As a current college student, you’ve probably heard this time and time again: that it’s extremely important to apply and partake in internships during your undergraduate years. Although you probably have a lot on your plate in terms of completing coursework and reconciling the major unexpected events that life tends to throw your way, finding an internship (and a good one) is one of the best advantages you can have when it comes to jumpstarting your career immediately after graduation, or even before!
This is true especially in the accounting industry where work experience is required to obtain your CPA license and can help you move more quickly up the corporate ladder. In addition, it will give you a better idea of what area of accounting you’d like to go into and where your true passion lies. Here are our top tips to land an accounting internship.
Understand the Importance of an Accounting Internship
There’s nothing that beats hands-on experience, and firms like the Big 4 appreciate that. A lot. In fact, 50% of entry-level hires at the Big 4 auditing firms were previous interns. And with so many great accounting students getting good grades, experience becomes a much bigger determining factor for who gets the job.
Know Where to Look for an Accounting Internship
You can find accounting internships at:
Ideally, you should apply at a firm, industry, or organization that closely aligns with what you plan to specialize in, your area of interest, or where you’d like to work as a benefitted and compensated full-time employee.
Again, the Big 4 offers great internship opportunities, often times paid; however, because competition for these internship positions is very high, it’s important to make sure you’re well-polished. Which brings us to our next tip.
Brush up on Your Professional Development Skills
Regardless of whether you’d like to work for the Big 4, developing your professional skills is a significant factor that will impact every aspect of your career. They include:
Work Hard, Ask Questions, & Be Patient
Landing a good accounting internship isn’t easy. It will require time and effort and a few rejections before you find one. But if you have any questions or want more resources, don’t be afraid to ask! This goes for your career center at school, your professors, fellow peers, networking connections, family members, or friends. You won’t get the resources you need unless you actively seek them out. Just remember that as long as you continue to work hard, ask questions, and be patient, you’re sure to land an accounting internship that will help you get ahead in your career.