Annual Salary
£30,000 to £60,000
Average UK salary in 2023 was £34,963
(source Office for National Statistics)
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Management accountants oversee a company's finances and find ways to improve profits.
Average UK salary in 2023 was £34,963
(source Office for National Statistics)
You could work: between 8am and 6pm;
There will be
2.4% more Management accountant jobs in 2027.
As a management accountant, you could:
You could work at a client's business or in an office.
You can get into this job through:
You could do a degree in any subject then apply for a place on a graduate training scheme to work towards a professional accountancy qualification.
If you want to take a more focused route onto a graduate scheme, you could study for an accountancy related degree, like:
Some degree courses may give you exemptions from certain professional accountancy training modules.
You'll usually need:
You could take your first steps towards a career as a management accountant by applying for place on an apprenticeship, such as:
You'll usually need:
To become a qualified management accountant, you could train with a professional body, for example:
They all have different entry requirements and ways to qualify, so it's important to check with them which is the right route for you. If you already have relevant accounting or business-related qualifications, you may be able to qualify in a shorter time.
Look out for ways to get experience in a company's finance department or with a financial organisation. There may be opportunities to do:work shadowing; Easter and summer holiday schemes; virtual and workplace internships; year in industry placements
These are offered by small and medium-sized businesses, as well as large national companies. They can give you an insight into the career and help you make contacts in the sector.
You can learn more about working and training in accountancy from the Chartered Institute of Management Accountants (CIMA).
With experience, you could become a:finance manager; chief financial officer; finance director; chief executive
You might also become a self-employed management consultant or work as a financial business analyst.
You can find out more about working and training in accountancy from the Chartered Institute of Management Accountants.
You'll need: