Quote:
Originally Posted by Unregistered
I am surprise this is even a topic for debate. A MBB management associate fresh grad goes in at 5-8k on a 18-20 months annual package. The same for a Big 4 consultancy side is just 3 - 3.5k on 14-15 months annual. What is there to compare? They ain't even in the same league.
The fact that some FCH from local unis enter Big 4 is a well know fact, but it doesn't change the vast difference in starting pay levels and social standing between real management consultancies / investment banking and Big 4.
I have nothing against Big 4 and think it's a good stepping stone for people who like accounting or auditing and most with Big 4 experience do quite ok as far as a PME career is concerned, but to somehow imply that it is on par with high finance like MBB, IB, PB etc. is just ludicrous. |
Cheers to another like-minded person here.
Use Big 4 as a stepping stone and you will go far. Don't fall into the "become a partner" trap that Big 4 tries to sell you. In reality, even a A performer may not become partner due to various reasons, such as no partner slots open. Of course if you are lucky and joined at a time when a partner will be retiring just as you approach partner level, you may jolly well find yourself getting the partnership.