NEW Barden Part Qualified Guide Blog Series
Are you a part qualified accountant and planning your professional future? If so, then this is the perfect blog series for you. Over the next few weeks we’ll share some excellent insights from the Barden Part Qualified Career Guide, which will help you plan and navigate your professional career.
Why we created this guide for you…
You’re going to spend over 90,000 hours in work. By the time you complete your professional exams, you’ll have about 7,500 of those hours banked. The decisions you make over the next few years will fundamentally impact the next 82,500 hours… that’s a lot of hours!
Barden created this guide to help you decide how best to spend these hours. It’s a product of our years of experience working with accountants.
We’ve learned from them and now, we want to share the wisdom of their experience with you.
This guide is objective. It contains the information you need to know before looking for a new role – internally or externally. To help you navigate this guide, we’ve divided the content and will share it with you over the coming weeks.
Three Ways to Look at the Jobs Market
To start we’ll explore three ways to look at the jobs market. First up, to help you do that, we’ll take a look at the Three Pillars…
The Three Pillars
‘The Three Pillars Model’ is a must for anyone, and in particular part qualified accountants, thinking about a new role.
In Barden we live and breathe by the fact that before you start thinking about what role you want, you first need to take a step back and look at the wider context of the market. That’s where the Three Pillars Model (above) comes in.
It’s pretty simple, but the overall market can be broken down into practice (accounting firms) and non-practice (everything else). Non-practice can be broken down into the two pillars of financial services (companies with a financial product or service) and industry (everything else). Simple, right?
Here are a few rules of thumb:
- It’s easier to move within a pillar than between pillars;
- The more experience you have the harder it is to move between pillars;
- The earlier in your career, the easier it is to move between pillars; and
- When moving from the practice pillar, it’s easier to move within the pillar that best reflects your clients in practice – the ‘like with like’ principle.
Like with Like
‘Like with like’ is a fundamental truth you should put front and centre from here-on-in. It underpins everything in this guide. You’ll be most likely to make a move to a company or role that shares something in common with your most recent company or role. Meet Bridget…
Take the example of Bridget Barden, a part qualified ACCA working as an assistant financial accountant in a large manufacturing site. Bridget will be more likely to move to an assistant financial accountant or financial accountant role in another manufacturing site (the same pillar). Bridget will be less likely to move to a financial analyst role in a bank (a different pillar). However, for Bridget, and for you, nothing is impossible. Some things are just more likely than others.
Need help achieving your ambitions?
Are you a part qualified accounting professional looking for help in achieving your ambitions? If so get in touch with our expert team today at email@example.com. They’re ready with lots of CV, LinkedIn, interview and career advice, along with cutting edge market insights to help you achieve your ambitions.
At Barden we invest our resources to bring you the very best insights on all things to do with your professional future. Got a topic you would like us to research? Got an insight you would like us to share with our audience? Drop us a note to firstname.lastname@example.org and we will take it from there!