5 Reasons to Become a Chartered Accountant

As part of our continued focus on different career choices, today we are going to take a look at some of the reasons why may love the idea of a career as a chartered accountant. It seems many of you enjoyed our profile of lawyer Mike Morse last week, and the discussion around the benefits of that career. This week we are pivoting slightly away from the legal world, and looking into the financial sector, and reasons to become a chartered accountant, let’s take a look. 

Earning Potential 

One of the great benefit of this kind of career is that there is almost no ceiling with regards to what your earning potentail could be as a chartered accountant. Globally speaking, the average salary for those working in their first two years after qualifying is $75,000. As you become more experienced you will be able to command a larger salary, which can be as high as $500,000 per year, depending on who you work for. 

Worldwide Options

Unlike becoming a lawyer, chartered accountants can comfortably transfer their skills anywhere in the world. There may be some details which you will have to pick up around local requirements, but generally speaking accountants will do the same work all over the world, meeting global regulations. 

No Degree Required

A degree may certainly bolster your chances of getting the very top jobs, but to begin a chartered accounting course you do not actually require a degree. This is a great option for those who didn’t go to college, and who are looking at tackling a new challenge. If you do have a degree in any area of business or finance, this won’t help you in terms of getting onto a course, but it will certainly aid you in the future as you look to take on bigger positions. 

Range of Industries

No matter where you passions lie beyond finance, you are likely to find a job that you are going to love. This is because of the fact that chartered accountants are required in almost all industries and sectors throughout the business world. This gives fully trained chartered accounts the chance to follow their passions and find a job which they will really love. 

Work Whilst Training 

Because of the way that the training and the exams work on chartered accountant courses, you will be actively working as you complete your education. There is a wealth of positions which you can take up, that will start you off on an entry level salary and offer you the support which you need as you train to become fully qualified. This means that you are being inspired, being paid and being taught all at once, whilst gaining vital hands-on experience. 

This is a professionally and financially rewarding career choice which offers a huge range of benefits and a career for life. Is this kind of career choice which you can see yourself making?