Survey Reveals Growing Entrepreneurial Aspirations Among Women in Finance

Rising Entrepreneurial Intent Among Women in Finance

According to a recent survey conducted by the Association of Chartered Certified Accountants (ACCA), 48% of women working in finance and accountancy express a desire to become entrepreneurs. This figure represents a three-percentage-point increase from last year’s 45%. The survey, which included responses from 11,000 professionals across 175 countries, highlights a significant shift in career aspirations among women in the sector.

This increase in entrepreneurial intent is particularly pronounced among younger professionals, with nearly half of Gen Z and Millennial women in finance indicating ambitions to start their own businesses. Despite men still demonstrating higher overall entrepreneurial intent, the narrowing gap suggests that confidence and opportunity are becoming more accessible to women in finance.

Evolving Landscape of Finance and Accountancy

Kush Ahuja, Head of Eurasia and Middle East at ACCA, attributes this trend to the evolving nature of the finance and accountancy profession. He noted that these fields are increasingly viewed as platforms for leadership and innovation. Ahuja remarked, ‘What we are seeing is a new generation of women who are not only entering the profession but actively reshaping its future, whether that’s within organisations or through entrepreneurial ventures.’

The changing dynamics of the finance profession, driven by market volatility, regulatory complexity, and technological advancements, have expanded the role of accountants beyond traditional boundaries. This evolution creates natural pathways for entrepreneurship, as financial expertise becomes essential for business ownership.

Challenges and Opportunities Ahead

Despite the growing interest in entrepreneurship, significant barriers remain for women in finance. Access to capital, professional networks, and mentorship opportunities are critical factors that still disproportionately affect women entrepreneurs. ACCA recognizes that advancing women in finance requires more than just awareness campaigns; it necessitates sustained efforts to dismantle these barriers.

The ACCA’s Women in Finance 2025 initiative has seen a surge in participation, reflecting the increasing demand for leadership development among women in the region. The program integrates AI-enabled leadership simulations and expert discussions, showcasing how digital transformation is reshaping the skills needed for future leaders.

While the survey data indicates a growing desire to embark on entrepreneurial ventures, the actual translation of ambition into action remains uncertain. The gap between the intention to start a business and the practical steps required—such as securing funding and building infrastructure—can be significant.

Implications for the Future

The upward trend from 45% to 48% suggests a building momentum among women in finance. As the profession continues to evolve and younger professionals enter the field with established entrepreneurial mindsets, the potential for a substantial increase in women-led finance ventures over the next decade appears promising.

This shift not only reflects changing perceptions of finance careers but also signals a broader redefinition of leadership within the profession. Women are increasingly viewing their roles not just in terms of technical competence and promotions, but as opportunities to create and lead new business ventures.

Frequently Asked Questions

What percentage of women in finance aspire to entrepreneurship?

48% of women in finance want to become entrepreneurs, according to a recent ACCA survey.

What factors contribute to the rise in entrepreneurial intent among women?

The evolving nature of finance, increased confidence, and the desire for independence and impact are key factors.

What challenges do women face in pursuing entrepreneurship?

Barriers include access to capital, professional networks, and mentorship opportunities.

How is ACCA supporting women in finance?

ACCA’s initiatives aim to create opportunities for professional development and leadership training.

What does the future hold for women in finance?

The trend suggests a potential increase in women-led ventures as perceptions of finance careers continue to shift.