HOW MUCH AN ACCOUNTANT MAKES! £30K, £50K, £100K, OR MORE?!

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  • čas přidán 5. 07. 2024
  • We've always been told being an Accountant is a lucrative career! However, it's not always clear what the earning potentials are? I talk about how much you can expect to earn at different stages of an Accountant's career!
    If I can help you in any way, please comment below or DM me on Instagram, I will do my best to help you where I can!
    Please do share the channel and encourage others to subscribe!
    Instagram: / fehzan_mehdi
    You can also book in time with me to gain personalised advice on applications, interviews, career coaching & more! Click on the link below to find out more:
    calendly.com/fehzanmehdi

Komentáře • 220

  • @khadijat5511
    @khadijat5511 Před 3 lety +99

    "there's no point earning 100k a year if you don't have time to spend it" jazakallah khair for the advice.

  • @angiesenanes2591
    @angiesenanes2591 Před 3 lety +23

    Thank you so much for all your videos 🙏🏼 I am a mature student and I am following the AAT route as I did not go to university. Your content has helped me so much 🙏🏼

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety

      Thanks for your kind words! Hope you smash it!

  • @etamang
    @etamang Před 3 lety +20

    Very transparent and well-explained video. You radiate such positive, humble and genuine energy! Your character has inspired me just as much as the knowledge you have shared, thank you. 👍🏽

  • @madni94
    @madni94 Před 3 lety +15

    Very helpful, definitely agree as a part qualified accountant!

  • @tomo1861
    @tomo1861 Před 2 lety +7

    Thankyou so much for this video, finding info on the internet is a nightmare, some sites say £20k and others say 80k, makes sense that the longer you’re qualified the more you earn.

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      Glad it helped thanks for the kind words

  • @naeemkayani6888
    @naeemkayani6888 Před 3 lety +4

    Awesome breakdown and really informative!

  • @nitinbisht3d445
    @nitinbisht3d445 Před 3 lety +2

    Keep it up brother 💚
    Thanks for the information

  • @nappacef3734
    @nappacef3734 Před rokem +3

    You have the most realistic and helpful videos! Giving it a go starting at 30, wish me luck.

    • @FehzanMehdi
      @FehzanMehdi  Před rokem +1

      Thank you hope you smash it

    • @natakijean-baptiste1746
      @natakijean-baptiste1746 Před rokem

      I'm 41 and I've just started, got a job in a school as a finance assistant and ill study online

  • @studentstyle1636
    @studentstyle1636 Před 3 lety +18

    Really good video's brother. Just been offered a school leaver programme at a big 4 company in Assurance. Your're videos are really helping.

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety +3

      Ma shaa allah great news

    • @hammadxzy8853
      @hammadxzy8853 Před 2 lety

      Assalam walaikum sir this is saquib I am an Accountant And degree is B com from india and want to work in UK , then what should I do to find the job there and also having experience professionally.

  • @edubros3662
    @edubros3662 Před 2 lety +1

    JazakAllah brother for all the videos. learned a lot from these videos

  • @sarim2326
    @sarim2326 Před rokem +4

    jazakallah khair. thank you so much! im 14 years old in year 9 london and im hoping to be an accountant inshallah if Allah chooses it. Your video was very helpful and surely made me make up my mind. I'm going to attempt to come back here when im a successful accountant and inshallah i get there. ❤❤

  • @st56767
    @st56767 Před 3 lety +1

    Fantastic video !

  • @bduran7086
    @bduran7086 Před 3 lety +7

    This is a great video! Starting my ACA at 26 in Sept after a PhD in a different area so currently really loving channels like yours!

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety

      Thanks for the kind words Derek hopefully all goes well with the ACA

    • @bluelight628
      @bluelight628 Před 2 lety +1

      what made you change your field especially at 26 ?

    • @bduran7086
      @bduran7086 Před 2 lety +2

      @@bluelight628 doing the second half of my PhD remotely in COVID gave me a lot of time to reflect and realise I really wanted to work in finance/business, not scientific research.
      Love my role so far and get to see a new business every week!

    • @bluelight628
      @bluelight628 Před 2 lety

      @@bduran7086 do you feel bad that you spent so long doing a degree or PhD in something you changed your mind about

    • @bduran7086
      @bduran7086 Před 2 lety +4

      Nah, gained so many skills from my PhD that have transferred over and I'm much more confident in my abilities and able to speak confidently to clients and managers/partners.

  • @sulimans646
    @sulimans646 Před 3 lety +1

    also if you chose not to go for the manager roles or senior staff roles then would the increase in salary still be the same

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety

      So as a qualified accountant you can expect to earn around £50k but to get the higher salaries around £70-80k you do need to go for Manager roles. If you just stayed at a qualified accountant level then you will just typically receive an annual 2-5% pay rise.

