Exclude University Cost with Accounting Apprenticeship: Debt Free Way to Employment.
Accounting Apprenticeships allow you to work in a financial role while studying for your AAT qualifications. You will learn from experienced colleagues, acquire practical skills, acquire the skills employers want and get paid simultaneously.
Examine if you are eligible to become an apprentice.
Apprenticeships with AAT qualifications are open to virtually everyone. No age limit: you must be over 16 years of age, not in full-time education and have resided in the UK or European Economic Area (EEA) for at least three years.
So, whether you are dropping out of school or have just started work, this might be the best opportunity to pursue an exciting career in finance.
Reasons to do an Apprenticeship
An apprenticeship with an AAT qualification enables you to become a competent finance professional faster – and without debt – on the way to university.
Earn while learning:
Start earning from day one and reap employee benefits like vacation leave.
Gain real-world experience:
With many years of experience during your apprenticeship, you are one step ahead of those who have only studied in the classroom.
Gain internationally recognized accounting skills:
Employers rely on AAT qualifications because they show that you have the practical skills they need.
A Quick Track of Chartered Accountancy: Completing an AAT Professional Diploma in Accounting gives you a generous discount.
Develop skills on the job: You will be qualified with an excellent set of skills and experience that will make you a highly sought employee.
Increase your earning potential:
Government research shows that people who complete an apprenticeship at level 4 or above can earn an average of £ 150,000 more than their peers without training.
Improve your career prospects:
83% of apprentices feel that it has positively improved their career prospects.
Organizations that hire apprentices who meet the requirements with AAT
There are opportunities in almost every industry, from big accounting methods like KPMG to national companies like Network Rail and even the NHS – so there is no limit to your career prospects.
Applying for Apprenticeship
Once you’ve found an apprenticeship role you’re interested in, it’s like applying for a regular job. Steps are outlined below, but you can get our Apprenticeship Guide for more useful tips and advice on getting the best apprenticeship.
Step 1: Write your application.
Once you have found a suitable accounting or finance apprenticeship position, you must complete an application form or send a CV (resume).
Step 2: Test
If the employer likes the format of your application, they may invite you to take some tests to see if you are a good match. These can be psychometric tests aimed at your personality traits or knowledge tests. You may be invited to do this in person on the day of the diagnosis or online at home. Some employers jump straight to step 3.
Step 3: First-round interview
The first round of interviews can be done over the phone or in person. This is an opportunity for the employer to get to know you and your experience and provide more information about what is involved in apprenticeship and how the organization works.
You can find some helpful tips on interviewing in the Job Hunting section of the AAT Commentary.
Step 4: Second-round interview
This is quite common, especially if there is a lot of competition for a character to be called back for a second-round interview. At this point, you may be interviewing more than one person, such as an HR representative and a senior finance or accounting team member.
Step 5: Accept the offer.
Hopefully, you will be awarded a new apprenticeship role if you have been affected during each stage of the application process. Once the job is offered, you need to submit all your paperwork.
Your employer will then discuss the details such as start date, salary information and what role it will involve. You should read your agreement carefully.
Advice on how to impress employers and get a job
How to impress a potential employer, tips are;
- Do thorough research.
- Carefully plan your answers.
- Arrive early, but not too early.
- Always engage in a professional manner
- Dress for the job you want.
- Shake hands
- Eye contact.
- Speak clearly and confidently.
- Be aware of your body language
- Give a simple smile.
Q.1. Are AAT Qualified Professional Accountants?
Receiving a Level 4 Professional Diploma earns you the MAAT title, a globally recognized position for Accountants.
Q.2. Is AAT Qualification a Good Career Option?
With the growing demand for accountants to deal with the post-CoVID-19 crisis, AAT qualifications have gained popularity. As such, it is a reliable career option for you.
Q.3. Are the salaries of AAT eligible persons higher than those of other accountants?
An AAT qualification is a bonus for you and helps you take the ACCA, CIMA, and CA exam. However, this does not necessarily affect pay.