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Compensating for exam failure

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25th Jul 2012
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Failing an exam is an unwanted fact of life for many students. But if you should find yourself in that unenviable position, don’t panic. We reveal some of the alternative ways you can impress employers. Alex Miller reports.

The need for first time passes to remain desirable to employers is as important as ever in a tough and competitive economic climate. But in the event of an exam failure, it is not the end of the world as it is possible to compensate by gaining merit in a number of other ways.

It is worth remembering that often the exam marks are only relevant for an accountant’s first or second job outside of public practice and once you have picked up some genuine industry work experience, employers will increasingly look towards skills and understanding more than exam marks.

Andy Dallas, director at Robert Half Financial Services said: “In some ways it’s like someone coming out of university - exam marks are often among the only distinguishing factors between individuals.

“For candidates who have failed any exam, it is important to highlight other tangible and measurable ways where you added value. Focus on the industries you performed your audits in. If you worked in financial services for instance, focus on the specific industry information you learned and profile this on your CV and during interviews.

“It’s also important to gather references along the way. Audit managers or external clients can vouch for your demonstrated technical and soft skills as well as the commercial acumen you brought to your role. A strong sense of commerciality is one of the top traits companies are looking for today.”

Companies also value excellent soft skills such as flexibility and communication skills. These kinds of skills are especially important in any team-based organisation.

Nicholas Kirk, managing director at Page Personnel Finance, said: “Candidates with excellent soft skills also tend to perform well in interview. So the good news is if you are successful and make it to interview level, you stand a better chance than a candidate who seems un-personable or uncommunicative irrespective of their first time pass rate.

“If you want to strengthen your soft skills, work experience in the industry can provide invaluable commercial awareness.”

It is also important to gain practical experience in areas that are in highest demand. By topping up these skills, you will not only improve your skills sets, but also impress employers with a more rounded and full CV.

It is smart to find out what systems your target companies are using and if necessary, brush up your skills and experience in that area through temporary or contract work while you continue to look for a permanent position, or enroll on a course.

“Many of our clients are looking for candidates who already have advanced Excel skills and knowledge of accounting software such as Sage, SPSS and Crystal Reports. The best way to develop your IT skills is hands-on professional experience. If you haven't already, look into getting some experience by temping”, confirmed Kirk.

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