  • @1giane
    @1giane Před rokem +2

    Salaam brother whats your opinion on using an audit graduate scheme at a top10 accounting firm as a way to get qualified (ACA) and then change direction ie via internal transfer or external move to a different arm in a firm such as consulting, do you think it can still follow a similar route to 6 figure salary within 10-12 years? Not that money is the end all but just as a guideline, as I think staying primarily in audit/accounting is not completely suited to my skillset

    • @FehzanMehdi
      @FehzanMehdi  Před rokem

      Wa alaykum as salam definitely - it's a route many people follow qualify and then switch service lines

  • @kjones780
    @kjones780 Před 6 měsíci +1

    I started ICB Level 2 Bookkeeping, now doing Level 3 and thought I should do AAT L3 afterwards, because I'm really finding it hard to find a trainee/entry role but I didn't actually realise that I don't need bookkeeping first before studying to be an accountant, I wish the training providers gave more information and guidance on finding the best route! Thank you for sharing.

  • @inaspinei1294
    @inaspinei1294 Před 3 lety +2

    I am about to start an AAT course, which AAT provider would you recommend?
    Thank you

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety

      I personally studied with BPP and thought they were great!

  • @musachohan878
    @musachohan878 Před 3 lety +1

    MashAllah brother God bless you

  • @yerepepe
    @yerepepe Před 2 lety +4

    A very realistic explanation!
    Thanks

  • @MuhammadBilal-ds4bn
    @MuhammadBilal-ds4bn Před 3 lety +1

    hey Fehzan do you think I can get a 20k school leaver scheme with just GCSE's or do I need to finish my Access to HE level 3 in order to achieve that ?

    • @MuhammadBilal-ds4bn
      @MuhammadBilal-ds4bn Před 3 lety +1

      oh and I am 21 years old

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety +1

      Age doesn’t matter but you would need the equivalent of A levels or BTEC around 104 UCAS points as minimum id say but ideally 120 UCAS points

  • @nicolaeo1756
    @nicolaeo1756 Před 2 lety +2

    Hi! I am 33 and am I'm looking a career change into accounting and currently, I am doing the AAT levels. After I will finish studying the first two levels I am thinking to apply for my first role in an industry or in a practice. But my big concern is that I don't have any prior experience . I know that is recommended to do an apprenticeship or a traineeship if you are starting into finance, but … I don’t think I can afford getting paid with £12k - £13k a year having two kids and raising a family. I am not sure if I can wait a few years till I am getting paid enough to support my family. What would you suggest? How can I “avoid” doing the apprenticeships and getting a job in accountancy with no experience with at least 18 -£19k a year? Thanks!

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      I would look at an entry level temp role in accounts payable or receivable it’s a way of building some experience without sacrificing a decentish salary

    • @karag4487
      @karag4487 Před rokem

      What career are you currently working on now!

    • @natakijean-baptiste1746
      @natakijean-baptiste1746 Před rokem +1

      I just got a job in a school as a finance assistant, I've not even finished my AAT the pay is £21,000-23,000
      I found apprenticeships paying much more look on indeed

  • @AshVentureOfficial
    @AshVentureOfficial Před rokem +1

    Salaam brotha, awesome advice, I have a few questions.
    Let's say it takes a GCSE student school leaver around 16 months to clock AAT Apprenticeship, some listings online state that they will accept AAT qualified accountants who are studying towards ACCA, etc, these listings pay 20k+ a year. Could it be viable to get to that pay within two years then? Salaam and may Allah bless you for the manner in which you state this info.

    • @FehzanMehdi
      @FehzanMehdi  Před rokem +1

      Wa alaykum as Salam yes is possible but then it depends on your apprenticeship and the specific experience you’ve gained. If you’ve got good experience then easier to get these higher paying roles.

    • @FehzanMehdi
      @FehzanMehdi  Před rokem

      The other option is you do your a levels and then secure an apprenticeship with a big firm which offers around £20k starting salary

  • @sulimans646
    @sulimans646 Před 3 lety +2

    could you please explain how to get into one of the school leaver programmes

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety +1

      In shaa allah next video will be about tips on how to secure a placement / apprenticeship / grad placement.

