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10-12-2021, 12:23 AM
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as ex big 4, why bother working so hard
everything goes into partner pocket, you don't get any extra
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10-12-2021, 12:42 AM
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Quote:
Originally Posted by Unregistered
FDD = Glorified audit work but better than audit. Big 4 are major players in this area.
Valuation = Niche, have own projects but also support other divisions. Good place to build modelling skills.
M&A/CF = MM IB, smaller deals as compared to IB. Advise both sell side/buy side transactions.
Restructuring = Combination of strategy, operations and legal work. Do both IB and consulting in this part of the world.
M&A operations/OTS/TSE/Integration and separation = Post merger ops. Need good pmo and problem solving skills. Some get to interesting CDD/ODD as well.
It is also not a place for strawberries and xenophobic losers. If you can't even get above average ratings in audit, please don't apply for transfer.
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Not a place for strawberries and xenophobic losers? Cmon man, you think deals/TAS very prestigious? It's still a big 4 and it's not even the main revenue generating arm, which is audit. Deals people just ownself praise ownself
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10-12-2021, 12:51 AM
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Quote:
Originally Posted by Unregistered
Fresh grads who join big4 right after graduation are LOSERS. They cant get jobs elsewhere. They are ok being slaves with the dream of making partner 1 day.
Joke.
I see big4 people i just pui chao nua at them.
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A wild Tongkat Ali mid-tier appeared!
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10-12-2021, 12:55 AM
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Quote:
Originally Posted by Unregistered
Not a place for strawberries and xenophobic losers? Cmon man, you think deals/TAS very prestigious? It's still a big 4 and it's not even the main revenue generating arm, which is audit. Deals people just ownself praise ownself
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hahaha it is a fact that TAS/deals is way harder to get into compared to audit and the exit opps are way better as well so....
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10-12-2021, 12:55 AM
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Quote:
Originally Posted by Unregistered
Ntu grads who go mid tier is really damn sad leh. Starting salary less than 3k, frequent OT, 2 year bond. Meanwhile, civil servants everyday shake leg, go home at 5pm, starting salary 3.6k, 3 months bonus,AWS Go bedok reservoir better than go mid tier
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Is the yearly increment for civil war comparable to Big 4?
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10-12-2021, 07:46 AM
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Quote:
Originally Posted by Unregistered
Not a place for strawberries and xenophobic losers? Cmon man, you think deals/TAS very prestigious? It's still a big 4 and it's not even the main revenue generating arm, which is audit. Deals people just ownself praise ownself
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Not prestigious but definitely a better place compared to audit. Else why the average joes from audit keep sending their transfer requests to deals?
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10-12-2021, 08:55 AM
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Junior Member
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Join Date: Dec 2021
Posts: 9
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Quote:
Originally Posted by Unregistered
as ex big 4, why bother working so hard
everything goes into partner pocket, you don't get any extra
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Not big 4, but - fresh out of school we have this perfectionist attitude and pride in work. I believe in working hard and doing my best in every piece of work which has my name on it.
I did get jaded/exhausted after a few years.
So I guess the seniors and juniors will paint you different stories, lol. Good for you if you can maintain your energy over the years.
Last edited by DiamondAce; 10-12-2021 at 09:00 AM.
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10-12-2021, 09:46 AM
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Quote:
Originally Posted by DiamondAce
Not big 4, but - fresh out of school we have this perfectionist attitude and pride in work. I believe in working hard and doing my best in every piece of work which has my name on it.
I did get jaded/exhausted after a few years.
So I guess the seniors and juniors will paint you different stories, lol. Good for you if you can maintain your energy over the years.
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Jaded, exhausted, did a few years and still there? What are you waiting for
The never ending OT and double book + solo tank job + not empowered to do actual audit work and maybe even going against the spirit of audit + become more of a project manager or client relationship manager + a mixed bag of superiors and colleagues + office politics between the SMs (seriously for what). Why bother subject yourself to that
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10-12-2021, 10:46 AM
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Quote:
Originally Posted by Unregistered
Jaded, exhausted, did a few years and still there? What are you waiting for
The never ending OT and double book + solo tank job + not empowered to do actual audit work and maybe even going against the spirit of audit + become more of a project manager or client relationship manager + a mixed bag of superiors and colleagues + office politics between the SMs (seriously for what). Why bother subject yourself to that
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Every year also promote (A>SA>AM>M) and total comp 6 digits by the time you hit manager (5 to 6 years). This deal is hard to beat. 
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10-12-2021, 10:51 AM
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Junior Member
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Join Date: Dec 2021
Posts: 9
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Quote:
Originally Posted by Unregistered
Jaded, exhausted, did a few years and still there? What are you waiting for
The never ending OT and double book + solo tank job + not empowered to do actual audit work and maybe even going against the spirit of audit + become more of a project manager or client relationship manager + a mixed bag of superiors and colleagues + office politics between the SMs (seriously for what). Why bother subject yourself to that
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I didn't say I'm "still there". 
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