Wednesday, April 2, 2014

ACCA Graduates Getting a JOB

Students that have completed your ACCA can now take this BAT by Bloomberg Institute to improve your career chances in the future.

Findings jobs in finance or business is hard, even with an ACCA.  It may not always be fair, since some have the "right connections" and others have none.

I have had students with good grades in ACCA complain that they are not getting the chances to get an interview whereas there are others that can get in even with weak scores.

Obviously this boils down to audit firms and their HR managers being able to practice the firms ethical codes - which is not really in their minds when they recruit.

This happens in all the firms.

If a partner recommends a candidate on the basis of friendship or personal connection, it would appear that the partner has a threat - familiarity or self-interest, with the party that has requested the job.

I have heard of a case where the FD of a large client of a Big 4 asked the partner to get his niece a job in his firm and this was done immediately without any major hiccups.

In this case, the partner was acting out of self-interest, giving a job to client's daughter would keep the client happy and there reduce the risk associated with client loss.

It is the HR manager or partner in charge of recruitment that must do something about this - recruitment should be based on meritocratic manner - this maintains the principle of objectivity and also the quality of the graduates.

In this the BAT helps the firms filter out and pick the great from the so-so candidates.  It is a great ethical safeguards for the HR department other than their internal examination system.

Graduates from ACCA should also have this in mind - it is not only your academic knowledge, your technical skills in audit, tax or accounting that matters.  You must also develop a strong communication skill and interpersonal skill.  The way you look will also impact the interviewer as seen in the following clip from BrainGames

Right now that you already KNOW what is the facts about getting the job, here is the link for BAT

BLOOMBERG APTITUDE TEST

Good luck in your test and hope it lands you a better job in finance and accounting.

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