AdminThe path to becoming a chartered accountant has traditionally been seen as the domain of business and finance degree holders. However, in recent years, individuals from non-accounting backgrounds are proving that the ICAEW (Institute of Chartered Accountants in England and Wales) qualification can be an attainable and rewarding goal. By leveraging their diverse academic experiences, these professionals are bringing unique perspectives to the field of accountancy and excelling in their careers.
Success Stories from varied academic backgrounds
ICAEW proudly showcases the achievements of several non-accounting graduates who have successfully transitioned into chartered accountancy, highlighting the versatility and broad applicability of the ICAEW qualification.
Among these success stories is Aneesha Veriah, Partner at Rabin & Associates, who transitioned from a background in medicine to the financial sector. “My medical training provided me with strong analytical and problem-solving skills, which have been invaluable in my financial management and strategic planning roles,” she says. Aneesha’s ability to apply her medical expertise in financial contexts bridges the gap between healthcare and finance, showing how diverse academic backgrounds can enhance professional capability.
Another standout example is Jay Lim Jun-Yan, Senior Manager at PwC in Malaysia. With a degree in chemistry, Jay entered chartered accountancy through PwC in Malaysia’s Accounting for Aspiring Accountants Programme. “The analytical skills and attention to detail I developed during my chemistry studies have been incredibly beneficial in my auditing and advisory roles,” Jay notes. His journey exemplifies how technical expertise from one discipline can seamlessly transition into accountancy, strengthening both professional skills and industry knowledge.
Nicholas Tay Kee Chi, Assistant Vice President at Mizuho Bank (Malaysia) Berhad, used his background in actuarial science to excel in financial advisory roles. His experience in forecasting, analytics, and financial statement analysis positioned him well for the rigors of the ICAEW qualification. Similarly, Yap Khai Ven, Audit Director at Deloitte PLT, who holds a degree in economics, has found that his academic background provides a solid foundation for audit work. “The principles of economics are closely related to accountancy, and my understanding of economic theories has been instrumental in my audit work,” Yap reflects.
Overcoming challenges in the transition
The shift from non-accounting disciplines to chartered accountancy is not without its challenges. These professionals encountered obstacles but overcame them through dedication and strategic approaches. For Aneesha, the challenge lay in combining her medical background with financial management. “My goal was to bridge the gap between clinical practice and business management, particularly in the healthcare sector,” she shares. Her decision to apply analytical skills from medicine to financial analysis has allowed her to contribute meaningfully to healthcare finance.
Jay Lim’s transition from chemistry to accountancy was smoothed by PwC in Malaysia’s specialized programme, which provided him with the tools necessary to bridge the gap between these two distinct fields. Meanwhile, Nicholas Tay faced the challenge of balancing demanding work deadlines with the rigorous ICAEW exams. “The discipline and critical thinking skills I honed in actuarial science were crucial in managing my time effectively and excelling in my exams,” he explains.
Yap Khai Ven, on the other hand, found that the biggest challenge was managing his workload while studying. “It’s about maintaining focus and leveraging the support of colleagues and mentors to navigate the challenges,” he advises, emphasizing the importance of discipline and strong support networks.
For non-accounting graduates aspiring to become chartered accountants, these professionals offer valuable advice. Nicholas Tay encourages individuals to leverage their unique skills and perspectives: “With determination, practical experience, and support, you can navigate the challenges and excel in chartered accountancy.”
Aneesha Veriah adds, “Don’t be afraid to pursue a path that seems unconventional. Your diverse background can be a significant asset in the field of accountancy.”
ICAEW’s Commitment to Diversity
Reflecting on these success stories, Shenola Gonzales, Head of ICAEW Malaysia, highlights the importance of diversity in the field. “The achievements of non-accounting graduates demonstrate the ICAEW qualification’s adaptability and the broad range of skills it can encompass. Their diverse academic backgrounds have enriched their professional journeys and contributed significantly to accountancy,” she says.
Gonzales, herself a non-accounting graduate with a degree in chemical engineering, reinforces ICAEW’s commitment to supporting individuals from all academic disciplines. “The success of Aneesha, Jay, Nicholas, and Yap underscores the importance of embracing diverse perspectives and the limitless possibilities that the ICAEW qualification offers,” she concludes.
These stories prove that no matter the academic background, with the right mindset and dedication, the ICAEW qualification is a gateway to success in the dynamic world of chartered accountancy.
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