What is a graduate scheme?

Graduate schemes, sometimes known as graduate programmes or graduate training schemes, are structured training programmes offered by many large employers. They typically last at least a year; some last 18 months, while others extend to two or three years.

When should you apply for an accounting graduate scheme?

Most accounting firms offering formal graduate programmes open for applications in autumn, with a view to graduates starting work the following autumn.

What are the key skills needed to work in accounting?

numeracy and analytical skills excellent communication (oral and written) and interpersonal skills time management and organisational skills commercial awareness initiative and motivation

How much do graduate accountants make in the UK?

The Institute of Student Employers’ (ISE) Student Recruitment Survey reported in 2022 that the average graduate salary at finance and professional services firms is £32,316. Another survey, the Hays UK Salary and Recruiting Trends report, which compiles data from 23,000 employers who recruited through them in the past 12 months, confirms this. The 2022 report shows that: the typical salaries of trainee ACCA accountants range from £19,000 to £25,000 (with the lowest figures in Wales and the highest in London) the typical salaries of trainee CIMA accountants range from £21,000 to £25,000 (with the lowest figures in Wales and the highest in London) the typical salaries of trainee CIPFA accountants range from £18,500 to £24,000 (with the lowest figures in Northern Ireland and the highest in London) the typical salaries of trainee ACA accountants range from £18,500 to £28,000 (with the lowest figures in Northern Ireland and the highest in London). The wider variety in these figures reflects the remuneration variations across different locations as well as the sizes of the employers surveyed. For more salary information relating to accounting graduate schemes , read our guide on Accountancy salaries and benefits .