economics• Human
Resources• Marketing• Law
• Accounting & Economics
• Business & Economics
• Business & Accounting
• Accounting & Finance
What courses could I study?
Single Honours Combined Honours Other subject combinations
• Accounting• Finance• Banking• Management• Business Studies• Economics• Human
Resources• Marketing• Law
• Accounting & Economics
• Business & Economics
• Business & Accounting
• Accounting & Finance
• Law & Accounting
• Accounting & Maths
• Accounting & Foreign Languages
• Accounting and Management Information Systems
What courses could I study?
The following are the top 10 universities for Accounting and Economics in the UK
Many students who want to pursue a career in Accounting take an Economics degree first as an alternative route
If you prefer to stay closer to home the top 10 universities in the North West have also been included!
Rankings may vary dependent on course and data source. It is also a good idea to do research on the Guardian and Times websites when choosing a course
All information is taken from:◦ http://www.thecompleteuniversityguide.co.uk /
Top Universities
Ranking
University
1 Bath 2 London School of Economics 3 Warwick 4 Strathclyde 5 Leeds 6 Glasgow 7 Loughborough 8 Exeter 9 Cardiff
10 Newcastle
Top 10 Universities in the UK for Accounting
Ranking
University
1 Warwick 2 London School of Economics 3 Oxford 4 Cambridge 5 University College London 6 Bristol 7 Exeter 8 St Andrews 9 Durham
10 Nottingham
Top 10 Universities in the UK for Economics
Ranking
University
11. Lancaster15. Manchester29. Liverpool39. Manchester Metropolitan40. Salford 61. Liverpool John Moores69. Chester76. UCLAN81. Edge Hill89. Bolton
Top 10 Universities in the North West for Accounting
Accounting (3/4 Years) [BSc] Number of places/applicants: 286
applications for 39 places Typical A-level offer: AAA GCSE:
◦ GCSE Mathematics - minimum grade A◦ GCSE English Language - minimum grade B
http://www.manchester.ac.uk/undergraduate/courses/search2014/bysubject/course/?code=07808&pg=1
Accounting at the University of Manchester
84% of FTSE 100 companies have a Chartered Accountant on their board
58% of UK FTSE 100 companies have an Chartered Accountant as chairman, CEO or CFO
FTSE 10 companies include HSBC, BP, AstraZeneca and BT
Why have a career in Accounting?
Actuary: Actuaries evaluate, manage and advise on
financial risks. They apply their knowledge of business and economics, together with their understanding of probability theory, statistics and investment theory, to provide strategic, commercial and financial advice.
The core of actuarial work lies within pensions and insurance.
Typical starting salaries for graduates fall generally within the range of £25,000 - £35,000
Typical salary at senior level/with experience, e.g. after 10-15 years in the role: over £60,000.
Jobs where your degree would be useful
Chartered accountant: This might involve them in financial reporting,
taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, or accounting systems and processes. Generally, they play a strategic role by providing professional advice, aiming to maximise profitability on behalf of their client or employer.
Starting salaries vary considerably from £18,000 to £28,000
The typical salary for a newly qualified accountant is £26,000 to £50,000+ while the average for a chartered accountant in a senior role is up to £100,000
Jobs where your degree would be useful
Retail banker: A retail banker works in banks and building societies
that can be found on the high street, although there are now increasing opportunities to work for online banks and supermarkets which offer a banking service.
This can include authorising loans and overdraft facilities, setting up saving accounts and bonds, and assisting in the movement of money via payment mechanisms.
Starting salaries for entrants on graduate management trainee programmes are typically in the region of £18,000-£25,000,
Central management roles can earn in excess of £80,000.
Jobs where your degree would be useful
Investment analyst: An investment analyst undertakes research to provide
information and investment ideas to fund managers. Some analysts work for investment management
companies, providing information to in-house fund managers; others work for stockbrokers and investment banks, where their research assists their employer's clients, usually fund managers/hedge funds.
Typical starting salary for entry-level graduate positions: £28,000 - £40,000 in London, with possible bonuses of 20% - 100% in the first three years.
After five to eight years, salaries rise to £65,000 - £100,000, with bonuses of up to 40% - 150%. Typical salaries at senior levels can be £110,000+, with bonuses of up to 200% of salary.
Jobs where your degree would be useful