Second this. BIG 4 audit IS A brain dead job to Mgr level...
If you are not so smart, but can work hard...
Join Big 4 and cfm still can promote to mgr in 5 years....
7k/mth with 5 YOE not too shabby. Still at least 50 percentile of graduate pay with 5 YOE
Thereafter mgr liao just boss ppl around to slog for you (plenty of young sheep)
Farm 3 years more can hit SM. Then your Work life balance improved tremendously.
8 YOE can hit at least 10K+/month liao as SM. You will be in top 75% percentile liao for grad with 8 YOE

Avg grades? Avg IQ/EQ? No worries, Big 4 can offer you steady career path to earn 150K/annum by 30 (female) and by 32 (male)

For those with high IQ/EQ, still can chance to make junior partner at 10-12th mark to earn 400-500K/annum

Say until so easy when only 10% are left at manager level.

5 YOE - Basic 7K/month is average progression for graduates?
8 YOE - Basic 10k+/month is 75 percentiles for graduates?

OP is such a joke.
Lot of Ppl fresh grad tech/IB can already earn over 10K+ within 1-2 years

Managers did do interviews lah since when they dont.

Only HR and senior partners have a say on salaries.

Not a lot of ppl willing to put in 70-80hrs/week and farm for 5 years for mgr.
Outside most Work life balance definitely much better than Big 4.

However, outside career progression is not as guaranteed as Big 4.
The norm:
5 YOE - Mgr
8 YOE - Snr Mgr

As long as you can stay.....

I think the original post author is refering to graduates from all muti-disciplined jobs
Not everyone graduate with comp sci related degree or is able to make it to join IB

I'm the OP who posted that comment.

While I agree with all you said, I didn't mean "backwards looking" as in slow to take up new tech, although that is definitely a problem. I mean that the fundamental nature of audit is that it's a historical exercise. Looking 'backwards' for reporting. Essentially reactive in nature.

Clients are usually happy to pay a premium for forward-looking analysis (e.g. consulting advice). Most of audit is about looking backwards. Who is really happy to pay for that? It is a necessary evil required by law, nothing more.

That's why margins in this industry will forever be damn low. To increase margins, we must automate more, but that means less auditor jobs. It's a catch-22.

Previous OP here. Do agree with this. Imo auditors should also act as consultant to improve processes to add value. Hard fact is that both the auditors and client just dont see the value in audit, other than the general "improve creditability" sh1t.

Auditors want higher fee but client want lower fee for this no value added service. Further to that, mid managers have too much self interest. Not uncommon if you have the chance to work for different firm. No one really interested to make a change or improvement. Ppl just staying there to get paycheck and management ppl/minions, with politics.

Previous OP here. Do agree with this. Imo auditors should also act as consultant to improve processes to add value. Hard fact is that both the auditors and client just dont see the value in audit, other than the general "improve creditability" sh1t.

Auditors want higher fee but client want lower fee for this no value added service. Further to that, mid managers have too much self interest. Not uncommon if you have the chance to work for different firm. No one really interested to make a change or improvement. Ppl just staying there to get paycheck and management ppl/minions, with politics.

but you are paid more…

And on a day to day, I talk to you and take your instructions more than the “teachers”

So you alone should be responsible for my well-being and experience