The need for accountants has never been more acute. In these tough economic times, businesses large and small are scrambling to track and control costs. If you’re a young MBA, recent business or finance grad, you’ll have a leg up in finding a job.
That’s the good news. The bad news is that you’ll be competing with hundreds of other grads for the same job, which is why many employers have resorted to the internship. It gives them a chance to see newly hired accountants perform without a serious commitment on their part. It also gives new grads a chance to see if they like a particular aspect of accounting and the company in general.
But landing an internship can be tough. Eight tips to put you on the short list:
- Have the right attitude. Can you get your head around an unpaid internship? Many employers are offering them. You’ll have to make sure you can deal with not getting paid for putting in 8- to 10-hour days of mostly training, grunt work and little glory.
- Have enough GPA/Units. Do you have the grades or class standing to pursue an internship? A number of colleges and universities won’t allow you to seek an internship below a certain GPA or lower class standing (freshman/sophomore).
- Have the right resume. Your resume should say you’re ready for an accounting internship. Go online and see what the pros recommend. Be sure to summarize your strengths and major qualifications in the first half of the first page. If you have any experience in specific areas like financial and strategic planning, P&L management, auditing and compliance, or accounting standards—list them.
- Have a Beta Alpha Psi membership. This national accounting fraternity can be your gateway to a number of internships. Join and attend their local chapter meetings and functions. Connect with alumni to see what’s available.
- Have mentors/advisors. Talk to your school’s career advisors about available internship programs. Attend career sessions and fairs. Print up some business cards and hand them out after talking to industry professionals and company reps.
- Have the right appearance. Look like an accountant when you interview for an internship. Remove the tats and metal piercings. Accounting firms are very formal.
- Have it in writing. If you are fortunate enough to get an internship offer, ask for the details to be spelled out in writing. How long is the internship? What are the hours? Will you be working in one department or shuffled around as needs arise? If the internship is unpaid, will there be a job at the end?
- Have it verified. Contact your career advisor and make sure the internship meets your school's requirements.
The rest is up to you. Internships are out there. And these days, the hustle is worth the hassle. Good luck.
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