If you’ve recently graduated with a degree in accountancy, finance, or a related subject, you’ve probably heard a lot about the importance of landing a place on a graduate scheme. For many, these structured programmes can be a great way to kick-start a career, but they’re not the only route into the industry.

Whether you haven’t found the right graduate role yet or you're exploring other ways to stand out, there are plenty of options that can help you build a successful career in finance. In fact, many employers value practical experience and professional qualifications just as highly, if not more so, than a traditional graduate scheme.

What are the alternatives to a graduate scheme?

Graduate schemes are competitive, with thousands of applicants for a limited number of places. But don’t let that stop your career before it starts. Here are just a few other ways to gain valuable experience and qualifications:

1. Professional qualifications

Studying for a recognised qualification, such as ACCA, CIMA, or ACA (ICAEW), is one of the most direct ways to build credibility and expertise. These qualifications are often essential for progression in many finance roles, and you don’t have to be on a graduate scheme to start studying. Many learners fund their studies independently or find entry-level roles with employers who support their development.

2. Apprenticeships

Think apprenticeships are just for school leavers? Think again. Higher and degree-level apprenticeships offer paid, hands-on experience while you study for a professional qualification. They’re a great way to earn while you learn, avoid additional student debt, and build skills that are directly relevant to the workplace.

3. Internships and volunteering

Short-term roles can offer long-term benefits. Internships, temp work, and volunteering in financial or administrative roles can help you build a professional network and strengthen your CV, especially if you’re working towards a qualification alongside.

4. Self-directed learning

Finance is a fast-moving industry. Professionals who stay ahead of the curve by continually learning and upskilling are the ones who thrive. Short courses in data analytics, financial modelling, or even Excel can give you a competitive edge and show employers that you’re serious about your development.

Your degree is just the beginning

Whether or not you’ve secured a place on a graduate scheme, your next step should be about building the skills, knowledge, and experience that will help you move forward. In most cases, that means working towards a professional qualification and finding opportunities to put your learning into practice.

Explore your next step with Kaplan

Kaplan offers a wide range of apprenticeships and professional courses to help you progress in your finance career, whatever your starting point. Whether you’re ready to dive into full-time study or want to earn while you learn, we’ll support you every step of the way.