Support for university advisers
Qualifying as a chartered accountant opens up a world of opportunities and many career pathways for graduates. ICAEW works with university staff to provide students with the best advice and information on how to secure a rewarding job in the finance sector.
This means that ICAEW Chartered Accountants are highly sought after and command higher salaries than those with other accountancy qualifications.
Graduate routes to the ACA
There are a number of different ways in which university students can complete the ACA qualification and become ICAEW Chartered Accountants, both during their studies and after they've completed their degree.
There is no requirement to have studied a finance-related undergraduate degree as employers are recruiting students from a variety of backgrounds.
In 2015 more than 16% of ACA students has studied an Arts subject at degree level before starting their accountancy training (see below).
The University Student Scheme (USS) offers students the opportunity to develop key employability skills, the option to begin working towards the ACA, as well as access to resources to help them with their studies.
ICAEW’s student recruitment team support events introducing students to a career in accountancy throughout the year at universities all over the world.
Designed to emulate tasks that students may face during assessment centres, these events test their analytical skills and business knowledge. Teams of students are put in the shoes of an ICAEW Chartered Accountant for the day and tasked with identifying the strengths, weaknesses, opportunities and threats posed to a fictional company making business recommendations via a presentation at the end of the session.
These workshops are focused on helping students to create engaging CVs and on interview preparation. Students are shown how to demonstrate to employers they have the skills needed using examples from their day-to-day lives. In particular, the workshops focus on showcasing: communication and teamwork skills; commercial awareness; integrity; and resilience.
ICAEW attends careers fairs on campus to talk to students about what a career in finance looks like. Often we are supported by ICAEW members who share their experiences of a career in chartered accountancy with students.
These events enable your students to meet and mingle with professionals from the accountancy, finance and business world. Alongside hearing the real-world experiences of chartered accountants, these events provide students opportunities to make links with potential employers.
Commercial awareness sessions
Employers are looking for commercially savvy employees and these events give students an opportunity to consider their current awareness and how to develop it. The sessions are designed to boost students’ ability to analyse situations from a business perspective and recognise what makes an organisation successful.
Delivered by a member of ICAEW’s student recruitment team, the content of these presentations is flexible and can cover any of the following: information on ICAEW; descriptions of our qualifications; insights into ACA training; and top tips for securing a training agreement. The presentations run for 30 minutes to an hour, including questions.
If your students are looking for more information on the ACA qualification and a career in accountancy, these events are designed to answer all of their questions. Representatives from ICAEW present alongside other professional membership bodies; offering students the opportunity to hear about a number of potential training options. At the end of the presentations a Q&A session is held, enabling students to find out more information on specific qualifications they are interested in.
The first three months of ACA training
Developed with research findings from our authorised training employers these sessions will help your students transition to the workplace effectively by providing a good understanding of what will expected of them when they start ACA training. These sessions bring to life what it is like to enter into a graduate training programme that requires students to complete a professional qualification.
Practical advice is offered on how to approach workplace scenarios, many of which students might not have faced before such as maintaining a work-life balance while also integrating as part of the organisation. Students will also be made aware of the support networks that are available to them throughout their ACA training.