  • @nwokolodonald3394
    @nwokolodonald3394 Před 2 lety +2

    What about, someone who is a CA in his country. Has AAT in Nigeria, BSc Accounting, ACCA-Certifr and looking to study MSc Accounting and Finance in UK with about 7 years of experience in accounting as Head of Finance, Finance Manager, Finance Controller in Nigeria(excluding other junior level jobs)
    What's the prospective pay like and journey?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      It’s difficult to say your experience will count for a lot but depends how relevant it is in the U.K. I would focus on completing the ACCA first if that’s not the case but if complete you could get a role as a Senior which is salary of around 50-55k

  • @jdb47games
    @jdb47games Před rokem +8

    I'm a 59 year old ICAEW sole practitioner who spent the first 12 years of my career as an employee in a mixture of public practice, industry, and the public sector, before starting my own practice. Throughout that time I have laughed at the ridiculously exaggerated earnings figures for accountants that recruitment agencies and professional bodies routinely throw around. Fehzan's figures are, by contrast, completely correct by my estimation. The only thing I would add is that young people considering an accountancy career should not assume they will ever reach the higher levels of earnings, and be prepared to settle at a long term salary of around £50,000 after qualification, as that is what most qualified accountants earn.

    • @FehzanMehdi
      @FehzanMehdi  Před rokem +1

      Thank you for your insight definitely agree some salary surveys give ridiculous figures

    • @bookworld6405
      @bookworld6405 Před 14 dny

      Hi. I'm really confused with the weird numbers that ICAEW, PWC and other bodies show...I saw a median reporting of 134K pounds, so is that even possible in early stages (4-6 years), or, does it even reach till there for most people, or is it lower even in regions like London

  • @reemalsaadi6764
    @reemalsaadi6764 Před rokem +1

    hello! i am in y11 however when i leave soon i want to do an accounting apprenticeship or maybe even buissness administration. Where do i start ?

    • @FehzanMehdi
      @FehzanMehdi  Před rokem

      It’s up to you but I recommend doing btec or a levels first as apprenticeships after year 13 are much better

  • @Idk-yx4zf
    @Idk-yx4zf Před 2 lety +2

    Amazing video god bless u ma shallah u should came a teacher but i have question can u not apply to work in different countrie that give u alot money like dubi and how can u apply if u can

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      That's an interesting topic - I haven't worked abroad myself but been approached to work internationally. Short answer is yes you can work abroad once qualified as chartered accountancy qualifications are recognised internationally. The two main ways are to either go through a recruitment agency, more difficult to go direct I'd say, or either work for an international firm which has offices abroad and look to secure an internal transfer.

  • @awaishussain996
    @awaishussain996 Před 3 lety +3

    Are there good opportunities in the future for AAT qualified? And what kind of jobs can you go into as an AAT qualified Accountant.

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety +2

      Definitely AAT is a good foundation qualification and in shaa allah will set you up to become a supervisor in many processing type roles ie accounts payable, receivables, credit control, and payroll. Salary wise can hit around the £30k mark but don’t stop there think of the AAT as a stepping stone to becoming a fully qualified accountant where your earning potential becomes much higher!

  • @umair-janjua1
    @umair-janjua1 Před 2 lety +1

    Sir please tell me that which account study are you discussing ACCA or CA . i am new in this field so please tell me.

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      Any chartered accounting qualification not restricted to ACCA

  • @norezqamar889
    @norezqamar889 Před rokem +1

    Salaam brother. Ignoring all other factors such as experience or skills and what not, does an ACA have a better chance at getting the job than ACCA in the UK? Ignoring everything else?

  • @sarahgheith8849
    @sarahgheith8849 Před 3 lety +2

    Hi, I’m 25 and currently studying an AAT Level 3 course, what would be the starting salary here?

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety +1

      Depends on the entry route for example as an apprenticeship you could be on a the equivalent of a few pounds per hour but if you join an entry level role say in AP or AR or as an Assistant Accountant you could expect a salary or around £18k with no experience

  • @Bossman-kb8vo
    @Bossman-kb8vo Před 2 lety +2

    Asalamalaikum brother. I have done my GCSEs and got high results. Do u reccomend doing the aat route? I’m 16

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      Wa alaykum as Salam watch my latest video I recommend a levels or btec then an apprenticeship

  • @kemarblake1854
    @kemarblake1854 Před 2 lety +1

    Hi Sir. I'm a new subscriber. I'm looking to study in the UK in the future because I want to gain permanent residency there. I am finishing up my bachelor's degree and I want to study masters in accounting in London. How much do you think I will earn as someone with no prior experience but with a masters degree? I am trying to see if I can try and start ACCA so I have a better opportunity to stay in the UK after. My salary has to meet a minimum wage. Please advise me. Thankyou

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      Firstly, make sure you get the right visa which allows you to work with no restrictions - if you study for a Master's after a Bachelor's you can apply for a grad scheme and expect to earn a starting salary of around £28k.

  • @faamizaamir792
    @faamizaamir792 Před 2 lety +2

    Aslkm brother i wish to relocate to UK. Im currently a commerce graduate in India and now am an accounting professional in Tanzania. Can I choose Aat course as a path?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      Wa alaykum as Salam yes you can but if you have a degree check the U.K. equivalent of your Indian qualifications and see if you meet the entry requirements for a graduate scheme. This is obviously dependent on you having the right to work in the U.K. without restrictions.

  • @tflp1950
    @tflp1950 Před 11 měsíci +1

    Thanks for the video, do you know if ACCA vs ICAEW affects salary?

    • @FehzanMehdi
      @FehzanMehdi  Před 11 měsíci +1

      No it shouldn’t both are equivalent qualifications so you shouldn’t see significant salary disparity

  • @JessieCorl2001
    @JessieCorl2001 Před 2 lety +1

    I’m doing my GCSEs right now and I’m thinking of being an accountant. Will I be able to become one with A level business or will I need to also accompany that with economics or maths?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      Don’t need to study specific a levels just avoid general studies will be fine with business and two other a levels

    • @JessieCorl2001
      @JessieCorl2001 Před 2 lety +1

      @@FehzanMehdi does media n film studies count as general studies?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      No it doesn’t

  • @norezqamar889
    @norezqamar889 Před rokem +1

    In the UK, Is it true that those having ACCA/ACA get promotions and progress earlier than others?

    • @FehzanMehdi
      @FehzanMehdi  Před rokem +1

      Broadly yes it’s seen as a requirement for future progression opportunities

  • @tanvirulchowdhury8409
    @tanvirulchowdhury8409 Před 3 lety +1

    Great video. As a part qualified I agree with the points made in the video.

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety +1

      True you’ll soon be hitting those top end figures in shaa allah!

  • @dopesboyy6344
    @dopesboyy6344 Před 2 lety +1

    is school leaver an apprenticeship or is it not,and is it after a levels?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      Yes school leaver is also an apprenticeship and yes it is after A levels.

  • @abdifatahmohamed192
    @abdifatahmohamed192 Před 3 lety +2

    Hi! Please answer my question. I am scared about dealing with interest or haram stuff once I became an accountant. So what should I do?

  • @compassion333
    @compassion333 Před 2 lety +2

    Assalamu alaikum brother. I'm thinking of starting to work once my younger child starts going school full time. I am 25 years old. I have all my gcses and 2 AS levels. I didn't complete the whole A level. Only did half. Is it possible for me to get into apprenticeship when I'm like 27 years old? Would I be accepted or is that too old for an apprenticeship?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      Wa alaykum as Salam age isn’t a barrier so don’t worry about your age. Only thing is you’d need a levels or btec to do a school leaver programme with a larger firm so you may want to do that. The other option is to find an apprenticeship offering the aat level 3 my only issue with those is that they don’t guarantee that you’ll continue your studies with them once you’ve completed level 3 and the pay is normally not worth it.

    • @immanuelb1611
      @immanuelb1611 Před 15 dny

      @@FehzanMehdi so you wouldn't recommend doing an AAT level 3 apprenticeship post A-level?

  • @blaisemethos9479
    @blaisemethos9479 Před 2 lety +2

    Please guide I'm in 12th right now I'm thinking to set up my carrier as a qualified accountant but from which degree should I start please tell its a request

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      So in the U.K. you don’t need to have a degree in a specific subject to become an accountant.
      However in other countries the requirements may be different so can’t advise on that unfortunately.

  • @The_business_Podcast
    @The_business_Podcast Před 2 lety +1

    Great video
    May Allah bless you 🌷

  • @Me-jf7cd
    @Me-jf7cd Před rokem +1

    I just finished my BA in Economics but have 0 experience in accounting. I want to wokr as an accountant but have zero experience to be fair. How should i proceed?
    Masters is very expensive in london . Cant really afford one.
    Thanks!

  • @muftaubaruwa5254
    @muftaubaruwa5254 Před rokem +1

    wa alaykum salam wa rahmatullahi wabarakatu. Many thanks for the great information bro!

  • @erfansharifi7969
    @erfansharifi7969 Před 5 měsíci +1

    Thank you ❤
    Can you do a comparison of ACA vs CIPFA and if it’s easier to move to private sector from public sector and vice vera.❤

    • @FehzanMehdi
      @FehzanMehdi  Před 4 měsíci

      Thanks will take a look into this.

  • @khalidkamil1964
    @khalidkamil1964 Před 2 lety +1

    assalamu alaikum brother I hope you're doing well brother I'm 45 years old now and I finish my AAT level 4 and get certificate with that. i am planning to continuing studies ACA. but all my family and friends they said your age is too high to do that. can you or anyone in your group give me a useful advise without any motivation or opinion that not connection to the real field work please.many thanks

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      Wa alaykum as salam - age is just a number deffo recommend you go for the ACA - it increases career opportunities and earning potential, well respected qualification and you've proven you can study already by completing the AAT!

  • @future1127
    @future1127 Před 3 lety +3

    Can you start the graduate program at older age like 26?

