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Old 19-05-2015, 05:11 PM
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Are you thinking of becoming a partner?

Step 1. Keep grinding through the ranks. It will take you around 10 years to reach senior manager, by then you know whether you stand a chance at partner.

Step 2. Now that you are SM, you need a partner slot to open up. One way is you create a new line of business that is so profitable that you are able to be promoted to partner and manage that line of business. Another easier way is when your partner's time is up and he retires, creating a hole that you can potentially fill.
Unfortunately after SM you still need to climb 2 levels of AD and 2 more levels of Director. Generally even if you are a high flyer (being made partner is by definition high flyer), it will take at least 20 years to reach junior partner level.

This was my observation in KPMG and my good friend from PWC says it's also around there in PWC. Unless EY/Deloitte is drastically different, I don't think it's realistic to expect to be made partner just by reaching a SM grade.

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