According to their website (http://www.aat.org.uk/content/item81564/) the level 4 AAT diploma is equivalent to a university degree.
To quote AAT:
"Conversely, for 18-year-olds choosing to enter workplace training instead of university, the financial rewards could be high.Across a three-year period, it is estimated that school-leavers training for a recognised professional, degree-equivalent (Level 4), vocational qualification such as AAT will be at least £63011.84**better-off than their graduate peers by the age of 21."
I know CIMA is equivalent to a Masters and has been recognised as such by the government but can anyone verify if this statement by AAT is correct.
-- Edited by Scotchpie on Friday 27th of August 2010 07:57:21 PM
-- Edited by Scotchpie on Friday 27th of August 2010 08:26:53 PM
-- Edited by Scotchpie on Friday 27th of August 2010 08:27:14 PM
I know what you mean about comparisons but I think in this day and age, with so many bright young kids missing out on university, its important to let them know there are alternatives that provide the same level of education.
If AAT is equal to a degree or a foundation degree (year two) then it means that those who wanted to study say business or finance at university but missed out, can get an equivalent level of education with the AAT, while earning money, and from which they can progress through the professional ranks (ACCA/CIMA) or can convert to a BA fairly easily and then follow a more academic route.
I raise this because the son of a friend of mine missed university where he wanted to study business and economics and was mortified. By showing him that there are equivalent alternatives will at least give him something to aim for and help him realise the world hasn't ended.
I think you are right with this. In my opinion he is much better off doing AAT and maybe some further studies like ACCA or ACA . Anyway surely half of his disappointment came from not the missing the studies but missing out on the uni life ...
