As the end of your undergraduate studies looms closer, it’s time to start thinking about a crucial decision: enrol in further postgraduate tax training and education, or get yourself a job in the real world?
Either way, it’s a smart idea to implement the following strategies as a ‘final year bucket list’ in order to boost your chances of success in the path you ultimately choose.
Focus on the grown-up social network
You’ve reached the point in life where it’s time to spend fewer hours sharing funny cat videos on Facebook or picking the perfect Instagram filter, and a little more time polishing your LinkedIn profile and checking out the site for news and ads that might help you land that dream job or identify worthwhile tax training.
You should also be connecting with alumni, academics and other industry professionals who may be able to provide you with assistance or at least useful insights.
Get an internship
Even if you’re set on enrolling in a Master of Taxation, there’s much to be gained by getting some real-world work experience. And if you’re looking to score a graduate position, few things are more attractive to employers than evidence that you’re familiar with the unspoken expectations and conventions of office life.
The big four firms all offer well-regarded internship programs, as does the ATO. Many big corporations, such as Woolworths, Telstra and Google, also offer great accounting internships.
Build your personal brand
The most effective way to stand out from hundreds of other fresh graduates is to build your personal brand. Start by attending as many networking events as you can and make your face and name known to those who matter.
Also, don’t be afraid to share your knowledge and industry perspective by creating your own thought hub – you can start a blog for free or tap into LinkedIn's built-in blogging features.
Become a mentor
Evidence you can inspire others comes in handy whether you’re considering a career in the business world, academia or both. Your university probably has programs that allow senior students to provide guidance to or tutor junior and freshman students.
If they don’t, Volunteering Australia can match up individuals with a particular skill set (such as several years of taxation knowledge) with those who have need of such skills.
Cleverly combine work and study
If you’re a bit of an overachiever (although that’s never a bad thing), undertake further education while finding your feet in a demanding graduate position by custom designing your study. The Tax Institute offers numerous programs you can complete while working that can equip you with the practical skills you’ll need to hit the ground running as an up-and-coming tax superstar.
While celebrating a job well done for completing your undergraduate degree is duly earned, don’t waste those three years of hard work by failing to think carefully about your next move. Whether it’s further education or a graduate role, the time to think about your future is now.
Take the next step in your tax career with the Graduate Diploma of Applied Tax Law
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