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How long should you stay in Big 4 consulting?

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How long should you stay in Big 4 consulting?

Most people will leave life at Big 4 sometime, mostly around the 2-4 year mark. As a strategy consultant your best opportunities are at the Clients you have worked for as a strategy analyst of manager for that Client. You may also be a project manager doing project management.

Can you go from Big 4 to MBB?

Yes, it is, since they hire more people, the process is less structured and the criteria are less demanding. If you want to work for MBB later I do not recommend thinking about strategy consulting or ops consulting separately.

Do consultants get paid more than auditors?

The Big 4 firms pay their consultants over 30\% more than auditors. A first-year auditor at Big 4 firms has an average salary of $58,000/year. Meanwhile, entry-level consultants are paid around $80,000-90,000/year.

How long does it take to make manager at Big 4?

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Big 4 Promotion Timeline Associate: 2 – 3 yrs. Senior Associate: 2 – 3 yrs. Manager: 2 – 5 yrs.

Is BCG better than ey?

Boston Consulting Group scored higher in 6 areas: Overall Rating, Compensation & Benefits, Senior Management, CEO Approval, \% Recommend to a friend and Positive Business Outlook. Both tied in 3 areas: Career Opportunities, Work-life balance and Culture & Values.

Can you move from BCG to McKinsey?

I know a few people that moved from one to another and did pretty well. One guy I know did the opposite you are planning (from McKinsey EM to BCG PL) and is now a Partner at BCG. Thus the move is definitely possible and you can be very successful afterward.

Is Big 4 advisory better than audit?

Advisory will give you much broader options in the long-term: operations, marketing, product, etc. It’s like the little brother to management consulting. Auditing will keep you on the narrower accounting career path. So your next gig after leaving the Big 4 will 99\% likely also be in accounting.

How do I transfer from audit to advisory?

How To Internally Transfer From Audit to Advisory

  1. Research. After spending 2 years in Audit I could tell that it was something I was growing bored of.
  2. Reach Out To A Recruiter.
  3. Connect With People in the Function.
  4. Inform Audit of Intentions to Interview.
  5. Interviews With the Function.
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How many hours do Big 4 auditors work?

Busy season is typically 70-80 hours a week, quarterly reviews are 45-50 hours a week and the majority of the rest of the year is 40-45 hours a week. Deloitte: 55 on average but this varies a lot depending on how my project is going. I’ve had as heavy as 75 hours and as low as 35. KPMG: It varies throughout the year.

Which Big 4 firm is the best?

PwC is the most prestigious of the four and people working there know it. The firm’s reputation and solid audit business means there’s a sense of stability you might not find at Deloitte for example. Deloitte is smaller than PwC in the UK and keen to catch up.

How do I make the move out of Audit?

Over the course of your audit grad scheme, there will be plenty to get involved in to help you make the move. You just need to know what detail to highlight in your CV/Resume and elevator pitch. More often than not, new professional connections and first impressions are key to making a move out of audit.

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When is the best time to leave an audit position?

Generally speaking, our users shared that the best time to leave is 2 – 4 years after you start as you have a strong excel and audit background that you can leverage into a variety of other positions. See a general path breakdown below: There are good experience opportunities in an audit position for the first three to four years:

Is it possible to leave audit and go into asset management?

If you’ve explored your accounting & audit exit opportunities … and you’re sure Asset Management is what you want … then it’s absolutely possible, but you need to keep your cool and be patient. So, when’s the best time to leave Audit?

How hard is it to break into the investment banking industry?

Granted, it will be tough to break into investment banking or equity research at this level, but a position in the industry with some financial responsibilities is extremely feasible. It’s a fairly common path to do audit three years –> industry two to three years before shifting into a decently ranked MBA.

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