accounting

5 Benefits Of Accounting Internships

Blog General

In today’s recruitment climate, finding a job that satisfies you can be incredibly difficult. Indeed, finding that dream job often takes years and years of effort, hard work and commitment. This journey starts with “getting your foot in the door”, which is why accounting internships are so important for young finance and banking students. If you are a young banking graduate trying to make your way into Australia’s banking sector or the finance industry, here are several great reasons why you should start applying for accounting internships.

 

Practical knowledge

Accounting internships give users practical knowledge in their field, ensuring that students have a real taste of what type of work they will be getting in the area of finance and banking. This is great for those wanting to know what type of skills they will need in this career path.

Moreover, a vocational placement is a great way to confirm that this is the right career path for you. Likewise, it’s also an effective way of showing you that perhaps this isn’t the right career for you. Either way, a temporary placement is a very valuable experience.

 

Further employment opportunities

The current graduate market in Australia’s corporate sector is incredibly competitive. If you don’t have the necessary experience in the field, you could find yourself struggling to find a permanent, paying job at a business of your choosing. In fact, you’re more than likely going to have to compromise for a less than favourable job, primarily because you won’t have a strong enough candidate profile for those top jobs.

However, if you manage to work your way through several accounting internships, you’ll see jobs opening left, right and centre. Moreover, you might even be offered a permanent full-time or part-time position with one of the host companies for your placement program, which just makes the whole job hunt a lot less stressful.

 

Academic credit

At the same time, accounting internships can also be valuable because, in some instances, they can be classed as additional academic credit. Some universities offer placement programs which students can undertake for additional credit points. If a student is falling behind in the rate of their academic progression, this could be a suitable way for them to catch up over the course of the semester. The student would be able to complete their placement, while completely their university studies concurrently.

 

Interaction with clients

If your job revolves around client interaction and being able to effectively communicate with different clients, then accounting internships will be very beneficial to your career development. Indeed, it will provide you with the necessary skills and help you hone those skills in an environment where you can clearly assess your improvement and development.

If you’re someone who gets nervous meeting and interacting with new people, then pushing the boundaries of your comfort zone is an important part of your professional development. You want to be able to improve your employability chances as much as possible and showing you can convene with clients in an effective and professional manner is crucial!

 

Bolsters your resume

Lastly, there is no doubt that accounting internships can help you bolster your resume. Having a clear and substantial resume is crucial because of one very important fact: more and more companies are using keyword technology to proofread resumes and sort through initial candidates. This means that applicants can be rejected based purely off their resume and their written responses to several job interview questions. Never before has a job applicant’s resume been as important as it is now.

So, think your career could do with a healthy kickstart? Check out some of the best accounting internships available in your area.