Professional services include a range of different occupations which provide support to businesses of all sizes and in all sectors. People working in professional services provide specialist advice to their clients. This includes things like providing tax advice, supporting a company with accounting or providing business advice. The kinds of services provided mean that the professional services sector helps to improve productivity and growth across the economy.
Professional services are critical to the success of the UK economy, representing 15% of UK GDP, 14% of employment and 14% of exports.
Jobs in the professional services
Professional services support businesses of all sizes and in a wide range of industries. People working in professional services help their clients to manage and improve their business. Accountants, management consultants and lawyers all provide professional services to their clients. The Professional Services Higher Apprenticeship currently covers jobs in audit, tax and management consultancy.
If you are interested in working in an accountancy firm (like PwC) or in the finance team of another type of company, that’s a professional services job. If you work in an audit, tax or management consultancy team, your job will be to help provide companies with the financial and business advice they need.
A job in audit could mean that you will be helping companies with their accounts or analysing financial results for them. If you chose a job in tax, it could mean you will be advising businesses on how to be tax efficient or completing their tax returns. Working in management consultancy, could mean that you will be working with companies to help them reduce costs or reorganise them to be more effective or innovative.
Finance and business advice drives all companies, be it a large private sector company or a public sector organisation, and professional services training will give you the skills you need to work anywhere in a business.