Accountancy career change?


R

Rick

Hi everyone!

What are the realistic prospects for someone (ie me) getting a training
contract (ACA or ACCA, but others OK too) at the age of 40. I've been living
abroad for a while, but have now come back to the UK and am considering a
career change to accountancy. Is it too late, and do I have too many young
people to compete with?

I'm about to start a distance learning ACCA course, which I will do for the
interest even if there is no chance of landing a job. But would my chances
be enhanced if I started applying for training contracts after passing some
exams, or doesn't it make much difference?

Thanks for any replies.
 
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J

Jo

Rick said:
Hi everyone!

What are the realistic prospects for someone (ie me) getting a training
contract (ACA or ACCA, but others OK too) at the age of 40. I've been living
abroad for a while, but have now come back to the UK and am considering a
career change to accountancy. Is it too late, and do I have too many young
people to compete with?

I'm about to start a distance learning ACCA course, which I will do for the
interest even if there is no chance of landing a job. But would my chances
be enhanced if I started applying for training contracts after passing some
exams, or doesn't it make much difference?

Thanks for any replies.
I have been thinking about doing the same thing, as I dislike my current
job.
The investigation I have done shows that salaries are generally lower
then what I do at the moment (Quantity Surveyor) and also usually lower
than my partner's field (IT) although IT has taken a terrible beating off
late.

Usually salaries just "fall out of" supply and demand, which suggests
that there is over-supply, to some degree or another.

I am sure that someone can give you a more definitive answer. These
are just my observations.

If you fancy a job which is seriously under-supplied and can also train
by distance learning (College of Estate Management), you could do
far worse than Quantity Surveying. BUT, look forward to LONG
hours and all the responsibility you can eat.

Quantity Surveyors are pretty close to the role of being a specialist
management accountant for building projects, in many ways. So
the work tasks have some (distant) similarities i.e. to the extent of
if you like working with figures, it could be just fine.

Good luck, whatever you do though.
 
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R

Rick

Jo said:
I have been thinking about doing the same thing, as I dislike my current
job.
The investigation I have done shows that salaries are generally lower
then what I do at the moment (Quantity Surveyor) and also usually lower
than my partner's field (IT) although IT has taken a terrible beating off
late.

Usually salaries just "fall out of" supply and demand, which suggests
that there is over-supply, to some degree or another.

I am sure that someone can give you a more definitive answer. These
are just my observations.

If you fancy a job which is seriously under-supplied and can also train
by distance learning (College of Estate Management), you could do
far worse than Quantity Surveying. BUT, look forward to LONG
hours and all the responsibility you can eat.

Quantity Surveyors are pretty close to the role of being a specialist
management accountant for building projects, in many ways. So
the work tasks have some (distant) similarities i.e. to the extent of
if you like working with figures, it could be just fine.

Good luck, whatever you do though.
Ok, thanks a lot for the reply, Jo, you've certainly given me plenty of food
for thought there! I'll look into your suggestion, as it isn't something I
know anything about.

Cheers!
 

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