Accounting and finance degrees offer a broad range of career opportunities.
Accounts professionals may work in financial management, auditing, tax, forensic and compliance roles, amongst others and be employed in private (also known as public) practice accounting firms, ‘in house’ within organisation finance departments, retail and investment banks. Chartered accountants may choose professional training through ICAEW, ACCA, CIMA or CIPFA from a wide range of degree disciplines. The largest employers of accounting professionals are the public administration, education and health sectors and ‘The Big Five’ that consist of Accenture, PWC, Deloitte, EY and KPMG, with PWC the market leader. The majority of employers are small and medium-sized firms.
Financial services firms may include retail and investment banks, broking, consultancy and risk management firms, insurance and underwriting providers, actuarial services and pensions providers and investors, responsible for providing clients with financial products and services and forecasting and investment of funds.
The accounting sector employs over 800,000 accountants and accounts related employees in the UK, responsible for the 'collection, analysis and reporting of financial information' which is core to commercial success and the economy, contributing £59 million to Gross Domestic Product (GDP).
It’s worth remembering that many different types of business are open to you as a future workplace. For example, you could choose to work for a large accountancy or finance firm as well as having the option to work in an accountancy- or finance-related role in a small- or medium-size business, that may function in a completely different sector. Other job options that relate directly to these degrees include:
- Chartered accountant
- Forensic accountant
- External auditor
- Risk manager
- Stockbroker
Related job options to these degrees include:
- Actuary
- Business development manager
- Civil service fast streamer
- Data analyst
- Economist
- Management consultant.
You could also apply the broader skills developed during your degree to many other opportunities: it is estimated that although graduate employers often specify a minimum degree classification as part of their shortlisting, approximately 70% of graduate employers do not specify that you must have studied a particular subject to work for them. However, graduate employers do highly prize skills such as logical thinking, analytical skills, problem-solving and commercial awareness which are some of the key skills you can develop during your course. Therefore, you could use your degree to access work in almost any sector or industry.
*Data is from the Graduate Outcomes Surveys covering the three years of 2019/20 – 2021/22. Graduates were surveyed 15 months after graduating. Data displayed is for UK-domiciled, first degree, full-time graduates who are working, studying or looking for work.