MyCIMA

irrelevant career dificulties

Replies : 6

 

Hi

I have just signed as a CIMA student and waiting now for exemptions in Certificate level. As specific practical experience is required, I have already started looking for job in Finance about 6 months ago, however no-one replied to me. I think this is because I’m working currently as a print room supervisor what is completely irrelevant to my educational background (which is Master of Economics).

I’m trying now to find out the best way of starting career in this area. Maybe it’s better to complete ie. Certificate and Operational level and then start looking for something – this way I can present updated and recently gained knowledge. Maybe it will be start now as a volunteer – however it’s difficult to match it with my current job.

Anyone had similar starting point as me?  Please let me know how it was in your case at the beginning and what ideas you recommend.

Thanks

Dariusz

 

Snakes and ladders

Not wishing to discourage you, but a couple of suggestions:

There are several discussions on CIMASphere about exemptions, all making the point that you need a sound grasp of the topic to progress through the syllabus. I don't mean to sound disrespectful of your achievements, but a Master's in Economics doesn't sound as if it's going to help you much when it comes to the practical knowledge you need to pass and work at Certificate level. You may be better off using your advanced learning more indirectly, applying those post-grad studying and analytical skills to learn each CIMA level quickly and in-depth rather than taking exemptions.

As far as work goes, it's never easy changing from part-way up one ladder to the bottom of a different one; our society doesn't seem to value polymath transferable skills very highly, and more and more employers are only interested in CVs showing linear incremental progress. Have you considered getting as much involved in management accounting for your print-room as you can, so at least you'll have something directly relevant to put on job applications and discuss at interview? And talk to your company's accounts people to see if they can help?

Otherwise, unfortunately, it's a case of 99% perspiration until you get to where you want to be.

Some advice

I had a degree in  Biology.  I got a credit control temp job, then got a credit control/purchase ledger/payroll admin permanent job in a small company.

I self funded my CIMA exams (I did graduate conversion course then, I am not sure what  is available now, it exempted me from one exam I think).

Small companies maybe a good place to start.

I was lucky I had done some office work one summer, one of which was doing some stock control admin.  So when I went to accountancy specialist recruitment consultancy (accountancy additions - good low level  recruitment if they still exist.) they could match the skills I already had to various accounting roles.

The job market was good when I graduated, (1998), not so good now.

 

Fiona

 

pp

accountancy additions is now page personnel i think!

.

Fiona's example if a good one. The job market for credit controllers is very fluid with less requirements of experience than your typical accounts assistant roles.

I would be confident there would be at least a temp role out these for a confident and tenacious person in credit control, which can act as a gateway into the career and a foundation from which you can carve an incremental linear career that Adrian has alluded to.

Reply

Sounds like you need work experience more than anything else.

 

I think you should not underestinate the benefit of a properly produced CV. I know lots of people, one for example was a straight A student with a PHD in Engineering, who didn't have a clue about how to write a targetted CV. after one month he did not even get a response. He paid for a professional CV to be produced and got a job in a Hedge Fund with a reply the same week.

 

I'm not saying you have to pay for a decent CV, but you have to know how to produce one properly.

 there's always that Catch 22 situation, you want a starting job, they want experience-you can't get experience without starting job.

 

Forget about doing the lower levels of CIMA if you can. Try and get that first step in the door. Transfer your skills from your degree and working skills, sign up with CIMa and show the prospective employer that you are serious and comitted to a career in finance, phone people up, join agencies and you will get your chance. Get the basic experience, pass your exams and you'll be quickly in a position to jump the ladder when you finish.

 

Good luck.

 

Just my thoughts on the matter.

 

Cheers

building up your profile

These days employers do web research on potential candidates. Try to build your professional web presence, i.e. create professional profile on LinkedIn, create network of contacts (you will be surprised how many people you know that are already on LinkedIn etc.), contribute to forums like this one or bape.org.uk .

Emphasise in your CV that you have started CIMA qualification, that shows ambition and commitment. Prepare well for exams - first time passes attract attention and are worth mentioning. Mention exemptions as well - they suggest that your academic degree is recognisable by international bodies (like CIMA) as often overseas degrees are not well known in UK and Ireland.

Make sure you highlight transferable skills and important features of character (i.e. eye for detail, working to deadlines, showing initiative etc)

 

Good luck!

 

Monika