How QUICKLY can you PROGRESS in Finance?
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- čas přidán 24. 07. 2024
- Today, I talk about career progression in Finance and realistic timeframes you can get promoted within...
Timestamps:
1. Introduction 0:00
2. Early Careers 0:23
3. Newly Qualified 2:20
4. Manager 2:55
5. Senior Manager 3:57
6. Director 5:56
6. Close 7:27
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Loved the video. As a student considering an apprenticeship leading to an ACA qualification, I was wondering if taking a year out after my A-levels would hinder my application as that is an option I am considering.
No you should be fine I took a year out to retake but lots of people do to travel the world, take a break etc. I know some people still applied in year 13 and then asked to defer the offer.
Salaam Fehzan, Jazakhallah for all the helpful videos. Upon completing a levels including a level accounting if I'm unable to find an apprenticeship would you recommend going to uni and going through that route. Personally I am discouraged to go down that route due to the debt and lack of experience compared to an apprenticeship as well as having to pay for things like the professional examinations. Do you have any tips on how to get or find an apprenticeship in accounting and what sectors do you think are the best to get into i reckon tax or forensics. But near me ive seen nothing offered in terms of forensic accounting. Also, working as an accountant what's your advice to avoid interest/riba and recording or being involved with it. جزاك الله خير brother
Wa alaykum as salam there aren’t any forensic accounting apprenticeships that I’m aware of but don’t worry you can specialise in forensic accounting after you qualify - with many careers in accounting and finance you can switch service lines once you qualify.
I’m a big fan of audit, it’s where I started and I know you can switch into different lines but I know many people don’t like audit - my advice is get into a top firm and you’ll find doors will open to you.
If you’re unable to find an apprenticeship take a year out, work, and apply again. I had to do that, and it hasn’t held me back
@FehzanMehdi Jazakhallah Khair for the response sir. If I do end up taking a year out and working there's no guarantee that I'd get an apprenticeship the following year so is the risk of not going go university really worth it? I mean it's still an option in my mind of course it's not convenient in a manner but still it should get the job done In'Sha'Allah. So what do you think about that? Also the factor of riba/interest are there any sectors that are guaranteed to either be involved in it and sectors that are guaranteed to avoid it? In my head the switch from a levels to going out to either uni or apprenticeship is such a big jump and I appreciate the advice. Also what's the difference between audit and typical accounting is it that audit mainly check and verify the accountants work?
Hi Fehzan, is the pay difference significant qualifying from a small high street practise as opposed to a top 10 firm?
It can be c. up to £5-7/8k.
Career progression in finance:
Go from analysing a bullshit graph to analysing an even more complex bullshit graph.
Then lose your mind from analysis paralysis
Sorry I just say it as is m8
When clients are stuck, they call the partners
Everyone else within the accounting firm is just there to do boring admin and some analysis
Unless maybe you work for a big company
There are good experiences and bad shame you had a bad experience.
People leave because they hate it
Tell people the truth of what the job actually is
It is just bare spreadsheets and analysis paralysis
It is a job for nerds
Not for me
Finance isn’t for everyone