Path your future in...
Business, Finance & Law
- You will find there are attractive starting salaries, possible private healthcare benefits and excellent opportunities for progression in the financial, business and law sectors. However it is quite common to work long hours in a fast-paced office environment.
- Major banks and well-known accountancy firms such as Deloitte LLP, Ernst & Young, KPMG, PwC are amongst the largest recruiters of graduates in the UK.
- The leading law firms in the UK, or the ‘Magic Circle’ as they are more commonly known, include; Allen & Overy, Clifford Chance, Freshfields Bruckhaus Deringer, Linklaters and Slaughter and May.
|Accounts Clerk||£15,000 – £22,000|
|Chartered Certified Accountant (trainee to senior level)||£15,000 – £100,000|
|Event Organiser||£18,000 – £70,000|
|Financial Manager||£22,000 – £95,000|
|Chartered Management Accountant||£28,900 – £120,000|
|Market Researcher||£18,000 – £25,000|
|Marketing Executive||£25,500 – £37,300|
|Management Consultant (with a number of years experience)||£25,000 – £50,000|
|Tax Advisor||£20,000 – £140,000|
|Barrister (after 5 years)||£25,000 – £300,000|
|Experienced Assistant/Associate Solicitor||£28,700 – £68,000|
|Public Relations Officer||£22,000 – £28,000|
Annual figures have been rounded to the nearest hundred and weekly figures to the nearest full pound. Source: www.prospects.ac.uk
- The financial sector is leading in the recovery from the recession, with 2 million people currently employed.
- It takes 6 years for law graduates to become a solicitor, including a full time undergraduate course, a legal practice course and Practice-based training.
- There is a strong emphasis on work experience within the sector. Employers expect prospective employees to have previous experience within the industry, with many firms offering summer placements, internships or a year in industry for undergraduate students.
- There continue to be many jobs requiring clerical and administrative skills across a range of sectors including the civil service, the NHS and lerge private sector corporations.
- Self-employment is common in some parts of financial services. Accountancy and financial advice are two areas where self-employment is especially widespread.
Ben Richardson is a Management Consultant at Accenture in London. He left Blackpool Sixth in 2010 to study Economics at Queen Mary, University of London.
Nick Li is a Financial Analyst at AIG in London. He left Blackpool Sixth to study Mathematical Physics at Imperial College in 2009.
Adam Daniel is a Secured Treasury Services Analyst at UBS Investment Bank in London. He left Blackpool Sixth in 2008 to study Accounting and Finance at the Manchester Metropolitan University. Following his First Class Honours degree he studied International Business Practice at St Mary’s College in New York.
- Careers post degree level www.prospects.ac.uk
- Chartered Institute of Public Relations www.cipr.co.uk
- ACCA (Association of Chartered Certified Accountants) www.accaglobal.com
- Chartered Institute of Management Accountants (CIMA) www.cimaglobal.com
- Institute of Chartered Accountants in England and Wales (ICAEW) www.icaew.com
- Chambers Student Guide www.chambersstudent.co.uk
- The Bar Council www.barcouncil.org.uk
- The Chartered Institute of Legal Executives www.cilex.org.uk
- The Law Society of England and Wales www.lawsociety.org.uk
Accountancy is a vital business function for all businesses and public organisations. Job areas include: accounts clerk, credit controller, chartered accountant, chartered management accountant, and auditor. A strong combination of subjects for this pathway would be A Level Business Studies, Economics and Maths.
- Business and Financial Services
This is a broad pathway that will interest those who see their future in business and financial management. Jobs include: financial manager, event organiser, marketing, management consultant, public relations officer. You will study A Level Business Studies and Economics with two courses of your choice. BTEC ICT (Single), Certificate in Financial Studies and A Level Maths are recommended options. Alternatively (as a BTEC-based pathway): You will study BTEC in Business (Double or Triple), Certificate in Financial Studies and possibly one further course. You will have the opportunity to apply for our Career Ready academy - a package of support and paid internship.
Economists understand the workings of the financial systems on which modern life depends. They work in areas such as Investment and Private Banking, Mergers and Acquisitions, and in government at local and national level. You will study A Level Economics and Mathematics with another A level - humanities courses such as geography or history are also good choices. At interview guidance will be offered on appropriately challenging subjects to help progression to a competitive university or course.
Legal matters are central to most aspects of life and legal professionals are involved with interpreting and applying the Law. Job roles include: barrister, company secretary, legal executive, and solicitor. A good combination of subjects for this pathway would be: A Level Law and two other A Level courses from the departments of English and Modern Foreign Languages, Humanities, Science, Social Sciences or Economics.