Big 4 exit opportunities reddit




big 4 exit opportunities reddit Bain currently employs over 8,000 people across 50 offices worldwide, and the company generated an estimated $4. As we already mentioned, the Big 4 absolutely dominate the accounting field. You can join your favorite client and take high positions there. The Big Four firms did some recruiting out of Stonehill, but they have GPA requirements just to get an interview. These are followed by McKinsey & Company and the BCG – US strategy giants. Many firms offer very good parental leave (the Big 4 firms are national leaders in maternity leave) and most offer a 401 (k) match, good health benefits, some sort of gym reimbursement, and a casual dress This is a guest post from “Adam,” who spent 3 years in Big 4 Audit / Assurance in London UK. Remember, it takes a full year as manager to retain this. I have 7 years in forensics, so we are in very similar situations. after signing with CAA. It’s a matter of how you present yourself for any particular role. Basically: Is this a good opportunity? Do people go The Big Four firms did some recruiting out of Stonehill, but they have GPA requirements just to get an interview. There is a great deal of power behind a Big 4 brand. ref: whrl. Want to hear from more The Swift Exit customers? In a world that becomes smaller every day, where global integration and experience become ever more important, the Big 4 offer some of the best professional international opportunities out there. Your trust is our top concern, so companies can't alter or remove reviews. Gov. This particular post covered Big 4 Valuations — a subset of the Big 4 Transaction Services (TS) division, with other roles coming soon! Now if this is an area you’re considering, I strongly encourage you to check out our map of the landscape of Accounting & Audit Exit Opportunities , including Valuations to find out: Hello, I recently accepted a job with a mid-size accounting firm in NYC. This should be pretty much the same across the various areas of tax: asset mgmt, federal tax, international tax, M&A tax, transfer pricing, SALT, etc. Financial Due Diligence, Salaries and Bonuses, and Exit Opportunities. Consulting Exit Opportunities: 28% of Management Consultants Pursue Finance. But consulting in big 4 doesn't dilutes a lot. 26. Jennifer Liu RISK = ENTRY (34) - RISK TARGET (32. *This post is true in most but not all cases. S& and monitor deloitte would most likely provide most interesting exit opps. A KPMG consulting position is a great way to make good money, gain tremendous experience, and ensure excellent exit opportunities as the KPMG brand is a good addition to your resume. Completion of a Big Four training programme means you have more general skills such a methodical approach to challenges, strong organisational skills and a structured mind-set. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: . That being said you should try to aim to stay at least 2 years so you can show that you can hold a job. All my clients . big 4 senior manager exit opportunities reddit Or like better companies, New comments cannot be posted and votes cannot be cast. are viable exit opportunities, and how these opportunities are affected by becoming a CPA or making progress on the CFA. 📸 Finance Unboxed Instagram page:https://www. And M&A is notorious for unpredictability – I remember how the Big 4 transactions teams always kept a suitcase in the office in case a deal came in. Posted from TSR Mobile. This is the first exit point. The recruiter and hiring manager moved fast, and although it didn’t work out (they went with another candidate), I was impressed with their speed and The consensus here is going to wail on you and claim you won't find any exit opportunities or be limited to 3% COL raises for the rest of your career as a senior accountant. Feb 10, 2018 - 10:23am. After doing much research, I concluded the following is what I Big 4 Private Client Services exit opportunities? Big 4 — highest to lowest paying fields within? Tax/Audit Earning Potential of Exit Opportunities Moving divisions in the Big 4 Audit at PwC or Risk at Barclays? Corporate Tax or Audit at Big 4 (Better Opportunities) Big 4 graduate programmes Big 4 advisory, consultancy Big 4 Tax v Audit Big 4 audit assurance exit opportunities. Big 4 Cloud Providers Will Continue to Dominate, Analyst Says. #1 Big 4 Advisory exit opportunities after 3 years. hire. Report. Most graduates at a Big 4 will work here for 2-3 years then decide upon their next career goal. Paycheck to Paycheck From $70,000 to $120,000: How much 3 software engineers earn around the U. 4. There is no right answer to when you should leave the big 4 accounting firms. 5 and I had a 3. This mini-series intended to give you a quick and dirty overview to some of the most talked about Accounting & Audit exit opportunities. But let's put a number to that. What I know is mostly they do implementation consulting rater than strategy consulting. Here's what companies really do with your exit interview info after you've quit. This gives you better exit opportunities, such as moving into private equity or senior management at top companies. It will open doors that were What you see on the Big 4 websites is simply marketing spiel to help the firm sound valuable and all-encompassing, and are services your Partner will try and sell to clients (but rarely actually wins). Impressive ones! The idea is to make the GPA less recognizable. Want to see the real deal? More inside scoop? View in App close 7 Ratings. 28,274. But audit is just the beginning. Corporate Tax or Audit at Big 4 (Better Opportunities) Big 4 post qual exit opps Big4 Audit to Investment Banking Oxbridge + Big4 ACA + CFA best exit ops. I’m not prepared for the interviews so I’m not sure if I can take a long break but I’m open to literally any suggestions! Yes, particularly with F500 firms and particularly compared to public sector Big 4 practices (recruiters may not think the experience is as relevant as commercial consulting experience). I considered bumming on a beach in Koh Samui when I left consulting, but for more Known as the ‘Big 4’, these firms completely dominate the industry, auditing more than 80 percent of all US public companies. lion’s share of complaint posts on here and Reddit come from Big 4 consultants, specifically around the topics of attrition For many years, the thought process behind investment banking exit opportunities was: “I’ll suffer through investment banking for 2-3 years and work terrible hours, but that suffering will allow me to move into a more interesting and lucrative role with better hours in the future. 2. Exit options - MBB has better exit options as compared to the big 4. Aug 04, 2015 · At the Big 4, you don’t get a salary raise right after passing the exam, but you will likely receive a bigger salary bump at the next annual review. 5. Consider it if: You’re looking to move up in your consulting firm—or transition to a completely new career or industry. CF. While the work/life balance ended up being smothering for me, I actually enjoyed the audit work I did, compared to the finance work I am doing now. g. If you're 1-2 years post qualified then you’re still interesting to them. My background is accounting and finance, though, and I am very intersted in financial institutions. When I started in consulting with Accenture, it was glamorous to be in MBB and Accenture was a dirty word :) When I moved to McKinsey & Co 12 years later, the tables had turned. It’s a lot of money but it also takes roughly 13 to 17 years to get there! Big 4 Consulting By The Numbers. 39) / RISK (1. I was wondering if anyone could give me any info on exit opportunities. Big 4 are also trying to hire at newly qualified level to replace their leavers, so there is definitely openings for you. I'm sure the work/life balance is great at #9, but let's not pretend the quality of work, training, or exit opportunities are anything like the "Gobal 6". If you’re thinking you’ll ultimately stay in Exit Opportunities. The deal advances a key initiative for the Fort Smith, Arkansas-based logistics and less-than-truckload provider — to grow its asset-light operations to a level equal to its asset-based trucking unit. I am currently a senior at a Big 10 school majoring in Finance and just got an offer for a position in a Big 4 Valuation department. I've worked in both and plenty of people in industry in good roles were ex Manager/Senior Manager level. by MBA Crystal Ball. Opportunities are certainly out there, the only issue is that people think they will get an ACA from, say a Big 4, and send their CV to lots of headhunters who will put them in a Product Control role at an investment bank and earn 55k-60k pa automatically - it doesn't happen, the market is flooded with newly qualifieds trying to escape from audit. it seems like in the big 4, it is much easier to get into audit than into advisory. #3 RE: Big 4 Advisory exit opportunities after 3 years. I'm currently a Big 4 first year associate (4 months in) doing IT Audit and don't enjoy it at all. At the Senior level, expect a pay increase in a move to industry. Yes, particularly with F500 firms and particularly compared to public sector Big 4 practices (recruiters may not think the experience is as relevant as commercial consulting experience). Buy driver's license online, Passports www. Viewing 10 posts - 1 through 10 (of 10 total) Big 4 Transaction Services: Careers, Recruiting, Deals, Valuation vs. Big 4 ACA audit exit prospects/strategy Which would you pick? Best way to move from Big Four Audit to IB/ER/PE Equity Research in a Hedge-Fund Consulting Exit Opportunities. Heading back to grad school is a common exit strategy for those within consulting, especially if you started a consulting gig straight out of undergrad. @toughkitty: forensic accounting is very interesting, and I was asking about exit ops more theoretically. If you are a Big 4 Audit Manager considering a move, and you don't have a good handle on your opportunities, you have wasted a few years of your time. That's 99. For the record, I was in Big 4 for more than a year before lateraling to an investment bank (currently in my analyst stint). Big 4 Valuation Exit Options - Buy Side (Originally Posted: 11/02/2014) Hello everybody, I've scanned these forums for years and this is my first post so hopefully I do this right. 