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety

      Yes ofc you can worked with grads much older than that

  • @shahrukhali4856
    @shahrukhali4856 Před 2 lety +2

    Acca affiliate with no experience how much I expect to earn in UK as an entry level??

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      With no experience, I’d expect you to struggle to find a part qualified role even if you have done your acca exams. You could expect to earn around £18k in an entry level position.

  • @Bigabs69
    @Bigabs69 Před rokem +1

    Thank you brother, this was a very useful video. I do have a few questions though. I have already applied to medicine and I was really thinking about accounting as a back up but as all my university choices was medical schools. So firstly I’d like to ask is if I should go to an accounting apprenticeship in my local area after a levels (20k per year) or should I take a gap year and reapply for university. Also brother another thing I would like to ask is if I complete the Acca inshallah (which is included in my apprenticeship) how likely would it be for me to find a good job are they competetive or are chartered accountants in demand thank you brother and I wish you the best.

    • @FehzanMehdi
      @FehzanMehdi  Před rokem +2

      Competition can be tough but I’d recommend you start applying from now to try and secure a place. I advocate for apprenticeships but apply to both uni and apprenticeships and see what offers you get first

  • @malharjpatel
    @malharjpatel Před 3 lety +3

    Very nice video brother. Which job has the best work life balance in the big 4 firms?

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety +1

      It’s difficult to answer that as it depends on you team, clients, service line, busy period, career ambitions, seniority etc.
      All I’d say is sometimes the work life balance isn’t there in the Big 4 especially at busy season however remember you are trying to build a career at the same time so don’t let that faze you!
      I’d say now that I work in industry I have excellent work life balance but that was achieved after years of grafting and building a career in practice!

    • @malharjpatel
      @malharjpatel Před 3 lety +1

      @@FehzanMehdi that's the purest reply I have ever heard! Thank you so much bro.

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety

      No worries

  • @jamieharper6448
    @jamieharper6448 Před 2 lety +3

    Absolutely fantastic video currently a 16 year old looking at alternatives to alevels you put all the information on the table thank you very much

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +2

      Thanks Jamie - just want to make you aware I do normally recommend people look at alternatives after A-levels/BTEC as this opens up more opportunities than if you were to start after GCSEs.

    • @jamieharper6448
      @jamieharper6448 Před 2 lety +1

      Thank you I have looked at the courses and decided to take alevels now do you recommend any alevels to help with accounting I'm currently looking taking maths ,physics and design and technology

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      Nope all I say is avoid general studies. You can study any subject and go on to become a chartered accountant. Do something you’ll get good grades in and enjoy is my advice.

  • @kevinp8027
    @kevinp8027 Před rokem +1

    Hi, are those earnings you talk about in the video net or gross?

  • @MuhammadBilal-ds4bn
    @MuhammadBilal-ds4bn Před 3 lety +2

    if you don't mind me asking around what figure are you hitting right now with your experience in the pocket?

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety

      Alhumdulillah it’s a good package includes the benefits I spoke about in the video so you can hazard an approximate

    • @robotactive6340
      @robotactive6340 Před 2 lety

      @@FehzanMehdi can u say the number s

  • @abyjose8350
    @abyjose8350 Před 2 lety +1

    Can u suggest some job oriented masters accounting course in uk
    I am mcom passed with CMA intermediate

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      I’d look for a masters with data analytics and maybe the opportunity to gain some work experience although as it’s typically a year long doubt there’ll be significant work opportunities

  • @shameerca3408
    @shameerca3408 Před 3 lety +3

    Hii brother, can we get jobs with M.Sc in Accounts without having any professional degree like ACCA Or something like that and what would be the pay on an avg if I could find job with my masters degree in Accounts. Thanks in Advance and your videos are so informative and this is not to flatter 😄

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety +2

      Yes ofc you can as a graduate in the UK, you should be able to get in with a Masters. You can see salary brackets in the video but around £28k to start is a reasonable expectation.

    • @nwokolodonald3394
      @nwokolodonald3394 Před 2 lety

      With MSc in accounting and you are looking at around 28k. That's very low and looks like an entry level job...

  • @mohamedfarouk7392
    @mohamedfarouk7392 Před 2 lety +1

    I am a air cargo proficinal accountant since 13 years and iam excepect an offer from a an international firm what should I have as a salary and benefits would u help me

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      I can’t really say with the limited information as I don’t know what your day to day is and whether it’s relevant to your next role - the figures in the video give you an indication

  • @user-yl1hy9my6m
    @user-yl1hy9my6m Před 10 měsíci +1

    Hi ,whats the average salary for cima qualification one .CIMA member ?and whats the job availability for CIMA member

    • @FehzanMehdi
      @FehzanMehdi  Před 10 měsíci +1

      Similar to the figures I mentioned newly qualified can expect around the £50k mark. Job availability depends on the market, I’d say many cima members are suited for industry positions. Rare to find lots of cima students in practice.

