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what is the job situatio inuk for acca qualified students.

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what is the job situatio inuk for acca qualified students.


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ACCA is up there with CIMA and the ICAEW and is well established and respected.
Being qualified is certainly beneficial, but for foriegn students or qualifieds (non-British) who are seeking work, there are difficulties.

1) They are competing against people who have qualified locally
2) Even though the Standard of English of someone from overseas is good, there is the danger of being discriminated against because of "sounding" foriegn.
3) Getting a work VISA is very difficult. There are more stricter controls than ever before. You need to have a skill or speciality that is not available locally.

Potential ways of being able to get into the UK job market

1) If you work for an International company, then try for a transfer to work at the UK offices
2) Apply to do the ICAEW. Because you are applying to be a student, you can come over on a student VISA. You would need to work to be able to qualify with the ICAEW, so permission to work is not an issue. However, please refer to the negative points above.

I hope this helps.

Sohaib
UK

accas has a very bright future in uk

Ace
ACCA is well respected in the UK, but most ACCA qualifieds in the UK also have experience which is also highly valued.

In the UK - the competition would be qualified with minumum of 2/3 years experience and who understand and have worked within the UK Reporting and Fiscal regulations!

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Visit www.accountancystudents.co.uk
ACCA's are in pretty good demand here, almost all firms accept either ACCA or ACA, without any preference.

Shoaib has drawn the exact picture. There is a hard chance to get entrance in a firm (foreign), with no UK experience. It doesn't matter which firm U worked in Pakistan, yeap! the big four trained from Pakistan are in the same position.

Get an experience of one year, under your belt, from a low profile firm, and then try ur luck.

If you don't scratch, you don't win.

agreed with mani, label and liaqat ali, i add more starting salry would be £40 to £45 thousand (if you have some exp).

hi

some very informative comments from our members.

please note that Work Permit via ICAEW (called TWES work permit) is not the full (Business and Commercial) work permit, please make sure you know the pros and cons of that visa before applying for it.

SAJJAD_DAR please get me that starting salary )

Regards

azeem

"You don't get to choose how you're going to die. Or when. You can only decide how you're going to live. Now."
I was on a TWES work permit (WP) and its a bloody hell to go through every time you sent for renewal. Business and Commercial WP is heavens place and recently some of my friends managed to obtain Business work permits for training.

45K in public practice - I think its towards the higher end of the market. Even with Three years experience, hardly anybody would spend 45K, I think 30-35K is more reasonable. However, in other sectors eg. investment banking and private sector 45K is a piece of cake for a qualified with around three years experience.

Another interesting thing, I was talking to one of my friends who is joining PWC, she told me that she worked for a full day 9-5 in PWC as part of the interview procedure. Does it happen elsewhere or as well?


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SAJJAD_DAR please get me that starting salary )

Regards

azeem
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let me open my own firm then i would offer you 50K<img src=icon_smile_big.gif border=0 align=middle>

Put me down for that starting salary also!

Salary guides -) Vary by location/ industry/ field/ experience and qualification

www.hays.com
www.reed.co.uk



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See Ya
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Visit www.accountancystudents.co.uk
u have given a useful link yaar


Ace
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she worked for a full day 9-5 in PWC as part of the interview procedure.

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Goodman, when you said she worked for a full day did you mean she was there and was involved in different assessments as part of recruitment? If this is what you meant then I think this is somewhat norm for big players. I remember myself going through the same rigorous recruitment process for my internship in i-banking earlier this year. First, the application process took ages, then the preparation for interview and assessment centres, and finally was gruelled by senior bankers by asking me very technical or trick questions. Anyways, just to let you know, I did get the job at the end and did enjoy it too.<img src=icon_smile.gif border=0 align=middle> <img src=icon_smile.gif border=0 align=middle>

DT


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SAJJAD_DAR please get me that starting salary )
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Put me down for that starting salary also!
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You can get about 45K in public practice and I visited the REED website I used to be work in that agency. May be you don’t know how these agencies work. Assume you work through the agency and they give you £15 P/H BUT actually they are charging £25 P/H from the company. Therefore you can’t expect to get good salary from agencies; agencies try to give you as low as possible. One more thing I have been offered a job in Sun Oil company 25K P/A and I am AAT qualified (got membership as well) and you might know ACCA is much much higher than the AAT. If an AAT qualified can get 25K then why an ACCA cant get 45K.


Of course its depend on experience, if you are newly qualified then you cant expect the higher salary but after having the membership with ACCA your salary graph will go higher.

Sajjad Dar



Edited by - sajjad_dar2000 on Dec 04 2004 111122 PM
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agreed with mani, label and liaqat ali, i add more starting salry would be £40 to £45 thousand (if you have some exp).


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My apologise not starting salary actually, after some experience.

Hi DT

more or less what you said. I know private sector does it but public practices was a new thing to me.

Sajjad
£25 per hour @35 hours per wk comes to 45K, but adjust it for the 3 Wks annual holidays + 2 Wks Bank holidays + app. 8 wks study leave + say 1 wk for sick leave etc per year.
How many weeks we talking about now? say about 14 weeks, now adjust 45K with 14 weeks and you will get down to around 33K.



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