Trainee Associate Review
at EY
Higher Level Apprenticeship
Audit
Birmingham
Review Submitted: December 2023
Overall Rating
3.9 /5
The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!
Overview of Role
Please give an overview of your role and what this involves on a day-to-day basis:
I also attend a lot of team meetings and pick up a lot of new terminology and insight on what managers, seniors and other staff are doing. I have also attended clients meetings.
I work from home two days a week (Monday and Friday) and the rest I’m expected to be in, either, the office, the client’s office or EY Canary Wharf. EY pays for the transport, hotel, dinner and breakfast during my stay.
Sometimes I’m expected to go for coffee runs which is basically getting coffee (free) from any coffee shop for the whole team (including myself). I guess this is something first years are expected to do.
To what extent do you enjoy your programme?
That being said, I wish it were shorter in length. It is a very long apprenticeship: 4.5 years. That’s a lot of commitment to make especially as a teenager. But it helps to remember that experience at a Big 4 firm and being a fully chartered accountant can land you in many other roles more suited to you in the future.
I enjoy the structure of the programme. The exam dates are set out and you’re given study leaves. When at college you aren’t expected/required to complete any client work which takes one less thing off your mind.
The pay is somewhat great, relative to other accounting apprenticeships.
I think there is a lot of opportunity to go really far up the ranks at EY if you choose to stick with them.
Skills Development
Have you learnt any new skills or developed existing skills?
I’ve developed my communication skills especially through the use of emails.
I’ve learnt a lot about Assurance: test of controls, details, assertions, SCOTs etc
I’ve learned about work papers, walkthroughs, minutes, project management, time management eg. getting tasks completed before deadlines or end of day.
Structure and Support
How well organised/structured is your programme?
You are assigned a counsellor and apprenticeship coach to discuss your apprenticeship with. You have regular catch ups to discuss how you’re getting on. I haven’t failed an exam yet but if I were to, I would have a meeting with my counsellor to discuss strategy for the next exam. I believe you can fail a maximum of three times.
College and exam dates are set out for the next two years so it is very organised.
How much support do you receive from your employer?
In terms of work I don’t think we are given much.
I was “thrown” into a team and I don’t think many people (at least in my case) realised (still realise) that I came straight from college.
I am grateful for the experience as I learned to take the initiative and reach out myself. It was a bit difficult to understand how everything works at first. But it’s nearly my 5th month and I feel like I know the ropes.
I had to remind myself that it wasn’t my team member’s job’s to explain everything to me. But I’m lucky that a lot of 2nd year and 3rd year grads helped me out. Even my manager took some time out to explain concepts to me.
How much support do you receive from your training provider when working towards your qualifications?
The training provider has great teachers. You are given access to many resources (physical copies of notes and question banks, online books and question banks, mock tests) the teachers always send out copies of their notes after class through email and make it clear that you can ask them for support on any questions you find difficult.
How well do you feel that your qualification (through your training provider) helps you to perform better in your role?
Are there extra-curricular activities to get involved in at your work? (For example, any social activities, sports teams, or even professional networking events.)
I know of people who play for sports teams. You can definitely find people who enjoy the same sports as you.
There are also networking breakfasts and lunches (free)
Recommendations & Advice
Would you recommend EY to a friend?
Why?
There is guaranteed opportunity for promotion within the firm if you perform well.
There are loads of financial benefits and the salary is competitive. You might get to travel to other cities in the UK (for free).
The only downside to this job is the holiday policy about “no holidays” from January to April. You are also expected to work 15 more hours a week during busy season which I can imagine will take a heavy toll on my mental health. The work life balance will be hard seeing as we will be working longer and aren’t allowed to take leave. This is the main reason I won’t be staying at EY once I qualify.
What tips or advice would you give to others applying to EY?
• Don’t go into the interview without researching. Look up the ACA qualification and research what it is that auditors do. Link it back to your studies (trust me, you can always find a way to relate it back to what you studied)
• Look up the company values and come up with examples of how you display them.
• Ethics is very important at EY make sure you bring it up.
• Ask the interviewer real questions you have and show genuine interest in their career. They have a lot of wisdom and you can pick up a thing or two even if you don’t get the job this time you applied or you end up getting an offer somewhere else.
• so cliché but be yourself!
• Be presentable and look put-together for your interview. Also work on your communication and listening skills.
•If you’re nervous, work on breathing techniques and remember to project your voice. Don’t be afraid to voice your opinion when in a group assessment.