  • @lydiaadeleke6070
    @lydiaadeleke6070 Před 2 lety +2

    I am studying for a B.SC in Accounting and Finance which I was told I will be exempted from some accounting exams, what would I do after getting my degree, do I join the ICAEW?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      So you’d apply for a training contract as part of a graduate scheme with an employer. If you secure a role the employer will then register you with the ICAEW you can then apply for exemptions once registered.
      You can check on the ICAEW website which exams you’re exempted from it’s called credit for prior learning.

    • @lydiaadeleke6070
      @lydiaadeleke6070 Před 2 lety +1

      @@FehzanMehdi would the training contract be easy for an international undergraduate student?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      So long as you have right to work in the U.K. you should be fine. Most firms will require this for all candidates.

    • @lydiaadeleke6070
      @lydiaadeleke6070 Před 2 lety +1

      @@FehzanMehdi sorry to disturb but do you have an advice for how to answer at the embassy when they ask for my future goals if the training contract is for three years and the post study visa is for two years🙇🏾‍♀️

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      Hey I’d seek legal advice I’m not knowledgeable on study visas so please do consult a solicitor

  • @jojoforson9323
    @jojoforson9323 Před rokem +1

    Good video bro. What salary jump could i expect after completing the first 6 exams of the ACA in london

    • @FehzanMehdi
      @FehzanMehdi  Před rokem +1

      I’d say around 3-4k with an annual pay rise. It would take between 6-12 months to complete the certificate stage and after this I’d expect a 2-3k increase but with a pay rise of a few percent after a year total will be around 3-4k

    • @jojoforson9323
      @jojoforson9323 Před rokem

      @@FehzanMehdi Thanks for the feedback bro, sounds good

  • @rajisureshkumar7560
    @rajisureshkumar7560 Před 2 lety +2

    Sir, Iam a CIMA and CMA INDIA qualified accountant with 3 yr+ post qualifiation experience. Iam planning to wrk abroad. How much can i expect to earn in london with my qualification and experience.

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +2

      If you have relevant experience you can realistically expect to around £60-65k as an experienced Senior Financial Accountant / Analyst.

    • @PavanKumar-eq1lx
      @PavanKumar-eq1lx Před 2 lety +1

      I am also cma india and cima when we go london bro??

  • @vrindasharma4554
    @vrindasharma4554 Před 3 lety +2

    Hi. Nice informative video. I have to ask you if I have done masters n graduation in Commerce from India but had been suggested to do AAT once I moved to London . I am currently doing AAT level 3 but I am unable to land a role as trainee account assistant anywhere whatsoever . Do u have any suggestions for starter jobs in London or what exactly should I do ?

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety +2

      You should firstly check your qualifications and the equivalent in the U.K. because if they are the equivalent of a levels and gcses atleast then you can apply for school leaver programmes as well.

    • @vrindasharma4554
      @vrindasharma4554 Před 3 lety

      Thank you so much for replying. Its equal to level 7 here

  • @foreveryour11
    @foreveryour11 Před 3 lety +2

    Hello what would be the salary for a professional accountant (acca, cima, aat) and MBA in finance and business?

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety +1

      That depends on experience, company, and route. For example if you do a MBA after years of experience and join a MBA specific programme you could reasonably expect to earn close to £100k. One of the benefits of a MBA is the network that you develop.
      If you join a normal graduate programme because you did a MBA straight after your degree then you can expect a salary of £28-30k. Your MBA wouldn’t necessarily mean a higher salary in all instances

    • @foreveryour11
      @foreveryour11 Před 3 lety

      @@FehzanMehdi umm, so the professional qualifications won't make much?

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety +2

      No the MBA is a good qualification it's just that I believe it holds much more value with years of experience when compared to studying this straight after a bachelors degree.

    • @foreveryour11
      @foreveryour11 Před 3 lety +1

      @@FehzanMehdi what about ACCA,CIMA and AAT? If I do these along with MBA and then get the work experience how much would I make?

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety +1

      @@foreveryour11 Well typically the same as without the qualification, the sort of salaries I mention in my video. The MBA would may be add a few k to your salary, however, if you're going to be a chartered accountant just because you did a MBA after your bachelors doesn't mean that will give you a higher salary than colleagues who are chartered accountants without a MBA.
      The MBA's real value is when you become quite senior say Manager in an organisation and then your firm may recommend this to you may even sponsor you and put you on an accelerated pathway to senior leadership!

  • @baldwinzvapano3045
    @baldwinzvapano3045 Před rokem +1

    Currently doing acca fundamentals completed 6 exams..I’m now based in the uk and have a right to work..can i find a job and how much can i expect to earn?