13. Exit opportunities ↑ One of the most attractive things that come along with a job in consulting, is the impact it has on your resume and future opportunities. " 401k match is a little low compared to industry standard " (in 10 reviews) 5. A lot of the clients we coach ask about moving into more strategic & commercial roles after spending time in traditional accounting & audit, but don’t know where to start or even what opportunities exist …so-much-so that we’ve put together a map of the landscape of accounting exit opportunities, which I encourage you to check out! Nonetheless, Big 4 firms are also respectable career launching pads – offering the same kind of exit opportunities as MBB, although the quantity and quality (pay) are usually lower. This reasoning is flawed for many reasons: 7 Ratings. I ended up taking a position at a mid-tier accounting firm, which was a great fit for me right out of school. X. BIG 4 FIRM EXIT OPTIONS AND WHEN THE BEST TIME TO LEAVE IS! I talk about when to quit the big 4, I give you timelines as to how long it takes to get promoted Response 1 of 11: Big 4 has the pedigree, middle market has the well rounded experience. Even yard-work, or just picking up litter on your street. Everybody quits Management Consulting at some points. I. Fortunately, Big 4 Deal Advisory experience would open up a large number of opportunities in industry. No chart exists for partners because compensation varies so widely. Big 4 Valuations - Exit Opportunities I would love to hear your opinion on how long a newbie associate should intend to stay in a Big 4 valuations role, whether IB, Equity Research, Private Equity, etc. I'll also be studying for my ACA. – justify horrible hours for “exit opportunities” Reality? – work in a smaller firm, have a 55-60hr busy season, enjoy your life, and leave for the same job that the big 4 robots left for. Archive View Return to standard view. I am also thinking about life after public accounting, and I want to plan accordingly A lot of consultants also go for an MBA after 3-4 years to open up more opportunities. com with your problem(s) but only if you're comfortable being mocked in an older sibling kind of way. Get Educated. big 4 strategy consulting e. More numbers, and more numbers. You just need to gauge it for yourself. Subscribe and be part of the Big 4 community . Most seemed to land exit opps that really excited them. Often, their preference is the Big 4 since most hiring managers in technical groups at the F500 are alumni of the Big 4. Exiting Big 4 to an industry company for a tax position would likely land you in some sort of tax analyst/senior tax analyst/tax manager role depending on how many years you did in Big 4. Consultancies have an “up or out” culture, meaning that many of those who feel they can’t make it to Exit opportunities are very difficult outside of tax compliance. This background possesses many transferable skills. Exit Opps from Big 4 Corp Finance On interviews, the fact that I have experience at one of the Big 4 is definitely one of my most appealing qualifications, and I would say that the experience I got from PwC is extremely valuable. I was recently offered an advisory associate position at one of the Big 4. Similarly, if the GPA is a bad number, you need 4 good ones. But that’s based on a comparison of generic candidates with no other discernible qualities. It's time to get backlinks that make a difference. 40. Benefits of Mid tier - better working hours, less politics, wider variety of work (you dont tend to specialise as much as you do in Big 4) Lots of roles in industry as well esp if you don’t mind taking an entry level position. July 25, 2021. Students dream of working at one of the top accounting firms and receiving a Big Four accounting salary. Your hour target is reduced as you are promoted, especially to the manager level. I then went into a smaller regional firm as a manager making $100k. First Exit – Certified Auditor. I'm fortunate enough to have been offered a graduate position in the M&A Deal Advisory team at a Big 4 firm (regional office). I work in valuation for a non-big 4 (BDO/ Grant Thorton/ Weaver) and in my short time here ppl at my firm have left for IB and management consulting. This article is a breakdown of the Big 4 firms, the average starting salary range for each of them, and some additional factors that help determine the size of your starting accounting salary. The big four consulting firms that account for nearly 40% of the industry are PwC, Deloitte, EY, and KPMG. But I digress. Amazon Web Services (AWS) remains the cloud infrastructure services leader, controlling about a third (34 percent) of the global ArcBest (NASDAQ: ARCB) took a big step toward bridging the gap to a long-term goal Wednesday with the acquisition of Chicago-based truckload broker MoLo Solutions. I know that consulting pays more in a big 4 and has more interesting work, but it seems that auditing has extremely good exit opportunities (Financial controller, CFO etc). S. com ID cards, IELTS, birth certificates, school diplomas, Visas, Social security card, SSN, divorce papers. " 401k match is a little low compared to industry standard " (in 10 reviews) Big 4 Partner Salary. Need some advice for exit opportunities in Big 4 IT audit. ArcBest (NASDAQ: ARCB) took a big step toward bridging the gap to a long-term goal Wednesday with the acquisition of Chicago-based truckload broker MoLo Solutions. When do people exit typically exit and why? Due to the somewhat stressful workload, there is high turnover at the Big 4, and at most management consultancies or investment banks in general. So, most people go to Big 4 because of the exit options. Thomas Yeung is an expert when it comes to finding fast-paced growth opportunities on Reddit. my bonus is roughly 15% of my salary. Almost no one stays at a firm their entire career. Bottomline: Big 4 offer attractive careers, but go for MBB if you can The “heart” of the Big Three, Bain & Company is known as much for its ambition and future-defining innovations as it is for its culture. ”. They are Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and Klynveld Peat Marwick Goerdeler (KPMG), read more about each below. Dan Patrick moves to create a Senate panel focused on college sports’ future. The longer you stay in Big 4 after the Manager level, the more you price yourself out of the market for a move into industry. instagram. Most lucrative accounting-related exit roles have a public accounting prerequisite. Bookworm the appeal of the big four is market value and exit opportunities that are utterly unrivalled anywhere in this profession of ours. At my Big 4, the 1,800 hour target was for chargeable/client service hours. I come from a nontarget and very rarely recruited from school, so this was kind of a big deal for me - even though I was aiming for audit. Personally I think your options are considerably expanded as a Manager when looking to move into industry. You have more than one choice to jump over after leaving management consulting firms. I can't comment on Business Modelling exit opportunities specifically, but Big 4 candidates with an ACA are highly regarded when it comes to equity research roles in London. The trader responds with a profit Ed. 1. “A Bainie never lets another Bainie fail,” as the saying goes, because of the rich and deeply compassionate culture that puts its people first and empowers them to deliver consistently outstanding work on a global scale. Traditional Strategy Consulting is dying and will be finished in the next 10 years. It's not top 10, like BDO, RSM, or Grant Thornton, but it's in the top 30-40. At top consulting firms, entry-level management consultants may earn $100,000 each year (bonuses and profit sharings included), while senior consultants may earn up to $200,000. FloQast is an exit from the Big 4 where you can leverage a lot of your accounting knowledge, so this is a very good opportunity for people looking to make a switch and this is the right time to do it as it’s very early in our company. Loads! As you say, you could stay in the big 4, or if the lifestyle and size of clients is more to your liking head to the mid tier or specialist firms/ consultancies. The agency After more than two great decades at Procter & Gamble, I made the leap--a planned exit from corporate life to go all-in on my former side hustle of writing, speaking, and teaching. The “heart” of the Big Three, Bain & Company is known as much for its ambition and future-defining innovations as it is for its culture. The opportunities are there on the tax side, not so much going directly to a client, but I get calls from 2 or 3 recruiters a week. from February 2015; to April 2015; last updated – posted 2015-Apr-8, 12:49 pm AEST Big 4 Consulting By The Numbers. These can be hugely valuable in project management Hello, So I got an offer (and accepted it) for Big 4 Audit in Private Client Services. Entry / exit strategy; After discovering which path is the best fit you can start developing your learning plan with the courses and certificates that are necessary to get hired and thrive in the role. 4% market share of the top 500 publicly traded companies. 11. For example, one of the Big 4 firms offers their newly promoted managers a one-time 20-25% award that vests after a full year of service as manager. 1d. BTW, what's this whole 5-10 thing? The way I see it there's the Big 4, there's GT and BDO, and then there's everyone else. So strategy consulting is the most lucrative, then corporate finance, etc? roughly, yes. There are several reasons for an MBA graduate’s fascination with consulting careers. At the Manager level, expect a small increase in salary — and, perhaps, be willing to accept a lateral for an opportunity with advancement potential. lion’s share of complaint posts on here and Reddit come from Big 4 consultants, specifically around the topics of attrition Consulting Exit Opportunities. Cancel. Big Four Accounting Salary – Overview. Top 3 firms charge clients 3-4 times more per day than Big 4 firms due to the nature of the work, and this gets reflected in the average compensation for consultants. To be fair that's non-MBB and lower level mid market firms. Backlinko is the place for next-level SEO training and link building strategies. , but are tough to transfer in the same way audit experience is more easily transferable into industry accounting, general management, and even finance. Benefits of Big 4 - training, learning the political game, toughing up, reputation, heaps of promotional opportunities. As of 2017, the Big 4 audited 497 of the S&P 500. I went into being a Senior and left making in the $80's. Big 4 Advisory exit opportunities after 3 years. Many hope to land a job as an associate or a staff accountant in a major professional services firm (the Big Four – Deloitte, KPMG, PricewaterhouseCoopers, or Ernst & Young). The University of Texas at Austin and the University of Oklahoma are Company – Big 4 Accounting firm Service Line – Human Capital, People & Culture, People & Org equivalent Degree – Law/Commerce(Accounting) Other possible interests: Law, Finance, Strategy Consulting _____ _____ I've been working for nearly a year and am worried about my exit opportunities once I leave the firm. Submissions can range from Big 4 news, pros & cons of working in any of the firms, how to get into Big 4, layoffs, and any other stories or questions related to the firms. ChronicConsultant. Also look at the banking sector. Their false sense of superiority cannot handle that. Personally, i have 0 interest in making Manager here as I feel I have 2 big interview rounds coming up for roles I really want but I’ve put so much energy into interviewing for other roles that I can’t even focus and prepare for the upcoming 2. pl/Re6Ke1. Answer: After such a dull job like a big four auditor almost any other work would be more interesting and meaningful. I spoke with the recruiter. A solid two to three years’ experience would put you as a “certified” Big 4 auditor, with all your fundamentals set. The skills learned in tax are very valuable, research, details, etc. After gaining a sufficient set of skills, they look for other challenges. You will need to go back to school and/or start over to transition out. Answer (1 of 2): Big4 Senior auditors typically move into positions in the industry that are related to being the head of Finance. 6d. Many management consultants hardly complete two or three years in their jobs before they realize that there’s more to life than consulting. The Big 4/ACN are brought in when something actually needs to be done about a problem. reccer to ChronicConsultant (#1) 14. EXCLUSIVE: Tom Daley, who has four Olympic medals as the most decorated British diver of all time, is looking to break into the television business in the U. 60) = 1. 40) = 3. Obtaining an offer out of college is qualifying, and that first promotion to senior indicates you are technically and socially skilled enough to lead a team. If you make manager at a big 4 firm and do that for a year, typically you're going to be looking at an exit option that pays you around $120k/year in a major metropolitan area. Explanation of exit options for Big 4 employees in audit (assurance), tax and consulting. Marketing people say that one bad comment on social media requires 4 positive ones to balance out. Exit Opportunities from a Big 4 Deal Advisory Practice. I agree with Big 4 having a better work-life balance in comparison to big law. Exceptions may apply. stay at Big 4 and work up to senior manager or move to a mid market accounting firm like Grant Thornton/RSM. The two people that I've spoken to about the possible exit opportunities after public tax, now both have the job title of “Tax Analyst”. Project leaders/managers are typically paid $200,000-$250,000. note: Have a question for the career advice brain trust? Email us at advice@goingconcern. Jennifer Liu Exit Opportunities. I considered bumming on a beach in Koh Samui when I left consulting, but for more Consulting Exit Opportunities. Not everyone enjoys working late in a tense environment and the competition as you progress is quite fierce. 5+ years in Corporate Finance, Transaction Services from a Big 4 professional services firm? My thoughts are that TS is a similar role to external audit, and thus the exit opportunities would be similar – but you are much less likely to move into a position at a client. Transaction Services (TS) is the desirable option, as many ambitious auditors seek a front The two people that I've spoken to about the possible exit opportunities after public tax, now both have the job title of “Tax Analyst”. Though “Bainees” build strong relationships amongst their teams, consultants are still required to work long hours in return for interesting projects and excellent exit opportunities. I now am back at PWC as a manager making $125. I was a little below the GPA requirement, which I think it was a 3. Salaries- Check glassdoor, salsries for an entry level positions are higher for MBB's as compared to big 4. How do I use the career map? We suggest using the career map to help plan your occupational development. 2d. Exit opportunities at Big 4 Joining Big 4 next year as an Actuarial Consultant in insurance. I’ve briefly discussed consulting exit options before. they're definitely the two highest paying roles though. com/finance Gambit82 said: I started with deloitte out of school, working out of the Chicago office making $55,000. Big 4 Partner Salary. prospects, exit career opportunities? Facebook Twitter Reddit Pinterest Great benefits! I’ve been continually impressed by the support Palantir shows to its employees, from basic benefits like health and dental to more novel offerings in mental health, fitness, and personal finance. 5B in revenue in 2019. ). Did being at a 2nd-tier firm hurt my colleagues much in terms of their desired exit opps? I don't think so. After UT-Austin signals a Big 12 exit, Lt. Pros. Good benefits. It really depends on what you're looking for. But that could mean several things. Having worked at both, it is definitely easier to be seen as someone capable of doing the job if you come from big 4. I love IT and my major was both IS and Finance so I thought this would be a good fit for me but I just don't enjoy the work. Hi All, I've been at one of the Big 4 doing consultancy for 3 years - started off on the graduate programme and got promoted last year (i'm 26). Similar to going to an Ivy League school, the exit opportunities are all about your network and relationships. Consulting Exit Opportunities. timesaverholdings. It seems as though the lion’s share of complaint posts on here and Reddit come from Big 4 consultants, specifically around Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: . An exit interview is a conversation between you and your employer—likely a human resources representative. December 18, 2019. Big Brand Names; High standardize scores; Awards, medals, etc. Consultancies have an “up or out” culture, meaning that many of those who feel they can’t make it to Companies conduct exit interviews so to hear an employee’s opinions about their job, supervisor, organization and more. I am starting a winter internship in NYC Big 4 Audit. 0. For reference, however, you can expect to make somewhere between $250,000 and $5 million a year. The job description is below. Know a lot of people stay for a couple years then leave to industry. Not that you can’t get a job if you don’t stay for 2 years its just that you will have to explain less during your Consulting Exit Opportunities: 28% of Management Consultants Pursue Finance. I don't agree with that, but it's what the advice is that's passed around here. He shares how he made the move straight from Accounting & Audit to a pure Consulting / Advisory role within the Big 4. GC, I know my question is somewhat specific but I just accepted an Internship offer for E&Y FSO Assurance in NYC and was interested in gaining some insight into the 3 divisions within FSO Assurance The big four consulting firms that account for nearly 40% of the industry are PwC, Deloitte, EY, and KPMG. Cover Letter Big 4 Reddit, environment manager cover letter, single spacing essay new line between paragraphs, how to get studnets to write poetry instead of essays. I interviewed at Reddit (United States) Interview. " Great culture and opportunity for growth " (in 19 reviews) " Overall better work/life balance as compared to Big 4 " (in 16 reviews) Cons. User #679658 3292 posts. corp fin doesn't seem to pay as well as I thought after speaking to a few people in the role. But, then, as you are promoted you face more business development pressure and receive revenue goals. PwC, Deloitte, EY, & KPMG . e. Jun 25, 2021. What kind of industry roles would generally be the next step? Hello, I was wondering what opportunities would exist having worked within Risk Advisory (more the internal audit and controls side) at a