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As of May 2024 the average starting salary for Accounting graduates is £27867. The average graduate starting salary in the UK in 2024 is £28936.
The latest graduate salary analysis 2024
During the past 12 months (2024), the most number of graduate jobs in the Accounting sector were posted during September and November, so these may be the most strategic months to apply.
Based on our data, graduate-jobs.com would suggest that it's "relatively difficult" to get a graduate job in the Accounting sector compared to some other industry sectors - May 2024.
In the past 12 months (2024) the most Accounting jobs posted to graduate-jobs.com were located in Birmingham and Leeds
The Accounting sector appears in our Top 10 most popular sectors list for UK graduates. We consider it a popular career choice for graduates in the UK .
Which are the most popular industry sectors for graduates today?
Accountancy is a varied field which accepts graduates from a range of degree disciplines. Career paths in this profession include Tax, Audit and Assurance, and Bookkeeping. There are two different fields in Accountancy: Management Accountancy, and Chartered Accountancy. While similar, the two require slightly different skills, and candidates should be aware of which field they'd like to go into if they are aiming to be accredited by CIMA, CIPFA, ACCA or ICAEW.
As a traditional vocation, there is a traditional route into the Accountancy profession - but graduates aren't limited to following that path. While it's true that a degree in Accountancy will give a candidate a good chance of landing a desirable job, it is not a prerequisite. Many of the larger firms offer graduates with other degrees the opportunity to earn a spot with a Training Contract.
The four largest Accountancy firms, Ernst and Young, PwC, Deloitte, and KPMG, take on thousands of graduates with Accountancy Training Contracts. Their scope of graduates is wide, and they offer many options. But competition for these esteemed schemes can be fierce, so candidates should be prepared.
Being aware of the requirements of the profession and knowing how to demonstrate those capabilities during the application process will help graduates land that first job in Accountancy.
Candidates should display the following: