Accountancy is the perfect career path for those with mathematical talents and who have a keen interest in finance. Yet, after graduating from university with the relevant degree, you may be confused as to which career is best suited to you. You may be surprised to know that an accounting degree can lead you in many professional directions, which means there are plenty of scopes to try various niches based on your interests and career goals.
In this guide, we’re going to take a look at some of the key career paths that are open to you by acquiring an accountancy degree.
· Chartered Accountant
Becoming a chartered accountant is perhaps one of the most popular career options for those with an accountancy degree. Their role is to provide financial advice, manage financial records for individuals and businesses and deal with specific factors for both small- and large-scale corporations including taxes and company recovery. A B.S. in Accounting is a great all-rounder qualification to equip you with the relevant skills and theories to help you succeed in this particular career path.
A licensed stockbroker (or an investment advisor) is an agent that focuses on the buying and selling of stocks within the stock market (for private and commercial clients) as well as providing advice on how best to invest their money. Typically, they work on behalf of a brokerage company firm and are paid on a commission basis, alongside a respectable base salary. As a stockbroker, you will gain access to some of the world’s largest stock exchanges including the New York Stock Exchange (NYSE). In recent years, the stock market has become widely accessible for all individuals thanks to the rise of the internet and apps in recent years, which has provided inexpensive and instant access to such platforms. While it was once never a requirement to have an accounting qualification to become a stockbroker, it is now common for professional stockbrokers to acquire a relevant degree. This career path would be ideal for individuals who can handle the unpredictability of the role and have the ability to work under pressure.
Internal auditors are responsible for overseeing the financial information of a business. They are permitted to investigate the company’s performance by constantly reviewing financial records, offering strategic advice to boost operational productivity, and protecting the company against any potential lawsuits they may face. As this particular role requires in-person meetings on a regular basis, it would best suit an individual with great social and communication skills.
· Data analyst
If you’re someone who has a keen interest in statistics and analytics, a career as a data analyst may be up your street. It is the ideal career path for individuals who have the desire to influence the company’s internal processes, monitor the execution of key strategies, and stay in keeping with the latest industry trends. While this career may not be directly related to accountancy, it still requires the same skills including mathematics and analytics.