Accountants Upbeat About Job Security

Student accountants across Britain are increasingly optimistic about their future job, according to new research.

The latest global Student Salary Survey by the Chartered Institute of Management Accountants (CIMA) found that more than 90 per cent of CIMA students in the UK do not expect to be affected by redundancy this year and 60 per cent remain confident enough to consider moving jobs in the next two years.

The study also showed that many CIMA members are confident of receiving an average pay rise, of 6 per cent – well above the current rate of UK wage inflation of 2 per cent.

In 2009, nearly two-thirds (63 per cent) of CIMA students in the UK said they were expecting to see organisational budget cuts the following year. However, that figure has now fallen to just 36 per cent.

David Rowsby, CIMA’s Regional Director for Europe, said: “The survey reflects the strength of the CIMA qualification and how its unique focus on business offers our students a great sense of confidence and job security.”

“With continuing economic uncertainty in many regions around the world, students believe CIMA’s professional accountancy qualification is the best way to develop their careers in the global environment.”