A third of accounting graduates have regrets about their degree

As student graduations take place around the country, over a third of accounting graduates report they have regrets about their degree, with more than half saying their current job is not even related to their chosen subject, according to research by online jobs specialist CV-Library

Its survey of over 1,100 UK workers found 38.5% of those with an accounting degree regretted their choice, while 53.8% reported their degree was unrelated to the work they now do.

The findings suggest that the majority (95.2%) of accounting graduates think that experience is more important than a degree for landing a job.

Asked to explain why, 55% said it provided an insight into the professional workplace; 17.5% believe it equips people with useful skills; 15% maintained it compensate for a lack of qualifications; and 12% said it helped candidates stand out from the competition. 

The research also asked accounting professionals who did not go to university if they would consider studying for a degree. Almost half (44.8%) of workers said they would like to gain one, suggesting that university is still a desirable option.

Lee Biggins, founder and managing director of CV-Library, said: ‘Degrees are clearly still popular but the decision to study one shouldn’t be taken lightly. A degree can provide new learning opportunities, be a gateway into career progression or even give someone the opportunity to change careers. However, not everyone is suited to academia.

‘Either way, try to ensure that you have education and experience under your belt to increase your employability.

‘Whether this is work experience during the university holidays, or a part-time job during your studies, it can all boost your chances of landing a job.’

Report by Pat Sweet

Pat Sweet |Reporter, Accountancy Daily [2010-2021]

Pat Sweet was the former online reporter at Accountancy Daily and contributor to the monthly Accountancy magazine, pub...

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