accounintg firms- cadetships (1 Viewer)

[qt_2_nv]

:wave:

 

[turtleface]

Being neither a BAcc, cadet nor co-op, the BAcc looks the best only cause its the fastest out of all of them, and because you are part of a relatively smaller group (its incredibly useful to get good friends and contacts for future career)

This is not to bag the others, they are all good and anyone would be exceptionally lucky to get into any of them

 

[overfloat]

There's also an Accounting coop at UNSW, whilst not as prestigious as the UTS one, is also quite good. They seem to take in quite a lot of people (based on what I see at UNSW).

The UNSW coop pays an extra 2.4 thousand a year doesn't it?

your reply: money isn't everything blah blah blah

my reply: you are studying commerce.... money is everything

your reply: <smart ass comment>

my reply:

Flame war averted!:wave:

 

[>::DeuZ::<]

bahahahah nw overfloat......i shall report back with more questions after icaa nite

 

[ishq]

The UNSW coop pays an extra 2.4 thousand a year doesn't it?

your reply: money isn't everything blah blah blah

my reply: you are studying commerce.... money is everything

your reply: <smart ass comment>

my reply:

Flame war averted!:wave:

yup, yup UNSW pays an extra 2.4 a year. but, its 4 years. so, you get 2.4 * 4 = $9.6 extra.
BAcc is 3 years. so, in your first year out, when UNSW kids will still be studying, you'll start by earning much much more than just 10K.

its commerce. money IS everything


have fun at ICAA deuz

EDIT:
gt 2 nv: ICAA is more a socialising event. you'll basically get to talk to current cadets and students about their interview experiences, current work, tricks to get in - application tricks. also, you might get to say hello to a couple of bigwigs. so, its more a helpful hints session. overall, its your call. good luck :0

 

[seremify007]

You could always bring up the point that in BAcc don't you have to study alot more in the sense you guys start uni earlier than the rest of the unis to complete one subject quickly for example?

*shrugs* I don't really know much about coops- wasn't ever interested in them.

And as for money isn't everything- I was leaning more towards saying something lame like.. NPV and opportunity costs!

 

[overfloat]

 

[Bobness]

i wish they made cadetships for finance

not everyone wants to be an accountant you know

in fact if i ever tried (my mum is one although she's only with NIA) i'd probably bore myself to death staring at the numbers which i'm meant to use for reports

 

[turtleface]

er???

If you don't want to work with numbers why do you want to do a Finance cadetship?

There are Finance related cadetships I think, or cadetships in Corporate Finance or Risk Management depts. of big 4.

 

[volition]

hey does anyone have an idea of what people on accounting cadetships get paid? eg. the ernst and young traineeship program where you can study full time first year, work full time and study part time for years 2 and 3, and study full time 3rd year.

 

[=candii=]

hey does anyone have an idea of what people on accounting cadetships get paid? eg. the ernst and young traineeship program where you can study full time first year, work full time and study part time for years 2 and 3, and study full time 3rd year.

arent they around like $21000 a yr? i think?

 

[phrred]

i thought they were around 14k, but im prob wrong

 

[turtleface]

lol 14K...that'd be around $6 bucks an hour...maybe 4.50 an hour after tax...poor souls...

I dunno about smaller firms but at big 4 firms its around 30K. I think when you take into consideration study leave and textbook allowance and exam allowance its roughly a bit more than bookkeepers award wages. but around 30K, and about a few thousand more in your 2nd and subsequent years.

 

[Meads]

At big 4 firms your looking at close to 30k, at mid-tiers your looking at closer to 20k. Good money for an 18 year old with no qualifications regardless.

 

[seremify007]

Most Big4 cadetships for 2006 positions were $27k with EY offering $29k for Tax (not assurance).

Mid-tiers range from $24-$27 but tends to be all inclusive (eg. super, text book allowance, etc..) whereas for Big4 (at least in my experience with my own and frmo my friends experience) the $27k was the salary (incl. super) and the other things (eg. text book allowance, union fees, gym subsidy, leasing programs, etc..) were on top of that.

 

[turtleface]

Don't you hate it how Accounting salaries include Super? Is this the same for all other professional service/financial service/law jobs?

 

[redruM]

LOL, I actually just realised this now...So many jobs that I have seen have been are $xx xxx + super.

 

[turtleface]

lol dodgy accounting

though in its defence I've just had a look at the papers and all the top jobs for accounting, engineering, management, solicitors etc all say "120K package" or "100K total remuneration" etc. so I guess it depends on the status of the job too.

In contrast, the less paid ones like a telemarketer or a bookkeeper are like 40K + Super. And also lecturers get paid more than we think. Although its about 70K for a std lecturer, its +17% super. Thats about as much as a low ranking level 1 manager lol.

 

[roadcone]

pay wise - i work mid tier.

26k + union fees and text books paid for + 4.5 hours off a week + 10 days of study leave a year.

I know at some of the big 4 you get more study leave instead off the 4.5 hours, in the long run we were mucking around with one of the kpmgers at uni and figured that you are better off with the time off as opposed to the extra study leave

 

[volition]

Does anyone know how hard it is to get in? Is there usually a minimum UAI requirement?