Despite the gloomy financial outlook, those who study accountancy will have "plenty of options" in job market, says expert.
The current economic climate could hit employment in the financial services sector but one discipline looks set to remains in high demand despite the slowdown - accountancy.
According to Charlie Ball, deputy director of research at the Higher Education Careers Services Unit, the gloom engulfing the City and other financial institutions is reducing employment opportunities in many financial areas.
In particular, he said, people aspiring to positions as investment bankers will find employment prospects are "less straight forward" than they were three or four months ago.
However, accountants and those studying accountancy will have "plenty of options available to them" as the profession is often called upon to oversee takeover deals and administrations, such as the collapse of Lehman Brothers and the merger of Lloyds TSB with HBOS.
"It's accountants who are going to have to deal with the financial implications of all of that, it's accountants who are going to have to scrutinise the bottom line, accountants who are going to have to pick up all the pieces," he said.
According to July research from the Association of Graduate Recruiters, the job market for accountancy remains buoyant, posting an 11.7 per cent in graduate-level vacancies from 2007.
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