    • @FehzanMehdi
      @FehzanMehdi  Před rokem

      It depends more on your work experience if you’re looking for your first role in the U.K. it would be an entry level role pretty much so can expect to earn around 20-25k

    • @baldwinzvapano3045
      @baldwinzvapano3045 Před rokem

      @@FehzanMehdi thank you sir

  • @dharambasi1928
    @dharambasi1928 Před 2 lety +1

    Should one consider doing their A-Levels and then doing an AAT qualification or skip A-Levels and go straight for AAT?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      I recommend a levels first as it opens up more options just in case aat doesn’t work out.

  • @dijasr8487
    @dijasr8487 Před 2 lety +1

    Salam brother, which company's would you advise are best to do AAT accounting?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      Wa alaykum as salam do you mean to study with?

    • @dijasr8487
      @dijasr8487 Před 2 lety +1

      Yes to study online with

    • @dijasr8487
      @dijasr8487 Před 2 lety

      @@FehzanMehdi I'm not sure which is best but I'm thinking between ICS & Training link. But would prefer your advice, jzk.

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      @@dijasr8487 BPP and Kaplan are popular providers and amongst the biggest

  • @harishbabu4179
    @harishbabu4179 Před 2 lety +1

    Hi Fahzan Mehdi. I am a Indian CA. I am planning move abroad which country will be better where i will be paid high.

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      Each country will be relative as you’ve also got to take into account the cost of living too

  • @joshhof4597
    @joshhof4597 Před 2 lety +1

    Would you say accountancy is boring? I've heard a few things.

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      Bearing in mind I work in audit, I don’t find it boring - I like my job! This often comes down to perception your view will be different from mine and vice versa

  • @siamsama2581
    @siamsama2581 Před 2 lety +1

    How can a graduate be paid 26k a year when he/she graduated with a degree in a completely unrelated field, like Physics? Especially when they don't know anything about accounting?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      You can enter the industry with any degree don’t need a related degree even then a degree doesn’t mean practical experience - real world is very different from theory

  • @abdulhaadi2453
    @abdulhaadi2453 Před rokem +1

    Whats the difference between a path to becoming a CFO & Manager . What are their roles ?

    • @FehzanMehdi
      @FehzanMehdi  Před rokem

      Very different roles in terms of seniority - CFO is ultimately responsible for the entire Finance department, whereas Manager is a few levels below CFO and typically look after one area of finance.

  • @Has213
    @Has213 Před 3 lety +2

    hello, i am in year 11 at the moment and I want to become a chartered accountant I have been told that I should go to the AAT route.
    They advised me to go to the aat and then do the 2 years and then I should go to the aca/acca is that possible. Meaning I don't need a levels or is the aat enough to get into the aca
    Thank you

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety +1

      No I would recommend doing a levels it keeps your options open and after your a levels you can go and do a school leaver programme to do the ACA

    • @benaxon9721
      @benaxon9721 Před 2 lety

      @@FehzanMehdi that’s what I’m doing. There are some great companies which offer the AAT and then the ACA. I’ve done A levels first mainly due to the reason Fehzan suggested but also because I didn’t want to become AAT qualified and then no companies offer to train me for the ACA. Better to do it in one step I reckon with a company that guarantees you both things.

  • @Parveen7657
    @Parveen7657 Před rokem +2

    Hello sir i have a few questions can you please help me!?
    • what's the scope of ACCA in UK?
    • what's a good income in UK to live a life comfortably (expected amount)?
    • what's the expected salary of an ACCA member who have an experience of 3-4year?
    • (a fear in mind) is it a good course to do 😶 what if i didn't get a job in a good accounting firm or in a big 4?

    • @FehzanMehdi
      @FehzanMehdi  Před rokem +1

      ACCA is quite popular in the UK - I did a recent video comparing membership numbers which you should check out. In terms of good income, that's subjective some people will survive on £30k per annum whereas for others £80k isn't enough. ACCA with 4 years' experience post qualified you could be looking at around 65-70k+

    • @Parveen7657
      @Parveen7657 Před rokem

      @@FehzanMehdi Thank you so much sir😊

    • @Parveen7657
      @Parveen7657 Před rokem

      @@FehzanMehdi sir please tell me one more thing
      •Do attempt(in qualifying) matters in getting a good job?

