Accountancy and Finance

Why do you want to study this course or subject?

Numbers are a large part of life and are everywhere around us. I work with numbers a lot better than I can work with words. I am a person with an eye for detail and am always looking at things thinking how money could be saved or could have been put to better use. I think by doing an accounting course I will be able to put my skills to use in a commercial field. There is always going to be businesses that need accountants, so accountants are always in high demand and there is a great chance of finding a job compared to other fields. Accountants have a lot of responsibility. They usually have a say in major decisions, which means that they have a lot of control over a company’s everyday operations. I think I strive when I am given responsibility as it makes me work harder knowing how much of an impact my work has, which is why I think accounting is the path that will be the best for me. I could even become a top manager or start my own business using what I learned during my time as an accountant. I want to go to university as it gives me the opportunity to earn a qualification that will allow me to apply for a wide range of jobs compared to having only A Levels. After university, I would like to get a job as an Accountant, looking to work for one of the top accountancy firms such as KPMG or PwC.

How have your qualifications and studies helped you to prepare for this course or subject?

In my GCSEs, I achieved grade A in both Mathematics and Statistics, which shows how I’m good at subjects that revolve around numbers. These qualifications have laid a strong foundation for my understanding of numerical concepts, which are crucial in accounting. My academic background has equipped me with the analytical skills necessary to excel in this field.

What else have you done to prepare outside of education, and why are these experiences useful?

By being a waiter as a part-time job, I have responsibilities such as cashing up the till at the end of the day, ordering new supplies, and coming up with prices of new items. By ordering new supplies, I need to use my numerical skills to figure out if the demand will be busier or less by looking at things such as weather, if there are school holidays, or events near the restaurant. I need to make sure I order enough for the week but not over-order, as this will lose the business money and supplies will go to waste. By coming up with prices, I need to think about how much the item will cost and if there will be a demand for it based on trial tests, then price it accordingly. I think by doing this, I have put my numerical skills into practice in real life. I completed the NCS programme last year; throughout this experience, I was able to use my teamwork and leadership skills, e.g., being the leader when hiking and using the map to guide my team. During NCS, there was also a section where our team had to plan a campaign and pitch it in a Dragons' Den style. I was in the finance part of the team, making a plan of where exactly the money would go with the investment. These experiences have honed my practical skills and prepared me for the challenges of an accounting career.