Classics degree students fare better

Classics degree students fare better

Young people wishing to train as accountants after university would be better advised to study classics rather than accountancy as their degree subject, according to analysis of last week's English ICA results.

Only 55% of candidates who had studied accountancy at university passed the institute’s Final Admitting Exam, compared to an 88% pass rate for classics students.

Phil Armitage, the institute’s Director of Education & Training, said: ‘It’s disappointing that the pass rate (for those with accountancy degrees) is particularly low this year, and it serves to reinforce the institute’s policy of giving little exemption for accountancy degree students.’

In total, 2510 students sat the FAE, with a pass rate of 75%. In the FAE, students were given more freedom to structure their case study reports and content, which for some candidates to be a tougher test of communication skills than in the past.

Phil Armitage said this had been a conscious decision.

He said: ‘The case study has been more structured than in the past. This time the students were required to do the structuring for themselves, it was less prescriptive. Technical skills are a given, and we are now seeing students improving their communication skills.’

English ICA results list

ICAEW looks to future with new ACA

Higher pass rate with new qualification

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article