  • @abdulhaadi2453
    @abdulhaadi2453 Před 2 lety +1

    Kindly make a similar video on Earning in Audit Firm

  • @NasirKhan-un6hc
    @NasirKhan-un6hc Před 2 lety +1

    I am currently doing Acca fundamentals can i get a job in uk on these bases

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      Your main problem will be the visa if you have right to work in the U.K. then you should be able to find experience

    • @NasirKhan-un6hc
      @NasirKhan-un6hc Před 2 lety +1

      @@FehzanMehdi tell me the way that how can i get a visa of uk

    • @NasirKhan-un6hc
      @NasirKhan-un6hc Před 2 lety +1

      @@FehzanMehdi work visa?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      You’d have to get legal advice for that I won’t be able to advise you

  • @saahirnizam1863
    @saahirnizam1863 Před rokem +1

    Is getting sharia compliant job hard

    • @FehzanMehdi
      @FehzanMehdi  Před rokem

      Not as easy as yes or no depends on what sharia requirements are and where you’re looking

  • @maandeeqmuhudin9282
    @maandeeqmuhudin9282 Před 3 lety +2

    Asalamu alaykum brother I am 16 years old and do not have any gcse qualification, and I want to become a accountant but I don't know where to start. I will be happy if you can give me some information where to start.
    Jizaka allahu khayr brother

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety

      Wa alaykum as Salam there is a video on my channel called become an accountant with no qualifications please have a look at that

  • @thegradient2086
    @thegradient2086 Před rokem +1

    Hello brother..I am from Nepal and I want to get a membership of ICAEW after graduating CA from Nepal..How much can I earn there ,? And what about visa?

    • @FehzanMehdi
      @FehzanMehdi  Před rokem

      If you’re talking about earning in the U.K. I’ve gone through the figures in the video already - the visa situation is where most people will have trouble definitely check that first before committing to trying to pursue a career abroad

    • @thegradient2086
      @thegradient2086 Před rokem +1

      @@FehzanMehdi ​ @Fehzan Mehdi Thank you so much for replying.. After i take membership from Icaew , will it be difficult to get a job in UK for me?..If I get a job easily then I think the company will sponsor me with a work visa..Is it difficult?

    • @FehzanMehdi
      @FehzanMehdi  Před rokem

      You will find it difficult to get a sponsor for an ICAEW training contract - there aren't many around.

    • @thegradient2086
      @thegradient2086 Před rokem

      @@FehzanMehdi Then what should I do..Please give me suggestions..I want to get a membership of ICAEW and work in UK with a good salary.

  • @hasnat8991
    @hasnat8991 Před 2 lety +1

    Sir i Have a BBA degree in accounting
    Unfortunately i didn’t have relavent experience now i want to be a accountant how can i be a accountant in london?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      You can apply for a graduate programme if you meet the entry requirements don’t need to have significant experience

    • @hasnat8991
      @hasnat8991 Před 2 lety

      @@FehzanMehdi is there any issue regarding working in different field as a worked last 4 years in marketing field

  • @majidareef3555
    @majidareef3555 Před 3 lety +3

    Can a Professional accountant become an Islamic Banker?

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety

      Thanks that sounds very niche in the U.K. I’m not too sure what the requirements of an Islamic banker would be. You’d probably need to have a sharia compliant qualification. So I’d have to say just with the ACA probably not and would need to do further study.

  • @majidareef3555
    @majidareef3555 Před 3 lety +3

    Can A Professional accountant become CEO?

    • @FehzanMehdi
      @FehzanMehdi  Před 3 lety

      Simple answer is Yes!
      Please check out below link:
      www.icaew.com/insights/features/archive/fifth-of-ftse-100-ceos-are-accountants

    • @majidareef3555
      @majidareef3555 Před 3 lety +2

      @@FehzanMehdi great

  • @anuragjain464
    @anuragjain464 Před 2 lety +1

    Sir which professional degree to choose ACA or ACCA

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +1

      Both qualifications are fine remember they’re not degrees, but I’d say ACA is more popular with a lot of firm in the U.K.

    • @anuragjain464
      @anuragjain464 Před 2 lety +1

      @@FehzanMehdi which one do you recommend for someone who is not from uk and sir in uk ACA and ACCA paid equally or ACA get paid more for the same type of role?

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety +2

      The pay shouldn’t be too different as both qualifications make you a chartered accountant the only thing I say is if you want to work abroad ACCA is recognised more internationally

    • @anuragjain464
      @anuragjain464 Před 2 lety +1

      @@FehzanMehdi thank you sir .

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      No worries 👍

  • @anmolabbasi4214
    @anmolabbasi4214 Před rokem +1

    Say Mashallah sir very very aggressive your all videos keep it up

  • @RanaUKwala
    @RanaUKwala Před 2 lety +1

    Please please please speak little slowly please

  • @user-bi8wr1ru9h
    @user-bi8wr1ru9h Před 2 lety +1

    For a person with ACCA and b.com How much salary will get in uk per annum

    • @FehzanMehdi
      @FehzanMehdi  Před 2 lety

      You'd be qualified so like I mentioned in the video around the £50K mark.