Ca­reers in fi­nance 2018

Inner City Gazette - - News -

The lan­guage of money is very pre­cise. As Bos­ton headlines will tell you,” If it doesn’t make rands it doesn’t make cents!”. Money speaks in num­bers and fig­ures. Its lan­guage is math­e­mat­ics. Learn­ing to speak the lan­guage of money will open many doors for you, so con­sider a ca­reer in book­keep­ing, ac­count­ing or fi­nance.

“The ac­count­ing and fi­nanc­ing field of­fers won­der­ful prospects for those who are fi­nan­cially in­clined,” says Kerry Da­mons of Bos­ton City Campus & Busi­ness Col­lege. The col­lege of­fers sev­eral top-notch, ac­cred­ited qual­i­fi­ca­tions in the fi­nance and ac­count­ing fields, rang­ing from short learn­ing pro­grammes to book­keep­ing ( highly in de­mand in the work­force), fi­nan­cial diplo­mas and a de­gree.

A World Bank re­port, re­leased re­cently high­lighted that South Africa has per­formed highly pos­i­tively in terms of In­ter­na­tional Fi­nan­cial Re­port­ing Stan­dards, as well as In­ter­na­tional Stan­dards of Re­port­ing. In a coun­try be­set by al­le­ga­tions of cor­rup­tion, this was a truly pleas­ing out­come. South Africa had taken note of all the 2003 rec­om­men­da­tions, and made ap­pro­pri­ate in­cor­po­ra­tions and changes to lo­cal ac­count­ing stan­dards and prac­tices. While we still have scarce skills in the ac­count­ing in­dus­try, the num­bers of newly qual­i­fied Char­tered Ac­coun­tants are up. Da- mons highlights that this is an in­dus­try where “cour­ses and qual­i­fi­ca­tions are like build­ing blocks, pro­vid­ing you with skills as you progress in each year of stud­ies, and po­ten­tial for em­ploy­ment as you com­plete each level”. So for those in­ter­ested in cre­at­ing a new ca­reer for them­selves, whether you are com­plet­ing ma­tric or you have been work­ing for a num­ber of years, this is a grow­ing in­dus­try that still re­lies on skilled man­power, and one worth mak­ing a commitment to­wards. Book­keep­ers in South Africa earn an aver­age of ap­prox­i­mately R140 000 an­nu­ally, while Char­tered ac­coun­tants make up for over 35% of the CEO’s in the top 200 com­pa­nies.

There is more than one way of en­ter­ing the fi­nan­cial field. Those who are eager to join the work­force with a qual­i­fi­ca­tion, and not ready to com­mit to a de­gree pro­gramme, can look at other highly re­garded qual­i­fi­ca­tions that en­able you to en­ter the fi­nan­cial field. Bos­ton of­fers a range of fi­nan­cial qual­i­fi­ca­tions ac­cred­ited by in­sti­tutes and pro­fes­sional bod­ies such as the ICB (In­sti­tute of Cer­ti­fied Book­keep­ers), FMI (Fi­nan­cial Man­age­ment In­sti­tute of South­ern Africa) and ACCA (As­so­ci­a­tion of Char­tered Cer­ti­fied Ac­coun­tants). These pro­fes­sional qual­i­fi­ca­tions open ca­reer op­tions such as: book­keeper and as­sis­tant book­keeper; credit con­troller; administrative as­sis­tant; cer­ti­fied fi­nan­cial ac­coun­tant; debt re­cov­ery agent; and more. “There is one thing I can say about the Fi­nan­cial Man­age­ment Diploma of­fered at Bos­ton,” says Da­mons. “While it is a three year commitment to full­time stud­ies, these grad­u­ates get good jobs!”

Bos­ton’s BCom in Man­age­ment Mar­ket­ing de­gree equips stu­dents for ca­reer op­por­tu­ni­ties and ad­vance­ment in the fields of busi­ness, man­age­ment and mar­ket­ing, fo­cus­ing on dig­i­tal mar­ket­ing, so­cial me­dia and brand man­age­ment - all buzz­words in the work­place to­day.

The de­gree makes pro­vi­sion for the lat­est mar­ket­ing trends.

The choice of ex­actly where to start your stud­ies can be quite over­whelm­ing. A per­sonal as­sess­ment and con­sul­ta­tion with a ca­reer coun­sel­lor at Bos­ton can help sift through the op­tions and fi­nalise your ca­reer choice.

The Fas­set (Fi­nance and ac­count­ing seta) re­port­ing in scarce and critical skills in­di­cate that ca­reers in fi­nance and ac­count­ing are a good choice, in terms of job avail­abil­ity.

Where the jobs are: Ac­cord­ing to the Fas­set Sec­tor Skills Plan 2013-2018, em­ploy­ers in the Fas­set sec­tor showed a need for more em­ploy­ees in the fol­low­ing oc­cu­pa­tions:

• Trainee ac­coun­tant

• Ex­ter­nal au­di­tor

• En­quiry clerk

• Ac­coun­tant gen­eral

• Fi­nan­cial in­vest­ment ad­vi­sor

• Man­age­ment con­sul­tant Book­keeper

Book­keep­ers in South Africa earn an aver­age of ap­prox­i­mately R140000 an­nu­ally, while Char­tered ac­coun­tants makeup for over 35% of the CEO’ sin the top 200com­pa­nies.

To find out more about the cour­ses of­fered by Bos­ton, or to sched­ule an ap­point­ment with a ca­reer ad­vi­sor, call 011 551-9000, e-mail info@bos­ton.co.za, or visit www.bos­ton.co.za.

“If it doesn’t make rands it doesn’t make cents!”

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