big4 for a few years, say to manager or assitant manager position and having completed ACA. I was asked which sectors I preferred and I picked FS last because of its reputation for really long hours and tedious work (private and products and services were the other options). Now this is my Which of the “Big 4” accounting firms is right for you? Or better stated, which of the Big Four firms will pay you the highest salary!?. Tax (income taxes) for an Oil & Gas company in Houston. Having qualified within a Big 4 firm can still be hugely valuable. I know one is actually in Corp. IB, ER, Esuric exited to Corp Dev from Big 4 valuation. The following lists consist of the best consulting firms in the US on three areas: benefits, compensations, exit opportunities and work-life balance. 3. I'd like to approach the big four firms after I've done my ACA as an exp. Back to Top : Virgil Regular Joined: 24 Sep 2011 Online Status: Offline Posts: 126 The consensus here is going to wail on you and claim you won't find any exit opportunities or be limited to 3% COL raises for the rest of your career as a senior accountant. Close. This is an opportunity to discuss job satisfaction or offer feedback on policy and direction. They are the four largest accounting firms by revenue. Financial Controller, Head of Finance for XYZ region/vertical. Don't get me wrong, IB certainly has it's advantages (exit opportunities to higher paying jobs and "prestige"), but Big 4 really isn't as bad people make it out to be, ESPECIALLY on this forum. Although benefits vary from to firm, for the most part accounting firms offer above average benefit packages these days. The pay is higher as well. From what I understand, tax exit opportunities are much more specialized. Top Consulting Firms by Salary, Benefits, and Exit Opportunities. Plus, the HR team is always responsive to additional requests. I spoke with the hiring manager. I am in public accounting for many of the reasons most people are (exit opportunities, getting experience, best place to start a career in accounting, etc. Just don't tell them they wasted 4 years of their life. reply. He recommended Dogecoin before it skyrocketed over 8,000%, Ripple before it flew up more than 480% and Here's what companies really do with your exit interview info after you've quit. It seems as though the lion’s share of complaint posts on here and Reddit come from Big 4 consultants, specifically around What kind of opportunities would I be looking at. The benchmark Compliance qualification that is highly desired by employers is often the Certified Anti-Money Laundering Specialist (CAMS) course. Auditing is an endless cycle that could get tedious over time. I had a video interviews in one day as the “onsite” phase. I was wondering if you could break down the career opportunities in auditing and consulting (in a big 4). 11/11/2017 14:04. Audit at big 4 for 5 years gives you a lot of good exit opportunities (plus audit has always been a hire many and let them burn out and move out kind of area) 5 years in tax makes you a specialist in a certain area with less and less exit opportunities outside your area of expertise the longer you stay. Easiest big 4 to get into reddit. They all seem to say up to 2 years PQE, but no more. While the Big 4 aren’t known for investing in their people via salary and bonus, they do spend millions of dollars in training and development. Life after consulting: Exit options. The average newly promoted manager makes ~$85,000 a year, meaning their bonus is worth ~$20,000. If you stay, you will definitely have a good career, but it will be a good career in public accounting. Partner-level managers (partners, directors, principals) can earn up to $1,000,000-$1,300,000. The position goes better than expected, gapping above the reward target. REWARD (4. 17 08:20. The KPMG starting salary has followed this trend and is on par with the other Big 4 accounting firms. Big 4- Banking and Capital Markets- Exit Opportunities This topic has 9 replies, 6 voices, and was last updated 6 years, 11 months ago by nosleep135 . Rank: The Pro. It’s a lot of money but it also takes roughly 13 to 17 years to get there! Details: Nov 11, 2017 · Big 4 Advisory exit opportunities after 3 years. A large part of partner compensation is tied to equity. posted 2018-Mar-6, 6:12 pm AEST. This article is part 1 of 2 that will “deep dive” into the topic (with a precise estimate of the percentage pursuing each). In industry you could look for any standard newly qualified entry positions, or look particularly at acquisitions departments. A few years in the consulting industry, can give you a long-term reputation as a high-performer. If you have no intention of making a career in public then by all means work at a big 4 to get the name on your resume & then go somewhere else. Howdy, What exit opportunities exist after 2. big 4 exit opportunities reddit