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Training as a graduate

The most established route to qualifying as an ICAEW Chartered Accountant in the UK is to study the ACA qualification after completing an undergraduate degree. You don’t have to study accountancy, business or finance at university to start the ACA, because companies offering ACA training agreements are interested in graduates from a range of backgrounds.

Start your training

Benefits

  1. High starting salaries

    Graduates enjoy high starting salaries.

  2. 3 years to complete

    Your training agreement will often only take three years to complete as a graduate.

  3. Study any degree

    You can study any undergraduate degree to become a chartered accountant.

At a glance

  • Key

    Entry requirements

    Undergraduate degree: First or 2:1 (some employers will consider applications with a 2:2)

  • Calendar

    Duration

    Three year to five years

  • Prices vary

    Cost

    Employers will cover the cost of training


Study options

  • Notebook

    Block study leave from your employer

  • Clock

    Part-time

What degrees do ACA students hold?

The ACA qualification is open to graduates from any degree discipline. While around half of graduates undertaking the ACA qualification studied business,

finance or accounting for their undergraduate degree, the rest come from a huge variety of backgrounds, with close to 17% studying an arts subject.

"Description

78

of FTSE 100 companies have an ICAEW Chartered Accountant on their board

(Source: ICAEW member data and  FTSE 350 data at December 2016)

Studying the ACA after university

The ACA qualification takes three to five years to complete, studying part-time around your work commitments, and it is made up of four elements: 

Graduates are able to start their ACA training as soon as they have completed their degree.

Read more about employer-affiliated degrees

To do so you can register with ICAEW and start studying the ACA exam modules as an independent student, however, it is recommended that you first secure a training agreement with an ICAEW authorised training employer.

Securing a training agreement early means you will benefit from working with an employer who is committed to supporting your progress and you will also be paid a competitive salary. 

We recommend applying for training agreement placements at the start of your final year of university. 

Entry requirements

  • Degree: First or 2:1 (some employers will consider a 2:2).
  • 280+ UCAS points (or international equivalents) covering two A2 and AS levels (General Studies not usually accepted). 
  • International Baccalaureate or equivalent school-leaving qualifications are also accepted.
  • GCSEs: Three A*-C grades including Maths and English. 
Zoe Wong, head of finance at Depop

Zoe Wong Head of Finance, Depop

Location: London, UK

Getting ahead at university

Credit for prior learning

You don’t have to wait until you graduate to take the first steps to qualifying as an ICAEW Chartered Accountant.

There are many undergraduate degree programmes which cover elements of the ACA syllabus enabling you to claim credits for prior learning.

This means you will have to complete fewer ACA exams after graduating to qualify as a chartered accountant. 

Claim credits for prior learning

ICAEW Student Scheme

Another way to get a head start in your accountancy career is to enrol on the ICAEW Student Scheme (USS). The programme is open to anyone studying an under or post graduate degree and enables you to start consolidating your finance and business skills while you are finishing your degree.

As well as providing careers advice and Excel training resources, joining the USS scheme enables you to study ICAEW’s Certificate in Finance, Accounting and Business (ICAEW CFAB).

ICAEW CFAB is a qualification made up of the first six exam modules of the ACA qualification. Completing ICAEW CFAB while at university will not only provide you with valuable business skills, but will demonstrate your commitment to a career in accountancy to prospective employers.

Learn more about USS

Training internationally

If you want to train for the ACA in another country, you must ensure you are entitled to work in that country. It is your responsibility to understand what work visa you need and how to secure one. ICAEW cannot support you in this process, but your potential employer might be able to offer advice.

The experiences of graduates who didn't study finance

Read more testimonials

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