Making the transition from the comfy university life into the wild and unpredictable job market can be an eye-opening and mind-blowing experience for many.
With everything that is going on in the world right now, students graduating in 2020 face a much different reality than even their peers who left school a year before them.
There are fewer jobs available, and an uncertain future deters many employers from betting on young and inexperienced candidates.
It’s not all doom and gloom, though. The global economy will strive to get back in full gear as quickly as possible, and job openings should start springing back up, in the UK and abroad.
Eventually, we will get back to chasing international ambitions and broadening the scope of available work around the globe.
There will be job opportunities for robust accounting graduates who can quickly adapt to working in the post-pandemic reality, even if you’re going to have to wait for them.
Diving head-first into a full-time job is not the only option for you to consider. There are plenty of other avenues to explore, such as continuing your education, landing an internship, or just taking the time to figure out what you actually want out of life.
There are no wrong choices, and this article will help you weigh out the pros and cons of some of the most popular ones.
Getting a Graduate Degree
The competition for well-paying jobs is much more fierce than it was even just ten years ago, especially when it comes to positions related to some of the most popular, non-specific degrees, such as marketing, communication, or management.
In order to increase your chances of landing a good gig right out of college, you might want to consider going to graduate school and obtaining a master’s degree in your area of interest.
After graduating, you’ll be able to hunt for jobs that pay better and are tightly connected to what you were studying.
On the other hand, another year or two of college might set you back financially, in addition to missing out on real-world work experience.
Depending on what accounting career path you want to go down, going into a master’s degree right after graduation might not be the best move, especially if you already have student loans to pay back from your undergrad program.
Start Looking for Work
Start looking around for practical work experience in your field – it will help you get a move on in terms of paying off student loans.
If you’re lucky enough not to have any debt, you’ll be on your way to financial independence. You’ll have time to pursue a master’s later on, where you’ll be able to explore the more theoretical aspects of your field of expertise.
Entry-level jobs for those who had graduated with degrees in more general subjects get a bad rep for being boring, menial and consisting mainly of sucking up to the superiors.
While it’s certainly true for some of these positions, not all of them are equally humiliating.
The key is finding a company you can see a future with, with people who want to see you succeed and help you push your career forward, instead of turning you into a pushover.
During your job search, you should make sure that you’re applying to companies with established reputations and with clearly outlined duties and salary information.
Parents and educational institutions don’t really appreciate it whenever this kind of advice is passed onto college students.
The truth is that sometimes, putting off chasing a career and advanced degrees and going to pursue a volunteering or part-time job abroad can lead to people discovering their true desire and purpose in life.
There are plenty of opportunities you can take up. A lot of organizations that look for volunteers or native English speakers for TESL work can cover your travel and accommodation expenses, in addition to providing you with a bit of pocket money.
Being a traveling volunteer is a long-term career prospect by no means, but it is a great way to take a break and readjust to the post-college reality.
It is okay to have doubts and be uncertain of what the next couple of years will look like.
Whether you think you should chase a career and lockdown on a job as soon as possible, or wish to go back to college and obtain a graduate degree, the important thing is to take your time and not rush into a decision.
What you do in the time that follows your college graduation can and will have a lasting impact on the next few years of your life.
Don’t choose because of societal or parental pressure, but rather think about what will make the most sense to you and your ambitions, both regarding work and personal life.