THE latest students from the UK’s first degree to include work as a chartered accountant have landed themselves high-flying careers.
It is graduation time at the BA (Honours) Business Accounting and Finance (known as the Flying Start Degree programme), offered jointly by Newcastle University, PricewaterhouseCoopers LLP and the Institute of Chartered Accountants in England and Wales (ICAEW).
This year saw the second cohort of students graduate, and almost all of the graduates now have careers with PricewaterhouseCoopers LLP, either in the Newcastle office or in other offices around the UK. The students can expect to qualify as chartered accountants in the next 12 months.
The degree is the first of its kind in the UK and combines academic study with paid professional work experience and an accelerated route to qualifying as a chartered accountant.
Dr Raymond Madden, the ICAEW’s executive director of learning and professional development, said: “Flying Start is an innovative degree programme that links academic theory with real business.
“Today’s graduates now have an excellent foundation to build a career in professional services and graduates can take an accelerated route to qualify as a chartered accountant (ACA).
“The ACA is one of the most prestigious and technically-demanding professional accountancy qualifications internationally. Students will join around 130,000 members in over 140 countries.
“Two-thirds (67%) of FTSE 100 qualified accountants acting as finance director or chief executive officer have the ACA qualification – more than four times the number holding any other single qualification – making this the qualification for business leaders.”
Rob Jones, director of studies, Newcastle University Business School, said: “We have worked closely with our colleagues at PricewaterhouseCoopers and the ICAEW.
“The input of all sides results in a programme that helps students develop their academic, personal and professional skills. As a result graduates from the degree have a real advantage once they start their careers.”
Paul Woolston, senior partner, PricewaterhouseCoopers LLP in Newcastle said: “PricewaterhouseCoopers believes in fostering and retaining the region’s graduates along with supporting the local community which we believe will help to further strengthen our practice and our local expertise.
“It is wonderful to see so many of our Flying Start students graduate and achieve the success they deserve.”