Starting out can be rough. Just ask recruiters about the benefits and compare the two. The Big 4 accounting and consulting firms work with the best companies in the world. Why Audit at a Big 4 Was the Best Decision I Could Have Made For My Career. Do you have any specific tips/recommendations that may be useful for the various stages of the Project Delivery Analyst interview? promotions, raises)? Based on your experience - is there a preference between these two of the Big 4 that generally has a better culture, benefits, and career advancement? It’s most common for people to join them straight out of college and – after a few intense years of training – transition to … Their clients include every company in the Fortune 500 as … I switched from DT to KPMG and agree with all of this. But, when I was there, we had project associates (I think 1-8 or something), if your title will be something like that, it's not the same, I think you only have a few weeks on the bench before you are laid off. From what I've heard from recruiters and such is that you can get a free pass regarding leaving a job in a short period of time once. Despite any previous internship experience, oftentimes new hires require significant on-project training and active management, which PM's don't have the time or desire to deal with. First, they were all created in the 1800s, and were consolidated into larger firms through mergers and acquisitions during the 1900s. Although usually identified as single companies, each one of the Big 4 Accounting Firms is actually a network of independent corporations who have entered into agreements with one another to set quality standards and share a common name. A couple of days after this, I received a phone interview request from a Deloitte recruiter for a Project Delivery Sr. Analyst position (more technical and data driven); we are scheduled to interview at the end of the week. Project Delivery track doesn't get some of the same benefits, and is allotted a very small amount of time between projects until they start to push you out the door because they can't have you on the bench for more than a week or two. The best way is to use your contacts with MBB employees at the target firm to facilitate an interview. Your pay will increase very dramatically in the first three years and so will your responsibilities. Press question mark to learn the rest of the keyboard shortcuts. So we have a 6 case minimum per week and I have not been able to reach the minimum. During this time, one would essentially be a consultant with full-Deloitte benefits; a sort-of pseudo-Deloitte employee. A career is a long time. I am sure anyone who has done MFI knows how tedious and repetitive it can be (I do several different case types). Many, many people take the attitude that "if it wuz fun it wouldn't be called work hurrr" but I think that's BS. ENFJ ENFP ENTJ ENTP ESFJ ESFP ESTJ ESTP INFJ INFP INTJ INTP ISFJ ISFP ISTJ ISTP. Big 4 Consulting By The Numbers. We're in the office from 9AM - 11PM most days. My compensation currently is between $55-65k and I am ineligible for a bonus during my first year, although the bonuses are usually around $3-5k/year for my level. I know people who have made the transition from audit to corp finance but not from advisory. I'd stick it out until at least a year. What do you mean by work not really starting until after lunch? I've spent 4 years … Oftentimes, people say they are going to the top accounting consulting firms without knowing what they are talking about. During the 2000s, the Big 4 have made significant investments in their consulting businesses. I've been a PM off and on for years and I still find most of the work to be fucking awful (as in, beat your head against the brick wall until the boring stops someone ha;lp boring). Looks like you're using new Reddit on an old browser. Let me put this another way -- let's say you want to leave this firm -- your next interviewer will want to know why you left this place after 4 months after you already saw it from the inside -- were you in a different team during your internship? Previously, I interned with the same firm and secured the offer. The parenthetical is important because to 99% of the world we're at the Big 4 - so we're all "the best". That being said, if you TRULY believe that your firm doesn't do anything resembling the work you're interested in pursuing, then sure, GTFO. You'll be 2 years out of school making $75k and not hating your life. Consultant Salaries for Master’s and PhD Students Many consulting firms offer master’s students the same positions as undergraduate students. That's crazy to me, considering you could literally do anything else for 55k out of a top program. I'm curious as to which company would be the better choice for career growth. Obviously I'm not trying to push you away from Deloitte and I'm stoked to begin my job in a month, but there are some differences that are important to note. Hello r/consulting, it's been fun memeing with all of you these past few months. Several thoughts here, some of which are probably repeats of what others have said, but anyway: You said you interned at this place before -- You didn't have this experience before you joined as an FTE? I think you should prepare to answer this question should it come up, if you move on. New comments cannot be posted and votes cannot be cast, A community for consultants and those interested in consulting, Press J to jump to the feed. If so, how difficult is it to network and be onboarded for other projects? Do. I'm fortunate in that I "only" work/bill 50 hours a week or so, less fortunate in that I have to travel every fucking week. The culture is terrible - work doesn't really start until after lunch and the management isn't doing anything about it. Does the company make the applicant aware that their roles are such short-lived? I'm at a crossroads in life and thought of asking this community for advice. The work itself isn't exceptionally stimulating - I don't feel as though I am truly learning much. Hi guys and gals of r/consulting - before reading, know that I am not asking for pity, merely advice on what you would do in my situation. Does this title have a career development track (e.g. Hey guys, I'm hoping to secure an offer for management consulting at the big 4 but would like to make the transition to corporate finance once I have some experience in consulting. Not saying that this is the perfect or best job for you, but consulting is notoriously difficult for eager grads for the first couple months. But with all the public domain references to being ‘audit firms’ that have piled up over the decades, it might be a while before they can fully shake off that label. I know I should be happy to have landed a job here, but I'm not. They have the Goldman Sachs and JP Morgan audits. The contract for this position is 5 years, after which there is no guarantee of continued employment. It. Is this one of those "fuck around in meetings all day, work all night" kind of cultures? You won't make $75k after 2 years in big 4 advisory in any city other than New York. If you want prestige, apply for consulting positions at the Big 3 consulting firms (McKinsey, BCG, Bain). The fish in water when it comes to banks and high finance groups. Culture is very different from one office to another, so I'd say don't trust any online reviews, as your experience may not be the same. But audit is just the beginning. I recently had a phone interview with KPMG for a Sr. I am also really happy now at KPMG. I have been in contact with the recruiter and am awaiting further steps. EDIT: Someone messaged me asking if I had any other internships. Deloitte's national growth is mostly fed by consulting firm acquisitions. To clarify I am glad I started at Deloitte, and think it's a fantastic place. Yes, marketing at two different Fortune 50 companies. That's basically my biggest problem - if I am going to work crazy hours, I would want to do it for strategy consulting or MC with that salary. Thanks for the insight - I hadn't even thought of talking to any of my recruiter friends. It also will depend where you are located, that will determine which clients you have the chance to advise. I recently had a very good conversation with a Deloitte recruiter and they told me that this Project Delivery Senior Analyst position would fall within the company's Delivery Center.